| Market Cap | ₹17,964 CrMid-cap |
|---|---|
| Revenue TTM | ₹1,962.4 CrOperating |
| Op. Margin Qtr | 89.47%Quarterly |
| Day RSI | 58.18Neutral Zone |
Key highlights
- Subsidiary ACME Eco Clean Energy Private Limited commissioned 8 MW of wind capacity
- Project location situated at Village Titoda, Surendaranagar district in Gujarat
- Certificate of Commissioning received from Gujarat Energy Development Agency (GEDA)
- Commissioning date officially recorded as May 05, 2026
- Company reinforces its renewable energy portfolio within the utilities sector
Production Commenced — What It Means
ACME Solar Holdings has successfully transitioned an 8 MW wind power facility from development to operational status. Located in Titoda, Gujarat, the project was commissioned by the company's subsidiary, ACME Eco Clean Energy Private Limited. The commissioning was formalized following the receipt of the necessary certificate from the Gujarat Energy Development Agency (GEDA) on May 05, 2026.
This addition strengthens the company’s presence in the wind energy segment, diversifying its historically solar-heavy portfolio. The project represents a localized expansion within Gujarat, a state known for high wind power potential and robust transmission infrastructure.
Path to This Milestone
The commissioning process followed a series of regulatory updates previously communicated by the company in April 2026. This 8 MW unit is part of a broader strategy to scale up renewable capacity across diverse geographies in India. ACME Solar Holdings has been aggressively expanding its asset base since its public listing, focusing on integrated green energy solutions.
The receipt of the GEDA certificate marks the final regulatory hurdle before commercial electricity generation begins, allowing the subsidiary to feed power into the state grid under existing power purchase agreements, thereby formalizing the asset's utility life.
Revenue Impact and Financial Context
- Project contributes to TTM operating revenue which currently stands at ₹1,962.41 crore
- Asset utilizes a high-margin model with the company reporting 89.47% operating profit margins
- Wind capacity adds stable long-term cash flows through regulated electricity sales
- Incremental capacity supports the company's recovery from a 63.87% annual net profit decline
- Promoter holding remains high at 83.29% as the company expands its operational footprint
Sector Tailwinds
India’s renewable energy sector is currently benefiting from favorable government policies and a national target of achieving 500 GW of non-fossil fuel capacity by 2030. The wind energy segment, specifically in Gujarat, is bolstered by the state’s Renewable Energy Policy, which provides incentives for project developers. ACME Solar Holdings, operating within the Green & Renewable Energy industry, is positioned to leverage these tailwinds.
Rising industrial demand for green power and the transition away from thermal energy continue to drive market dynamics for utility-scale developers like ACME, which currently maintains a price-to-book value of 3.67.
| Share price | ₹296.45 |
|---|---|
| Market capitalisation | ₹17,964.03 Cr |
| Revenue (annual) | ₹1,405.13 Cr |
| Net profit (annual) | ₹252.11 Cr |
| Revenue (latest quarter) | ₹496.79 Cr+6.21% vs previous quarter |
| Net profit (latest quarter) | ₹113.71 Cr-1.18% vs previous quarter |
| P/E (TTM) | 37.19×Sector 25.59× |
| Promoter holding | 83.29%0.00% QoQ |
| FII holding | 3.6%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by ACME Solar Holdings Ltd announcing the receipt of commissioning certificate for its 8 MW wind project. Market figures from a third-party data provider.
