ACME Solar Holdings Limited (formerly known as ACME Solar Holdings Private Limited) — Quarter ended 31 March 2026 and year ended 31 March 2026
| S.No. | Particulars | Quarter ended | Year ended | ||||
|---|---|---|---|---|---|---|---|
| 31 March 2026 (Refer Note 5) | 31 December 2025 (Unaudited) | 31 March 2025 (Refer Note 5) | 31 March 2026 (Audited) | 31 March 2025 (Audited) | |||
| I | Revenue from operations | ||||||
| (a) Revenue from EPC Contracts | 23,558.16 | 8,951.55 | 2,523.12 | 38,225.80 | 13,356.31 | ||
| (b) Revenue from O&M Services | 222.96 | 223.37 | 164.70 | 879.50 | 164.70 | ||
| (c) Other Operating Revenue | 0.86 | 1.71 | – | 4.20 | – | ||
| Total revenue from operations ((a)+(b)+(c)) | 23,781.98 | 9,176.63 | 2,687.82 | 39,109.50 | 13,521.01 | ||
| II | Other income | 1,476.69 | 842.99 | 396.61 | 4,463.37 | 1,597.35 | |
| III | Total Income (I+II) | 25,258.67 | 10,019.62 | 3,084.43 | 43,572.87 | 15,118.36 | |
| IV | Expenses | ||||||
| (a) Construction expenses | 19,685.51 | 7,882.72 | 2,113.91 | 32,394.14 | 9,076.18 | ||
| (b) Employee benefits expense | 657.52 | 682.76 | 555.31 | 2,544.45 | 1,362.91 | ||
| (c) Other expenses | 358.95 | 249.50 | 204.71 | 1,198.57 | 396.69 | ||
| Total expenses ((a)+(b)+(c)) | 20,701.98 | 8,814.98 | 2,873.93 | 36,137.16 | 10,835.78 | ||
| V | Profit before finance cost, depreciation and amortisation expenses, taxes and exceptional items ((III)-(IV)) | 4,556.69 | 1,204.64 | 210.50 | 7,435.71 | 4,282.58 | |
| VI | Finance costs | 996.15 | 758.77 | 368.52 | 3,030.99 | 1,762.64 | |
| VII | Depreciation expense | 2.26 | 1.21 | 0.06 | 5.30 | 0.09 | |
| VIII | Profit/(loss) before taxes and exceptional items (V-VI-VII) | 3,558.28 | 444.66 | (158.08) | 4,399.42 | 2,519.85 | |
| IX | Exceptional items (refer note 4) | 143.39 | – | (6.49) | 167.56 | 11.96 | |
| X | Profit/(loss) before tax (VIII+IX) | 3,701.67 | 444.66 | (164.57) | 4,566.98 | 2,531.81 | |
| XI | Tax expense: | ||||||
| (a) Current tax | 852.18 | 167.71 | (64.69) | 1,059.39 | 559.11 | ||
| (b) Deferred tax | 85.07 | (39.86) | 6.25 | 106.01 | 84.99 | ||
| Total tax expense ((a)+(b)) | 937.25 | 127.85 | (58.44) | 1,165.40 | 644.10 | ||
| XII | Profit/(loss) for the period/year (X-XI) | 2,764.42 | 316.81 | (106.13) | 3,401.58 | 1,887.71 | |
| XIII | Other comprehensive income/(loss) | ||||||
| Items that will not be reclassified to profit or loss | |||||||
| (a) Re-measurement gain/(loss) on defined benefit plans | 6.10 | 1.29 | (0.66) | 6.76 | 2.28 | ||
| (b) Income tax effect | (1.53) | (0.33) | 0.17 | (1.70) | (0.57) | ||
| Other comprehensive income/(loss) (net of tax) (A+B) | 4.57 | 0.96 | (0.49) | 5.06 | 1.71 | ||
| XIV | Total comprehensive income/(loss) for the period/ year (XII+XIII) | 2,768.99 | 317.77 | (106.62) | 3,406.64 | 1,889.42 | |
| XV | Paid-up equity share capital (face value of Rs. 2/- per equity share) | 1,210.78 | 1,210.59 | 1,210.18 | 1,210.78 | 1,210.18 | |
| XVI | Other equity | 48,305.15 | 44,374.46 | ||||
| XVII | Earnings per share (EPS) – face value of Rs. 2/- each* | ||||||
| Basic (in Rs) | 4.57 | 0.52 | (0.41) | 5.62 | 3.41 | ||
| Diluted (in Rs) | 4.52 | 0.52 | (0.41) | 5.56 | 3.39 |
