Acme Solar Holdings

₹225.6 18 | 8.6%

WEBSITE BSE:544283 NSE : ACMESOLAR 05 Feb, 12:14

Market Cap ₹13648 Cr.

Stock P/E 19.5

P/B 2.7

Current Price ₹225.6

Book Value ₹ 82.1

Face Value 2

52W High ₹292

Dividend Yield 0%

52W Low ₹ 167.6

Edit Ratio

Acme Solar Holdings Research see more...

Overview Inc. Year: 2015Industry: Power Generation/Distribution

Acme Solar Holdings Limited is a prominent player in the renewable energy sector, focusing on the development, construction, and operation of solar power projects. Established with a vision to contribute to sustainable energy solutions, the company has built a strong reputation for delivering high-quality solar energy systems across India. Acme Solar leverages advanced technology and innovative approaches to harness solar energy efficiently, catering to the increasing demand for clean and renewable power. The company's portfolio includes utility-scale solar projects that help mitigate carbon emissions and support India's renewable energy targets. Known for its expertise in project management and operational excellence, Acme Solar has partnered with government initiatives and private enterprises to expand the use of solar energy. By combining sustainability, innovation, and a commitment to environmental stewardship, Acme Solar Holdings Limited continues to play a pivotal role in shaping India's energy landscape and driving the transition towards renewable energy.

Acme Solar Holdings Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Acme Solar Holdings Quarterly Results

#(Fig in Cr.)	Sep 2023	Dec 2023	Sep 2024	Dec 2024
Net Sales	323	332	260	349
Other Income	34	33	36	52
Total Income	357	365	295	401
Total Expenditure	34	54	39	42
Operating Profit	323	310	256	359
Interest	200	202	178	179
Depreciation	86	85	60	70
Exceptional Income / Expenses	39	6	0	-7
Profit Before Tax	77	29	18	103
Provision for Tax	39	-16	3	-9
Profit After Tax	39	44	15	112
Adjustments	0	0	0	0
Profit After Adjustments	39	44	15	112
Adjusted Earnings Per Share	3.7	0.9	0.3	1.9

Acme Solar Holdings Profit & Loss

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Net Sales	0	292	1096	1672	1777	1692	1488	1295	1319	1264
Other Income	0	29	90	130	82	218	75	66	147	155
Total Income	0	321	1186	1802	1859	1910	1563	1361	1466	1418
Total Expenditure	6	86	212	220	129	139	247	122	230	169
Operating Profit	-6	236	974	1583	1731	1771	1315	1239	1236	1248
Interest	0	196	651	1018	1237	1151	996	809	767	759
Depreciation	0	116	368	571	704	622	546	485	308	301
Exceptional Income / Expenses	0	0	0	0	0	0	330	39	749	38
Profit Before Tax	-7	-75	-44	-6	-211	-1	102	-15	909	227
Provision for Tax	-1	-7	196	41	-296	-16	40	-12	212	17
Profit After Tax	-5	-68	-240	-47	86	15	62	-3	698	210
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-5	-68	-240	-47	86	15	62	-3	698	210
Adjusted Earnings Per Share	-0.6	-7.6	-23	-4.5	8.2	1.5	5.9	-0.3	66.8	6.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	2%	-8%	-5%	0%
Operating Profit CAGR	-0%	-11%	-5%	0%
PAT CAGR	0%	260%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	NA%	NA%	NA%	NA%
ROE Average	31%	11%	8%	-7%
ROCE Average	16%	11%	10%	8%

Acme Solar Holdings Balance Sheet

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	164	59	1157	1110	1842	1858	1909	1901	2591
Minority's Interest	0	0	0	0	0	0	100	30	0
Borrowings	100	6275	8103	9142	9225	8226	6951	8099	7696
Other Non-Current Liabilities	-1	84	261	442	433	554	521	940	1488
Total Current Liabilities	400	1823	3083	3510	1934	1708	1246	970	1432
Total Liabilities	663	8242	12605	14205	15355	12345	10727	11939	13207
Fixed Assets	524	4112	7991	10576	9650	8984	6177	6631	6757
Other Non-Current Assets	119	3649	1976	637	1072	1078	2210	2606	3295
Total Current Assets	20	480	2638	2992	2122	2283	2340	2702	3143
Total Assets	663	8242	12605	14205	15355	12345	10727	11939	13207

