StoxAdani Green Energy vs ACME Solar Holdings: share price & financials comparison
NSE: ADANIGREEN vs ACMESOLAR · Power · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Adani Green Energy vs ACME Solar Holdings at a glance
Adani Green Energy (ADANIGREEN) has a market capitalisation of ₹2,31,074 Cr, against ₹29,252 Cr for ACME Solar Holdings (ACMESOLAR). Over the past year ACME Solar Holdings has returned +51.3%, compared with +29.1% for Adani Green Energy. On valuation, ACME Solar Holdings trades at a lower P/E of 38.7 versus 123.3. ACME Solar Holdings earns a higher return on equity (9.0% vs 8.7%). Adani Green Energy comes out ahead on size. ACME Solar Holdings comes out ahead on valuation, profitability, growth, financial health, momentum and technicals. Across the scored metrics below, Adani Green Energy leads on 4 and ACME Solar Holdings on 10. On StoxGud's 10-point checklist, Adani Green Energy scores 6/10 and ACME Solar Holdings scores 6/10.
| Metric | Adani Green Energy | ACME Solar Holdings |
|---|---|---|
| Size | ||
| Market cap | ₹2,31,074 Cr | ₹29,252 Cr |
| Revenue (latest FY) | ₹12,928 Cr | ₹2,023 Cr |
| Net profit (latest FY) | ₹1,652 Cr | ₹499 Cr |
| Valuation | ||
| P/E | 123.3 | 38.7 |
| P/B | 10.70 | 3.50 |
| Dividend yield | 0.14% | 0.08% |
| Profitability | ||
| Return on equity | 8.7% | 9.0% |
| Net profit margin | 12.7% | 27.1% |
| Operating margin | 87.1% | 86.4% |
| Growth | ||
| Revenue growth (YoY) | +41.6% | +89.6% |
| Net profit growth (YoY) | +15.4% | +133.2% |
| Revenue CAGR (multi-year) | +31.1% | — |
| Financial health | ||
| Debt to equity | 5.20 | 3.17 |
| Momentum | ||
| 1-month return | +9.0% | +0.1% |
| 1-year return | +29.1% | +51.3% |
| 3-year CAGR | +14.3% | — |
| 5-year CAGR | +1.5% | — |
| Distance from 52W high | -12.6% | -9.7% |
| Technicals | ||
| RSI (14) | 77 | 64 |
| Price vs 200-day avg | +12.9% | +24.1% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Adani Green Energy | ACME Solar Holdings |
|---|---|---|
| Price above 50-day average | ✓ | ✗ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✗ | ✓ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✗ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✗ | ✗ |
| Score | 6/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Adani Green Energy or ACME Solar Holdings?
Adani Green Energy has a market cap of ₹2,31,074 Cr and ACME Solar Holdings has a market cap of ₹29,252 Cr as of 13 Nov 2026.
Which has a lower P/E, Adani Green Energy or ACME Solar Holdings?
ACME Solar Holdings has the lower P/E: Adani Green Energy trades at 123.3 and ACME Solar Holdings at 38.7.
Which gave better returns in the last year, Adani Green Energy or ACME Solar Holdings?
ACME Solar Holdings did better: Adani Green Energy returned +29.1% and ACME Solar Holdings returned +51.3% over one year.
What is the difference between Adani Green Energy and ACME Solar Holdings?
Both are NSE-listed companies in Power. Adani Green Energy is about 7.9 times the size of ACME Solar Holdings by market cap. In the latest financial year Adani Green Energy reported revenue of ₹12,928 Cr and ACME Solar Holdings ₹2,023 Cr. Operating margin is 87.1% for Adani Green Energy and 86.4% for ACME Solar Holdings. Debt to equity is 5.20 for Adani Green Energy and 3.17 for ACME Solar Holdings.
Which is better, Adani Green Energy or ACME Solar Holdings?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Adani Green Energy leads on 4 and ACME Solar Holdings on 10. Adani Green Energy is ahead on size. ACME Solar Holdings is ahead on valuation, profitability, growth, financial health, momentum and technicals. On StoxGud's rules-based checklist Adani Green Energy scores 6/10 and ACME Solar Holdings scores 6/10. This is information, not advice: consult a SEBI-registered adviser before investing.