BIS inspection on 10-15 SKUs
BIS department has questioned compliance on 10-15 SKUs out of 500. Management has filed replies and expects no material penalty, but worst-case penalty could equal seizure value.
medium · analyst_questionFujiyama Power Systems Limited — Q4 FY26
Fujiyama Power Systems delivered a stellar Q4 FY26 with revenue of ₹981 crore (+87.5% YoY) and EBITDA margin expanding to 19% (+250bps YoY), driven by strong volume growth (~70%...
bullish
high
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Fire incident at lead-acid battery facility
A fire at the 1.3 GW lead-acid battery facility temporarily suspended operations. Alternate third-party arrangements are in place, but margin impact is possible.
medium · management_commentaryExecution delays in battery line commissioning
Battery manufacturing line commissioning delayed to Q2 FY27 due to technology upgrades and geopolitical supply chain issues.
low · management_commentaryInventory buildup and working capital pressure
Net working capital days increased to 83 from 71, driven by higher raw material inventory to support expansion. Management expects normalization as new facilities ramp up.
low · data_observation