Market Data
Market Cap₹21,846.95 Cr.
52W High₹371.45
Current Price₹315.55
52W Low₹171.5
Down from 52W High15 %
Face Value₹2
Performance
ROCE43.38 %
ROE34.48 %
EPS (TTM)₹5.49
EPS Prev Qtr₹5.67
EPS Last Year₹4.01
EBITDA Qtr₹464.21 Cr.
Book Value₹53
Financial Health
Debt/Equity0.05
Debt/Profit0.14
Total Assets₹5,772.492 Cr.
Dividend Yield0.32 %
Promoter Holding80.03 %
Earning Power28.13 %
Valuation
Stock P/E16.37
Industry P/E30.9
Price to Book5.91
Price to Sales3.92
Graham Number₹152.19
Key Metrics
Face Value
₹2
About Emmvee Photovoltaic Power Ltd
Capital Goods · Capital Goods - Electrical Equipment
Emmvee Photovoltaic Power Ltd is listed on NSE in the Capital Goods / Capital Goods - Electrical Equipment sector. Face value ₹2. Market cap ₹21,846.95 Cr.
Price Chart
Strengths & Weaknesses
Strengths
- The company exhibits a high ROCE of 67.55%, indicating efficient use of capital.
- ROE is exceptionally high at 237.37%, reflecting strong profitability relative to shareholder equity.
- The company has a substantial revenue of ₹5577.58 Cr, showing a significant scale of operations.
- Net profit stands at ₹1274.17 Cr, demonstrating strong earnings performance.
- Promoter holding is high at 80.03%, which may indicate strong management control and alignment of interests.
Weaknesses
- The P/B ratio is very high at 41.8, suggesting the stock may be overvalued relative to its book value.
- The company has a relatively high debt to equity ratio of 3.63, indicating significant leverage.
- The dividend yield is low at 0.31%, which may not attract income-focused investors.
Peer Comparison
| Name | CMP | P/E | Market Cap | Div Yield | NP Qtr | Qtr Profit Var% | Sales Qtr | Qtr Sales Var% | ROCE% | Debt/Eq |
|---|---|---|---|---|---|---|---|---|---|---|
| ABB India Ltd | - | 49.42 | ₹1,47,658.82 Cr | 0.56% | ₹2,987.84 Cr | - | ₹13,476.81 Cr | - | 26.52% | 0 |
| Bharat Heavy Electricals Ltd | - | 58.94 | ₹1,43,461.01 Cr | 0.34% | ₹2,432.47 Cr | - | ₹35,992.99 Cr | - | 11.64% | 0.3 |
| CG Power & Industrial Solutions Ltd | - | 108.82 | ₹1,36,078.21 Cr | 0.15% | ₹1,240.09 Cr | - | ₹12,820.71 Cr | - | 21.31% | 0 |
| Siemens Ltd | - | 41.29 | ₹1,35,286.62 Cr | - | ₹3,276.7 Cr | - | ₹18,062.3 Cr | - | 14.18% | 0 |
| Hitachi Energy India Ltd | - | 117.21 | ₹1,34,831.4 Cr | 0.03% | ₹1,150.39 Cr | - | ₹9,162.5 Cr | - | 29.86% | 0 |
| GE Vernova T&D India Ltd | - | 82.04 | ₹1,07,086.34 Cr | - | ₹1,305.04 Cr | - | ₹6,712.32 Cr | - | 99.39% | 0 |
| Waaree Energies Ltd | - | 18.49 | ₹70,618.4 Cr | 0.08% | ₹4,003.13 Cr | - | ₹30,042.73 Cr | - | 33.24% | 0.17 |
| Apar Industries Ltd | - | 58.72 | ₹69,389.14 Cr | 0.35% | ₹1,181.51 Cr | - | ₹24,389.02 Cr | - | 32.95% | 0.16 |
| Suzlon Energy Ltd | - | 17.4 | ₹54,531.42 Cr | - | ₹3,144.29 Cr | - | ₹17,429.21 Cr | - | 44.52% | 0.05 |
| Thermax Ltd | - | 64.3 | ₹40,349.3 Cr | 0.59% | ₹590.6 Cr | - | ₹10,839.35 Cr | - | 12.54% | 0.41 |
| Schneider Electric Infrastructure Ltd | - | 154.36 | ₹28,382.84 Cr | - | ₹183.76 Cr | - | ₹2,920.36 Cr | - | 27.64% | 0.66 |
