Acme Solar Holdings Ltd.

ACMESOLAR

₹250.85

-1.14% (-2.9)

Market Cap

₹15,188 Cr.

P/E

60.24

About

ACME Solar Holdings is a leading renewable energy company in India, specializing in solar, wind, hybrid, and firm and dispatchable renewable energy projects. They handle the entire project lifecycle f… Read more

ACME Solar Holdings is a leading renewable energy company in India, specializing in solar, win… Read more

Low

168

52W Range

High

292

Timeline

Key company specific updates

Company Timeline

Custom financial statementNew

Edit rows

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

In Rs. Cr.	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Balance sheet
Net Block	524	4,112	7,991	10,576	9,650	8,984	6,177	6,631	6,757	11,663
Shareholders Funds	164	59.20	1,157	1,110	1,842	1,858	1,909	1,901	2,591	4,511
Profit & Loss
Operating Profit	-5.61	207	884	1,452	1,649	1,553	1,240	1,173	1,089	1,164
Net Sales	0.04	292	1,096	1,672	1,777	1,692	1,488	1,295	1,319	1,391
Cash flow
Cash from Operating Activity	35.91	387	727	940	922	1,746	955	1,263	1,434	1,543
Net Capex (est)	207	3,707	1,777	2,016	2,249	186	1,451	769	2,803	-3.93
Ratios
ROCE (%)	-2.21	1.86	6.37	9.46	7.65	10.81	8.11	6.88	7.88	—
ROE (%)	-3.35	-115	-20.77	-4.22	4.65	0.82	3.25	-0.17	26.93	—

Forensics

7 Yes

Positive for this company

2 Neutral

Neutral for this company

6 No

Negative for this company

2 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Unable to calculate due to limited data

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
Working Capital

Working capital of the company seems to be under control
ROE

Financial leverage has increased roe over 10 years
Share price

Share price has decreased over last 10 years more due to earnings
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Debt

Company might have issues servicing its debt
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong
Balance Sheet Strength

Balance sheet is weak and might have solvency issues
Sales Growth

Unable to calculate due to limited data

Revenue mix

Product Wise Break-Up

Customer Wise Break-Up

Peer Comparison

Peer Name	Latest Price	PE	Market cap(Cr)	Prom Holding(%)	YoY Qtly Sales(%)	ROCE (%)	ROE (%)
Acme Solar Holdings	250.85	80.46	15,188	83.41	64.96	7.88	26.93
Adani Green Energy	1,018.8	114.46	1,65,278	60.94	19.59	8.39	13.48
Adani Power	555.25	16.55	2,14,137	74.96	6.54	20.42	22.96
Guj. Inds. Power	197.92	14.52	3,070	56.57	-9.24	5.93	6.01
Neyveli Lignite	235.52	17.19	32,669	72.2	8.34	6.04	11.18
Tata Power	399.55	40.75	1,27,670	46.86	7.88	9.08	11.42
India Power Corpn.	13.02	300.09	1,268	59.47	-15.74	2.75	1.69
Nava	522.95	34.95	14,798	50.13	10.21	17.11	13.66

Corporate Actions

Consolidated Dividend

DATE

DETAILS

2025, May 02

Dividend Dividend of Rs.0.2 per share

FAQs on Acme Solar Holdings Ltd. Business

What does Acme Solar Holdings do?

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. It develops, builds, owns, operates and maintains utility scale renewable energy projects (through its in-house engineering, procurement and construction (EPC) division and operation and maintenance team), and generates revenue through the sale of electricity to various off-takers including central and state government-backed entities.

Who are the competitors of Acme Solar Holdings?

Acme Solar Holdings major competitors are Adani Green Energy, Adani Power, Guj. Inds. Power, Neyveli Lignite, Tata Power, India Power Corpn., Nava.
Market Cap of Acme Solar Holdings is ₹15,188 Crs.
While the median market cap of its peers are ₹32,669 Crs.

Is Acme Solar Holdings financially stable compared to its competitors?

Acme Solar Holdings seems to be less financially stable compared to its competitors.
Altman Z score of Acme Solar Holdings is 1.54 and is ranked 6 out of its 8 competitors.

View FAQ's On Shareprice

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Earnings Release	May	Sep Dec
Investor Presentation	May	Sep Dec
Conference Call	Mar	Sep Dec
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Acme Solar Holdings Ltd.