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What is the EMMVEE PHOTOVOLTAIC PWR L (EMMVEE) share price today?

EMMVEE PHOTOVOLTAIC PWR L (EMMVEE) is trading at ₹345.05 on the NSE, down 5.56% on the day. Source: DocStoX.

What is the PE ratio of EMMVEE PHOTOVOLTAIC PWR L?

EMMVEE PHOTOVOLTAIC PWR L has a price-to-earnings (PE) ratio of 22.1 in the Capital Goods sector.

What is the market capitalisation of EMMVEE PHOTOVOLTAIC PWR L?

EMMVEE PHOTOVOLTAIC PWR L has a market capitalisation of approximately ₹23,923 crore.

EMMVEE PHOTOVOLTAIC PWR L

EMMVEE·NSE·Capital Goods

₹345.05▼ -20.30 (-5.56%)

Capital Goods · Other Electrical Equipment

Revenue compounding 101% a year

NIFTY 500NIFTY SMALLCAP 250

Day₹342.10

₹367.80

52W₹172

₹37287%

Open

₹366.80

High

₹367.80

Low

₹342.10

Prev Close

₹365.35

Volume

58.95L

VWAP

₹349.97

Snapshot

Key fundamentals

Market Cap

₹23,923 Cr

P/E Ratio

22.09Fair

P/B Ratio

6.78

EPS

₹15.62

Book Value

₹53.40

ROE

51.10%Strong

ROCE

45.00%Efficient

Dividend Yield

0.30%

Debt / Equity

0.10Low

Face Value

₹2.00

52W High

₹371.55

52W Low

₹171.51

Sector

Capital Goods

Industry

Other Electrical Equipment

Expensive

Narrow moatHigh uncertainty

Fair value estimate

₹230

▼ 33.3%downside

Trading at ₹345 — 33% above our estimate

BearFair valueBull

₹137₹230₹265

/100

Business quality — Solid

Growth 100Profitability 100Efficiency 50Valuation 82

Plain English

Our view

Revenue compounding 101% a year
Low debt relative to equity
Fundamental red flags (Piotroski 1/9)

Strengths

Low debt relative to equity
Strong returns on equity (51%)
Capital is working hard (ROCE 45%)
Revenue compounding 101% over 3 years

Risks

Fundamental red flags (Piotroski 1/9)

How we got there

Fair value methods

Residual income

51% ROE fading to 12% over ~10 yrs, on ₹53 book

₹256

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹137

Analyst target

No analyst coverage

—

Blended fair value₹230

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Strong returns on equity (51%)
Capital is working hard (ROCE 45%)
Revenue compounding 101% over 3 years
Profit growing 394% a year
Promoters hold a controlling stake

Bear case

Fundamental red flags (Piotroski 1/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

22.1Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

51.1%Strong

Above 15% is considered healthy for Indian equities

ROCE

45.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.10Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹23,923 Cr

P/B

6.78

EPS

₹15.62

Div Yield

0.30%

What changed

Recent changes

Foreign investors-1.5% stake last quarter
Domestic institutions-0.2% stake last quarter

What matters

News impact

Overview

Valuation

Reasonable

P/E 22.1×

Growth

Strong

+101% rev CAGR

Profitability

Excellent

51.1% ROE

Financial health

Rock solid

D/E 0.10

Momentum

N/A

No technicals

Today

Trading activity

Delivery %39.0%

Turnover₹20631.93L Cr

Trades78,700

VWAP₹349.97

Face value₹2.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+101.4%

+64.1%

10Y

—

Profit

+393.6%

+160.6%

10Y

—

EPS

+23.6%

+12.6%

10Y

—

Profile

Pros

Company has reduced debt.
Company has delivered good profit growth of 158% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 56.4%

Watch-outs

Cons

Debtor days have increased from 38.9 to 50.2 days.
Working capital days have increased from -13.3 days to 88.3 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Foreign investors sold 1.52 pts; domestic institutions reduced 0.22 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

80%

Promoter

Promoters

80.0%0.00

Public

5.2%+1.81

FII / FPI

2.5%-1.52

DII

12.3%-0.22

Total shareholders

93,389-7,616 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter80.03%

FII2.45%

DII12.28%

Public5.24%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

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