EMMVEE Share Price | Emmvee Photovoltaic Power Ltd Stock Analysis & Recommendation

Q: When is the next results date for Emmvee Photovoltaic Power Ltd?

The next results date for Emmvee Photovoltaic Power Ltd is scheduled for April 28, 2026.

Q: Are Emmvee Photovoltaic Power Ltd latest results good or bad?

Emmvee Photovoltaic Power Ltd's latest results for Q4 FY26 are very strong and can be considered quite good. The company reported a net profit of ₹392.38 crore, which represents an impressive 89.43% increase year-over-year. Additionally, revenue surged to ₹1,738.81 crore, marking a 62.25% increase compared to the same quarter last year. The profit after tax margin also improved to 22.57%, up from 19.33% in the same quarter last year, indicating enhanced operational efficiency. Furthermore, the company's return on capital employed (ROCE) stands at a robust 20.91%, reflecting strong capital efficiency.Overall, these results highlight Emmvee's solid performance and position within the growing renewable energy sector in India, driven by increasing demand for solar manufacturing capabilities.

Q: Should I buy, sell or hold Emmvee Photovoltaic Power Ltd?

Based on the current information regarding Emmvee Photovoltaic Power Ltd, there are several factors to consider before making a decision to buy, sell, or hold.On the positive side, the company is net-debt free, which is a strong indicator of financial health. The recent outstanding results, particularly the significant growth in net sales by 234.8% and a high operating profit to interest ratio of 43.83 times, suggest robust performance. Additionally, the company has achieved its highest net sales and PBDIT figures recently, indicating strong operational efficiency.However, there are also risks to consider. The company's valuation appears expensive, with a high enterprise value to capital employed ratio of 8.1. While the return on capital employed (ROCE) is impressive at 53.2%, the stock has not generated a return over the past year, despite profits rising significantly by 193%. Furthermore, there has been a decline in institutional investor participation, with a 1.8% decrease in their stake, which could signal concerns about the company's future prospects.Given these mixed signals, if you are inclined towards a growth-oriented investment and are comfortable with the current valuation and risks, it may be a good time to buy. Conversely, if you are cautious about the declining institutional interest and the expensive valuation, holding or selling might be more prudent. Ultimately, your decision should align with your investment strategy and risk tolerance.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

67.18 lacs (17.17%) Volume

Shareholding (Mar 2026)

FII

2.45%

Held by 25 FIIs

DII

2.31%

Held by 22 DIIs

Promoter

80.03%

When is the next results date for Emmvee Photovoltaic Power Ltd?

23-Apr-2026

The next results date for Emmvee Photovoltaic Power Ltd is April 28, 2026.

View full answer

Which are the latest news on Emmvee Photovol.?

29-Apr-2026

Emmvee Photovoltaic Power Ltd Locks at Upper Circuit With 9.24% Gain — Buyers Queue, Sellers Absent
Emmvee Photovoltaic Power Ltd Surges on Exceptional Volume and Strong Investor Interest

Are Emmvee Photovoltaic Power Ltd latest results good or bad?

29-Apr-2026

Emmvee Photovoltaic Power Ltd's latest Q4 FY26 results are strong, with a net profit of ₹392.38 crore (up 89.43% year-over-year) and revenue of ₹1,738.81 crore (up 62.25%). The improved profit margin and robust return on capital employed indicate solid performance in the renewable energy sector.

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Should I buy, sell or hold Emmvee Photovoltaic Power Ltd?

29-Apr-2026

Why is Emmvee Photovoltaic Power Ltd falling/rising?

30-Apr-2026

As of 29-Apr, Emmvee Photovoltaic Power Ltd's stock price is rising, currently at 290.90, reflecting an increase of 18.65 (6.85%). The stock has shown strong performance, reaching a new high of Rs. 299.45, driven by significant growth in net sales and increased investor interest, despite some risks.

