UTLSOLARBSEFujiyama Power Systems LtdHighNeutral
Announced Thu, 14 May · 21:09 IST

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

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionEmphasis Of MatterResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹273.10
prior close
₹286.75
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AI summary

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.

Likely market impact

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.