Is Acme Solar Holdings a Good Buy After Its Q1 FY27 Results?

The Acme Solar Holdings share price has been under the spotlight this results season after the company reported its first-quarter numbers for FY27. Acme Solar Holdings is a renewable energy generation company operating solar and hybrid power assets, and its Q1 FY27 print, for the quarter ended June 30, 2026, gives investors a fresh data point to test whether the stock still deserves a place in a portfolio at current levels.

Revenue for the quarter came in at Rs 954 crore, up 63.3% year on year, while profit after tax came in at Rs 235 crore, up 79.9% from a year earlier. That combination of numbers is exactly what this article breaks down, along with what it means for the Acme Solar Holdings share price from here.

This piece works through the quarter's financial highlights, the business factors behind the numbers, where the Acme Solar Holdings share price stands against its 52-week range and valuation multiples, and the key risks worth watching before treating this as a buy, hold or a stock to avoid for now.

Click Here – Get Free Investment Predictions

Acme Solar Holdings Q1 FY27 Financial Highlights

Metric	Q1 FY27	Q1 FY26	YoY Change
Revenue	Rs 954 crore	Rs 584 crore	63.3%
EBITDA	Rs 831 crore	Rs 531 crore	56.5%
Operating Margin	96.9%	100.8%	NA
Profit Before Tax	Rs 331 crore	Rs 174 crore	90.1%
Net Profit / (Loss)	Rs 235 crore	Rs 131 crore	79.9%

Acme Solar Holdings Q1 FY27 Performance Analysis

Check Acme Solar Holdings Fundamentals on Univest Screener

Revenue growth of 63.3% for the quarter came from steady demand across the company's core business, keeping the topline trend intact for the renewable power generation sector.

The bigger story is on profitability. PAT grew 80% to Rs 235 crore, comfortably ahead of revenue growth, which points to margin expansion or a favourable base effect. This is the kind of quarter that supports the premium the Acme Solar Holdings share price already commands, though investors should check whether the growth is repeatable or was helped by one-off factors.

On a sequential basis, revenue moved up 35.3% sequentially from Rs 705 crore in the March 2026 quarter and net profit moved up 70.1% sequentially from Rs 138 crore in the prior quarter, giving a fuller picture of the trend behind the Acme Solar Holdings share price than the year on year comparison alone.

Key Business Factors in Q1 FY27

Revenue Trend

Acme Solar Holdings's revenue grew 63.3% year on year this quarter, taking the quarterly base to Rs 954 crore in a renewable power generation business that remains sensitive to demand and pricing cycles that ultimately feed through to the Acme Solar Holdings share price.

Margin Movement

EBITDA rose 56.5% to Rs 831 crore, and operating margin moved to 96.9% from 100.8% a year earlier, a sign that cost control or pricing held up during the quarter.

Balance Sheet Position

Acme Solar Holdings's debt-to-equity ratio stands at 3.93, a level worth monitoring given the quarter's margin trend.

Valuation Context

The stock trades at a PE of 47.3x against an industry average of 24.7x, a premium that this quarter's results will need to justify going forward.

Dividend Details

No interim dividend was declared alongside Acme Solar Holdings's Q1 FY27 results. The stock currently carries a trailing dividend yield of 0.04%, based on dividends paid over the last year. Investors tracking the Acme Solar Holdings share price for income should watch the company's announcements around its next annual results for any dividend decision.

Acme Solar Holdings Share Price Outlook for FY27

The Q1 FY27 print sets a reasonably high bar for the rest of the year. If Acme Solar Holdings can sustain this pace of revenue and profit growth, the current valuation gets easier to justify. The main swing factor is whether this quarter's momentum reflects a durable trend or a favourable one-off, something the next two quarters should clarify.

For the Acme Solar Holdings share price to hold its current premium through FY27, the company will likely need to keep posting growth at or near this quarter's pace, since any slowdown would put pressure on a stock priced for continued strength.

Acme Solar Holdings Stock Performance

Download the Univest iOS App or Univest Android App to track Acme Solar Holdings's live share price and get daily stock updates.

The Acme Solar Holdings share price was trading around Rs 404 as results season played out in late August 2026, roughly 1.9% below its 52-week high of Rs 412 and well above its 52-week low of Rs 196. Promoter holding stood at 71.4% as of the June 2026 quarter.

The Acme Solar Holdings share price has room to re-rate further if the growth shown this quarter continues, though much of the good news may already be reflected in the stock near current levels. On profitability ratios, the company reports a return on equity of 9.86% and a book value of around Rs 111 per share, both useful reference points when judging whether the current price is reasonable.

Key Risks

Valuation Risk

At 47.3x earnings against an industry average of 24.7x, the stock leaves little room for disappointment if growth slows.

Leverage Risk

A debt-to-equity ratio of 3.93 means the company's earnings are more sensitive to interest rate and refinancing conditions than a lower-debt peer.

Sector and Demand Risk

As a renewable power generation business, Acme Solar Holdings's results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the Acme Solar Holdings share price well before the next result.

Conclusion

Acme Solar Holdings's Q1 FY27 results were genuinely strong, with revenue at Rs 954 crore and PAT up 80% to Rs 235 crore. That said, at a PE of 47.3x, the Acme Solar Holdings share price is not inexpensive, so this looks like a quality business trading at a full price rather than a bargain. Existing investors have little to worry about from this print, while new investors asking whether Acme Solar Holdings is a good buy should weigh the strong quarter against the valuation before adding at current levels.

Frequently Asked Questions on Acme Solar Holdings Q1 FY27 Results

What were Acme Solar Holdings's Q1 FY27 results?

Ans. Acme Solar Holdings reported Q1 FY27 revenue of Rs 954 crore, up 63.3% year on year, and PAT of Rs 235 crore, up 79.9% year on year.

Is Acme Solar Holdings a good buy after its Q1 FY27 results?

Ans. Acme Solar Holdings's core numbers improved this quarter, though at a PE of 47.3x the stock is not inexpensive, so this suits investors comfortable paying up for quality. Investors should form their own view based on their own risk appetite and time horizon.

What is the Acme Solar Holdings share price today?

Ans. The Acme Solar Holdings share price was trading around Rs 404 in late August 2026, about 1.9% below its 52-week high of Rs 412 and well above its 52-week low of Rs 196.

What is Acme Solar Holdings's revenue and profit for Q1 FY27?

Ans. Acme Solar Holdings reported revenue of Rs 954 crore and a net profit of Rs 235 crore for the quarter ended June 30, 2026.

Did Acme Solar Holdings declare a dividend with its Q1 FY27 results?

Ans. No interim dividend was declared alongside Acme Solar Holdings's Q1 FY27 results. Investors should track the company's next annual results for any dividend announcement.

What is Acme Solar Holdings's PE ratio and is it expensive?

Ans. The Acme Solar Holdings share price trades at a trailing PE of 47.3x, against an industry average of 24.7x. Investors should compare this with the company's growth rate before judging value.

What are the key risks for Acme Solar Holdings investors right now?

Ans. At 47.3x earnings against an industry average of 24.7x, the stock leaves little room for disappointment if growth slows. As a renewable power generation business, Acme Solar Holdings's results remain tied to sector-specific demand, pricing and regulatory cycles that can shift from quarter to quarter and move the Acme Solar Holdings share price well before the next result.

What is Acme Solar Holdings's promoter shareholding?

Ans. Promoter holding in Acme Solar Holdings stood at 71.4% as of the June 2026 quarter.