Search & Analyze

Emmvee Photovoltaic Power Ltd.

235.05+6.05 (+2.64%)

BSE · 02 Nov, 2:01 PM

: ₹15,854.70 Cr
: 11.18
: 1,20,509
: ₹237.40 - ₹225.35
: ₹371.45 - ₹171.50

Emmvee Photovoltaic Power Ltd. (EMMVEE) share price is trading at ₹235.05 on the BSE as of November 2, 2026 at 2:01 PM, up by 2.64% from its of ₹229.00. In today's trading session EMMVEE reached a of 237.40 and of 225.35. The for today is 233.45. The stands at 305.47 and is at 276.68. Looking at , the stock is in Uptrend.

Stock Overview

₹229.00

₹233.45

₹305.47

Price 23.05% below

₹276.68

Price 15.05% below

Key Fundamentals

: 15,854.70 Cr₹15.85 Thousand Crore
: 20.49
: 11.18
: 3.61
: 63.41
: 2,129.18 Cr₹2.13 Thousand Crore
: 0.44 %
Sector
Industry: Electric Equipment
: 51.12
: 0.05

Industry Comparison

Ratio	Company	Sector
	11.18	36.01
	0.05	0.17
	3.61	3.95
	1.91	1.98
	0.44 %	0.19 %
Operating Margin	34.34 %	13.33 %

Sector figures are the median of 192 listed Capital Goods companies.

Peer Comparison

Name
ABB LTD. ABB	6,529.50	45.41	1,38,365.57	0.61	362.30	3.00%	3,558.87	21.03%	30.18
CGPOWER CGPOWER	817.90	92.09	1,28,858.02	0.16	409.09	43.82%	3,801.54	30.07%	27.94
SIEMENS LTD. SIEMENS	3,370.10	35.72	1,20,016.17	0.55	2,143.10	406.16%	4,713.70	14.75%	21.42
GVT&D GVT&D	4,142.55	551.40	1,06,068.56	0.25					20.90
WAAREEENER WAAREEENER	2,320.00	17.92	66,735.11	0.17	753.64	-14.18%	7,517.74	23.94%	37.93
APAR INDUS. APARINDS	15,550.00	47.74	65,115.71	0.38	447.32	77.72%	6,931.19	21.27%	31.84
HAVELLSINDIA HAVELLS	1,015.10	38.20	63,703.78	0.99	349.22	9.72%	6,431.99	34.58%	25.74
Emmvee Photovoltaic Power Ltd. EMMVEE	235.05	11.18	15,854.70	0.44	382.05	60.62%	1,576.38	39.38%	46.94

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	402.40	528.29	1,071.68	1,027.82	1,131.00	1,152.25	1,738.81	1,555.52	1,576.38
Expenses	309.77	326.33	711.02	677.33	731.61	738.87	1,167.70	1,007.41	1,019.49
	92.63	201.96	360.66	350.50	399.39	413.38	571.11	548.10	556.88
	23.02%	38.23%	33.65%	34.10%	35.31%	35.88%	32.84%	35.24%	35.33%
	11.02	10.27	3.25	14.40	18.39	15.69	5.03	16.48	2.51
Interest	16.76	36.68	45.86	53.11	55.25	33.27	13.03	11.08	9.47
	23.09	53.51	65.51	71.59	70.87	74.00	79.18	83.90	84.63
	63.80	122.04	252.54	240.19	291.67	321.80	483.94	469.61	465.29
	44.96%	18.72%	17.98%	21.87%	18.45%	18.07%	18.92%	19.02%	17.89%
	35.12	99.20	207.14	187.67	237.86	263.64	392.38	380.29	382.05
	6.51	91.92	38.39	3.16	4.01	3.81	5.67	5.49	5.52

