Borosil Renewables Posts 402% EBITDA Surge

Borosil Renewables posted FY26 revenue of Rs 1,556 crore, EBITDA of Rs 466 crore, a 402% YoY increase, margin 29.9%.
The surge stemmed from anti‑dumping duties on Chinese/Vietnam solar glass, lifting ex‑factory prices to Rs 146.7/mm from Rs 113.4/mm.
Board approved two 300‑TPD furnaces, expanding capacity to 1,600 TPD (≈10.5 GW) with Rs 950 crore investment, commissioning by Dec 2026.
Funding secured via Rs 889 crore preferential allotments (Rs 517 crore Feb 2025, Rs 371 crore Oct 2025), with Rs 292 crore idle in money market.