Borosil Ltd · NSE:BOROLTD
Borosil — Q1 FY27 Earnings Presentation
59 slides from Borosil's earnings presentation, Aug 19, 2026
Slide 1: Exchange filing cover letter
August 19, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block - G, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 543212 Symbol: BOROLTD Dear Sirs, Sub: Investor presentation Pursuant to Re
Slide 2: Borosil Limited Investor Presentation Q1FY27
Borosil Limited Investor Presentation Q1FY27
Slide 3: Safe Harbour
Safe Harbour THIS PRESENTATION (PRESENTATION) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF BOROSIL LIMITED (THE “COMPANY”) OR ITS SUBSIDIARY (TOGETHER WITH THE COMPANY, THE “GROUP”). The material that follows is a Presentation of general background information ab
Slide 4: About Borosil
About Borosil One of the leading brands in glass Brand with a Enjoys strong consumer microwavable 60+ year equity in serving-ware, & legacy kitchen appliance Largest Opalware and storage Player in India Borosil Limited | Q1FY27 Investor Presentation 3
Slide 5: Our Vision
Our Vision ‘To Be The Most Customer-Centric Company in India’ Develop innovative Be a dependable Nurture long-term products to meet partner that creates relationships with all evolving customer value for customers stakeholders needs Borosil Limited | Q1FY27 Investor Presentation 4
Slide 6: Company Timeline
Company Timeline 60+ Years Of Excellence, With Consistent Accomplishments • Added Opalware Capacity of 42 TPD • Commissioned captive solar power (Current Overall Capacity 84 TPD) project in Bikaner for 20 MWp • Demerger of Borosil Scientific Ltd Capacity with BESS - Phase III • Commissioned captive
Slide 7: Key Highlights
Key Highlights 24000+ 18000+ ~250 26 Presence in Countries Presence in Retail Outlets SKUs Distributors 2 1 2 Opal Glass Mfg Furnaces (84 TPD) Borosilicate Glass Mfg Furnace (25 TPD) Hydra Double Wall Line Facility • Part of Borosil Group: Part of the esteemed Borosil Group with a • Diverse Product
Slide 8: Re-Imagining Consumer Products
Re-Imagining Consumer Products PAST PRESENT GLASS PRODUCTS CONSUMER BRANDS COMPANY COMPANY OCCASIONAL USE DAILY USE (SERVING WARE, (MICROWAVABLE) STORAGE, APPLIANCES) SINGLE BRAND MULTI BRAND BOROSIL BOROSIL, LARAH GENERAL • General Trade • B2B • Modern Trade • CSD/CPC TRADE • E-Commerce • Exports •
Slide 9: Product Categories - Glassware
Product Categories - Glassware
Slide 10: Product Categories - Non Glassware
Product Categories - Non Glassware Non-Glassware: Appliances/Cookware/Gas Stoves/Hydra Flasks and Bottles
Slide 11: Product Categories - Opalware
Product Categories - Opalware Larah Opalware: Dinnersets/Tea & Coffee series/Storage containers
Slide 12: Journey over last 8 years
Journey over last 8 years (Rs. In CRS) Sales Operating EBITDA 1,171.1 176.7 248.9 22.5 FY2018 FY2026 FY2018 FY2026 Borosil Limited | Q1FY27 Investor Presentation 11
Slide 13: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit & Loss (Rs. In Cr) Q1FY27 Q1FY26 YoY FY26 Revenue From Operations 253.6 232.7 9.0% 1,195.9 Cost of Goods Sold 78.4 77.3 473.2 Gross Profit 175.2 155.3 12.8% 722.8 Gross Profit Margin % 69.1% 66.8% 60.4% Employee Cost 33.1 30.4 125.0 Other Expenses 107.7 87
Slide 14: Category wise Sales
Category wise Sales Particulars (₹ Crs) Q1FY26 Q1FY27 Growth % Glassware 56.2 65.6 16.8% Non-Glassware 94.2 98.1 4.2% Opalware 76.2 83.6 9.8% Total Consumerware 226.5 247.4 9.2% Particulars (₹ Crs) FY25 FY26 Growth % Glassware 252.0 295.5 17.3% Non-Glassware 452.9 463.7 2.4% Opalware 383.8 411.9 7.3
Slide 15: Consolidated Profit & Loss Statement
Consolidated Consolidated Profit Profit & & Loss Loss Statement Statement Profit & Loss (Rs. In Cr) FY26 FY25 FY24 FY23 Revenue From Operations 1,195.9 1,107.8 948.5 742.0 Cost of Goods Sold 473.2 406.5 380.0 343.1 Gross Profit 722.8 701.2 568.6 399.0 Gross Profit Margin % 60.4% 63.3% 59.9% 53.8% Em
Slide 16: Consolidated Cash Flow Statement
Consolidated Consolidated Cash Cash Flow Flow Statement Statement Particulars (Rs. In Cr) FY26 FY25 FY24 FY23 A Cash Flow from Operating Activities Profit Before Tax as per Statement of Profit and Loss 100.9 103.2 87.8 66.0 Adjustments for: Non - Cash Items / Other Investment or Financial Items 83.7
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. In Cr) FY26 FY25 FY24 FY23 Equity and Liabilities (Rs. In Cr) FY26 FY25 FY24 FY23 Non-current Assets Equity (a) Property, Plant and Equipment 530.2 580.8 545.3 352.0 (a) Equity Share Capital 12.0 12.0 11.5 11.4 (b) Capital work-in-progress 105.5 18.3 25.5 39.6
Slide 18: Borosil Limited | Q2FY26 Investor Presentation17
Borosil Limited | Q2FY26 Investor Presentation17
Slide 19: Market Opportunity
Market Opportunity Market Size Category Branded (₹ Crs.) Market Growth % Glass (Borosilicate) Includes Microwavable, Tumblers and ~415 10.5 % Storage Tumblers ~400 10 % (Soda lime) Cookware (Includes cooking range of pans, cookers, kadhais etc. made of steel, non-stick, cast ~7922 ~ 10 % iron, alumi
Slide 20: Channel Presence
Channel Presence Borosil Limited | Q1FY27 Investor Presentation 19
Slide 21: Why Borosil?
