ACME Solar Share Price Falls Over 3.5% From Intraday High Despite Company Reports Nearly Double FY26 PAT

The Indian equity markets opened lower on Friday, with the benchmark Nifty 50 index down by 0.47 per cent at Rs 24,212.95 in early trade. Despite weakness in frontline indices, stock-specific action remained visible in select renewable energy counters after quarterly earnings announcements. In this segment, ACME Solar remained in focus after the company reported its Q4FY26 and FY26 financial results. However, ACME Solar Holdings share price traded lower by 0.39 per cent at Rs 297.40 on Friday.

ACME Solar Holdings Q4FY26 Results

ACME Solar Holdings reported consolidated revenue from operations of Rs 547.85 crore in Q4FY26 as against Rs 486.89 crore in Q4FY25, registering a growth of 12.5 per cent YoY. Total income for the quarter stood at Rs 704.91 crore compared to Rs 539.25 crore in the corresponding quarter previous year, reflecting a growth of 30.7 per cent YoY.

Profit before Tax came in at Rs 189.96 crore in Q4FY26 as against Rs 166.27 crore reported in Q4FY25, registering a growth of 14.2 per cent YoY. Profit after tax for the quarter stood at Rs 138.31 crore compared to Rs 122.08 crore in the year-ago quarter, reflecting a growth of 13.3 per cent YoY. Earnings per share for the quarter stood at Rs 2.30 as against Rs 2.15 in Q4FY25.

ACME Solar Holdings FY26 Annual Performance

For the financial year ended March 31, 2026, ACME Solar Holdings reported consolidated revenue from operations of Rs 2,023.38 crore as against Rs 1,405.13 crore in FY25, registering a growth of 44.0 per cent YoY. Total income for FY26 stood at Rs 2,507.08 crore compared to Rs 1,575.24 crore in the previous financial year, reflecting a growth of 59.2 per cent YoY.

Profit before tax stood at Rs 676.82 crore in FY26 compared to Rs 338.04 crore in FY25, marking a growth of 100.2 per cent YoY. Profit after tax came in at Rs 497.89 crore as against Rs 250.82 crore in FY25, registering a growth of 98.5 per cent YoY. Annual earnings per share stood at Rs 8.24 compared to Rs 4.55 in the previous financial year.

Other Corporate Developments

The Board approved amendments to the ACME Employee Stock Option Plan 2024 and also approved grant of stock options to employees of subsidiary and holding companies through postal ballot. The company also re-appointed M/s AAPT & Associates as Internal Auditors for a period of six months from April 1, 2026 to September 30, 2026.

During the quarter, the company also announced the resignation of Group Chief Financial Officer Rajat Kumar Singh with effect from May 8, 2026 and appointed Arun Chopra as the new Chief Financial Officer of the company.

Dividend & Balance Sheet Update

During FY26, the Board of Directors of the company paid an interim dividend of Rs 0.20 per equity share on April 25, 2025 and January 29, 2026, amounting to a total payout of Rs 24.21 crore.

On the balance sheet front, consolidated total assets increased to Rs 28,540.31 crore as on March 31, 2026 from Rs 18,403.74 crore a year ago. Total equity attributable to shareholders stood at Rs 5,061.48 crore compared to Rs 4,509.28 crore in FY25, reflecting continued expansion in the company’s renewable energy portfolio.

About ACME Solar Holdings 

ACME Solar Holdings Ltd is a renewable energy company engaged in the development, Construction, ownership and operation of utility-scale solar, wind, hybrid and firm & dispatchable renewable energy projects across India. The company primarily generates revenue through sale of electricity under long-term power purchase agreements.

The company has a diversified renewable energy portfolio spread across multiple Indian states and operates through several project subsidiaries. ACME Solar Holdings is also expanding its presence in hybrid renewable and energy storage solutions to strengthen its position in India’s clean energy sector.

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Disclaimer: This article is for informational purposes only and not investment advice.