ACME Solar Hold.

Market Cap: Mid Cap
Industry: Renewable Energy
ISIN: INE622W01025
NSEID: ACMESOLAR
BSEID: 544283

INR

198.45

3.05 (1.56%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.17 lacs

Click here to access the older version

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.17 lacs (-70.95%) Volume

Shareholding (Dec 2024)

FII

5.54%

Held by 46 FIIs

DII

6.97%

Held by 18 DIIs

Promoter

83.41%

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 0.52%

Poor long term growth as Net Sales has grown by an annual rate of 1.90% and Operating profit at 13.55% over the last 5 years
Low ability to service debt as the company has a high Debt to EBITDA ratio of 36.92 times

Negative results in Dec 24

With ROCE of 7.1, it has a Very Expensive valuation with a 1.9 Enterprise value to Capital Employed

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Renewable Energy

Market cap

INR 12,008 Cr (Mid Cap)

P/E

96.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

4.65

Return on Equity

6.30%

Price to Book

6.04

Revenue and Profits (1 Year):

Net Sales:

349 Cr

(Quarterly Results - Dec 2024)

Net Profit:

112 Cr

Total Returns

Total Returns (Price + Dividend)

Company does not have enough history

Risk Adjusted Returns v/s Sensex

Returns Beta

Beta has not been calculated since enough price history is not available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

1.90%

EBIT Growth (5y)

13.55%

EBIT to Interest (avg)

0.93

Debt to EBITDA (avg)

9.82

Net Debt to Equity (avg)

0.56

Sales to Capital Employed (avg)

0.10

Tax Ratio

23.27%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

12.51%

ROCE (avg)

7.06%

ROE (avg)

3.14%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

6.04

EV to EBIT

26.79

EV to EBITDA

19.21

EV to Capital Employed

1.89

EV to Sales

15.86

PEG Ratio

Dividend Yield

ROCE (Latest)

7.06%

ROE (Latest)

6.30%

Tecnicals key factors

Indicator

Weekly

Monthly

MACD

RSI

No Signal

Bollinger Bands

Mildly Bearish

KST

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2024

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 8 Schemes (4.32%)

FIIs

Held by 46 FIIs (5.54%)

Promoter with highest holding

Acme Cleantech Solutions Pvt Ltd (83.41%)

Highest Public shareholder

Nippon Life India Trustee Ltd (1.07%)

Individual Investors Holdings

3.67%

Financial

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        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -35.94% vs 17.81% in Sep 2024",
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        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -96.72% vs -69.98% in Sep 2024",
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        "Dec'24",
        "Sep'24",
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          "val2": "435.17",
          "chgp": "-35.94%",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4.63",
          "val2": "70.21",
          "chgp": "-93.41%",
          "chgp_class": "negative"
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        {
          "field": "Interest",
          "val1": "47.42",
          "val2": "48.24",
          "chgp": "-1.70%",
          "chgp_class": "positive"
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        {
          "field": "Exceptional Items",
          "val1": "1.85",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Standalone Net Profit",
          "val1": "1.50",
          "val2": "45.69",
          "chgp": "-96.72%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.66%",
          "val2": "16.13%",
          "chgp": "-14.47%",
          "chgp_class": "negative"
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      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
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      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
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          "field": "Net Sales",
          "val1": "804.54",
          "val2": "198.73",
          "chgp": "304.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "282.50",
          "val2": "-17.44",
          "chgp": "1,719.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "91.99",
          "val2": "91.36",
          "chgp": "0.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "46.54",
          "chgp": "-100.00%",
          "chgp_class": "negative"
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        {
          "field": "Standalone Net Profit",
          "val1": "197.89",
          "val2": "15.71",
          "chgp": "1,159.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "35.11%",
          "val2": "-8.78%",
          "chgp": "43.89%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
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      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
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    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
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          "field": "Net Sales",
          "val1": "1,083.32",
          "val2": "281.10",
          "chgp": "285.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "287.13",
          "val2": "-36.58",
          "chgp": "884.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "139.41",
          "val2": "136.46",
          "chgp": "2.16%",
          "chgp_class": "negative"
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        {
          "field": "Exceptional Items",
          "val1": "1.85",
          "val2": "90.53",
          "chgp": "-97.96%",
          "chgp_class": "negative"
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        {
          "field": "Standalone Net Profit",
          "val1": "199.39",
          "val2": "15.89",
          "chgp": "1,154.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.50%",
          "val2": "-13.01%",
          "chgp": "39.51%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 0.48% vs -38.24% in Mar 2023",
        "dir": 1
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      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 1,486.98% vs -120.80% in Mar 2023",
        "dir": 1
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        "Mar'24",
        "Mar'23",
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          "field": "Operating Profit (PBDIT) excl Other Income",
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          "field": "Interest",
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          "val2": "153.42",
          "chgp": "17.06%",
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          "val1": "619.82",
          "val2": "0.00",
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          "chgp_class": "neutral"
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          "field": "Standalone Net Profit",
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          "val2": "-30.25",
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          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "-5.81%",
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          "chgp_class": "negative"
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      ]
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Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ

Dec'24

Sep'24

Change(%)

Net Sales

278.78

435.17

-35.94%

Operating Profit (PBDIT) excl Other Income

4.63

70.21

-93.41%

Interest

47.42

48.24

-1.70%

Exceptional Items

1.85

0.00

Standalone Net Profit

1.50

45.69

-96.72%

Operating Profit Margin (Excl OI)

1.66%

16.13%

-14.47%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2024 is -35.94% vs 17.81% in Sep 2024

Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -96.72% vs -69.98% in Sep 2024

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'24

Sep'24

Sep'23

Change(%)

Net Sales

804.54

198.73

304.84%

Operating Profit (PBDIT) excl Other Income

282.50

-17.44

1,719.84%

Interest

91.99

91.36

0.69%

Exceptional Items

0.00

46.54

-100.00%

Standalone Net Profit

197.89

15.71

1,159.64%

Operating Profit Margin (Excl OI)

35.11%

-8.78%

43.89%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

1,083.32

281.10

285.39%

Operating Profit (PBDIT) excl Other Income

287.13

-36.58

884.94%

Interest

139.41

136.46

2.16%

Exceptional Items

1.85

90.53

-97.96%

Standalone Net Profit

199.39

15.89

1,154.81%

Operating Profit Margin (Excl OI)

26.50%

-13.01%

39.51%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'24

Mar'24

Mar'23

Change(%)

Net Sales

470.84

468.59

0.48%

Operating Profit (PBDIT) excl Other Income

-55.70

-27.23

-104.55%

Interest

179.60

153.42

17.06%

Exceptional Items

619.82

0.00

Standalone Net Profit

419.56

-30.25

1,486.98%

Operating Profit Margin (Excl OI)

-11.83%

-5.81%

-6.02%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2024 is 0.48% vs -38.24% in Mar 2023

Standalone Net Profit

YoY Growth in year ended Mar 2024 is 1,486.98% vs -120.80% in Mar 2023

All Annual Results

Company CV

About ACME Solar Holdings Ltd

ACME Solar Holdings Ltd

Mid Cap

Renewable Energy

ACME Solar Holdings Limited was incorporated as a Private Limited Company with the name "ACME Solar Holdings Private Limited" on June 3, 2015. Upon the conversion of the status to Public Limited Company, the Company name got changed to "ACME Solar Holdings Limited" on May 12, 2017 vide fresh Certificate of Incorporation on May 12, 2017 issued by the RoC.

Company Coordinates

No Company Details Available