Latest: Fujiyama Power Systems Ltd Q1 FY27 results →All Q2 FY26 results →
FP

Fujiyama Power Systems Ltd

Q2 FY26Electrical Equipment

Fujiyama Power Systems Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹395
Market cap₹12.1K Cr
P/E29.0
Updated16 Oct 2026
Read4 min read

The short version

Historically, Fujiyama Power Systems has achieved strong year-on-year growth, with recent quarterly revenue growth of 72.6% and half-year growth of 61.5% (Page 5). Fujiyama Power Systems demonstrated strong revenue growth of 72.6% YoY in Q2 FY26 and 61.5% in H1 FY26, indicating robust demand.

From Fujiyama Power Systems Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Historically, Fujiyama Power Systems has achieved strong year-on-year growth, with recent quarterly revenue growth of 72.6% and half-year growth of 61.5% (Page 5).
  • The company aims to maintain or improve this growth trajectory, supported by expanding manufacturing capacities and channel networks (Pages 4, 7).
  • Expansion of solar panel capacity from 1.3 to 2 gigawatts is aligned with the rooftop solar industry CAGR of 40-43%, targeting sustained market share (Page 7).
  • New solar cell capacity of 1 gigawatt in Dadri is expected to be commissioned within a month, gradually contributing to revenue from Q4 FY26 onwards (Pages 4, 12, 13).
  • Increased distributor and dealer network (7,500+ partners) and focus on underserved regions (North-East, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal, Jharkhand) support geographic growth (Page 15).

2 more points from Fujiyama Power Systems Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Fujiyama Power Systems Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Fujiyama Power Systems is undertaking significant capex focused on expanding capacity in solar panels, batteries, inverters, and solar cells.
  • A major project is the 2 GW capacity expansion at Ratlam for panels, batteries, and inverters, expected to roughly double total capacity by end of FY26.
  • Capex planned for Ratlam in FY26 is INR 272 crores.
  • A 1 GW solar cell plant at Dadri is under installation, with commissioning targeted for March 2026 and full stabilization by Q1 FY27.
  • Dadri battery plant commissioning is also expected by March 2026.
  • Capex planned for the cell plant at Dadri is around INR 350-400 crores.

2 more points from Fujiyama Power Systems Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Fujiyama Power Systems Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Fujiyama Power Systems Ltd said on order book & pipeline — free account, 30 seconds.

Fujiyama Power Systems Ltd — Quarterly revenue & net profit

Revenue Net profit
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹1.3K Cr, net profit ₹58 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Fujiyama Power Systems Ltd's management said in earlier quarters

Others in Electrical Equipment this season

  • Inox Wind Ltd (Q2 FY26)

    200 crore. Key concall takeaways from Inox Wind Ltd's Q2 FY26 earnings call — and how it ranks against sector peers.

  • Prostarm Info Systems Ltd (Q2 FY26)

    Q2-FY26 Revenue from Operations: INR 659 Mn, down 33.1% YoY (Q2-FY25: INR 985 Mn) . Key investor presentation takeaways from Prostarm Info Systems Ltd's Q2 FY26

  • Power & Instrumentation (Gujarat) Ltd (Q2 FY26)

    Net Sales: ₹70.27 Cr (up from ₹54.93 Cr in Q2 FY25) — approx. Key investor presentation takeaways from Power & Instrumentation (Gujarat) Ltd's Q2 FY26 investor

  • Triveni Turbine Ltd (Q2 FY26)

    The outstanding order book is at a record ₹22.2 billion, which is 24% higher year-over-year. Key concall takeaways from Triveni Turbine's Q2 FY26 earnings call…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Fujiyama Power Systems Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Fujiyama Power Systems Ltd Q2 FY26 results?

Historically, Fujiyama Power Systems has achieved strong year-on-year growth, with recent quarterly revenue growth of 72.6% and half-year growth of 61.5% (Page 5). Fujiyama Power Systems demonstrated strong revenue growth of 72.6% YoY in Q2 FY26 and 61.5% in H1 FY26, indicating robust demand.

What is Fujiyama Power Systems Ltd share price analysis?

Fujiyama Power Systems Ltd currently shows a neutral. The stock trades at a P/E of 29.0 with a market cap of ₹12,132 Cr. Investors should review the full earnings analysis for detailed insights.

Is Fujiyama Power Systems Ltd planning capital expenditure?

Fujiyama Power Systems is undertaking significant capex focused on expanding capacity in solar panels, batteries, inverters, and solar cells.

Keep Fujiyama Power Systems Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.