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EMMVEE PHOTOVOLTAIC PWR L

EMMVEE PHOTOVOLTAIC PWR L Latest Share Price (EMMVEE)

TechnicalsTV Chart
346.00
3.35+0.98%
Overall Score48/100
Day range333
₹346.00
348
52-week172
₹346.00
372
Above low+101.7%
Below high6.9%
Range position87%
Open342.65
Prev Close342.65
Bid345.981.5K
Ask346.03937

TODAY IN ONE LINE

EMMVEE edged up 1.0% on average volume, outperforming Nifty's -0.3% move.

With a market cap of ₹23,962.06 Cr., it trades at a P/E of 18.81. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume3.7M+93%vs 20D avg
Price Band10
Lower Band308.4
Upper Band376.9
Tick Size0.05
Daily Volatility2.51%
Annualised Vol47.95%
Market Cap₹23,962.06 Cr.
Promoter80.03%
Face Value₹2
Fwd P/E13.39
PEG0.05
EV/EBITDA9.31
P/S4.28
ROA18.57%
Beta1.03
Div Payout
THE STOCK SCORE
Overall Score48/100
Updated 14 Sept

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

EMMVEE PHOTOVOLTAIC PWR L flags & news 

Key strengths, potential risks, and recent updates.

5 green flags🚩 2 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 62.5% YoY
  • Healthy Operating MarginsOPM is structurally strong at 15.5%
  • High Promoter HoldingPromoters hold 80.0% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.02x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Sales ContractionQuarterly sales dropped 86.1% YoY
  • Poor Capital ReturnsLow ROE of 4.4%

Latest EMMVEE PHOTOVOLTAIC PWR L News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

11 SEPT 2026
corporate
Record Date - Emmvee Photovoltaic Power Limited has informed the Exchange that Record date for the purpose of Divi...
View PDF
10 SEPT 2026
corporate
Analysts/Institutional Investor Meet/Con. Call Updates - Emmvee Photovoltaic Power Limited has informed the Exchange about Schedule of meet to be held on Sep...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

EMMVEE PHOTOVOLTAIC PWR L valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for EMMVEE PHOTOVOLTAIC PWR L, framed against the sector median so the premium or discount is obvious at a glance.

EMMVEE PHOTOVOLTAIC PWR L trades at a P/E of 18.81× and P/B of 6.48×.

Key MetricsMarket + reported · 11 Sept 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹23,962.06 Cr.
P/E Ratio
18.81
P/B Ratio
6.48
EPS
₹0.53
Profitability

Profitability

ROE
4.39%
ROCE
4.47%
Net Margin
21.44%
Op Margin
15.52%
Growth

Growth

EPS YoY
62.5%
Revenue YoY
62.3%
Qtr Sales
-86.06%
Qtr Profit
-90.31%
Financial Health

Financial Health

Debt / Equity
0.02
Book Value
₹53.37
Div Yield
Promoter Holding
80.03%
Technicals

EMMVEE PHOTOVOLTAIC PWR L technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for EMMVEE PHOTOVOLTAIC PWR L — derived from the latest tape, not yesterday's close.

EMMVEE PHOTOVOLTAIC PWR L last traded at ₹346 with an intraday range of ₹332.9–₹348.2 — latest indicator, pivot and CPR signals below.

Last updated: 15 September 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹346.00
LevelPrice (₹)Distance% Δ
R4382.43+36.43+10.53%
R3367.13+21.13+6.11%
R2357.67+11.67+3.37%
R1351.83+5.83+1.69%
PIVOT342.37-3.63-1.05%
CURRENT346.00
S1336.53-9.47-2.74%
S2327.07-18.93-5.47%
S3321.23-24.77-7.16%
S4305.93-40.07-11.58%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 340.55P: 342.37TC: 344.18
R1
R2
R3
R4
indicator
LTP: 346.00
PDH: 344.90
PDL: 328.60
● Market Sentiment

EMMVEE is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 332.9344.25

● Price Position

Trading Above opening range, showing Bullishness

Financials

EMMVEE PHOTOVOLTAIC PWR L financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for EMMVEE PHOTOVOLTAIC PWR L — consolidated or standalone — with margins, YoY growth and key ratios inline.

