Emmvee Photovoltaic Power Ltd (EMMVEE) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow Emmvee Photovoltaic Power Ltd reported sales of ₹1,576 Cr, operating profit of ₹557 Cr (OPM 35%) and net profit of ₹382 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
EMMVEE quarterly results (₹ Cr) Metric Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026 Sales 528 1,072 1,028 1,131 1,152 1,739 1,556 1,576 Expenses 326 711 677 732 739 1,168 1,007 1,020 Operating Profit 202 361 350 399 413 571 548 557 OPM 38% 34% 34% 35% 36% 33% 35% 35% Other Income 10 3 14 18 16 5 16 3 Interest 37 46 53 55 33 13 11 9 Depreciation 54 66 72 71 74 79 84 85 Profit before tax 122 253 240 292 322 484 470 465 Tax 19% 18% 22% 18% 18% 19% 19% 18% Net Profit 99 207 188 238 264 392 380 382 EPS in Rs 1.67 3.49 3.16 4.01 3.81 5.67 5.49 5.52
EMMVEE profit & loss, annual (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM Sales 555 618 952 2,336 5,050 6,023 Expenses 451 562 832 1,614 3,316 3,933 Operating Profit 104 56 120 722 1,734 2,089 OPM 19% 9% 13% 31% 34% 35% Other Income 12 26 3 25 54 40 Interest 49 28 34 108 155 67 Depreciation 42 43 42 156 296 322 Profit before tax 25 12 48 483 1,338 1,741 Tax 49% 23% 39% 24% 19% - Net Profit 13 9 29 369 1,082 1,418 EPS in Rs 0.23 0.15 0.49 6.22 15.62 20.49 Dividend Payout 0% 0% 0% 0% 6% -
EMMVEE balance sheet (₹ Cr) Metric Mar 2024 Mar 2025 Sep 2025 Mar 2026 Sep 2026 Equity Capital 11 11 119 138 138 Reserves 158 526 838 3,556 4,252 Borrowings 1,447 2,065 2,056 360 1,108 Other Liabilities 558 1,312 1,437 1,718 1,342 Total Liabilities 2,173 3,914 4,449 5,772 6,841 Fixed Assets 291 2,046 2,180 2,634 2,638 CWIP 646 13 156 10 213 Investments 0 257 150 57 33 Other Assets 1,237 1,598 1,963 3,072 3,957 Total Assets 2,173 3,914 4,449 5,772 6,841
EMMVEE cash flows (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Cash from Operating Activity 129 59 234 625 200 Cash from Investing Activity 20 -131 -1,000 -986 -306 Cash from Financing Activity -84 80 894 397 130 Net Cash Flow 65 8 129 36 24 Free Cash Flow 147 -173 -440 -363 -440 CFO/OP 129% 107% 207% 96% 23%
EMMVEE ratios Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Debtor Days 27 41 37 30 50 Inventory Days 101 103 148 197 225 Days Payable 34 50 77 91 116 Cash Conversion Cycle 94 93 108 136 159 Working Capital Days -44 -28 -90 -38 86 ROCE 9% 6% 7% 28% 45%