Emmvee Photovol.

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

Emmvee Photovoltaic Power Ltd's latest results for Q1 FY27 can be considered quite strong overall. The company reported a net profit of ₹380.29 crores, which is a remarkable increase of 102.64% year-on-year. Additionally, revenue grew by 51.34% year-on-year, reaching ₹1,555.52 crores. While there was a sequential decline of 10.54% in revenue from the previous quarter, this drop appears to be seasonal rather than indicative of a structural issue, as the company maintains impressive operating margins of 35.24%, which are among the best in the industry. The profit after tax (PAT) margin also improved to 24.45%, up from 18.26% in the same quarter last year, reflecting enhanced operational efficiency.Furthermore, Emmvee's Return on Capital Employed (ROCE) stands at an exceptional 39.19%, showcasing its effective capital utilization. Overall, the financial performance demonstrates strong operational excellence and a solid growth trajectory, making the latest results favorable for the company.

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

Based on the information available, Emmvee Photovoltaic Power Ltd presents a mixed investment case. On the positive side, the company showcases high management efficiency with a notable return on equity (ROE) of 0%, indicating effective management practices. It is also net-debt free, which is a strong financial position, and has demonstrated healthy long-term growth with a significant increase in net profit of 25.41%. The company has reported positive results for the last two consecutive quarters, with impressive growth in both profit before tax and profit after tax compared to previous averages. Additionally, it ranks among the top 1% of companies rated by MarketsMojo, reflecting strong fundamentals.However, there are risks to consider. The valuation appears expensive with a price-to-book ratio of 6.9, which could suggest that the stock is overvalued relative to its book value. Furthermore, the decrease in institutional investor participation, with a drop of 1.8% in their stake, may indicate waning confidence from more sophisticated investors who typically have better insights into company fundamentals.Given these factors, if you are looking for a company with solid growth potential and strong management, it might be worth considering a buy. However, be cautious of the high valuation and the declining interest from institutional investors, which could warrant a hold or sell decision depending on your investment strategy and risk tolerance.

Q: What does Emmvee Photovol. do?

Overview:Emmvee Photovoltaic Power Ltd is a company operating in the Other Electrical Equipment industry, classified as a Small Cap entity.History:The company was originally incorporated in 2007 as "Emmvee Toughened Glass and Photovoltaics Private Limited" and later changed its name to "Emmvee Photovoltaic Power Private Limited" in 2010. The latest quarterly results reported are for March 2026, showing net sales and profit figures.Financial Snapshot:Most recent Net Sales: 1,739 Cr (Quarterly Results - Mar 2026) Most recent Net Profit: 392 Cr (Quarterly Results - Mar 2026) Market-cap value: INR 22,989 Cr (Small Cap)Key Metrics:P/E: 21.00 Industry P/E: 58 Dividend Yield: 0.00% Debt-Equity: -0.01 Return on Equity: 29.27% Price to Book: 6.26 Contact Details:Details: No Company Details Available Registrar Address: Not available.

Part of MojoOne Strategy

Market Cap: Small Cap
Industry: Other Electrical Equipment
ISIN: INE1C6T01020
NSEID: EMMVEE
BSEID: 544608
View on NSE | View on BSE

INR

344.85

-20.95 (-5.73%)

BSENSE

Jul 17, 03:30 PM

BSE+NSE Vol: 62.97 lacs

Access older stock analysis version

Mojo Score Change: Emmvee Photovol. has changed its score on 07 Jul 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

62.97 lacs (-16.32%) Volume

Shareholding (Mar 2026)

FII

2.45%

Held by 25 FIIs

DII

12.28%

Held by 22 DIIs

Promoter

80.03%

Why is Emmvee Photovoltaic Power Ltd falling/rising?

19-Jul-2026

As of 18-Jul, Emmvee Photovoltaic Power Ltd's stock price is at 344.85, down 5.73% after two days of gains, underperforming its sector. Despite a strong year-to-date increase of 79.33%, current market conditions and declining institutional participation suggest negative sentiment and downward pressure on the stock.

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Which are the latest news on Emmvee Photovol.?

18-Jul-2026

Emmvee Photovoltaic Power Ltd Gains 3.54%: 7 Key Factors Driving the Week’s Momentum
Are Emmvee Photovoltaic Power Ltd latest results good or bad?

Are Emmvee Photovoltaic Power Ltd latest results good or bad?

16-Jul-2026

Emmvee Photovoltaic Power Ltd's latest Q1 FY27 results are strong, with a net profit of ₹380.29 crores (up 102.64% year-on-year) and revenue growth of 51.34% year-on-year, despite a seasonal decline from the previous quarter. The company shows impressive operating margins and an exceptional Return on Capital Employed, indicating solid financial performance.

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

16-Jul-2026

What does Emmvee Photovol. do?

