Emmvee Photovoltaic Power Limited
Oil & Gas · NSE
↓ 436.8% vs fair value
52W Low
₹172
+30.4% from low
52W High
₹248
-9.9% from high
Valuation Gauge
Current Price
₹224
Fair Value
₹42
Fair Value Analysis
₹42
Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Oil & Gas sector companies | CAUTION: ROCE declining (latest 27.8%) — returns on capital are falling; verify this isn't a value trap.
Balance Sheet Value
33% weight
EV/EBITDA Multiple
67% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 82.5% is above the Oil & Gas sector benchmark of 10% — strong returns
Debt & Leverage
D/E ratio of 2.1x is manageable for Oil & Gas sector (norm: 1.5x)
Valuation vs Peers
P/E of 17.5x is 2.1x the Oil & Gas sector median of 8x — expensive
Cash Flow
Negative FCF of ₹-375 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 542.5% is well above the Oil & Gas sector average of 14.6% — strong growth
Dividend
No dividend — typical for growth-stage companies
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-2.5%
Free cash flow / market cap
Revenue Growth (YoY)
+186.6%
Year-on-year revenue change
Profit Growth (YoY)
+654.3%
Year-on-year PAT change
Operating Cash Flow
₹614 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹12.4
P/E Ratio
17.5x
P/B Ratio
15.7x
ROE
82.5%
ROCE
22.7%
Debt / Equity
2.15x
Beta
—
Div Yield
—
FCF (Cr)
₹-375 Cr
Revenue (Cr)
₹2,326 Cr
EPS Growth 5Y
542.5%
Mkt Cap (Cr)
₹15,061 Cr
52W High
₹248.4
52W Low
₹171.5
Book Value/Share
₹13.8
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| 2025-03-31 | ₹2.3K Cr | ₹722 Cr | 31.0% | ₹369 Cr | ₹68.39 |
| 2024-03-31 | ₹952 Cr | ₹120 Cr | 13.0% | ₹29 Cr | ₹26.78 |
| 2023-03-31 | ₹618 Cr | ₹56 Cr | 9.0% | ₹9 Cr | ₹8.28 |
| 2022-03-31 | ₹555 Cr | ₹104 Cr | 19.0% | ₹13 Cr | ₹12.62 |
| 2021-03-31 | ₹424 Cr | ₹113 Cr | 27.0% | ₹9 Cr | ₹8.63 |
| 2020-03-31 | ₹555 Cr | ₹105 Cr | 19.0% | ₹14 Cr | ₹12.61 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Oil & Gas| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
Gulf Oil Lubricants India Limited | ₹891 | ₹1,626.9 | +45.2% | 12.7 | 21.1% | UNDERVALUED |
GP Petroleums Limited | ₹28.7 | ₹44.1 | +35.0% | 5.4 | 7.4% | UNDERVALUED |
Magadh Sugar & Energy Limited | ₹493 | ₹640.5 | +23.0% | 8 | 13.9% | UNDERVALUED |
Oil and Natural Gas Corporation | ₹281.4 | ₹330.7 | +14.9% | 9.5 | 12.2% | FAIRLY_VALUED |
Avadh Sugar & Energy Limited | ₹499 | ₹534.5 | +6.6% | 12.8 | 8.0% | FAIRLY_VALUED |
GAIL India | ₹143.4 | ₹146.9 | +2.3% | 10.9 | 9.8% | FAIRLY_VALUED |
Hindustan Petroleum Corporation Limited | ₹328.9 | ₹333.1 | +1.3% | 4.5 | 12.3% | FAIRLY_VALUED |
Mahanagar Gas | ₹966.6 | ₹849.5 | -13.8% | 9.9 | 17.0% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Company Documents
Annual reports, concall transcripts & regulatory filings
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Analyst Note
1d ago
EMMVEE Photovoltaic is significantly overvalued at ₹223.7, trading at a 421% premium to its fair value of ₹41.67, with medium confidence in the valuation. While the company shows impressive earnings growth of 146% year-on-year and 543% over five years, it faces critical operational challenges including negative free cash flow of ₹375 Cr and deteriorating ROCE of 22.7%, coupled with elevated debt-to-equity of 2.15. The Piotroski F-score of 6 and "paper profits" earnings quality suggest financial distress beneath headline growth numbers. This stock suits only speculative investors comfortable with significant downside risk despite near-term bullish sentiment.
What is Dalal Street saying?
r/IndiaInvestments · r/Dalal_Street_Investments · r/IndianStockMarket
No Reddit mentions found yet for EMMVEE.
Telegram Channels
ET Markets · CNBC TV18 · Moneycontrol · Zee Business · NDTV Profit
No Telegram mentions found yet for EMMVEE.
StockTwits
What traders are saying right now
No StockTwits activity found for EMMVEE.
Search Interest
Google Trends · India · Last 90 days
Trend data not yet available — check back soon.
Technical Pulse
Plain English — no jargon
Not enough price history to assess trend.
RSI is 51 — neutral momentum, neither overbought nor oversold.
Insufficient data for short-term trend.
Trading significantly above fair value. Unless you believe the business has permanently re-rated, the risk-reward is unfavorable here.
Emmvee Photovoltaic Power Ltd is Rated Sell - marketsmojo.com
Renewable energy stocks: Vikram Solar, Emmvee Photo offer upto 53% gains, says Anand Rathi - MSN
Emmvee Photovoltaic Power Ltd Downgraded to Sell Amid Technical and Financial Weakness - Markets Mojo
Emmvee Photovoltaic Power Ltd Faces Technical Momentum Shift Amid Market Volatility - Markets Mojo
'No impact': Emmvee Photovoltaic clarifies on US import duty move; stock slips - MSN
'No impact': Emmvee Photovoltaic clarifies on US import duty move; stock slips - MSN
Emmvee Photovoltaic Power Ltd Hits Intraday High with 7.68% Surge - Markets Mojo
Emmvee Photovoltaic Power Clarifies Media Article on Renewable Energy Demand and Data Centres - scanx.trade
Emmvee Photovoltaic Power Limited Receives Rs 5.36 Crore Penalty from Customs Authority - scanx.trade
Emmvee Photovoltaic Power Ltd Upgraded to Hold on Technical and Valuation Improvements - Markets Mojo
Renewable energy stocks: Vikram Solar, Emmvee Photo offer upto 53% gains, says Anand Rathi - Business Today