Fujiyama Power Systems Ltd (UTLSOLAR) — shareholding pattern, promoter holding, financials and share price
About Fujiyama Power Systems Ltd (UTLSOLAR)
Fujiyama Power Systems Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as UTLSOLAR and on the BSE under scrip code 544613. Its ISIN is INE12UR01024.
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]
Fujiyama Power Systems, under the trade name UTL SOLAR, specializes in manufacturing a wide range of solar energy products, including solar panels, PCs, inverters, and batteries. It boasts an expansive distribution network across India.
Recently, Fujiyama commissioned a 1 GW solar cell manufacturing plant aimed at reducing its dependence on imports and strengthening domestic production. This move is part of a broader strategy to integrate its manufacturing processes.
Listed peers in Other Electrical Equipment: Sedemac Mechatronics Ltd, Diamond Power Infrastructure Ltd, Avalon Technologies Ltd, Waaree Renewable Technologies Ltd, Genus Power Infrastructures Ltd, Vikram Solar Ltd.
Valuation & Returns
10 Jul 2026At ₹382.9 a share on 10 Jul 2026, Fujiyama Power Systems Ltd (UTLSOLAR) was valued at a price-to-earnings ratio of 38.64x against an industry P/E of 52.37x and a price-to-book of 29.61x on a book value of ₹12.93 per share as of Mar 2025. Solomo computes return on equity of 76.64% and return on capital employed of 57.05% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 38.64x
- Industry P/E
- 52.37x
- P/B
- 29.61x
- EPS (TTM)
- ₹9.91
- Book value / share
- ₹12.93
- ROE
- 76.64%
- ROCE
- 57.05%
- ROA
- 29.99%
- Debt / equity
- 0.99x
- Dividend yield
- 0%
- EBITDA margin
- 18.68%
- 52-week range
- ₹170.55 – ₹387.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2021In the year ended Mar 2021, Fujiyama Power Systems Ltd (UTLSOLAR) reported revenue of ₹405 crore, net profit of ₹20 crore and earnings per share of ₹14.48. That compares with revenue of ₹299 crore and net profit of ₹11 crore in Mar 2020. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹901 crore and net profit ₹106 crore (standalone).
| Metric | Mar 2020 | Mar 2021 |
|---|---|---|
| Revenue (₹ cr) | 299 | 405 |
| Net profit (₹ cr) | 11 | 20 |
| EPS (₹) | 7.74 | 14.48 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 38.76% | 44.86% | 35.26% |
| Profit growth | 70.95% | 76.27% | 87.12% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 86.63% of Fujiyama Power Systems Ltd (UTLSOLAR) (down 0.14 pp QoQ), foreign institutional investors (FII) hold 1.63% and domestic institutional investors (DII) hold 5.98%. Market capitalisation was ₹11,751 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2025.
Largest disclosed public shareholders in Jun 2026: Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund 2.11%, Vq Fastercap Fund Ii 1.21%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 86.63% | - | 1.63% | 5.98% | 13.37% |
| Mar 2026 | 86.77% | - | 1.93% | 5.6% | 13.23% |
| Dec 2025 | 86.77% | - | 2.5% | 4.72% | 13.23% |