Why Borosil ? ✓ Category Leader : #1 in Opalware (Larah) ✓ Plastic-to-Glass Shift : Riding health & sustainability wave ✓ Brand Stickiness : Trust built over decades, strong ✓ Distribution Reach: Extensive distribution footprint recall. Trusted across generations spanning General Trade, Modern Trade
Slide 22: India's GDP & PFCE growth
India’s GDP & PFCE growth Per Capita GDP (₹) 2,27,065 2,12,979 1,88,862 2,00,654 “ With India’s per capita consumption on the rise, the demand for premium yet FY23 FY24 FY25 FRE FY26 SAE affordable kitchenware, storage, hydration, Per Capita PFCE (₹) and serveware is poised for rapid growth 1,18,602
Slide 23: Rising Disposable Incomes & Discretionary Spend
Rising Disposable Incomes & Discretionary Spend A Strong Tailwind for Borosil India's per capita income ($) • With GDP per capita expected to grow at 7.5% CAGR during FY2024– 2030, this strong upward trend in purchasing power creates a favourable environment for consumer-driven growth 4,000 • India'
Slide 24: Brown Goods Boom – Fueling Demand in the long run
Brown Goods Boom – Fueling Demand in the long run Brown Goods include microwave oven, kitchen appliances, home appliances, and personal care appliances Size of Brown Goods ($ Bn) • The brown goods market in India is expected to grow from $5 billion in FY24 to $9 billion by FY30, implying a CAGR of ~
Slide 25: Rise of Health-Conscious India
Rise of Health-Conscious India – Driving Demand for Steel, Glassware & Opalware “ Rising spend on nutrition, health and fitness directly correlates to awareness towards leading a healthy life • Health Awareness on the Rise • Indians have become more aware and have increased which would have effects
Slide 26: Make in India — Strengthening Domestic Manufacturing
Make in India — Strengthening Domestic Manufacturing for Scalable Growth Borosil is investing in future-ready capacity — built in India, for India and the world. • Established Leadership in Opalware & Borosilicate Glassware Manufacturing: • Operates 84 TPD Opalware Furnaces – among the largest in In
Slide 27: Make in India — Expanding Manufacturing
Make in India — Strengthening Domestic Manufacturing for Scalable Growth Borosil is investing in future-ready capacity — built in India, for India and the world. • Expanding Manufacturing • Setting up of a manufacturing unit with three double-wall lines for vacuum Planning for insulated stainless-st
Slide 28: Glassware Manufacturing at Bharuch
Glassware Manufacturing at Bharuch • Current sales of ~₹100 Cr through sourcing of Drinking Glasses, Glass Storage Jars, Jugs & Bottles from BSL’s Bharuch plant • Capacity Expansion to capitalized on strong demand oppotinuities in Glass Jars, Jugs & Bottles • Board approved new manufacturing facilit
Slide 29: Expansion of BG Furnace from 25 TPD to 32 TPD, Jaipur
Expansion of BG Furnace from 25 TPD to 32 TPD, Jaipur • Existing furnace capacity of 25 TPD with 2 forming lines at Jaipur • Furnace commissioned in Jan’24; rebuild scheduled in Jan’28 • Current capacity utilization at ~90% • Board approved expansion to 32 TPD with addition of a 3rd forming line • E
Slide 30: Mass Premium Products
Mass Premium Products Healthier, Stylish, Durable, Non-toxic Borosil glassware is a non-toxic, eco-friendly alternative to plastic. They are fully recyclable, reusable, and designed to preserve the original taste and quality of contents, making it a superior choice for a healthier and more sustainab
Slide 31: Storage, Cooking, and Serving Needs of a Modern Kitchen
Storage, Cooking, and Serving Needs of a Modern Kitchen Expanding from being synonymous with microwavable glass to storage, serving-ware, and domestic appliances STORE PREPARE COOK SERVE HEAT • Contemporary • Performs Beautifully • Everyday Use • Ally to the progressive homemakers Borosil Limited |
Slide 32: Ally Of the Progressive Homemaker
Ally Of the Progressive Homemaker Touching Consumer Life Everyday #Morning Preps, Chai, Breakfast, #Dinner Prep, #Lunch Husband, Evening Tea, Dinner Kids Serving # social meetings, hi tea, travel, Workout Borosil Limited | Q1FY27 Investor Presentation 31
Slide 33: Our Products are Highly Rated and Widely Loved
Our Products are Highly Rated and Widely Loved Borosil Limited | Q1FY27 Investor Presentation 32
Slide 34: Our Customer Love Us
