Here's a concise summary of the investor presentation: **1. Business Performance:** ACME Solar hit record Q1 FY27: Revenue +63.3% YoY to INR 954 Cr, EBITDA +56.5% to INR 831 Cr.
Net profit surged 79.9% to INR 235 Cr.
Power generation rose 23.4% to 2,020M units, achieving a record 30.9% CUF. **2. Growth Drivers or Strategy:** Aggressively scaling Battery Energy Storage System (BESS) capacity, targeting 10+ GWh commissioning by FY27. New 600 MW projects with SECI pushed total under-construction PPA signed capacity to 3,880 MW (~15 GWh BESS). Q1 capex was ~INR 2,958 Cr. **3. Recent Developments:** ACME commissioned ~2.3 GWh BESS this quarter, bringing operational capacity to ~3.62 GWh.
This generated INR 226 Cr revenue with an 82% EBITDA margin.
Over INR 1,400 Cr in short-term BESS revenue is locked in for FY27. **4. Key Financial Metrics:** Asset base grew to INR 24,910 Cr.
Net Debt/TTM EBITDA improved to 2.9x. Days of Sales Outstanding (DSO) significantly reduced. **5. Management Commentary / Outlook:** ACME aims for 10 GW generation and 25 GWh BESS by 2030 (35% CAGR). High share of central offtakers (projected 84%) expected to stabilize payments.
Regulatory updates are positive for BESS deployment and grid stability.
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