Emmvee Photovoltaic Power Limited Share Price & Analysis
₹243.75+1.29%Updated 28 Oct 2026, 03:30 pm IST
LTP
₹243.75+1.29%Open
₹240.30High
₹247.20Low
₹239.25Close
₹243.7552W High
₹372.0052W Low
₹171.51Volume
1411KLot Size
1Sector
Capital GoodsMarket Cap
₹16K CrFace Value
₹2Mid CapNIFTY 500Nifty Smallcap 250
Price Chart
Candle
Range
Fundamentals
P/E
11.50Sector P/E
47.10P/B
5.82EPS
₹17.17ROE
50.70%ROCE
44.60%D/E Ratio
0.10Div Yield
0.42%Book Value
₹63.40Strengths
- Excellent return on equity (ROE 50.7%)
- Efficient capital deployment (ROCE 44.6%)
- Attractively valued vs sector (P/E 11.5x vs industry 47.1x)
- Low debt relative to equity (D/E 0.1x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
EMMVEE · as of Sep 2026
Promoters80.03%
FII2.19%0.73pp
DII9.82%0.02pp
Public7.98%0.74pp
| Category | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|
| Promoters | 80.03% | 80.03% | 80.03% | 80.03% |
| FII | 3.97% | 2.45% | 2.92% | 2.19% |
| DII | 12.50% | 12.28% | 9.80% | 9.82% |
| Public | 3.43% | 5.24% | 7.24% | 7.98% |
| Govt | 0.07% | — | — | — |
Corporate Events
To consider and approve the financial results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026
Results13 Oct 2026
Dividend - Re 1 Per Sh
Dividend17 Sept 2026
To consider and approve the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June 2026.
Results14 Jul 2026
Latest News
All newsFinancials
Quarterly Results
| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.6K Cr 10.5% | ₹1.7K Cr 51.0% | ₹1.2K Cr 1.9% | ₹1.1K Cr 10.0% | ₹1.0K Cr 4.1% | ₹1.1K Cr 103.0% | ₹528 Cr 31.3% | ₹402 Cr |
| Op. Profit | ₹548 Cr 4.0% | ₹571 Cr 38.3% | ₹413 Cr 3.5% | ₹399 Cr 14.0% | ₹350 Cr 3.0% | ₹361 Cr 78.7% | ₹202 Cr 117.2% | ₹93 Cr |
| OPM | 35.0% 6.1% | 33.0% 8.3% | 36.0% 2.9% | 35.0% 2.9% | 34.0% 0.0% | 34.0% 10.5% | 38.0% 65.2% | 23.0% |
| Net Profit | ₹380 Cr 3.1% | ₹392 Cr 48.5% | ₹264 Cr 10.9% | ₹238 Cr 26.6% | ₹188 Cr 9.2% | ₹207 Cr 109.1% | ₹99 Cr 182.9% | ₹35 Cr |
| EPS (₹) | 5.49 3.2% | 5.67 48.8% | 3.81 5.0% | 4.01 26.9% | 3.16 9.5% | 3.49 109.0% | 1.67 94.9% | 32.54 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹5.0K Cr 116.2% | ₹2.3K Cr 145.4% | ₹952 Cr 54.0% | ₹618 Cr 11.4% | ₹555 Cr 30.9% | ₹424 Cr 23.6% | ₹555 Cr |
| Expenses | ₹3.3K Cr 105.5% | ₹1.6K Cr 94.0% | ₹832 Cr 48.0% | ₹562 Cr 24.6% | ₹451 Cr 44.6% | ₹312 Cr 30.8% | ₹451 Cr |
| Op. Profit | ₹1.7K Cr 140.2% | ₹722 Cr 501.7% | ₹120 Cr 114.3% | ₹56 Cr 46.2% | ₹104 Cr 8.0% | ₹113 Cr 7.6% | ₹105 Cr |
