Fujiyama Power Systems Limited · NSE:UTLSOLAR
Fujiyama Power Systems — Investor Presentation (February 2026)
27 slides from Fujiyama Power Systems's investor presentation, Feb 25, 2026
Slide 1: Regulation 30 intimation of Analysts/Investors Presentation
February 25, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Fort Bandra (E), Mumbai 400 051 Mumbai 400 001 Maharashtra, India Maharashtra
Slide 2: Investor Presentation February 2026
February 2026 (NSE: UTLSOLAR; BSE: 544613) Investor Presentation
Slide 3: Fujiyama Power Systems: Solarizing India
Fujiyama Power Systems: Solarizing India Design and Engineering Distribution Customer Innovation 4 Existing Facilities Solar Products– 500+ SKUs Distributors States 60 + Greater Noida 1 850 + 23 Uttar Pradesh R&D Engineers Dadri Solar PCU End Customers 500 + SKUs Uttar Pradesh Off-Grid Solar Charger
Slide 4: Proven Track Record of Being an Early Adopter of Innovative Technology
Proven Track Record of Being an Early Adopter of Innovative Technology 2000 2004 2024 2014 First Indian Co To Launched Combo Granted Patent for Launched Online Launch SMT Inverter UPS (Combo of UPS rMPPT Technology Solar PCU With Single Card and Inverters) 2002 2008 2021 2026 Launched Online Began L
Slide 5: Fujiyama Power Systems: Business Model Dynamics
Fujiyama Power Systems: Business Model Dynamics Fujiyama's growth has primarily been driven by the off-grid market, which remains subsidy-independent. While expanding into the on-grid, subsidy- driven segment with DCR solar cells, our strong off-grid foundation ensures sustainable growth regardless
Slide 6: Consumer 'One-stop Shop' For SPGS
Consumer ‘One-stop Shop’ For SPGS Solar Power Generation Systems (SPGS) Solar Panels Batteries (Lithium & Tubular) High Frequency Based Inverter Solar Chargers Tubular Battery On-Grid Systems Off-Grid Systems Hybrid Systems Hybrid Systems Power Backup Solutions Chargers Power Supply Solutions Online
Slide 7: World Class Engineering Platform
World Class Engineering Platform Manufacturing facilities in close proximity to attractive end customer markets Total Product Capacity Solar Cell Solar Panels Bawal Facility Capacity: 1,000 MW Capacity: 1,639 MW +2,000 MW Tubular Batteries Solar Panels Lithium-Ion Batteries Power Electronics Capacit
Slide 8: Advanced Manufacturing Equipment
Advanced Manufacturing Equipment Greater Noida, Dadri, Parwanoo & Bawal Sealant & glue auto filling machine - Robotic lay-up for solar panels Assembly line for solar inverters Solar Inverter Grid casting set-up for lead acid Laser marking machine – Solar inverter Li-ion Cell sorting batteries and E-
Slide 9: Commissioning of 1 GW Solar Cell Manufacturing Plant
Commissioning of 1 GW Solar Cell Manufacturing Plant Investment Capacity Rs. 300 crores 1 GW Commissioning of Dadri Cell Plant 1 GW Mono-PERC DCR solar cell line successfully commissioned on 21st January 2026 Funding Approach Project was funded through combination of internal accruals and debts Reco
Slide 10: Manufacturing Product Matrix
Manufacturing Product Matrix Greater Noida Dadri Bawal Parwanoo Capacity Ratlam Q4 FY26 Capacity 1,000 MW Solar Cell 1,639 MW 3,639 MW Solar Panels Solar Panels Solar Panels Solar Panels 2,000 MW 545 MWh 2,545 MWh Li-Ion Batteries Li-Ion Batteries 2,000 MWh 1,318 MWh 1,318 MWh Tubular Batteries 1,74
Slide 11: Fujiyama Power Systems - Key Investment Highlights
Fujiyama Power Systems - Key Investment Highlights Well-rounded Leader in Rooftop Solar Industry and a ‘One-stop Shop’ for Strong Track Record in Rooftop Solar Solar Products and Solutions Solar Panel Brand Recall and Reputation in the Solar Rooftop Industry 22+ Lakh units (900+ MW) Proven Track Rec
Slide 12: Backward Integration: Solar Inverter
Backward Integration: Solar Inverter The Company has undertaken backward integration in inverter manufacturing by developing in-house capabilities across key components such as sheet metal cabinet, heat sink fabrication, transformers and inductors, PCB mounting including Electronics Manufacturing Se
Slide 13: Backward Integration: Lithium Ion Battery
Backward Integration: Lithium Ion Battery The Company has backward integrated its Lithium-ion Battery operations by manufacturing key components in-house, like BMS (Battery Management System) cards including Electronics Manufacturing Services (EMS), Modbus communication boards, cabinets, busbars, di
Slide 14: Backward Integration: Lead Acid Battery
Backward Integration: Led Acid Battery In House Manufactured Components Inverter Full Backward integration starting from basic component like lead and acid for batteries and converting them in-house into semi- finished components such as battery plates, grids and internal assemblies for complete bat
