ACME Solar Holdings Limited

NSEI:ACMESOLAR Stock Report

Market Cap: ₹171.4b

ACME Solar Holdings Past Earnings Performance

Past criteria checks 4/6

ACME Solar Holdings has been growing earnings at an average annual rate of 28.1%, while the Renewable Energy industry saw earnings growing at 27.7% annually. Revenues have been growing at an average rate of 6.3% per year. ACME Solar Holdings's return on equity is 9.8%, and it has net margins of 19.9%.

Key information

28.09%

Earnings growth rate

26.85%

EPS growth rate

Renewable Energy Industry Growth39.78%
Revenue growth rate6.27%
Return on equity9.84%
Net Margin19.90%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article May 15

Additional Considerations Required While Assessing ACME Solar Holdings' (NSE:ACMESOLAR) Strong Earnings

ACME Solar Holdings Limited's ( NSE:ACMESOLAR ) robust earnings report didn't manage to move the market for its stock...
Analysis Article Nov 11

Weak Statutory Earnings May Not Tell The Whole Story For ACME Solar Holdings (NSE:ACMESOLAR)

Last week's earnings announcement from ACME Solar Holdings Limited ( NSE:ACMESOLAR ) was disappointing to investors...

Recent updates

Analysis Article May 15

Additional Considerations Required While Assessing ACME Solar Holdings' (NSE:ACMESOLAR) Strong Earnings

ACME Solar Holdings Limited's ( NSE:ACMESOLAR ) robust earnings report didn't manage to move the market for its stock...
Analysis Article Feb 03

ACME Solar Holdings Limited Just Recorded A 34% EPS Beat: Here's What Analysts Are Forecasting Next

ACME Solar Holdings Limited ( NSE:ACMESOLAR ) defied analyst predictions to release its third-quarter results, which...
Analysis Article Jan 20

We Think ACME Solar Holdings (NSE:ACMESOLAR) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 16

Slowing Rates Of Return At ACME Solar Holdings (NSE:ACMESOLAR) Leave Little Room For Excitement

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Nov 11

Weak Statutory Earnings May Not Tell The Whole Story For ACME Solar Holdings (NSE:ACMESOLAR)

Last week's earnings announcement from ACME Solar Holdings Limited ( NSE:ACMESOLAR ) was disappointing to investors...
Analysis Article Nov 07

ACME Solar Holdings Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Last week, you might have seen that ACME Solar Holdings Limited ( NSE:ACMESOLAR ) released its second-quarter result to...
Analysis Article Jul 09

We Think ACME Solar Holdings (NSE:ACMESOLAR) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 31

ACME Solar Holdings Limited (NSE:ACMESOLAR) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

ACME Solar Holdings Limited ( NSE:ACMESOLAR ) shares have continued their recent momentum with a 26% gain in the last...

Revenue & Expenses Breakdown

How ACME Solar Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ACMESOLAR Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2625,0714,9896200
31 Dec 2519,6244,8306820
30 Sep 2518,1464,8136900
30 Jun 2518,1923,8156570
31 Mar 2514,0512,5216880
31 Dec 2412,1346,6166510
30 Sep 2411,7095,9406500
30 Jun 2412,5986,1736070
31 Mar 2413,1936,9785930
31 Mar 2312,949-313460
31 Mar 2214,8796203820
31 Mar 2116,9171523010
31 Mar 204,129311120
31 Mar 193,671332140
31 Mar 172,924-6801390
31 Mar 160-6610

Quality Earnings: ACMESOLAR has a high level of non-cash earnings.

Growing Profit Margin: ACMESOLAR's current net profit margins (19.9%) are higher than last year (17.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ACMESOLAR's earnings have grown significantly by 28.1% per year over the past 5 years.

Accelerating Growth: ACMESOLAR's earnings growth over the past year (97.9%) exceeds its 5-year average (28.1% per year).

Earnings vs Industry: ACMESOLAR earnings growth over the past year (97.9%) exceeded the Renewable Energy industry 24.9%.


Return on Equity

High ROE: ACMESOLAR's Return on Equity (9.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 12:35
End of Day Share Price 2026/05/20 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ACME Solar Holdings Limited is covered by 21 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Piyush Kumar PandeyCentrum Broking Limited
Yogesh PatilDolat Capital Market Pvt. Ltd.