ACMESOLAR
Acme Solar Holdings Limited
NSELast Traded Price
₹392.05
5.75 (1.49%)
Open
₹392
High
₹398
Low
₹388.05
Prev Close
₹386.3
Industry
Power Generation
Market Cap
27713.01 Cr
Filing History
Recent corporate announcements and filings for ACMESOLAR
Business Update
Positive
2026-08-28 13:18
- Order Win: ACME Solar Holdings Limited won an order from Solar Energy Corporation of India Limited (SECI)
- Order Value: Estimated potential revenue of ~₹7,884 Cr over the 25-year PPA tenure (based on 300 MW capacity at ₹6.00/kWh with ~20% PLF)
- Completion Timeline: Scheduled Commencement of Supply Date (SCSD) 18 months from PPA signing; project tenure 25 years from SCSD
Business Update
Positive
2026-08-27 19:54
- ACME Solar Holdings' subsidiary, ACME Suryodaya Private Limited, commissioned a 15 MW/240.752 MWh Battery Energy Storage System (BESS) Project in Jaisalmer, Rajasthan.
- The Commercial Operation Date (COD) is August 29, 2026.
- This commissioning brings the total capacity commissioned by the subsidiary to 300 MW / 1354.224 MWh.
Business Update
Neutral
2026-08-27 19:12
- Investor / Analyst Interactions Scheduled
- Date: September 02, 2026 (Group Physical meeting at Ashwamedh - Elara India Dialogue 2026, Mumbai)
- Date: September 03, 2026 (Group Physical meeting at Phillip Capital - Market Marvel, Delhi)
- No unpublished price-sensitive information will be disclosed during these interactions.
Business Update
Neutral
2026-08-27 19:12
- Investor/Analyst Meetings Schedule
- 02 September 2026: Group (Physical) at Ashwamedh - Elara India Dialogue 2026 (Mumbai)
- 03 September 2026: Group (Physical) at Phillip Capital - Market Marvel: Investing Beyond The Headlines (Delhi)
- No unpublished price-sensitive information will be disclosed during these interactions.
Business Update
Positive
2026-08-27 08:31
- Funding Secured: ACME Solar Holdings Ltd (ACME Solar) secured INR 1,571 crore long-term project funding from India Infrastructure Finance Company Ltd (IIFCL).
- Project: For the construction and development of ACME Renewtech Sixth 300 MW assured peak power project in Rajasthan.
- Repayment Tenor: 19 years.
- Total Project Capex: INR 2,123 crore.
- Power Purchase Agreement: Executed with SECI Limited for 25 years at a tariff of INR 6.28/unit.
Business Update
Positive
2026-08-26 09:26
- Order Win: ACME Solar Holdings Limited's wholly-owned subsidiary, ACME Marigold Urja Private Limited, has secured a Power Purchase Agreement (PPA) with Northeast Frontier Railway (NFR).
- Project Details: To set up a 130 MW Round the Clock (RTC) renewable energy power project.
- Order Value: Estimated total revenue of approximately ₹12,384 Crores over a 25-year project tenure, at a tariff of ₹4.35 per kWh.
- Completion Timeline: Scheduled Commencement of Supply Date is February 25, 2029.
Business Update
Positive
2026-08-25 11:34
- Order Win: ACME Solar Holdings Limited won 300 MW capacity in SECI's Assured Peak Power Tender (FDRE-IX).
- Project Details: Secured 300 MW contracted capacity at Rs. 6.00/kWh for 1,200 MWh supply during a four-hour duration.
- Strategic Impact: Adds 1.2 GWh to ACME's battery energy storage portfolio, increasing the PPA-signed BESS pipeline to approximately 15 GWh.
- Execution Readiness: Company possesses connectivity grant and substantial land, aiming for shortened project execution and timely commissioning.
Business Update
Neutral
2026-08-13 19:08
- Concall Schedule
- Concall Date: 19 August 2026
- Meeting Type: Group (Virtual) at Goldman Sachs India Energy Security & Grid Resilience Corporate Day
Business Update
Positive
2026-08-12 08:49
- ACME Solar completed ₹2,147 crore domestic refinancing, redeeming offshore dollar bonds and NCDs. - This reduced borrowing costs by ~150 basis points, enhancing cash flows and strengthening capital structure. - Total fiscal financing reached ₹8,198 crore.
Business Update
Positive
2026-08-04 22:31
- ACME Solar Holdings reported highest-ever Q1 FY27 Consolidated Revenue of ₹954 Cr (▲63% YoY).
- EBITDA for Q1 FY27 stood at ₹831 Cr (▲56% YoY) with an 87% margin.
- PAT for Q1 FY27 was ₹235 Cr (▲80% YoY).
- Commissioned ~2.3 GWh BESS, reaching cumulative 3.62 GWh (40% of India's capacity).
- Upgraded FY27 capex guidance to ₹15,000-20,000 Cr and BESS commissioning guidance to >10 GWh by FY27.
- Expects 10-12 GWh of battery capacity for short-term market annually, with potential revenue of ₹2,000-2,500 Cr from next year.
