Borosil (BOROLTD) investor relations material

Executive summary

• Consolidated revenue for nine months FY26 reached INR 912 crores, up 9% year-over-year from INR 838 crores.

• PAT for nine months FY26 was INR 64.1 crores, up 2% from INR 63.1 crores last year.

• Over 60 years of brand legacy, leading in glass microwavables and opalware, with a strong presence in retail and exports.

• Focused on customer-centric innovation, expanding from glassware to a broad consumerware portfolio including appliances and storage.

• Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved by the Board on February 5, 2026.

Financial highlights

• Q3FY26 consolidated revenue from operations at ₹338.7 Cr, up 0.2% year-over-year.

• Operating EBITDA before investment income and one-time items was INR 145 crores, a 3.4% increase year-over-year.

• PAT for Q3FY26 at ₹24.0 Cr, down 32.5% year-over-year, reflecting absence of prior year’s one-time income.

• One-time items included a stamp duty reversal of INR 7.2 crores, professional fees of INR 1.8 crores, and a Labour Code expense of ₹404.82 lakhs.

• Depreciation increased by INR 5 crores; finance costs declined by INR 6 crores due to debt repayment.

Outlook and guidance

• Management targets a long-term pre-tax ROCE of 24% for new investments.

• Targeting 15–20% revenue CAGR in the medium term, with focus on premiumization, new product launches, and e-commerce acceleration.

• EBITDA margin expected to move to low 20s in the foreseeable future, driven by cost control and improved utilization.

• Ongoing investments in capacity expansion, especially in vacuum-insulated steel products, to drive future growth.

• The company continues to monitor regulatory changes, especially regarding the new Labour Codes, and will adjust accounting as needed.