New Delhi: Emmvee Photovoltaic Power Limited, an integrated solar cell and module manufacturer, held its 19th Annual General Meeting, its first since listing on the stock exchanges in November 2025.
Shareholders approved a final dividend of ₹1 per equity share of face value ₹2 for the financial year ended March 31, 2026. The dividend reflects the company’s approach to balancing shareholder distributions with investment in manufacturing capabilities, technology and long-term growth.
For FY2025-26, Emmvee reported consolidated revenue from operations of ₹5,050 crore, an increase of 116% year-on-year, and consolidated profit after tax of ₹1,082 crore, up 193%.
The performance was supported by higher production volumes, increased manufacturing scale and the benefits of integrated operations.
The company continued to deliver year-on-year growth in the first quarter of FY2026-27, with revenue from operations increasing 51% and profit after tax rising 103%. Its order book stood at approximately 9.9 GW as at June 30, 2026.
Manjunatha Donthi Venkatarathnaiah, Chairman and Managing Director, Emmvee Photovoltaic Power Limited, said, “Our first AGM as a listed company is an opportunity to thank our shareholders for their trust and reaffirm our responsibility towards them. We remain committed to earning that trust through consistent execution, transparent communication and prudent financial management.
As we invest in Emmvee’s next phase of growth, our approach is to balance shareholder returns with the resources required to strengthen the business. Our priorities are to serve customers reliably, improve manufacturing efficiency, deepen integration and execute our expansion with financial discipline. We believe these fundamentals will support lasting value for all shareholders.”
Emmvee is developing a 6 GW integrated solar cell and module manufacturing facility at Devanahalli, Karnataka. The investment is intended to strengthen manufacturing integration, enhance control over quality and costs, and support the company’s ability to meet customers’ evolving requirements.
The approved dividend will be paid to eligible shareholders as of the record date of September 18, 2026, within 30 days of the AGM, subject to applicable tax deductions.
