Solar stock hit 10% upper circuit with heavy volume because…
Kiran DSIJCategories: Mindshare, Trending
The company has a market cap of over Rs 6,500 crore and stock is up by 14 per cent from its 52-week low of Rs 192.10 per share.
On Sunday, shares of Fujiyama Power Systems Ltd hit a 10 per cent Upper Circuit to Rs 218.75 per share from its previous closing of Rs 198.90 per share. The stock has a 52-week high of Rs 231 per share and a 52-week low of Rs 192.10 per share. The company has a market cap of over Rs 6,500 crore and the stock is up by 14 per cent from its 52-week low of Rs 192.10 per share.
Fujiyama Power Systems Limited reported stellar growth for Q3 FY26, with Revenue from Operations surging 73.8 per cent year-on-year to Rs 5,885 million. This robust top-line performance was matched by significant margin expansion, as EBITDA more than doubled to Rs 1,099 million (18.7 per cent margin) and PAT jumped 124.3 per cent to Rs 673 million. These gains were driven by a favourable demand environment for residential rooftop Solar and by the company’s growing operational scale, particularly in Tier-2 and Tier-3 markets.
Strategically, the company hit a major milestone by commissioning a 1 GW Mono PERC solar cell manufacturing facility in Dadri, Uttar Pradesh, aimed at captive consumption and supply-chain resilience. This backward integration, supported by an investment of Rs 300 crore, reduces import Reliance and enhances cost control. Simultaneously, Fujiyama continues to widen its reach, adding over 480 new channel partners this quarter to bring its total network to 8,200+, while remaining on track to commission its 2 GW integrated facility in Ratlam by Q4 FY26.
Financial Performance Summary: Q3 FY26
|
Metric |
Q3 FY26 (Rs. Mn) |
YoY Growth (%) |
Margin (%) |
|
Revenue |
5,885 |
+73.8% |
- |
|
EBITDA |
1,099 |
+110.1% |
18.7% |
|
PAT |
673 |
+124.3% |
11.4% |
About Fujiyama Power Systems
Fujiyama Power Systems Limited is a premier Indian solar energy provider with nearly three decades of expertise and a diverse portfolio of over 500 SKUs, ranging from lithium batteries to advanced power electronics. The company utilises an integrated manufacturing model across multiple states, anchored by a massive 2 GW expansion in Ratlam and a commissioned 1 GW solar-cell capacity. Primarily B2C-focused, Fujiyama leverages a vast network of 8,200 channel partners to penetrate Tier-2 and Tier-3 markets, ensuring efficient installation and after-sales support. By combining backward integration with deep distribution, the firm is strategically poised to lead India’s rapidly growing rooftop solar sector.
Disclaimer: The article is for informational purposes only and not investment advice