ALFA Finder| Revenue growth | Revenue up 63% YoY to INR 954 Cr. |
|---|---|
| Margins | Renewable margins 88-89%; BESS margins approx 82%. |
| Order book | Total portfolio at 8,070 MW; BESS portfolio at 20 GWh. |
| Demand visibility | Strong peak power demand; evening peaks driving storage requirements. |
| Management confidence | Extremely bullish on early BESS deployment and merchant power spreads. |
Growth
Revenue surged 63% YoY to INR 954 Cr; BESS operations contributed INR 226 Cr with 82% margins.
Outlook
Guided 1.5 GW renewable capacity addition for FY27 and BESS capacity exceeding 10 GWh.
Risks
Heavy reliance on short-term merchant BESS contracts; potential curtailment in Rajasthan if GNA timelines lag.
Last quarter's promises, checked
Delivered
- Guided 2.3 GW BESS commissioning → delivered 2.3 GW (= BEAT)
- Targeted 2,990 MW operational capacity → delivered 2,990 MW (= BEAT)
- Guided EBITDA margin 88-90% → delivered 90% (= BEAT)
Partly delivered
- Guided 10 GWh total BESS target → delivered 2.3 GWh (In Progress) (= PARTIAL)
- Guided 1.5 GW FY27 RE addition → delivered 0 GW in Q1 (On Track) (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: ACMESOLAR. Summary written with AI assistance from the document.
ACME Solar Holdings Ltd: key numbers
- Share price
- ₹419.85
- Market cap
- ₹29,678 Cr
- Revenue (annual)
- ₹2,023 Cr
- Net profit (annual)
- ₹498.9 Cr
- P/E (TTM)
- 39.2×Sector 21.7×
- Promoter holding
- 71.40%+0.00% QoQ
- FII holding
- 6.44%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from ACME Solar Holdings Ltd
All →ACME Solar Holdings Business Update
ACME Solar commissioned 88.02 MW of BESS in Rajasthan on October 30, 2026. COD is November 1, 2026, taking cumulative capacity to 159.66 MW.
- BESS discharge capacity commissioned
- 88.02 MW
ACME Solar Holdings Bags ₹5,000 Cr Order from NTPC Limited
Acme Solar's subsidiary signed a PPA with NTPC for a 400 MW FDRE project worth Rs.5,000 Crore. Supply starts 30 June 2028 for 25 years.
- Value
- ₹5,000 Cr
- From
- NTPC Limited
- Execution
- SCSD 30.06.2028; 25-year project tenure from SCSD
- contracted FDRE capacity
- 400.0 MW
ACME Solar Holdings Earnings Call Transcript: Key Takeaways
Management is pivotting to high-margin battery storage (BESS) and peak power to mask grid connectivity delays impacting solar commissioning.
ACME Solar Holdings Bags New Order from NTPC Limited
ACME Solar's subsidiary signed a PPA with NTPC for a 400 MW FDRE project. Supply is scheduled to start by June 2028, with a 25-year tenure.
- From
- NTPC Limited
- Execution
- Scheduled Commencement of Supply Date 30.06.2028; project tenure 25 years from SCSD
- FDRE power project contracted capacity
- 400.0 MW
ACME Solar Holdings Other Announcement
ACME Solar filed the CARE Ratings monitoring agency report on its Rs.2,800 crore QIP for the quarter ended 30 September 2026. The report shows no deviation from the offer objects.
ACME Solar Holdings Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹1,007 Cr (+67.5% YoY), EBITDA ₹874 Cr, PAT ₹269 Cr (+133.5%). BESS commissioning and RE capacity drove growth; FY27 BESS target raised.