About
Fujiyama Power Systems Limited manufactures and sells roof-top solar products and solutions under the UTL Solar and Fujiyama Solar brands in India and internationally. It offers solar power generation systems, such as solar panels, hybrid solar inverter, off and on- grid inverter, online solar power conditioning units, solar management unit, and lithium-ion and tubular lead acid batteries; power backup solutions comprising online uninterruptible power supplies and inverters; power supply solutions, including hybrid charge controller units; and electronic vehicle, marine, and engine start chargers. The company was founded in 1996 and is based in Greater Noida, India.
Key Metrics
as of Sep 2026Market Cap13,175 Cr
P/E31.50
Div Yield0.00 %
Book Value—
52w High₹494.00
52w Low₹171.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,346.00 | 901.00 | 588.00 | 568.00 | 597.00 | 480.00 | 339.00 | 329.00 |
| Expenses | 1,091.00 | 729.00 | 479.00 | 465.00 | 491.00 | 401.00 | 286.00 | 279.00 |
| Operating Profit | 255.00 | 171.00 | 110.00 | 103.00 | 106.00 | 79.00 | 52.00 | 50.00 |
| OPM % | 19.00 | 19.00 | 19.00 | 18.00 | 18.00 | 16.00 | 15.00 | 15.00 |
| Other Income | -141.00 | 3.00 | 0.00 | 2.00 | 0.00 | 7.00 | 0.00 | 2.00 |
| Depreciation | 25.00 | 21.00 | 9.00 | 8.00 | 7.00 | 6.00 | 5.00 | 4.00 |
| Interest | 11.00 | 10.00 | 12.00 | 12.00 | 9.00 | 9.00 | 8.00 | 6.00 |
| Profit before tax | 78.00 | 144.00 | 89.00 | 85.00 | 90.00 | 72.00 | 40.00 | 42.00 |
| Tax % | 26.00 | 26.00 | 25.00 | 26.00 | 25.00 | 29.00 | 26.00 | 25.00 |
| Net Profit | 58.00 | 106.00 | 67.00 | 63.00 | 68.00 | 51.00 | 30.00 | 32.00 |
| EPS in Rs | 1.88 | 3.47 | 2.20 | 2.25 | 2.41 | 1.83 | 1.07 | 12.99 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 2,655.00 | 1,541.00 | 925.00 | 664.00 | 506.00 | 405.00 | 299.00 |
| Expenses | 2,164.00 | 1,292.00 | 826.00 | 612.00 | 461.00 | 367.00 | 272.00 |
| Operating Profit | 490.00 | 249.00 | 99.00 | 52.00 | 45.00 | 38.00 | 28.00 |
| OPM % | 18.00 | 16.00 | 11.00 | 8.00 | 9.00 | 9.00 | 9.00 |
| Other Income | 6.00 | 9.00 | 3.00 | 1.00 | 1.00 | 3.00 | 3.00 |
| Interest | 44.00 | 27.00 | 26.00 | 16.00 | 5.00 | 2.00 | 2.00 |
| Depreciation | 44.00 | 18.00 | 13.00 | 6.00 | 1.00 | 13.00 | 13.00 |
| Profit before tax | 408.00 | 213.00 | 63.00 | 31.00 | 40.00 | 26.00 | 15.00 |
| Tax % | 25.00 | 27.00 | 28.00 | 23.00 | 28.00 | 25.00 | 29.00 |
| Net Profit | 304.00 | 156.00 | 45.00 | 24.00 | 29.00 | 20.00 | 11.00 |
| EPS in Rs | 9.93 | 5.58 | 18.46 | 17.86 | 20.91 | 14.48 | 7.85 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 31.00 | 28.00 | 25.00 | 14.00 | 14.00 | 14.00 | 14.00 |
| Reserves | 1,243.00 | 369.00 | 215.00 | 179.00 | 167.00 | 31.00 | 11.00 |
| Borrowings | 520.00 | 395.00 | 205.00 | 215.00 | 141.00 | 142.00 | 125.00 |
| Other Liabilities | 551.00 | 222.00 | 166.00 | 106.00 | 77.00 | 55.00 | 46.00 |
| Total Liabilities | 2,344.00 | 1,014.00 | 610.00 | 515.00 | 400.00 | 241.00 | 195.00 |
| Fixed Assets | 673.00 | 418.00 | 276.00 | 232.00 | 114.00 | 83.00 | 89.00 |
| CWIP | 201.00 | 0.00 | 0.00 | 8.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,469.00 | 596.00 | 334.00 | 274.00 | 286.00 | 158.00 | 106.00 |
| Total Assets | 2,344.00 | 1,014.00 | 610.00 | 515.00 | 400.00 | 241.00 | 195.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3.00 | 18.00 | 85.00 | 78.00 | -58.00 | -10.00 |
| Cash from Investing Activity | -520.00 | -118.00 | -45.00 | -132.00 | -46.00 | -7.00 |
| Cash from Financing Activity | 654.00 | 104.00 | -37.00 | 54.00 | 104.00 | 16.00 |
| Net Cash Flow | 131.00 | 4.00 | 4.00 | 0.00 | 0.00 | -2.00 |
| Free Cash Flow | -515.00 | -99.00 | 38.00 | -60.00 | -91.00 | -18.00 |
| CFO/OP % | 22.00 | 25.00 | 94.00 | 156.00 | -97.00 | -12.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 19.00 | 17.00 | 26.00 | 16.00 | 28.00 | 41.00 | 44.00 |
| Inventory Days | 180.00 | 128.00 | 124.00 | 136.00 | 174.00 | 85.00 | 66.00 |
| Days Payable | 71.00 | 40.00 | 61.00 | 52.00 | 45.00 | 43.00 | 47.00 |
| Cash Conversion Cycle | 128.00 | 105.00 | 88.00 | 100.00 | 158.00 | 82.00 | 64.00 |
| Working Capital Days | 59.00 | 22.00 | 11.00 | 6.00 | 40.00 | 44.00 | 43.00 |
| ROCE % | 35.00 | 39.00 | 21.00 | 13.00 | 18.00 | 17.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSECredit Ratings
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Rating update14 Aug from crisil
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Rating update18 May from crisil
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Rating update11 Nov 2025 from crisil
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Rating update27 Jun 2018 from crisil