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00
INCOME :
	618.13	951.94	2,335.61	5,049.88
	618.13	951.94	2,335.61	5,049.88
EXPENDITURE :
Increase/Decrease in Stock	-4.10	-16.46	-115.68	-636.21
Raw Material Consumed	506.32	771.04	1,518.00	3,411.73
Power & Fuel Cost	4.27	7.08	28.82	93.37
Employee Cost	20.08	24.00	66.46	136.68
Other Manufacturing Expenses	5.79	6.71	9.09	26.20
General and Administration Expenses	8.41	11.35	41.74	85.11
Selling and Distribution Expenses	12.68	7.53	37.45	107.41
Miscellaneous Expenses	8.39	37.26	28.95	91.21
	561.85	848.52	1,614.83	3,315.50
Operating Profit (Excl OI)	56.27	103.42	720.78	1,734.37
	26.24	19.53	25.87	53.52
	82.52	122.95	746.65	1,787.89
Interest	28.16	33.51	107.88	154.66
PBDT	54.36	89.44	638.77	1,633.23
	42.69	41.82	155.95	295.63
Profit Before Taxation & Exceptional Items	11.67	47.62	482.82	1,337.60
	11.67	47.62	482.82	1,337.60
Provision for Tax	2.70	18.72	113.81	256.04
	8.97	28.90	369.01	1,081.55
Extra items			0.00	0.00
Minority Interest	-0.03
Consolidated Net Profit	8.94	28.90	369.01	1,081.55
Profit Balance B/F	106.93	116.01	144.81	513.45
Appropriations	115.87	144.91	513.83	1,595.00
Equity Dividend %				50.00%
	8.28	26.78	68.39	15.62
Adjusted EPS	0.15	0.49	6.22	15.62

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	10.79	10.79	10.79	138.47
Total Reserves	129.70	157.97	526.01	3,556.47
Reserve excluding Revaluation Reserve	129.70	157.97	526.01	3,556.47
Revaluation reserve	0.00	0.00
	140.50	168.76	536.80	3,694.94
Secured Loans	374.63	1,174.13	1,688.87	48.95
Deferred Tax Assets / Liabilities	15.23	3.54	45.82	103.06
Other Long Term Liabilities	3.89	121.59	288.78	432.74
Long Term Provisions	0.53	1.38	3.87	8.14
Total Non-Current Liabilities	394.28	1,300.63	2,027.33	592.88
Trade Payables	68.95	158.22	349.15	882.13
Other Current Liabilities	126.38	311.32	906.71	480.84
Short Term Borrowings	106.44	219.80	68.53	84.49
Short Term Provisions	2.34	34.78	80.11	284.82
Total Current Liabilities	304.11	724.11	1,404.50	1,732.28
Total Liabilities	838.89	2,193.50	3,968.62	6,020.09
Gross Block	325.77	335.66	2,264.40	3,141.35
Less: Accumulated Depreciation	2.69	44.95	218.26	507.86
	323.08	290.70	2,046.14	2,633.50
	93.19	645.79	13.36	9.85
Non Current Investments				27.31
Long Term Investment	0.00	0.00		27.31
Long Term Loans & Advances	97.94	241.34	168.61	42.10
Other Non Current Assets	7.15	4.76	0.84	0.05
Total Non-Current Assets	521.36	1,182.60	2,228.94	2,712.81
Currents Investments			256.83	30.05
Inventories	141.39	306.21	758.37	1,710.55
Sundry Debtors	69.11	96.13	190.27	695.02
Cash and Bank	61.38	520.58	324.11	353.65
Other Current Assets	5.33	8.90	8.18	16.50
Short Term Loans and Advances	40.31	79.09	201.92	501.51
Total Current Assets	317.52	1,010.91	1,739.68	3,307.28
Net Current Assets (Including Current Investments)	13.42	286.79	335.19	1,575.01
Total Assets	838.89	2,193.50	3,968.62	6,020.09
	20.94	23.24	19.28	24.69
Total Debt	519.62	1,441.30	1,949.69	177.26
	130.18	156.38	99.48	53.37
Adjusted Book Value	2.37	2.84	9.04	53.37

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00
	11.67	47.62	482.82	1,337.60
Adjustment	41.87	82.89	262.07	475.73
Changes In working Capital	6.77	119.07	-54.44	-1,422.73
Cash Flow after changes in Working Capital	60.31	249.57	690.45	390.60
Cash Flow from Operating Activities	59.48	234.46	624.90	200.14
Cash Flow from Investing Activities	-130.68	-1,000.05	-985.66	-304.14
Cash Flow from Financing Activitie	79.83	894.45	396.99	130.35
Net Cash Inflow / Outflow	8.63	128.86	36.22	26.34
Opening Cash & Cash Equivalents	45.65	53.46	182.35	218.64
Cash & Cash Equivalent of Subsidiaries under liquidations	-1.03	-0.07
Effect of Foreign Exchange Fluctuations	0.22	0.09	0.07	-2.36
Closing Cash & Cash Equivalent	53.46	182.35	218.64	242.62

