Emmvee Photovoltaic Power financials

Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹1,576cr+39.4% on Q2 FY26
Net profit
₹382cr+60.6% on Q2 FY26
EBITDA margin
35.3%0.0 pts on Q2 FY26
EPS
₹5.52+37.7% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue1,5761,131+39.4%
EBITDA557399+39.4%
EBITDA margin35.3%35.3%0.0 pts
Profit before tax465292+59.5%
Net profit382238+60.6%
EPS₹5.52₹4.01+37.7%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹1,576 crNet profit₹382 crNet margin24.2%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026
16,876—
380273
177177
16,674—
6,0235,050
2,0891,734
34.7%34.3%
1,7681,439
1,4181,082
23.5%21.4%
₹20.49₹15.62
—200
—−653
−453−453
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

EMMVEE₹243.75

Emmvee Photovoltaic Power Ltd.

· Capital Goods & Defence
₹ CrorePeersWAAREEENERPREMIERENEELGIEQUIPELECONFINCABLESGALLANTTGRAPHITECPPLUSMcap ₹16,876 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization—16,875.9
- Cash, Equiv & ST Investments272.7379.5
+ Total Debt177.3177.3
Enterprise Value—16,673.7
Revenue5,049.96,023.0
EBITDA1,734.42,089.5
Margin %34.3434.69
EBIT1,438.71,767.8
Net Income1,081.61,418.4
Margin %21.4223.55
EPS, Adj (current shares)15.6220.49
Cash from Operations200.1—
Capital Expenditures-653.3—
Free Cash Flow-453.2-453.2
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Emmvee Photovoltaic Power financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Emmvee Photovoltaic Power (NSE: EMMVEE) had a market capitalisation of ₹16,872 crore at the 29 October 2026 close (₹243.70 a share), a PE ratio of 11.9 on the last four quarters' profit and a price-to-book ratio of 3.84. In FY26 its consolidated net profit was ₹1,082 crore on revenue of ₹5,050 crore; in Q2 FY27 (July–September 2026) it was ₹382 crore, up 60.6% year on year. Its debt-to-equity ratio was 0.21 on 30 September 2026. Promoters held 80.03% of the shares on 30 September 2026.

Share price used
₹243.70 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

Emmvee Photovoltaic Power at a glance · consolidated

Market cap
₹16,872 Crat ₹243.70 · 29 Oct close
PE ratio (last 4 quarters)
11.915.6 on FY26 profit
Price to book (PB)
3.84book value ₹63.41 a share
Debt to equity
0.21net debt ₹529 Cr
Promoter holding
80.03%unchanged vs 30 Jun 202630 September 2026
Net worth
₹4,390 Cr+358.9% vs 30 Sep 202530 September 2026

Questions

What is the Emmvee Photovoltaic Power PE ratio today?

Emmvee Photovoltaic Power's PE ratio is 11.9 at the 29 October 2026 close (₹243.70 a share): a market capitalisation of ₹16,872 crore divided by consolidated net profit of ₹1,418 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹1,082 crore) it is 15.6.

What is the Emmvee Photovoltaic Power PB ratio (price to book value)?

Emmvee Photovoltaic Power's price-to-book (PB) ratio is 3.84 at the 29 October 2026 close: a market capitalisation of ₹16,872 crore divided by shareholders' equity (book value) of ₹4,390 crore on 30 September 2026. That is a book value of ₹63.41 per share against a share price of ₹243.70.

What is the Emmvee Photovoltaic Power net worth?

Emmvee Photovoltaic Power's net worth — shareholders' equity in its consolidated balance sheet — was ₹4,390 crore on 30 September 2026, up 358.9% from ₹957 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹16,872 crore at the 29 October 2026 close.

What is the Emmvee Photovoltaic Power market cap?

Emmvee Photovoltaic Power's market capitalisation was ₹16,872 crore at the 29 October 2026 close: 69.23 crore shares at ₹243.70 each.

