ACME Solar Holdings Ltd Share Price Prediction & Financial Analysis: 2025, 2030, 2035, 2050

Financial Snapshot and Growth Drivers

As of May 2025, ACME Solar Holdings boasts a market capitalization of approximately ₹13,009.4 crore, with a share price of ₹215.00. The company reported consolidated total income of ₹400.83 crore for Q3 2024-25, up 35.81% quarter-on-quarter, and a net profit of ₹112.06 crore, reflecting a 152.1% year-on-year increase. For FY 2024, revenue stood at ₹1,319.25 crore, with a modest growth of 1.88% from ₹1,294.90 crore in FY 2023. EBITDA for the first half of FY25 was ₹558 crore, indicating strong operational performance.

Key growth drivers include:

• Government Support: India’s push for renewable energy, including the National Solar Mission, ensures consistent demand.
• Expansion Plans: ACME aims to invest ₹17,000 crore in FY26 and ₹32,000-35,000 crore by 2027 to scale capacity from 2.5 GW to 7 GW.
• Technological Innovation: Investments in AI, IoT, and next-generation photovoltaic panels enhance efficiency and profitability.
• Refinancing Strategy: A ₹2,491 crore facility from SBI and REC at 8.8% interest reduces debt costs, strengthening the credit profile.

However, risks such as regulatory changes, project delays, and competition from giants like Adani Green Energy and Tata Power could impact growth.

Share Price Forecast and CAGR Estimation

To forecast share prices, we assume a CAGR based on historical financial performance, industry trends, and analyst projections. The renewable energy sector in India is expected to grow at a CAGR of 10-12% over the next decade, driven by policy support and global demand for clean energy. ACME’s operational efficiency and expansion plans suggest it could outperform the sector average. Based on available data, we estimate a conservative revenue CAGR of 10% and a share price CAGR of 12-15%, factoring in market volatility and risks.

2025: ₹300 – ₹310

Analyst projections peg ACME’s share price at ₹300-₹310 by 2025. This aligns with expected revenue growth from ongoing projects and improved profitability. The company’s IPO proceeds of ₹2,900 crore, with no deviation in utilization, will fund capacity expansion. Assuming a 12% CAGR from the current ₹215, the share price could reach ₹303 by year-end 2025. Key catalysts include government incentives and the completion of a 600 MW wind-solar hybrid project.

2030: ₹560 – ₹600

By 2030, ACME’s share price is forecasted to reach ₹560-₹600. With a planned capacity of 7 GW and green hydrogen initiatives targeting 10 million tons by 2032, revenue could grow significantly. Applying a 12% CAGR from 2025, the share price could hit ₹580. Competition and regulatory risks may temper gains, but international market expansion and technological advancements will bolster growth.

2035: ₹1,000 – ₹1,200

By 2035, ACME’s focus on green hydrogen and ammonia, coupled with global renewable energy adoption, could drive shares to ₹1,000-₹1,200. Assuming a slightly lower CAGR of 10% due to market saturation, the share price could reach ₹1,050 from 2030 levels. The company’s sustainability initiatives, including reduced carbon and water footprints, will enhance investor confidence.

2050: ₹3,500 – ₹4,500

Looking to 2050, ACME could emerge as a global renewable energy leader, with shares projected at ₹3,500-₹4,500. A long-term CAGR of 8-10% accounts for technological disruptions and market dynamics. Integration into global smart grids and leadership in solar and hydrogen markets will drive this growth, though competition and climate policy shifts remain risks.

Financial Report Summary (as of Q3 2024-25)

• Revenue: ₹1,319.25 crore (FY24), ₹400.83 crore (Q3 2024-25)
• Net Profit: ₹698 crore (FY24), ₹112.06 crore (Q3 2024-25)
• Market Cap: ₹13,009.4 crore
• P/E Ratio: 31.01
• P/B Ratio: 2.53
• Dividend: ₹0.20 per share (interim, declared April 2025)
• Promoter Holding: 83.4% (down 2.888% in six months)
• Operational Capacity: 2,351 MWp (solar), with 5 GWp in pipeline

Risks to Consider

• Policy Shifts: Changes in subsidies or regulations could affect profitability.
• Competition: Rivalry with Adani Green and Tata Power may pressure margins.
• Supply Chain: Dependence on imported components risks disruptions.

Conclusion

ACME Solar Holdings Ltd is well-positioned for long-term growth in India’s renewable energy sector. With a projected share price range of ₹300-₹4,500 from 2025 to 2050 and a CAGR of 8-15%, the company offers compelling opportunities for investors. However, regulatory and competitive risks warrant caution. Investors should monitor financial performance and market developments closely.

Disclaimer: Share price forecasts are speculative and subject to market risks. Consult a financial advisor before investing.