In Week of Mar 28, 2026, ACME Solar Holdings Ltd (Engineering - Turnkey Services) is outperforming Nifty 500 with +28.2% relative strength. Fundamentals: Weak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Mar 28, 2026
What: 422 MW already commissioned YTD with 28 MW at advanced stages; full capacity by March 2026
Impact: +₹300 Cr revenue
“CFO: 'With 422 MW commissioned year to date, we remain firmly on track to achieve our FY26 commissioning guidance of 450 MW'”
What: 10 GWh BESS commissioning by CY2027 to address curtailment issues
Impact: +₹75 Cr revenue
“CEO: 'BESS installations are modular and progressing well; curtailment issue resolved with Narela Khetri line'”
What: Refinancing reducing weighted average cost of debt to 8.45% per annum
“CFO: 'Reduced weighted average cost of debt to 8.45% per annum down by over 150 basis points from December 2024'”
Earnings deceleration risks from management commentary
Trigger: Regulatory changes reducing revenue realization
Impact: -300 bps margin impact
Management view: CEO: 'Revenue is protected by regulations and we're actively engaging with stakeholders on DSM framework'
Monitor: DSM regulation changes
Trigger: Supply-demand dynamics turning unfavorable
Impact: -500 bps margin impact
Management view: CTO: 'We've already procured modules within budgeted costs and expect supply-demand dynamics to remain favorable for buyers'
Monitor: Module price trends
Key quotes from recent conference calls
“We commissioned 72 MW wind capacity in Q3 FY26, bringing our total operational portfolio to 2,962 MW, and are on track to achieve our FY26 commissioning guidance of 450 MW — Manoj Kumar”
“EBITDA margin of 91.5% reflects our operational excellence and the inherent advantage of long-term PPAs with state DISCOMs — Tarun Kapoor”
“We have approximately 1.5 GW of contracted renewable capacity and 10 GWh of BESS to commission by CY2027, providing strong revenue visibility — Rajesh Sharma”
“We expect to maintain EBITDA margins above 90% while commissioning 450 MW this fiscal year and expanding our BESS portfolio — Tarun Kapoor”
Forward-looking targets from management for FY27
Revenue Growth Target
35%
Implied PAT Growth
30%
OPM Guidance
90%
Capex Plan
₹3200 Cr
Key Milestones
• 450 MW capacity by March 2026
• 10 GWh BESS by CY2027
• Debt cost below 8.5%
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +42% | -2% | Stable |
| PAT (Net Profit) | +2% | +59% | Inflection Up |
| OPM | 89.0% | +100 bps | Expanding |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Mar 28, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
ACME Solar Holdings Ltd's latest quarterly results (Dec 2025) show
ACME Solar Holdings Ltd's profit is growing with an turning around (inflection up) trend.
ACME Solar Holdings Ltd's revenue growth trend is stable.
ACME Solar Holdings Ltd's operating margin is expanding.
ACME Solar Holdings Ltd's long-term compounding rates
ACME Solar Holdings Ltd's earnings growth is turning around (inflection up) with mixed signals on a sequential basis.
ACME Solar Holdings Ltd's trailing twelve month (TTM) performance
ACME Solar Holdings Ltd appears overvalued based on our fair value analysis.
ACME Solar Holdings Ltd's current PE ratio is 32.5x.
ACME Solar Holdings Ltd's current PE is 32.5x.
ACME Solar Holdings Ltd's price-to-book ratio is 3.4x.
ACME Solar Holdings Ltd is rated Weak with a fundamental score of 39.13/100. This score is calculated from objective financial metrics
ACME Solar Holdings Ltd has a debt-to-equity ratio of N/A.
ACME Solar Holdings Ltd's return ratios over recent years
ACME Solar Holdings Ltd's operating cash flow is positive (FY2025).
ACME Solar Holdings Ltd's current dividend yield is 0.07%.
ACME Solar Holdings Ltd's shareholding pattern (Dec 2025)
ACME Solar Holdings Ltd's promoter holding has decreased recently.
ACME Solar Holdings Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.
ACME Solar Holdings Ltd is a new entry this week — it just started outperforming Nifty 500. New entries are worth monitoring for follow-through.
ACME Solar Holdings Ltd has 3 key growth catalysts identified from recent earnings analysis
ACME Solar Holdings Ltd has 2 key risks worth monitoring
In Q3 FY26, ACME Solar Holdings Ltd's management highlighted
ACME Solar Holdings Ltd's management has provided the following forward guidance for FY27
Based on quantitative research signals, here is why ACME Solar Holdings Ltd may be worth studying
ACME Solar Holdings Ltd investment thesis summary:
ACME Solar Holdings Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
