Fujiyama Power Sys.

Fujiyama Power Systems' board approved raising up to Rs.1,200 crore through a qualified institutions placement, subject to shareholder and regulatory approvals, to meet minimum public shareholding requirements. A board QIP committee was authorised to determine issue size, timing and pricing and to appoint intermediaries. The board also allotted 4,11,587 equity shares at Rs.398.39 each under its 2023 employee stock option plan, lifting paid-up capital to 30,73,13,349 shares. The company reported revenue of Rs.2,654.5 crore in the year to March, with first-quarter FY27 revenue of Rs.1,345.7 crore at an 18.9% EBITDA margin. It distributed rooftop solar systems largely through more than 10,100 distributors, dealers and exclusive Shoppes, with solar panels accounting for about 43% of revenue. Installed capacity stood at about 3.5 GW of panels and 4 GW of power electronics, alongside a 1 GW MonoPERC cell line at Dadri.

Powered by Tijori

Fujiyama Power Systems scheduled a board meeting for 15 October 2026 to consider raising funds through equity issuance, including a qualified institutions placement, to meet minimum public shareholding requirements. The company reported revenue of Rs.2,655 crore in the year to March 2026, with solar panels accounting for about 43% of sales. It sold largely through a pan-India distribution network of more than 10,100 distributors, dealers and Shoppe outlets under the UTL Solar brand. It listed in November 2025 at Rs.228 per share, raising Rs.600 crore of fresh capital alongside an offer for sale.

Powered by Tijori

Fujiyama Power Systems approved an additional 1 GWh of lithium-battery capacity at Ratlam in Madhya Pradesh, with an estimated investment of ₹5 crore. It also approved a 1 GWh tubular-battery facility at Hathras in Uttar Pradesh, costing about ₹20 crore and targeted for commissioning in Q3 FY27. The Ratlam addition was targeted for Q2 FY27 and would take planned lithium capacity there to about 3.5 GWh alongside the earlier 2 GWh expansion. The Hathras project was intended to replace 1.3 GWh of tubular-battery capacity damaged in the May fire at Bawal, while the company had guided to roughly ₹500 crore of incremental FY27 capex.

Powered by Tijori

Aug 24 (Reuters) - Fujiyama Power Systems Ltd FUJI.NS:

• FUJIYAMA POWER SYSTEMS LTD - APPROVAL FOR ESTABLISHMENT OF 1 GWH TUBULAR BATTERIES’ MANUFACTURING FACILITY AT HATHRAS

• FUJIYAMA POWER SYSTEMS LTD - BATTERIES’ MANUFACTURING FACILITY REQUIRES INVESTMENT OF 200 MILLION RUPEES

Source text: ID:nNSE16v90J

Further company coverage: FUJI.NS

(([email protected];))

Aug 13 (Reuters) - Fujiyama Power Systems Ltd FUJI.NS:

• FUJIYAMA POWER SYSTEMS JUNE-QUARTER CONSOL PROFIT 577.9 MILLION RUPEES

• FUJIYAMA POWER SYSTEMS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 13.46 BILLION RUPEES

Further company coverage: FUJI.NS

(([email protected];))

May 22 (Reuters) - Fujiyama Power Systems Ltd FUJI.NS:

• FUJIYAMA POWER SYSTEMS LTD - APPROVES 1.2 GW TOPCON SOLAR CELL MANUFACTURING FACILITY IN MADHYA PRADESH

• FUJIYAMA POWER SYSTEMS LTD - ESTIMATED INVESTMENT FOR RATLAM FACILITY IS 3.50 BILLION RUPEES

Source text: ID:nNSE91Cnvf

Further company coverage: FUJI.NS

(([email protected];))

April 3 (Reuters) - Fujiyama Power Systems Ltd FUJI.NS:

• BIS INITIATES SEARCH AND SEIZURE AT FACILITY IN NOIDA ON MARCH 24

• BIS SEIZES PRODUCTS WORTH 25.2 MILLION RUPEES

• NO MATERIAL IMPACT ON FINANCIALS OR OPERATIONS FROM BIS ACTION

Source text: ID:nBSEVG45Q

Further company coverage: FUJI.NS

(([email protected];;))

March 20 (Reuters) - Fujiyama Power Systems Ltd FUJI.NS:

• AGREEMENT WITH UTTAR PRADESH STATE FOR INCENTIVE DISBURSEMENT UP TO 82.1 MILLION RUPEES

Source text: ID:nNSE9lFqvX

Further company coverage: FUJI.NS

(([email protected];;))

Feb 11 (Reuters) - Fujiyama Power Systems Ltd FUJI.NS:

• DEC-QUARTER PROFIT 673.1 MILLION RUPEES

• DEC-QUARTER REVENUE FROM OPERATIONS 5.88 BILLION RUPEES

Source text: ID:nNSE1mxWlt

Further company coverage: FUJI.NS

(([email protected];))

** Shares of Indian electronics manufacturing services firms Dixon Technologies DIXO.NS, Fujiyama Power Systems FUJI.NS, GNG Electronics GNGE.NS, DCX Systems DCXS.NS and Kaynes Technology KAYN.NS rise between 1.5% and 5.7%

** Analysts expect government support to boost domestic electronics manufacturing in federal budget

** Firms seen as key beneficiaries of India's push to localise electronics manufacturing

** Finance Minister Nirmala Sitharaman to present the federal budget at 11:00 a.m. IST today

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))