Show Cause Notice received from the Office of Noida Customs Commissionerate
As filed · Fujiyama Power Systems Limited has informed the Exchange about a Show Cause Notice received from the Office of Noida Customs Commissionerate
What happened
FactFujiyama Power Systems Limited has informed the Exchange about a Show Cause Notice received from the Office of Noida Customs Commissionerate. inform you that Fujryama Power Systems Limited (“The Company”) has received a show cause notice. 2026, at 18:49 hrs 1.e. after office working hours, at Company’s official e-mail ID.
Why it matters
CapitSignal interpretationRegulatory action carries direct monetary penalties and can restrict how the business operates until it is resolved.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
RevisedSo, 2-gigawatt Lithium-ion batteries we are already installing in our Ratlam plant and so you can say in other way we are already there in the residential BESS.
As part of our longer-term strategy to deepen manufacturing integration, the Company has recently commissioned a 1 GW solar cell manufacturing facility at Dadri, Uttar Pradesh, based on Mono PERC technology, with an investment of around Rs. 300 crore.
Change
FactImplication
CapitSignal interpretationGuidance
WithdrawnSir, on the revenue guidance side, we have upgraded our guidance which was initially 50% upside to 70% for this year.
The Company’s focus will remain on ramping up the newly commissioned capacities, expanding market reach and improving across operations.
Change
FactImplication
CapitSignal interpretationMargins
RevisedSee, sir, tubular battery is generally 10% of our revenue, and we believe that at company level the impact at the gross margin level will be below 0.5%.
EBITDA for the quarter more than doubled, with margins expanding to 18.7%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Quantum of penalty and whether it is appealed
- Any restriction placed on operations or licences
- Timeline given by the regulator
- Sir, on the revenue guidance side, we have upgraded our guidance which was initially 50% upside to 70% for thi (management committed by FY27)
- Furthermore, the 2,000 MW lithium-ion battery manufacturing capacity at Ratlam is also on track for commission (management committed by Q2 FY27)
Evidence
- Fujiyama Power Systems Limited has informed the Exchange about a Show Cause Notice received from the Office of Noida Customs Commissionerate(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · 9M FY26
- Earlier statement · Q1 FY26
- Latest statement · FY27
- Earlier statement · Q1 FY26
- Latest statement · 9M FY26
How CapitSignal classified this
- Reasoning:
- REGULATORY_ACTION base 78; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%