| Revenue growth | 116% YoY growth in FY26 to ₹5,049 crores. |
|---|---|
| Margins | EBITDA margin expanded to 34% from 31% YoY. |
| Order book | 9.4 gigawatt as of March 31, 2026. |
| Demand visibility | Strong; order book increased from 4.9GW to 9.4GW YoY. |
| Management confidence | High; citing transition to listed status and successful capacity scaling. |
Growth
FY26 revenue grew 116% YoY; EBITDA increased 140% and PAT rose 193% on higher module production and cell utilization.
Outlook
Expanding to 16.3GW module and 8.9GW cell capacity by end of FY27; entering 9GW ingot-wafer production in FY29.
Risks
Potential ALMM deadline shifts, volatile commodity cycles, and intense competition as technology evolves.
Earnings Call filed with NSE, NSE: EMMVEE. Summary written with AI assistance from the document.
Emmvee Photovoltaic Power Ltd: key numbers
- Share price
- ₹265.80
- Market cap
- ₹18,403 Cr
- Revenue (annual)
- ₹5,050 Cr
- Net profit (annual)
- ₹1,082 Cr
- P/E (TTM)
- 13.0×Sector 44.3×
- Promoter holding
- 80.03%+0.00% QoQ
- FII holding
- 2.19%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 submitted its quarterly shareholding pattern under Regulation 31(1)(b) for the period ending September 30, 2026.
Emmvee Photovoltaic Power Earnings Call Transcript: Key Takeaways
Emmvee delivers a robust quarter with 39% revenue growth and significant interest expense reduction.
Emmvee Photovoltaic Power Investor Presentation: Key Takeaways
Emmvee reported strong Q2FY27 results with Revenue at ₹15,789 mn (+37.4% YoY) and PAT of ₹3,820 mn (+60.6% YoY), driven by robust cell utilization and expanding integration.
Emmvee Photovoltaic Power Results Update
Emmvee reported H1 FY27 revenue of ₹3,131.9 crore and a PAT of ₹762.3 crore. Q2 FY27 revenue grew 39% year-on-year to ₹1,576.4 crore.
Emmvee Photovoltaic Power Q2 FY27 Results: Net Profit ₹382 Cr, Up 60.6% YoY
Emmvee Photovoltaic Power Ltd reported revenue from operations of ₹1,576 Cr (+39.4% YoY) and net profit of ₹382 Cr (+60.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹382 Cr · +60.6% YoY
Emmvee Photovoltaic Power Board Meeting Date
Emmvee Photovoltaic Power Ltd will hold a board meeting on October 14, 2026, to approve Q2FY27 financial results. An earnings call follows on October 15, 2026.