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Earnings Call

Fujiyama Power Systems Earnings Call: Key Takeaways

Fujiyama Power Systems delivered a stellar Q4 FY26 with 87.5% revenue growth and margin expansion to 18.5%. The company is scaling its rooftop solar presence through backward integration.

Highlights
Revenue growth72.3% YoY for FY26; 87.5% for Q4.
MarginsEBITDA margins expanded to 18.5% from 16.1% due to backward integration.
Demand visibilityStrong visibility from PM Surya Ghar Yojana; 25GW incremental opportunity.
Management confidenceHigh; leveraging AI for cost control and expanding distribution.

Growth

FY26 revenue surged 72.3% YoY to ₹26,545M; Q4 EBITDA more than doubled to ₹1,715M.

Outlook

Guided 50% revenue growth for FY27; ₹350cr capex for 1.2GW TOPCon cell line; ₹5,000cr peak revenue potential at Ratlam.

Risks

Fire at Bawal facility suspended lead-acid battery production; BIS seizure of minor SKU categories; geopolitical supply delays.

Source

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

Read the document ↗

Fujiyama Power Systems Ltd: key numbers

Share price
₹422.10
Market cap
₹12,954 Cr
Revenue (annual)
₹2,655 Cr
Net profit (annual)
₹304.1 Cr
P/E (TTM)
44.0×Sector 45.9×
Promoter holding
86.63%-0.14% QoQ
FII holding
1.63%Current quarter

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

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