- Clarified fire incident at BESS facility was due to AC cabling, not battery systems; no damage to batteries.
- Core business EBITDA margin (ex-BESS) is ~91%, with a positive outlook on future RE bids and exploring C&I/data center opportunities.
Financials
Positive
2026-07-29 20:41
- Consolidated Revenue ₹954 Cr vs ₹584 Cr (▲63.3% YoY)
- EBITDA ₹831 Cr vs ₹531 Cr (▲56.5% YoY)
- PAT ₹235 Cr vs ₹131 Cr (▲79.9% YoY)
- EBITDA Margin 87.1% vs 90.9% (▼380bps)
- Company revised upward guidance to commission cumulative 10+ GWh BESS capacity by FY27.
Financials
Positive
2026-07-29 20:02
- Consolidated Total Income ₹953.77 Cr vs ₹583.99 Cr (▲63.31% YoY)
- EBITDA ₹830.53 Cr vs ₹530.82 Cr (▲56.46% YoY)
- PAT ₹235.33 Cr vs ₹130.82 Cr (▲79.88% YoY)
- EBITDA Margin 87.08% vs 90.90% (▼382bps)
Business Update
Positive
2026-07-29 08:37
- Project Funding: ACME Solar Holdings Ltd secured funding for its ACME Urja One 250 MW FDRE Project from Power Finance Corporation Limited (PFC).
- Funding Amount: INR 3,404.57 crore.
- Project Details: 250 MW FDRE project, including Solar, Wind, and Battery Energy Storage System (BESS), with a 25-year PPA with NHPC Limited.
- Commissioning: Expected next year.
Business Update
Positive
2026-07-24 19:50
- Crisil Ratings assigned a 'Crisil A+/Stable (Assigned)' long-term rating to ACME Eco Clean Energy Private Limited for bank loan facilities of ₹657.08 Crore.
- ACME Pokhran Solar Private Limited also received a 'Crisil A+/Stable (Assigned)' long-term rating for bank loan facilities of ₹310.74 Crore.
Business Update
Positive
2026-07-23 21:51
- ACME Solar operationalized ~3.62 GWh Battery Energy Storage System (BESS) projects across 3 sites in Rajasthan.
- The company commissioned ~2.29 GWh BESS in the current financial year, marking it one of the fastest scale-ups in India.
- Restoration activities for a past electrical short circuit incident at the ACME Suryodaya BESS facility have been successfully completed.
Business Update
Neutral
2026-07-21 20:12
- Concall Schedule for Q1 FY27 results
- Concall Date: Thursday, July 30, 2026
- Concall Time: 12:00 PM IST
Business Update
Positive
2026-07-21 08:39
- Order Win: ACME Renewtech Fifth Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has executed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI).
- Project Details: The PPA is for a 300 MW ISTS-connected Wind-Solar Hybrid Renewable Energy Project, at a tariff of Rs. 3.25 per unit.
- Completion Timeline: Scheduled Commencement of Supply Date (SCSD) is June 30, 2028, with a project tenure of 25 years from SCSD.
- Portfolio Update: This increases the company's PPA-signed portfolio to 6,870 MW out of a total contracted portfolio of 8,070 MW.
Business Update
Positive
2026-07-20 19:57
- ACME Solar Holdings Limited (ASHL) through its subsidiary, ACME Suryodaya Private Limited, has commissioned a 160.512 MWh Battery Energy Storage System (BESS) Project in Jaisalmer, Rajasthan.- The commercial operation date (COD) is July 22, 2026.- This commissioning brings ACME Suryodaya Private Limited's total commissioned capacity to 285 MW / 1113.472 MWh.
Business Update
Neutral
2026-07-17 18:01
- Media statement clarifies incorrect news reports regarding damage at ACME Suryodaya BESS facility.
- Only 4 power conversion systems (PCS) were affected, not 13 BESS containers.
- Total revenue loss is estimated at INR 20 Lakhs, which is not material.
- Damaged equipment is expected to be restored within a week.
Business Update
Positive
2026-07-16 08:34
- ACME Solar secured INR 2,646.64 crore project funding from REC Ltd. for its 450MW/1800MWh FDRE Project.
- REC Ltd will be the sole financer for 20 years.
- PPA for the project was signed with SJVN Limited at a tariff of INR 6.74/unit for 25 years.
Business Update
Positive
2026-07-15 23:08
- ACME Solar Holdings' subsidiary, ACME Suryodaya Private Limited, commissioned a 110.336 MWh Battery Energy Storage System (BESS) project in Jaisalmer, Rajasthan, on July 15, 2026 (COD July 17, 2026).
- This brings the subsidiary's total commissioned capacity to 285 MW / 952.960 MWh.
Business Update
Positive
2026-07-01 08:17
- ACME Solar Holdings Limited's subsidiary commissioned a 240.720 MWh Battery Energy Storage System (BESS) project in Jaisalmer, Rajasthan, on June 30, 2026.
- The Commercial Operation Date (COD) for the project is July 02, 2026.
- With this, the subsidiary has achieved a commissioned capacity of 285 MW / 842.624 MWh.