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ACMESOLAR · Acme Solar Holdings Ltd · Electric Utilities

ACMESOLAR · Acme Solar Holdings Ltd · Electric Utilities

₹407.9-3.1%

As of 05 Nov close

52-week range

52wk low ₹195.952wk high ₹476.9

14.5% below 52-week high

52-week range: as of 05 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

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Fundamentals as of 29 Oct 2026

Operating margin above its own averageDebt-to-equity above 1x

Revenue (latest Q)

₹858 Cr

Revenue YoY

PAT YoY

+79.9%

Operating margin

Revenue, last 5 quarters

P/E (TTM)

P/B

5.7

P/S (TTM)

Not available from data source

Sector P/E

Not available from data source

Dividend yield

+0.1%

Source: Yahoo Finance, as of 29 Oct 2026

No peer comparison data on file for ACMESOLAR.

Promoter

falling 2q

FII

rising 2q

MF

16.20% (+0.14pp)

rising 3q

Insider trades

DateInsiderTypeQtyValue
06 Nov 2025ACME EMPLOYEES WELFARE TRUSTBUY8,84,023₹23.79 Cr

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

Concalls & investor presentations

AI-generated
Concall transcriptPositive04 Aug 2026
View source filing →

Key takeaway: ACME Solar Holdings Limited reported strong financial results for Q1 FY27, achieving record revenue of INR 954 crores, a 63% increase year-on-year, and an EBITDA of INR 831 crores, up 56%. The company attributed this performance to higher capacity utilization factor (CUF), contributions from battery energy storage systems (BESS), and renewable capacity additions. Profit after tax rose 80% to INR 235 crores, with a PAT margin of 25%. The company also highlighted its significant BESS capacity, accounting for 40% of India's total, and secured INR 1,400 crores in short-term contracts. Management noted a strong demand for renewable energy, with India's installed capacity reaching 548 gigawatts. They also discussed recent regulatory developments that support the sector and indicated plans to increase BESS capacity to over 10 gigawatt hours by FY27. The management emphasized disciplined execution and a healthy project pipeline as key priorities.

Management highlighted strong financial performance and growth opportunities in the renewable energy sector.

Sourced from an exchange-filed transcript, dated 04 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationNeutral30 Jul 2026
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Key takeaway: ACME Solar Holdings Limited provided an update regarding the audio recording of its earnings call held on July 30, 2026. The call discussed the audited financial results for the quarter ended June 30, 2026. The company informed that the recording is available on its website for analysts and institutional investors. The communication was made in compliance with the Securities and Exchange Board of India regulations, specifically referencing Regulation 30 and 46. The document included contact information for the company and a request for the information to be recorded by the stock exchanges.

The document presented factual information regarding the earnings call and compliance with regulatory requirements.

Sourced from an exchange-filed presentation, dated 30 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive29 Jul 2026
View source filing →

Key takeaway: ACME Solar Holdings Limited reported its investor presentation for Q1 FY27, highlighting significant achievements including the highest ever revenue and EBITDA for the quarter, with total revenue reaching INR 954 Cr, a 63.3% year-on-year increase. The company also achieved a record Capacity Utilization Factor (CUF) of 30.9% and signed 600 MW of Power Purchase Agreements (PPAs) with SECI, bringing total signed capacity to 3,880 MW. Additionally, ACME commissioned approximately 2.3 GWh of Battery Energy Storage Systems (BESS), increasing total commissioned capacity to around 3.62 GWh. The presentation detailed a capital expenditure of INR 2,958 Cr for the quarter and a PAT of INR 235 Cr, reflecting a 79.9% increase year-on-year. Management provided updates on ongoing projects and regulatory developments, emphasizing a strong operational and financial performance.

Management emphasized strong financial and operational results in the presentation.

Sourced from an exchange-filed presentation, dated 29 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptPositive14 May 2026
View source filing →

Key takeaway: ACME Solar Holdings Limited held its Q4 and FY26 Earnings Conference Call on May 8, 2026, where management discussed the company's performance and sector highlights. The company reported a total revenue of INR 705 crores for Q4 and INR 2,507 crores for FY26, marking increases of 31% and 59% year-on-year, respectively. EBITDA margins exceeded 90% due to operational efficiency. The company successfully commissioned approximately 2.3 gigawatts of Battery Energy Storage System (BESS) capacity, generating net realizations of around INR 2.2 crores per day. Management highlighted India's peak electricity demand reaching 256 gigawatts and the addition of 55 gigawatts of renewable energy capacity in FY26. The company also emphasized its focus on timely execution and healthy order book additions, with a total under-construction portfolio of 8,071 megawatts. The discussion concluded with a Q&A session addressing various operational and financial queries from analysts.

Management highlighted strong revenue growth and operational efficiency.

Sourced from an exchange-filed transcript, dated 14 May 2026. Summary is RedixFi-generated and distinct from investment advice.