| OPM | 34.0% 9.7% | 31.0% 138.5% | 13.0% 44.4% | 9.0% 52.6% | 19.0% 29.6% | 27.0% 42.1% | 19.0% |
| Other Income | ₹54 Cr 116.0% | ₹25 Cr 733.3% | ₹3 Cr 88.5% | ₹26 Cr 116.7% | ₹12 Cr 500.0% | ₹2 Cr 77.8% | ₹9 Cr |
| Interest | ₹155 Cr 43.5% | ₹108 Cr 217.6% | ₹34 Cr 21.4% | ₹28 Cr 42.9% | ₹49 Cr 21.0% | ₹62 Cr 4.6% | ₹65 Cr |
| Depreciation | ₹296 Cr 89.7% | ₹156 Cr 271.4% | ₹42 Cr 2.3% | ₹43 Cr 2.4% | ₹42 Cr 19.2% | ₹52 Cr 33.3% | ₹39 Cr |
| PBT | ₹1.3K Cr 177.0% | ₹483 Cr 906.3% | ₹48 Cr 300.0% | ₹12 Cr 52.0% | ₹25 Cr 2400.0% | ₹1 Cr 88.9% | ₹9 Cr |
| Tax % | 19.0% 20.8% | 24.0% 38.5% | 39.0% 69.6% | 23.0% 53.1% | 49.0% 104.6% | -1064.0% 2318.2% | -44.0% |
| Net Profit | ₹1.1K Cr 193.2% | ₹369 Cr 1172.4% | ₹29 Cr 222.2% | ₹9 Cr 30.8% | ₹13 Cr 44.4% | ₹9 Cr 35.7% | ₹14 Cr |
| EPS (₹) | 15.62 151.1% | 6.22 1169.4% | 0.49 226.7% | 0.15 34.8% | 0.23 43.8% | 0.16 30.4% | 0.23 |
| Div Payout | 6.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||
| Equity Capital | ₹138 Cr 0.0% | ₹138 Cr 1154.5% | ₹11 Cr 0.0% | ₹11 Cr 0.0% | ₹11 Cr 0.0% | ₹11 Cr 0.0% | ₹11 Cr 0.0% | ₹11 Cr |
| Reserves | ₹4.3K Cr 19.6% | ₹3.6K Cr 576.0% | ₹526 Cr 232.9% | ₹158 Cr 21.5% | ₹130 Cr 23.5% | ₹170 Cr 1.2% | ₹168 Cr 5.7% | ₹159 Cr |
| Borrowings | ₹1.1K Cr 207.8% | ₹360 Cr 82.6% | ₹2.1K Cr 42.7% | ₹1.4K Cr 176.1% | ₹524 Cr 8.7% | ₹482 Cr 20.1% | ₹603 Cr 5.8% | ₹570 Cr |
| Other Liabilities | ₹1.3K Cr 21.9% | ₹1.7K Cr 30.9% | ₹1.3K Cr 135.1% | ₹558 Cr 222.5% | ₹173 Cr 2.8% | ₹178 Cr 91.4% | ₹93 Cr 30.6% | ₹134 Cr |
| Total Liabilities | ₹6.8K Cr 18.5% | ₹5.8K Cr 47.5% | ₹3.9K Cr 80.1% | ₹2.2K Cr 159.3% | ₹838 Cr 0.5% | ₹842 Cr 3.7% | ₹874 Cr 0.1% | ₹873 Cr |
Assets | ||||||||
| Fixed Assets | ₹2.6K Cr 0.2% | ₹2.6K Cr 28.7% | ₹2.0K Cr 603.1% | ₹291 Cr 9.9% | ₹323 Cr 34.5% | ₹493 Cr 12.3% | ₹562 Cr 5.2% | ₹593 Cr |
| CWIP | ₹213 Cr 2030.0% | ₹10 Cr 23.1% | ₹13 Cr 98.0% | ₹646 Cr 594.6% | ₹93 Cr 564.3% | ₹14 Cr 133.3% | ₹6 Cr 500.0% | ₹1 Cr |
| Investments | ₹33 Cr 42.1% | ₹57 Cr 77.8% | ₹257 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹1 Cr 0.0% | ₹1 Cr 0.0% | ₹1 Cr |
| Other Assets | ₹4.0K Cr 28.8% | ₹3.1K Cr 92.2% | ₹1.6K Cr 29.2% | ₹1.2K Cr 193.8% | ₹421 Cr 26.0% | ₹334 Cr 9.5% | ₹305 Cr 9.3% | ₹279 Cr |
| Total Assets | ₹6.8K Cr 18.5% | ₹5.8K Cr 47.5% | ₹3.9K Cr 80.1% | ₹2.2K Cr 159.3% | ₹838 Cr 0.5% | ₹842 Cr 3.7% | ₹874 Cr 0.1% | ₹873 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Operating CF | ₹200 Cr 68.0% | ₹625 Cr 167.1% | ₹234 Cr 296.6% | ₹59 Cr 54.3% | ₹129 Cr 72.0% | ₹75 Cr 58.6% | ₹181 Cr |
