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Acme Solar Holdings Overview

Acme Solar Holdings Limited is a prominent player in the renewable energy sector, focusing on the development, construction, and operation of solar power projects. Established with a vision to contribute to sustainable energy solutions, the company has built a strong reputation for delivering high-quality solar energy systems across India. Acme Solar leverages advanced technology and innovative approaches to harness solar energy efficiently, catering to the increasing demand for clean and renewable power. The company's portfolio includes utili...Read More

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Acme Solar Holdings Key Financials

Market Cap ₹15489 Cr.

Stock P/E 61.8

P/B 3.2

Current Price ₹255.6

Book Value ₹ 80.8

Face Value 2

52W High ₹324.3

Dividend Yield 0.08%

52W Low ₹ 172.9

Acme Solar Holdings Share Price

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Volume
Price

Acme Solar Holdings Quarterly Price

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Acme Solar Holdings Peer Comparison

Acme Solar Holdings Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 323 332 295 310 260 349 487 511 468 497
Other Income 34 33 23 30 36 52 52 73 134 120
Total Income 357 365 318 340 295 401 539 584 601 617
Total Expenditure 34 54 94 38 39 42 51 53 68 52
Operating Profit 323 310 224 302 256 359 488 531 534 564
Interest 200 202 177 196 178 179 206 233 265 288
Depreciation 86 85 61 56 60 70 102 108 117 120
Exceptional Income / Expenses 39 6 696 0 0 -7 -14 -16 4 0
Profit Before Tax 77 29 681 50 18 103 166 174 156 156
Provision for Tax 39 -16 149 49 3 -9 44 44 41 43
Profit After Tax 39 44 532 1 15 112 122 131 115 114
Adjustments 0 0 0 0 0 0 1 0 0 0
Profit After Adjustments 39 44 532 1 15 112 123 131 115 114
Adjusted Earnings Per Share 3.7 0.9 10.2 0 0.3 1.9 2 2.2 1.9 1.9

Acme Solar Holdings Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 292 1096 1672 1777 1692 1488 1295 1319 1405 1963
Other Income 0 29 90 130 82 218 75 66 147 170 379
Total Income 0 321 1186 1802 1859 1910 1563 1361 1466 1575 2341
Total Expenditure 6 86 212 220 129 139 247 122 230 170 224
Operating Profit -6 236 974 1583 1731 1771 1315 1239 1236 1406 2117
Interest 0 196 651 1018 1237 1151 996 809 767 759 992
Depreciation 0 116 368 571 704 622 546 485 308 287 447
Exceptional Income / Expenses 0 0 0 0 0 0 330 39 749 -21 -26
Profit Before Tax -7 -75 -44 -6 -211 -1 102 -15 909 338 652
Provision for Tax -1 -7 196 41 -296 -16 40 -12 212 87 172
Profit After Tax -5 -68 -240 -47 86 15 62 -3 698 251 482
Adjustments 0 0 0 0 0 0 0 0 0 1 1
Profit After Adjustments -5 -68 -240 -47 86 15 62 -3 698 252 483
Adjusted Earnings Per Share -0.6 -7.6 -23 -4.5 8.2 1.5 5.9 -0.3 66.8 4.2 8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 7% -2% -5% 0%
Operating Profit CAGR 14% 2% -4% 0%
PAT CAGR -64% 59% 24% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 27% NA% NA% NA%
ROE Average 7% 13% 8% -6%
ROCE Average 9% 11% 11% 8%

Acme Solar Holdings Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 164 59 1157 1110 1842 1858 1909 1901 2591 4511
Minority's Interest 0 0 0 0 0 0 100 30 0 -1
Borrowings 100 6275 8103 9142 9225 8226 6951 8099 7696 9857
Other Non-Current Liabilities -1 84 261 442 433 554 521 940 1488 2454
Total Current Liabilities 400 1823 3083 3510 1934 1708 1246 970 1432 1320
Total Liabilities 663 8242 12605 14205 15355 12345 10727 11939 13207 18140
Fixed Assets 524 4112 7991 10576 9650 8984 6177 6631 6757 12314
Other Non-Current Assets 119 3649 1976 637 1072 1078 2210 2606 3295 2045
Total Current Assets 20 480 2638 2992 2122 2283 2340 2702 3143 3772
Total Assets 663 8242 12605 14205 15355 12345 10727 11939 13207 18140

