Emmvee Photovoltaic Power Limited (NSE: EMMVEE | BSE: 544608) on Tuesday announced that its order book stood at 5.07 GW as of Q2 FY26, providing “healthy revenue visibility over the next 12–18 months.” The update comes at a time when the company’s shares have surged sharply following the release of its quarterly results.
Shares jump 10% after Q2 earnings
On December 02, 2025, Emmvee Photovoltaic Power’s stock climbed 10% to ₹240.76, inching close to its 52-week high of ₹241.34. The rally followed the company’s strong financial performance for Q2 FY26.
Q2 FY26 results: Profit surges seven-fold
The company posted a consolidated net profit of ₹237.86 crore, a steep rise from ₹35.12 crore in Q2 FY25 — a seven-times YoY growth. Net profit also improved from ₹187.67 crore reported in Q1 FY26.
Revenue from operations stood at ₹1,131 crore, up significantly from ₹402.40 crore in the same quarter last year.
EBITDA for the quarter reached ₹399.4 crore, reflecting a 331% YoY increase.
Diluted EPS rose to ₹4.01, marking a 580% YoY jump.
H1 FY26 performance
For the first half of FY26, Emmvee reported a 193% YoY rise in revenue, supported by strong demand for high-efficiency solar modules and improved operating performance.
Recent corporate updates
The company was recently listed on the exchanges with a muted debut at its IPO price of ₹217. A large portion of IPO proceeds was allocated toward repaying ₹1,621 crore of long-term debt, helping reduce the company’s interest burden and strengthening the balance sheet.
With the order book now confirmed at 5.07 GW, the company expects multi-quarter visibility driven by robust demand in premium solar PV modules.
Market snapshot
As of 14:50 pm on December 02, 2025, Emmvee Photovoltaic shares traded at ₹240.76, up ₹21.88 from the previous close of ₹218.88.
The intraday movement ranged between ₹225.55 and ₹240.76.
The stock saw active trading with a total traded value of ₹747.00 crore and a volume of 317.34 lakh shares.
The company’s market capitalisation now stands at ₹16,668.90 crore.
About the company
Founded in 1992, Emmvee is positioned as a premium solar solutions provider offering high-efficiency PV modules backed by quality engineering, timely execution, and customisation. The company listed on the exchanges on November 18, 2025, and is traded under the tickers EMMVEE (NSE) and 544608 (BSE).
