Borosil (BOROLTD) investor relations material

Executive summary

• Revenue from operations grew 8% year-over-year to INR 1,195.9 crore in FY26, despite supply chain challenges and temporary production disruptions due to the West Asia crisis and LPG supply issues.

• Operating EBITDA before exceptional and one-time income was INR 176.7 crore, nearly flat compared to INR 177.7 crore in FY25; EBITDA margin declined from 16.3% to 15.1%.

• Profit after tax rose marginally to INR 74.7 crore from INR 74.2 crore in FY25; Q4 PAT was INR 10.6 crore.

• Maintained a strong balance sheet with net debt at INR 49.7 crore as of March 31, 2026; market capitalization at INR 2,704 crore.

• Board approved major financing actions, including raising up to Rs. 250 crore, and confirmed key governance appointments.

Financial highlights

• Q4 FY26 operating revenue was INR 284.1 crore, up 5.2% year-over-year; EBITDA margin for the quarter was 11.5% (down from 14.2% in Q4 FY25); PAT for the quarter was INR 10.6 crore.

• Other operating income increased to INR 26 crore from INR 18.4 crore in FY25.

• Depreciation increased by INR 5.8 crore; finance costs declined by INR 6.2 crore due to debt repayment.

• Cash from operations was approximately INR 119 crore for FY26; net cash from operating activities (consolidated) was Rs. 11,883.25 lakhs.

• Exceptional item of Rs. 404.82 lakhs recognized due to one-time impact from new labour codes.

Outlook and guidance

• Management targets 15%-20% annual revenue growth and medium-term EBITDA margin of around 20%, leveraging premiumization and operational efficiencies.

• Short-term challenges are anticipated due to ongoing supply chain and cost pressures, but long-term growth plans remain intact.

• The company continues to monitor regulatory developments related to new Labour Codes and will adjust accounting as needed.