Capital Goods · NIFTY 500
Emmvee Photovoltaic Power Limited
NSEEMMVEE
BSE544608 ISININE1C6T01020 SeriesEQ Listed on NSE · BSE
₹268.55 +2.75 (+1.03%) Updated 12 Nov, 8:49 pm IST
Price, daily close+14.54% in a year
Today
- Open
- ₹267.99
- Prev close
- ₹265.80
- Day high
- ₹271.25
- Day low
- ₹263.00
- Volume
- 16.57 L
- Value traded
- ₹44.40 Cr
- Upper circuit
- ₹292.38
- Lower circuit
- ₹239.22
- 52W high
- ₹371.55
- 52W low
- ₹171.51
- 1 month
- -16.78%
- 6 months
- -9.13%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹18,593 Cr
P/E (TTM)12.92
P/B4.24
Book value / share₹63.41
EPS (TTM)₹20.79
ROE8.9%
Dividend yield0.37%
Dividend (12m)₹1.00 / share
Net margin (TTM)6.5%
Operating margin35.3%
Debt / equity0.21
Current ratio3.14
EV / EBITDA9.15
Sales growth (YoY qtr)+39.38%
Profit growth (YoY qtr)-100.00%
Sales CAGR 3Y—
Profit CAGR 3Y—
Shares69.23 Cr
Quarterly results
Results for each quarter
Last 5 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—+1.9%+51%-11%+1.3%
Revenue · YoY (vs a year ago)
————+39%
Net profit · QoQ (vs last quarter)
—-100%—-100%—
Net profit · YoY (vs a year ago)
————-100%
RevenueNet profitLine = trend
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————+38%
EPS (₹)Line = trend
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| Revenue | 1,131 | 1,152 | 1,739 | 1,556 | 1,576 |
| Other income | 18.4 | 15.7 | 5.0 | 16.5 | 2.5 |
| Total income | 1,149 | 1,168 | 1,744 | 1,572 | 1,579 |
| Raw material | 722 | 874 | 1,145 | 953 | 877 |
| Purchases | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Employee cost | 37.8 | 40.8 | 43.2 | 33.3 | 32.9 |
| Other expenses | 98.9 | 89.5 | 112 | 95.9 | 79.4 |
| Total expenses | 858 | 846 | 1,260 | 1,102 | 1,114 |
| Operating profit | 399 | 413 | 571 | 548 | 557 |
| OPM % | 35.3% | 35.9% | 32.8% | 35.2% | 35.3% |
| Finance cost | 55.2 | 33.3 | 13.0 | 11.1 | 9.5 |
| Depreciation | 70.9 | 74.0 | 79.2 | 83.9 | 84.6 |
| Profit before tax | 292 | 322 | 484 | 470 | 465 |
| Tax | 53.8 | 58.2 | 91.6 | 89.3 | 83.2 |
| Net profit | 238 | 264 | 392 | 380 | 382 |
| Profit to shareholders | — | 0.0 | 392 | 0.0 | 0.0 |
| EPS (₹) | 4.01 | 4.11 | 5.67 | 5.49 | 5.52 |
Profit & loss
Results for each year
1 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY26
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY26 |
|---|---|
| Revenue | 5,050 |
| Other income | 53.5 |
| Total expenses | 3,766 |
| Employee cost | 137 |
| Operating profit | 1,734 |
| OPM % | 34.3% |
| Finance cost | 155 |
| Depreciation | 296 |
| Profit before tax | 1,338 |
| Tax | 256 |
| Tax rate % | 19.1% |
| Net profit | 1,082 |
| Profit to shareholders | 1,082 |
| Net margin % | 21.4% |
| EPS (₹) | 17.17 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 26
Sep 26
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 26 | Sep 26 |
|---|---|---|
| Shareholders' equity | 3,695 | 4,390 |
| Long-term borrowings | 48.9 | 850 |
| Short-term borrowings | 128 | 60.9 |
| Total borrowings | 177 | 911 |
| Current liabilities | 1,485 | 1,046 |
| Fixed assets (PPE) | 2,632 | 2,637 |
| Inventories | 1,711 | 1,884 |
| Trade receivables | 695 | 819 |
| Cash & equivalents | 243 | 380 |
| Current assets | 3,060 | 3,283 |
| Total assets | 5,772 | 6,841 |
| Debt / equity | 0.05 | 0.21 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY26
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY26 |
|---|---|
| Cash from operations | 200 |
| Cash from investing | -304 |
| Cash from financing | 130 |
| Spent on fixed assets | -653 |
| Free cash flow | -453 |
| Net cash flow | 26.3 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
80.0%promoter
- Promoter & group
- 80.03%
- Public (FIIs, mutual funds, retail…)
- 19.97%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Dividend - Re 1 Per Sh
Board meetings
- Emmvee Photovoltaic Power Limited has informed the Exchange about Board Meeting to be held on 14-Oct-2026 to inter-alia consider and approve the Unau…
- the financial results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026
- Emmvee Photovoltaic Power Limited has informed the Exchange about Board Meeting to be held on 15-Jul-2026 to inter-alia consider and approve the Unau…
- the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June 2026.
- the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend.
Filings with NSE
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Copy of Newspaper Publication
- Analysts/Institutional Investor Meet/Con. Call Updates
- Investor Presentation
- Press Release
- Outcome of Board Meeting
Latest news
Emmvee Photovoltaic to host investor meet on November 17scanx.trade · 12 Nov, 4:37 pmJefferies raises Emmvee Photovoltaic Power target price to Rs 440: Can the stock rally further?The Economic Times · 20 Aug, 12:30 pmEmmvee Photovoltaic zooms 110% from March low; what's driving stock?Business Standard · 16 Jul, 12:30 pmHere's why Emmvee Photovoltaic shares jumped over 8% on Monday - CNBC TV18LinkedIn · 20 Sep, 12:30 pmEmmvee Photovoltaic Power Limited Just Missed Earnings - But Analysts Have Updated Their ModelsSimply Wall St · 17 Oct, 12:30 pmEmmvee Photovoltaic Power Q2 Net Profit Jumps 61% to Rs 382 CrHDFC Sky · 16 Oct, 12:30 pmEmmvee Photovoltaic Power Ltd | Stock Share Price LiveMarketSmith India · 19 Apr, 7:06 pmEmmvee Photovoltaic Power shares hit 52-week after net profit doubles in June quarter; check all Q1 FY27 numbersUpstox · 15 Jul, 12:30 pmAbout
About Emmvee Photovoltaic Power Limited
Emmvee Photovoltaic Power Limited is listed on the NSE under the symbol EMMVEE and belongs to the Capital Goods sector.
Company details
- Company name
- Emmvee Photovoltaic Power Limited
- NSE symbol
- EMMVEE
- BSE scrip code
- 544608
- ISIN
- INE1C6T01020
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 18 Nov 2025
- Face value
- ₹2 per share
- Market lot
- 1 share
- Shares issued
- 69.23 crore
- Index
- NIFTY 500
- Sector (NSE)
- Capital Goods
- Industry
- Semiconductors
- Managing director / CEO
- Suhas Donthi Manjunatha
- Chair
- Manjunatha Donthi Venkatarathnaiah
- Headquarters
- Bengaluru, Karnataka, India
- Founded
- 2007
- Employees
- 3,800
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- emmveepv.com
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.