ACME Solar Holdings Ltd is a prominent renewable energy Independent Power Producer (IPP) in India, ranking among the top 10 renewable energy players in the country. With a robust operational capacity of 3,668 MWp as of March 31, 2024, the company has successfully commissioned solar power projects across 12 states, showcasing its extensive geographical reach and operational expertise. Over the years, ACME Solar has diversified its portfolio to include solar, wind, hybrid, and floating solar projects, aligning with evolving energy demands and technological advancements. Their current portfolio boasts a total capacity of 6,320 MW, reflecting their commitment to expanding India’s renewable energy footprint and contributing to energy sustainability.
Dedicated to India’s clean energy mission, ACME Solar is focused on achieving net-zero emissions through innovative and sustainable practices. The company emphasizes reducing its environmental footprint by lowering water usage and carbon emissions, positioning itself as a responsible leader in the renewable energy sector. Beyond energy production, ACME Solar invests in community empowerment initiatives, fostering social and economic development in the regions they operate. This holistic approach underscores their commitment to environmental stewardship and societal well-being, solidifying their role as a key player in driving India’s transition to a greener future.
Latest News on ACME Solar Holdings
ACME Solar Holdings Ltd has secured a significant ₹1,988 crore loan from the Power Finance Corporation (PFC) to fund its ambitious 300 MW solar-wind hybrid power project. This innovative project is strategically designed to harness solar energy in Bikaner, Rajasthan, and wind energy in Bhuj, Gujarat, capitalizing on the unique climatic conditions of these regions. By integrating solar and wind energy generation, the project aims to enhance energy reliability, optimize resource utilization, and contribute to India’s clean energy mission. Expected to commence operations before June 2025, this initiative reflects ACME Solar’s commitment to advancing sustainable energy solutions while reinforcing its position as a leading renewable energy player in the country. The project also highlights ACME’s dedication to innovation and its strategic vision to diversify its portfolio, strengthening its contribution to achieving India’s renewable energy targets and reducing carbon emissions.
Below are the trading platforms that you can use to purchase ACME Solar Holdings shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
When | Maximum Price | Minimum Price |
January 2025 | 281.75 | 216.73 |
February 2025 | 284.60 | 218.92 |
March 2025 | 290.58 | 223.52 |
April 2025 | 287.70 | 221.31 |
May 2025 | 279.32 | 214.86 |
June 2025 | 291.89 | 224.53 |
July 2025 | 286.17 | 220.13 |
August 2025 | 295.02 | 226.94 |
September 2025 | 298.56 | 229.66 |
October 2025 | 306.32 | 235.63 |
November 2025 | 313.98 | 241.52 |
December 2025 | 328.11 | 252.39 |
As we move through 2025, ACME Solar Holdings’ stock prices are expected to show steady growth. In January, prices may range from ₹216.73 to ₹281.75, gradually rising to ₹328.11 at the maximum and ₹252.39 at the minimum by December.
When | Maximum Price | Minimum Price |
January 2026 | 337.95 | 259.96 |
February 2026 | 329.50 | 253.46 |
March 2026 | 336.09 | 258.53 |
April 2026 | 342.95 | 263.81 |
May 2026 | 339.55 | 261.20 |
June 2026 | 348.04 | 267.73 |
July 2026 | 341.22 | 262.48 |
August 2026 | 351.77 | 270.59 |
September 2026 | 358.81 | 276.01 |
October 2026 | 368.14 | 283.18 |
November 2026 | 377.34 | 290.26 |
December 2026 | 386.77 | 297.52 |
As we step into 2026, ACME Solar Holdings’ stock prices are projected to demonstrate consistent growth throughout the year. In January, prices are expected to range between ₹259.96 and ₹337.95, gradually rising to ₹297.52 at the minimum and ₹386.77 at the maximum by December.
When | Maximum Price | Minimum Price |
January 2027 | 390.64 | 300.49 |
February 2027 | 400.66 | 308.20 |
March 2027 | 416.28 | 320.22 |
April 2027 | 408.12 | 313.94 |
May 2027 | 396.23 | 304.79 |
June 2027 | 414.06 | 318.51 |
July 2027 | 405.95 | 312.27 |
August 2027 | 418.50 | 321.92 |
September 2027 | 433.15 | 333.19 |
October 2027 | 444.41 | 341.85 |
November 2027 | 455.52 | 350.40 |
December 2027 | 466.91 | 359.16 |
When | Maximum Price | Minimum Price |
January 2028 | 476.25 | 366.34 |
February 2028 | 488.46 | 375.74 |
March 2028 | 507.51 | 390.39 |
April 2028 | 497.56 | 382.74 |
May 2028 | 483.06 | 371.59 |
June 2028 | 504.80 | 388.31 |
July 2028 | 494.90 | 380.70 |
August 2028 | 510.21 | 392.47 |
September 2028 | 528.07 | 406.21 |
October 2028 | 541.80 | 416.77 |
November 2028 | 555.34 | 427.19 |
December 2028 | 569.23 | 437.87 |
When | Maximum Price | Minimum Price |
January 2029 | 580.61 | 446.62 |
February 2029 | 595.50 | 458.08 |
March 2029 | 618.72 | 475.94 |
April 2029 | 606.59 | 466.61 |
May 2029 | 588.92 | 453.02 |
June 2029 | 615.42 | 473.40 |
July 2029 | 603.36 | 464.12 |
August 2029 | 622.02 | 478.47 |
September 2029 | 643.79 | 495.22 |
October 2029 | 660.53 | 508.10 |
November 2029 | 677.04 | 520.80 |
December 2029 | 693.97 | 533.82 |
When | Maximum Price | Minimum Price |
January 2030 | 707.85 | 544.50 |
February 2030 | 725.99 | 558.46 |
March 2030 | 754.31 | 580.24 |
April 2030 | 739.52 | 568.86 |
May 2030 | 717.98 | 552.29 |
June 2030 | 750.29 | 577.14 |
July 2030 | 735.58 | 565.83 |
August 2030 | 758.33 | 583.33 |
September 2030 | 784.87 | 603.74 |
October 2030 | 805.27 | 619.44 |
November 2030 | 825.41 | 634.93 |
December 2030 | 846.04 | 650.80 |
As we look ahead to 2030, ACME Solar Holdings is poised for remarkable price performance throughout the year. In January, the stock prices are expected to range between ₹544.50 and ₹707.85, showcasing solid momentum in the renewable energy market. By December, the projections indicate an impressive rise, with prices anticipated to span ₹650.80 at the minimum and ₹846.04 at the maximum.
