Emmvee Photovoltaic: 17.6x P/E vs 25.8x Industry, Does the Stock Still Have Room to Re-rate After a 75% Rally?
India, Sept. 16 -- The shares of this small cap company majorly engaged in manufacturing module and cell also producing TOPCon solar cells, were in focus after the the stock rallied nearly 75 percent from 1st January 2026 to 16 September 2026
With the market capitalization of Rs. 22,432 Crores, the shares of Emmvee Photovoltaic Power Ltd were trading at around Rs. 324 per share which is 13 percent discount from its 52 week high of Rs. 372 per share and is trading at a P/E of 17.6 whereas industry P/E stands at 25.8
Strong Earnings Momentum
Emmvee Photovoltaic started FY27 on a strong note, with revenue rising 51% YoY to Rs1,555 crore, while EBITDA increased 56% to Rs548.1 crore. EBITDA margin improved to 35% from 34% in Q1FY26 and 33% ...
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