ACME Solar Holdings Limited
ACME Solar Holdings Limited, a solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar power projects in India. The company owns and operates solar energy projects with installed capacity of 2540 MW; and develops and constructs solar energy projects with capacity of 3780 MW. It is also involved in the wind power and hybrid power generation business. In addition, the company provides engineering, procurement, and construction services, as well as operation and maintenance services. It serves central and state government-backed entities. The company was founded in 2003 and is based in Gurugram, India. ACME Solar Holdings Limited is a subsidiary of ACME Cleantech Solutions Limited.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Jun has averaged the highest return (+12.7%); Nov the lowest (-18.5%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.8%Negative MonthJan 2026: -4.82% | +4.4%Positive MonthFeb 2026: +4.40% | +10.7%Positive MonthMar 2026: +10.73% | +15.9%Positive MonthApr 2026: +15.87% | -4.4%Negative MonthMay 2026: -4.42% | +31.4%Positive MonthJun 2026: +31.39% | -6.8%*Negative MonthJul 2026: -6.79% | β | β | β | β | β |
| 2025 | -8.6%Negative MonthJan 2025: -8.55% | -10.3%Negative MonthFeb 2025: -10.30% | -0.6%Neutral MonthMar 2025: -0.65% | +8.9%Positive MonthApr 2025: +8.93% | +26.5%Positive MonthMay 2025: +26.54% | -6.0%Negative MonthJun 2025: -5.97% | +11.8%Positive MonthJul 2025: +11.79% | +2.2%Positive MonthAug 2025: +2.19% | -2.8%Negative MonthSep 2025: -2.76% | +2.0%Positive MonthOct 2025: +2.03% | -18.5%Negative MonthNov 2025: -18.51% | +3.4%Positive MonthDec 2025: +3.39% |
| 2024 | β | β | β | β | β | β | β | β | β | β | β | -14.3%Negative MonthDec 2024: -14.30% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 3 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.35 K Cr | β | βΉ189.00 Cr | β | β | 4.1% | 187.0% | -55.0% |
| Mar 2024 | βΉ471.00 Cr | β | βΉ420.00 Cr | β | β | 15.5% | 0.4% | -1500.0% |
| Mar 2023 | βΉ469.00 Cr | β | βΉ-30.00 | β | β | -1.3% | -38.2% | -120.7% |
| Mar 2022 | βΉ759.00 Cr | β | βΉ145.00 Cr | β | β | 6.3% | 314.8% | 504.2% |
| Mar 2021 | βΉ183.00 Cr | β | βΉ24.00 Cr | β | β | 1.1% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue / Net Sales | 183 | 759 | 469 | 471 | 1,352 | 1,163 |
| Total Expenses | 139 | 720 | 496 | 527 | 1,084 | 1,224 |
| EBIT / Operating Profit | 44 | 39 | -27 | -56 | 269 | -61 |
| OPM % | 24% | 5% | -6% | -12% | 20% | -5% |
| Other Income | 145 | 298 | 132 | 753 | 161 | 306 |
| Finance Costs | 171 | 192 | 153 | 180 | 176 | 212 |
| Depreciation & Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 18 | 145 | -48 | 518 | 253 | 33 |
| Tax % | -35% | -0% | -38% | 19% | 25% | - |
| Net Profit / PAT | 24 | 145 | -30 | 420 | 189 | 23 |
| EPS (βΉ) | 2.32 | 13.92 | -2.90 | 40.17 | 3.12 | 0.37 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 6% | - |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| ACME Solar Holdings Limitedthis co. | βΉ13.62 K Cr | βΉ1.35 K Cr | 634.00 | 2.95 | 21.46 | 187.0% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |
