Emmvee Photovoltaic Power Limited — Reporting period: Quarter and year ended March 31, 2026 (Consolidated and Standalone)
There are no standalone/quarterly financial tables for the standalone cash flows beyond the year ended March 31, 2026; all extracted tables below are for the periods shown in the source.
Consolidated Statement of Assets and Liabilities as at March 31, 2026
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 2,45,628.20 | 1,92,412.38 |
| Capital work-in-progress | 985.39 | 1,335.60 |
| Right-of-use assets | 17,605.65 | 12,061.53 |
| Intangible assets | 116.06 | 140.11 |
| Financial assets | ||
| (i) Investments | 2,730.71 | – |
| (ii) Other financial assets | 2,283.22 | 1,965.84 |
| Other non-current assets | 1,931.72 | 14,978.55 |
| Total non-current assets | 2,71,280.95 | 2,22,894.01 |
| Current assets | ||
| Inventories | 1,71,055.42 | 75,836.55 |
| Financial assets | ||
| (i) Investment | 3,005.32 | 25,682.89 |
| (ii) Trade receivables | 69,501.56 | 19,026.96 |
| (iii) Cash and cash equivalents | 24,262.32 | 21,863.70 |
| (iv) Bank balances other than (iii) above | 11,103.04 | 10,547.79 |
| (v) Other financial assets | 686.87 | 348.55 |
| Current tax assets (net) | 47.23 | 292.64 |
| Other current assets | 26,306.49 | 14,900.61 |
| Total current assets | 3,05,968.25 | 1,68,499.69 |
| Total assets | 5,77,249.20 | 3,91,393.70 |
| EQUITY AND LIABILITIES | ||
| EQUITY | ||
| Equity share capital | 13,846.90 | 1,079.18 |
| Other equity | 3,55,647.19 | 52,600.54 |
| Total equity | 3,69,494.09 | 53,679.72 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 4,894.58 | 1,68,886.72 |
| (ii) Lease liabilities | 14,856.38 | 9,561.46 |
| (iii) Other financial liabilities | 12.75 | 11.85 |
| Provisions | 813.72 | 386.51 |
| Deferred tax liabilities | 10,305.59 | 4,581.54 |
| Other non-current liabilities | 28,404.59 | 19,304.89 |
| Total non-current liabilities | 59,287.61 | 2,02,732.97 |
| Current liabilities | ||
| Financial liabilities | ||
| (i) Borrowings | 12,831.82 | 26,081.93 |
| (ii) Lease liabilities | 3,423.21 | 1,995.14 |
| (iii) Trade payables | ||
| – Total outstanding dues of micro and small enterprises | 1,878.57 | 4,031.41 |
| – Total outstanding dues of creditors other than micro and small enterprises | 86,334.26 | 30,883.57 |
| (iv) Other financial liabilities | 15,788.83 | 14,507.74 |
| Other current liabilities | 24,488.84 | 54,939.15 |
| Provisions | 498.06 | 393.06 |
| Current tax liabilities (net) | 3,223.91 | 2,149.01 |
| Total current liabilities | 1,48,467.50 | 1,34,981.01 |
| Total liabilities | 2,07,755.11 | 3,37,713.98 |
| Total equity and liabilities | 5,77,249.20 | 3,91,393.70 |
Consolidated Statement of Audited Financial Results (Quarter and year ended March 31, 2026)
| S.N. | Particulars | Quarter ended March 31, 2026 (Refer note 8) | Quarter ended December 31, 2025 (Unaudited) | Quarter ended March 31, 2025 (Refer note 3 & 8) | Year ended March 31, 2026 (Audited) | Year ended March 31, 2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 1,73,880.62 | 1,15,225.17 | 1,07,167.64 | 5,04,987.73 | 2,33,561.34 | |
| (b) Other income | 503.15 | 1,569.15 | 324.96 | 5,351.52 | 2,471.21 | |
| Total income | 1,74,383.77 | 1,16,794.32 | 1,07,492.60 | 5,10,339.25 | 2,36,032.55 | |
| 2 | Expenses | |||||
| (a) Cost of materials consumed | 1,14,501.21 | 87,433.70 | 62,557.77 | 3,41,172.67 | 1,51,800.12 | |
| (b) Changes in inventories of finished goods, stock-in-trade and work-in-progress | (13,226.69) | (26,580.81) | (502.56) | (63,620.71) | (11,568.44) | |
| (c) Employee benefits expense | 4,318.57 | 3,482.30 | 2,411.44 | 13,668.04 | 6,646.22 | |
| (d) Finance costs | 1,302.86 | 3,327.42 | 4,586.05 | 15,466.19 | 10,787.73 | |
| (e) Depreciation and amortization expenses | 7,917.48 | 7,399.89 | 6,550.91 | 29,563.27 | 15,595.25 | |
| (f) Other expenses | 11,176.72 | 9,551.91 | 6,635.18 | 40,330.26 | 14,489.64 | |
| Total expenses | 1,25,990.15 | 84,614.41 | 82,238.79 | 3,76,579.72 | 1,87,750.52 | |
| 3 | Profit before tax for the period/year | 48,393.62 | 32,179.91 | 25,253.81 | 1,33,759.53 | 48,282.03 |
| 4 | Income tax expense | |||||
| a. Current tax | 8,222.87 | 4,448.27 | 465.46 | 19,895.97 | 7,137.70 | |
| b. Deferred tax | 932.76 | 1,367.86 | 4,074.73 | 5,708.41 | (4,422.59) | |
| Total income tax expense | 9,155.63 | 5,816.13 | 4,540.19 | 25,604.38 | 11,380.59 | |
| 5 | Profit after tax for the period/year | 39,237.99 | 26,363.78 | 20,713.62 | 1,08,155.15 | 36,901.44 |
| 6 | Other Comprehensive Income (OCI) | |||||
| Items that will not be reclassified subsequently to profit or loss | ||||||
