Emmvee Photovoltaic Power Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Emmvee Photovoltaic Power Limited reported Q1FY27 revenue from operations of INR 1,555 crores, EBITDA of INR 548 crores at a 35% margin, and profit after tax of INR 380 crores. Management attributed the results to record module and cell production, improved cell utilization, a healthier DCR mix, and lower finance costs, while the order book grew to 9.9 gigawatt on fresh inflows of about 1.5 gigawatt. The company also detailed progress on its 6 gigawatt integrated TOPCon cell and module expansion and plans for backward integration into ingot and wafer manufacturing.
Emmvee Photovoltaic Power reported FY26 revenue of Rs 5,049 crores, up 116% year-on-year, with EBITDA of Rs 1,734 crores and PAT of Rs 1,082 crores. Management attributed the growth to higher production volumes, improved cell utilization and expanded module manufacturing capacity, and highlighted an order book of 9.4 gigawatt along with progress on a new 6 gigawatt integrated cell and module facility at Devanahalli. The company also completed its IPO in November 2025, used proceeds to prepay term loans, and received two credit rating upgrades during the year.