Investor presentationPositive08 May 2026
View source filing →

Key takeaway: ACME Solar Holdings Limited's investor presentation for Q4 and FY2026 highlighted significant operational and financial achievements. Management reported the commissioning of a 2.32 GWh Battery Energy Storage System (BESS) and a 100 MW wind project, contributing to a total operational capacity of 2,990 MW. The company secured a new project win of 301 MW, bringing total project additions for FY26 to 1,401 MW. Financially, total revenue increased by 30.7% year-over-year for Q4, reaching INR 705 Cr, while FY26 revenue grew by 59.2% to INR 2,507 Cr. EBITDA margins improved to 90.3% for FY26, with a PAT of INR 498 Cr, reflecting a 98.5% increase. The presentation also outlined a goal to achieve a portfolio of 10 GW generation capacity and 20 GWh BESS capacity by 2030, emphasizing the company's growth strategy and operational efficiency.

Management emphasized strong growth and operational milestones.

Sourced from an exchange-filed presentation, dated 08 May 2026. Summary is RedixFi-generated and distinct from investment advice.

Concall transcriptPositive04 Feb 2026
View source filing →

Key takeaway: ACME Solar Holdings Limited held its Q3 FY 2025-26 earnings conference call on January 30, 2026, where management discussed the company's performance and sector highlights. Management reported a strong momentum in India's renewable energy capacity, with significant additions in solar and wind. They noted a 54% year-on-year increase in total revenue to Rs. 617 crore, driven by capacity additions and improved operational efficiency. EBITDA margins improved to 91.5%, and PAT was reported at Rs. 114 crore. Management highlighted successful procurement strategies, including securing 1.7 gigawatt peak-up modules and additional battery energy storage systems (BESS) within budgeted costs. They also addressed curtailment impacts, stating minimal revenue loss and a robust operational portfolio. The company aims to execute 1.5 gigawatts of contracted renewable capacity in FY'27 and emphasized ongoing efforts in technology innovation and policy advocacy.

Management highlighted strong financial performance and strategic initiatives.

Sourced from an exchange-filed transcript, dated 04 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.

AI Summary of Annual Report

AI-generated
FY2025-26439 pages

ACME Solar Holdings Limited's FY2025-26 annual report highlights strong compliance with regulatory and statutory requirements, including no penalties from SEBI or stock exchanges. The company maintained robust internal controls and governance practices, with no material fraud identified. Key financial highlights include a stable credit rating (Crisil AA-/Stable) and no defaults in loan repayments or interest payments. The report also notes ongoing disputes related to indirect tax demands, though no material liabilities were outstanding as of March 31, 2026. The company's strategic focus remains on growth and sustainability, supported by its mega BESS project and adherence to ESG principles.

  • No penalties or strictures from SEBI, stock exchanges, or statutory authorities in FY2026.
  • Robust internal controls with no material fraud detected during the year.
  • Credit rating upgraded to Crisil AA-/Stable for FY2026.
  • No defaults in loan repayments or interest payments.
  • Ongoing disputes related to indirect tax demands, but no material liabilities outstanding as of March 31, 2026.

Key takeaway: ACME Solar Holdings Limited demonstrated strong compliance, governance, and financial stability in FY2026, with no major defaults or penalties, though it faces ongoing disputes related to indirect tax demands.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 03 Sept 2026View source filing →

Governance disclosures

AI-generated

Needs attention

No item of a kind that needs attention was stored for this company.

Contingent Liability

2 occurrences

Earlier (1-3 years ago)

Annual Report28 Oct 2025 (FY2024-25)· 4 passages
View source filing →

The company has a contingent liability related to a disputed income tax demand of INR 4.54 million from Athena Karnal Solar Power Private Limited, which is under appeal and no provision has been made.

Annual Report02 Sept 2025 (FY2024-25)· 4 passages
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The company has a disputed income tax demand of INR 4.54 million related to Athena Karnal Solar Power Private Limited for the assessment year 2018-19, with an appeal pending before the Commissioner of Income-tax (Appeals). The company has deposited INR 0.91 million under protest.

Related-Party Transaction

2 occurrences

Earlier (1-3 years ago)

Annual Report28 Oct 2025 (FY2024-25)· 22 passages
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The company acquired 2,163,269 equity shares and 2,069,489 convertible debentures from Vittanath Power Private Limited, a related party, for INR 441.48 million and INR 204.08 each respectively on 27th December 2023.

Annual Report02 Sept 2025 (FY2024-25)· 22 passages
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The company entered into various material related party transactions during the year under review.

Management & Board Governance

1 occurrence

Earlier (1-3 years ago)

Annual Report28 Oct 2025 (FY2024-25)· 2 passages
View source filing →

Mr. Dilip Kumar Singh resigned as Internal Auditor of the Company on 27th March 2025 due to personal reasons and was relieved from services. M/s AAPT & Associates were appointed as Internal Auditor for FY 2026 on 31st March 2025.

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