Fujiyama Power Systems Limited has informed the exchange about the audited Annual Financial results and limited reviewed Quarterly Financial results for the period ended on March 31, 2026
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Fujiyama Power Systems reported strong FY26 results with revenue of Rs 26,545 million, up 72% from Rs 15,407 million in FY25. Profit after tax grew 94.5% to Rs 3,041 million from Rs 1,563 million. Basic EPS improved to Rs 10.24 from Rs 5.59. The auditor issued an unmodified (clean) opinion but included an Emphasis of Matter paragraph regarding a major fire incident at the Bawal facility on May 6, 2026, causing estimated damage of Rs 1,576.30 million to building, plant, machinery and inventory. The company has commissioned its 2 GW solar panel manufacturing facility at Ratlam and approved setting up a 1.2 GW TOPCON solar cell facility. The Bawal facility, which manufactured lead-acid batteries with 1.3 GW capacity, has been temporarily suspended with third-party arrangements in place.
Strong financial growth demonstrates operational strength, but the post-balance sheet fire incident at the Bawal facility represents a significant risk requiring monitoring. The companys expansion plans and insurance coverage may mitigate long-term impact, but near-term disruption to battery operations is likely.