EMMVEE

April 28 (Reuters) - Emmvee Photovoltaic Power Ltd EMMV.NS:

• MARCH-QUARTER CONSOL NET PROFIT 3.92 BILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 17.39 BILLION RUPEES

• DECLARES DIVIDEND OF 1 RUPEES PER SHARE

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** Brokerage Kotak Institutional Equities starts coverage on Emmvee Photovoltaic Power EMMV.NS with "add" rating, sets PT at 250 rupees driven by attractive valuations

** Shares of EMMV down 2% at 218 rupees on Monday as the broader market falls; Nifty 50 .NSEI down 0.79%

** Kotak expects co to log 44% PAT CAGR over FY 2025-30E driven by capacity expansion, higher backward integration and improved capacity utilisation

** Adds, scaling up cell capacity, wafer expansion to drive long-term profitability

** However, heightened competitive intensity will likely impact margins and return ratios from FY2028- Kotak

** YTD, EMMV up 14%

(Reporting by Komal Salecha in Bengaluru)

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March 17 (Reuters) - Emmvee Photovoltaic Power Ltd EMMV.NS:

• EMMVEE PHOTOVOLTAIC POWER LTD - RECEIVES PENALTY FOR 53.6 MILLION RUPEES FROM COMMISSIONER OF CUSTOMS, BENGALURU

Source text: ID:nNSE1qrPyD

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Feb 25 (Reuters) - Emmvee Photovoltaic Power Ltd EMMV.NS:

• EMMVEE CLARIFIES NO IMPACT FROM RECENT U.S. DUTY DEVELOPMENTS

Source text: ID:nBSE6Q2STS

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Jan 15 (Reuters) - Emmvee Photovoltaic Power Ltd EMMV.NS:

• EMMVEE PHOTOVOLTAIC POWER LTD DEC-QUARTER CONSOL NET PROFIT 2.64 BILLION RUPEES

• EMMVEE PHOTOVOLTAIC POWER LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 11.52 BILLION RUPEES

Source text: ID:nBSE6z67rp

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** Emmvee Photovoltaic Power EMMV.NS jumps 10% to 203.40 rupees, highest since December 10

** Jefferies starts with "buy", PT of 320 rupees

** Cites co's early adoption of TOPCon solar cell tech, strong policy tailwinds from domestic content requirements, robust balance sheet as key drivers for growth

** Expects 65 GW annual solar installations by FY28, projecting 56% EBITDA CAGR and 64% PAT CAGR for co over FY25-FY28, even as margins normalise amid rising industry capacity

** Says stock trading at ~50% discount to peers, making valuations "too cheap to ignore"

** EMVV down 6.2% since listing on November 18, 2025

(Reporting by Brijesh Patel in Bengaluru)

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** India's Emmvee Photovoltaic Power EMMV.NS rises as much as 7.9% to 237.45 rupees after Q2 results

** Solar module manufacturer reports quarterly revenue of 11.31 billion rupees ($126 million), nearly tripling from a year ago

** Profit after tax jumps nearly 7 times to 2.38 billion rupees

** Stock nears record high of 241.34 rupees hit on November 19

** Co says demand for high-efficiency solar modules saw a "significant surge", with additional operational efficiencies driving profit growth

** Shares, which listed on November 18, up 7.83% so far

($1 = 89.7675 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

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