Emmvee Photovoltaic Power (EMMVEE) AGM 2026 summary

Opening remarks and agenda

• 19th AGM and first AGM as a listed entity; meeting held by video conference with quorum present. Listing began Nov. 18, 2025.

• Four resolutions covered adoption of FY ended Mar. 31, 2026 audited financial statements, ₹1/share dividend, appointment of Suhas Dhondimanjunatha as director liable to retire by rotation, and FY2026-27 cost-auditor remuneration ratification.

Financial performance review

• FY ended Mar. 31, 2026 revenue from operations ₹5,050 crore, up ~116%; EBITDA ₹1,734 crore, up ~140%; PAT ₹1,082 crore, up ~193%.

• Module production reached 2,999 MW vs. 1,482 MW prior year; cell production was 1,520 MW. Year-end installed capacity was 10.3 GW modules and 2.94 GW cells.

• Order book stood at 9.4 GW at Mar. 31, 2026, vs. 4.9 GW at the start of the year; it reached 9.9 GW at June 30, 2026, with quarterly order inflows of 1.5 GW.

Board and executive committee updates

• Chairman and Managing Director Manjunatha Donthi Venkatarathnaiah reaffirmed active involvement and a focus on continuity, responsible capital allocation, accountability, and leadership development.

• CEO Suhas Dhondimanjunatha described execution, customer service, resource allocation, and shareholder value creation as his priorities; a professional management team and clearer accountability are planned as operations scale.

• Workforce exceeded 3,800 at FY-end; management highlighted employee skills, safety, and development as essential to future growth.