ACME Solar FY26 Results: Portfolio Reaches 8,071 MW as Operational BESS Capacity Surpasses 2 GWh

ACME Solar reported top-line revenue of 20,699 INR mn for FY26 and an increase in Adjusted Profit After Tax (PAT) to 5,026 INR mn. The company reached a total portfolio size of 8,071 MW by the conclusion of the financial year. Strategic expansion into Firm and Dispatchable Renewable Energy (FDRE) and Battery Energy Storage System (BESS) assets served as the primary drivers for these results.

Financial Performance Summary

The following table compares the reported financial results for FY25 against the results for FY26:

• Net Revenue Growth: 47.3% increase year-on-year.
• EBITDA Growth: 47.9% increase year-on-year.

Operational and Project Milestones

ACME Solar achieved several technical and capacity-based milestones during FY26, specifically regarding its storage and wind energy verticals.

Battery Energy Storage System (BESS) Commissioning

• The company has operationalized 591.18 MW (2,031.24 MWh) of Battery Energy Storage System (BESS) capacity deployed across multiple state-level subsidiaries in Rajasthan.
• The company maintains a development target to reach 10 GWh of total Battery Energy Storage System (BESS) capacity by 2027.

Wind Project Status

• The company maintains 122 MW of operational wind capacity.
• The commissioning of the company’s initial wind project occurred in Q2 FY26.

Portfolio Breakdown

The total portfolio of 8,071 MW is categorized as follows:

• Operational contracted capacity: 2,990 MW.
• Under-construction capacity: 5,081 MW, of which 3,280 MW is backed by signed power purchase agreements (PPAs).
• Total FDRE pipeline: 4,031 MW.

Off-taker Profile

• Central government-backed off-takers, including SECI, NHPC, NTPC, and SJVN, represent a significant portion of the PPA-signed portfolio.
• The total portfolio has shifted toward an 85% concentration of central government-backed off-takers, facilitating a de-risked receivable profile compared to state-level entities.

Official Concluding Summary

These figures and metrics are derived from the audited financial year-end position and the company’s official operational disclosures for FY26.