ACME Solar Hold.

  • Market Cap: Small Cap
  • Industry: Holding Company
  • ISIN: INE622W01025
  • NSEID: ACMESOLAR
  • BSEID: 544283
INR
247.01
2.12 (0.87%)
BSENSE

Mar 17

BSE+NSE Vol: 7.44 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

7.44 lacs (-81.25%) Volume

Shareholding (Dec 2025)

FII

4.04%

Held by 71 FIIs

DII

0.36%

Held by 15 DIIs

Promoter

83.29%

Who are the top shareholders of the ACME Solar Hold.?

06-Jun-2025

The top shareholders of ACME Solar Hold include Acme Cleantech Solutions Pvt Ltd with 83.41%, followed by mutual funds at 4.43%, foreign institutional investors at 4.74%, and Nippon Life India Trustee Ltd as the largest public shareholder with 1.34%. Individual investors hold 4.23% of the company.

The top shareholders of ACME Solar Hold include the promoters, with Acme Cleantech Solutions Pvt Ltd holding the largest share at 83.41%. Other significant shareholders include mutual funds, which hold 4.43% across 14 schemes, and foreign institutional investors (FIIs), who collectively hold 4.74% through 38 FIIs. The highest public shareholder is Nippon Life India Trustee Ltd, with a stake of 1.34%. Additionally, individual investors hold 4.23% of the company.

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Has ACME Solar Hold. declared dividend?

06-Jun-2025

Yes, ACME Solar Holdings Ltd has declared a dividend of 10% (0.2 per share) with an ex-date of May 2, 2025. However, total returns over various periods have been stagnant, showing no growth in price or dividends.

ACME Solar Holdings Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.2<BR>- Ex-date: May-02-2025<BR><BR>Dividend Yield: 0.08%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -8.07%, the dividend return was 0.07%, resulting in a total return of -8.0%.<BR><BR>Over the past year, there was no price return or dividend return, leading to a total return of 0.0%.<BR><BR>For the 2-year period, there were no changes in price or dividends, resulting in a total return of 0.0%.<BR><BR>Similarly, in the 3-year period, the price and dividend returns remained unchanged, yielding a total return of 0.0%.<BR><BR>In the 4-year period, there were no returns from price or dividends, resulting in a total return of 0.0%.<BR><BR>Lastly, over the 5-year period, there were no price or dividend returns, leading to a total return of 0.0%.<BR><BR>Overall, while ACME Solar Holdings Ltd has declared a dividend, the total returns over various periods indicate a lack of growth in price and dividends, particularly in the longer term. The recent dividend declaration may provide some income, but the overall performance appears stagnant.

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Who are the peers of the ACME Solar Hold.?

04-Jun-2025

ACME Solar Hold.'s peers include Bajaj Finserv, Bajaj Holdings, JSW Holdings, TVS Holdings, Mah. Scooters, Choice Intl., JM Financial, Edelweiss.Fin., Kama Holdings, and Sundaram Fin.Hol. It has below-average management risk and growth, with a negative six-month return of -10.42%.

Peers: The peers of ACME Solar Hold. are Bajaj Finserv, Bajaj Holdings, JSW Holdings, TVS Holdings, Mah. Scooters, Choice Intl., JM Financial, Edelweiss.Fin., Kama Holdings, and Sundaram Fin.Hol.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finserv and TVS Holdings, while Average management risk is found at Bajaj Holdings, JSW Holdings, Choice Intl., JM Financial, Edelweiss.Fin., and Kama Holdings, and the rest. Below Average management risk is noted for Mah. Scooters, ACME Solar Hold., and Sundaram Fin.Hol. Growth is Excellent for ACME Solar Hold., TVS Holdings, and Choice Intl., while Average growth is seen at Bajaj Finserv, Bajaj Holdings, JSW Holdings, Mah. Scooters, and Kama Holdings, and the rest. Below Average growth is reported for JM Financial and Edelweiss.Fin. Capital Structure is Excellent for Bajaj Holdings, JSW Holdings, Mah. Scooters, Choice Intl., JM Financial, Edelweiss.Fin., and Kama Holdings, while Below Average is noted for ACME Solar Hold. and TVS Holdings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is JSW Holdings at 234.05%, while the lowest is ACME Solar Hold. with N/A, indicating that its 1-year return is not available for comparison. Additionally, ACME Solar Hold. has a negative six-month return of -10.42%, along with JM Financial at -5.52% and Edelweiss.Fin. at -16.86%.