Acme Solar Holdings Cash Flow

#(Fig in Cr.)	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	0	16	282	545	370	340	504	478	547
Cash Flow from Operating Activities	36	387	727	940	922	1746	955	1263	1434
Cash Flow from Investing Activities	-242	-5663	-2650	-1181	-1426	493	-374	-1410	-1731
Cash Flow from Financing Activities	222	5516	2186	103	474	-2040	-556	215	216
Net Cash Inflow / Outflow	16	240	263	-139	-31	200	25	69	-81
Closing Cash & Cash Equivalent	16	256	545	407	340	504	478	547	309

Acme Solar Holdings Ratios

#	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	-0.61	-7.56	-23.01	-4.49	8.2	1.46	5.94	-0.3	66.81
CEPS(Rs)	-0.59	5.36	12.21	50.17	75.65	60.99	58.24	46.11	96.31
DPS(Rs)	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	18.19	6.58	110.8	106.32	176.38	177.85	182.76	181.97	248.07
Core EBITDA Margin(%)	0	70.69	80.65	86.86	92.77	91.79	83.37	90.56	82.56
EBIT Margin(%)	0	41.34	55.31	60.52	57.74	67.95	73.83	61.3	127.1
Pre Tax Margin(%)	0	-25.56	-4.03	-0.35	-11.85	-0.07	6.88	-1.19	68.94
PAT Margin (%)	0	-23.26	-21.93	-2.8	4.82	0.9	4.17	-0.25	52.89
Cash Profit Margin (%)	0	16.48	11.64	31.34	44.46	37.65	40.88	37.19	76.25
ROA(%)	-0.83	-1.53	-2.31	-0.35	0.58	0.11	0.54	-0.03	5.55
ROE(%)	-3.35	-61.04	-39.52	-4.13	5.8	0.82	3.29	-0.17	31.07
ROCE(%)	-2.33	3	6.42	8.67	8.33	9.73	10.62	7.93	15.7
Receivable days	0	96.95	41.73	78.59	125.32	150.59	202.88	229.83	154.96
Inventory Days	0	0	0	0	0	0	0	0	0
Payable days	0	0	0	0	0	0	0	0	0
PER(x)	0	0	0	0	0	0	0	0	0
Price/Book(x)	0	0	0	0	0	0	0	0	0
Dividend Yield(%)	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	2284.05	25.82	7.11	5.75	5.63	5.04	4.64	5.73	5.31
EV/Core EBITDA(x)	-16.73	32.05	8	6.08	5.78	4.81	5.25	5.99	5.67
Net Sales Growth(%)	0	0	274.94	52.53	6.3	-4.81	-12.05	-12.97	1.88
EBIT Growth(%)	0	2002.12	401.67	66.87	1.43	12.01	-4.43	-27.74	111.24
PAT Growth(%)	0	-1140.9	-253.39	80.5	282.73	-82.24	307.61	-105.12	0
EPS Growth(%)	0	-1141.13	-204.32	80.5	282.73	-82.24	307.77	-105.06	0
Debt/Equity(x)	0.67	130.37	8.61	10.01	5.74	5.04	3.96	4.56	3.17
Current Ratio(x)	0.05	0.26	0.86	0.85	1.1	1.34	1.88	2.79	2.19
Quick Ratio(x)	0.05	0.26	0.86	0.85	1.1	1.34	1.88	2.79	2.19
Interest Cover(x)	-38.98	0.62	0.93	0.99	0.83	1	1.1	0.98	2.19
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0

Acme Solar Holdings Shareholding Pattern

#	Mar 2017	Dec 2024
Promoter	100	83.41
FII	0	5.54
DII	0	6.97
Public	0	4.08
Others	0	0
Total	100	100

#	Mar 2017	Dec 2024
Promoter	8.99	50.47
FII	0	3.35
DII	0	4.22
Public	0	2.47
Others	0	0
Total	8.99	60.51

Pros

Company has reduced debt.

Cons

Company has a low return on equity of 11% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.