Borana Weaves Q1 FY27 Revenue up 24.5% to ₹100.84 Cr, EBITDA surges 50.7%
Borana Weaves reported Q1 FY27 revenue of ₹100.84 crore, up 24.5% YoY. EBITDA grew 50.7% to ₹25.84 crore, and PAT increased 35.0% to ₹16.48 crore. The company is expanding its renewable portfolio to approximately 23.30 MW and targets commercial production for Unit 4 in December 2026.
The significant increase in revenue and profitability, coupled with strategic expansion plans and a focus on sustainability, is likely to have a substantial positive impact on investor confidence and the company's market position.
The company reported strong year-on-year growth in revenue, EBITDA, and PAT, along with an expanding EBITDA margin. The ongoing expansion projects and renewable energy initiatives further contribute to a positive outlook.
Borana Weaves Limited has announced its financial results for the first quarter of FY27, reporting a significant increase in revenue and profitability. The company's revenue from operations for the quarter ended June 30, 2026, stood at ₹100.84 crore, marking a 24.5% year-on-year growth. EBITDA surged by 50.7% to ₹25.84 crore, with the EBITDA margin expanding by 445 basis points to 25.63% compared to the previous year.
Profit After Tax (PAT) also saw a substantial rise of 35.0% to ₹16.48 crore, leading to an increase in basic and diluted Earnings Per Share (EPS) to ₹6.18, up 35.8% year-on-year. The company's integrated business model, comprising 92% greige fabric and 8% polyester textured yarn, coupled with its scaled manufacturing platform featuring 1,212 high-speed water-jet looms, contributed to this strong performance.
Borana Weaves also highlighted its ongoing commitment to sustainability, with a planned renewable portfolio of approximately 23.30 MW. This includes 3.55 MW of operational rooftop solar and a targeted 19.79 MW hybrid renewable-energy project (solar and wind) for commissioning during 2026. The company is also focused on its Unit 4 expansion, with targeted commercial production expected in December 2026, adding 192 water-jet looms and 3 texturizing machines.
For the full fiscal year 2026, Borana Weaves reported revenue of ₹388.59 crore, a 34% increase year-on-year. EBITDA for FY26 was ₹91.52 crore, up 45% YoY, and PAT stood at ₹64.61 crore, a 61% increase YoY. The company's balance sheet shows robust growth, with shareholders' funds increasing significantly to ₹281.58 crore as of March 31, 2026.
A plain-language summary of a public exchange filing by Borana Weaves Limited. Read the original for the full detail.