ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Tuesday, 10 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

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 Q2 FY27 concall: date, live audio and summaryConcall page →
Highlights
Revenue growthQ2 revenue ₹1,307 Cr, +130% YoY; H1 ₹2,652 Cr, +127%.
MarginsQ2 EBITDA margin 17.1% vs 18.1% YoY; mgmt calls headwinds temporary.
Demand visibilitySubsidy-linked; PM Surya Ghar 2.0 unclear; over 50% revenue subsidy-linked.
Management confidenceBalanced-to-defensive: declined revenue guidance, skipped H2 question, cites uncertainty.

Growth

Q2 revenue rose 130% to ₹1,307 Cr and EBITDA 116% to ₹223 Cr, so margin compressed about 100 bps. Growth is volume-led; no price split was disclosed.

Outlook

No guidance given; 1.2 GW TOPCon cells on track for Q1 FY28; Li-ion capacity to 3.5 GWh next quarter.

Risks

Inventory ₹1,230 Cr (up from ₹910 Cr); subsidy-policy and DCR cell-shortage uncertainty; ₹143 Cr pre-tax fire loss pending insurance.

Source

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

Read the document ↗

Fujiyama Power Systems Ltd: key numbers

Share price
₹356.65
Market cap
₹10,960 Cr
Revenue (annual)
₹2,655 Cr
Net profit (annual)
₹304.1 Cr
P/E (TTM)
30.1×Sector 43.9×
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