Notes / Company

Fujiyama Power Systems Ltd.

UTLSOLAR BSE 544613 ISIN INE12UR01024 Solar Panels

Fundamentals

Market cap: ₹9,499 cr
P/E: 31.23×
ROE: 39.40%
Debt / equity: 0.87
52-week range: 172.00 — 365.00

Research on Tijori Finance

Company snapshot

Fujiyama Power Systems Ltd.

Solar Panel

₹8,289 cr

P/E 27.26×

Latest quarter · Mar 2026

Sales₹901 cr

Net profit₹106 cr

Op. margin+19.0%

EPS₹3.47

Strength & growth

Debt / equity0.87×

Current ratio1.25×

The timeline — 1 note on Fujiyama Power Systems Ltd.

May 2026

22 May 26 · 4:48 PM IST Brief

Brief · Earnings · Mid cap

Fujiyama Power targets ₹3,900 cr revenue for FY27

Management expects 50% top-line growth backed by a new Ratlam facility, while planning a ₹350 cr investment in TOPCon solar cells.

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