Emmvee Photovoltaic Power Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

Emmvee Photovoltaic Power will hold a meeting of the Board of Directors of the Company on 15 January 2026.

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The brokerage expects India?s solar installations to grow rapidly on the back of lower tariffs, rising power demand and policy support for domestic manufacturers. Emmvee was highlighted for its early move into high-efficiency TOPCon technology and aggressive capacity expansion, with cell and module capacities seen rising sharply by FY27. While near-term margin risks remain due to potential oversupply, the brokerage expects profitability to stabilise over time, supporting strong earnings growth.

Bengaluru-based Emmvee Photovoltaic Power is a renewable energy company. It manufactures of Solar PV modules and systems. The company?s consolidated net profit surged 577.3% to Rs 237.86 crore on an 181.1% jump in revenue from operations to Rs 1,131 crore in Q2 FY26 over Q2 FY25.

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The new line is part of the company?s planned capacity expansion disclosed in its IPO documents and has been completed according to schedule.

With this commissioning, the company?s total solar module manufacturing capacity now stands at 10.3 GW, strengthening its position in the renewable energy sector.

Emmvee Photovoltaic Power is primarily a solar module manufacturer and is the second largest pure-play integrated solar PV module and solar cell manufacturing company and one of the largest solar PV module manufacturers in India.

The company?s consolidated net profit surged 577.3% to Rs 237.86 crore on an 181.1% jump in revenue from operations to Rs 1,131 crore in Q2 FY26 over Q2 FY25.

Shares of Emmvee Photovoltaic Power rallied 6.85% to end at Rs 184.85 on Friday, 19 December 2025.

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Emmvee Photovoltaic Power announced that its wholly owned subsidiary, Emmvee Energy has commenced operation of its 2.5 GW solar module line at its factory located in Sulibele, Hoskete Taluk, Bengaluru, Karnataka, (Unit VI), today, i.e., 20 December 2025.

Pursuant to the above commissioning, the Company's aggregate solar module manufacturing capacity now stands increased to 10.3 GW.

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