Acme Solar Holdings Limited Share Price & Analysis
Price Chart
Fundamentals
Concerns
- ✗Heavy debt load (D/E 3.9x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPOWER Adani Power Limited | ₹217 | ₹4.1L Cr | 32.4 | 6.44 | 21.1 | 17.2 | 0.83 |
| NTPC NTPC Limited | ₹350 | ₹3.3L Cr | 12.2 | 1.67 | 14 | 8.33 | 1.33 |
| POWERGRID Power Grid Corporation of India Limited | ₹289 | ₹2.6L Cr | 16.6 | 2.68 | 16.5 | 9.74 | 1.37 |
| ADANIGREEN Adani Green Energy Limited | ₹1,472 | ₹2.5L Cr | 136 | 12.17 | 11.4 | 7.39 | 5.19 |
| ADANIENSOL Adani Energy Solutions Limited | ₹1,729 | ₹2.1L Cr | 92.3 | 8.16 | 9.44 | 9.65 | 1.93 |
| TATAPOWER Tata Power Company Limited | ₹378 | ₹1.2L Cr | 31.3 | 3.05 | 10.2 | 10.5 | 1.86 |
| JSWENERGY JSW Energy Limited | ₹561 | ₹99K Cr | 45.5 | 3.21 | 7.51 | 8.16 | 2.37 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ACMESOLAR · as of Jun 2026
| Category | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 83.41% | 83.41% | 83.41% | 83.29% | 83.29% | 71.48% |
| FII | 4.74% | 5.76% | 5.57% | 4.03% | 3.60% | 3.93% |
| DII | 7.09% | 6.61% | 6.39% | 6.87% | 7.05% | 19.07% |
| Public | 4.75% | 4.22% | 4.63% | 5.69% | 5.96% | 5.42% |
| Others | — | — | — | 0.11% | 0.10% | 0.08% |
Corporate Events
To consider and approve the un-audited financial results (Standalone andConsolidated) of the Company for the first quarter ended on June 30, 2026.
To consider and approve the financial results for the period ended March 31, 2026
Interim Dividend - Re 0.20 Per Share
Interim Dividend - Re 0.20 Per Share
Latest News
All news →Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹497 Cr ▲6.2% | ₹468 Cr ▼8.4% | ₹511 Cr ▲4.9% | ₹487 Cr ▲39.5% | ₹349 Cr ▲34.2% | ₹260 Cr ▼16.1% | ₹310 Cr ▲5.1% | ₹295 Cr |
| Op. Profit | ₹444 Cr ▲11.0% | ₹400 Cr ▼12.7% | ₹458 Cr ▲5.0% | ₹436 Cr ▲42.0% | ₹307 Cr ▲38.9% | ₹221 Cr ▼18.8% | ₹272 Cr ▲35.3% | ₹201 Cr |
| OPM | 89.0% ▲3.5% | 86.0% ▼4.4% | 90.0% ▲0.0% | 90.0% ▲2.3% | 88.0% ▲3.5% | 85.0% ▼3.4% | 88.0% ▲29.4% | 68.0% |
| Net Profit | ₹114 Cr ▼0.9% | ₹115 Cr ▼12.2% | ₹131 Cr ▲7.4% | ₹122 Cr ▲8.9% | ₹112 Cr ▲646.7% | ₹15 Cr ▲1400.0% | ₹1 Cr ▼99.8% | ₹532 Cr |
