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ACMESOLAR - Fundamental Analysis: Financial Health & Valuation

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Rating: 2.4

Last Updated Time : 19 Mar 26, 07:09 pm

Fundamental Rating: 2.4

Stock Code ACMESOLAR Market Cap 15,052 Cr. Current Price 249 ₹ High / Low 324 ₹
Stock P/E 290 Book Value 76.2 ₹ Dividend Yield 0.08 % ROCE 7.63 %
ROE 5.18 % Face Value 2.00 ₹ DMA 50 232 ₹ DMA 200 243 ₹
Chg in FII Hold -1.54 % Chg in DII Hold 0.48 % PAT Qtr 31.7 Cr. PAT Prev Qtr 29.4 Cr.
RSI 60.6 MACD 5.08 Volume 7,43,539 Avg Vol 1Wk 40,33,313
Low price 173 ₹ High price 324 ₹ PEG Ratio 5.26 Debt to equity 0.64
52w Index 50.2 % Qtr Profit Var 2,394 % EPS 0.88 ₹ Industry PE 29.8

📊 Core Financials

  • Profitability: PAT improved slightly from ₹29.4 Cr. to ₹31.7 Cr. (Qtr Profit Var: +2,394%)
  • Margins: ROCE at 7.63% and ROE at 5.18% indicate weak efficiency
  • Debt: Debt-to-equity ratio at 0.64 shows moderate leverage
  • Cash Flow: EPS at ₹0.88 is very low, raising sustainability concerns

💰 Valuation Indicators

  • P/E Ratio: 290 vs Industry PE of 29.8 → extremely overvalued
  • P/B Ratio: Current Price ₹249 vs Book Value ₹76.2 → ~3.3x book
  • PEG Ratio: 5.26 → growth priced at a steep premium
  • Intrinsic Value: Current valuation far exceeds fundamentals

🏢 Business Model & Health

  • Market Cap: ₹15,052 Cr. reflects mid-sized presence in renewable energy
  • Dividend Yield: 0.08% provides negligible shareholder return
  • Competitive Advantage: Positioned in solar energy, a growing sector
  • Overall Health: Weak profitability, high debt, and stretched valuations undermine stability

🎯 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive only near ₹170–190 if fundamentals improve
  • Long-Term Holding: Risky at current valuations; suitable only if earnings scale up significantly

✅ Positive

  • Presence in renewable energy sector with long-term growth potential
  • Quarterly PAT shows slight improvement
  • DII holding increased (+0.48%)

⚠️ Limitation

  • Extremely high P/E ratio (290)
  • Weak ROE (5.18%) and ROCE (7.63%)
  • PEG ratio (5.26) indicates expensive growth

📉 Company Negative News

  • FII holding decreased (-1.54%)
  • High debt-to-equity ratio (0.64) compared to peers

📈 Company Positive News

  • Quarterly PAT improved marginally
  • DII holding increased (+0.48%)

🏭 Industry

  • Industry PE: 29.8, far below ACMESOLAR’s PE
  • Renewable energy sector has strong long-term demand drivers

🔎 Conclusion

ACMESOLAR operates in a promising renewable energy sector but currently suffers from weak profitability, high debt, and extremely stretched valuations.

While institutional support from DIIs is a positive, the stock is risky for long-term holding unless earnings improve significantly.

Entry should be considered only at lower levels, closer to intrinsic value, if profitability strengthens.

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