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Is ACME Solar Hold. overvalued or undervalued?

09-Jun-2025

As of November 26, 2024, ACME Solar Holdings is considered very expensive and overvalued with a high PE ratio of 80.47 and poor financial performance indicators, despite a recent stock decline of 2.9%.

As of 26 November 2024, ACME Solar Hold. has moved from a valuation grade of risky to very expensive. The company is currently overvalued, as indicated by its high PE ratio of 80.47, EV to EBITDA ratio of 63.05, and a Price to Book Value of 6.72. In comparison to its peers, NTPC Green has a PE ratio of 187.3 and an EV to EBITDA of 55.35, while Suzlon Energy Ltd. shows a PE of 43.7 and an EV to EBITDA of 48.29, highlighting that ACME Solar's valuation metrics are significantly higher than these competitors.<BR><BR>The company's financial performance, reflected in a ROCE of 6.61% and an ROE of 8.35%, does not justify its elevated valuation levels. Additionally, ACME Solar's recent stock performance shows a decline of 2.9% over the past week, contrasting with a positive return of 1.35% for the Sensex, which further supports the conclusion that the stock is overvalued at its current price of 249.75.

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What does ACME Solar Hold. do?

17-Jul-2025

ACME Solar Holdings Ltd is a mid-cap holding company in the renewable energy sector, reporting net sales of 4,869 Cr and a net profit of 1,234 Cr for March 2025, with a market cap of INR 17,115 Cr. Key metrics include a P/E ratio of 90.00 and a debt-equity ratio of 0.81.

Overview: <BR>ACME Solar Holdings Ltd is a mid-cap holding company operating in the renewable energy sector.<BR><BR>History: <BR>The company was incorporated in 2015 as "ACME Solar Holdings Private Limited" and later converted to a public limited company, changing its name to "ACME Solar Holdings Limited" in 2017. The most recent quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 4,869 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1,234 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 17,115 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 90.00 <BR>Industry P/E: 61 <BR>Dividend Yield: 0.07% <BR>Debt-Equity: 0.81 <BR>Return on Equity: 8.35% <BR>Price to Book: 7.61 <BR><BR>Contact Details: <BR>Details: No Company Details Available <BR>Registrar Address: Not available.

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How big is ACME Solar Hold.?

24-Jul-2025

As of 24th July, ACME Solar Holdings Ltd has a market capitalization of 17,227.00 Cr, with recent net sales of 1,405.13 Cr and net profit of 252.11 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: ACME Solar Holdings Ltd has a market capitalization of 17,227.00 Cr and is classified as a Mid Cap company. <BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1,405.13 Cr, while the sum of Net Profit for the same period is 252.11 Cr. <BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 2,702.15 Cr and Total Assets of 6,081.51 Cr.

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How has been the historical performance of ACME Solar Hold.?

01-Dec-2025

ACME Solar Hold. has experienced mixed historical performance, with net sales and operating income increasing from Mar'23 to Mar'25, but profitability metrics, including profit before tax and net profit, have declined. Additionally, total liabilities rose significantly, while cash flow from operating activities improved.

