ACME Solar Holdings Ltd (ACMESOLAR)
₹404.80
Mkt cap
₹28,614 Cr
P/E ratio
38.10
P/B
3.43
Div yield
0.05%
ROE
10.40%
ROCE
8.91%
EPS (TTM)
₹10.62
Book value
₹118
52W range
196–477
Sector
Utilities
Price history
Previous close
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]
NSE ACMESOLARBSE 544283
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthModerate
TechnicalsNeutral
52-week range
−15.12% from high₹405
₹196+106.64% from low₹477
Current
₹404.80
Prev close
₹415.80
Day
−2.65%
Price performance
1D
−2.60%
1W
+8.91%
1M
−7.52%
3M
+12.28%
6M
+33.62%
1Y
+42.73%
YTD
+68.34%
Financials
Revenue, profit & margin
P/E ratio
38.1×
ACMESOLAR is 85% above the sector median of 20.6×
ACMESOLAR38.1×
Sector median20.6×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 323 | 332 | 295 | 310 | 260 | 349 | 487 | 511 | 468 | 497 | 548 | 858 | 887 | |
| Expenses | 34 | 54 | 94 | 38 | 39 | 42 | 51 | 53 | 68 | 52 | 69 | 123 | 134 | |
| Operating Profit | 290 | 277 | 201 | 272 | 221 | 307 | 436 | 458 | 400 | 444 | 479 | 734 | 753 | |
| OPM % | 90% | 84% | 68% | 88% | 85% | 88% | 90% | 90% | 86% | 89% | 87% | 86% | 85% | |
| Other Income | 73 | 39 | 719 | 30 | 36 | 45 | 38 | 57 | 138 | 120 | 171 | 96 | 120 | |
| Interest | 200 | 202 | 177 | 196 | 178 | 179 | 206 | 233 | 265 | 288 | 337 | 344 | 345 | |
| Depreciation | 86 | 85 | 61 | 56 | 60 | 70 | 102 | 108 | 117 | 120 | 123 | 155 | 172 | |
| Profit before tax | 77 | 29 | 681 | 50 | 18 | 103 | 166 | 174 | 156 | 156 | 190 | 331 | 356 | |
| Tax % | 50% | -55% | 22% | 97% | 16% | -8% | 27% | 25% | 26% | 27% | 27% | 29% | 25% | |
| Net Profit | 39 | 44 | 532 | 1 | 15 | 112 | 122 | 131 | 115 | 114 | 138 | 235 | 269 | |
| EPS in Rs | 0.74 | 0.85 | 10.20 | 0.03 | 0.29 | 1.85 | 2.04 | 2.16 | 1.90 | 1.88 | 2.30 | 3.33 | 3.80 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +1.47% · closed higher next day 4 of last 9
| Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 25 Nov '24◦ | 29 Jan '25◦ | 19 May '25◦ | 25 Jul '25◦ | 3 Nov '25◦ | 29 Jan '26◦ | 8 May '26 | 29 Jul '26◦ | 28 Oct '26◦ |
| Earnings day | −1.94% | +10.00% | −3.67% | +8.83% | +0.42% | +5.34% | −5.28% | −1.62% | +1.13% |
| +1 day | +0.56% | +12.51% | −1.18% | +5.99% | −1.30% | +1.46% | −2.78% | −1.10% | −1.50% |
| +5 days | +8.88% | +19.15% | −0.24% | +2.26% | −6.40% | +3.39% | −7.55% | +2.40% | — |
| +15 days | +0.02% | −0.25% | +2.42% | +5.01% | −14.29% | +8.06% | +2.90% | +8.39% | — |
| +30 days | −10.87% | +5.15% | +0.84% | +11.80% | −13.81% | +14.26% | +17.18% | +8.35% | — |
| Filing | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202671.40%Promoter
Promoters71.40%
FIIs6.44%2.05
DIIs17.46%1.64
Public4.57%0.35
Ownership trend
Peers
7 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 | ₹316.25 | 11.05 | 3,06,657 | 2.85% | 6,896 | +11.82% | 50,741 | +7.81% | 8.92% |
| Adani Green | ₹1,298.70 | 109.49 | 2,13,919 | 0.00% | 747 | +2.26% | 4,258 | +41.56% | 7.39% |
| JSW Energy | ₹500.35 | 38.91 | 91,738 | 0.40% | 1,141 | +49.91% | 6,368 | +23.00% | 8.16% |
| NHPC Ltd | ₹77.74 | 20.57 | 78,090 | 2.07% | 1,178 | +2.90% | 3,808 | +18.50% | 5.75% |
| NTPC Green Ene. | ₹82.44 | 105.76 | 69,467 | 0.00% | 138 | +56.96% | 938 | +53.22% | 3.56% |
| NLC India | ₹227.95 | 9.85 | 31,608 | 1.69% | 436 | −39.28% | 4,717 | +23.29% | 8.42% |
| ACME Solar Hold. | ₹404.80 | 38.06 | 28,614 | 0.05% | 269 | +139.77% | 887 | +89.63% | 8.91% |
| Median: 28 Co. | ₹107.41 | 20.57 | 7,308 | 0.00% | 60 | +31.82% | 786 | +15.08% | 6.16% |
Filings
Annual reports2
Concall transcripts26
PPTOct 2026RECOct 2026TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Oct - Submission of Newspaper Publication-Unaudited Financial Results for the quarter and half year ended September 30, 2026ACME Solar Signs PPA With NTPC For 400 ISTS Connected FDRE Project 30 Oct - ACME Solar signs NTPC PPA for 400 MW ISTS-connected FDRE project at ₹4.37/unit.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 29 Oct - Audio recording of Q2 FY27 earnings call made available on company website.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 29 Oct - Subsidiary signed 400 MW FDRE PPA with NTPC at Rs 4.37/unit; supply starts 30 June 2028.Announcement under Regulation 30 (LODR)-Monitoring Agency Report 28 Oct - CARE monitoring report for QIP ₹2,800 crore quarter ended September 30, 2026; no deviation.