UTLSOLARBSEFujiyama Power Systems LtdHighNeutral
Announced Fri, 15 May · 12:25 IST

Fujiyama Power Systems Limited has informed the Exchange regarding a revised (signed) press release dated May 15, 2026, titled "Audited Annual Financial Results and Limited Reviewed Quarterly ....

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults View source PDF

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AI summary

Fujiyama Power Systems reported exceptional Q4 and FY26 results. Q4 revenue surged 87.5% YoY to Rs. 9,008 million with EBITDA up 116.9% to Rs. 1,715 million (19.0% margin). Full year FY26 revenue reached Rs. 26,545 million, up 72.3% YoY, with PAT of Rs. 3,041 million (94.5% growth). EBITDA margin expanded from 16.1% to 18.5% year-over-year. The company added 80+ distributors, 450 dealers, and 30 exclusive Shoppes in Q4, bringing total channel partners to over 8,900. Key expansion includes commissioning 2,000 MW solar panel capacity and setting up a 1,200 MW TOPCon cell facility at Ratlam (Rs. 350 crore investment). This is the company's first full year reporting post-IPO.

Likely market impact

Strong financial performance with near-doubling of profitability and significant margin expansion signals robust execution. The expansion in manufacturing capacity and distribution network positions the company well for continued growth in India's rooftop solar market. Shareholders should view this as highly positive given the scale of growth across all key metrics.