| S.No. | Particulars | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|---|
| Audited | Audited | ||
| A | ASSETS | ||
| 1 | Non-current assets | ||
| Property, plant and equipment | 64.07 | 4.96 | |
| Investment property | – | 14.02 | |
| Capital work-in-progress | 12.51 | – | |
| Financial assets | |||
| (i) Investments | 69,954.56 | 49,731.00 | |
| (ii) Other financial assets | 2,846.36 | 757.31 | |
| Deferred tax assets (net) | – | 6.45 | |
| Non-current tax assets (net) | – | 168.45 | |
| Other non current assets | 922.16 | 87.99 | |
| Total non-current assets | 73,799.66 | 50,770.18 | |
| 2 | Current assets | ||
| Inventories | 953.82 | 39.27 | |
| Financial assets | |||
| (i) Trade receivables | 6,151.32 | 49.33 | |
| (ii) Cash and cash equivalents | 14,453.28 | 3,545.51 | |
| (iii) Bank balance other than cash and cash equivalents | 14,200.48 | 10,414.81 | |
| (iv) Loans | 5,669.43 | 15,668.48 | |
| (v) Other financial assets | 9,745.32 | 4,753.15 | |
| Other current assets | 4,449.70 | 1,670.19 | |
| Assets classified as held for sale | – | 0.05 | |
| Total current assets | 55,623.35 | 36,140.79 | |
| Total Assets | 1,29,423.01 | 86,910.97 | |
| B | EQUITY AND LIABILITIES | ||
| 1 | Equity | ||
| Equity share capital | 1,210.78 | 1,210.18 | |
| Other equity | 48,305.15 | 44,374.46 | |
| Total equity | 49,515.93 | 45,584.64 | |
| 2 | Non-current liabilities | ||
| Financial liabilities | |||
| (i) Long term borrowings | 36,094.80 | 20,944.51 | |
| Provisions | 94.83 | 52.55 | |
| Deferred tax liabilities (net) | 101.26 | – | |
| Total non-current liabilities | 36,290.89 | 20,997.06 | |
| 3 | Current liabilities | ||
| Financial liabilities | |||
| (i) Short term borrowings | 6,503.25 | 1,750.00 | |
| (ii) Trade payables | |||
| – Total outstanding dues of micro enterprises and small enterprises | 250.19 | 56.58 | |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 4,758.24 | 2,075.42 | |
| (iii) Other financial liabilities | 5,251.31 | 3,968.08 | |
| Other current liabilities | 26,509.97 | 12,467.82 | |
| Provisions | 16.74 | 11.37 | |
| Current tax liabilities (net) | 326.49 | – | |
| Total current liabilities | 43,616.19 | 20,329.27 | |
| Total Liabilities | 79,907.08 | 41,326.33 | |
| Total Equity and Liabilities | 1,29,423.01 | 86,910.97 |
| Particulars | for the year ended 31 March 2026 | for the year ended 31 March 2025 |
|---|---|---|
| Audited | Audited | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Profit before tax | 4,566.98 | 2,531.81 |
| Adjustments for: | ||
| Depreciation expense | 5.30 | 0.09 |
| Finance costs | 3,030.99 | 1,762.64 |
| Interest income | (3,066.12) | (1,579.98) |
| Contingent consideration related to investment disposed in earlier year | (167.56) | (11.96) |
| Net loss on sale of investment | 197.68 | – |
| Employee stock option expense | 400.72 | 240.86 |
| Gain on derivative instruments marked to market | (518.81) | – |
| Net foreign exchange difference | 5.69 | 0.07 |
| Operating profit before working capital changes | 4,454.87 | 2,943.53 |
| Movement in working capital | ||
| Change in inventories | (914.55) | (39.27) |
| Change in trade receivables | (6,101.99) | (47.43) |
