AI Summary
✦ ClarthaEmmvee Photovoltaic Power is a solar equipment manufacturer and photovoltaic project operator serving India and Europe. TopCon cells and modules drive product revenue, while turnkey grid and off-grid projects add execution income. Solar power plants provide an additional operating segment. Revenue grew 116.2% year-on-year, and profit increased 193.1%, but no major recent development identifies a new catalyst for further margin expansion. Margins are improving, though ROE is unavailable and debt-to-equity of 9.74 indicates substantial leverage that can amplify reported returns and financial risk. The company’s 17.2x P/E appears fair relative to current growth, but investors must assess whether exceptional growth can continue as leverage remains elevated. Neutral sentiment reflects limited near-term catalysts and an open question around earnings durability.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 5 analysts
Fundamentals
Fundamentals institutional score is 0 using growth durability 0.0.
Valuation
Valuation institutional score is 39 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 89 using mean target upside 25.0%; dispersion penalty 3.0; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 90 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
This data source has not been supplied for the decision payload.
Signal Summary
Market intelligence remains Mixed. analyst consensus and technical structure provide support, while fundamentals and valuation remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 36.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.1). Confidence: 77%.
Live forward EPS implies next-12-month EPS of ₹28.27. Applying the stock's normalized valuation corridor produces a fair range of ₹315.49 to ₹489.07, with base value near ₹355.92 (+12.2% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹28.27
Forward P/E
11.2x
Base Fair Value
₹355.92
Fair Range
₹315.49 - ₹489.07
Upside To Base
+12.2%
Estimate Source
Live forward EPS
Growth Estimate
+73.7%
5Y Average
14.26
Current
17.24
Overvalued
17.30
Undervalued
11.16
5Y Average
3.26
Current
3.94
Overvalued
3.75
Undervalued
2.77
5Y Average
9.46
Current
11.43
Overvalued
11.45
Undervalued
7.03
Peers & Comparison
Sector: Industrials · Theme: Renewable Energy Equipment & Services
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
WAAREE ENERGIES LIMITED WAAREEENERRenewable Energy Equipment & Services | +79.2% | 12.7% | 20.1x Undervalued | -46% vs avg | -8.1% |
SUZLON ENERGY LIMITED SUZLONRenewable Energy Equipment & Services | +22.5% | 18.1% | 20.7x Undervalued | -45% vs avg | -21.3% |
VIKRAM SOLAR LIMITED VIKRAMSOLRRenewable Energy Equipment & Services | +37.9% | 6.8% | 15.3x Undervalued | -59% vs avg | -54.9% |
SAATVIK GREEN ENERGY LTD SAATVIKGLRenewable Energy Equipment & Services | +74.9% | 7.9% | 14.6x Undervalued | -61% vs avg | -3.2% |
FUJIYAMA POWER SYSTEMS L UTLSOLARRenewable Energy Equipment & Services | +87.5% | 11.5% | 38.1x Fair | +2% vs avg | +89.3% |
AZAD ENGINEERING LIMITED AZADRenewable Energy Equipment & Services | +28.5% | 21.9% | 115.3x Premium | +209% vs avg | +62.8% |
EMMVEE PHOTOVOLTAIC PWR L trades at a discount (17.2x vs peer avg 37.3x), suggesting potential undervaluation relative to the Renewable Energy Equipment & Services cohort. Peers include WAAREE ENERGIES LIMITED, SUZLON ENERGY LIMITED, VIKRAM SOLAR LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹217 CrJun 2026Latest net profit
₹37 CrJun 2026Latest EPS
₹0.53Jun 2026Net margin
1.4%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales + | 457 | 356 | 544 | 445 | 277 | 81 | 271 | 217 |
| Expenses + | 352 | 297 | 533 | 328 | 256 | 88 | 273 | 214 |
| Operating Profit | 105 | 59 | 11 | 117 | 21 | -7 | -2 | 3 |
| OPM % | 23% | 17% | 2.0% | 26% | 8% | -8% | -0.6% | 1.4% |
| Other Income + | -1,753 | 7 | 8 | 12 | 18 | 33 | 49 | 52 |
| Interest | 6 | 5 | 7 | 3 | 3 | 1 | 1 | 1 |
| Depreciation | 7 | 7 | 15 | 6 | 6 | 6 | 5 | 5 |
| Profit before tax | -1,661 | 54 | -3 | 121 | 30 | 20 | 42 | 49 |
| Tax % | 2% | 27% | -107% | 25% | 26% | 29% | 29% | 25% |
| Net Profit + | -1,692 | 40 | 0 | 90 | 22 | 14 | 29 | 37 |
| EPS in Rs | -1,567.91 | 36.69 | 0.04 | 1.52 | 0.37 | 0.20 | 0.42 | 0.53 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome