profit from every ₹100 of sales.
₹0₹100
Emmvee Photovoltaic PWR L
₹264.48-1.14% today
+39.7% since Dec 15, 25
1-year low ₹172.931-year high ₹365.35
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹16.93 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Emmvee Photovoltaic PWR L sold, what it kept, and what it did with the cash.
Sales went from ₹6.05 billion in 2023 to ₹50.5 billion in 2026, with ₹10.8 billion of profit last year.
SalesProfit
Emmvee Photovoltaic PWR L vs. similar companies
Emmvee Photovoltaic PWR L grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Emmvee Photovoltaic PWR L | 16.9× · Fair price | ||
 First Solar | 13.5× · Cheap | ||
 Tongwei Co.,Ltd | No profit yet | ||
 Jinko Solar | No profit yet | ||
 CSI Solar | 31.4× · Expensive |
AI analysis
An AI analyst reads Emmvee Photovoltaic PWR L's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 6,046 | 9,415 | 23,356 | 50,499 | |
| 981 | 1,816 | 9,333 | 22,744 | |
| 170 | 1,114 | 5,660 | 14,387 | |
| 800 | 1,191 | 7,467 | 17,879 | |
| 89 | 289 | 3,690 | 10,816 | |
| 0.13 | 0.42 | 5.33 | 17.17 | |
| 16.2% | 19.3% | 40.0% | 45.0% | |
| 2.8% | 11.8% | 24.2% | 28.5% | |
| 1.5% | 3.1% | 15.8% | 21.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 8,408 | 21,900 | 39,139 | 57,725 |
| Cash | 535 | 1,823 | 2,186 | 2,426 |
| Total debt | 5,243 | 14,469 | 20,653 | 3,601 |
| Total liabilities | 7,003 | 20,212 | 33,771 | 20,776 |
| 1,405 | 1,688 | 5,368 | 36,949 | |
| 692 | 692 | 692 | 630 | |
| 4.2% | 3.6% | 17.0% | 27.6% | |
| 6.4% | 17.1% | 68.7% | 29.3% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 595 | 2,345 | 6,249 | 2,001 | |
| 4,446 | 6,746 | 9,885 | 6,533 | |
| -3,851 | -4,401 | -3,636 | -4,532 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 16.9×
- –
- 0.04
- 6.0×
- 3.6×
- –
- 10.3×
- -2.5%
- 5.9%
- –
Profitability
- 45.0%
- 28.5%
- 21.4%
- –
- 27.6%
- 13.1%
- –
- –
- –
- –
Growth
- +102.9%
- +410.4%
- –
- –
- −3.1%
Financial health
- 0.1×
- 0.10
- –
- 9.6×
- 2.06
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 6%of 965
Top 9%of 972
Top 22%of 717
Top 1%of 977
Bottom 13%of 978
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
7/7Passes 7 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
67Pass
Benjamin Graham
65Pass
Philip Fisher
73Pass
Peter Lynch
100Pass
Joel Greenblatt
62Pass
Charlie Munger
84Pass
Terry Smith
69Pass
Questions about Emmvee Photovoltaic PWR L
Is Emmvee Photovoltaic PWR L a good stock to buy?
A strong, very profitable business at a fair price. 7 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Emmvee Photovoltaic PWR L AI analysis
What does Emmvee Photovoltaic PWR L do?
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 is in Solar, based in Bengaluru, India.
Is Emmvee Photovoltaic PWR L stock halal?
Yes. Emmvee Photovoltaic PWR L passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
Who are Emmvee Photovoltaic PWR L's competitors?
The largest listed companies in the same industry are First Solar, Tongwei Co.,Ltd, Jinko Solar and CSI Solar. The peers table on this page compares their profit, growth and price with Emmvee Photovoltaic PWR L's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.