ACME Solar Holdings Past Earnings Performance
Past criteria checks 4/6
ACME Solar Holdings has been growing earnings at an average annual rate of 64.3%, while the Renewable Energy industry saw earnings growing at 32.3% annually. Revenues have been declining at an average rate of 5.2% per year. ACME Solar Holdings's return on equity is 31.8%, and it has net margins of 50.1%.
Key information
64.3%
Earnings growth rate
66.0%
EPS growth rate
| Renewable Energy Industry Growth | 39.8% |
| Revenue growth rate | -5.2% |
| Return on equity | 31.8% |
| Net Margin | 50.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ACME Solar Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 12,327 | 6,173 | 607 | 0 |
| 31 Mar 24 | 13,193 | 6,982 | 590 | 0 |
| 31 Mar 23 | 12,949 | -31 | 346 | 0 |
| 31 Mar 22 | 14,879 | 620 | 382 | 0 |
| 31 Mar 21 | 16,917 | 152 | 301 | 0 |
| 31 Mar 20 | 4,129 | 311 | 12 | 0 |
| 31 Mar 19 | 3,671 | 332 | 14 | 0 |
| 31 Mar 17 | 2,924 | -680 | 139 | 0 |
| 31 Mar 16 | 0 | -66 | 1 | 0 |
Quality Earnings: 544283 has a large one-off gain of ₹7.4B impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 544283's current net profit margins (50.1%) are higher than last year (13.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 544283's earnings have grown significantly by 64.3% per year over the past 5 years.
Accelerating Growth: 544283's earnings growth over the past year (260.5%) exceeds its 5-year average (64.3% per year).
Earnings vs Industry: 544283 earnings growth over the past year (260.5%) exceeded the Renewable Energy industry -12.5%.
Return on Equity
High ROE: Whilst 544283's Return on Equity (31.78%) is high, this metric is skewed due to their high level of debt.