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Compare Emmvee Photovol. with Similar Stocks

Premier Energies Genus Power Apar Inds.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

The company is Net-Debt Free

Healthy long term growth as Net Sales has grown by an annual rate of 0% and Operating profit at 0%

With a growth in Net Sales of 234.8%, the company declared Outstanding results in Mar 26

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Other Electrical Equipment

Market cap

INR 19,233 Cr (Small Cap)

P/E

19.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

1.83

Return on Equity

113.05%

Price to Book

20.99

Revenue and Profits:

Net Sales:

1,739 Cr

(Quarterly Results - Mar 2026)

Net Profit:

392 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

40.45%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Emmvee Photovol. for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Emmvee Photovoltaic Power Ltd Hits Intraday Low Amid Price Pressure

Emmvee Photovoltaic Power Ltd experienced a notable decline today, touching an intraday low of Rs 268.85, reflecting a sharp price correction of 7.58% amid broader market weakness and sector underperformance.

Read full news article

Emmvee Photovoltaic Power Ltd Sees Technical Momentum Shift Amid Strong Price Gains

Emmvee Photovoltaic Power Ltd has demonstrated a notable shift in price momentum, transitioning from a sideways trend to a mildly bullish stance, supported by a range of technical indicators. The stock’s recent 6.85% intraday gain and a strong Mojo Grade upgrade from Sell to Buy underscore renewed investor confidence amid robust price action and improving market dynamics.

Read full news article

Emmvee Photovoltaic Power Ltd: Valuation Shift Signals Renewed Price Attractiveness

Emmvee Photovoltaic Power Ltd has witnessed a significant re-rating in its valuation parameters, moving from a 'very expensive' to an 'expensive' classification, accompanied by a notable upgrade in its Mojo Grade from Sell to Buy. This shift reflects growing investor confidence amid robust financial metrics and a strong market performance that outpaces benchmark indices.

Read full news article

Announcements

Announcement under Regulation 30 (LODR)-Investor Presentation

28-Apr-2026 | Source : BSE

Investor Presentation on the audited standalone and consolidated financial results for the quarter and financial year ended March 31 2026.

Results - Financial Results For The Quarter And Year Ended March 31 2026

28-Apr-2026 | Source : BSE

Please find attached Financial Results for the quarter and year ended March 31 2026.

Board Meeting Outcome for Outcome Of Board Meeting For The Financial Result For The Quarter And Year Ended March 31 2026.

28-Apr-2026 | Source : BSE

Outcome of the Board Meeting for the financial results for the quarter and year ended March 31 2026.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

EBIT Growth (5y)

EBIT to Interest (avg)

4.34

Debt to EBITDA (avg)

2.85

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.78

Tax Ratio

19.14%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

14.74%

ROCE (avg)

20.91%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

20.99

EV to EBIT

15.17

EV to EBITDA

12.59

EV to Capital Employed

8.07

EV to Sales

4.32

PEG Ratio

Dividend Yield

ROCE (Latest)

53.16%

ROE (Latest)

113.05%

Technicals key factors

Indicator

Weekly

Monthly

MACD

RSI

Bearish

Bollinger Bands

Bullish

KST

Dow Theory

Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 20 Schemes (7.59%)

FIIs

Held by 25 FIIs (2.45%)

Promoter with highest holding

Shubha Manjunatha Donthi (38.46%)

Highest Public shareholder

Icici Prudential Mf Mutual Fund Through Various Schemes (2.59%)