| EPS (₹) | 1.88 ▼1.1% | 1.9 ▼12.0% | 2.16 ▲5.9% | 2.04 ▲10.3% | 1.85 ▲537.9% | 0.29 ▲866.7% | 0.03 ▼99.9% | 50.97 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹2.0K Cr ▲44.0% | ₹1.4K Cr ▲6.5% | ₹1.3K Cr ▲1.9% | ₹1.3K Cr ▼13.0% | ₹1.5K Cr ▼12.1% | ₹1.7K Cr ▼4.8% | ₹1.8K Cr |
| Expenses | ₹242 Cr ▲44.0% | ₹168 Cr ▼25.3% | ₹225 Cr ▲84.4% | ₹122 Cr ▼50.6% | ₹247 Cr ▲77.7% | ₹139 Cr ▲7.8% | ₹129 Cr |
| Op. Profit | ₹1.8K Cr ▲44.0% | ₹1.2K Cr ▲13.1% | ₹1.1K Cr ▼6.7% | ₹1.2K Cr ▼5.4% | ₹1.2K Cr ▼20.2% | ₹1.6K Cr ▼5.8% | ₹1.6K Cr |
| OPM | 88.0% ▲0.0% | 88.0% ▲6.0% | 83.0% ▼8.8% | 91.0% ▲9.6% | 83.0% ▼9.8% | 92.0% ▼1.1% | 93.0% |
| Other Income | ₹486 Cr ▲230.6% | ₹147 Cr ▼83.5% | ₹891 Cr ▲740.6% | ₹106 Cr ▼73.8% | ₹404 Cr ▲85.3% | ₹218 Cr ▲165.9% | ₹82 Cr |
| Interest | ₹1.1K Cr ▲48.0% | ₹759 Cr ▼1.0% | ₹767 Cr ▼5.2% | ₹809 Cr ▼18.8% | ₹996 Cr ▼13.5% | ₹1.2K Cr ▼7.0% | ₹1.2K Cr |
| Depreciation | ₹468 Cr ▲63.1% | ₹287 Cr ▼6.8% | ₹308 Cr ▼36.5% | ₹485 Cr ▼11.2% | ₹546 Cr ▼12.2% | ₹622 Cr ▼11.6% | ₹704 Cr |
| PBT | ₹677 Cr ▲100.3% | ₹338 Cr ▼62.8% | ₹909 Cr ▲6160.0% | ₹-15 Cr ▼114.7% | ₹102 Cr ▲10300.0% | ₹-1 Cr ▲99.5% | ₹-211 Cr |
| Tax % | 26.0% ▲0.0% | 26.0% ▲13.0% | 23.0% ▲129.1% | -79.0% ▼302.6% | 39.0% ▲102.7% | -1470.0% ▼942.6% | -141.0% |
| Net Profit | ₹498 Cr ▲98.4% | ₹251 Cr ▼64.0% | ₹698 Cr ▲23366.7% | ₹-3 Cr ▼104.8% | ₹62 Cr ▲313.3% | ₹15 Cr ▼82.6% | ₹86 Cr |
| EPS (₹) | 8.23 ▲97.4% | 4.17 ▼93.8% | 66.81 ▲22370.0% | -0.3 ▼105.1% | 5.94 ▲306.8% | 1.46 ▼82.2% | 8.2 |
| Div Payout | 2.0% ▼60.0% | 5.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||
| Equity Capital | ₹121 Cr ▲0.0% | ₹121 Cr ▲0.0% | ₹121 Cr ▲16.3% | ₹104 Cr ▲0.0% | ₹104 Cr ▲0.0% | ₹104 Cr ▲0.0% | ₹104 Cr ▲0.0% | ₹104 Cr |
| Reserves | ₹4.9K Cr ▲5.9% | ₹4.7K Cr ▲6.2% | ₹4.4K Cr ▲76.6% | ₹2.5K Cr ▲38.4% | ₹1.8K Cr ▼0.4% | ₹1.8K Cr ▲2.9% | ₹1.8K Cr ▲61.1% | ₹1.1K Cr |
| Borrowings | ₹19.9K Cr ▲53.1% | ₹13.0K Cr ▲18.4% | ₹11.0K Cr ▲28.6% | ₹8.5K Cr ▼5.3% | ₹9.0K Cr ▲13.9% | ₹7.9K Cr ▼18.7% | ₹9.7K Cr ▼8.1% | ₹10.6K Cr |
| Other Liabilities | ₹3.6K Cr ▲35.6% | ₹2.6K Cr ▼0.4% | ₹2.7K Cr ▲27.6% | ₹2.1K Cr ▲86.9% | ₹1.1K Cr ▲14.4% | ₹973 Cr ▲8.1% | ₹900 Cr ▼75.5% | ₹3.7K Cr |
| Total Liabilities | ₹28.5K Cr ▲39.7% | ₹20.4K Cr ▲12.6% | ₹18.1K Cr ▲37.4% | ₹13.2K Cr ▲9.8% | ₹12.0K Cr ▲11.4% | ₹10.8K Cr ▼13.5% | ₹12.5K Cr ▼19.2% | ₹15.5K Cr |