Answer:<BR>The historical performance of ACME Solar Hold. shows a mixed trend over the past three years, with significant fluctuations in key financial metrics.<BR><BR>Breakdown:<BR>In terms of net sales, ACME Solar Hold. reported an increase from 1,294.90 Cr in Mar'23 to 1,405.13 Cr in Mar'25, indicating a positive growth trend. The total operating income followed a similar pattern, rising from 1,294.90 Cr in Mar'23 to 1,405.13 Cr in Mar'25. Operating profit (PBDIT) also saw an increase, reaching 1,405.54 Cr in Mar'25 from 1,239.06 Cr in Mar'23, although the operating profit margin (excluding other income) slightly decreased from 90.55% in Mar'23 to 87.92% in Mar'25. Profit before tax showed a decline from 909.43 Cr in Mar'24 to 338.04 Cr in Mar'25, while profit after tax decreased from 697.78 Cr in Mar'24 to 250.82 Cr in Mar'25. The consolidated net profit also fell from 697.80 Cr in Mar'24 to 252.11 Cr in Mar'25. On the balance sheet, total liabilities increased from 11,939.40 Cr in Mar'23 to 18,140.29 Cr in Mar'25, with total assets rising correspondingly from 11,939.40 Cr to 18,140.29 Cr. Cash flow from operating activities improved from 1,263.00 Cr in Mar'23 to 1,543.00 Cr in Mar'25, while cash flow from investing activities worsened, showing a larger outflow of -3,976.00 Cr in Mar'25 compared to -1,409.00 Cr in Mar'23. Overall, while ACME Solar Hold. has shown growth in sales and operating income, profitability metrics have declined, and the company has increased its liabilities significantly.

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Is ACME Solar Hold. technically bullish or bearish?

02-Dec-2025

As of December 1, 2025, ACME Solar Hold's trend has shifted to mildly bearish, supported by bearish signals from the weekly MACD and Bollinger Bands, despite a mildly bullish daily moving average.

As of 1 December 2025, the technical trend for ACME Solar Hold has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish signals. The Dow Theory also supports this with a mildly bearish reading on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish trend, the overall indicators suggest weakness in the stock's performance, particularly with a significant decline in returns over the past month and year compared to the Sensex.

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When is the next results date for ACME Solar Holdings Ltd?

14-Jan-2026

The next results date for ACME Solar Holdings Ltd is 29 January 2026.

The next results date for ACME Solar Holdings Ltd is scheduled for 29 January 2026.

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Are ACME Solar Holdings Ltd latest results good or bad?

30-Jan-2026

ACME Solar Holdings Ltd's latest results show strong revenue growth of 42.34% year-over-year, but a slight decline in net profit and high debt levels raise concerns about profitability and financial stability. Investors should be cautious due to these mixed signals.

ACME Solar Holdings Ltd's latest results present a mixed picture. On one hand, the company achieved a strong revenue growth of 42.34% year-over-year, with net sales reaching ₹496.79 crores in Q3 FY26, reflecting successful capacity additions and robust demand for renewable energy. The operating margin is impressive at 89.50%, indicating efficient operations.<BR><BR>However, the net profit for the quarter was ₹113.71 crores, which represents a slight decline of 1.18% quarter-over-quarter, despite a year-over-year increase of 1.47%. This discrepancy raises concerns about the company's profitability, as the profit growth is lagging behind revenue growth, suggesting potential issues with cost management and operational efficiency.<BR><BR>Additionally, the company's financial health is a concern, highlighted by a weak interest coverage ratio of 1.15x, indicating challenges in servicing its debt. The debt-to-equity ratio stands at 2.01, which is significantly higher than industry norms, further amplifying financial risk.<BR><BR>Overall, while ACME Solar is experiencing strong revenue growth, its profitability pressures and high leverage raise red flags about its financial stability. Investors may want to approach with caution until there are clear signs of improved profitability and debt management.

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Should I buy, sell or hold ACME Solar Holdings Ltd?

31-Jan-2026

Why is ACME Solar Holdings Ltd falling/rising?

17-Mar-2026

As of 16-Mar, ACME Solar Holdings Ltd's stock price is falling to 245.20, down 4.07% after a trend reversal. Concerns over high debt levels and reduced institutional investment are impacting investor sentiment despite a strong annual return.