| Investing CF | ₹-306 Cr 69.0% | ₹-986 Cr 1.4% | ₹-1.0K Cr 663.4% | ₹-131 Cr 755.0% | ₹20 Cr 183.3% | ₹-24 Cr 50.0% | ₹-16 Cr |
| Financing CF | ₹130 Cr 67.3% | ₹397 Cr 55.6% | ₹894 Cr 1017.5% | ₹80 Cr 195.2% | ₹-84 Cr 55.6% | ₹-54 Cr 75.3% | ₹-219 Cr |
| Net Cash Flow | ₹24 Cr 33.3% | ₹36 Cr 72.1% | ₹129 Cr 1512.5% | ₹8 Cr 87.7% | ₹65 Cr 3350.0% | ₹-2 Cr 96.4% | ₹-55 Cr |
| Free Cash Flow | ₹-440 Cr 21.2% | ₹-363 Cr 17.5% | ₹-440 Cr 154.3% | ₹-173 Cr 217.7% | ₹147 Cr 172.2% | ₹54 Cr 64.0% | ₹150 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 50d 66.7% | 30d 18.9% | 37d 9.8% | 41d 51.9% | 27d 55.7% | 61d 60.5% | 38d |
| Inventory Days | 225d 14.2% | 197d 33.1% | 148d 43.7% | 103d 2.0% | 101d 31.8% | 148d 100.0% | 74d |
| Days Payable | 116d 27.5% | 91d 18.2% | 77d 54.0% | 50d 47.1% | 34d 57.0% | 79d 31.7% | 60d |
| Cash Conv. Cycle | 159d 16.9% | 136d 25.9% | 108d 16.1% | 93d 1.1% | 94d 28.2% | 131d 156.9% | 51d |
| Working Capital Days | 86d 326.3% | -38d 57.8% | -90d 221.4% | -28d 36.4% | -44d 51.7% | -29d 17.1% | -35d |
| ROCE | 45.0% 60.7% | 28.0% 300.0% | 7.0% 16.7% | 6.0% 33.3% | 9.0% 12.5% | 8.0% | — |
Source: Screener.in · Lower days = better efficiency
About Emmvee Photovoltaic Power Limited
Incorporated in March 2007, Emmvee Photovoltaic Power Limited is an integrated solar PV module and cell manufacturer.[1]
Capital GoodsElectrical Equipment
Related Analysis
Frequently Asked Questions
What is Emmvee Photovoltaic Power Limited share price today?
Emmvee Photovoltaic Power Limited (EMMVEE) is currently trading at ₹243.75 on NSE, up 1.29% as of the last market session. Prices update daily after market close on MarketNetra.
Is Emmvee Photovoltaic Power Limited available in F&O (Futures & Options)?
Yes, Emmvee Photovoltaic Power Limited (EMMVEE) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Emmvee Photovoltaic Power Limited 52-week high and low?
Emmvee Photovoltaic Power Limited's 52-week high is ₹372 and the 52-week low is ₹171.51. The current price of ₹243.75 is 34.5% below the 52W high.
What is Emmvee Photovoltaic Power Limited P/E ratio?
Emmvee Photovoltaic Power Limited's current P/E ratio is 11.5. This indicates the market is paying ₹11.5 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Emmvee Photovoltaic Power Limited options?
Emmvee Photovoltaic Power Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade EMMVEE options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.