Fujiyama Power Systems
- Market cap
- ₹ 11,112 Cr.
- P/E
- 37.5x
- P/B
- 8.88x
- 52-week range
- 172 – 494.25
- ROE
- 36%
- ROCE
- 35%
- Dividend yield
- 0%
- Debt / equity
- 0.41
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- NSE, BSE
About
Fujiyama Power Systems Limited is a manufacturer of products and solution provider in the rooftop solar industry, including on-grid, off-grid and hybrid solar systems. It is engaged in production of solar panels, solar batteries, solar inverters, solar charges, lithium-ion batteries and related products. It has a comprehensive product portfolio in the roof-top solar segment. Its products include solar panels, hybrid solar inverter, off-grid inverter, on-grid inverter, online solar power conditioning unit, solar management unit, lithium-ion battery, tubular lead acid battery, online UPS, inverter, hybrid charge controller unit, EV charger, marine charger/ engine start charger. It provides solar PCUs, solar off-grid, on-grid and hybrid inverters, solar panels, pulse-width-modulation chargers and other battery chargers, lithium-ion and tubular batteries, online uninterruptible power supply systems, offline UPS systems, solar management units and solar charge controllers, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Fujiyama Power Systems against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)37.5 against a typical 25.4: pricier than most peers (1st = cheapest).55th of 80
- Sales growth+125.5% against a typical +32% from a year earlier.8th of 69
- Profit growth−14.7% against a typical +15.9% from a year earlier.40th of 64
- Share price, 3 months+1.7% against a typical −11%.23rd of 74
- Size₹ 11,112.5 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).8th of 77
Latest announcements
Exchange filings and their impact on the company.
- Board approved up to Rs 1,200 crore QIP to meet minimum public shareholding plus a small ESOP allotment.
On October 15, 2026, Fujiyama Power Systems board approved raising up to Rs 1,200 crore via a Qualified Institutions Placement to meet minimum public shareholding norms, subject to shareholder and regulatory approvals. It also allotted 4,11,587 shares at Rs 398.39 each under ESOP 2023, raising paid-up capital to 30.73 crore shares. The QIP would significantly boost equity and liquidity but dilute existing shareholders by about 9-10% if fully placed.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 14 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 14 Aug 2026 | Reaffirmed | Crisil A/Watch Developing → Crisil A | — | CRISIL | ₹ 500 Cr. | |
| 18 May 2026 | Rating action | Crisil A/Watch Developing | — | CRISIL | ₹ 500 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 15 Oct 2026 | QIP | Board approved | ₹ 1,200 Cr. | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Fund Raising | To consider Fund Raising |
| 13 Aug 2026 | Financial Results | Fujiyama Power Systems Ltd has informed NSE that the meeting of the Board of Directors of the Company is scheduled to be held on 13/08/2026, inter alia, to consider and approve Unaudited Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report thereon. |
| 14 May 2026 | Financial Results | To consider and approve the Audited financial results for the quarter and financial year ended March 31, 2026 |
| 31 Jan 2026 | Financial Results | Fujiyama Power Systems Ltd has informed NSE that the meeting of the Board of Directors of the Company is scheduled on 31/01/2026 to consider and approve the financial results for the period ended December 31, 2025 |
| 8 Dec 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended September 30, 2025 |
| 3 Dec 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 329 | 339 | 480 | 597 | 568 | 588 | 901 | 1,346 |
| Expenses | 279 | 286 | 401 | 491 | 465 | 479 | 729 | 1,091 |
| Operating Profit | 50 | 52 | 79 | 106 | 103 | 110 | 171 | 255 |
| OPM % | 15% | 15% | 16% | 18% | 18% | 19% | 19% | 19% |
| Other Income | 2 | 0 | 7 | 0 | 2 | 0 | 3 | −141 |
| Interest | 6 | 8 | 9 | 9 | 12 | 12 | 10 | 11 |
| Depreciation | 4 | 5 | 6 | 7 | 8 | 9 | 21 | 25 |
| Profit before tax | 42 | 40 | 72 | 90 | 85 | 89 | 144 | 78 |
| Tax % | 25% | 26% | 29% | 25% | 26% | 25% | 26% | 26% |
| Net Profit | 32 | 30 | 51 | 68 | 63 | 67 | 106 | 58 |
| EPS in Rs | 12.99 | 1.07 | 1.83 | 2.41 | 2.25 | 2.2 | 3.47 | 1.88 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 46%
- 3 Years
- 59%
- TTM
- 95%
- 10 Years
- —
- 5 Years
- 73%
- 3 Years
- 132%
- TTM
- 131%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 33%
- 3 Years
- 37%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Fujiyama Power Systems | ₹ 375.00 | ₹ 11,112 Cr. | 37.5x | 8.9x | 36% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Pawan Kumar Garg
- Executive Chairman, Joint Managing Director
- Yogesh Dua
- Chief Executive Officer, Joint Managing Director, Executive Director
- Prashant Gupta
- Chief Financial Officer
- Rakesh Kumar
- Company Secretary, Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.