+
ACME Solar Reports Strong FY26 Results
POWER & RENEWABLE ENERGY

ACME Solar Reports Strong FY26 Results

ACME Solar Holdings reported consolidated total revenue of Rs 25.07 billion for the year ended March, up 59.2 per cent year on year, with EBITDA of Rs 22.65 billion, up 61.2 per cent. Profit after tax for FY26 was Rs 4.98 billion, an increase of 98.5 per cent. Cash PAT was Rs 9.63 billion, up 72.3 per cent.

Quarterly total revenue rose to Rs 7.05 billion, up 30.7 per cent from the prior year quarter. EBITDA margin stood at 90.2 per cent in Q4 while the full year margin was 90.3 per cent, reflecting operating leverage and optimisation of operational efficiency. Cash return on equity stood at 20.1 per cent for FY26.

The group commissioned one of India’s largest battery energy storage systems totalling two point three GWh, delivering net realisation of Rs 22 million per day as of date. The company fully commissioned a 100 MW wind project, taking operational capacity to 2,990 MW. Cumulative PPA signed capacity in FY26 stood at 3,280 MW while standalone BESS signings reached 550 MWh.

New project wins included a 301 MW FDRE award with SECI, taking under construction capacity to 5,081 MW and total portfolio to 8,071 MW including circa 17 GWh of BESS. The group tied up debt of over Rs 150 billion for about one point five GW of under construction projects during the year. Refinancing of Rs 33 billion for around 850 MW of operational projects reduced the effective interest rate by approximately 150 basis points and included a top up of Rs 6.5 billion.

Operationally the company generated 6,464 million units in FY26, up 61.1 per cent, with 1,720 million units produced in Q4. Capacity utilisation averaged 25.9 per cent for the year and plant availability and grid availability were 99.5 per cent and 99.2 per cent respectively. Management noted that forward looking statements may be subject to risks and uncertainties.

ACME Solar Holdings reported consolidated total revenue of Rs 25.07 billion for the year ended March, up 59.2 per cent year on year, with EBITDA of Rs 22.65 billion, up 61.2 per cent. Profit after tax for FY26 was Rs 4.98 billion, an increase of 98.5 per cent. Cash PAT was Rs 9.63 billion, up 72.3 per cent. Quarterly total revenue rose to Rs 7.05 billion, up 30.7 per cent from the prior year quarter. EBITDA margin stood at 90.2 per cent in Q4 while the full year margin was 90.3 per cent, reflecting operating leverage and optimisation of operational efficiency. Cash return on equity stood at 20.1 per cent for FY26. The group commissioned one of India’s largest battery energy storage systems totalling two point three GWh, delivering net realisation of Rs 22 million per day as of date. The company fully commissioned a 100 MW wind project, taking operational capacity to 2,990 MW. Cumulative PPA signed capacity in FY26 stood at 3,280 MW while standalone BESS signings reached 550 MWh. New project wins included a 301 MW FDRE award with SECI, taking under construction capacity to 5,081 MW and total portfolio to 8,071 MW including circa 17 GWh of BESS. The group tied up debt of over Rs 150 billion for about one point five GW of under construction projects during the year. Refinancing of Rs 33 billion for around 850 MW of operational projects reduced the effective interest rate by approximately 150 basis points and included a top up of Rs 6.5 billion. Operationally the company generated 6,464 million units in FY26, up 61.1 per cent, with 1,720 million units produced in Q4. Capacity utilisation averaged 25.9 per cent for the year and plant availability and grid availability were 99.5 per cent and 99.2 per cent respectively. Management noted that forward looking statements may be subject to risks and uncertainties.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code