CRISIL reaffirms Acme Solar Holdings at AA, outlook Stable
Acme Solar Holdings (ACMESOLAR) said CRISIL has reaffirmed its credit rating at AA with a stable outlook, covering facilities or instruments of about ₹2,500 crore. The company is valued at about ₹30,576 crore.
What happened
Acme Solar Holdings (ACMESOLAR) told the exchanges on 2 October 2026 at 07:44 PM that CRISIL has reaffirmed its credit rating at AA with a stable outlook, covering facilities or instruments of about ₹2,500 crore.
From the filing: "Rating Reaffirmed) The rating rationale issued by Crisil Ratings is available at: https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/ AcmeSolarHoldingsLimited_October%2001_%202026_RR_406350.html We request you to take the same on record."
Company snapshot
Acme Solar Holdings is a mid-cap company in the Power sector, with a market value of about ₹30,576 crore.
The stock last traded at ₹432.6, against a 52-week range of ₹195.9–₹476.9 (9.3% below the high).
Before this filing the shares had moved +8.2% over the month and +12.3% over three months. Average daily turnover over the last 20 sessions was about ₹118 crore.
Promoters held 71.40% at the end of Q1 FY27, down 0.08% points from the previous quarter. Foreign institutions owned 4.39% and domestic institutions 19.10%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 511 | 130.8 | 2.16 |
| Q2 FY26 | 468 | 115.1 | 1.9 |
| Q3 FY26 | 497 | 113.7 | 1.88 |
| Q4 FY26 | 548 | 139.3 | 2.3 |
| Q1 FY27 | 858 | 235.3 | 3.71 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 1.3% on average the next trading day and was up 4.5% on average after five days (2 filings with price data).
Across 45 similar disclosures by other Power companies, shares moved −0.2% on average the next day and −0.2% over five days; 40% of them rose the next day.
Market-wide, 1,203 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Jul 2026 | Credit Rating - ACME Eco Clean Energy Private Limited And ACME… | −2.8% | +1.4% |
| 18 Jun 2026 | Credit Rating - ACME Heergarh Powertech Private Limited | +5.4% | +7.6% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- ACME Solar Share Price Surges Nearly 7% After Firm Incorporates New Renewable Energy Subsidiary
- ACME Solar Holdings Commissions Third Phase of 19 MW BESS Project in Jaisalmer
- ACME Solar Launches Unit ACME Greentech Twenty Nine For Renewable Energy Projects
- ACME Solar to merge three solar subsidiaries with combined ₹1.63B turnover
- Acme Solar Holdings Ltd. Share Price Rise: Key Market Facts
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.