ACME Solar Holdings Ltd (ACMESOLAR)
₹365.85
Mkt cap
₹25,861 Cr
P/E ratio
52.00
P/B
4.38
Div yield
0.05%
ROE
10.40%
ROCE
8.89%
EPS (TTM)
₹7.04
Book value
₹84
52W range
199–394
Sector
Utilities
Incorporated in 2015, ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid, and firm and dispatchable renewable energy (“FDRE”) projects. [1]
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthLow
TechnicalsBullish
52-week range
−7.14% from high₹366
₹199+83.88% from low₹394
Current
₹365.85
Prev close
₹365.50
Day
+0.10%
Price performance
1D
+0.10%
1W
−3.10%
1M
+2.42%
3M
+19.83%
6M
+74.48%
1Y
+31.35%
YTD
+52.14%
Financials
FRevenue, profit & margin
P/E ratio
52.0×
ACMESOLAR is 136% above the sector median of 22.0×
ACMESOLAR52.0×
Sector median22.0×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 369 | 323 | 332 | 295 | 310 | 260 | 349 | 487 | 511 | 468 | 497 | 548 | |
| Expenses | 47 | 34 | 54 | 94 | 38 | 39 | 42 | 51 | 53 | 68 | 52 | 69 | |
| Operating Profit | 322 | 290 | 277 | 201 | 272 | 221 | 307 | 436 | 458 | 400 | 444 | 479 | |
| OPM % | 87% | 90% | 84% | 68% | 88% | 85% | 88% | 90% | 90% | 86% | 89% | 87% | |
| Other Income | 65 | 73 | 39 | 719 | 30 | 36 | 45 | 38 | 57 | 138 | 120 | 171 | |
| Interest | 188 | 200 | 202 | 177 | 196 | 178 | 179 | 206 | 233 | 265 | 288 | 337 | |
| Depreciation | 77 | 86 | 85 | 61 | 56 | 60 | 70 | 102 | 108 | 117 | 120 | 123 | |
| Profit before tax | 122 | 77 | 29 | 681 | 50 | 18 | 103 | 166 | 174 | 156 | 156 | 190 | |
| Tax % | 33% | 50% | -55% | 22% | 97% | 16% | -8% | 27% | 25% | 26% | 27% | 27% | |
| Net Profit | 82 | 39 | 44 | 532 | 1 | 15 | 112 | 122 | 131 | 115 | 114 | 138 | |
| EPS in Rs | 7.88 | 3.70 | 4.26 | 50.97 | 0.03 | 0.29 | 1.85 | 2.04 | 2.16 | 1.90 | 1.88 | 2.30 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
29 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +1.96% · closed higher next day 4 of last 7
| Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|
| Broadcast | 25 Nov '24◦ | 29 Jan '25◦ | 19 May '25◦ | 25 Jul '25◦ | 3 Nov '25◦ | 29 Jan '26◦ | 8 May '26 |
| Earnings day | −1.94% | +10.00% | −3.67% | +8.83% | +0.42% | +5.34% | −5.28% |
| +1 day | +0.56% | +12.51% | −1.18% | +5.99% | −1.30% | +1.46% | −2.78% |
| +5 days | +8.88% | +19.15% | −0.24% | +2.26% | −6.40% | +3.39% | −7.55% |
| +15 days | +0.02% | −0.25% | +2.42% | +5.01% | −14.29% | +8.06% | +2.90% |
| +30 days | −10.87% | +5.15% | +0.84% | +11.80% | −13.81% | +14.26% | +17.18% |
| Filing | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Re 0.20 Per Share | — | 6 Feb '26 | 6 Feb '26 |
Shareholding
Sas of Jun 202671.40%Promoter
Promoters71.40%11.89
FIIs4.39%0.79
DIIs19.10%12.05
Public4.92%1.04
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| NTPC | ₹347.20 | 12.13 | 3,36,668 | 2.40% | 6,896 | +11.82% | 50,741 | +7.81% | 8.33% |
| Adani Green | ₹1,395.10 | 118.52 | 2,29,798 | 0.00% | 983 | +16.89% | 4,431 | +16.61% | 7.39% |
| JSW Energy | ₹551.65 | 50.42 | 1,01,144 | 0.36% | 533 | −36.62% | 5,207 | +1.24% | 8.16% |
| NTPC Green Ene. | ₹96.32 | 133.72 | 81,162 | 0.00% | 305 | +38.26% | 1,107 | +62.72% | 3.53% |
| NHPC Ltd | ₹79.39 | 21.18 | 79,748 | 2.41% | 1,549 | +71.05% | 2,816 | +19.96% | 5.73% |
| NLC India | ₹292.80 | 11.53 | 40,601 | 1.23% | 1,481 | +189.12% | 5,042 | +31.45% | 10.45% |
| SJVN | ₹67.58 | 41.36 | 26,558 | 2.16% | −118 | +7.54% | 1,496 | +196.68% | 5.57% |
| ACME Solar Hold. | ₹365.85 | 52.04 | 25,861 | 0.05% | 138 | +0.86% | 548 | +12.52% | 8.89% |
| Median: 27 Co. | ₹112.57 | 21.99 | 7,713 | 0.00% | 52 | +23.01% | 796 | +12.38% | 6.97% |
Filings
DAnnual reports1
Concall transcripts21
Credit ratings6
Announcements5
Credit Rating - ACME Eco Clean Energy Private Limited And ACME Pokhran Solar Private Limited 7h - Crisil assigned A+/Stable ratings to Rs657.08 crore and Rs310.74 crore bank facilities of two subsidiaries.Announcement under Regulation 30 (LODR)-Press Release / Media Release 1d - ACME Solar operationalized 3.62 GWh BESS in Rajasthan; 2.29 GWh commissioned in FY26 so far.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Jul - ACME Solar will host a Q1 FY27 results call on July 30, 2026 at 12:00 PM IST.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 21 Jul - ACME Solar subsidiary signed 25-year PPA with SECI for 300 MW wind-solar hybrid project at Rs. 3.25/unit.Update On Commissioning Of Battery Energy Storage System (BESS) Project 20 Jul - ACME Suryodaya commissioned 160.512 MWh BESS in Rajasthan; COD July 22, 2026.