ACME Solar Holdings Ltd
ACME Solar Holdings Ltd (ACMESOLAR) last reported results for the quarter ended Jun 2026, with sales of ₹858 crore and net profit of ₹235 crore. The stock last traded at ₹438, a market capitalisation of ₹30,958 crore, on a P/E of 52.0. Over the past 52 weeks the stock has ranged between ₹196 and ₹477. Figures are as of 6 Oct 2026 and are not real time.
ACME Solar Holdings Ltd share price and key metrics
- Current price
- ₹438
- Market cap
- ₹30,958 cr
- Stock P/E
- 52.0
- Book value
- ₹83.5
- ROE
- 10.4%
- ROCE
- 8.91%
- Dividend yield
- 0.05%
- 52w high / low
- 477/196
Metrics as of 6 Oct 2026. Not real time.
Track ACME Solar Holdings Ltd
Cruxal reads every ACME Solar Holdings Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
ACME Solar Holdings Ltd growth and returns
- 10 Years
- %
- 5 Years
- 4%
- 3 Years
- 16%
- TTM
- 48%
- 10 Years
- %
- 5 Years
- 52%
- 3 Years
- 150%
- TTM
- 45%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- 1 Year
- 48%
- 10 Years
- %
- 5 Years
- 4%
- 3 Years
- 8%
- Last Year
- 10%
ACME Solar Holdings Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹858 cr, up 67.9% from ₹511 cr a year earlier. Net profit was ₹235 cr, up 79.4% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 260 | 349 | 487 | 511 | 468 | 497 | 548 | 858 |
| Expenses | 39 | 42 | 51 | 53 | 68 | 52 | 69 | 123 |
| Operating profit | 221 | 307 | 436 | 458 | 400 | 444 | 479 | 734 |
| OPM % | 85% | 88% | 90% | 90% | 86% | 89% | 87% | 86% |
| Other income | 36 | 45 | 38 | 57 | 138 | 120 | 171 | 96 |
| Interest | 178 | 179 | 206 | 233 | 265 | 288 | 337 | 344 |
| Depreciation | 60 | 70 | 102 | 108 | 117 | 120 | 123 | 155 |
| Profit before tax | 18 | 103 | 166 | 174 | 156 | 156 | 190 | 331 |
| Tax % | 16% | -8% | 27% | 25% | 26% | 27% | 27% | 29% |
| Net profit | 15 | 112 | 122 | 131 | 115 | 114 | 138 | 235 |
| EPS (₹) | 0.29 | 1.85 | 2.04 | 2.16 | 1.90 | 1.88 | 2.30 | 3.33 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
ACME Solar Holdings Ltd annual results
| ₹ crore | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,777 | 1,692 | 1,488 | 1,295 | 1,319 | 1,405 | 2,023 | 2,370 |
| Operating profit | 1,649 | 1,553 | 1,240 | 1,173 | 1,094 | 1,237 | 1,785 | 2,058 |
| OPM % | 93% | 92% | 83% | 91% | 83% | 88% | 88% | 87% |
| Net profit | 86 | 15 | 62 | -3 | 698 | 251 | 498 | 602 |
| EPS (₹) | 8.20 | 1.46 | 5.94 | -0.30 | 66.81 | 4.17 | 8.23 | 9.41 |
TTM is the trailing twelve months to the most recent quarter.
