Emmvee Photovoltaic Power Ltd. (EMMVEE) fundamentals
Emmvee Photovoltaic Power Ltd. is a listed company in Electrical Equipment, part of the Capital Goods sector, listed on the NSE as EMMVEE (ISIN INE1C6T01020). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Emmvee Photovoltaic Power Ltd. does
Emmvee Photovoltaic Power Ltd is an India-based pure-play integrated solar photovoltaic (PV) module and solar cell manufacturing company. The Company’s product portfolio comprises bifacial and mono-facial formats of TOPCon modules and cells, and bifacial and mono-facial formats of mono passivated emitter and rear contact (Mono PERC) modules. The Company’s segments include Photovoltaics modules (PV), EPC, and Others. The Photovoltaics modules (PV) segment manufactures and sells photovoltaic modules and photovoltaic systems. The EPC segment specializes in the execution of the Engineering, Procurement, and construction (EPC) Projects within the solar sector. Others segment comprises solar pumps, supplying and the installation of solar photovoltaic water pumping systems and selling power generated from an independent power producing plant. The Company also executes grid and off-grid photovoltaic power projects on a turnkey basis and operates solar power plants.
Valuation and market data
| Last close | ₹346.00 |
|---|---|
| Market capitalisation | ₹20,527 crore |
| Enterprise value | ₹22,336 crore |
| P/E (TTM) | 0.00 |
| Price to book | 38.24 |
| Price to sales (TTM) | 3.64 |
| Book value per share | ₹9.05 |
| Dividend yield | 0.00% |
| Sector | Capital Goods |
| Industry | Electrical Equipment |
| Listed since | Tue Nov 18 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹5,103 crore | ₹1,338 crore | ₹1,082 crore | 0.00 |
| Mar 2025 | ₹2,360 crore | ₹483 crore | ₹369 crore | 6.22 |
| Mar 2024 | ₹954 crore | ₹48 crore | ₹29 crore | 0.49 |
| Mar 2023 | ₹644 crore | ₹12 crore | ₹9 crore | 0.15 |
| Mar 2022 | ₹567 crore | ₹25 crore | ₹13 crore | 12.62 |
Figures are as reported (consolidated), in ₹ crore.
Shareholding pattern
As of Jun 2026:
| Promoters | 80.0% |
|---|---|
| Foreign institutions (FII) | 2.9% |
| Mutual funds | 6.2% |
| Other domestic institutions | 3.6% |
| Retail and others | 7.3% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.