| Revenue growth | 116% YoY growth in FY26 to ₹50,499mn. |
|---|---|
| Margins | EBITDA margin expanded to 34% in FY26 from 31% YoY. |
| Order book | 9.4GW as of FY26; 1.27GW inflow in Q4FY26. |
| Demand visibility | Strong, backed by 9.4GW order book and government DCR schemes. |
| Management confidence | High, citing strong order book and successful IPO deleveraging. |
Growth
FY26 revenue grew 116% YoY to ₹50,499mn; PAT surged 193% to ₹10,816mn, driven by higher production volumes.
Outlook
Targeting 16.3GW module and 8.9GW cell capacity by FY28. Order book stands at 9.4GW.
Risks
Intense market competition, raw material price fluctuations, and dependency on regulatory environments like ALMM/DCR policies.
Earnings Call filed with NSE, NSE: EMMVEE. Summary written with AI assistance from the document.
Emmvee Photovoltaic Power Ltd: key numbers
- Share price
- ₹321.90
- Market cap
- ₹22,287 Cr
- Revenue (annual)
- ₹5,050 Cr
- Net profit (annual)
- ₹1,082 Cr
- P/E (TTM)
- 17.5×Sector 45.9×
- Promoter holding
- 80.03%+0.00% QoQ
- FII holding
- 2.92%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Emmvee Photovoltaic Power Ltd
All →Emmvee Photovoltaic Power Other Announcement
The company confirms that there are no changes to the previously submitted Annual Report 2025-26, as required under Regulation 34(1)(b).
Emmvee Photovoltaic Power Annual General Meeting
Emmvee Photovoltaic Power Limited held its 19th Annual General Meeting on September 25, 2026, transacting ordinary and special business as per the notice.
Emmvee Photovoltaic Power Management Change
Emmvee Photovoltaic Power Ltd appointed Mr. Murugesh C as Company Secretary and Compliance Officer, replacing Mr. Nagaraj Shrinivas Ronad, effective September 22, 2026.
Emmvee Photovoltaic Power Dividend
Emmvee Photovoltaic Power Limited has fixed September 18, 2026, as the record date for the dividend of Re. 1.00 per share for FY 2025-26.
Emmvee Photovoltaic Power Annual Report
Emmvee Photovoltaic Power Limited has submitted its Annual Report for FY 2025-26 and the Notice convening its 19th Annual General Meeting.
Emmvee Photovoltaic Power Annual General Meeting
Emmvee Photovoltaic Power Limited will hold its 19th Annual General Meeting on September 25, 2026, via video conferencing to transact business.