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Acme Solar Holdings Ltd.

406.70−8.65 (−2.08%)

BSE · 30 Oct, 4:01 PM

: ₹28,621.34 Cr
: 37.82
: 70,821
: ₹421.00 - ₹401.20
: ₹476.40 - ₹195.65

Acme Solar Holdings Ltd. (ACMESOLAR) share price closed at ₹406.70 on the BSE on Friday, October 30, 2026, down by 2.08% from its of ₹415.35. In that session ACMESOLAR reached a of 421.00 and of 401.20. The for the session was 408.90. The stands at 414.73 and is at 325.21. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹418.90

₹415.35

₹408.90

₹414.73

Price 1.94% below

₹325.21

Price 25.06% above

Key Fundamentals

: 28,621.34 Cr₹28.62 Thousand Crore
: 10.71
: 37.82
: 3.42
: 118.30
: 2,904.45 Cr₹2.90 Thousand Crore
: 0.05 %
Sector
Industry: Power Generation/Distribution
: 10.53
: 3.82

Industry Comparison

Ratio	Company	Sector
	37.82	19.46
	3.82	1.30
	3.42	2.60
	2.17	1.34
	0.05 %	0.00 %
Operating Margin	88.04 %	34.23 %

Sector figures are the median of 31 listed Power companies.

Peer Comparison

Name
ADANI POWER ADANIPOWER	189.40	20.04	3,65,252.12	0.00	7,019.32	141.51%	19,438.68	44.45%	17.79
NTPC LTD NTPC	316.00	11.04	3,06,414.65	2.85	6,896.44	12.90%	50,740.96	7.81%	8.52
POWER GRID POWERGRID	264.50	15.48	2,46,000.97	3.40	3,598.42	-0.89%	11,496.72	2.68%	9.74
ADANIGREEN ADANIGREEN	1,295.35	113.86	2,13,366.96	0.00	747.00	15.99%	4,258.00	41.56%	9.90
ADANIENSOL ADANIENSOL	1,345.55	44.38	1,64,554.64	0.00	1,363.92	144.82%	10,075.54	52.76%	9.71
TATA POWER TATAPOWER	345.10	28.54	1,10,271.17	0.72	1,400.86	10.98%	19,051.26	5.63%	11.63
JSW ENERGY JSWENERGY	500.00	39.53	91,674.14	0.40	1,141.04	38.43%	6,368.47	23.00%	8.50
Acme Solar Holdings Ltd. ACMESOLAR	406.70	37.82	28,621.34	0.05	268.66	133.49%	887.01	89.63%	9.23

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	309.64	259.59	349.01	486.89	510.98	467.75	496.79	547.85	857.50	887.01
Expenses	37.92	38.83	41.81	51.14	53.17	67.54	52.32	69.02	123.24	133.55
	271.72	220.76	307.20	435.75	457.81	400.21	444.48	478.84	734.26	753.46
	87.75%	85.04%	88.02%	89.50%	89.59%	85.56%	89.47%	87.40%	85.63%	84.94%
	30.37	35.55	44.91	38.29	57.09	129.37	120.02	171.40	96.27	120.07
Interest	196.28	178.30	179.08	205.55	232.96	264.52	288.03	337.48	344.27	345.21
	55.56	59.87	69.66	102.22	107.55	117.38	120.18	122.79	154.80	172.31
	50.25	18.15	103.37	166.27	174.39	156.18	156.29	189.96	331.46	356.01
	97.24%	15.69%	-8.40%	26.58%	24.98%	26.32%	27.24%	27.19%	29.00%	24.54%
	1.39	15.30	112.06	123.36	130.83	115.07	113.71	139.32	235.33	268.40
	0.03	0.29	1.85	2.04	2.16	1.90	1.88	2.30	3.34	3.80

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
Operating Income	1,487.90	1,294.90	1,319.25	1,405.13	2,023.38
Operating Income (Net)	1,487.90	1,294.90	1,319.25	1,405.13	2,023.38
EXPENDITURE :
Power Generation & Distribution Cost	93.85			0.02	0.01
Employee Cost	38.24	34.64	59.00	64.95	61.97
Operating Expenses	62.42	56.76	61.94	51.05	51.71
General and Administration Expenses	48.89	28.43	43.28	44.02	80.52
Miscellaneous Expenses	4.06	2.39	65.86	9.63	47.70
	247.46	122.23	230.07	169.67	241.90
Operating Profit (Excl OI)	1,240.44	1,172.68	1,089.18	1,235.46	1,781.48
	74.82	66.47	147.02	170.11	483.70
	1,315.27	1,239.15	1,236.19	1,405.57	2,265.18
Interest	996.13	809.18	767.32	759.24	1,123.13
PBDT	319.14	429.97	468.87	646.33	1,142.05
	546.28	484.80	308.14	287.31	467.90
Profit Before Taxation & Exceptional Items	-227.14	-54.84	160.73	359.02	674.15
Exceptional Income / Expenses	329.56	39.44	748.69	-20.98	2.68
	102.43	-15.40	909.43	338.04	676.82
Provision for Tax	40.42	-12.23	211.64	87.22	178.94
	62.01	-3.17	697.78	250.82	497.89
Extra items				0.00	0.00
Minority Interest	0.02	0.03	0.02	1.29	1.03
Consolidated Net Profit	62.03	-3.14	697.80	252.11	498.91
Profit Balance B/F	-385.98	-343.17	-356.23	283.17	548.69
Appropriations	-323.94	-346.31	341.57	535.28	1,047.60
Equity Dividend %				10.00%	10.00%
	5.94	-0.30	66.81	4.17	8.24
Adjusted EPS	5.94	-0.30	66.81	4.17	8.24

