Manoj Kumar Upadhyay — Chairman & Managing Director of ACME Solar Hold., Transformational CEO

Manoj Kumar Upadhyay

#398
Chairman & Managing Director
54
Age
32y
Exp
22y
Tenure
9/10
Risk
TransformationalSelf-MadeFounderMid Cap
🎓 Diploma in Electronics Engineering · Government Polytechnic, Shahjahanpur
📜 · —
🏛️ IIM
CompensationTBP
Personality
Openness — Creativity, curiosity, willingness to try new ideasOpenConscientiousness — Discipline, organization, attention to detailConscExtraversion — Social energy, assertiveness, enthusiasmExtraAgreeableness — Cooperation, trust, empathyAgreeNeuroticism — Emotional sensitivity, stress reactivityNeuro
8
Open
6
Cons
6
Extr
4
Agre
5
Neur
ACME Solar Hold.
ACME Solar Hold.
Utilities · Mid Cap
Pace — Speed of execution and decision-making intensityPaceInnovation — Appetite for disruption vs incremental improvementInnovCulture — Organizational culture type and valuesCultrEfficiency — Operational and capital efficiency focusEfficPurpose — Balance of profit motive vs social missionPurpsBrand — External brand positioning and market perceptionBrand
High Growth · Founder-Centric
About
Manoj Kumar Upadhyay is the Chairman & Managing Director of ACME Solar Hold., a Mid Cap company in the Utilities sector with a market cap of ₹13K Cr. A Transformational leader with 32 years of experience, he is known for authority-driven decision-making and organic builder strategy. His leadership in scaling massive renewable energy projects demonstrates a high-growth, capital-intensive risk appetite.
FAQ
What is Manoj Kumar Upadhyay's leadership style?
Manoj Kumar Upadhyay is classified as a Transformational leader. He is authority-driven in decision-making, with a empire expander motivation and startup-speed pace of execution.
What is Manoj Kumar Upadhyay's educational background?
Manoj Kumar Upadhyay holds a Diploma in Electronics Engineering from Government Polytechnic, Shahjahanpur and a — from —.
Who is the CEO of ACME Solar Hold.?
Manoj Kumar Upadhyay is the Chairman & Managing Director of ACME Solar Hold.. He has been with the company for 22 years and in the current role for 22 years.

Leadership DNA

ArchetypeTransformational
MotivationEmpire Expander
CrisisRevenue Hunter
DecisionAuthority-Driven
GrowthOrganic Builder
PeopleNumbers Driven
InnovationFast-Follower
PaceStartup-Speed
PurposeMission-First
CustomerB2G-Institutional
EmployerDemanding Machine
BrandTechnical-Expert
FocusMarket Expansion
OrientationDeep Specialist

Leadership Evidence

His leadership in scaling massive renewable energy projects demonstrates a high-growth, capital-intensive risk appetite.
⚡ Crisis●●●○○
Upadhyay has consistently pushed for aggressive capacity expansion and market share capture in the solar utility sector even amidst regulatory and pricing volatility.
🎯 Motivation●●●○○
His leadership at ACME is defined by a relentless drive to scale solar assets and enter green hydrogen to achieve dominant market presence.
👥 People●●●○○
The company operates on a high-pressure, performance-centric model focused on project execution timelines and operational efficiency metrics.
📈 Growth●●●○○
ACME Solar's growth has been primarily driven by winning massive competitive bids and scaling internal project development capabilities rather than large-scale M&A.
💡 Innovation●●●●
The company focuses on scaling renewable energy capacity through established utility-scale solar and wind technologies rather than inventing new energy generation methods.
🏃 Pace●●●●
The company has demonstrated aggressive capacity expansion and rapid project commissioning typical of high-growth renewable energy platforms.
🌱 Purpose●●●●●
The company's core business model is explicitly built around the energy transition and decarbonization of the Indian power sector.
🏷️ Brand●●●●
The brand's market reputation is built on its engineering capability to execute large-scale, complex renewable energy infrastructure projects.
🤝 Customer●●●●●
The company primarily operates through long-term Power Purchase Agreements (PPAs) with government-backed entities like SECI and state distribution companies.
💼 Employer●●●○○
The high-growth, project-intensive nature of the renewable sector requires a lean, high-pressure workforce to meet aggressive commissioning timelines.
📋 Mandate
Needs aggressive leadership to navigate the capital-intensive scaling of renewable energy capacity within a competitive policy environment.
🏢 Culture●●●○○
Highly promoter-driven utility firm where the chairman maintains centralized control over strategic capital expansion.

Financials

Revenue FY25₹1K Cr
PAT FY25₹252 Cr
Rev CAGR 5Y-1.9%
OPM67.6%
NPM17.9%
ROE5.6%
ROCE5.6%
P/E31.8
Fwd P/E24.8
P/B3.2
D/E271.8
Promoter83.5%
Institutional7.7%
Mkt Cap₹13K Cr
Compensation
To Be Published
Data being verified from audited reports