ACME Solar Share Price In Focus After Q2 Profit Climbs To ₹269 Crore And BESS Commissioning Target Moves Above 12 GWh

Shares of ACME Solar Holdings Limited were trading higher on Thursday, 29 October 2026. The jump came after the company reported its Q2 FY27 results on the previous day through a regulatory filing to the stock exchanges.

ACME Solar’s consolidated profit after tax (PAT) rose 133.5% year-on-year (YoY) to ₹269 crore in the September quarter, from ₹115 crore a year earlier. Revenue grew 67.5% to ₹1,007 crore from ₹601 crore, supported by battery energy storage system (BESS) operations and additions to renewable energy capacity.

At 11:44 am on Thursday, the ACME Solar share price stood at ₹425.55, up 3.50% on the National Stock Exchange (NSE). The previous close was ₹411.15, while the stock opened at ₹417.05. During the session, ACME Solar shares touched an intraday high of ₹432 and a low of ₹411.50.

ACME Solar Q2 FY27 Results: Other Key Financials Details

Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 63.6% YoY to ₹874 crore, compared with ₹534 crore. However, the EBITDA margin eased to 86.7% from 88.8%, partly because power purchased for BESS operations added to operating expenses.

Cash PAT rose 93.2% to ₹441 crore from ₹228 crore. The company’s total asset base reached ₹28,462 crore, up ₹11,466 crore YoY, reflecting commissioning of BESS and renewable energy assets.

Net debt increased to ₹15,945 crore from ₹8,923 crore a year earlier, while net debt to trailing-twelve-month EBITDA improved to 3.6 times from 4.3 times. Cash return on equity (RoE) stood at 20%, against 27% in the year-earlier quarter.

ACME Solar Raises BESS And Renewable Capacity Targets

The company increased its FY27 BESS commissioning target to more than 12 gigawatt-hours (GWh), from 10 GWh earlier. Its renewable energy generation capacity target for 2030 was also raised to 15 gigawatts (GW), from 10 GW. The longer-term roadmap aims for 20 GW of generation capacity and 70 GWh of BESS capacity by 2032.

During the quarter, ACME Solar commissioned around 2.1 GWh of BESS capacity, taking the cumulative total to approximately 5.2 GWh. It also reported more than ₹1,600 crore in revenue visibility from partial sales of FY27 BESS capacity under short-term contracts. A further ₹1,500 crore-plus was secured from partial sales of FY28 capacity.

Also Read - GMR Airports Q2 FY2026-27 Results: Net Profit Climbs 86.3% To ₹65.4 Crore As Revenue Reaches ₹4,095.4 Crore