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 | ₹240.45 |
|---|---|
| Market capitalisation | ₹15,146 crore |
| Enterprise value | ₹15,496 crore |
| P/E (TTM) | 14.00 |
| Price to book | 4.10 |
| Price to sales (TTM) | 1.62 |
| Book value per share | ₹58.66 |
| Dividend yield | 41.59% |
| Sector | Capital Goods |
| Industry | Electrical Equipment |
| Listed since | Tue Nov 18 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹1,188 crore | ₹212 crore | ₹156 crore | 2.47 |
| Mar 2025 | ₹1,793 crore | ₹223 crore | ₹162 crore | 2.73 |
| Mar 2024 | ₹1,244 crore | ₹126 crore | ₹94 crore | 1.58 |
| Mar 2023 | ₹724 crore | ₹27 crore | ₹23 crore | 20.99 |
| Mar 2022 | ₹516 crore | ₹15 crore | ₹9 crore | 7.91 |
Figures are as reported (standalone), in ₹ crore.
Shareholding pattern
As of Sep 2026:
| Promoters | 80.0% |
|---|---|
| Foreign institutions (FII) | 2.2% |
| Mutual funds | 6.2% |
| Other domestic institutions | 3.6% |
| Retail and others | 8.0% |
More on BreakPoint
FundaX company research covers every listed company with reported financials. BreakPoint Pro adds the BreakPoint iQ score, the screener and the multibagger board.
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.