Don’t Trade in the Dark—Get Your Pre-Market Report Every Day.Join Now
Emmvee Photovoltaic Power Ltd| Consolidated Assets and Liabilities as of March 31, 2026
Report Source
⬤28th Apr 26
Summary : Emmvee Photovoltaic Power reports strong FY26 results, successful IPO, and recommended dividend.
Quarterly Report Analysis & Insights
Financial Disclosures
- Consolidated Total Expenses FY26: 3,76,579.72 lakhs.
- Standalone Total Expenses FY26: 97,562.27 lakhs.
- Consolidated Revenue from Operations FY26: 5,04,987.73 lakhs.
- Consolidated Total Income FY26: 5,10,339.25 lakhs.
- Standalone Revenue from Operations FY26: 1,07,455.87 lakhs.
- Standalone Total Income FY26: 1,18,752.77 lakhs.
- Consolidated Net cash flow from operating activities FY26: 20,013.77 lakhs (down from 62,489.89 FY25).
- Consolidated Net cash flow used in investing activities FY26: (30,414.43) lakhs.
- Consolidated Net cash flow from financing activities FY26: 13,034.98 lakhs.
- Standalone Net cash flow from operating activities FY26: (4,611.18) lakhs (down from 39,130.57 FY25).
- Standalone Net cash flow used in investing activities FY26: (1,85,952.35) lakhs.
- Standalone Net cash flow from financing activities FY26: 1,93,773.20 lakhs.
- Consolidated Total Assets FY26: 5,77,249.20 lakhs (up from 3,91,393.70 FY25).
- Consolidated Total Equity FY26: 3,69,494.09 lakhs (up from 53,679.72 FY25).
- Standalone Total Assets FY26: 2,98,780.18 lakhs (up from 1,01,724.02 FY25).
- Standalone Total Equity FY26: 2,67,884.57 lakhs (up from 44,327.55 FY25).
- Loan given to a related party.
- Loan repayments received from a related party.
- Both standalone and consolidated financial results are presented.
Corporate Overview
- India (Holding Company)
- USA (Emmvee Energy Inc)
- Germany (Emmvee Energy GmbH, Solarpark Emmvee Sokrates GmbH, Solarpark Doberschutz GmbH, Emmvee Verwaltungs GmbH)
- Manufactures and sells photovoltaic modules and systems.
- Specializes in EPC projects within the solar sector.
- Offers solar pumps and independent power production.
- Factual and compliant with regulatory disclosures.
- Photovoltaics modules (PV)
- Engineering, Procurement, and Construction (EPC) Projects
- Others (solar pumps, independent power production)
Risk Factors
- Consolidated operating cash flow decreased.
- Standalone operating cash flow negative.
- Significant standalone investing outflow.
- Unutilized IPO proceeds for general purposes.
Key Drivers
- Strong revenue and profit growth.
- Successful IPO and bonus share issue.
- Unmodified audit opinion received.
- Final dividend recommended.
Auditor’s Report
- Unmodified opinion on consolidated annual financial results.
- Unmodified opinion on standalone annual financial results.
Board Commentary
- Recommended final dividend of Re.1/- per equity share (50%) for FY 2025-26.
- Impact of new Labour Codes (2019, 2020) on employee benefits not material.
- IPO proceeds utilized for debt repayment and general corporate purposes.
Corporate Governance
- Audit Committee reviewed and approved results.