Borosil Renewables (NSE: BORORENEW) saw a notable growth of 5.8% over the past year. Recent earnings analysis reveals promising performance from this renewable energy company.
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Borosil Renewables experiences growth due to high demand for solar glass and the positive impact of anti-dumping duties, as reported by its chairman Pradeep Kheruka.
Borosil Renewables anticipates a significant 60% growth in capacity by FY28, with a modest 8% expansion this year as a prelude to major development. The company plans to add two new furnaces to boost capacity to 1,600 TPD. Despite cost challenges, Borosil aims to sustain a 30% EBITDA margin.
Borosil Renewables announces plans to expand its production capacity to 600 TPD by December 2026, with an investment of approximately INR 9.5 billion. This move aims to strengthen the company's position in the renewable energy sector.
Borosil Renewables projects a healthy EBITDA margin of 30-33% for the fiscal year, subject to no unexpected challenges. The newly launched Rooftop Solutions division aims to generate sales of ₹75 crore in its inaugural year, with zero capital expenditure required.
Borosil Renewables expects a steady growth rate in FY27, but this is expected to rise after the addition of new capacity comes into play.
Borosil Renewables anticipates an increase in revenue next fiscal year, thanks to the addition of a new furnace. The company expects a 21% tax rate on profit before taxes (PBT) due to deferred taxes and expansion costs.
Borosil Renewables reported a profit of ₹207 Crore in FY26 on revenue of ₹1534.8 Crore. The company has announced plans for a ₹750 Crore funding and the establishment of a new solar solutions division.
Borosil Renewables has released its Q4 results, with significant figures being emphasized. Keep an eye out for the details.
Borosil Renewables has announced plans to raise 750 crores INR, seeking shareholder approval at the Annual General Meeting scheduled for May 12, 2026.
Borosil Renewables reported a significant 19% year-on-year increase in Q4 revenue, hitting approximately 4.4 billion rupees, indicating strong growth in their renewable energy business.
CleanMax has completed a new wind-solar project in Gujarat totaling 185 MW, set to generate approximately ₹165 crore yearly by FY27. This project is expected to annually offset 361,000 tons of CO2 and supplies power to companies like Apar Industries and Borosil Renewables.
Executive Chair of Borosil Renewables provides insights into their business progress during an interview on ET Now, aired on April 7, 2026. The conversation can be found on YouTube, their official website, and communicated to stock exchanges as well.