Emmvee Photovoltaic Power Limited Q1 FY27 earnings call summary

Earnings call of 16 Jul 2026, summarised by AI from the filing.

Targeting approximately ₹2,400 cr EBITDA by close of FY27; module line by Dec 2026, cell line by Mar 2027.

Key takeaways

1. Guidance Targeting approximately ₹2,400 cr EBITDA by close of FY27; module line by Dec 2026, cell line by Mar 2027.
2. Change Cell utilization improved to 83% from 79% QoQ, driving record production and margin expansion.
3. Driver Higher DCR mix (over 50%) and increased internal cell consumption supported margins.
4. Risk Geopolitical issues led to higher raw material inventory; non-DCR execution delayed by LC and rains.

Original filing on BSE

Emmvee Photovoltaic Power Limited Q1 FY27 results

As filed: 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.

Earlier results and the share price after them

• 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

• 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)