Emmvee Photovoltaic Power Limited

Emmvee Photovoltaic Power Limited (EMMVEE) is a small-cap Capital Goods company valued at ₹19,185 crore operating in Other Electrical Equipment on the NSE and BSE.

Recent price move

Emmvee Photovoltaic Power Limited last traded at ₹276.85, modestly down 1.86% on the day.

Recent developments

On 2026-09-18, the company announced a dividend of ₹1.00 per share, effective from the ex-date. Promoter holding remained at 80.03% as of 2026-06-30, while foreign institutional holding increased by 0.47 percentage points and domestic institutional holding fell by 2.48 percentage points in the quarter.

Financial performance

The company's business is improving, with annual revenue rising 116.2% and net profit surging 193.1% year-over-year. The latest quarter saw revenue grow 51.3% and net profit jump 102.3% compared to the same quarter a year earlier. Net profit margin expanded 5.6 percentage points to 21.4%, while return on equity remained strong at 29.3%.

Valuation multiples

The stock trades at 16.1 times earnings, 6.42 times book value. It yields 0.3%.

Things to watch

The stock is 17.7% below its 52-week high, and domestic institutional holding decreased significantly in the quarter. The company's debt to equity ratio is 0.10, indicating low leverage, but the stock's price has fallen from its peak, which may reflect market conditions rather than company-specific issues.

Where it stands

The company has delivered strong growth in both revenue and net profit over the past year and quarter, with margins expanding and returns remaining robust. The most significant movement was the 102.3% rise in net profit compared to the same quarter a year earlier. The stock is currently 17.7% below its 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.