ACME Solar Holdings Peer Comparison
NSE: ACMESOLAR | BSE: 544283
₹436.90
As on 28-Sep-2026 10:19IST
Market cap
₹31,258 Cr
Revenue (TTM)
₹2,370 Cr
P/E Ratio
51.8
P/B Ratio
3.9
Div. Yield
0 %
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
31,258 | 8,693 | 6,707 | 2,447 | 143 |
Revenue (₹ Cr) |
2,370 | 3,652 | 2,787 | 17 | 37 |
Net Profit (₹ Cr) |
602.41 | 511.22 | 492.55 | 3.93 | -0.47 |
Net Margin (%) |
20.94 | 13.92 | 17.36 | 14.53 | -1.24 |
RoE (%) |
11.98 | 63.82 | 16.05 | 4.45 | -0.11 |
Price to Earnings |
51.80 | 17.11 | 14.65 | 623.01 | -- |
Price-To-Book |
3.90 | 8.26 | 2.25 | 26.62 | 0.46 |
Income Statement (₹ Cr)
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Operating Revenue
|
2,369.90 | 3,652.49 | 2,786.81 | 17.02 | 37.09 |
|
Total Income
|
2,876.86 | 3,673.36 | 2,837.22 | 27.03 | 37.64 |
|
Total Expenditure
|
312.11 | 2,955.45 | 1,789.00 | 20.49 | 25.11 |
|
EBITDA
|
2,057.79 | 697.04 | 997.81 | -3.47 | 11.99 |
|
Depreciation
|
515.15 | 12.17 | 154.30 | 0.50 | 8.19 |
|
EBIT
|
1,542.64 | 684.87 | 843.51 | -3.97 | 3.80 |
|
Interest
|
1,234.30 | 19.31 | 223.89 | 0.13 | 2.95 |
|
Other Income
|
506.97 | 20.87 | 50.41 | 10.01 | 0.55 |
|
Exceptional Items
|
18.59 | 0.00 | 2.55 | 0.00 | -0.77 |
|
Profit before Tax
|
833.90 | 686.43 | 672.58 | 5.91 | 0.62 |
|
Provision for Tax
|
231.49 | 175.20 | 180.03 | 1.99 | 1.09 |
|
Profit after Tax
|
602.41 | 511.22 | 492.55 | 3.93 | -0.47 |
Liabilities (₹ Cr)
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
5,061.48 | 934.35 | 3,034.00 | 88.67 | 307.41 |
|
Minority Interest
|
1.02 | -3.07 | -34.76 | 0.00 | 0.17 |
|
Non-Current Liabilities
|
20,259.98 | 111.10 | 4,567.98 | 0.51 | 37.55 |
|
Current Liabilities
|
3,220.16 | 1,328.87 | 2,040.73 | 27.93 | 2.05 |
|
Total Liabilities
|
28,145.34 | 2,373.79 | 9,881.99 | 117.10 | 348.46 |
Assets (₹ Cr)
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
19,691.49 | 376.71 | 5,471.47 | 38.09 | 265.79 |
|
Current Assets
|
6,985.74 | 1,789.63 | 3,344.64 | 74.06 | 42.48 |
|
Total Assets
|
28,145.34 | 2,373.79 | 9,881.99 | 117.10 | 348.46 |
|
Total Debt*
|
18,988.05 | 81.67 | 4,531.95 | 24.00 | 9.54 |
|
Net Current Assets
|
3,765.58 | 460.76 | 1,303.91 | 46.14 | 40.43 |
|
Contingent Liabilities
|
202.63 | 38.02 | 31.49 | -- | 18.64 |
Cashflow (₹ Cr)
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,248.59 | 286.95 | 481.95 | 4.38 | 2.77 |
|
Cash Flow from Investing Activities
|
-7,317.38 | -264.48 | -4,128.73 | -4.02 | -33.80 |
|
Cash from Financing Activities
|
7,015.46 | 22.55 | 3,642.90 | -0.15 | 38.55 |
|
Net Cash Inflow / Outflow
|
946.67 | 45.02 | -3.87 | 0.20 | 7.52 |
Ratios
Profitability Ratios
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
ROCE (%)
|
9.23 | 87.12 | 15.71 | 4.48 | 1.45 |
|
ROE (%)
|
11.98 | 63.82 | 16.05 | 4.45 | -0.11 |
|
ROA (%)
|
2.57 | 29.26 | 6.71 | 3.42 | -0.14 |
|
EBIT Margin (%)
|
65.09 | 18.75 | 30.27 | -23.33 | 10.23 |
|
Net Margin (%)
|
20.94 | 13.92 | 17.36 | 14.53 | -1.24 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
47.52 | 85.92 | 40.01 | -26.93 | -5.38 |
|
EBIT Growth (%)
|
42.54 | 80.09 | 50.19 | -2,839.31 | -32.02 |
|
Net Profit Growth (%)
|
58.42 | 78.03 | 32.95 | -47.77 | -117.93 |
|
EPS Growth (%)
|
34.24 | 74.82 | 15.67 | -58.30 | -70.78 |
|
Book Value Growth (%)
|
10.82 | 105.55 | 20.11 | 3.72 | 17.11 |
Valuation Ratios
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Price / Earnings
|
48.16 | 17.10 | 14.69 | 632.28 | 163.85 |
|
Price / Book Value
|
3.90 | 8.26 | 2.25 | 26.62 | 0.46 |
|
Dividend Yield (%)
|
0.05 | 0.00 | 0.31 | 0.00 | 0.00 |
|
EV/EBITDA
|
21.42 | 12.04 | 10.50 | -706.72 | 10.93 |
|
Market Cap (₹ Cr)
|
15,830.92 | 8,162.98 | 6,935.50 | 1,766.86 | 113.83 |
Solvency Ratios
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Debt to Equity
|
3.31 | 0.02 | 1.21 | 0.00 | 0.03 |
|
Short term debt to equity ratio
|
0.13 | 0.06 | 0.25 | 0.27 | 0.00 |
|
Current Ratio
|
2.17 | 1.35 | 1.64 | 2.65 | 20.70 |
|
Quick Ratio
|
2.16 | 1.26 | 0.93 | 2.22 | 19.83 |
|
Interest Coverage
|
1.68 | 36.54 | 4.00 | 48.31 | 1.21 |
Operating Efficiency Ratios
| ACME Solar Holdings | Waaree Renewable | KPI Green Energy | Ujaas Energy | Indowind Energy | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
14.05 | 32.09 | 26.57 | 130.38 | 10.30 |
|
Asset Turnover
|
0.10 | 2.09 | 0.38 | 0.15 | 0.11 |
|
Receivable days
|
64.38 | 91.47 | 89.26 | 505.64 | 41.80 |
|
Inventory Days
|
1.92 | 6.75 | 129.66 | 269.52 | 15.19 |
|
Payable days
|
-- | 71.10 | 113.45 | 59.90 | -2,123.57 |
|
Cash Conversion Cycle
|
-- | 27.12 | 105.47 | 715.26 | 2,180.57 |