Emmvee Photovoltaic Power Limited

NSE: EMMVEECapital Goods

Emmvee Photovoltaic Power Limited Share Price & Analysis

₹325.20−0.37%Updated 4 Sept 2026, 03:30 pm IST
LTP
₹325.20−0.37%
Open
₹329.85
High
₹330.30
Low
₹322.30
Close
₹325.20
52W High
₹372.00
52W Low
₹171.51
Volume
873K
Lot Size
1
Sector
Capital Goods
Market Cap
₹23K Cr
Face Value
₹2
Large CapNIFTY 500Nifty Smallcap 250

Price Chart

Candle
Range

Fundamentals

P/E
17.70
Sector P/E
48.40
P/B
5.82
EPS
₹17.17
ROE
51.10%
ROCE
44.80%
D/E Ratio
0.10
Div Yield
0.00%
Book Value
₹53.40

Strengths

  • Excellent return on equity (ROE 51.1%)
  • Efficient capital deployment (ROCE 44.8%)
  • Attractively valued vs sector (P/E 17.7x vs industry 48.4x)
  • Low debt relative to equity (D/E 0.1x)

Concerns

    Peer Comparison

    CompanyCMPMkt CapP/EP/BROE %ROCE %D/E
    HAL
    Hindustan Aeronautics Limited
    4,856
    ₹3.2L Cr34.87.9124320
    BEL
    Bharat Electronics Limited
    405
    ₹3.0L Cr48.212.3627.436.40
    TMCV
    Tata Motors Limited
    475
    −0.03%
    ₹1.7L Cr22.710.713435.90.44
    ABB
    ABB India Limited
    7,410
    ₹1.6L Cr10216.822.429.90.02
    BHEL
    Bharat Heavy Electricals Limited
    431
    ₹1.5L Cr61.75.746.239.140.45
    SIEMENS
    Siemens Limited
    3,977
    ₹1.4L Cr94.210.2219.221.40.01
    CGPOWER
    CG Power and Industrial Solutions Limited
    891
    ₹1.4L Cr11017.6120.526.70.02

    Showing 7 peers in the same sector · Sorted by market cap

    Corporate Events

    To consider and approve the unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th June 2026.

    Results14 Jul 2026

    Financials

    Quarterly Results

    MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 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
    91.8%
    38.39
    58.2%
    91.92
    182.5%
    32.54

    Values in ₹ Cr · Source: Screener.in

    Annual Profit & Loss

    MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 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
    77.2%
    68.39
    155.4%
    26.78
    223.4%
    8.28
    34.4%
    12.62
    46.2%
    8.63
    31.6%
    12.61
    Div Payout
    6.0%
    0.0%
    0.0%
    0.0%
    0.0%
    0.0%
    0.0%

    Values in ₹ Cr · Source: Screener.in

    Balance Sheet

    ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    Liabilities
    Equity Capital
    ₹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
    ₹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
    ₹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
    ₹1.7K 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
    ₹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
    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
    ₹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
    ₹57 Cr
    77.8%
    ₹257 Cr
    ₹0 Cr
    ₹0 Cr
    100.0%
    ₹1 Cr
    0.0%
    ₹1 Cr
    0.0%
    ₹1 Cr
    Other Assets
    ₹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
    ₹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

    ItemMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
    Operating CF
    ₹200 Cr
    67.4%
    ₹614 Cr
    162.4%
    ₹234 Cr
    296.6%
    ₹59 Cr
    54.3%
    ₹129 Cr
    72.0%
    ₹75 Cr
    58.6%
    ₹181 Cr
    Investing CF
    ₹-304 Cr
    69.2%
    ₹-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
    68.1%
    ₹408 Cr
    54.4%
    ₹894 Cr
    1017.5%
    ₹80 Cr
    195.2%
    ₹-84 Cr
    55.6%
    ₹-54 Cr
    75.3%
    ₹-219 Cr
    Net Cash Flow
    ₹26 Cr
    27.8%
    ₹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
    17.3%
    ₹-375 Cr
    14.8%
    ₹-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

    MetricMar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 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
    88d
    331.6%
    -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

    Frequently Asked Questions

    What is Emmvee Photovoltaic Power Limited share price today?
    Emmvee Photovoltaic Power Limited (EMMVEE) is currently trading at ₹325.2 on NSE, down 0.37% 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 ₹325.2 is 12.6% below the 52W high.
    What is Emmvee Photovoltaic Power Limited P/E ratio?
    Emmvee Photovoltaic Power Limited's current P/E ratio is 17.7. This indicates the market is paying ₹17.7 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.