Emmvee Photovoltaic Power Announces FY2026 Results and Recommends Final Dividend
Emmvee Photovoltaic Power Limited announced the outcomes of its Board of Directors meeting held on April 28, 2026. The Board considered and approved the company's audited financial results (both standalone and consolidated) for the quarter and the year ended March 31, 2026. The statutory auditors, M S K C & Associates LLP, issued the audit report with an unmodified opinion on these results.Furthermore, the Board recommended a final Dividend of Re. 1/- per equity share, which has a face value of Rs. 1/- each, corresponding to a payout of 50% for the Financial Year (FY) 2025-26. The dividend will be paid within 30 days from the date of approval by the members at the ensuing Annual General Meeting (AGM).
Financial Highlights (For the Year Ended March 31, 2026)
The company released comprehensive audited financial statements, detailing the group's performance and financial position.Consolidated Results Summary
The audited financial results for the year ended March 31, 2026, reflect the total assets and equity structure of the group.| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 577,249.20 million INR | 391,393.70 million INR |
| Total Equity | 369,494.09 million INR | 53,679.72 million INR |
| Total Liabilities | 207,755.11 million INR | 117,711.98 million INR |
Standalone Financial Position
The company's standalone balance sheet also shows significant growth in total assets:| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| Total Assets | 9,94,710.11 million INR | 1,01,724.02 million INR |
| Total Equity | 2,67,884.57 million INR | 44,327.55 million INR |
Performance During the Year
The results for the quarter and year ended March 31, 2026, showed the following trends in total income:| Metric | Quarter ended March 31, 2026 | Quarter ended December 31, 2025 | Quarter ended March 31, 2025 | Year ended March 31, 2026 | Year ended March 31, 2025 |
|---|---|---|---|---|---|
| Total Income | 32,056.96 million INR | 11,452.55 million INR | 55,142.93 million INR | 1,18,752.77 million INR | 1,79,256.65 million INR |
| Total Expenses | 27,198.26 million INR | 9,448.85 million INR | 55,455.94 million INR | 97,562.27 million INR | 1,56,934.35 million INR |
| Profit after tax (Million INR) | 2,940.40 million INR | 1,416.83 million INR | 22,62 million INR | 15,565.81 million INR | 16,132.80 million INR |
Cash Flow Summary
The company's Statement of Cash Flows for the year ended March 31, 2026, highlights key operational cash generation:| Particulars | For the Year Ended March 31, 2026 | For the Year Ended March 31, 2025 |
|---|---|---|
| Net cash flow from operating activities | 39,070.11 million INR | 41,212.05 million INR |
| Net cash flow from investing activities | (1,15,952.35 million INR) | 19,404.74 million INR |
| Net cash flow from financing activities | 1,92,773.20 million INR | (22,209.00 million INR) |
| Net increase in cash and cash equivalents | 1,209.67 million INR | 1,314.50 million INR |
Dividend and Share Capital
Regarding equity and dividends, the company's equity share capital stands at 13,846.90 million INR, compared to 1,079.18 million INR in the previous year. The recommendation of a 50% final dividend aligns with the dividend structure and the company's commitment to its shareholders.The Company's IPO-related utilization of proceeds shows that out of the total proceeds, the majority was utilized towards general corporate purposes, with 9,166.44 million INR remaining as unutilized balance as of March 31, 2026.
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Note: The statutory auditors, M S K C & Associates LLP, issued an unmodified opinion on the audited financial results for both standalone and consolidated segments.
EMMVEE Stock Price Movement
Today, Emmvee Photovoltaic Power Limited shares edged higher to close at ₹272.28, marking a gain of 3.89% in trading. The stock demonstrated strong investor interest, closing amid a total traded volume of 5.18 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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