Fujiyama Power Systems Ltd
Fujiyama Power Systems Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Fujiyama targets doubling of sales volumes for FY27, aiming for at least 1 gigawatt each in solar panels, inverters, and batteries. Fujiyama Power Systems expects continued growth driven by capacity expansions, including 1 GW each for solar panels, inverters, and batteries in FY27, aiming to at least double current production volumes.
From Fujiyama Power Systems Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Fujiyama targets doubling of sales volumes for FY27, aiming for at least 1 gigawatt each in solar panels, inverters, and batteries.
- The company plans to expand capacity with new facilities: 1 GW at Dadri (DCR subsidy business) and an additional 2 GW at Ratlam, resulting in a total capacity around 3.5 to 4 GW.
- Utilization of new capacities is expected to ramp up gradually, targeting approximately 50% utilization in the next year and full utilization (90-100%) by the second year.
- The rooftop solar market has a projected CAGR of 40-45%, supported by government incentives and growing demand.
- Expansion in distribution network and increased in-house manufacturing are expected to support continued revenue growth.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Fujiyama Power Systems Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Fujiyama Power Systems commissioned a 1 GW solar cell manufacturing plant at Dadri with an investment of approx. Rs. 300 crores (completed faster than industrial standards).
- Ratlam facility expansion involves around Rs. 272 crores CAPEX (excluding land):
- Rs. 106 crores for 2 GW solar module line
- Rs. 28 crores for 2 GW solar inverter line
- Rs. 25 crores for 2 GW lithium-ion battery line
- Remaining for utilities, IT, and other expenses
- Ratlam lines expected to contribute revenue starting Q1 FY27.
- The company aims for 50% utilization of Ratlam capacity next year and potentially full utilization the year after.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
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
2 more points management made on order book & pipeline
Fujiyama Power Systems Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹901 Cr, net profit ₹106 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Fujiyama Power's management said in earlier quarters
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Frequently Asked Questions
What were Fujiyama Power Systems Ltd Q3 FY26 results?
Fujiyama targets doubling of sales volumes for FY27, aiming for at least 1 gigawatt each in solar panels, inverters, and batteries. Fujiyama Power Systems expects continued growth driven by capacity expansions, including 1 GW each for solar panels, inverters, and batteries in FY27, aiming to at least double current production volumes.
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 39.4 with a market cap of ₹11,995 Cr. Investors should review the full earnings analysis for detailed insights.
Is Fujiyama Power Systems Ltd planning capital expenditure?
Fujiyama Power Systems commissioned a 1 GW solar cell manufacturing plant at Dadri with an investment of approx.
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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.