Summary: ACME Solar Holdings delivered a stellar Q1 FY26 performance, driven by strong capacity additions and higher power generation. Revenue and profit saw sharp growth, with PAT surging over 9,300% YoY, supported by improved margins and operational efficiency.
The ACME Solar Holdings share price registered solid gains in early trading on Monday, July 28, following the company’s phenomenal Q1FY26 financial performance.
Below are the key highlights of its quarterly results
ACME Solar Holdings delivered an impressive financial performance for the first quarter of FY26, marked by strong revenue growth and exceptional profitability.
The company's total revenue for Q1FY26 surged by 71.8% year-on-year to ₹584 crore, driven primarily by capacity additions and improved Capacity Utilisation Factor (CUF). This operational strength was reflected in a sharp 107.1% increase in power generation, which rose to 1,636 million units (MUs) during the quarter.
Earnings before interest, tax, depreciation, and amortisation (EBITDA) also witnessed robust growth, rising 75.7% YoY to ₹531 crore. As a result, the EBITDA margin improved to 90.9%, up from 88.8% in the same period last year. The improvement in margins was attributed to favourable operating leverage and better operational efficiency.
Profit After Tax (PAT) saw an extraordinary jump of 9,318.6% YoY, reaching ₹131 crore in Q1 FY26, compared to ₹1.4 crore in Q1FY25. Consequently, the PAT margin stood at 22.4% for the quarter, underlining the company’s significantly enhanced profitability.
The management credited this strong financial performance to the successful scaling of its operations and strategic efficiency measures, positioning Acme Solar for continued growth in the renewable energy sector.
In Q1 FY26, ACME Solar commissioned 350 MW of new capacity, including 300 MW at Acme Sikar (solar), contracted with SECI, and 50 MW at Acme Pokhran (wind), contracted with GUVNL. Additionally, 100 MW of wind capacity at Acme Eco Clean is in advanced stages of construction. During the quarter, the company also secured its maiden standalone Battery Energy Storage System (BESS) project of 550 MWh, contracted with NHPC. With this, Acme Solar’s total contracted portfolio now stands at 6,970 MW of renewable energy projects along with 550 MWh of standalone BESS capacity
As of 11:10 AM on Monday, July 28, ACME Solar Holdings’ share was trading at ₹291.70, up 7.92% for the day. On a year-to-date (YTD) basis, the stock has delivered a return of 23.82%. Over the past one year, it has gained 16.18%, while in the last six months, the stock has delivered an impressive return of 65.68%.
Check ACME Solar Holdings Share Price history and what resulted the price movement
Disclaimer: The article is for informational purposes only and not investment advice.
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