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NIFTY 5024,980.40+0.35%
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GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
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ACME SOLAR HOLDINGS LTD

ACME SOLAR HOLDINGS LTD

NSE: ACMESOLAR
Utilities - RenewableUtilitiesLARGE CAPMCap ₹28.96k Cr
₹410.00₹2.40 (+0.59%)

Market Closed • NSE

Market cap₹28.96k Cr
Enterprise value₹39.59k Cr
P/E TTM42.31
Forward P/E16.97
P/B4.91
EPS TTM₹9.69
Forward EPS₹24.16
ROCE8.91%
D/E3.93
Dividend yield0.00%
Face value₹2.00
52W high₹476.90
52W low₹195.90
Price chart(1Y)
1Y Return:+22.11% (+₹74.25)
H: ₹476.9L: ₹327
1W-2.09%
1M-0.32%
3M+9.89%
6M+32.60%
1Y+48.07%
Today at a glance

Day range

₹398.00₹411.95

52 week range

₹195.90₹476.90
Volume539.0K0.26x 20D avg
Free float28.60%-74.40% volume

ACME SOLAR HOLDINGS LTD closed at INR410.00 (+0.59%) on volume 0.26x its 20-day average, trading 14.03% below its 52-week high.

Technical analysis
RSI (14)44.1Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹17.14High
SMA 20₹433.09BEARISH
SMA 50₹409.78BULLISH
SMA 100₹385.34BULLISH
SMA 200₹319.91BULLISH
CPR bottom₹413.50
Pivot₹411.53
CPR top₹409.57
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +70.3% QoQ

2026-02-06

DIVIDEND Announced

Interim Dividend - Re 0.20 Per Share

2025-05-02

DIVIDEND Announced

Interim Dividend - Re 0.20 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹19.90k Cr₹28.96k Cr68.71%≤ 33%FAIL
Non-halal income ratio–₹2.02k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹26.31k Cr₹28.54k Cr92.18%≥ 20%PASS
Receivables ratio–₹28.54k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E42.3121.10
Forward P/E16.97—
P/B4.911.70
EV/EBITDA—18.00
PEG—1.50
Earnings yield2.404.70
Growth & profitability
RevenuePAT
FY26PAT margin 24.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y0.00%
Revenue CAGR 5Y0.00%
PAT CAGR 3Y+0.10%
PAT CAGR 5Y0.00%
Operating margin67.58%
Net margin21.15%
Financial health & cash flow
Net debt₹17.67k CrModerate
Interest coverage1.20xEBIT / interest
CFO / PAT2.50x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.25k Cr
Capital expenditure–
Free cash flow₹-407261.3 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall45/100
Valuation50/100
Profitability65/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.5x over last 3 years

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 3.93x

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Bull case

Market Leadership: Established operational scale in Utilities - Renewable.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · June 2026

Ownership distribution

Jun 2026Latest holding

Category trends

Hover over a period for exact holdings

90%60%30%0%Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
23.49%Institutional holding
4.92%Public holding
7Periods available
0.00%Promoter pledged
1.43LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
06 Feb 2026Dividend₹0.20 / share—06 Feb 2026
02 May 2025Dividend₹0.20 / share—02 May 2025
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)45.82%+0.84% latest vs average
Highest delivery65.08%on 25 Sept
Average volume (20D)2.10MTrading-session average
Conviction trendStrengthening+0.84% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Adani Power Limited
Adani Power LimitedADANIPOWER
Open analysis
₹3.78L26.500.00%₹18,902.00₹4,867.00+33.97%+47.26%
NTPC Limited
NTPC LimitedNTPC
Open analysis
₹3.06L11.013.93%₹50,741.00₹6,896.00+7.81%+12.90%
Power Grid Corporation of India Limited
Power Grid Corporation of India LimitedPOWERGRID
Open analysis
₹2.33L14.653.60%₹9,795.00₹3,411.00-1.34%-6.62%
Adani Green Energy Limited
Adani Green Energy LimitedADANIGREEN
Open analysis
₹2.14L124.710.00%₹4,431.00₹983.00+16.61%+19.30%
Adani Energy Solutions Limited
Adani Energy Solutions LimitedADANIENSOL
Open analysis
₹1.67L56.210.00%₹9,711.00₹1,237.00+42.41%+129.50%
The Tata Power Company Limited
The Tata Power Company LimitedTATAPOWER
Open analysis
₹1.13L29.320.71%₹19,051.00₹1,401.00+5.63%+11.01%
GAIL (India) Limited
GAIL (India) LimitedGAIL
Open analysis
₹1.11L11.183.25%₹41,198.00₹4,671.00+16.67%+96.10%
Siemens Energy India Limited
Siemens Energy India LimitedENRIN
Open analysis
₹1.03L69.130.14%₹2,485.60₹440.90+39.28%+67.83%
About ACME SOLAR HOLDINGS LTD
ACME SOLAR HOLDINGS LTD

Incorporated in 2015, 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.[1]

IndiaUtilities

Questions investors ask
Is ACME SOLAR HOLDINGS LTD Shariah compliant?

ACME SOLAR HOLDINGS LTD is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (68.71%) exceeds AAOIFI threshold (≤ 33%).

What is ACME SOLAR HOLDINGS LTD's current valuation relative to peers?

ACME SOLAR HOLDINGS LTD trades at a P/E of 42.3x compared to the sector median of 21.1x, and a Price-to-Book of 4.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 3.93x. Interest coverage is 1.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 0% while net profit growth averaged 0%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.