The document contains the transcript of an earnings conference call held on August 14, 2026, at 04:00 P.M. (IST) to discuss Fujiyama Power Systems Limited's financial performance for the quarter ended June 30, 2026 (Q1 FY 2026-27).
The call was hosted by Motilal Oswal Financial Services Limited, with management participants including Mr. Pawan Kumar Garg (Chairman and Joint Managing Director), Mr. Yogesh Dua (CEO and Joint Managing Director), and Mr. Prashant Gupta (CFO).
The stated purpose was to discuss Q1 FY27 financial results and provide business updates, including capacity expansion, distribution network growth, and strategic initiatives.
The meeting occurred after the earnings announcement, as it specifically discussed Q1 FY27 results that had already been reported.
The transcript noted that forward-looking statements were made based on beliefs and expectations as of the call date, with appropriate risk disclosures.
The company indicated that the transcript would be available on their website at https://www.utlsolarfujiyama.com/investor-relations/financials.
Financial highlights discussed included:
Revenue from operations: Rs. 13,457 million in Q1 FY27 vs. Rs. 5,973 million in Q1 FY26 (125.3% YoY growth)
EBITDA: Rs. 2,548 million in Q1 FY27 (140.6% YoY growth)
EBITDA margin: 18.9% in Q1 FY27 vs. 17.7% in Q1 FY26
Provisional exceptional loss due to fire incident: Rs. 1,436 million
Profit after tax: Rs. 578 million (4.3% margin)
Normalized PAT (excluding fire impact): Rs. 1,652 million (12.3% margin)
Strategic updates included:
Distribution network expanded to over 10,100 channel partners (added 80+ distributors, 1,000+ dealers, 30+ exclusive Shoppes)
Commissioned 2 GW solar panel manufacturing facility at Ratlam, increasing total panel capacity to 3.5 GW
Commissioned 2 GW power electronics manufacturing facility at Ratlam in August 2026, increasing total power electronics capacity to 4 GW
2 GW lithium-ion battery manufacturing capacity at Ratlam on track for Q2 FY27 commissioning
Increased stake in Zayo Energy Private Limited and Zayo Cable Private Limited from 19% to 50% each
Revised full-year revenue growth guidance from 50% to 70%
The company stated that no unpublished price sensitive information (UPSI) would be shared during the call.
Additional Notes Section
The document represents the official transcript of the earnings conference call submitted to BSE as a regulatory filing.
The transcript was edited for readability but does not purport to be a verbatim record of the proceedings.
Figures were rounded off for convenience and ease of reference.
The transcript contained extensive financial data and operational updates as presented during the earnings call.
The document included a comprehensive Q&A session with analysts covering guidance, margins, capacity utilization, market share, growth drivers, and regulatory environment.
