Fujiyama Power Systems Q4 FY26 Revenue Up 87.5%

Fujiyama Power Systems reported Q4 FY26 revenue of ₹9,008 million, up 87.5% YoY, with PAT margins improving to 11.8%.
The company commissioned a 2,000 MW solar panel facility in Ratlam and plans a 1,200 MW TOPCon cell line with ₹350 crore capex.
A fire incident at the Bawal lead-acid battery facility (1.3 GW capacity) caused temporary suspension, with operations shifted to third-party partners.
Management provided FY27 revenue growth guidance of 50% and aims to maintain PAT margins between 11% and 13%.