Emmvee Photovoltaic Power Limited (NSE:EMMVEE)
| Market Cap | 185.79B |
| Revenue (ttm) | 60.23B +60.2% |
| Net Income | 14.18B +93.8% |
| EPS | 20.88 +69.6% |
| Shares Out | 692.35M |
| PE Ratio | 12.85 |
| Forward PE | 11.17 |
| Dividend | 1.00 (0.37%) |
| Ex-Dividend Date | Sep 18, 2026 |
| Volume | 1,657,359 |
| Open | 267.99 |
| Previous Close | 265.80 |
| Day's Range | 263.00 - 271.25 |
| 52-Week Range | 171.51 - 371.55 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 371.00 (+38.25%) |
| Earnings Date | Oct 14, 2026 |
About Emmvee Photovoltaic Power
Emmvee Photovoltaic Power Limited manufactures and sales solar cells, photovoltaic modules, and photovoltaic systems across India and Europe. Its products include TopCon Photovoltaic Module and TopCon Photovoltaic cells. It also executes grid and off-grid photovoltaic power projects on a turnkey basis and operates solar power plants. The company serves independent power producers, entities operating in the commercial and industrial sector, and engineering, procurement and construction service providers in both public and private sectors. The co... [Read more]
Financial Performance
In fiscal year 2026, Emmvee Photovoltaic Power's revenue was 50.50 billion, an increase of 116.21% compared to the previous year's 23.36 billion. Earnings were 10.82 billion, an increase of 193.09%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for EMMVEE stock is "Buy." The 12-month stock price target is ₹371.00, which is an increase of 38.25% from the latest price.
News
Emmvee Photovoltaic Power Transcript: Q2 26/27
H1 FY27 revenue rose 45% and PAT 79% YoY, with EBITDA margins near 35% and operating cash generation improving. A 10.4 GW order book and on-track 6 GW integrated expansion support the FY27 outlook.
Emmvee Photovoltaic Power Quarterly report: Q2 2027
Emmvee Photovoltaic Power has published its Q2 2027 quarterly earnings report on October 14, 2026.
Emmvee Photovoltaic Power Slides: Q2 2027
Emmvee Photovoltaic Power has posted slides in relation to its Q2 2027 quarterly earnings report, which was published on October 14, 2026.
Emmvee Photovoltaic Power Transcript: AGM 2026
FY2026 revenue reached ₹5,050 crore and PAT ₹1,082 crore, with strong production and order-book growth. Priorities include the Devanahalli expansion, operating efficiency, and phased ingot and wafer investment.
Emmvee Photovoltaic Power Transcript: Q1 26/27
Q1 FY27 revenue rose 51% YoY and EBITDA 56%, with 35% margin and record module and cell output. The 9.9 GW order book supports a ₹2,400 crore FY27 EBITDA target and ongoing 6 GW expansion.
Emmvee Photovoltaic Power Quarterly report: Q1 2027
Emmvee Photovoltaic Power has published its Q1 2027 quarterly earnings report on July 15, 2026.
Emmvee Photovoltaic Power Slides: Q1 2027
Emmvee Photovoltaic Power has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on July 15, 2026.
Emmvee Photovoltaic Power Transcript: Q4 25/26
FY2026 revenue grew 116% and PAT 193%, alongside a 9.4 GW order book and stronger balance sheet. Priorities include ramping existing capacity and executing a 6 GW integrated expansion, while competition and policy shifts remain key variables.
Emmvee Photovoltaic Power Annual report: Q4 2026
Emmvee Photovoltaic Power has published its Q4 2026 annual report on April 28, 2026.
Emmvee Photovoltaic Power Quarterly report: Q4 2026
Emmvee Photovoltaic Power has published its Q4 2026 quarterly earnings report on April 28, 2026.
Emmvee Photovoltaic Power Slides: Q4 2026
Emmvee Photovoltaic Power has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on April 28, 2026.
Emmvee Photovoltaic Power Transcript: Q3 25/26
Q3 FY26 revenue rose 118% YoY and EBITDA 105%, with 35.9% margin. Capacity expanded to 10.3 GW of modules, while a 9.3 GW order book and integrated-facility investment underpin growth.
Emmvee Photovoltaic Power Quarterly report: Q3 2026
Emmvee Photovoltaic Power has published its Q3 2026 quarterly earnings report on January 15, 2026.
Emmvee Photovoltaic Power Slides: Q3 2026
Emmvee Photovoltaic Power has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on January 15, 2026.
Emmvee Photovoltaic Power Transcript: Q2 25/26
Q2 revenue rose 181% YoY to INR 1,131 crore, with 35% EBITDA margin; H1 revenue grew 193%. A 5+ GW order book and debt repayment support capacity expansion and management’s margin outlook.
Emmvee Photovoltaic Power Quarterly report: Q2 2026
Emmvee Photovoltaic Power has published its Q2 2026 quarterly earnings report on December 1, 2025.
Emmvee Photovoltaic Power Slides: Q2 2026
Emmvee Photovoltaic Power has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on December 1, 2025.