Emmvee Photovoltaic Power Ltd.
Fundamentals
- Market cap
- ₹23,349 cr
- P/E
- 21.59×
- ROE
- 68.74%
- Debt / equity
- 3.63
- Div yield
- 0.30%
- 52-week range
- 171.51 — 352.00
Analysis — the numbers vs the call
- Emmvee's Q1 hides a margin story the headline numbers won't show
A revenue dip and flat profit mask a record operational quarter and an ambitious capacity bet that stretches the balance sheet.
Company snapshot
Emmvee Photovoltaic Power Ltd.
Solar Panel
₹23,876 cr
P/E 18.74×
Latest quarter · Jun 2026
Sales₹1,556 cr
Net profit₹380 cr
Op. margin+35.2%
EPS₹5.49
Strength & growth
Debt / equity3.63×
Current ratio1.24×
The timeline — 4 notes on Emmvee Photovoltaic Power Ltd.
July 2026
- 16 Jul 26 · 5:26 PM IST Brief Brief · Concalls · Large cap
Emmvee hits record margins, PAT surges to ₹380 cr, order book at 9.9 GW
Revenue jumps 51% to ₹1,555 cr, EBITDA margin at 35.2% all-time high, and profit after tax more than doubles. Cell utilisation at 83% and DCR share above 50% drive the surge.
- 15 Jul 26 · 7:32 PM IST Brief Brief · Earnings · Large cap
Emmvee Q1 revenue dips, profit nearly flat; dividend of ₹1 proposed
Revenue fell to ₹1,555.51 cr from ₹1,738.81 cr in the preceding quarter, while net profit slipped only to ₹380.29 cr from ₹392.38 cr. The board recommended a final dividend of ₹1 per share.
- 15 Jul 26 · 7:12 PM IST Brief Brief · Earnings · Large cap
Emmvee Q1 revenue dips, profit nearly flat; ₹1 dividend proposed
Consolidated revenue ₹1,555.52 crore and net profit ₹380.29 crore for June quarter. Board recommends final dividend of ₹1 per share. Routine filing with no surprises.