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Investor Presentation

Emmvee Photovoltaic Power Investor Presentation: Key Takeaways

Emmvee reported strong Q1FY27 results with 51% YoY revenue growth. Strategy focuses on TOPCon cell expansion and backward integration into ingots/wafers.

Highlights
Revenue growth51% YoY growth in Q1FY27.
MarginsEBITDA margin improved to 35% due to internal cell consumption.
Order book9.9 GW as of Q1FY27, providing healthy revenue visibility.
Demand visibilityStrong, supported by 9.9 GW order book and ALMM policy tailwinds.
Management confidenceHigh, citing record production and strong order book momentum.

Growth

Q1FY27 Revenue at INR 1,555 Cr (+51% YoY); PAT at INR 380.3 Cr (+103% YoY).

Outlook

Targeting INR 2,400 Cr EBITDA for FY27. Ongoing 6GW TOPCon expansion; 9GW ingot/wafer facility planned by FY2030.

Risks

Potential impacts from ALMM List 3 timing, silver import procedures, and geopolitical supply chain volatility.

Source

Investor Presentation filed with NSE, NSE: EMMVEE. Summary written with AI assistance from the document.

Read 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.

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17:50 IST BSE
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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).

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Annual General Meeting

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.

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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.

16:45 IST NSE
Dividend

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.

23:55 IST BSE
Annual Report

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.

23:40 IST NSE
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.