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	104.44	104.44	104.44	121.02	121.08
Share Warrants & Outstandings				24.09	89.76
Total Reserves	1,154.32	1,146.12	1,836.43	4,365.48	4,850.64
Reserve excluding Revaluation Reserve	1,154.32	1,146.12	1,836.43	4,365.48	4,850.64
Revaluation reserve	0.00	0.00
	1,258.76	1,250.56	1,940.87	4,510.58	5,061.48
Minority Interest	100.39	29.90	0.00	-1.29	-1.31
Secured Loans	7,520.54	8,679.27	8,346.43	9,857.17	16,739.88
Unsecured Loans	80.35	70.00
Deferred Tax Assets / Liabilities	-69.63	-87.54	19.14	33.38	43.91
Other Long Term Liabilities	588.00	1,022.33	1,461.93	2,410.86	3,066.76
Long Term Provisions	2.44	5.29	6.51	10.06	14.46
Total Non-Current Liabilities	8,121.71	9,689.34	9,834.00	12,311.47	19,865.01
Trade Payables	273.01	62.11	73.76	224.73	15.27
Other Current Liabilities	700.66	778.31	1,285.72	918.50	2,505.14
Short Term Borrowings	271.83	128.69	46.13	175.00	650.33
Short Term Provisions	0.61	0.49	26.48	1.30	49.43
Total Current Liabilities	1,246.10	969.60	1,432.08	1,319.53	3,220.16
Total Liabilities	10,726.96	11,939.40	13,206.95	18,140.29	28,145.34
Gross Block	8,461.38	9,405.36	9,034.06	14,884.74	18,783.59
Less: Accumulated Depreciation	2,284.27	2,774.42	2,277.54	2,571.00	3,051.95
	6,177.11	6,630.94	6,756.52	12,313.74	15,731.63
	1,272.80	2,147.34	2,828.43	1,362.34	4,357.66
Non Current Investments	24.53	22.67		275.00	275.00
Long Term Investment	24.53	22.67		275.00	275.00
Long Term Loans & Advances	774.34	263.25	409.31	286.63	499.76
Other Non Current Assets	138.27	173.07	55.99	119.43	295.55
Total Non-Current Assets	8,387.05	9,237.26	10,051.64	14,358.54	21,159.60
Currents Investments			149.87
Inventories				3.93	17.37
Sundry Debtors	931.44	699.30	420.89	380.82	332.95
Cash and Bank	763.09	1,338.46	1,314.88	2,916.03	6,158.09
Other Current Assets	276.00	289.56	262.36	297.56	429.29
Short Term Loans and Advances	369.38	374.82	994.72	173.77	38.46
Total Current Assets	2,339.91	2,702.13	3,142.71	3,772.11	6,976.16
Net Current Assets (Including Current Investments)	1,093.81	1,732.53	1,710.63	2,452.58	3,756.00
Total Assets	10,726.96	11,939.40	13,206.95	18,140.29	28,145.34
	412.52	417.09	414.91	531.63	202.63
Total Debt	8,213.60	9,307.35	8,867.59	10,422.70	18,988.05
	120.52	119.74	185.83	74.15	82.12
Adjusted Book Value	120.52	119.74	185.83	74.15	82.12

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	102.43	-15.40	909.43	338.04	676.82
Adjustment	1,144.40	1,189.69	194.67	928.08	1,238.20
Changes In working Capital	-266.29	143.93	341.24	409.32	-584.26
Cash Flow after changes in Working Capital	980.54	1,318.23	1,445.33	1,675.44	1,330.76
Cash Flow from Operating Activities	954.96	1,263.48	1,434.17	1,543.02	1,248.59
Cash Flow from Investing Activities	-374.06	-1,409.92	-1,730.68	-3,976.13	-7,317.38
Cash Flow from Financing Activitie	-555.81	215.43	215.78	3,408.23	7,015.46
Net Cash Inflow / Outflow	25.10	68.99	-80.73	975.11	946.67
Opening Cash & Cash Equivalents	503.83	478.46	547.45	309.16	1,284.27
Cash & Cash Equivalent of Subsidiaries under liquidations	-50.46		-157.56
Closing Cash & Cash Equivalent	478.46	547.45	309.16	1,284.27	2,230.94

