Fujiyama Power Systems has announced the commencement of operations at its Dadri unit, marking a significant operational milestone for the company. The facility has officially started operations and is positioned to contribute to the company's revenue stream beginning this quarter.

Operational Milestone

The startup of the Dadri unit represents a key development in the company's operational expansion strategy. With operations now underway, the facility is expected to begin generating revenue contributions during the current quarter.

Revenue Generation Timeline

The company has indicated that the Dadri unit will begin contributing to revenue generation this quarter, following the successful commencement of operations. This timeline suggests that the facility has completed its commissioning phase and is now ready for commercial operations.

The operational startup of the Dadri unit demonstrates the company's progress in expanding its operational footprint and enhancing its revenue-generating capacity through strategic facility development.

Fujiyama Power Systems Limited has announced an investor presentation scheduled for February 26, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation will be made available on the company's website at utlsolarfujiyama.com.

Strong Financial Performance in Q3 FY26

The company demonstrated robust financial performance in Q3 FY26, showcasing significant growth across key metrics:

For the nine-month period ending FY26, the company achieved revenue from operations of Rs. 17,537 million compared to Rs. 10,603 million in the corresponding period of FY25, representing a 65.4% year-on-year growth.

Manufacturing Expansion and Solar Cell Plant Commissioning

Fujiyama Power Systems successfully commissioned its 1 GW solar cell manufacturing plant on January 21, 2026, with an investment of Rs. 300 crores. The project was funded through a combination of internal accruals and debt, and was completed within six months, faster than similar industry projects.

The company operates five manufacturing facilities across India with a total product capacity including 1,000 MW solar cells, 1,639 MW solar panels, 545 MWh lithium-ion batteries, 1,743 MW power electronics, and 1,318 MWh tubular batteries.

Market Position and Distribution Network

Fujiyama Power Systems has established itself as a comprehensive solar solutions provider with over 500 SKUs across solar products. The company maintains a robust distribution network comprising:

• 850+ distributors
• 1,100+ shoppe franchisees
• 6,300+ dealers
• Operations across 23 states
• Over 1 million end customers
• 650+ service engineers

The company has contributed over 2 GW of rooftop solar installations across India in the last 4.5 years, with B2C revenues accounting for 90%+ of total business.

Strategic Positioning in Growing Solar Market

With India's rooftop solar market projected to reach 100 GW by FY30 and the government's PM Surya Ghar scheme targeting 10 million household installations, Fujiyama Power Systems is well-positioned to capitalize on the expanding market opportunity. The company's DCR-compliant solar cell manufacturing capability aligns with government subsidy requirements under the PM Surya Ghar Yojana.

The investor presentation will provide detailed insights into the company's strategic initiatives, financial performance, and growth prospects in the rapidly expanding Indian solar energy sector.

Source: None/Company/INE12UR01024/80d4047c-e062-4fc2-b282-b6fc6ef88c9c.pdf