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Acme Solar Holdings Limited

ACMESOLAR·NSE·
₹410.05▲ +2.45 (+0.60%)
Market Cap28985.38 Cr
PE Ratio49.76
Volume5,39,004
Day High - Low411.95 - 398.00
52W High-Low476.90 - 195.73

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.

DocStoX Score
5.1/10
Weak
Fair Value
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ROE
9.86%
Average
P/E
49.76x
Expensive
Debt / Equity
3.93
High
Industry
Power
Power Generation
Overall View
Mixed

Price performance

NIFTY 500NIFTY SMALLCAP 250
Day₹398.00
₹411.95
52W₹195.73
₹476.90
DocStoX take

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 confidence
5.1
/10
Weak
Quality
Solid
ROE 9.9%
Valuation
Expensive
P/E 49.8×
Growth
Steady
Revenue +3.6% 5Y CAGR
Risk
Moderate
D/E 3.93
Momentum
Strong
76% of 52-week range

At a glance

Market Cap
₹28,985 Cr
52W High / Low
₹477 / ₹196
Dividend Yield
0.05%
Promoter Holding
71.40%
EPS (TTM)
₹8.24
Book Value
₹83.61

Key highlights

  • Profit compounding 101% a year
  • Healthy net margin (25%)
  • High leverage — debt is 3.9× equity
  • Valuation is weak (0.0/10)
2 Positives3 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Power stocks · Power Generation

Acme Solar Holdings Limited peers in Power

Other Power stocks on the NSE & BSE. See the full Power sector list.