Emmvee Photovoltaic Power Ltd (EMMVEE)
₹331.00
Mkt cap
₹22,917 Cr
P/E ratio
18.00
P/B
6.20
Div yield
0.00%
ROE
51.10%
ROCE
44.80%
EPS (TTM)
₹18.39
Book value
₹53
52W range
173–365
Sector
Industrials
Incorporated in March 2007, Emmvee Photovoltaic Power Limited is an integrated solar PV module and cell manufacturer. [1]
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthHigh
TechnicalsNeutral
52-week range
−9.40% from high₹331
₹173+91.41% from low₹365
Current
₹331.00
Prev close
₹330.90
Day
+0.03%
Price performance
1D
+0.03%
1W
−1.53%
1M
−1.85%
3M
+28.94%
6M
+63.84%
1Y
—
YTD
+76.30%
Financials
FRevenue, profit & margin
P/E ratio
18.0×
EMMVEE is 39% below the sector median of 29.5×
EMMVEE18.0×
Sector median29.5×
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 402 | 528 | 1,072 | 1,028 | 1,131 | 1,152 | 1,739 | 1,556 | |
| Expenses | 310 | 326 | 711 | 677 | 732 | 739 | 1,168 | 1,007 | |
| Operating Profit | 93 | 202 | 361 | 350 | 399 | 413 | 571 | 548 | |
| OPM % | 23% | 38% | 34% | 34% | 35% | 36% | 33% | 35% | |
| Other Income | 11 | 10 | 3 | 14 | 18 | 16 | 5 | 16 | |
| Interest | 17 | 37 | 46 | 53 | 55 | 33 | 13 | 11 | |
| Depreciation | 23 | 54 | 66 | 72 | 71 | 74 | 79 | 84 | |
| Profit before tax | 64 | 122 | 253 | 240 | 292 | 322 | 484 | 470 | |
| Tax % | 45% | 19% | 18% | 22% | 18% | 18% | 19% | 19% | |
| Net Profit | 35 | 99 | 207 | 188 | 238 | 264 | 392 | 380 | |
| EPS in Rs | 32.54 | 91.92 | 38.39 | 3.16 | 4.01 | 3.81 | 5.67 | 5.49 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +5.73% · closed higher next day 2 of last 4
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202680.03%Promoter
Promoters80.03%
FIIs2.92%0.47
DIIs9.80%2.48
Public7.24%2.00
Government0.00%
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Waaree Energies | ₹2,702.00 | 19.80 | 77,723 | 0.07% | 1,126 | +70.64% | 8,480 | +111.80% | 38.78% |
| Apar Inds. | ₹13,889.00 | 46.29 | 55,798 | 0.37% | 467 | +77.80% | 6,591 | +29.13% | 31.12% |
| Premier Energies | ₹1,019.30 | 30.65 | 46,271 | 0.10% | 457 | +64.44% | 2,230 | +37.60% | 33.32% |
| Emmvee Photovol. | ₹331.00 | 17.99 | 22,917 | 0.00% | 380 | +102.64% | 1,556 | +51.34% | 44.83% |
| MTAR Technologie | ₹5,805.00 | 181.94 | 17,856 | 0.00% | 44 | +212.25% | 306 | +67.14% | 15.20% |
| Diamond Power | ₹295.15 | 105.40 | 15,554 | 0.00% | 57 | +638.19% | 715 | +114.08% | 24.20% |
| Fujiyama Power | ₹383.80 | 38.73 | 11,779 | 0.00% | 106 | +107.49% | 901 | +87.52% | 34.95% |
| Median: 58 Co. | ₹323.30 | 29.52 | 863 | 0.00% | 15 | +56.25% | 171 | +28.73% | 20.30% |
Filings
DAnnual reports1
Concall transcripts13
Credit ratings2
Announcements5
Announcement under Regulation 30 (LODR)-Earnings Call Transcript 2d - Please find the attached transcript of Q1FY27 earning conference call held on July 16, 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Jul - Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015 we are attaching herewith newspaper clipping of unaudited financial results for quarter ended June 30, 2026.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 16 Jul - Q1FY27 earnings conference call audio recording uploaded on company website on July 16, 2026.Announcement under Regulation 30 (LODR)-Investor Presentation 15 Jul - Investor presentation on the unaudited financial results for the quarter ended June 30, 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Jul - Q1 FY27 PAT rose 103% to ₹380.3 crore; 6 GW facility commissioning expected by March 2027.





