Borosil's FY26 revenues surged by 8%, indicating a robust performance, largely due to strategic capacity expansion initiatives undertaken throughout the period.
Borosil Limited
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Borosil Limited has published its Q4 and FY2026 report, highlighting key financial results. Interested investors can access the detailed presentation on their website or stock exchanges, which also includes forward-looking statements.
Borosil has greenlit an investment of INR 42 crore for a new borosilicate glass manufacturing facility in Bharuch, with plans to launch it by the third quarter of FY2026-27. This expansion aims to boost their production capabilities.
Borosil Ltd has announced an internal succession for the position of CEO, effective from May 20, 2026. The current board structure remains unaltered following this appointment.
Borosil's Q4 profit decreased by 5% year-over-year, reaching ₹10.6 crore, while revenue grew by 5.2% to ₹284.1 crore. The company has received board approval for a ₹250 crore fundraising plan, yet the EBITDA margin narrowed to 10.6% from 13.8%.
Borosil and Bosch Home report a dip in profits, with Borosil's earnings before interest, taxes, depreciation, and amortization (EBITDA) falling by 18.7% and margins declining to 10.6%, compared to last year. Similarly, Bosch Home saw a 26% drop in EBITDA and a decrease in margins from 9.8% to 7%. Additionally, Ramky Forging's credit rating has been downgraded to IND AA-.
Borosil's Q4 earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped by nearly 19% compared to the same period last year, but the company managed to keep its profits stable.
Borosil's Q4 net profit saw a slight decrease to ₹106 million compared to last year, but revenue rose significantly to ₹2.84 billion.
Borosil's solar glass division gains momentum following the implementation of an anti-dumping duty, potentially enhancing the overall industry performance, according to recent reports.
Despite the ongoing LPG shortage, Borosil manages to maintain its production without disruptions, as reported by its chairman. However, the consumer division of the company is grappling with increasing costs and operational challenges.
Borosil Glass Operations have now returned to normal following the force majeure period. The company's borosilicate and opal glass furnaces are operating smoothly again, thanks to a stable supply of LPG from OMCS.
Borosil Ltd has successfully overcome LPG supply challenges stemming from the Middle East conflict by securing supplies from Oil Marketing Companies (OMCs). Production is now back to its regular capacity.
Shreevar Kheruka, a major shareholder in Borosil Limited, has increased his stake by purchasing an additional 85,443 shares on the open market, now controlling approximately 64.7% of the company's voting rights.