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Borosil Renewables faced operational headwinds from furnace maintenance and volatile gas prices, masking strong underlying solar demand.
Q2FY27 revenue ₹396.2 Cr (+4.7% YoY), EBITDA ₹116.3 Cr (-7.3%, 28.6% margin), PAT ₹70.1 Cr (+53.1%). Strategy centres on the 600 TPD capacity expansion to 1,600 TPD by March 2027.
Borosil Renewables is expanding solar glass capacity to 1,600 TPD to capture a large domestic supply gap, targeting ₹2,500 Cr turnover post-expansion.
Borosil Renewables Q1 FY27 standalone revenue jumped 53% YoY to INR 405.69 Cr. Strong EBITDA margins at 35% driven by increased selling prices and renewable energy cost savings.
Borosil Renewables reported Q1FY27 standalone revenue of ₹405.69 Cr (+22.1% YoY) with EBITDA margins at 35%. Growth is driven by higher selling prices and a new rooftop solar division.
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.
Borosil Renewables achieved record standalone revenue of ₹1,535 Cr (+38% YoY) in FY26, driven by higher selling prices and production efficiencies following anti-dumping duties on solar glass imports.