As of 16-Mar, ACME Solar Holdings Ltd's stock price is falling, currently at 245.20, reflecting a decrease of 10.4 or 4.07%. This decline follows a trend reversal after four consecutive days of gains. The stock has underperformed its sector by 3.07% today and reached an intraday low of Rs 242.45, which is a drop of 5.14%. <BR><BR>Despite the stock's positive performance over the past year, generating a return of 21.84% compared to the market's 2.27%, there are significant concerns affecting investor sentiment. The company's high Debt to EBITDA ratio of 6.00 times indicates a low ability to service its debt, which raises red flags for potential investors. Additionally, institutional investors have reduced their stake by 1.06% in the previous quarter, suggesting a lack of confidence from those with more resources to analyze the company's fundamentals.<BR><BR>While there has been rising investor participation, as evidenced by a 727.41% increase in delivery volume on March 13, the overall market conditions and the company's financial metrics, including a relatively low Return on Capital Employed (ROCE) of 8.4%, contribute to the stock's current downward movement.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.00 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.00 times
  • The company has been able to generate a Return on Capital Employed (avg) of 8.37% signifying low profitability per unit of total capital (equity and debt)
2

With ROCE of 8.4, it has a Very Expensive valuation with a 1.7 Enterprise value to Capital Employed

3

Falling Participation by Institutional Investors

stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Holding Company

stock-summary
Market cap

INR 14,777 Cr (Small Cap)

stock-summary
P/E

30.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.16%

stock-summary
Debt Equity

2.01

stock-summary
Return on Equity

10.61%

stock-summary
Price to Book

3.12

Revenue and Profits:
Net Sales:
497 Cr
(Quarterly Results - Dec 2025)
Net Profit:
114 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.16%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
5.11%
0.09%
5.2%
6 Months
-19.7%
0.07%
-19.63%
1 Year
25.67%
0.20%
25.87%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Latest dividend: 0.2 per share ex-dividend date: Feb-06-2026

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Icon
No announcement available

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

ACME Solar Holdings Ltd has declared 10% dividend, ex-date: 06 Feb 26

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
21.20%
EBIT Growth (5y)
91.03%
EBIT to Interest (avg)
1.17
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
2.01
Sales to Capital Employed (avg)
0.16
Tax Ratio
26.25%
Dividend Payout Ratio
6.41%
Pledged Shares
0
Institutional Holding
10.90%
ROCE (avg)
2.73%
ROE (avg)
10.61%

Valuation key factors

Factor
Value
P/E Ratio
30
Industry P/E
29
Price to Book Value
3.12
EV to EBIT
18.99
EV to EBITDA
14.10
EV to Capital Employed
1.70
EV to Sales
12.49
PEG Ratio
NA
Dividend Yield
0.16%
ROCE (Latest)
8.37%
ROE (Latest)
10.61%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 17 Schemes (4.89%)

FIIs

Held by 71 FIIs (4.04%)

Promoter with highest holding

Acme Cleantech Solutions Pvt Ltd (83.29%)

Highest Public shareholder

Nippon Life India Trustee Ltd-a/c Nippon Power & I (1.81%)

Individual Investors Holdings

4.62%

stock-summaryFinancial
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Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
496.79
467.75
6.21%
Operating Profit (PBDIT) excl Other Income
444.47
400.21
11.06%
Interest
288.03
264.52
8.89%
Exceptional Items
0.00
4.25
-100.00%
Consolidate Net Profit
113.71
115.07
-1.18%
Operating Profit Margin (Excl OI)
89.50%
85.59%
3.91%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is 6.21% vs -8.46% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is -1.18% vs -12.05% in Sep 2025

stock-summaryCompany CV
About ACME Solar Holdings Ltd stock-summary
stock-summary
ACME Solar Holdings Ltd
Small Cap
Holding Company
ACME Solar Holdings Limited was incorporated as a Private Limited Company with the name "ACME Solar Holdings Private Limited" on June 3, 2015. Upon the conversion of the status to Public Limited Company, the Company name got changed to "ACME Solar Holdings Limited" on May 12, 2017 vide fresh Certificate of Incorporation on May 12, 2017 issued by the RoC.
Company Coordinates stock-summary
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No Company Details Available