Borosil Limited — Investor Meet, 22-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Borosil reported Q1 FY26 revenue of ₹232.7 Cr (+5.2% YoY), with operating EBITDA up 16.1% to ₹40.2 Cr (17.8% margins) and PAT surging 87.4% to ₹17.4 Cr. Larah Opalware and Glassware saw muted growth due to market softness and incentive restrictions, while Non-glassware grew 10.7% despite compliance issues. Net debt was ₹5.1 Cr.

Management affirmed a bullish 15-20% medium-term revenue CAGR and 20% EBITDA margin target, driven by product innovation and marketing efficiency. They highlighted strong long-term trends like rising incomes and a shift from plastics to eco-friendly options.

Operational updates include a new ₹40 Cr stainless steel flask facility (Q4 FY26 target) and a new ₹75 Cr 20 MW solar plant, boosting renewable power to 65% of consumption. Total FY26 CAPEX is projected at ₹125-130 Cr.

Management conveyed confidence in aggressive growth and improved margins, reassuring investors of their long-term vision despite short-term market headwinds.