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ACMESOLAR

NSEPowerCap: ₹28578.26 Cr

ACME Solar Holdings Ltd.

+70.35%YTD
AAOIFIMSCIDJIMBSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:
  • Debt Ratio: 69.71% exceeds limit 33.33%.
  • Impure Revenue: Non-permissible income 12.63% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹28578.26 Cr
P/E Ratio
35.0x
P/B Ratio
3.2x
52W High
₹476.9
52W Low
₹195.9
Div. Yield
5.00%
Shares O/S
70.60 Cr

Where Does the Money Come From?

Revenue breakdown for ACME Solar Holdings Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

87.4%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

12.6%of Total Revenue
About ACME Solar Holdings Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio
69.71%Max: ≤ 33.0%
Cash & Securities Liquidity
10.71%Max: ≤ 33.0%
Impure Revenue Ratio
12.63%Max: ≤ 5.0%
Screening Denominator
Total Assets

Halal Alternatives in Power

Can't invest in ACMESOLAR? Consider these instead

MSCI Verified
JPPOWER

Jaiprakash Power Ventures Ltd.

HalalPurification: 3.27%

Purification & Zakat Calculator

Calculate how much to donate for ACMESOLAR

⚠️ Note: ACMESOLAR is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.