ACME Solar Holdings vs Adani Green Energy: Share Price, Valuation and Results Compared

ACME Solar Holdings Limited (NSE: ACMESOLAR) and Adani Green Energy Limited (NSE: ADANIGREEN) are both listed in the Solar Renewable Electricity industry. ACME Solar Holdings has a market capitalisation of ₹29,600 Cr and Adani Green Energy ₹2,20,227 Cr, as of 9 Nov 2026. Their P/E ratios are 51.3 and 138.5 respectively. Return on equity is 10.41% for ACME Solar Holdings and 7.58% for Adani Green Energy. Over one year, ACME Solar Holdings's share price is up 49.3% and Adani Green Energy's is up 31.1%.

ACME Solar Holdings vs Adani Green Energy — Key Figures

MetricACME Solar HoldingsAdani Green Energy
NSE SymbolACMESOLARADANIGREEN
BSE Code544283541450
Share Price₹407.00₹1,448.90
Market Cap₹29,600 Cr₹2,20,227 Cr
P/E Ratio51.3138.5
Return on Equity10.41%7.58%
Return on Assets3.70%3.68%
Dividend Yield0.05%—
Beta (1Y)0.010.94
1-Year Price Change+49.3%+31.1%
3-Month Price Change+11.3%+5.8%
52-Week Range₹195.90 – ₹476.90₹765.00 – ₹1,631.50
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹887 Cr₹4,258 Cr
Quarterly Net Profit₹269 Cr₹747 Cr
Net Margin30.3%17.5%
EPS (Basic, Quarter)₹4.00₹4.00
Results Basisconsolidatedconsolidated
HeadquartersGurugram, HaryanaAhmedabad, Gujarat

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

ACME Solar Holdings Limited

ACME Solar Holdings Limited, a solar independent power producing company, engages in developing, building, owning, operating, and maintaining utility scale grid connected solar power projects in India. The company owns and operates solar energy projects with installed capacity of 2540 MW; and develops and constructs solar energy projects with capacity of 3780 MW. It is also involved in the wind power and hybrid power generation business. In addition, the company provides engineering, procurement, and construction services, as well as operation and maintenance services. It serves central and st…

Adani Green Energy Limited

Adani Green Energy Limited generates and supplies renewable energy to central and state government entities and government backed corporations in India. The company develops, builds, owns, operates, and maintains power plants through renewable sources, such as solar, wind, and hybrid. It operates solar power plants with an operational capacity of 10,103 megawatts (MW); wind power plants with an operational capacity of 2,000 MW; and hybrid power plants with an operational capacity of 2,140 MW. Adani Green Energy Limited was incorporated in 2015 and is headquartered in Ahmedabad, India.

Frequently Asked Questions

Which is larger by market cap, ACME Solar Holdings or Adani Green Energy?

Adani Green Energy has a market capitalisation of ₹2,20,227 Cr, against ₹29,600 Cr for ACME Solar Holdings as of 9 Nov 2026, about 7.4 times the size by market cap.

What is the P/E ratio of ACME Solar Holdings and Adani Green Energy?

ACME Solar Holdings has a P/E of 51.3 and Adani Green Energy a P/E of 138.5 as of 9 Nov 2026.

What is the return on equity of ACME Solar Holdings and Adani Green Energy?

ACME Solar Holdings has a return on equity of 10.41% and Adani Green Energy 7.58%.

How have ACME Solar Holdings and Adani Green Energy shares moved over one year?

ACME Solar Holdings's share price is up 49.3% over one year and Adani Green Energy's is up 31.1%.

What were the latest quarterly results of ACME Solar Holdings and Adani Green Energy?

ACME Solar Holdings reported revenue of ₹887 Cr and net profit of ₹269 Cr for Q2 FY27. Adani Green Energy reported revenue of ₹4,258 Cr and net profit of ₹747 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are ACME Solar Holdings and Adani Green Energy in?

Both are classified under Independent Power and Renewable Electricity Producers > Renewable Electricity > Solar Renewable Electricity on FinBizNet.

Is this comparison a recommendation to buy or sell ACME Solar Holdings or Adani Green Energy?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.