Slide 15: Solar Power Industry Dynamics
Solar Power Industry Dynamics India’s power sector is projected to grow at a 9% CAGR from FY24-32 Installed Capacity – (GW) 900 610 442 475 382 399 416 371 FY20 FY21 FY22 FY23 FY24 FY25 FY27P FY32P India - rapidly advancing towards 300 GW solar capacity Long Term Drivers for Renewable Energy Growth
Slide 16: Rooftop Solar Industry Dynamics
Rooftop Solar Industry Dynamics India’s Rooftop solar market to reach 100 GW by FY30 Composition of India’s Rooftop Solar Market (FY25) Rooftop Solar Market Size –(GW) 90-100 By Type 10% On Grid 19% 40-50 Off Grid 17.0 4.4 6.6 11.9 Hybrid 1.8 2.5 71% FY19 FY20 FY21 FY22 FY24 FY25 FY27P FY30P Substan
Slide 17: Power Inverter Industry Dynamics
Power Inverter Industry Dynamics Industry Outlook The solar inverter and BMS markets in India continue to be import-dependent, Fujiyama’s Positioning with a significant portion of supplies sourced from China and other countries Fujiyama currently has a manufacturing capacity of more than 1.5 GW each
Slide 18: PM Surya Ghar Yojana: Structural Demand Driver for Residential Rooftop Solar
PM Surya Ghar Yojana: Structural Demand Driver for Residential Rooftop Solar PM Surya Ghar continues to scale residential solar adoption, With over 7.7 million installations still untapped, this represents close to ~28 GW of incremental opportunity. Scheme Details Execution Progress Government Push
Slide 19: Strong Brand Recall and Reputation in the Solar Rooftop Industry
Strong Brand Recall and Reputation in the Solar Rooftop Industry Won Various awards, accreditations and recognitions Brand Ambassador for Fujiyama Solar Renewable Energy Excellence Award - Solar Most Trusted brand of India – Battery Manufacturing Marksmen Daily (2025) India Chamber of Commerce (2025
Slide 20: From Engagement to Conversion: Driving Sales through Marketing & AI
From Engagement to Conversion: Driving Sales through Marketing & AI Smart Reference System - ‘UTL Credits’ End-to-End Lead Management On-Route Dealer Visits We gather Leads from multiple Channels AI-powered WhatsApp Telemarketing team messages nurture and engage follows up via calls leads from multi
Slide 21: On Going Expansion of Pan India Distribution Network
On Going Expansion of Pan India Distribution Network Strategic Growth Strategy Across States State Summary FY22 Market Position FY25 Market Position Status FY22 FY25 Covered 3 9 Growing 12 7 Engage more distributors and establish exclusive retail outlets particularly in Special Focus 6 Southern and
Slide 22: Board of Directors and Leadership Team
Board of Directors and Leadership Team Promoters and Directors Pawan Kumar Garg Yogesh Dua Sunil Kumar Chairman and Joint Managing Chief Executive Officer and Non-Executive Director Director Joint Managing Director Exp. in Developing Software Solutions: 23+ years Exp. in Industry: 28+ years Exp. in
Slide 23: Q3 FY2026 Performance Highlights
Q3 FY2026 Performance Highlights Rs. Million Revenue from Operations EBITDA and Margin (%) 73.8% 65.4% 110.1% 88.1% 17,537 3,188 10,603 1,695 5,679 5,885 1,030 1,099 3,386 523 15.5% 18.1% 18.7% 16.0% 18.2% Q3 FY25 Q2 FY26 Q3 FY26 9M FY25 9M FY26 Q3 FY25 Q2 FY26 Q3 FY26 9M FY25 9M FY26 EBIT and Margi
Slide 24: Annual Financial Performance
Annual Financial Performance INR Mn Revenue from Operations EBITDA and Margin (%) 17,537 15,407 3,188 2,485 9,247 6,641 986 516 7.8% 10.7% 16.1% 18.2% FY23 FY24 FY25 9MFY26 FY23 FY24 FY25 9MFY26 PAT and Margins (%) 1,978 1,563 453 244 3.7% 5.0% 10.2% 11.3% FY23 FY24 FY25 9MFY26 22
Slide 25: Q3 and 9M FY2026 Financial Performance Summary
Q3 and 9M FY2026 Financial Performance Summary Q3 Y-o-Y Q2 Q-o-Q 9M Y-o-Y (Rs. Mn) FY2026 FY2025 Growth(%) FY2026 Growth(%) FY2026 FY2025 Growth(%) Revenue from Operations 5,885 3,386 73.8% 5,679 3.6% 17,537 10,603 65.4% Other Income 4 2 19 27 21 Total Income 5,889 3,388 5,698 17,564 10,624 Cost of
Slide 26: CSR Initiatives
CSR Initiatives Trainee Skill development under NAPS CSR expenditure for the period was supported apprenticeship training under National Apprenticeship Promotion Scheme (NAPS), supporting practical skill-building for young trainees under the Apprentices Act, 1961. This reflects Fujiyama’s focus on e
Slide 27: Fujiyama Power Systems Ltd.
This presentation, provided by Fujiyama Power Systems Ltd., is intended for informational purposes only and is not an offer, invitation, or inducement to sell or issue securities. It is not intended to be a prospectus under any jurisdiction's laws. The information contained herein includes forward-l
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