Whalesbook
Rajasthan ke Bikaner mein ye 35.715 MW / 160.512 MWh wala naya BESS operational ho gaya hai, ACME Solar ke renewable energy portfolio ka important part hai. Government bhi India mein energy storage ko push kar rahi hai, jisme Viability Gap Funding aur manufacturing incentives mil rahe hain. Aur interesting baat ye hai ki 12th May ko jab market gir raha tha, tab ACME Solar ka stock thoda sa upar gaya, around 2.76% badhkar ₹290.45 pe close hua, jabki Nifty 50 lagbhag 1.49% neeche tha. Ye dikhata hai ki company news market pressure ko overcome kar sakti hai.
Is naye addition ke baad, ACME Solar ki total operational BESS capacity ab 210.938 MW / 947.899 MWh ho gayi hai. Ye capacity 13th May se commercial operations mein aa jayegi. Puraane numbers bhi acche hain; FY26 mein revenue 59.2% badhkar ₹2,507 Cr ho gaya aur profit after tax lagbhag double hokar ₹498 Cr pahunch gaya. Cash return on equity (ROE) bhi 20.1% tha.
India ka energy storage market tezi se badh raha hai. Government ne BESS projects ke liye lagbhag ₹145 billion VGF aur battery manufacturing ke liye PLI plans diye hain. 2050 tak India ko lagbhag 2,000 GWh BESS ki zaroorat padegi. Bade players jaise Adani Energy Solutions, Tata Power, Reliance New Energy bhi is race mein hain. Competition kaafi hai, jaise Exide Industries, Waaree Energies, Amara Raja Energy & Mobility. Ye market 2025 mein $2.19 billion se badhkar 2035 tak $19.45 billion hone ka estimate hai. Lekin, yahan ek challenge bhi hai - bids bahut low price par ho rahe hain, jo projects ki viability par sawaal utha rahe hain.
Stock mein choti tezi aur acche results ke bawajood, kuch concerns hain. Company ka valuation thoda premium lag raha hai (P/E ratio 34x se 50x ke beech). Haalanki, cash ROE badha hai, purana interest coverage ratio kam raha hai. Competition China se bhi hai aur bade conglomerates jaise Adani Group aur Tata Power ke paas bahut paisa hai. Low bid prices long-term profitability aur safety ke liye risky ho sakte hain. ACME Solar ko bade players ke investment aur integration se compete karna hoga. Analyst log is stock ko 'Buy' signal de rahe hain. Bahut saara project under construction hai aur PPAs sign ho chuke hain, toh company energy transition se fayda utha sakti hai, agar woh competition aur financial health ko manage kar payein.