Fujiyama FY26 Revenue Up 72% with DCR Expansion

Fujiyama Power Systems reported FY26 revenue of Rs 26,545 Mn, up 72.3% YoY, and EBITDA of Rs 4,903 Mn, up 97.3% YoY.
The company commissioned a 1 GW MonoPERC DCR solar cell facility and announced a 1.2 GW TopCon cell plant to target the PM Surya Ghar subsidy market.
Distribution network expanded to over 8,900 channel partners, with a focus on Tier 2 and 3 cities for residential rooftop solar solutions.
Power electronics and battery capacity commissioning faced delays, with inverter line expected by Q1FY27 and Li-ion batteries by Q2FY27.