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Borosil Renewables (BORORENEW) investor relations material
Borosil Renewables Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record standalone quarterly sales of INR 386.5 crores, up 40% year-over-year, with EBITDA of INR 129.04 crores, a 518% increase and 33.4% margin.
Consolidated net revenue for the quarter was INR 390.46 crores, with EBITDA of INR 130.94 crores, both higher than the previous quarter.
Net profit attributable to owners for the quarter was INR 100.10 crores, compared to a loss of INR 26.75 crores last year.
Overseas subsidiaries GMB Glasmanufaktur Brandenburg GmbH and Geosphere Glassworks GmbH filed for insolvency, leading to deconsolidation and exceptional items.
Expansion plans underway with two new furnaces to increase capacity by 600 TPD by December 2026.
Financial highlights
Standalone Q3 FY26 revenue rose 40.4% YoY to INR 386.5 crores; EBITDA up 517.7% YoY to INR 129.04 crores (33.4% margin).
Consolidated Q3 FY26 revenue up 8% YoY to INR 390.46 crores; EBITDA up 2520.2% YoY to INR 130.94 crores.
Standalone sales for nine months reached INR 1,097 crores, up 40% YoY, with EBITDA up 235%.
PAT and EPS improved sharply, with basic EPS at INR 7.20 versus a loss of INR 2.05 last year.
Exports accounted for 5.4% of turnover, but major export markets faced low demand.
Outlook and guidance
Revenue and margins expected to remain stable until new capacity comes online in Q4 FY 2027, after which a 60% increase is anticipated.
Solar glass demand expected to rise with India's solar installation target of 280 GW by 2030.
No major changes in revenue or margins expected in the near term; full production and sales utilization ongoing.
ROC targeted to be above 25% post-expansion.
Management monitoring impact of new Indian Labour Codes for future accounting adjustments.
- TimeTickerHeadlineOpen
- 5 FebENS
Adjusted EPS ex-45X up 50%, strong cash flow, and margin gains offset Motive Power softness. - 5 FebHSY
2025 sales rose but profits fell; 2026 targets margin and EPS recovery with strong growth. - 5 FebOMF
Net income, EPS, and receivables rose, with strong capital generation and stable credit metrics. - 5 FebLICI
Premiums and profits rose, with improved VNB margin and digital expansion driving growth. - 5 FebBYRN
Record revenue, margin gains, and new products set up strong growth for 2026. - 5 FebBSANTANDER
Net income up 23% YoY, ROE/ROAE 23.5%, efficiency 36%, with strong digital and fee growth. - 5 FebFMC
2025 losses deepen on price pressure and impairment; 2026 outlook remains cautious amid strategic review. - 5 FebCCK
Record adjusted EBITDA, strong free cash flow, and improved leverage highlight 2025 results. - 5 FebEG
2025 net income was $1.6B, with record investment income and robust capital returns. - 5 FebROK
Double-digit sales and EPS growth drive raised 2026 guidance and strong segment performance.
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