| Revenue growth | 72.3% YoY for FY26; 87.5% for Q4. |
|---|---|
| Margins | EBITDA margins expanded to 18.5% from 16.1% due to backward integration. |
| Demand visibility | Strong visibility from PM Surya Ghar Yojana; 25GW incremental opportunity. |
| Management confidence | High; 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.
Earnings Call filed with BSE, NSE: UTLSOLAR. Summary written with AI assistance from 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 →Fujiyama Power Systems Earnings Call Transcript: Key Takeaways
Revenue and EBITDA more than doubled on volume-led growth, but margin slipped to 17.1% and inventory rose to ₹1,230 Cr. Management declined to give guidance and leaned on long-term narrative.
Fujiyama Power Systems Other Announcement
Fujiyama Power filed its monitoring agency report on IPO proceeds for the quarter ended September 2026. It shows no deviation from objects and no utilisation this quarter.
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
Fujiyama Power Systems Board Meeting Date
Fujiyama Power Systems has scheduled a board meeting on 5 November 2026 to consider unaudited standalone and consolidated September quarter results. The trading window stays closed until 7 November 2026, reopening 8 November.
Fujiyama Power Systems Price Movement Clarification
Fujiyama Power Systems clarified that its 1.2 GW solar cell manufacturing machinery has already been delivered, ensuring no material impact from China's export restrictions.
Fujiyama Power Systems Annual General Meeting
Fujiyama Power Systems seeks shareholder approval via postal ballot to raise up to Rs. 1,200 Crore through a Qualified Institutions Placement (QIP).
- Value
- ₹1,200 Cr