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Earnings Call

Borosil Renewables Earnings Call: Key Takeaways

Borosil Renewables achieved record standalone revenue of ₹1,534.8cr in FY26, driven by anti-dumping duties and higher realizations. EBITDA margin jumped to 32% following government intervention on solar glass imports.

Why this was an Alfa AlertNot a filter event. Results were strong but no prior specific numeric guidance range was provided to verify a 5%+ material beat.
Highlights
Revenue growth38% YoY growth in FY26 standalone revenue.
MarginsEBITDA margins sustained at 30-33% levels expected going forward.
Demand visibilityStrong, driven by ALMM mandates and 65GW annual installation target.
Management confidenceHigh, citing robust domestic demand and government protectionist measures.

Growth

FY26 standalone revenue grew 38% YoY; EBITDA surged 172% to ₹491.68cr. Q4 revenue hit all-time high of ₹437.6cr.

Outlook

Expanding capacity by 600 TPD (60% increase) by Jan 2027; targeted ₹75cr revenue from new rooftop solar vertical.

Risks

High fuel/gas price volatility; West Asia conflict affecting logistics; potential price pressure from new Indonesian supply.

Source

Earnings Call filed with NSE, NSE: BORORENEW. Summary written with AI assistance from the document.

Read the document ↗

Borosil Renewables Ltd: key numbers

Share price
₹455.15
Market cap
₹6,699 Cr
Revenue (annual)
₹1,556 Cr
Net profit (annual)
₹129.1 Cr
P/E (TTM)
17.5×Sector 45.9×
Promoter holding
56.02%-2.75% QoQ
FII holding
5.62%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Borosil Renewables Ltd

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12:07 IST BSE
Capacity Expansion

Borosil Renewables Capacity Expansion: ₹1,100 Cr Investment

Borosil Renewables' board approved revised Rs.1100 Cr cost and March 2027 timeline for its 600 TPD expansion. Delay follows Middle East supply disruptions, funded via internal accruals.

Value
₹1,100 Cr
Execution
by end of March 2027
molten glass production capacity
1600 TPD
18:33 IST NSE
Other Announcement

Borosil Renewables Other Announcement

Borosil Renewables Limited informed the exchange regarding an interview of its Executive Chairman, Mr. Pradeep Kumar Kheruka, with CNBC Bajar concerning the company's general business update.