Emmvee Photovoltaic Power Limited Q1 FY27 results press release summary

Results press release of 15 Jul 2026, summarised by AI from the filing.

6 GW integrated facility module line expected commissioned by December 2026 and cell line by March 2027, taking capacity to approximately 16.3 GW modules and 8.9 GW cells by early FY28.

Key takeaways

1. Expansion timeline 6 GW integrated facility module line expected commissioned by December 2026 and cell line by March 2027, taking capacity to approximately 16.3 GW modules and 8.9 GW cells by early FY28.
2. Margin driver Effective solar cell capacity utilisation rose to a record 83% (Q1 FY26: 68%, Q4 FY26: 79%), the primary driver of margin expansion.
3. Order book Order inflow of 1.48 GW in Q1 FY27 took the order book to an all-time high of approximately 9.9 GW.
4. Demand tailwind ALMM List II, implemented from June 2026, mandates domestically manufactured solar cells for covered projects; management expects it to support demand over coming quarters.

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)