EMMVEE PHOTOVOLTAIC PWR L reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹23,962.06 Cr. and reported EPS of ₹0.53.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2026
Revenue from Operations
5,050
Other Income
54
Total Income
5,103
2,776
Gross ProfitDerived
2,274
Gross Margin %Derived
45.04%
540
EBITDA (Operating Profit)Derived
1,734
OPM %Derived
34.34%
450
Profit Before Tax (PBT)
1,338
256
Effective Tax %Derived
19.14%
Total Profit for Period
1,082
Net Profit (Owner's PAT)Derived
1,082
Net Profit Margin %Derived
21.42%
Earnings Per Share (EPS ₹)
15.62
Diluted Shares Outstanding (Cr)
69
Other Comprehensive Income (Net of Tax)
-3
Total Expenses (incl. D&A & Interest)
3,766
Material Cost % of RevenueDerived
67.56%
Employee Cost % of RevenueDerived
2.71%
Other Cost % of RevenueDerived
7.99%
Interest Coverage (x)Derived
9.30x
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

EMMVEE PHOTOVOLTAIC PWR L segment analysis : revenue and profit mix.

Disclosed business segments at EMMVEE PHOTOVOLTAIC PWR L with their share of revenue and profit, switchable between consolidated and standalone reporting.

EMMVEE PHOTOVOLTAIC PWR L discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for EMMVEE PHOTOVOLTAIC PWR L.

Our AI distills the core fundamental drivers supporting EMMVEE PHOTOVOLTAIC PWR L, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

EMMVEE PHOTOVOLTAIC PWR L's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • ROE 51.10% significantly outpaces typical solar sector peers, demonstrating exceptional capital efficiency

  • Operating margin 28.49% showcases strong operational leverage and pricing power in module manufacturing

  • TTM revenue growth 62.3% demonstrates rapid top-line acceleration and market share gains in solar

  • Debt-to-equity 0.0005x indicates minimal leverage, enabling aggressive capex expansion safely

  • Promoter holding 80.03% ensures strong management alignment and long-term strategic commitment

bear case

Key Risks.

  • Operating cash flow negative ₹120.75 Cr despite ₹531.86 Cr net profit raises earnings quality concerns

  • Capex outflow ₹3,345.75 Cr hampers free cash flow and strains liquidity significantly

  • Net debt ₹17,497.29 Cr creates refinancing risk despite artificially low D/E ratio

  • No dividend yield signals zero shareholder returns for income-focused investors

  • Latest quarterly EPS grew 89.4% YoY but sustainability questionable given capex intensity

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 24 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

EMMVEE PHOTOVOLTAIC PWR L shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in EMMVEE PHOTOVOLTAIC PWR L — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

DII9.80%2.48%
Promoters80.03%
Public7.25%2.02%
FII2.92%0.47%

Ownership Distribution

Domestic Institutions
9.80%
Promoters
80.03%
Retail & Public
7.25%
Foreign Institutions
2.92%

Category Trends

Foreign Institutions Breakdown
Total Holding: 2.92%
Net Change: +0.47%
Category Total2.92%
Total Holding2.92%
Net Change+0.47%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 2.92%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
BNP PARIBAS FINANCIAL MARKETS - ODI
0.00%
0.00%
0.00%
Jun 2026
Peers

EMMVEE PHOTOVOLTAIC PWR L peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — EMMVEE PHOTOVOLTAIC PWR L is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
TATA MOTORS
₹1.60 Lakh Cr
Best Profit Growth
W P I L
852.23 %
Highest Dividend Yield
RUBFILA INTERNATIONAL
2.89 %

Peer Comparison

Company Name
09 · Chart Patterns

EMMVEE PHOTOVOLTAIC PWR L chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for EMMVEE PHOTOVOLTAIC PWR L — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

EMMVEE PHOTOVOLTAIC PWR L delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for EMMVEE PHOTOVOLTAIC PWR L over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in EMMVEE PHOTOVOLTAIC PWR L stood at 34.6% of traded volume, against a 20-day average of 44.5%.

Avg Delivery (20D)44.5%-9.9 ppt latest vs avg
Highest Delivery55.8%on 31 Aug
Avg Volume (20D)19.43 L20-day run-rate
Conviction Trend↓ Weakening-9.9 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

EMMVEE PHOTOVOLTAIC PWR L announcements: results, concalls, ratings, M&A.

Filings EMMVEE PHOTOVOLTAIC PWR L sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

EMMVEE PHOTOVOLTAIC PWR L files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 80 documents below.

  1. 11 Sept 2026Record DateView PDF

    Record Date

    Emmvee Photovoltaic Power Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Sep-2026.

  2. 10 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Emmvee Photovoltaic Power Limited has informed the Exchange about Schedule of meet to be held on September 17-18, 2026.

  3. 03 Sept 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Emmvee Photovoltaic Power Limited has informed the Exchange regarding the newspaper publication of the Notice convening the 19th Annual General…

  4. 02 Sept 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Emmvee Photovoltaic Power Limited has informed the Exchange about Copy of Newspaper clippings in relation to notice and information regarding the…

  5. 26 Aug 2026Change in Director(s)View PDF

    Change in Director(s)

    Emmvee Photovoltaic Power Limited has informed the Exchange regarding Change in Director(s) of the company.

