Emmvee Photovoltaic Power Limited
Emmvee Photovoltaic Power Limited manufactures and sales solar cells, photovoltaic modules, and photovoltaic systems across India and Europe. Its products include TopCon Photovoltaic Module and TopCon Photovoltaic cells. It also executes grid and off-grid photovoltaic power projects on a turnkey basis and operates solar power plants. The company serves independent power producers, entities operating in the commercial and industrial sector, and engineering, procurement and construction service providers in both public and private sectors. The company was incorporated in 2007 and is based in Bengaluru, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 33.3%
Concerns1
- Valuation elevated β PE of 129.0x is 138% above Energy median of 54.3x
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 5 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.76 K Cr | β | βΉ162.00 Cr | β | β | 36.6% | 43.1% | 72.3% |
| Mar 2024 | βΉ1.23 K Cr | β | βΉ94.00 Cr | β | β | 33.3% | 74.8% | 308.7% |
| Mar 2023 | βΉ705.00 Cr | β | βΉ23.00 Cr | β | β | 11.1% | 39.3% | 155.6% |
| Mar 2022 | βΉ506.00 Cr | β | βΉ9.00 Cr | β | β | 4.9% | 38.3% | 200.0% |
| Mar 2021 | βΉ366.00 Cr | β | βΉ3.00 Cr | β | β | 1.7% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2025 |
|---|---|
| Revenue / Net Sales | 1,763 |
| Total Expenses | 1,502 |
| EBIT / Operating Profit | 262 |
| OPM % | 15% |
| Other Income | 29 |
| Finance Costs | 27 |
| Depreciation & Amortisation | 41 |
| Profit Before Tax | 223 |
| Tax % | 27% |
| Net Profit / PAT | 162 |
| EPS (βΉ) | 30.01 |
| Dividend Payout % | 0% |
Peer Comparison
Energy sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Emmvee Photovoltaic Power Limitedthis co. | βΉ14.71 K Cr | βΉ1.76 K Cr | 129.00 | 0.00 | 76.46 | 43.1% |
| Reliance Industries Ltd | βΉ19.66 L Cr | βΉ5.15 L Cr | 50.30 | 3.52 | 24.71 | -3.1% |
| NTPC Limited | βΉ3.28 L Cr | βΉ1.70 L Cr | 16.40 | 1.95 | 10.05 | 5.0% |
| Oil And Natural Gas Corporation Ltd | βΉ3.07 L Cr | βΉ1.34 L Cr | 9.42 | 0.91 | 4.12 | 3.2% |
| Adani Power Limited | βΉ2.77 L Cr | βΉ49.71 K Cr | 24.60 | 5.77 | 11.44 | 7.0% |
| Adani Enterprises Ltd. | βΉ2.49 L Cr | βΉ26.60 K Cr | 108.00 | 8.92 | 54.58 | -16.7% |
| POWER GRID CORPORATION OF INDIA LIMITED | βΉ2.41 L Cr | βΉ41.43 K Cr | 15.60 | 2.44 | 8.85 | -2.3% |
| Industry Average | β | βΉ57.17 K Cr | 54.29 | 4.27 | 53.34 | 35.1% |