| Assets | ||||||||
| Fixed Assets | ₹15.7K Cr ▲14.7% | ₹13.7K Cr ▲11.4% | ₹12.3K Cr ▲82.2% | ₹6.8K Cr ▲1.9% | ₹6.6K Cr ▲7.3% | ₹6.2K Cr ▼31.2% | ₹9.0K Cr ▼6.9% | ₹9.7K Cr |
| CWIP | ₹4.4K Cr ▲219.0% | ₹1.4K Cr ▲0.3% | ₹1.4K Cr ▼51.8% | ₹2.8K Cr ▲31.7% | ₹2.1K Cr ▲68.7% | ₹1.3K Cr ▲1212.4% | ₹97 Cr ▼55.9% | ₹220 Cr |
| Investments | ₹275 Cr ▲0.0% | ₹275 Cr ▲0.0% | ₹275 Cr ▲83.3% | ₹150 Cr ▲552.2% | ₹23 Cr ▼8.0% | ₹25 Cr ▲0.0% | ₹25 Cr | ₹0 Cr |
| Other Assets | ₹8.2K Cr ▲61.3% | ₹5.1K Cr ▲21.0% | ₹4.2K Cr ▲20.7% | ₹3.5K Cr ▲7.6% | ₹3.2K Cr ▼2.9% | ₹3.3K Cr ▼1.8% | ₹3.4K Cr ▼39.5% | ₹5.6K Cr |
| Total Assets | ₹28.5K Cr ▲39.7% | ₹20.4K Cr ▲12.6% | ₹18.1K Cr ▲37.4% | ₹13.2K Cr ▲9.8% | ₹12.0K Cr ▲11.4% | ₹10.8K Cr ▼13.5% | ₹12.5K Cr ▼19.2% | ₹15.5K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.2K Cr ▼19.1% | ₹1.5K Cr ▲7.6% | ₹1.4K Cr ▲13.5% | ₹1.3K Cr ▲32.3% | ₹955 Cr ▼45.3% | ₹1.7K Cr ▲89.4% | ₹922 Cr |
| Investing CF | ₹-7.3K Cr ▼84.0% | ₹-4.0K Cr ▼110.6% | ₹-1.9K Cr ▼33.9% | ₹-1.4K Cr ▼231.8% | ₹-425 Cr ▼192.8% | ₹458 Cr ▲132.1% | ₹-1.4K Cr |
| Financing CF | ₹7.0K Cr ▲105.8% | ₹3.4K Cr ▲1477.8% | ₹216 Cr ▲0.5% | ₹215 Cr ▲138.7% | ₹-556 Cr ▲72.7% | ₹-2.0K Cr ▼530.4% | ₹474 Cr |
| Net Cash Flow | ₹947 Cr ▼2.9% | ₹975 Cr ▲509.7% | ₹-238 Cr ▼444.9% | ₹69 Cr ▲376.0% | ₹-25 Cr ▼115.2% | ₹164 Cr ▲629.0% | ₹-31 Cr |
| Free Cash Flow | ₹-4.1K Cr ▼136.8% | ₹-1.7K Cr ▼25.7% | ₹-1.4K Cr ▼376.4% | ₹495 Cr ▲199.8% | ₹-496 Cr ▼131.8% | ₹1.6K Cr ▲217.6% | ₹-1.3K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 60d ▼39.4% | 99d ▼14.7% | 116d ▼41.1% | 197d ▼3.0% | 203d ▲30.1% | 156d ▲13.0% | 138d |
| Inventory Days | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 60d ▼39.4% | 99d ▼14.7% | 116d ▼41.1% | 197d ▼3.0% | 203d ▲30.1% | 156d ▲13.0% | 138d |
| Working Capital Days | -432d ▼266.1% | -118d ▼263.9% | 72d ▼35.1% | 111d ▲37.0% | 81d ▲202.5% | -79d ▲18.6% | -97d |
| ROCE | 9.0% ▲12.5% | 8.0% ▲0.0% | 8.0% ▲14.3% | 7.0% ▲0.0% | 7.0% ▼22.2% | 9.0% | — |
Source: Screener.in · Lower days = better efficiency
About Acme Solar Holdings Limited
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]
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