EMMVEE PHOTOVOLTAIC POWER
Quarterly Results Analysis [Mar2026]
EMMVEE PHOTOVOLTAIC POWER Quarterly Results
| Consolidated | Mar2026 UnAudited |
Dec2025 UnAudited |
Sep2025 UnAudited |
Mar2025 UnAudited |
Dec2024 UnAudited |
Sep2024 UnAudited |
|---|---|---|---|---|---|---|
| Revenues | ₹1,739 Cr | ₹1,152 Cr | ₹1,131 Cr | ₹1,072 Cr | ₹528 Cr | ₹402 Cr |
| Expenses | ₹1,168 Cr | ₹739 Cr | ₹732 Cr | ₹711 Cr | ₹326 Cr | ₹310 Cr |
| Operating Income | ₹571 Cr | ₹413 Cr | ₹399 Cr | ₹361 Cr | ₹202 Cr | ₹93 Cr |
| Other Income | ₹5 Cr | ₹16 Cr | ₹18 Cr | ₹3 Cr | ₹10 Cr | ₹11 Cr |
| Interest | ₹13 Cr | ₹33 Cr | ₹55 Cr | ₹46 Cr | ₹37 Cr | ₹17 Cr |
| Depreciation | ₹79 Cr | ₹74 Cr | ₹71 Cr | ₹66 Cr | ₹54 Cr | ₹23 Cr |
| Profit Before Tax | ₹484 Cr | ₹322 Cr | ₹292 Cr | ₹253 Cr | ₹122 Cr | ₹64 Cr |
| Profit After Tax | ₹392 Cr | ₹264 Cr | ₹238 Cr | ₹207 Cr | ₹99 Cr | ₹35 Cr |
| EPS | ₹5.67 | ₹3.81 | ₹4.01 | ₹3.49 | ₹1.67 | ₹0.12 |
| Industry Peers & Returns | 1W | 1M | 1Y |
| EMMVEE PHOTOVOLTAIC POWER | 7.2% | 16.3% | NA |
| HITACHI ENERGY INDIA | -0.5% | -3.8% | 74.4% |
| ABB INDIA | -1.9% | -4% | 16.3% |
| CG POWER AND INDUSTRIAL SOLUTIONS | 1.7% | 5.7% | 44.3% |
| SIEMENS | -1.4% | -4% | 13.1% |
| GE VERNOVA T&D INDIA | -4.3% | 0.9% | 104.6% |
| WAAREE ENERGIES | -4.3% | -7.1% | -2.2% |
| HAVELLS INDIA | 0.8% | 1% | -24.3% |
| SUZLON ENERGY | 1% | 5.8% | -9.3% |
EMMVEE PHOTOVOLTAIC POWER Quarterly Revenues
| Revenues | |
|---|---|
| Q-o-Q | 50.91 % |
| Y-o-Y | 229.14 % |
| Quarters | Revenues | % Change | |
|---|---|---|---|
| Mar2026 | ₹1,739 Cr | 50.91 | |
| Dec2025 | ₹1,152 Cr | 1.88 | |
| Sep2025 | ₹1,131 Cr | 5.54 | |
| Mar2025 | ₹1,072 Cr | 102.86 | |
| Dec2024 | ₹528 Cr | 31.29 | |
| Sep2024 | ₹402 Cr | - | |
EMMVEE PHOTOVOLTAIC POWER Quarterly Operating Profit
| Operating Profit | |
|---|---|
| Q-o-Q | 38.16 % |
| Y-o-Y | 182.78 % |
| Quarters | Operating Profit | % Change | |
|---|---|---|---|
| Mar2026 | ₹571 Cr | 38.16 | |
| Dec2025 | ₹413 Cr | 3.50 | |
| Sep2025 | ₹399 Cr | 10.74 | |
| Mar2025 | ₹361 Cr | 78.58 | |
| Dec2024 | ₹202 Cr | 118.03 | |
| Sep2024 | ₹93 Cr | - | |
| Operating Margins | |
|---|---|
| Q-o-Q | -8.47 % |
| Y-o-Y | -14.10 % |
| Quarters | Operating Margin% | % Change | |
|---|---|---|---|
| Mar2026 | 32.84% | -8.47 | |
| Dec2025 | 35.88% | 1.61 | |
| Sep2025 | 35.31% | 4.93 | |
| Mar2025 | 33.65% | -11.98 | |
| Dec2024 | 38.23% | 66.07 | |
| Sep2024 | 23.02% | - | |
EMMVEE PHOTOVOLTAIC POWER Quarterly Profit After Tax
| Profit After Tax(PAT) | |
|---|---|
| Q-o-Q | 48.83 % |
| Y-o-Y | 295.56 % |
| Quarters | Profit After Tax | % Change | |
|---|---|---|---|
| Mar2026 | ₹392 Cr | 48.83 | |
| Dec2025 | ₹264 Cr | 10.84 | |
| Sep2025 | ₹238 Cr | 14.83 | |
| Mar2025 | ₹207 Cr | 108.81 | |
| Dec2024 | ₹99 Cr | 182.46 | |
| Sep2024 | ₹35 Cr | - | |
| PAT Margins | |
|---|---|
| Q-o-Q | -1.35 % |
| Y-o-Y | 20.18 % |
| Quarters | PAT Margin(%) | % Change | |
|---|---|---|---|
| Mar2026 | 22.57 % | -1.35 | |
| Dec2025 | 22.88 % | 8.80 | |
| Sep2025 | 21.03 % | 8.79 | |
| Mar2025 | 19.33 % | 2.93 | |
| Dec2024 | 18.78 % | 115.12 | |
| Sep2024 | 8.73 % | - | |
EMMVEE PHOTOVOLTAIC POWER Quarterly Earnings Per Share (EPS)
| EPS | |
|---|---|
| Q-o-Q | 48.82 % |
| Y-o-Y | 239.52 % |
| Quarters | EPS | % Change | |
|---|---|---|---|
| Mar2026 | ₹5.67 | 48.82 | |
| Dec2025 | ₹3.81 | -4.99 | |
| Sep2025 | ₹4.01 | 14.90 | |
| Mar2025 | ₹3.49 | 108.98 | |
| Dec2024 | ₹1.67 | 1,291.67 | |
| Sep2024 | ₹0.12 | - | |
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