Is Emmvee Photovoltaic Power debt free?

No. Emmvee Photovoltaic Power had borrowings of ₹911 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.21. Its cash and current investments were ₹382 crore, so its net debt was ₹529 crore.

What is the Emmvee Photovoltaic Power promoter holding?

Promoters held 80.03% of Emmvee Photovoltaic Power on 30 September 2026, unchanged from the previous quarter, according to the shareholding pattern filed with NSE.

What is the Emmvee Photovoltaic Power debt to equity ratio?

Emmvee Photovoltaic Power's debt-to-equity ratio was 0.21 on 30 September 2026: borrowings of ₹911 crore against total equity of ₹4,390 crore. A year earlier, on 30 September 2025, it was 1.95.

What is the Emmvee Photovoltaic Power book value per share?

Emmvee Photovoltaic Power's book value per share was ₹63.41 on 30 September 2026: shareholders' equity of ₹4,390 crore divided by the 69.23 crore shares in issue. The share price at the 29 October 2026 close was ₹243.70.

What is the Emmvee Photovoltaic Power free cash flow?

In FY26, Emmvee Photovoltaic Power generated ₹200 crore of cash from operations and spent ₹653 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹453 crore.

What is the Emmvee Photovoltaic Power EPS?

Emmvee Photovoltaic Power's basic earnings per share (EPS) were ₹17.17 in FY26.

What is the Emmvee Photovoltaic Power dividend in 2026 and its record date?

In 2026, Emmvee Photovoltaic Power has declared one dividend: ₹1 with record date 18 September 2026.

What is the Emmvee Photovoltaic Power revenue and profit in FY26?

In FY26 (April 2025–March 2026), Emmvee Photovoltaic Power's consolidated net profit was ₹1,082 crore, on revenue from operations of ₹5,050 crore.

What is the Emmvee Photovoltaic Power shareholding pattern?

On 30 September 2026, Emmvee Photovoltaic Power's shares were held by promoters 80.03%, foreign portfolio investors (FII/FPI) 2.19%, domestic institutions (DII) 9.81% (including mutual funds at 6.24%) and retail and other non-institutional investors 7.97%.

What are the Emmvee Photovoltaic Power latest quarterly results?

Emmvee Photovoltaic Power's latest results are for Q2 FY27 (July–September 2026), filed on 14 October 2026: consolidated net profit ₹382 crore, up 60.6% from ₹238 crore in Q2 FY26; revenue from operations ₹1,576 crore, up 39.4% year on year.

When are the Emmvee Photovoltaic Power next results?

Emmvee Photovoltaic Power has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

How does Emmvee Photovoltaic Power compare with its peers?

On FY26 consolidated figures, against Waaree Energies, Premier Energies and Elgi Equipments: Emmvee Photovoltaic Power's operating margin of 28.5% is the highest of the four (Waaree Energies 18.5%, Premier Energies 24.6%, Elgi Equipments 12.5%; peer average 18.5%).

How does the Emmvee Photovoltaic Power PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, Emmvee Photovoltaic Power's PE ratio is 15.6, the lowest of the four: Waaree Energies 18.0, Premier Energies 26.0 and Elgi Equipments 37.7, a peer average of 27.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Emmvee Photovoltaic Power vs Waaree Energies: how do they compare?

In FY26, Emmvee Photovoltaic Power earned net profit of ₹1,082 crore on revenue of ₹5,050 crore, against ₹3,711 crore on ₹26,537 crore for Waaree Energies. Emmvee Photovoltaic Power's operating margin was 28.5% (Waaree Energies 18.5%). At the 29 October 2026 close, Emmvee Photovoltaic Power's market capitalisation was ₹16,872 crore against ₹66,677 crore for Waaree Energies, and its PE ratio on FY26 profit 15.6 against 18.0.

Where do these Emmvee Photovoltaic Power figures come from?

From Emmvee Photovoltaic Power's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.