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EMMVEE PHOTOVOLTAIC PWR L

EMMVEE PHOTOVOLTAIC PWR L

NSE: EMMVEE
SolarTechnologyMID CAPMCap ₹19.19k Cr
₹277.20₹-4.90 (-1.74%)

Market Closed • NSE

Market cap₹19.19k Cr
Enterprise value₹20.25k Cr
P/E TTM13.33
Forward P/E10.35
P/B4.37
EPS TTM₹20.79
Forward EPS₹26.78
ROCE44.60%
ROE0.53%
ROA0.20%
D/E0.25
Dividend yield0.00%
Face value₹2.00
52W high₹371.55
52W low₹171.51
Price chart(1Y)
1Y Return:-19.31% (₹66.35)
H: ₹371.55L: ₹268.25
1W-6.57%
1M-14.84%
3M-15.32%
6M+1.19%
Today at a glance

Day range

₹268.25₹283.65

52 week range

₹171.51₹371.55
Volume4.69M1.55x 20D avg
Free float50.00%+55.40% volume

EMMVEE PHOTOVOLTAIC PWR L closed at INR277.20 (-1.74%) on volume 1.55x its 20-day average, trading 25.39% below its 52-week high.

Technical analysis
RSI (14)28.0Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹13.19High
SMA 20₹309.40BEARISH
SMA 50₹319.45BEARISH
SMA 100₹325.96BEARISH
SMA 200₹276.99BULLISH
CPR bottom₹291.50
Pivot₹288.37
CPR top₹285.23
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -3.1% QoQ

2026-09-18

DIVIDEND Announced

Dividend - Re 1 Per Sh

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹360.1 Cr₹19.19k Cr1.88%≤ 33%PASS
Non-halal income ratio–₹5.05k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹5.53k Cr₹5.77k Cr95.80%≥ 20%PASS
Receivables ratio–₹5.77k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E13.3323.00
Forward P/E10.35—
P/B4.373.80
EV/EBITDA—18.00
PEG—2.20
Earnings yield7.504.30
Growth & profitability
RevenuePAT
FY24PAT margin 3.00%
FY25PAT margin 15.80%
FY26PAT margin 21.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+29.30%
Revenue CAGR 5Y+39.60%
PAT CAGR 3Y+43.10%
PAT CAGR 5Y+106.20%
Operating margin29.96%
Net margin23.55%
Financial health & cash flow
Net debt₹117.4 CrModerate
Interest coverage9.30xEBIT / interest
CFO / PAT0.18x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹200.1 Cr
Capital expenditure–
Free cash flow₹-45318.1 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall83/100
Valuation75/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 44.6%

Low Debt Profile: Debt-to-Equity is comfortable at 0.25x

Attractive Valuation: P/E of 13.3x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Solar.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

90%60%30%0%Dec 2025
14.73%Institutional holding
5.24%Public holding
1Periods available
0.00%Promoter pledged
93.39KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
18 Sept 2026DividendDividend - Re 1 Per Sh—18 Sept 2026
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)44.32%-14.55% latest vs average
Highest delivery59.98%on 14 Oct
Average volume (20D)3.02MTrading-session average
Conviction trendWeakening-14.55% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹8.92L17.282.04%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.70L15.824.50%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.73L20.423.53%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.82L14.494.60%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.59L28.773.09%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.30L24.901.77%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.17L63.960.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.08L169.180.00%₹2,264.00₹184.00+18.41%+134.07%
About EMMVEE PHOTOVOLTAIC PWR L
EMMVEE PHOTOVOLTAIC PWR L

Incorporated in March 2007, Emmvee Photovoltaic Power Limited is an integrated solar PV module and cell manufacturer.[1]

IndiaTechnology

Questions investors ask
Is EMMVEE PHOTOVOLTAIC PWR L Shariah compliant?

EMMVEE PHOTOVOLTAIC PWR L is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1.88%) complies with AAOIFI threshold (≤ 33%).

What is EMMVEE PHOTOVOLTAIC PWR L's current valuation relative to peers?

EMMVEE PHOTOVOLTAIC PWR L trades at a P/E of 13.3x compared to the sector median of 23x, and a Price-to-Book of 4.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.25x. Interest coverage is 9.3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 39.6% while net profit growth averaged 106.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.