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    Acme Solar Holdings Limited

    Renewable IPP that develops, owns and operates solar, wind, hybrid, FDRE and battery-storage plants in India.

    Power
    Utilities
    View ACMESOLAR earnings calls
    ₹385.25
    +14.93% from avg

    Overview

    Price

    ₹385.25

    Market Cap

    ₹25.6k Cr

    Sector

    Power

    Utilities

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital104104104104104121121121
    Reserves1.1k1.8k1.8k1.8k2.5k4.4k4.7k4.9k
    Borrowings10.6k9.7k7.9k9.0k8.5k11.0k13.0k19.9k
    Other Liabilities3.7k9009731.1k2.1k2.7k2.6k3.6k
    Total Liabilities15.5k12.5k10.8k12.0k13.2k18.1k20.4k28.5k
    AssetsFixed Assets9.7k9.0k6.2k6.6k6.8k12.3k13.7k15.7k
    CWIP220971.3k2.1k2.8k1.4k1.4k4.4k
    Investments0252523150275275275
    Other Assets5.6k3.4k3.3k3.2k3.5k4.2k5.1k8.2k
    Total Assets15.5k12.5k10.8k12.0k13.2k18.1k20.4k28.5k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating9221.7k9551.3k1.4k1.5k1.2k
    Cash from Investing-1.4k458-425-1.4k-1.9k-4.0k-7.3k
    Cash from Financing474-2.0k-5562152163.4k7.0k
    SummaryCapital Expenditure
    Free Cash Flow-1.3k1.6k-496495-1.4k-1.7k-4.1k
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    ACMESOLAR · CAPITAL_INTENSIVE

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