A

Acme Solar Holdings Limited

ACMESOLARNSE
Market snapshot · 2026-08-11 13:44 UTC

368.45

+₹2.65 (+0.72%)

MARKET CAP

₹26.02K Cr

STOCK P/E

38.0x

52W HIGH

₹398.65

52W LOW

₹195.90

BOOK VALUE

₹83.56

EPS

₹9.69

ROE

SECTOR

Utilities

DEBT/EQUITY

393.19

VOLUME

6.67L

P/B RATIO

4.41x

PEG RATIO

0.53

Sector

Utilities

Themes

Renewable Energy
D
Dividend
E
Earnings
₹385.25₹338.63₹292.02₹245.40₹198.78VolumeEEDEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 47.1% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.17). Confidence: 81%.

Live forward EPS implies next-12-month EPS of ₹24.89. Applying the stock's normalized valuation corridor produces a fair range of ₹584.67 to ₹730.52, with base value near ₹643.41 (+74.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹24.89

Forward P/E

14.8x

Base Fair Value

₹643.41

Fair Range

₹584.67 - ₹730.52

Upside To Base

+74.6%

Estimate Source

Live forward EPS

Growth Estimate

+71.5%

P/E
Strongly Overvalued

5Y Average

27.48

Current

38.02

Overvalued

29.35

Undervalued

23.49

EV/EBITDA
Strongly Overvalued

5Y Average

10.50

Current

14.53

Overvalued

11.21

Undervalued

9.07

P/B
Fair

5Y Average

4.21

Current

4.41

Overvalued

4.84

Undervalued

3.58

Peers & Comparison

Sector: Utilities · Theme: Renewable Energy

Renewable Energy Peers7 peers
Avg P/E: 53.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SJVN LTD
SJVNRenewable Energy
+52.0%12.8%
41.5x
Undervalued
-22% vs avg
-30.6%
NHPC LTD
NHPCRenewable Energy
+18.5%31.1%
28.1x
Undervalued
-47% vs avg
-8.0%
JAIPRAKASH POWER VEN. LTD
JPPOWERRenewable Energy
+12.2%11.1%
25.4x
Undervalued
-52% vs avg
-5.7%
CLEAN MAX ENVIRO EN SOL L
CLEANMAXRenewable Energy
+109.2%6.7%
94.7x
Premium
+78% vs avg
+48.9%
WAAREE RENEWABLE TECH LTD
WAAREERTLRenewable Energy
+53.2%-34.0%
18.5x
Undervalued
-65% vs avg
-9.2%
KPI GREEN ENERGY LIMITED
KPIGREENRenewable Energy
+39.8%17.7%
14.6x
Undervalued
-73% vs avg
-28.3%
NTPC GREEN ENERGY LIMITED
NTPCGREENRenewable Energy
+62.7%18.5%
150.0x
Premium
+181% vs avg
-10.5%
WHY THESE PEERS

ACME SOLAR HOLDINGS LTD trades at a discount (38.0x vs peer avg 53.3x), suggesting potential undervaluation relative to the Renewable Energy cohort. Peers include SJVN LTD, NHPC LTD, JAIPRAKASH POWER VEN. LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.27K CrJun 2026

Latest net profit

₹122 CrJun 2026

Latest EPS

₹1.72Jun 2026

Net margin

8.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-14.0%-7.0%0.0%7.0%14.0%0.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr₹0₹2₹4₹6₹8
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-4.50K Cr0.00 Cr4.50K Cr9.00K Cr13.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +139821903694352792692833329182,3782,266
Expenses +1411022091573652742873033598812,0702,096
Operating Profit-2-19-19212705-19-20-2736308170
OPM %-1.3%-23%-10%57%16%1.7%-7%-7%-8%3.9%13%8%
Other Income +737456535375039811358416292
Interest4645434448473760687610097
Depreciation000000000003
Profit before tax2510503203598-1614144370163
Tax %-18%98%20%25%22%80%-35%25%24%29%25%25%
Net Profit +300404152462-1113132276122
EPS in Rs2.840.0238.652.910.870.02-0.180.010.520.524.561.72
Raw PDF
YOY Sales Growth %212%238%42%-23%-24%229%785%702%
Employee Cost %10.69%23.33%11.18%5.59%5.61%12.81%20.66%21.00%18.37%7.44%2.76%3.55%
Exceptional items3944529002-1020140
Other income normal34303635374940811338414892
Exceptional items AT3931430000-1020110
Profit excl Excep-9-31-27152461-1012932266122
Profit for PE-9-31-27152461-1012932266122
Profit for EPS300404152462-1113132276122
YOY Profit Growth %589%104%62%-99%-36%2,394%2,760%14,925%

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +83.41%83.41%83.29%83.29%71.40%
FIIs +5.76%5.57%4.03%3.60%4.39%
DIIs +6.61%6.39%6.87%7.05%19.10%
Public +4.22%4.63%5.69%5.96%4.92%
Others0.12%0.10%0.19%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 31, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 30, 2026PDFCompany Reports Open

Statement Of Deviation Or Variation In Utilization Of Proceeds Of Qualified Institutions Placement For The Quarter Ended June 30, 2026

Jul 29, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Jul 29, 2026PDFCompany Reports Open