ACME Solar Holdings Key Ratios
NSE: ACMESOLAR | BSE: 544283
₹404.80
As on 30-Oct-2026IST
Market cap
₹28,621 Cr
Revenue (TTM)
₹2,789 Cr
P/E Ratio
37.8
P/B Ratio
3.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.44 | 89.63 | 53.70 | 16.04 | 3.65 |
| EBIT | 0.29 | 105.48 | 52.88 | 24.06 | 7.13 |
| Net Profit | 14.05 | 139.77 | 46.88 | 441.60 | 100.90 |
| EPS | 13.99 | 99.91 | 42.27 | 208.66 | 41.43 |
| Book Value | -- | -- | 10.76 | -11.81 | -6.61 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 63.87 | 58.28 | 66.00 | 64.92 | 67.48 |
| Net Margin
| 27.79 | 17.42 | 23.03 | 19.86 | 15.92 |
| Return on equity
| 20.69 | 13.37 | 11.12 | 10.53 | 7.80 |
| Return on Capital
| 11.15 | 10.40 | -- | 9.23 | 8.53 |
| Return on Assets
| 3.10 | 1.96 | 2.48 | 2.15 | 1.60 |
| Debt to Equity (x)
| -- | -- | 2.88 | 3.82 | 2.32 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
--
|
9.23
|
8.53
|
15.70
|
7.93
|
|
Peer Median
|
--
|
8.69
|
9.29
|
8.17
|
--
|
ROE
11.12
Lower than Peers by 3.14
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
11.12
|
10.53
|
7.80
|
43.73
|
-0.25
|
|
Peer Median
|
14.26
|
10.53
|
29.56
|
15.44
|
--
|
ROA
2.48
Lower than Peers by 0.94
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
2.48
|
2.15
|
1.60
|
5.55
|
-0.03
|
|
Peer Median
|
3.42
|
2.15
|
5.55
|
2.00
|
--
|
EBIT Margin
66.00
Higher than Peers by 37.88
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
66.00
|
64.92
|
67.48
|
59.20
|
53.12
|
|
Peer Median
|
28.12
|
60.94
|
29.00
|
23.02
|
--
|
Net Margin
23.03
Higher than Peers by 7.33
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
23.03
|
19.86
|
15.92
|
47.59
|
-0.23
|
|
Peer Median
|
15.70
|
14.28
|
16.90
|
15.70
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
--
|
47.73
|
38.30
|
76.25
|
37.19
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
53.70
Higher than Peers by 8.47
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
53.70
|
44.00
|
6.51
|
1.88
|
-12.97
|
|
Peer Median
|
45.23
|
49.22
|
82.29
|
139.52
|
--
|
EBIT Growth
52.88
Lower than Peers by 2.08
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
52.88
|
38.54
|
21.40
|
13.54
|
-0.91
|
|
Peer Median
|
54.96
|
47.00
|
151.61
|
141.62
|
--
|
Net Profit Growth
46.88
Lower than Peers by 10.61
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
46.88
|
98.50
|
-64.05
|
--
|
-105.12
|
|
Peer Median
|
57.49
|
32.95
|
101.22
|
167.54
|
--
|
EPS Growth
42.27
Higher than Peers by 33.37
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
42.27
|
97.80
|
-93.76
|
--
|
-105.06
|
|
Peer Median
|
8.90
|
15.67
|
11.45
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
--
|
10.82
|
131.16
|
55.20
|
-0.65
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
2.88
Higher than Peers by 2.42
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
2.88
|
3.82
|
2.32
|
4.57
|
7.44
|
|
Peer Median
|
0.46
|
2.72
|
1.12
|
2.09
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
--
|
0.13
|
0.04
|
0.02
|
0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.14
Higher than Peers by 1.81
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
3.14
|
2.17
|
2.86
|
2.19
|
2.79
|
|
Peer Median
|
1.32
|
0.97
|
1.27
|
1.10
|
--
|
Quick Ratio
3.13
Higher than Peers by 1.92
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
3.13
|
2.16
|
2.86
|
2.19
|
2.79
|
|
Peer Median
|
1.21
|
1.28
|
2.00
|
1.21
|
--
|
Interest Coverage
1.79
Lower than Peers by 0.38
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
1.79
|
1.60
|
1.45
|
2.19
|
0.98
|
|
Peer Median
|
2.17
|
1.60
|
1.71
|
1.55
|
--
|
Operating Efficiency
Debtors to sales
15.76
Lower than Peers by 6.52
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
15.76
|
16.45
|
27.10
|
31.90
|
54.00
|
|
Peer Median
|
22.28
|
26.57
|
75.51
|
64.85
|
--
|
Asset Turnover
0.09
Lower than Peers by 0.23
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
0.09
|
0.09
|
0.09
|
0.10
|
0.11
|
|
Peer Median
|
0.32
|
0.15
|
0.48
|
0.55
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
--
|
64.38
|
104.13
|
154.96
|
229.83
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
--
|
1.92
|
1.02
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
37.82
Higher than Peers by 22.25
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
37.82
|
31.73
|
46.08
|
--
|
--
|
|
Peer Median
|
15.57
|
105.80
|
69.96
|
66.31
|
--
|
Price / Book Value
3.42
Lower than Peers by 0.19
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
3.42
|
3.18
|
2.59
|
--
|
--
|
|
Peer Median
|
3.61
|
3.42
|
4.08
|
12.14
|
--
|
Dividend Yield
0.05
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
0.05
|
0.08
|
0.10
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
15.34
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
15.34
|
12.65
|
13.61
|
6.19
|
6.52
|
|
Peer Median
|
--
|
31.56
|
31.23
|
26.54
|
--
|
Market Cap
28,621
Higher than Peers by 641
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
ACME Solar Holdings
|
28,621
|
15,831
|
11,618
|
--
|
--
|
|
Peer Median
|
27,980
|
14,612
|
12,411
|
10,148
|
--
|