ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Thursday, 12 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Fujiyama Power Systems Earnings Call: Key Takeaways

Fujiyama Power Systems (UTL Solar) reported strong FY26 performance with Revenue at ₹26,545 Mn, up 72% YoY. Focus is on backward integration into solar cell manufacturing (TOPCon) to capture on-grid residential demand.

Why this was an Alfa AlertNot a filter event. While growth is strong, management did not provide prior specific numerical guidance ranges to verify a material beat.
Highlights
Revenue growth72.3% YoY for FY26; Q4 grew 87.5% YoY.
MarginsEBITDA margins improved from 16.1% to 18.5% in FY26.
Demand visibilityStrong visibility from PM Surya Ghar Muft Bijli Yojana subsidy program.
Management confidenceHigh; citing supportive policy environment and increasing consumer adoption.

Growth

FY26 Revenue grew 72.3% YoY; EBITDA surged 97.3% to ₹4,903 Mn; PAT jumped 94.5% to ₹3,041 Mn.

Outlook

Commissioning 1.2 GW TOPCon solar cell plant at Ratlam; targeting 4,180 MW inverter and 2,545 MWh battery capacity.

Risks

Geopolitical issues impacting supply timelines; delays in commissioning Ratlam power electronics and battery capacities.

Source

Earnings Call filed with NSE, NSE: UTLSOLAR. Summary written with AI assistance from the document.

Read the document ↗

Fujiyama Power Systems Ltd: key numbers

Share price
₹362.25
Market cap
₹11,132 Cr
Revenue (annual)
₹2,655 Cr
Net profit (annual)
₹304.1 Cr
P/E (TTM)
30.6×Sector 44.3×
Promoter holding
86.63%+0.00% QoQ
FII holding
1.14%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Fujiyama Power Systems Ltd

All →
18:52 IST NSE
Financial Results

Fujiyama Power Systems Q2 FY27 Results: Net Profit ₹57.8 Cr, Down 8.1% YoY

Fujiyama Power Systems Ltd reported revenue from operations of ₹1,346 Cr (+137.0% YoY) and net profit of ₹57.8 Cr (-8.1% YoY) for Q2 FY27.

Key figure
Net profit ₹57.8 Cr · -8.1% YoY