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 latest information regarding Emmvee Photovoltaic Power Ltd, it appears to be a compelling investment opportunity. The company has demonstrated impressive growth, with net sales increasing by 234.8% and a significant rise in profit before tax and profit after tax, which grew by 81.7% and 75.1%, respectively. Additionally, the company is net-debt free, which enhances its financial stability.However, there are some risks to consider. The company's return on equity (ROE) is relatively low at 0%, and it carries an expensive valuation with a price-to-book ratio of 4.8. Furthermore, there has been a slight decline in institutional investor participation, which could indicate a lack of confidence among more experienced investors.Given the strong growth metrics and the absence of debt, if you are comfortable with the valuation and the potential risks associated with institutional investor sentiment, it may be wise to consider a buy. However, if you are cautious about high valuations and declining institutional interest, holding off or selling might be prudent until more favorable conditions arise. Ultimately, your decision should align with your investment strategy and risk tolerance.

Mojo Score Change: Emmvee Photovol. has changed its score on 14 May 2026. Click here to unlock latest mojo score!

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.21 cr (278.67%) Volume

Shareholding (Mar 2026)

FII

2.45%

Held by 25 FIIs

DII

12.28%

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

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.

View full answer

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

15-May-2026

Why is Emmvee Photovoltaic Power Ltd falling/rising?

25-May-2026

As of 24-May, Emmvee Photovoltaic Power Ltd's stock price is rising to 264.05, driven by strong financial performance and increased investor interest, despite some risks. The stock has outperformed its sector and shown consecutive gains, indicating a favorable outlook.

View full answer

Which are the latest news on Emmvee Photovol.?

25-May-2026

Emmvee Photovoltaic Power Ltd Shows Technical Momentum Shift Amid Strong Buy Rating
Emmvee Photovoltaic Power Ltd Technical Momentum Shifts Amid Mixed Market Signals

Compare Emmvee Photovol. with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 0%

Healthy long term growth as Net Sales has grown by an annual rate of 0% and Operating profit at 0%
The company is Net-Debt Free

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 18,679 Cr (Small Cap)

P/E

17.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.01

Return on Equity

29.27%

Price to Book

4.94

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

39.02%

6 Months

35.23%

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

Above All Moving Averages and Now at Upper Circuit: Emmvee Photovoltaic Power Ltd Gains 8.8% in a Single Session

At Rs 290.7, 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 8.8% on 25 May 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article

Emmvee Photovoltaic Power Ltd Surges 7.14% to Day's High of Rs 282.8 — Outperforms Sector by 5.55 Percentage Points

The Sensex climbed 1.23% on 25 Jun 2026, yet Emmvee Photovoltaic Power Ltd outpaced the broader market with a robust 7.14% gain, reaching an intraday high of Rs 282.8. This 5.55 percentage-point outperformance over its sector signals a distinctly stock-specific rally rather than a market-wide lift.

Read full news article

Emmvee Photovoltaic Power Ltd Shows Technical Momentum Shift Amid Strong Buy Rating

Emmvee Photovoltaic Power Ltd has experienced a notable shift in its technical momentum, moving from a mildly bearish to a mildly bullish trend, supported by a strong 3.19% gain in the latest trading session. This shift is underscored by a robust MarketsMOJO Mojo Score of 84.0 and an upgraded Mojo Grade to Strong Buy as of 14 May 2026, signalling growing investor confidence in this small-cap player within the Other Electrical Equipment sector.

Read full news article

Announcements

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

18-May-2026 | Source : BSE

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that the Company will be participating in investors/ analysts meetings on 26th and 27th May 2026.

Announcement under Regulation 30 (LODR)-Monitoring Agency Report

13-May-2026 | Source : BSE

Monitoring Agency Report for the quarter ended March 31 2026 on the utilisation of proceeds raised through issuance of Equity Shares by way of public issue.

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

05-May-2026 | Source : BSE

Please find the attached transcript of Q4 & FY26 earnings conference call held on April 29 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

4.94

EV to EBIT

12.66

EV to EBITDA

10.51

EV to Capital Employed

4.96

EV to Sales

3.61

PEG Ratio

Dividend Yield

ROCE (Latest)

39.19%

ROE (Latest)

29.27%

Technicals key factors

Indicator

Weekly

Monthly

MACD

RSI

No Signal

Bollinger Bands

Bullish

KST

Dow Theory

Mildly Bearish

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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          "val2": "-6.63",
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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",
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    "link": "half-yearly",
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    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
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        "prefix": "Standalone Net Profit ",
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      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
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          "field": "Net Sales",
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          "val2": "863.46",
          "chgp": "-16.37%",
          "chgp_class": "negative"
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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"
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          "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",
        "dir": 0
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      {
        "prefix": "Standalone Net Profit ",
        "suffix": "Not Applicable: The company has declared_date for only one period",
        "dir": 0
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    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
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      ],
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          "field": "Net Sales",
          "val1": "803.14",
          "val2": "1,219.62",
          "chgp": "-34.15%",
          "chgp_class": "negative"
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "131.84",
          "val2": "250.92",
          "chgp": "-47.46%",
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          "field": "Interest",
          "val1": "7.58",
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          "chgp_class": "neutral"
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          "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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  },
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          "val2": "721.93",
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          "val1": "154.66",
          "val2": "107.88",
          "chgp": "43.36%",
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          "val2": "0.00",
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          "field": "Consolidate Net Profit",
          "val1": "1,081.55",
          "val2": "369.01",
          "chgp": "193.10%",
          "chgp_class": "positive"
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          "field": "Operating Profit Margin (Excl OI)",
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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