ACME Solar Holdings Ltd.

NSE: ACMESOLAR · Power

₹394.95-3.17%06 Nov 2026

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Instant answers about ACME Solar Holdings Ltd. — computed from its filings, no language model

Market cap₹27,883 cr

Current price₹394.95

High / Low₹459 / ₹199

P/E36.8

P/B3.33

Book value₹118.4

ROE9.0%

ROCE6.7%

Debt / equity3.17

Dividend yield0.09%

EPS (TTM)₹10.72

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY25	FY26
Revenue	1,405	2,023
EBITDA	1,235	1,781
Operating margin	87.9%	88.0%
Interest	759	1,123
Depreciation	287	468
Profit before tax	338	677
Tax	87	179
Net profit	252	499
EPS ₹	4.55	8.24
Operating cash flow	1,543	1,249
Capex	3,266	5,321
Dividend paid	0	24
Total assets	18,404	28,540
Equity	4,511	5,061

Quarterly performance

last 9 quarters · ₹ crore

showing latest 8 of 9 periods

	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	260	349	487	511	468	497	548	858	887
Operating profit	221	307	436	458	400	444	479	734	753
Operating margin	85.0%	88.0%	89.5%	89.6%	85.6%	89.5%	87.4%	85.6%	84.9%
Other income	36	52	52	73	134	120	157	96	120
Interest	178	179	206	233	265	288	337	344	345
Depreciation	60	70	102	108	117	120	123	155	172
Profit before tax	18	103	166	174	156	156	190	331	356
Tax	3	-9	44	44	41	43	52	96	87
Net profit	15	112	123	131	115	114	139	235	268
EPS ₹	0.29	2.09	2.15	2.16	1.90	1.88	2.30	3.71	4.00
Revenue YoY	—	—	—	—	80.2%	42.3%	12.5%	67.8%	89.6%
Profit YoY	—	—	—	—	652.1%	1.5%	12.9%	79.9%	133.2%

Returns & margins

trailing-twelve-month, per quarter

	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	8.5%	10.1%	10.1%	9.9%	11.9%	9.0%
ROCE	8.4%	8.7%	9.6%	7.5%	8.6%	6.7%
Net margin	23.8%	26.5%	24.6%	24.7%	25.5%	27.1%
EBITDA margin	88.5%	88.2%	88.6%	88.0%	86.8%	86.4%
Debt / equity	2.31	2.57	2.57	3.75	3.75	3.17
Interest coverage	1.58	1.68	1.66	1.60	1.68	1.79
Asset turnover	0.09	0.09	0.10	0.07	0.08	0.07

Balance sheet

equity vs borrowings over time · ₹ crore

	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	104	121	121	121	141
Other equity / reserves	1,853	4,390	4,663	4,940	8,221
Total equity	1,958	4,511	4,784	5,061	8,362
Borrowings	10,354	10,423	12,314	18,988	26,525
Current liabilities	1,360	1,320	2,997	3,220	3,708
Non-current liabilities	12,199	12,575	12,645	20,260	28,559
Total assets	15,517	18,404	20,424	28,540	40,628
Property, plant & equipment	6,239	11,662	12,934	14,664	18,152
Capital work-in-progress	5,730	1,362	1,366	4,358	7,067
Investments	276	275	275	275	275
Inventories	0	4	29	17	33
Receivables	320	381	294	333	440
Cash & equivalents	533	1,284	403	2,231	4,384

Cash flow

annual · ₹ crore · line = free cash flow

	FY25	FY26
Cash from operations	1,543	1,249
Cash from investing	-3,976	-7,317
Cash from financing	3,408	7,015
Capex	3,266	5,321
Free cash flow	-1,723	-4,073
Dividends paid	0	24

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹18,152 cr45%

CWIP

₹7,067 cr17%

Investments

₹275 cr1%

Inventories

₹33 cr0%

Receivables

₹440 cr1%

Cash & equivalents

₹4,384 cr11%

Other assets

₹10,276 cr25%

Peer comparison

largest in Power · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Power Ltd.	3,93,967	204.29	21.6	5.13	23.7%
NTPC Ltd.	3,13,639	323.45	10.6	1.47	13.9%
Power Grid Corporation of India Ltd.	2,41,723	259.90	14.9	2.26	15.2%
Adani Green Energy Ltd.	2,34,549	1,424.10	125.2	10.86	8.7%
Adani Energy Solutions Ltd.	1,78,233	1,457.40	48.1	5.69	11.8%
Tata Power Co. Ltd.	1,12,645	352.50	29.2	2.85	9.8%
JSW Energy Ltd.	96,224	524.95	41.5	2.62	6.3%
NHPC Ltd.	82,450	82.08	19.1	1.88	9.9%
NTPC Green Energy Ltd.	69,627	82.63	106.0	3.59	3.4%
Torrent Power Ltd.	64,051	1,271.10	26.5	3.05	11.5%
ACME Solar Holdings Ltd.	27,883	394.95	36.8	3.33	9.0%

StoxGud checklist: Neutral setup · 6/10

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

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-9.4%

6 months+32.3%

1 year+38.3%

3Y CAGR—

5Y CAGR—

10Y CAGR—

50-day avg₹416.10

200-day avg₹329.88

RSI (14)46

Compare ACME Solar Holdings Ltd. with

NLC India vs ACME Solar Holdings ACME Solar Holdings vs SJVN ACME Solar Holdings vs CESC ACME Solar Holdings vs Nava

FAQs

What is the share price of ACME Solar Holdings Ltd.?

ACME Solar Holdings Ltd. (ACMESOLAR) closed at ₹394.95 on NSE on 06 Nov 2026.

What is the market cap of ACME Solar Holdings Ltd.?

₹27,883 crore at the latest close.

What is the P/E ratio of ACME Solar Holdings Ltd.?

36.8, on trailing-twelve-month earnings from its filings.

How fast is ACME Solar Holdings Ltd. growing?

ACME Solar Holdings Ltd.: Latest-quarter revenue is up 89.6% year on year, profit up 133.2%.

How profitable is ACME Solar Holdings Ltd.?

On a trailing-twelve-month basis return on equity is 9.0%, return on capital employed 6.7%, operating margin 86.4%, net margin 27.1%.

How much debt does ACME Solar Holdings Ltd. have?

ACME Solar Holdings Ltd. is highly geared: debt to equity is 3.17 with borrowings of ₹26,525 cr against cash of ₹4,384 cr (balance sheet of 2026-09-30). Operating profit covers interest 1.8 times.

Financials parsed from ACME Solar Holdings Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '24, annual from FY25, balance sheet from Sep '24. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.