BOROSIL LIMITED

Borosil Limited reported Q1 FY27 consolidated revenue of INR 253.6 crores, a 9% YoY growth, driven by volume-led growth in glassware and non-glassware segments. The company commissioned a new Hydra manufacturing unit in Rajasthan with two operational double-wall lines and expects a third line to start in Q2 FY27. Solar energy initiatives, including a 20-megawatt plant with battery storage, now meet 61% of energy needs. EBITDA for Q1 FY27 was INR 35.9 crores, down from INR 40.2 crores in Q1 FY26, with margins at 14.6% versus 17.8% due to input cost inflation from the West Asia conflict. The company faces margin pressures from fuel and packaging costs, partially offset by price hikes. Capex for FY27 is estimated at INR 125-150 crores, including glassware expansions and solar projects. Management guided toward 18-20% EBITDA margins for FY27, excluding West Asia impact, and aims to improve ROCE to 20-24% over the medium term through capacity utilization and cost efficiencies. The company also launched exclusive retail stores in Pune and Gurugram to enhance brand experience.

The document highlights both growth in revenue and new projects, but also acknowledges margin pressures and challenges from input cost inflation.