| a. Remeasurements gain/(loss) on defined benefit plan | 21.97 | 13.96 | (7.54) | 12.82 | (53.24) | |
| b. Net gains/losses in fair value of equity instruments | 84.22 | – | – | 84.22 | – | |
| c. Income tax effect on above item | (17.96) | (3.71) | 4.92 | (15.68) | 15.52 | |
| Item that will or may be reclassified to statement of profit or loss | ||||||
| Foreign Currency translation reserve (FCTR) | 238.73 | (106.29) | (55.14) | (413.35) | (60.10) | |
| Total other comprehensive income/(loss) for the period/year | 326.96 | (96.04) | (57.76) | (331.99) | (97.82) | |
| 7 | Total comprehensive income for the period/year | 39,564.95 | 26,267.74 | 20,655.86 | 1,07,823.16 | 36,803.62 |
| 8 | Net profit attributable to : | |||||
| Equity shareholders of the Company | 39,237.99 | 26,363.78 | 20,713.62 | 1,08,155.15 | 36,901.44 | |
| 9 | Total comprehensive income attributable to : | |||||
| Equity shareholders of the Company | 39,564.95 | 26,267.74 | 20,655.86 | 1,07,823.16 | 36,803.62 | |
| 10 | Paid-up equity share capital (Face value of share INR 2/- each) | 13,846.90 | 13,846.90 | 1,079.18 | 13,846.90 | 1,079.18 |
| 11 | Other equity | 3,55,647.19 | 52,600.54 | |||
| 12 | Earnings per share (Face value of share INR 2/- each) (Not annualised except for the year ended March 31, 2026 and March 31, 2025): | |||||
| (a) Basic (INR) (in absolute number) | 5.67 | 4.11 | 3.49 | 17.17 | 6.22 | |
| (b) Diluted (INR) (in absolute number) | 5.67 | 4.11 | 3.49 | 17.17 | 6.22 |
Consolidated Statement of Cash Flows (Year ended March 31, 2026)
| Particulars | For the year ended March 31, 2026 (Audited) | For the year ended March 31, 2025 (Audited) |
|---|---|---|
| A. Cash flow from operating activities | ||
| Profit before tax | 1,33,759.53 | 48,282.03 |
| Adjustments for: | ||
| Depreciation and amortisation expenses | 29,563.27 | 15,595.25 |
| Finance costs | 15,466.19 | 10,787.73 |
| Net gain on disposal of property, plant and equipment | (706.80) | – |
| Net gain on disposal of other intangible assets | – | (9.02) |
| Interest income | (721.75) | (2,132.22) |
| Income from government grants | (1,542.32) | (39.84) |
| Net gains on disposal of investments in debt mutual funds measured at FVTPL | (548.76) | (164.89) |
| Gain on modification of lease terms | – | (4.25) |
| Impairment of non-financial assets | – | 2,001.14 |
| Bad debts written off | – | 128.88 |
| Provision for expected credit loss on trade receivables | 2,556.91 | (115.48) |
| Provision for warranties | 445.18 | 249.61 |
| Provision for advances | 158.62 | – |
| Unwinding of discount on security deposits at amortised cost | (144.82) | (72.22) |
| Changes in fair value of foreign exchange forward contracts | (303.21) | 41.70 |
| Amortisation of prepaid expenses (initial deferred portion of security deposit) | – | 7.27 |
| Foreign exchange differences | 3,350.72 | (66.85) |
| Operating profit before working capital changes: | 1,81,332.76 | 74,488.84 |
| Changes in working capital | ||
| Decrease/(Increase) in trade receivables | (53,134.55) | (9,427.48) |
| Decrease/(Increase) in inventories | (95,218.81) | (45,216.07) |
| Decrease/(Increase) in other financial assets | (737.94) | (1,202.88) |
| Decrease/(Increase) in Other Current assets | (11,312.74) | (8,683.48) |
| Decrease/(Increase) in Other non current assets | (175.14) | (483.32) |
| Increase/(Decrease) in trade payables | 51,297.85 | 19,206.68 |
| Increase/(Decrease) in other financial liabilities | 362.52 | 393.03 |
| Increase/(Decrease) in provision | 87.77 | 91.39 |
| Increase/(Decrease) in other current liabilities | (31,400.31) | 32,260.27 |
| Increase/(Decrease) in other non current liabilities | (2,041.30) | 7,617.76 |
| Cash generated from operations | 39,060.11 | 69,044.74 |
| Less: Income taxes paid (net of refunds) | (19,046.34) | (6,554.85) |
| Net cash flow from operating activities (A) | 20,013.77 | 62,489.89 |
| B. Cash flow from investing activities | ||
| Purchase of property, plant and equipment (including capital work-in-progress and capital advances) | (65,305.24) | (98,830.34) |
| Proceeds from government grant | 12,684.00 | – |
| Purchase of intangible assets | (26.59) | (16.38) |
| Proceeds from sale of property, plant and equipment | 1,343.51 | – |
| Proceeds from sale of other intangible assets | – | 9.02 |
| Proceeds from / (Investment in) bank deposits | (476.42) | 23,551.15 |
| Loan given to a related party | – | (1,445.25) |
| Loan repayments received from a related party | – | 1,445.25 |
| Investments in equity instruments | (2,646.48) |