| Change in other current and non-current financial assets | (4,159.37) | (925.42) |
| Change in other current and non-current assets | (3,613.60) | 2,171.03 |
| Change in trade payables | 2,863.88 | 1,627.39 |
| Change in other current and non-current financial liabilities | (724.17) | (2,628.54) |
| Change in current and non-current provisions | 54.39 | 42.57 |
| Change in other current and non-current liabilities | 14,042.14 | 1,796.76 |
| Cash flows generated from operating activities post working capital changes | 5,901.60 | 4,940.62 |
| Income tax paid (net) | (598.68) | (987.29) |
| Net cash flows generated from operating activities (A) | 5,302.92 | 3,953.33 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Payment for purchase of property, plant and equipment (including capital work-in-progress) | (62.29) | (4.83) |
| Interest received from deposits and others | 2,358.69 | 936.06 |
| Proceeds from sale of investment in subsidiaries | 1,331.55 | – |
| Investment in compulsorily convertible debentures of subsidiaries | – | (2,500.00) |
| Redemption of commercial paper | – | 1,498.68 |
| Proceeds from contingent consideration related to investment disposed in earlier years | 167.56 | 11.96 |
| Investment in equity share capital of subsidiary company | (2,586.14) | (2.60) |
| Investment in fixed deposits (net) | (5,628.58) | (9,653.83) |
| Loans given to related parties (net) | (10,627.52) | (20,044.43) |
| Net cash flows used in investing activities (B) | (15,046.73) | (29,758.99) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from equity share capital issued net of issue expenses | 0.60 | 22,932.89 |
| Proceeds from long term borrowings | 17,809.25 | 6,143.80 |
| Repayment of long term borrowings (including current maturity of non-convertible debentures) | (1,054.35) | (2,226.52) |
| Proceeds from short term borrowings (net) | 4,753.25 | 1,750.00 |
| Dividend Paid | (242.10) | – |
| Finance costs paid | (615.07) | (565.52) |
| Net cash flows generated from financing activities (C) | 20,651.58 | 28,034.65 |
| Increase in cash and cash equivalents (A+B+C) | 10,907.77 | 2,228.99 |
| Cash and cash equivalents at the beginning of the year | 3,545.51 | 1,316.52 |
| Cash and cash equivalents at the end of the year | 14,453.28 | 3,545.51 |
| S.No. | Particulars | Quarter ended 31 March 2026 (Refer Note 5) | Quarter ended 31 December 2025 Unaudited | Quarter ended 31 March 2025 (Refer Note 5) | Year ended 31 March 2026 Audited | Year ended 31 March 2025 Audited |
|---|---|---|---|---|---|---|
| I | Revenue from operations | |||||
| (a) Sale of electricity | 5,477.68 | 4,966.22 | 4,868.87 | 20,229.59 | 14,051.31 | |
| (b) Other operating revenue | 0.86 | 1.71 | – | 4.20 | – | |
| Total revenue from operations ((a)+(b)) | 5,478.54 | 4,967.93 | 4,868.87 | 20,233.79 | 14,051.31 | |
| II | Other income | 1,570.58 | 1,200.19 | 523.68 | 4,837.01 | 1,701.10 |
| III | Total Income (I+II) | 7,049.12 | 6,168.12 | 5,392.55 | 25,070.80 | 15,752.41 |
| IV | Expenses | |||||
| (a) Employee benefits expense | 148.85 | 158.30 | 172.72 | 619.69 | 649.45 | |
| (b) Other expenses | 541.33 | 364.85 | 338.68 | 1,800.74 | 1,047.56 | |
| **Total expenses ((a)+(b |