Company Financial Rusult In Crore

About The Company

ACME Solar Holdings Limited, incorporated in June 2015, stands among Indias premier renewable energy power producers, specializing in wind and solar energy generation. With expertise in large-scale renewable project development, ACME Solar Holdings focuses on a full-cycle approach: from engineering and procurement to construction and ongoing operations. The companys in-house EPC (engineering, procurement, and construction) and O&M (operation and maintenance) teams ensure optimal performance and longevity of its extensive renewable portfolio.

ACME Solar Holdings generates revenue by supplying electricity to diverse clients, including entities backed by central and state governments, establishing long-term revenue stability. Thus the company has long-term earning capacity. The company portfolio includes 1,320 MW (1,802 MWp) of operational solar project capacity as of March 31, 2024. 1,650 MW of solar and wind projects are under development. Besides, its won project capacity is 2,380 MW diversified in solar, hybrid, and FDRE project types, and underlines leading positions by the adoption of the most modern renewable technologies.

ACME Solars strengths include its position as one of India largest independent renewable power producers, a diversified technology portfolio, and a robust, integrated project development strategy. Contracts with government-backed entities further strengthen ACME revenue base, while access to varied funding channels and superior design and engineering deliver industry-leading efficiencies. The experienced leadership team and a dedicated workforce of 214 professionals contribute to the companys dynamic growth in India fast-evolving renewable energy sector.

With a steadfast commitment to sustainable energy, ACME Solar Holdings Limited continues to expand its footprint in India, driving the country renewable energy transformation and reinforcing its status as a powerhouse in clean energy.

ACME Solar Holdings - Strength and Weakness

Strength

1. One of India largest renewable energy IPPs with 1,320 MW operational capacity.
2. Strong project pipeline with 2,220 MW under construction contracted capacity.
3. Diverse portfolio across solar, wind, hybrid, and FDRE technologies.

Weakness

1. Concentrated revenue risk: 63.22% of revenue from Andhra Pradesh, Rajasthan, and Telangana.
2. Dependence on government-owned transmission grids and infrastructure.
3. Growth relies on winning highly competitive project bids.

Disclaimer:-

No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matters published here are purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not SEBI-registered analysts. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. The information in the App is based on information available as on date coupled with market perceptions. You agree with the terms and conditions to use the App.