Borosil Limited — Q2FY27 earnings call summary

Filed 06 November 2026 · Official transcript

Capex INR 50 Cr for borosilicate glassware expansion at Jaipur; commissioning expected by Q4 FY28
H1 FY27 revenue grew 8.8% y-y to INR 627.4 Cr; EBITDA up 20.5% to INR 107.7 Cr
Price hikes and operational efficiencies improved gross margin by 390 bps to 65.2% in H1 FY27
Management confident of sustaining current growth and EBITDA margin levels going forward
Inventory elevated due to BIS compliance and capacity ramp-up; focus on market build to reduce inventory
Commissioned 35.8 MWp solar power plants meeting 60% power needs; phase 4 solar capex INR 27.6 Cr ongoing
DGTR recommended 5-year anti-dumping duty on Chinese borosilicate glassware; final govt notification awaited
Non-glassware segment grew 10.9% y-y; appliances and stainless steel cookware showed strong growth