ACME Solar Holdings Ltd balance sheet
| ₹ crore | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 104 | 104 | 104 | 104 | 104 | 121 | 121 |
| Reserves | 1,088 | 1,753 | 1,804 | 1,796 | 2,486 | 4,390 | 4,940 |
| Borrowings | 10,593 | 9,732 | 7,915 | 9,014 | 8,536 | 10,976 | 19,896 |
| Other liabilities | 3,675 | 900 | 973 | 1,113 | 2,080 | 2,654 | 3,188 |
| Total liabilities | 15,460 | 12,489 | 10,797 | 12,027 | 13,207 | 18,140 | 28,145 |
| Fixed assets | 9,650 | 8,984 | 6,177 | 6,631 | 6,758 | 12,315 | 15,732 |
| CWIP | 220 | 97 | 1,273 | 2,147 | 2,828 | 1,362 | 4,358 |
| Investments | 0 | 25 | 25 | 23 | 150 | 275 | 275 |
| Other assets | 5,590 | 3,383 | 3,322 | 3,226 | 3,471 | 4,188 | 7,781 |
| Total assets | 15,460 | 12,489 | 10,797 | 12,027 | 13,207 | 18,140 | 28,145 |
As reported by the company. Total assets equal total liabilities by construction.
ACME Solar Holdings Ltd cash flow
| ₹ crore | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | 922 | 1,746 | 955 | 1,263 | 1,434 | 1,543 | 1,249 |
| Cash from investing | -1,426 | 458 | -425 | -1,410 | -1,888 | -3,976 | -7,317 |
| Cash from financing | 474 | -2,040 | -556 | 215 | 216 | 3,408 | 7,015 |
| Net cash flow | -31 | 164 | -25 | 69 | -238 | 975 | 947 |
| Free cash flow | -1,327 | 1,560 | -496 | 495 | -1,368 | -1,719 | -4,071 |
| CFO / operating profit | 57% | 112% | 79% | 112% | 132% | 135% | 75% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
ACME Solar Holdings Ltd operating ratios
| Per year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| ROCE % | — | 9% | 7% | 7% | 8% | 8% | 9% |
| Debtor days | 138 | 156 | 203 | 197 | 116 | 99 | 60 |
| Cash conversion cycle | 138 | 156 | 203 | 197 | 116 | 99 | 60 |
| Working capital days | -97 | -79 | 81 | 111 | 72 | -118 | -432 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
ACME Solar Holdings Ltd shareholding pattern
Promoters held 71.40% at Jun 2026, down from 83.41% at Jun 2025. FIIs 4.39% and DIIs 19.10%.
| % held | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Promoters | 83.41% | 83.41% | 83.41% | 83.41% | 83.29% | 83.29% | 71.40% |
| FIIs | 5.54% | 4.74% | 5.76% | 5.57% | 4.03% | 3.60% | 4.39% |
| DIIs | 6.97% | 7.09% | 6.61% | 6.39% | 6.87% | 7.05% | 19.10% |
| Public | 4.07% | 4.75% | 4.22% | 4.63% | 5.69% | 5.96% | 4.92% |
| No. of shareholders | 1,99,394 | 2,15,043 | 1,97,223 | 1,77,167 | 1,84,159 | 1,64,635 | 1,43,209 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
ACME Solar Holdings Ltd corporate filings
- ACME Solar Holdings grants ESOPs, no immediate financial impactCompany Updatelow impact
Cruxal's analysis: ACME Solar Holdings Ltd announced the grant of Employee Stock Option Plans (ESOPs) on 10…
Read the full analysis - ACME Solar Holdings Limited's credit rating has been reaffirmed and increased for the enhanced debt amount, indicating strengthened creditworthinessCompany Updatehigh impact
Cruxal's analysis: ACME Solar Holdings Limited has received an upgrade in its credit rating from ICRA, with…
Read the full analysis - Certificate under Regulation 74(5) of SEBI (DP) Regulation 2018Company Updatelow impact
- ACME Solar Holdings Limited incorporates 18 wholly owned subsidiaries to expand renewable energy portfolioCompany Updatemedium impact
Cruxal's analysis: ACME Solar Holdings Limited has announced the incorporation of 18 wholly owned…
Read the full analysis - ACME Solar updates on commissioning of solar component of Hybrid Power ProjectCompany Updatelow impact
Cruxal's analysis: ACME Solar Holdings Ltd announced the commissioning of the solar component of its Hybrid…
Read the full analysis - ACME Solar Appoints Nikhil Dhingra as Joint Managing Director for 5 Years, Highlighting Strategic Leadership and Growth FocusCompany Updatehigh impact