Corporate Actions

EMMVEE PHOTOVOLTAIC PWR L dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue EMMVEE PHOTOVOLTAIC PWR L has declared, sequenced by announce and record date.

EMMVEE PHOTOVOLTAIC PWR L corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About EMMVEE PHOTOVOLTAIC PWR L: business, sector, key facts.

What EMMVEE PHOTOVOLTAIC PWR L does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

EMMVEE PHOTOVOLTAIC PWR L operates in the Other Electrical Equipment industry under the Capital Goods sector.

EMMVEE
Capital Goods

EMMVEE PHOTOVOLTAIC PWR L

company facts
Employees
SectorCapital Goods
HeadquartersBengaluru, India
Market Cap₹23,962.06 Cr.
Listed OnNSE
leadership12 on record
Mr. Manjunatha Donthi Venkatarathnaiah
Founder, Chairman & MD
Mr. Nagaraj Shrinivas Ronad
Compliance Officer
Mr. N. Devendiran
Chief Manufacturing Officer
Mr. Pawan Kumar Jain
Chief Financial Officer
Mr. Rachamadugu Nandakumar
Chief Human Resource Officer
Mr. Rohit Dhar
Chief Revenue Officer
Mr. R. S. Anand Kumar
Chief Procurement Officer
Mr. Shailesha Barve
Company Secretary & Compliance Officer
Mr. Suhas Donthi Manjunatha
President, CEO & Whole Time Director
Mr. Sumanth Manjunatha Donthi
Chief Strategy & Business Development Officer
Mr. T. Srinath
Chief Technology Officer
Ms. Hena Datta
General Manager of Legal
§ ∞ · Plainly Answered

Questions investors ask about EMMVEE PHOTOVOLTAIC PWR L (EMMVEE).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of EMMVEE PHOTOVOLTAIC PWR L (EMMVEE)?

The current share price of EMMVEE PHOTOVOLTAIC PWR L (EMMVEE) is ₹346.00. Today, the stock has gained by ₹3.35 (0.98%), trading in a range of ₹332.90 to ₹348.20. The stock opened at ₹342.65 with a trading volume of 37,47,104 shares.

02Is EMMVEE PHOTOVOLTAIC PWR L stock a good investment for long-term?

EMMVEE PHOTOVOLTAIC PWR L can be considered for long-term investment based on several factors. The company has a market capitalization of ₹23,962.06 Cr., P/E ratio of 18.81, ROE of 4.39%, and ROCE of 4.47%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of EMMVEE PHOTOVOLTAIC PWR L stock?

The 52-week high price of EMMVEE PHOTOVOLTAIC PWR L (EMMVEE) is ₹371.55, while the 52-week low is ₹171.51. Currently trading at ₹346.00, the stock is 101.74% above its 52-week low and 6.88% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy EMMVEE PHOTOVOLTAIC PWR L stock at the current price?

Whether to buy EMMVEE PHOTOVOLTAIC PWR L stock at ₹346.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 18.81 and P/B ratio of 6.48. Today's performance shows a gain of 0.98%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of EMMVEE PHOTOVOLTAIC PWR L and when is the next dividend?

EMMVEE PHOTOVOLTAIC PWR L offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹346.00, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of EMMVEE PHOTOVOLTAIC PWR L?

EMMVEE PHOTOVOLTAIC PWR L's key financial metrics include: P/E Ratio: 18.81, P/B Ratio: 6.48, ROE: 4.39%, ROCE: 4.47%, Dividend Yield: 0%, EPS: ₹0.53, Book Value: ₹53.37, and Debt-to-Equity: 0.02. The company's market cap stands at ₹23,962.06 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is EMMVEE PHOTOVOLTAIC PWR L stock performing today in the market?

EMMVEE PHOTOVOLTAIC PWR L stock opened at ₹342.65 and is currently trading at ₹346.00, showing a gain of ₹3.35 (0.98%). The intraday high is ₹348.20 and low is ₹332.90. The trading volume stands at 37,47,104 shares, indicating strong market participation today.

08What is the P/E ratio of EMMVEE PHOTOVOLTAIC PWR L and what does it indicate?

EMMVEE PHOTOVOLTAIC PWR L has a Price-to-Earnings (P/E) ratio of 18.81, which means investors are willing to pay 18.81 for every ₹1 of earnings. With an EPS of ₹0.53, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about EMMVEE PHOTOVOLTAIC PWR L (EMMVEE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.