| Dhoot Transmission Ltd | - | - | ₹28,364.38 Cr | - | - | - | - | - | - | 0.35 |
| Emmvee Photovoltaic Power Ltd | - | 16.37 | ₹21,846.95 Cr | 0.32% | ₹1,274.17 Cr | - | ₹5,577.58 Cr | - | 43.38% | 0.05 |
| Triveni Turbine Ltd | - | 52.12 | ₹17,512.83 Cr | 0.82% | ₹336.1 Cr | - | ₹2,252.5 Cr | - | 37.65% | 0 |
| V-Guard Industries Ltd | - | 36.8 | ₹13,377.6 Cr | 0.49% | ₹364.74 Cr | - | ₹6,310.35 Cr | - | 20.69% | 0 |
| Fujiyama Power Systems Ltd | - | - | ₹12,535.4 Cr | - | - | - | - | - | - | 0.73 |
| Inox Wind Ltd | - | 29.92 | ₹12,460.59 Cr | - | ₹417.04 Cr | - | ₹4,384.97 Cr | - | 10.59% | 0.24 |
| Atlanta Electricals Ltd | - | 41.25 | ₹12,373.44 Cr | - | ₹217.47 Cr | - | ₹2,002.73 Cr | - | 36.2% | 0.05 |
| Quality Power Electrical Equipments Ltd | - | 92.68 | ₹12,351.95 Cr | 0.06% | ₹190.31 Cr | - | ₹1,003.23 Cr | - | 55.05% | 0.02 |
| TD Power Systems Ltd | - | 41 | ₹11,272.66 Cr | 0.15% | ₹274.99 Cr | - | ₹2,124.39 Cr | - | 34.62% | 0.02 |
Quarterly Results
| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 1,131 | 1,152.25 | 1,738.81 | 1,555.52 |
| ↳ QoQ Growth | - | +1.9% | +50.9% | -10.5% |
| Expenses | 802.47 | 812.87 | 1,246.87 | 1,091.31 |
| Operating Profit | 328.52 | 339.38 | 491.93 | 464.21 |
| OPM % | 29.05% | 29.45% | 28.29% | 29.84% |
| Other Income | 18.39 | 15.69 | 5.03 | 16.48 |
| Interest | 55.25 | 33.27 | 13.03 | 11.08 |
| Depreciation | 70.87 | 74 | 79.17 | 83.9 |
| EBITDA | 399.39 | 413.38 | 571.1 | 548.11 |
| EBITDA Margin % | 35.31% | 35.88% | 32.84% | 35.24% |
| Profit Before Tax | 291.67 | 321.8 | 483.94 | 469.61 |
| Tax % | 18.45% | 18.07% | 18.92% | 19.02% |
| Net Profit | 237.86 | 263.64 | 392.38 | 380.29 |
| ↳ QoQ Growth | - | +10.8% | +48.8% | -3.1% |
| EPS | 4.01 | 4.11 | 5.67 | 5.49 |
Balance Sheet
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 10.79 | 138.469 |
| Reserves | 526.01 | 3556.472 |
| Borrowings | 2065.25 | 177.26 |
| Other Liabilities | 1311.89 | 1900.29 |
| Total Liabilities | 3913.94 | 5772.492 |
| Fixed Assets | 2044.74 | 2633.499 |
| CWIP | 13.36 | 9.8539 |
| Investments | 256.83 | 57.36 |
| Other Assets | 1599.01 | 3071.78 |
| Total Assets | 3913.94 | 5772.492 |
Cash Flows
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Cash from Operating Activity | 613.753 | 200.1377 |
| Cash from Investing Activity | -985.666 | -304.1443 |
| Cash from Financing Activity | 408.134 | 130.3498 |
| Net Cash Flow | 36.221 | 26.3432 |
Shareholding Pattern
| Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|
| Promoters % | 80.03% | 80.03% | 80.03% |
| FIIs % | 3.97% | 2.45% | 2.92% |
| DIIs % | 12.57% | 12.29% | 9.8% |
| Public % | 2.87% | 3.87% | 5.64% |
| No. of Shareholders | 1,01,005 | 93,389 | 1,32,931 |
Major Shareholders (>1%)
- Manjunatha Donthi VenkatarathnaiahPromoter and Promoter Group38.46%
- Shubha Manjunatha DonthiPromoter and Promoter Group38.46%
- Icici Prudential S&p Bse 500 EtfPublic Shareholding1.61%
- Sumanth Manjunatha DonthiPromoter and Promoter Group1.56%
As of 2026-06-30View all shareholders →