ACME Solar Holdings Financial Condition
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 1,692 | 1,488 | 1,295 | 1,319 |
Expenses + | 139 | 247 | 122 | 230 |
Operating Profit | 1,553 | 1,240 | 1,173 | 1,089 |
OPM % | 92% | 83% | 91% | 83% |
Other Income + | 218 | 404 | 106 | 896 |
Interest | 1,151 | 996 | 809 | 767 |
Depreciation | 622 | 546 | 485 | 308 |
Profit before tax | -1 | 102 | -15 | 910 |
Tax % | -1470% | 39% | -79% | 23% |
Net Profit + | 15 | 62 | -3 | 698 |
EPS in Rs | 1.46 | 5.94 | -0.3 | 66.85 |
Dividend Payout % | 0% | 0% | 0% | 0% |
ACME Solar Holdings has showcased a fluctuating financial performance across the years from March 2021 to March 2024. Despite challenges, the company has maintained its focus on operational efficiency and sustainability in the renewable energy sector. Sales figures exhibited a gradual decline from ₹1,692 crore in March 2021 to ₹1,295 crore in March 2023 but showed signs of recovery, reaching ₹1,319 crore by March 2024. Operating profits, though consistent, reflected a drop from ₹1,553 crore in 2021 to ₹1,089 crore in 2024, while the OPM % fluctuated between 83% and 92%, indicating effective cost management despite varying revenues.
The period also saw significant contributions from other income, peaking at ₹896 crore in 2024, which substantially bolstered profitability. However, interest expenses decreased steadily, and depreciation costs fell from ₹622 crore in 2021 to ₹308 crore in 2024, reflecting optimized financial structuring. The company turned a profit before tax of ₹910 crore in March 2024, a significant improvement from previous years. Net profit surged to ₹698 crore in March 2024, translating to an impressive EPS of ₹66.85, marking a strong turnaround. Despite these gains, ACME Solar Holdings maintained a 0% dividend payout during the period, likely focusing on reinvestment in its renewable energy projects and growth strategies.
FAQs
What is the current market capitalization of ACME Solar Holdings?
As of December 21st, 2024, the market cap is quite strong, standing at ₹14,537 Crores.
ACME Solar Holdings shares are currently trading at ₹240 as of January 3rd, 2025.
Looking ahead, the share price is expected to range between ₹216.73 to ₹328.11 by 2025.
The long-term outlook is optimistic, with a projected range of ₹650.80 to ₹846.04 by December 2030.
What is the current Price-to-Earnings (PE) ratio of ACME Solar Holdings?
Currently, the stock’s PE ratio is at a reasonable 118.
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Conclusion
In conclusion, ACME Solar Holdings showcases strong financial recovery, strategic foresight, and a strong commitment to sustainability. With improved profitability, an expanding renewable energy portfolio of 6,320 MW, and innovative projects like the ₹1,988 crore solar-wind hybrid venture, the company solidifies its position as a leader in India’s clean energy transition. Its focus on efficiency, innovation, and community empowerment ensures continued growth and reinforces its role in driving the nation’s renewable energy goals.
What did we learn?
- 1 Latest News on ACME Solar Holdings
- 2 How to Buy ACME Solar Holdings Shares in India?
- 3 ACME Solar Holdings Share Price Prediction: 2025 – 2030
- 3.1 ACME Solar Holdings Share Price Prediction 2025
- 3.2 ACME Solar Holdings Share Price Prediction 2026
- 3.3 ACME Solar Holdings Share Price Prediction 2027
- 3.4 ACME Solar Holdings Share Price Prediction 2028
- 3.5 ACME Solar Holdings Share Price Prediction 2029
- 3.6 ACME Solar Holdings Share Price Prediction 2030
- 4 ACME Solar Holdings Financial Condition
- 5 FAQs
- 5.1 What is the current market capitalization of ACME Solar Holdings?
- 5.2 What is the current share price of ACME Solar Holdings?
- 5.3 What is the share price target for ACME Solar Holdings in 2025?
- 5.4 What is the share price target for ACME Solar Holdings in 2030?
- 5.5 What is the current Price-to-Earnings (PE) ratio of ACME Solar Holdings?
- 6 Conclusion