Ratios

Valuation

37.82

3.42

15.34

10.26

10.71

118.30

Profitability

10.53

9.23

2.15

88.04

24.61

Leverage & Liquidity

3.82

2.17

1.60

Returns

0.05

0.09

Shareholding Pattern

Numbers in percentages

Particulars	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	83.41	83.41	83.41	83.41	83.29	83.29	71.40	71.40
	12.51	11.83	12.37	11.96	10.91	10.66	23.49	23.90
	4.08	4.75	4.22	4.62	5.80	6.06	5.11	4.70
	16.59	16.59	16.59	16.59	16.71	16.71	28.60	28.60
No. of Shareholders	1,99,394	2,15,043	1,97,223	1,77,167	1,84,159	1,64,635	1,43,209	1,42,608

Mutual Funds Invested(86)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 42 active funds hold 14.75% in Acme Solar Holdings Ltd., contributing to ₹4.58K Cr of holdings

Fund				As of
NI Nippon India Small Cap Fund - Growth - Direct PlanSmall cap Fund	1,075.00	1.33	2,44,87,415	Sep '26
HD HDFC Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	691.81	0.64	1,57,58,799	Sep '26
SB SBI Dividend Yield Fund - Growth - Direct PlanEquity - Dividend Yield Fund	328.27	4.07	74,77,638	Sep '26
HS HSBC Midcap Fund - Growth - Direct PlanMid Cap Fund	223.86	1.33	50,99,318	Sep '26
SB SBI Large & Midcap Fund - Growth - Direct PlanLarge & Mid Cap	206.33	0.51	47,00,000	Sep '26
NI Nippon India Power & Infra Fund - Growth Option - Direct PlanEnergy & Power	171.38	2.18	39,03,770	Sep '26
IP ICICI Prudential Energy Opportunities Fund - Growth - Direct PlanEnergy & Power	169.86	2.12	38,69,183	Sep '26
KO Kotak Small Cap Fund - Growth - Direct PlanSmall cap Fund	169.08	0.88	38,51,475	Sep '26
HD HDFC Multi Cap Fund - Growth - Direct PlanMulti Cap Fund	153.65	0.79	35,00,000	Sep '26
HD HDFC Value Fund - Growth - Direct PlanEquity - Value Fund	131.70	1.64	30,00,000	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-21	Board Meeting	Quarterly Results
2026-09-04	AGM
2026-07-16	Board Meeting	Quarterly Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

PowerPower Generation/Distribution

Acme Solar Holdings Ltd. operates in the Power sector under the Power Generation/Distribution industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

7 members across the board and senior leadership

Rajesh Sodhi

Company Secretary & Compliance Officer

—

Manoj Kumar Upadhyay

Chairman & Managing Director

₹5.00 Cr

Mar '26

Shashi Shekhar

Vice Chairman

₹1.68 Cr

Mar '26

Nikhil Dhingra

Whole Time Director & Chief Executive Officer

₹10.49 Cr

Mar '25

Hemant Sahai

Non Executive Independent Director

₹49.50 L

Mar '26

Anuranjita Kumar

Non Executive Independent Director

₹45.70 L

Mar '26

Atul Sabharwal

Non Executive Independent Director

₹51.50 L

Mar '26

ACMESOLAR Latest News

News

10 of 10 articles

EQUITY30 Oct 2026 · 16:53

ACME Solar Holdings informs about newspaper publication

COMPANY30 Oct 2026 · 09:26

ACME Solar Holdings signs PPA with NTPC for 400 MW ISTS-connected FDRE project

The tariff for this project has been adopted by Central Electricity Regulatory Commission

EQUITY29 Oct 2026 · 10:29

ACME Solar Holdings informs about execution of power purchase agreement

EQUITY29 Oct 2026 · 10:24

ACME Solar Holdings surges after its arm executes power purchase agreement with NTPC

The contracted capacity is 400 MW and the tariff rate is Rs 4.37 per unit

COMPANY29 Oct 2026 · 09:58

ACME Solar Holdings’ arm executes power purchase agreement with NTPC

The contracted capacity is 400 MW and the tariff rate is Rs 4.37 per unit

COMPANY28 Oct 2026 · 10:58

ACME Solar Holdings commissions additional BESS capacity in Rajasthan

With this, ACME Greentech Seventh has achieved cumulative commissioned capacity of 195.35 MW/781.40 MWh of the BESS component

EQUITY19 Oct 2026 · 12:23

ACME Solar Holdings inches up on signing PPA with Solar Energy Corporation of India

Through this FDRE project, the company will supply 4 MWh per MW of contracted capacity for any four hours daily during the non-Solar hours

COMPANY19 Oct 2026 · 09:50

ACME Solar Holdings signs PPA with Solar Energy Corporation of India

Through this FDRE project, the company will supply 4 MWh per MW of contracted capacity for any four hours daily during the non-Solar hours

EQUITY19 Oct 2026 · 09:34

ACME Solar Holdings informs about press release

COMPANY15 Oct 2026 · 09:45

ACME Solar Holdings forms wholly-owned subsidiary in UAE

The entity shall serve as a platform to support its renewable energy business via procurement, supply chain management, project support, and other ancillary functions

Acme Solar Holdings Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(86)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

ACMESOLAR Latest News

News