Emmvee Q2 FY27 Earnings Call Transcript Released
Emmvee reported its strongest H1 FY27 performance with revenue up 45% to ₹3,132 crore and PAT up 79% to ₹762 crore. The 6 GW integrated cell and module manufacturing project remains on track, with module commissioning by Dec 2026 and cell by Mar 2027. Total capacity will reach 16.3 GW modules and 8.9 GW cells.
The announcement concerns the release of a conference call transcript detailing strong financial results and significant expansion plans for manufacturing capacity, which are material events for investors.
The company reported its strongest half-yearly performance, with significant year-on-year growth in revenue, EBITDA, and profit after tax. The management expressed optimism about future growth and expansion plans.
Emmvee Photovoltaic Power Limited has released the transcript of its Q2 FY27 Earnings Conference Call, which was held on October 15, 2026. The call discussed the company's unaudited financial results for the quarter and half-year ended September 30, 2026.
During the call, the management highlighted that the first half of FY27 marked the company's strongest performance to date. Revenue from operations grew by 45% year-on-year to ₹3,132 crores, with EBITDA increasing by 47% to ₹1,105 crores. Profit after tax saw a significant rise of 79% to ₹762 crores. EBITDA margins were maintained at approximately 35%.
The company also provided an update on its expansion plans, stating that its 6 gigawatt integrated TOPCon cell and module manufacturing project is on track. The module manufacturing facility is expected to be commissioned by December 2026, followed by the cell manufacturing facility by March 2027. This expansion will increase the total installed manufacturing capacity to approximately 16.3 gigawatt of modules and 8.9 gigawatt of cells.
Further discussions included the company's perspective on the Indian solar industry, the evolution of the domestic manufacturing ecosystem, and Emmvee's strategic positioning, including its inclusion in the ALMM List-II for G12R TOPCon cells. The management also touched upon plans for backward integration into ingot and wafer manufacturing, with a proposed 9 gigawatt facility.
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Emmvee Photovoltaic Power Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Emmvee Photovoltaic Power Limited. Read the original for the full detail.