Elgi Equipments vs Emmvee Photovoltaic Power: share price & financials comparison
NSE: ELGIEQUIP vs EMMVEE · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Elgi Equipments vs Emmvee Photovoltaic Power at a glance
Elgi Equipments (ELGIEQUIP) has a market capitalisation of ₹17,649 Cr, against ₹16,947 Cr for Emmvee Photovoltaic Power (EMMVEE). On valuation, Elgi Equipments trades at a lower P/E of 38.8 versus 43.2. Elgi Equipments earns a higher return on equity (18.9% vs 8.9%). Elgi Equipments comes out ahead on profitability, financial health, momentum and technicals. Emmvee Photovoltaic Power comes out ahead on size. Across the scored metrics below, Elgi Equipments leads on 8 and Emmvee Photovoltaic Power on 4. On StoxGud's 10-point checklist, Elgi Equipments scores 9/10 and Emmvee Photovoltaic Power scores 4/10.
| Metric | Elgi Equipments | Emmvee Photovoltaic Power |
|---|---|---|
| Size | ||
| Market cap | ₹17,649 Cr | ₹16,947 Cr |
| Revenue (latest FY) | ₹3,951 Cr | ₹5,050 Cr |
| Net profit (latest FY) | ₹430 Cr | ₹1,082 Cr |
| Valuation | ||
| P/E | 38.8 | 43.2 |
| P/B | 7.35 | 3.86 |
| Dividend yield | 0.39% | — |
| Profitability | ||
| Return on equity | 18.9% | 8.9% |
| Net profit margin | 10.5% | 6.5% |
| Operating margin | 15.3% | 34.7% |
| Growth | ||
| Revenue growth (YoY) | +17.2% | +39.4% |
| Net profit growth (YoY) | +5.7% | -100.0% |
| Revenue CAGR (multi-year) | +15.5% | — |
| Financial health | ||
| Debt to equity | 0.15 | 0.21 |
| Momentum | ||
| 1-month return | -7.5% | -17.8% |
| 1-year return | +10.2% | — |
| 3-year CAGR | +3.3% | — |
| 5-year CAGR | +22.3% | — |
| 10-year CAGR | +19.2% | — |
| Distance from 52W high | -13.3% | -31.2% |
| Technicals | ||
| RSI (14) | 46 | 37 |
| Price vs 200-day avg | +0.6% | -9.5% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Elgi Equipments | Emmvee Photovoltaic Power |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✗ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✓ | ✓ |
| Score | 9/10 | 4/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Elgi Equipments or Emmvee Photovoltaic Power?
Elgi Equipments has a market cap of ₹17,649 Cr and Emmvee Photovoltaic Power has a market cap of ₹16,947 Cr as of 06 Nov 2026.
Which has a lower P/E, Elgi Equipments or Emmvee Photovoltaic Power?
Elgi Equipments has the lower P/E: Elgi Equipments trades at 38.8 and Emmvee Photovoltaic Power at 43.2.
Is Elgi Equipments or Emmvee Photovoltaic Power a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Elgi Equipments scores 9/10 and Emmvee Photovoltaic Power scores 4/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.