Acme Solar Holdings Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 16 282 545 370 340 504 478 547 309
Cash Flow from Operating Activities 36 387 727 940 922 1746 955 1263 1434 1543
Cash Flow from Investing Activities -242 -5663 -2650 -1181 -1426 493 -374 -1410 -1731 -3976
Cash Flow from Financing Activities 222 5516 2186 103 474 -2040 -556 215 216 3408
Net Cash Inflow / Outflow 16 240 263 -139 -31 200 25 69 -81 975
Closing Cash & Cash Equivalent 16 256 545 407 340 504 478 547 309 1284

Acme Solar Holdings Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.61 -7.56 -23.01 -4.49 8.2 1.46 5.94 -0.3 66.81 4.17
CEPS(Rs) -0.59 5.36 12.21 50.17 75.65 60.99 58.24 46.11 96.31 8.89
DPS(Rs) 0 0 0 0 0 0 0 0 0 0.2
Book NAV/Share(Rs) 18.19 6.58 110.8 106.32 176.38 177.85 182.76 181.97 248.07 74.15
Core EBITDA Margin(%) 0 70.69 80.65 86.86 92.77 91.79 83.37 90.56 82.56 87.93
EBIT Margin(%) 0 41.34 55.31 60.52 57.74 67.95 73.83 61.3 127.1 78.09
Pre Tax Margin(%) 0 -25.56 -4.03 -0.35 -11.85 -0.07 6.88 -1.19 68.94 24.06
PAT Margin (%) 0 -23.26 -21.93 -2.8 4.82 0.9 4.17 -0.25 52.89 17.85
Cash Profit Margin (%) 0 16.48 11.64 31.34 44.46 37.65 40.88 37.19 76.25 38.3
ROA(%) -0.83 -1.53 -2.31 -0.35 0.58 0.11 0.54 -0.03 5.55 1.6
ROE(%) -3.35 -61.04 -39.52 -4.13 5.8 0.82 3.29 -0.17 31.07 7.09
ROCE(%) -2.33 3 6.42 8.67 8.33 9.73 10.62 7.93 15.7 8.53
Receivable days 0 96.95 41.73 78.59 125.32 150.59 202.88 229.83 154.96 104.13
Inventory Days 0 0 0 0 0 0 0 0 0 1.02
Payable days 0 0 0 0 0 0 0 0 0 0
PER(x) 0 0 0 0 0 0 0 0 0 46.08
Price/Book(x) 0 0 0 0 0 0 0 0 0 2.59
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0.1
EV/Net Sales(x) 2284.05 25.82 7.11 5.75 5.63 5.04 4.64 5.73 5.31 13.61
EV/Core EBITDA(x) -16.73 32.05 8 6.08 5.78 4.81 5.25 5.99 5.67 13.61
Net Sales Growth(%) 0 0 274.94 52.53 6.3 -4.81 -12.05 -12.97 1.88 6.51
EBIT Growth(%) 0 2002.12 401.67 66.87 1.43 12.01 -4.43 -27.74 111.24 -34.56
PAT Growth(%) 0 -1140.9 -253.39 80.5 282.73 -82.24 307.61 -105.12 0 -64.05
EPS Growth(%) 0 -1141.13 -204.32 80.5 282.73 -82.24 307.77 -105.06 0 -93.76
Debt/Equity(x) 0.67 130.37 8.61 10.01 5.74 5.04 3.96 4.56 3.17 2.32
Current Ratio(x) 0.05 0.26 0.86 0.85 1.1 1.34 1.88 2.79 2.19 2.86
Quick Ratio(x) 0.05 0.26 0.86 0.85 1.1 1.34 1.88 2.79 2.19 2.86
Interest Cover(x) -38.98 0.62 0.93 0.99 0.83 1 1.1 0.98 2.19 1.45
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0.9

Acme Solar Holdings Shareholding Pattern

# Mar 2017 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 100 83.41 83.41 83.41 83.41 83.29
FII 0 5.54 4.74 5.76 5.57 4.04
DII 0 6.97 7.09 6.61 6.39 6.87
Public 0 4.08 4.75 4.22 4.62 5.8
Others 0 0 0 0 0 0
Total 100 100 100 100 100 100

Acme Solar Holdings News

Acme Solar Holdings Pros & Cons

Pros

  • Company has delivered good profit growth of 23% CAGR over last 5 years

Cons

  • Company has a low return on equity of 13% over the last 3 years.
  • Stock is trading at 3.2 times its book value.
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