Document Context

Borana Weaves Limited submitted an investor presentation for the quarter ended June 30, 2026 (Q1 FY27) to BSE Limited and National Stock Exchange of India Limited. The document was digitally signed by Ankur Mangilal Borana, Executive Director and Chief Executive Officer (DIN: 01091164) on August 31, 2026.

Q1 FY27 Financial Performance

Revenue: ₹100.84 crore, up 24.5% YoY from ₹81.00 crore in Q1 FY26

Other Income: ₹0.86 crore, down 24.0% YoY from ₹1.13 crore

EBITDA: ₹25.84 crore, up 50.7% YoY from ₹17.15 crore

EBITDA Margin: 25.63%, increased by 445 basis points from 21.18%

Profit Before Tax: ₹19.97 crore, up 37.7% YoY from ₹14.50 crore

Profit After Tax: ₹16.48 crore, up 35.0% YoY from ₹12.20 crore

Three-Year Financial Track Record (FY24-FY26)

Revenue CAGR: 39.7% (FY24: ₹199.06 crore, FY25: ₹290.31 crore, FY26: Not explicitly stated but implied growth)

EBITDA CAGR: 49.1% (FY24: ₹41.17 crore, FY25: ₹63.18 crore)

PBT CAGR: 66.2% (FY24: ₹28.39 crore, FY25: ₹49.12 crore)

PAT CAGR: 65.5% (FY24: ₹23.59 crore, FY25: ₹40.20 crore)

EPS CAGR: 43.5% (FY24: ₹11.83, FY25: ₹20.14)

FY26 Audited Financial Highlights

EBITDA: ₹91.52 crore with 23.55% margin

PBT: ₹78.40 crore with 20.17% margin (before exceptional items: ₹78.43 crore)

Exceptional Items: (₹0.03) crore

Tax Expense: ₹13.79 crore

PAT: ₹64.61 crore with 16.63% margin

EPS: ₹24.35

Finance Cost: ₹3.49 crore

Other Income: ₹8.21 crore

Balance Sheet Position (as of March 31, 2026)

Shareholders' Funds: ₹281.58 crore (Mar-25: ₹87.55 crore)

  • Share Capital: ₹26.65 crore (Mar-25: ₹19.94 crore)
  • Reserves & Surplus: ₹254.93 crore (Mar-25: ₹67.61 crore)

Non-Current Liabilities: ₹56.66 crore (Mar-25: ₹38.62 crore)

  • Borrowings: ₹55.66 crore (Mar-25: ₹37.44 crore)
  • Lease Liabilities: ₹0.98 crore (Mar-25: ₹1.18 crore)
  • Deferred Tax Liabilities: ₹0.02 crore (Mar-25: ₹0.00 crore)

Current Liabilities: ₹28.13 crore (Mar-25: ₹29.78 crore)

  • Short-term Borrowings: ₹13.85 crore (Mar-25: ₹21.60 crore)
  • Trade Payables: ₹0.23 crore (Mar-25: ₹3.77 crore)
  • Other Financial Liabilities: ₹9.69 crore (Mar-25: ₹0.00 crore)

Non-Current Assets: ₹244.46 crore

  • Property, Plant & Equipment: ₹146.49 crore
  • Capital Work-in-Progress: ₹80.94 crore
  • Right-of-use Assets: ₹1.12 crore
  • Investments/Loans: ₹1.46 crore
  • Other Financial Assets: ₹14.46 crore

Current Assets: ₹121.91 crore

  • Inventories: ₹47.33 crore
  • Trade Receivables: ₹23.64 crore
  • Cash & Cash Equivalents: ₹1.68 crore

Business Operations and Expansion

Business Model: Integrated synthetic greige fabric manufacturing with 92% revenue from greige fabric and 8% from polyester textured yarn

Manufacturing Integration: In-house texturizing and warping for process control

End-use Applications: Apparel, home-textile, industrial and advanced-fabric applications

Expansion Program - Unit 4:

  • Targeted Commercial Production: December 2026
  • Capacity Addition: +192 Water-Jet Looms, +3 Texturizing Machines

Renewable Energy Portfolio:

  • Current Operational: 3.55 MW rooftop solar
  • Planned Addition: 19.79 MW hybrid project
  • Total Target: ≈23.30 MW renewable portfolio
  • Commissioning Target: During 2026 (subject to stabilisation, approvals, grid availability)

Management and Governance

Leadership Team:

  • Mangilal Ambalal Borana: Chairman & Managing Director (25+ years experience)
  • Ankur Mangilal Borana: Executive Director & CEO (25+ years experience)
  • Rajkumar Mangilal Borana: Executive Director & CFO

Market Context

India Textile Roadmap: Reference to NITI Aayog report targeting $100 billion textile exports by FY30, emphasizing MMF feedstock, scale upgrades, trade integration, and value-added textiles

Cash Flow Performance (FY2026)

Operating Cash Flow: Increased 63.3% YoY

Financing Inflows: Supported expansion-led investing outflows

Near-term Priorities

  • Commission renewable energy projects
  • Ramp up Unit 4 expansion
  • Advance product mix
  • Build export optionality