Individual Investors Holdings

3.87%

Financial

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          "val1": "-1.71",
          "val2": "-6.63",
          "chgp": "74.21%",
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        {
          "field": "Interest",
          "val1": "0.55",
          "val2": "1.18",
          "chgp": "-53.39%",
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          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Standalone Net Profit",
          "val1": "29.40",
          "val2": "14.17",
          "chgp": "107.48%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
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  },
  {
    "link": "half-yearly",
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        "Sep'25",
        "Sep'24",
        "Change(%)"
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          "field": "Operating Profit (PBDIT) excl Other Income",
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          "field": "Interest",
          "val1": "6.40",
          "val2": "14.39",
          "chgp": "-55.52%",
          "chgp_class": "positive"
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        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Standalone Net Profit",
          "val1": "112.18",
          "val2": "-3,216.49",
          "chgp": "103.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.18%",
          "val2": "22.21%",
          "chgp": "-3.03%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
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        "suffix": "Not Applicable: The company has declared_date for only one period",
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        "Dec'25",
        "Dec'24",
        "Change(%)"
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          "field": "Net Sales",
          "val1": "803.14",
          "val2": "1,219.62",
          "chgp": "-34.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "131.84",
          "val2": "250.92",
          "chgp": "-47.46%",
          "chgp_class": "negative"
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        {
          "field": "Interest",
          "val1": "7.58",
          "val2": "19.60",
          "chgp": "-61.33%",
          "chgp_class": "positive"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "126.35",
          "val2": "-3,176.90",
          "chgp": "103.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.42%",
          "val2": "20.57%",
          "chgp": "-4.15%",
          "chgp_class": "negative"
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      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
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        "suffix": "YoY Growth in year ended Mar 2026 is 193.10% vs 1,176.85% in Mar 2025",
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        "Mar'26",
        "Mar'25",
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          "val1": "1,734.37",
          "val2": "721.93",
          "chgp": "140.24%",
          "chgp_class": "positive"
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          "field": "Interest",
          "val1": "154.66",
          "val2": "107.88",
          "chgp": "43.36%",
          "chgp_class": "negative"
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          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Consolidate Net Profit",
          "val1": "1,081.55",
          "val2": "369.01",
          "chgp": "193.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "30.91%",
          "chgp": "3.43%",
          "chgp_class": "positive"
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      ]
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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

271.42

81.07

234.80%

Operating Profit (PBDIT) excl Other Income

-1.71

-6.63

74.21%

Interest

0.55

1.18

-53.39%

Exceptional Items

0.00

Standalone Net Profit

29.40

14.17

107.48%

Operating Profit Margin (Excl OI)

-0.63%

-8.18%

7.55%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 234.80% vs -70.70% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is 107.48% vs -35.62% in Dec 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Sep'24

Change(%)

Net Sales

722.07

863.46

-16.37%

Operating Profit (PBDIT) excl Other Income

138.47

191.80

-27.81%

Interest

6.40

14.39

-55.52%

Exceptional Items

0.00

Standalone Net Profit

112.18

-3,216.49

103.49%

Operating Profit Margin (Excl OI)

19.18%

22.21%

-3.03%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'25

Dec'25

Dec'24

Change(%)

Net Sales

803.14

1,219.62

-34.15%

Operating Profit (PBDIT) excl Other Income

131.84

250.92

-47.46%

Interest

7.58

19.60

-61.33%

Exceptional Items

0.00

Standalone Net Profit

126.35

-3,176.90

103.98%

Operating Profit Margin (Excl OI)

16.42%

20.57%

-4.15%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Consolidated) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

5,049.88

2,335.61

116.21%

Operating Profit (PBDIT) excl Other Income

1,734.37

721.93

140.24%

Interest

154.66

107.88

43.36%

Exceptional Items

0.00

Consolidate Net Profit

1,081.55

369.01

193.10%

Operating Profit Margin (Excl OI)

34.34%

30.91%

3.43%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 116.21% vs 145.35% in Mar 2025

Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 193.10% vs 1,176.85% in Mar 2025

All Annual Results

Company CV

About Emmvee Photovoltaic Power Ltd

Emmvee Photovoltaic Power Ltd

Small Cap

Other Electrical Equipment

Emmvee Photovoltaic Power Limited was originally incorporated as "Emmvee Toughened Glass and Photovoltaics Private Limited" as a private limited company, dated March 21, 2007. Pursuant to a change in the name of the Company to "Emmvee Photovoltaic Power Private Limited", a fresh Certificate of incorporation dated November 10, 2010, was issued by the RoC.

Company Coordinates

No Company Details Available