UT
Fujiyama Power Systems Ltd (UTLSOLAR)
₹365.20
Mkt cap
₹11,223 Cr
P/E ratio
26.80
P/B
8.78
Div yield
0.00%
ROE
36.60%
ROCE
35.10%
EPS (TTM)
₹13.63
Book value
₹42
52W range
172–494
Sector
Industrials
Price history
Previous close
Founded in 2017, Fujiyama Power Systems Limited manufactures products and provides solutions in the rooftop solar industry, including on-grid, off-grid, and hybrid solar systems. [1]
NSE UTLSOLARBSE 544613
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthHigh
TechnicalsNeutral
52-week range
−26.11% from high₹365
₹172+112.33% from low₹494
Current
₹365.20
Prev close
₹380.90
Day
−4.12%
Price performance
1D
−4.02%
1W
+0.98%
1M
−10.33%
3M
−0.40%
6M
+21.80%
1Y
—
YTD
+62.52%
Financials
Revenue, profit & margin
P/E ratio
26.8×
UTLSOLAR is 11% above the sector median of 24.2×
UTLSOLAR26.8×
Sector median24.2×
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1.14 | 1.07 | 1.83 | 2.41 | 2.25 | 2.20 | 3.47 | 1.88 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +3.40% · closed higher next day 1 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 13 Aug '26◦ |
| Earnings day | +3.40% |
| +1 day | +13.30% |
| +5 days | +16.47% |
| +15 days | +4.84% |
| +30 days | −0.21% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202686.63%Promoter
Promoters86.63%
FIIs1.14%0.49
DIIs5.38%0.60
Public6.87%1.11
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Waaree Energies | ₹2,304.00 | 16.99 | 66,275 | 0.17% | 754 | −14.70% | 7,518 | +23.94% | 38.45% |
| Apar Inds. | ₹15,678.00 | 46.86 | 65,652 | 0.38% | 447 | +77.72% | 6,931 | +21.27% | 31.81% |
| Premier Energies | ₹876.00 | 23.88 | 39,766 | 0.11% | 472 | +50.45% | 2,463 | +35.25% | 32.71% |
| MTAR Technologie | ₹6,838.00 | 109.40 | 21,033 | 0.00% | 60 | +1,307.76% | 407 | +200.00% | 15.15% |
| Diamond Power | ₹344.40 | 111.04 | 20,598 | 0.00% | 57 | +197.81% | 707 | +132.98% | 10.38% |
| Emmvee Photovol. | ₹229.00 | 11.18 | 15,855 | 0.44% | 382 | +60.62% | 1,576 | +39.38% | 44.62% |
| Avalon Tech | ₹2,050.30 | 102.64 | 13,713 | 0.00% | 35 | +145.39% | 484 | +49.83% | 19.29% |
| Fujiyama Power | ₹365.20 | 26.85 | 11,223 | 0.00% | 58 | +168.56% | 1,346 | +125.28% | 35.14% |
| Median: 60 Co. | ₹271.48 | 24.23 | 780 | 0.00% | 11 | +44.03% | 194 | +35.72% | 21.57% |
Filings
Annual reports1
Concall transcripts12
Credit ratings4
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Oct - Fujiyama Power Systems Limited has informed about copy of Newspaper Publication.General-Updates 21 Oct - Clarifies China export curbs won't affect 1.2 GW solar cell facility; commissioning still planned for Q1 FY27-28.Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 21 OctAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 15 Oct - Fujiyama Power Systems Limited has informed regarding allotment of 4,11,587 equity shares under Employee Stock Option Scheme 2023.Board Meeting Outcome for Outcome Of Board Meeting Regarding Fund Raising 15 Oct - Board approved QIP up to ₹1,200 crore and allotted 4,11,587 ESOP shares.






