Acme Solar Holdings Limited
Acme Solar Holdings Limited (ACMESOLAR): company summary
The company's business is improving, with annual revenue rising 44.0% and net profit surging 98.4% year-over-year.
Acme Solar Holdings Limited (ACMESOLAR) is a mid-cap Power company valued at ₹28,985 crore operating in Power Generation on the NSE and BSE.
- Recent price move
- Acme Solar Holdings Limited last traded at ₹410.05, modestly up 0.60% on the day.
- Recent developments
- On 2026-08-28, the company secured a SECI contract for 300 MW capacity with a finalised tariff of ₹6 per kWh. On 2026-08-27, it raised ₹1,571 crore in project funding from IIFCL, its first sole greenfield finance. On 2026-07-29, it raised ₹3,405 crore from PFC for a 250 MW FDRE project. On 2026-07-16, it secured ₹2,647 crore in REC funding for a 450 MW FDRE project.
- Financial performance
- The company's business is improving, with annual revenue rising 44.0% and net profit surging 98.4% year-over-year. The latest quarter saw revenue and net profit both grow significantly, up 67.8% and 79.6% respectively compared to the same quarter a year earlier. Net profit margin expanded 6.7 percentage points to 24.6%, but return on equity and return on capital employed remain low at 9.9% and 7.2% respectively.
- Valuation multiples
- The stock trades at 49.8 times earnings, 3.57 times book value. It yields 0.1%.
- Things to watch
- The company has a high debt to equity ratio of 3.93, indicating significant leverage. Promoter holding fell 11.89 percentage points in the quarter, while foreign institutional holding increased slightly. The stock is 12.3% below its 52-week high, and the company has a low return on equity and return on capital employed.
- Where it stands
- The company has delivered strong revenue and profit growth, with net profit margin expanding significantly. Recent developments include securing major contracts and raising substantial funding for new projects. The high debt to equity ratio and promoter selling remain key concerns.
Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
Price performance
Supported by momentum (7.5) and growth (7.1), but held back by valuation (0.0). Momentum looks strong at 7.5, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidenceAt a glance
Key highlights
- Profit compounding 101% a year
- Healthy net margin (25%)
- High leverage — debt is 3.9× equity
- Valuation is weak (0.0/10)
Growth
Financials
Technicals
Peers
News
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About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Acme Solar Holdings Limited peers in Power
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