BOROSIL RENEWABLES LIMITED — PPTs, 12-05-2026: Investor Presentation

Borosil Renewables posted strong FY26 standalone performance: revenue hit ₹1535 Cr (+38% YoY), and operational EBITDA soared to ₹492 Cr (+172% YoY). Q4FY26 mirrored this, with revenue at ₹438 Cr (+34% YoY) and EBITDA at ₹145 Cr (+88% YoY). Growth was driven by better selling prices, higher sales volumes, and improved efficiencies.

The company is strategically expanding with two new 600 TPD furnaces (SG-4 & SG-5), a ₹950 Cr investment targeting Dec 2026 commissioning. This expansion, backed by a ₹889.15 Cr capital infusion, aims to capture India’s surging solar demand and bolster domestic manufacturing. Recent developments include ongoing work on these projects and innovation in advanced glass, like 2mm tempered solar glass, despite its German subsidiary facing insolvency.

Management is highly optimistic, citing India's ambitious 500 GW solar target by 2036 and projected 75 GW annual installations. Government policies promoting local production are building a robust domestic supply chain, positioning Borosil Renewables as a key beneficiary in India's solar boom.