Emmvee Photovoltaic Power Limited Q2 FY27 results deck summary

Results deck of 14 Oct 2026, summarised by AI from the filing.

Q2 FY27 revenue ₹15,764 mn, up 39% YoY, with capacity expansion to 16.3 GW modules and 8.94 GW cells by FY27.

Key takeaways

1. Q2 FY27 revenue Revenue from operations ₹15,764 mn, up 39% YoY and 1% QoQ.
2. Capacity guidance Module capacity to 16.3 GW and cell capacity to 8.94 GW by FY27.
3. Backward integration Plans for 9 GW ingot and wafer facility, with 5 GW in FY29 and 4 GW in FY30.

Original filing on BSE

Emmvee Photovoltaic Power Limited Q2 FY27 results

As filed: Revenue ₹1,576 cr (+39% year on year), EBITDA ₹557 cr (+39% year on year), PAT ₹382 cr (+61% year on year), EBITDA margin 35.3% (−4 bps).

The Q2 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q1 FY27: Revenue ₹1,556 cr, EBITDA ₹548 cr, PAT ₹380 cr, EBITDA margin 35.2%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,556 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: −4.8% in 30 days (Nifty 500: +1.4%).
• Q4 FY26: Revenue ₹1,739 cr, EBITDA ₹571 cr, PAT ₹392 cr, EBITDA margin 32.8%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,739 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: +14.6% in 29 days (Nifty 500: +0.9%).
• Q3 FY26: Revenue ₹1,152 cr, EBITDA ₹413 cr, PAT ₹264 cr, EBITDA margin 35.9%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,152 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: −3.7% in 29 days (Nifty 500: −0.7%).
• Q2 FY26: Revenue ₹1,131 cr, EBITDA ₹400 cr, PAT ₹238 cr, EBITDA margin 35.4%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹1,131 cr). Scored once a year-earlier consolidated quarter exists. Share price after the results: −12.1% in 30 days (Nifty 500: −0.2%).

Past price moves after results do not indicate future moves. Not a recommendation.

Emmvee Photovoltaic Power Limited earnings call, investor presentation and press release summaries

• Q2 FY27: Results deck (14 Oct 2026), Results press release (14 Oct 2026)
• Q1 FY27: Earnings call (16 Jul 2026), Results deck (15 Jul 2026), Results press release (15 Jul 2026)
• Q4 FY26: Earnings call (29 Apr 2026), Results deck (28 Apr 2026), Results press release (28 Apr 2026)
• Q3 FY26: Earnings call (16 Jan 2026), Results deck (15 Jan 2026), Results press release (15 Jan 2026)
• Q2 FY26: Earnings call (2 Dec 2025), Results deck (2 Dec 2025), Results deck (2 Dec 2025), Results press release (1 Dec 2025)