Press Release on Q1 FY27 results
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 29 Jul 2026, 08:38 PM IST · BSE ID: f69512bb-b58c-4b15-b0d3-5866c56f3a37
View Original BSE Filing (PDF)
💡
In Simple Terms
ACME Solar's Q1 revenue and profit increased significantly, driven by growth in its solar and battery storage projects.
🤖 AI Summary
- ACME Solar Holdings reported Q1 FY27 consolidated total revenue of INR 954 Cr, up 63.3% YoY.
- Profit After Tax (PAT) for Q1 FY27 increased 79.9% YoY to INR 235 Cr.
- EBITDA stood at INR 831 Cr, marking a 56.5% increase from Q1 FY26.
- The company signed 600 MW of FDRE/Hybrid PPAs with SECI, increasing under construction PPA signed capacity to 3,880 MW.
- Cumulative commissioned Battery Energy Storage System (BESS) capacity reached ~3.62 GWh, with ~2.3 GWh commissioned this quarter.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Revenue
954 INR Cr
63.3%
Cash PAT
390 INR Cr
53.4%
Commissioned BESS Capacity (Q1 FY27)
~2.3 GWh
Cumulative Commissioned BESS Capacity
~3.62 GWh
Under Construction PPA Signed Capacity
3,880 MW
🏢 How This Affects the Company
The signing of 600 MW of new PPAs and achievement of 3,880 MW in under-construction PPA signed capacity expands ACME Solar's future revenue streams and market presence in renewable energy. Highest-ever quarterly CUF at 30.9% indicates improved operational efficiency of existing assets.
Total Revenue increased by 63.3% to INR 954 Cr and PAT by 79.9% to INR 235 Cr, demonstrating strong top-line and bottom-line growth. EBITDA margin was 87.1% in Q1 FY27, a slight decrease from 90.9% in Q1 FY26 due to costs of power purchased for BESS operations.
Commissioning ~2.3 GWh of BESS capacity, taking cumulative commissioned capacity to ~3.62 GWh, enhances the company's operational asset base. Debt tied up for over INR 6,000+ Cr for 700 MW of projects ensures funding for ongoing under-construction projects.
The company has won bids for short-term contracts with INR 1,400+ Cr revenue lock-in for partial sale of FY27 BESS capacity, providing revenue visibility. Connectivity is available, secured, or applied across all under-construction projects, mitigating project implementation risks.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this press release.
👤
Who Is Affected
Existing shareholders benefit from the demonstrated operational and financial growth, including increased revenue and profit, and expansion of capacity. This includes long-term investors focused on renewable energy.
🔍
Management Signal
Management is focused on scaling renewable energy capacity, particularly BESS installations and securing long-term power purchase agreements, while maintaining profitability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check revenue and profit growth sustainability.
Updates on further PPA signings and BESS capacity commissioning targets.
Progress on debt utilization for under-construction projects and new financing initiatives.
LOW RISK
The filing indicates strong financial performance and progress in project execution and financing.
💡 Investor Takeaway
ACME Solar Holdings' Q1 FY27 consolidated total revenue rose 63.3% YoY to INR 954 Cr, with PAT up 79.9% to INR 235 Cr. The company added 600 MW in new PPAs and commissioned ~2.3 GWh of BESS capacity.
⚖️ Strengths & Concerns
✅ Positives
- Total Revenue increased by 63.3% YoY to INR 954 Cr, driven by capacity additions and improved plant performance.
- PAT grew by 79.9% YoY to INR 235 Cr, reflecting strong profitability, with PAT margin at 24.7%.
⚠️ Concerns
- EBITDA Margin marginally decreased from 90.9% in Q1 FY26 to 87.1% in Q1 FY27 due to BESS operational costs.
- No specific financial targets or future guidance for revenue or profit are provided in the filing beyond BESS capacity commissioning.
📅 Company Track Record
ACME Solar's Q1 FY27 standalone net profit of Rs. 1,217.03 million was previously reported on July 29, 2026. This press release provides consolidated figures and additional business highlights. The company had approved Q4 FY26 and FY26 results in May 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was ACME Solar Holdings' Total Revenue for Q1 FY27?
ACME Solar Holdings reported a consolidated Total Revenue of INR 954 Cr for Q1 FY27, marking a 63.3% increase from Q1 FY26.
What was ACME Solar Holdings' Profit After Tax (PAT) in Q1 FY27?
The consolidated Profit After Tax (PAT) for ACME Solar Holdings in Q1 FY27 was INR 235 Cr, which is an increase of 79.9% YoY.
How much BESS capacity did ACME Solar Holdings commission in Q1 FY27?
ACME Solar Holdings commissioned approximately ~2.3 GWh of BESS capacity during Q1 FY27, bringing the cumulative commissioned BESS capacity to ~3.62 GWh.
What is ACME Solar Holdings' under construction PPA signed capacity?
ACME Solar Holdings' under-construction PPA signed portfolio stands at 3,880 MW, including 600 MW of FDRE/Hybrid PPAs signed in Q1 FY27.
Questions based on this BSE filing only. For information purposes.