Ratios

Valuation

11.18

3.61

7.69

2.63

20.49

63.41

Profitability

51.12

46.94

21.66

34.34

21.42

Leverage & Liquidity

0.05

1.91

9.65

Returns

0.44

1.01

Shareholding Pattern

Numbers in percentages

Particulars	Nov '25	Dec '25	Mar '26	Jun '26	Sep '26
	80.03	80.03	80.03	80.03	80.03
	16.96	16.54	14.73	12.72	12.00
	3.00	3.43	5.23	7.25	7.97
	19.97	19.97	19.97	19.97	19.97
No. of Shareholders	1,68,200	1,01,005	93,389	1,32,931	1,70,581

Mutual Funds Invested(78)

Based on each fund's latest monthly portfolio · Sep 2026

A total of 33 active funds hold 6.15% in Emmvee Photovoltaic Power Ltd., contributing to ₹1.34K Cr of holdings

Fund				As of
FT Franklin India Mid Cap Fund - Growth - Direct PlanMid Cap Fund	163.79	1.35	51,84,957	Sep '26
IP ICICI Prudential Energy Opportunities Fund - Growth - Direct PlanEnergy & Power	148.85	1.85	47,11,844	Sep '26
AB Abakkus Flexi Cap Fund - Growth - Direct PlanFlexi Cap Fund	147.37	1.88	46,65,000	Sep '26
KO Kotak Equity Savings Fund - Growth - Direct PlanHybrid - Equity Savings	144.47	1.38	45,73,154	Sep '26
FT Franklin India Opportunities Fund - Growth - Direct PlanEquity - Thematic Fund - Other	74.59	0.78	23,61,050	Sep '26
IP ICICI Prudential Aggressive Hybrid Fund - Growth - Direct PlanHybrid - Aggressive Hybrid Fund	63.00	0.12	19,94,386	Sep '26
AB Abakkus Small Cap Fund - Growth - Direct PlanSmall cap Fund	51.05	1.57	16,16,000	Sep '26
AS Altiva Equity Ex-Top 100 Long-Short Fund - Growth - Direct PlanEquity - Ex-Top 100 Long-Short Fund	46.83	3.05	14,82,444	Sep '26
MO Motilal Oswal Business Cycle Fund - Growth - Direct PlanEquity - Thematic Fund - Other	45.87	3.17	14,52,030	Sep '26
HD HDFC Innovation Fund - Growth - Direct PlanEquity - Thematic Fund - Other	45.49	1.44	14,39,888	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-07	Board Meeting	Quarterly Results
2026-09-02	AGM
2026-07-10	Board Meeting	Quarterly Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

Capital GoodsElectric Equipment

Emmvee Photovoltaic Power Ltd. operates in the Capital Goods sector under the Electric Equipment industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

8 members across the board and senior leadership

Manjunatha Donthi Venkatarathnaiah

Chairman & Managing Director

₹10.00 Cr

Mar '26

Suhas Donthi Manjunatha

Whole Time Director & CEO

₹6.90 Cr

Mar '26

Shubha Manjunatha Donthi

Non Executive Director

—

Sambasivarao Chandramouleswara Sharada

Non Executive Independent Director

₹21.23 L

Mar '26

Ram Kumar Tiwari

Non Executive Independent Director

₹21.23 L

Mar '26

Santosh Kumar Mohanty

Non Executive Independent Director

₹21.23 L

Mar '26

Murugesh C

Company Secretary and Compliance Officer

—

Nagaraj Shrinivas Ronad

Compliance Officer

—

EMMVEE Latest News

News

1 of 1 article

EQUITY1 Jul 2026 · 09:49

Emmvee Photovoltaic Power informs about resignation of CS cum CO

Emmvee Photovoltaic Power Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(78)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

EMMVEE Latest News

News