1. India Stocks

  2. •

    Energy

  3. •

    Solar
Emmvee Photovoltaic Power Limited

Emmvee Photovoltaic Power Limited

EMMVEE.NS
Emmvee Photovoltaic Power LimitedIN flagNational Stock Exchange of India
326.40
INR
+1.70
- -
225.98BMarket Cap
Emmvee Photovoltaic Power Limited
EMMVEE.NS
(National Stock Exchange of India)

Recent

price

326.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2023
2024
2025
2026
TTM
FRC
8.73
13.6
33.73
80.17
82.07
Revenue per Share
0.13
0.42
5.33
17.17
18.75
Basic EPS, GAAP
-5.56
-6.36
-5.25
-7.19
2.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
2.03
2.44
7.75
53.37
- -
Book Value per Share
2.02
2.41
7.73
53.35
- -
Tangible Book Value per Share
692
692
692
630
680
Basic Weighted Avg Shares
6,046
9,415
23,356
50,499
55,776
Sales/Revenue/Turnover
2.81
11.83
24.23
28.49
29.12
Operating Margin (%)
427
418
1,560
2,956
3,079
Depreciation Expense
89
289
3,690
10,816
12,742
Net Income, GAAP
23.11
39.31
23.57
19.14
18.69
Effective Tax Rate (%)
1.48
3.07
15.8
21.42
22.84
Profit Margin (%)
134
2,868
3,352
15,750
- -
Working Capital
3,785
11,784
17,845
1,975
- -
LT Debt
1,405
1,688
5,368
36,949
- -
Total Equity
- -
5.92
20.2
34.57
89.2
Return on Invested Capital (%)
- -
4.11
21.41
36.25
93.69
Return on Capital (%)
- -
18.69
104.6
51.12
353.71
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,626
- -
LT Borrowings
- -
489
- -
LT Finance Leases
- -
1,486
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
692
692
692
Market Capitalization
133,173
150,495
237,474

Working Capital

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
30,597
- -
Cash, Cash Equivalents & STI
- -
2,795
- -
Accounts Receivable, Net
- -
6,950
- -
Inventories
- -
17,106
- -
Total Current Liabilities
- -
14,847
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,626
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
588.33%
Free Cash Flow
- -
- -
24.65%
Net Income, GAAP
- -
- -
193.09%
Sales/Revenue/Turnover
- -
- -
116.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,300
4,024
5,283
10,717
23,356
2026
10,278
11,310
11,523
17,388
50,499
2027
15,555
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.4
0.51
1.43
2.99
5.33
2026
2.71
3.44
4.11
5.67
17.17
2027
5.49
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
Similar Companies
Insolation Energy Ltd. (INA.BO)
Gensol Engineering Limited (GENSOL.NS)
ARISE Technologies Corporation (APVNF)
Xinyi Solar Holdings Limited (XNYIF)
The Awareness Group Inc (TAAG)
Motech Industries Inc. (6244.TWO)
Business
Emmvee Photovoltaic Power Limited engages in the design, manufacture, and supply of photovoltaic modules and solar energy solutions. It focuses on the development of solar modules, including mono- and poly-crystalline photovoltaic panels, and related photovoltaic power products, engineering, procurement, and construction (EPC) services for solar projects. The company offers turnkey solar solutions and system integration for utility-scale, industrial, and residential applications, along with after-sales support, maintenance services, and performance monitoring. It operates across India and internationally, addressing project developers, independent power producers, and commercial/industrial end-users. Founding year and headquarters: founded in 2010; headquarters in Bengaluru, Karnataka, India. Geographic operations and segments: primarily India-based manufacturing and project delivery, with regional forays into international markets through partnerships and export channels; serves energy, utilities, and commercial segments with a focus on solar PV module manufacturing and turnkey solar installations. Subsidiaries/affiliates: parent company Emmvee Group; maintains affiliated manufacturing facilities and project execution partners to support global deployments. Latest major company changes: recent partnerships and strategic alliances to expand manufacturing capacity and market reach; expansion of product offerings with higher efficiency modules; initiation of new EPC/project development collaborations; potential modernization of production lines to improve yield and reduce cost per watt; ongoing organizational growth aligned with expanding solar deployment across multiple regions. As of the most recent updates, the company strengthens its position through collaborations, capacity expansion, and enhanced module technology offerings.