11-Jun-2026

Emmvee Photovoltaic Power Ltd is a small-cap company in the Other Electrical Equipment industry, specializing in photovoltaic power. As of March 2026, it reported net sales of 1,739 Cr and a net profit of 392 Cr, with a market cap of INR 22,989 Cr.

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How big is Emmvee Photovol.?

11-Jun-2026

As of 10th June, Emmvee Photovoltaic Power Ltd has a market capitalization of 22,989.00 Cr, with recent net sales of 5049.88 Cr and net profit of 1081.55 Cr over the last four quarters.

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Who are the peers of the Emmvee Photovol.?

11-Jun-2026

Emmvee Photovol.'s peers include Waaree Energies, Apar Inds., Premier Energies, Avalon Tech, Diamond Power, Genus Power, Vikram Solar, and Websol Energy. Key metrics show varying management risks, growth rates, and capital structures, with Apar Inds. leading in 1-year returns at 80.89%.

View full answer

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

Compare Emmvee Photovol. with Similar Stocks

Premier Energies Diamond Power Apar Inds.

Score

Part of MojoOne Strategy

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

High Management Efficiency with a high ROE of 0%

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 Profit of 25.41%, the company declared Very Positive results in Jun 26

Company is among the highest 1% of companies rated by MarketsMojo across all 4,000 stocks

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Other Electrical Equipment

Market cap

INR 24,599 Cr (Small Cap)

P/E

19.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.01

Return on Equity

29.27%

Price to Book

6.85

Revenue and Profits:

Net Sales:

1,556 Cr

(Quarterly Results - Jun 2026)

Net Profit:

380 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

29.86%

6 Months

60.17%

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 Gains 3.54%: 7 Key Factors Driving the Week’s Momentum

Key Events This Week

13 Jul: Stock opens strong at Rs.339.35 (+1.89%)

14 Jul: Correction day with Rs.333.90 close (-1.61%)

15 Jul: Recovery to Rs.337.70 (+1.14%)

16 Jul: New 52-week and all-time high at Rs.371.45, surge on heavy volume

17 Jul: Profit-taking leads to Rs.344.85 close (-5.73%)

Week Open

Rs.333.05

Read full news article

Are Emmvee Photovoltaic Power Ltd latest results good or bad?

Emmvee Photovoltaic Power Ltd's latest financial results for Q1 FY27 reflect a complex operational landscape characterized by significant year-on-year growth metrics alongside some sequential challenges. The company reported a net profit of ₹380.29 crores, which represents a substantial year-on-year increase of 102.64%. Revenue for the quarter reached ₹1,555.52 crores, marking a year-on-year growth of 51.34%. However, it is important to note that this revenue figure reflects a sequential decline of 10.54% from the previous quarter's exceptional performance, which appears to be influenced by seasonal factors rather than a fundamental weakening in demand. The operating margin for Emmvee stood at an impressive 35.24%, indicating strong pricing power and operational efficiency within the competitive renewable energy sector. Additionally, the company's Return on Capital Employed (ROCE) was reported at 39.19%, s...

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Emmvee Photovoltaic Power Ltd Locks at Upper Circuit With 8.7% Gain — Buyers Queue, Sellers Absent

At Rs 371.55, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Emmvee Photovoltaic Power Ltd locked at its upper circuit of 10% on 16 Jul 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

16-Jul-2026 | Source : BSE

Pursuant to Regulation 47 of SEBI (LODR) Regulations 2015 we are attaching herewith newspaper clipping of unaudited financial results for quarter ended June 30 2026.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

16-Jul-2026 | Source : BSE

Emmvee Photovoltaic Power Limited has informed the Exchange about the weblink of audio recording of the Q1FY27 earnings call.

Announcement under Regulation 30 (LODR)-Investor Presentation

15-Jul-2026 | Source : BSE

Investor presentation on the unaudited financial results for the quarter ended June 30 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)

1.53

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

1.01

Tax Ratio

19.14%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

14.74%

ROCE (avg)

30.05%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

6.46

EV to EBIT

16.58

EV to EBITDA

13.75

EV to Capital Employed

6.50

EV to Sales

4.72

PEG Ratio

Dividend Yield

ROCE (Latest)

39.19%

ROE (Latest)

29.27%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

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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Quarterly Results Snapshot (Standalone) - Jun'26 - QoQ

Jun'26

Mar'26

Change(%)

Net Sales

216.83

271.42

-20.11%

Operating Profit (PBDIT) excl Other Income

3.09

-1.71

280.70%

Interest

0.82

0.55

49.09%

Exceptional Items

0.00

Standalone Net Profit

36.87

29.40

25.41%

Operating Profit Margin (Excl OI)

1.43%

-0.63%

2.06%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2026 is -20.11% vs 234.80% in Mar 2026

Standalone Net Profit

QoQ Growth in quarter ended Jun 2026 is 25.41% vs 107.48% in Mar 2026

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