Borosil Renewables Management Guidance Tracker

Two new furnaces are being built side-by-side, with first firing expected in December 2026 and stabilization within 3 months.

Two new furnaces of 300 TPD each are expected to be commissioned in Q4 FY27, increasing capacity by 60%.

Management expects similar quarterly revenue until new furnaces contribute, after which revenue will increase by 60%.

The new rooftop solar business aims for ₹75 crore revenue in its first year, with initial margins below 10%.

Once the 600 TPD expansion is fully operational, ROCE is expected to exceed 25%.

The expansion is fully funded; any future capex will be supported by internal cash flows.

The DGTR has recommended continuation of countervailing duty on solar glass from Malaysia; final notification expected before June 8, 2026.

Management expects to sustain EBITDA margins in the 30-33% range barring unforeseen circumstances.