Cruxal's analysis: ACME Solar Holdings Limited has announced the appointment of Nikhil Dhingra as (Joint)…
Read the full analysis - ACME Solar Holdings Limited's credit rating outlook upgraded to 'Positive' with reaffirmed long-term rating of 'Crisil AA-' on Rs 2,500 crore bank facilitiesCompany Updatehigh impact
Cruxal's analysis: ACME Solar Holdings Limited has received a positive outlook revision from Crisil Ratings…
Read the full analysis - ACME Solar operationalizes an additional 107.36 MW / 437.49 MWh BESS capacity in RajasthanCompany Updatelow impact
Cruxal's analysis: ACME Solar has activated a new cumulative BESS capacity of 107.36 MW / 437.49 MWh in…
Read the full analysis - ACME Solar commissions Battery Energy Storage Systems (BESS) project on 2026-10-01Company Updatelow impact
Cruxal's analysis: ACME Solar Holdings Ltd announced the commissioning of its BESS project on October 1…
Read the full analysis - ACME Solar updates on commissioning of Battery Energy Storage System (BESS) ProjectCompany Updatelow impact
Cruxal's analysis: ACME Solar Holdings Ltd announced an operational update regarding the commissioning of…
Read the full analysis - ACME Solar Holdings Ltd alters Object Clause of Memorandum & Articles of AssociationCompany Updatelow impact
Cruxal's analysis: On September 30, 2026, ACME Solar Holdings Ltd announced an amendment to its Memorandum &…
Read the full analysis - ACME Solar appoints M/s. BSR & Co. LLP as joint statutory auditors for 5 years and amends its Object Clause to include power, energy, and data centre businessesCompany Updatehigh impact
Cruxal's analysis: ACME Solar Holdings Limited has announced the appointment of M/s. BSR & Co. LLP as its…
Read the full analysis - ACME Solar Holdings Limited's AGM results confirm passing of all resolutions with high approval margins, including key financial and strategic decisionsAGM/EGMhigh impact
Cruxal's analysis: ACME Solar Holdings Limited held its 11th AGM on September 29, 2026, via video…
Read the full analysis - ACME Solar Holdings Limited conducts 11th AGM; no new financial disclosures or strategic updates announcedAGM/EGMlow impact
Cruxal's analysis: ACME Solar Holdings Limited held its 11th Annual General Meeting on September 29, 2026…
Read the full analysis - Intimation of Closure of Trading WindowInsider Trading / SASTlow impact
- ACME Solar Holdings Limited incorporates new wholly owned subsidiary for renewable energy projectsCompany Updatelow impact
Cruxal's analysis: ACME Solar Holdings Limited has incorporated a new wholly owned subsidiary, ACME…
Read the full analysis - ACME Solar Holdings Announces Internal Amalgamation of Three Wholly Owned Subsidiaries to Streamline OperationsCompany Updatemedium impact
Cruxal's analysis: ACME Solar Holdings Limited has received board approval for the amalgamation of three of…
Read the full analysis - ACME Solar Holdings Ltd announces commissioning of Battery Energy Storage System (BESS) projectCompany Updatemedium impact
Cruxal's analysis: ACME Solar Holdings has officially commissioned its Battery Energy Storage System (BESS)…
Read the full analysis - ACME Solar commissions 66.68 MW solar and 300 MWh BESS capacity in RajasthanCompany Updatemedium impact
Cruxal's analysis: ACME Solar Holdings Ltd has successfully commissioned 66.68 MW of solar power capacity…
Read the full analysis - ACME Solar Holdings incorporates four new wholly owned subsidiaries for renewable energy projectsCompany Updatelow impact
Cruxal's analysis: ACME Solar Holdings Limited has announced the incorporation of four new wholly owned…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.