BOROSIL se Our Customer Love Us abhishek9gj GSMS B -293ul iji Joji Gm B osu pears wth soma GMD B10 Very useful product The kitchen is where my family gathers every single day, but storage and © Fesolove to organise my kenen 6 yeseratpy space are our biggest struggle. Borosil has always been our trus
Slide 35: New Product Launch: Glassware
New Product Launch : Glassware
Slide 36: Introducing BOROSIL ION GLASS TECHNOLOGY
Introducing BOROSIL ION GLASS TECHNOLOGY Glassware Market Expansion by removing the fear of breakage • Launch of Aura Dinnerware backed up with ION-Glass technology • The glass is 1.5X stronger than any ordinary glassware • Scratch resistant and extreme temperature proof • Promoted the technology th
Slide 37: New Product Launch: Non-Glassware
New Product Launch : Non- Glassware 46 preencoded.png
Slide 38: New Product Launch: Larah Opalware
NEW PRODUCT LAUNCH : Larah Opalware
Slide 39: New Category Launch
New Category Launch 8 Larah Thermoware combines PU insulation, a food-grade stainless steel interior, and a lightweight outer shell to keep your drinks hot or cold on the go.
Slide 40: Borosil Exclusive Brand Store: A New Chapter
Borosil Exclusive Brand Store: A New Chapter in the Borosil Journey Objective: • The Borosil brand stores were launched as physical touchpoints to communicate the core brand positioning-”thoughtfully designed solutions that make everyday living simpler, healthier, and more beautiful” • Offers the wo
Slide 41: Key Brand Partners
Key Brand Partners Borosil Limited | Q1FY27 Investor Presentation 40
Slide 42: Key Institutional Partners
Key Institutional Partners Borosil Limited | Q1FY27 Investor Presentation 41
Slide 43: Consumer Products Business Growth Theme
Consumer Products Business Growth Theme Made In New Product Leverage Brand Borosil Everyday Usage India Development Enhance/ build Our focus on Borosil is one of To make manufacturing innovation and the leading glassware capacity for customer needs brands in India. affordable for Opal Glass and is t
Slide 44: Product Portfolio
Product Portfolio Growth Pillars Larah-Opalware Core Microwavable Storage products: dinnerware: Domestic appliances Products Kitchen & on the go Mass market/daily use Bring more users into Upgrade consumers from Convert from plastics Expand range category Melamine etc.. Maintain market share Partici
Slide 45: India shifts from Plastic to Glass
India shifts from PLASTIC TO GLASS Consumers are actively moving away from plastic lunch boxes towards glass, driven by health and environment friendliness. HEALTH & SAFETY IS THE PRIMARY DEMAND TRIGGER 65–70% OF URBAN INDIAN CONSUMERS actively Indian FOOD STORAGE & LUNCHBOX MARKET avoid heating foo
Slide 46: Glass is Good
“GLASS IS GOOD” 100% FOOD SAFE Inert, non-toxic material No BPA | No chemical LEAK-PROOF & AIRTIGHT leaching Secure lids for gravies & Safe for hot, oily & acidic food liquids Zero spillage in bags MICROWAVE & HEAT SAFE Expands usage occasions Direct reheating without transfer No degradation over re
Slide 47: Brand Transformation
Brand Transformation: We enhance everyday for every Indian family Customers perceived “Borosil” as "mom's brand"—functional but not an experience brand. Brand carried the asset of trust based on product performance , wanted to add aesthetics along with performance Consistent Colors /Creative Imagery
Slide 48: Kitchen Connection
Kitchen Connection Based on the consumer insights, developed a property called kitchen connection, that that brings celebrity kitchen revamps alive. It builds resonance and relatability by showcasing Borosil product range in real celebrity kitchens through authentic storytelling. TARGET AUDIENCE Sup
Slide 49: Larah Opalware
Larah Opalware Category Gaining Salience One of the leading player in Adoption being led by ~INR 1500 cr category • Urbanization and nuclearization of families • Gaining share in growing market • Increase in entertaining guests at home • Changing lifestyles leading to aspirational preferences Focus
Slide 50: Larah's Remarkable Growth Story
Larah's Remarkable Growth Story Larah increased its market share significantly, post its acquisition in 2016 Acquisition and Transformation: • Larah was acquired by Borosil in 2016. Larah - Sales • Strategic steps were taken to revamp operations and market positioning. (INR Crs) 450 Innovation and M
Slide 51: Non-Glassware the Rising Star
Non-Glassware the Rising Star Non-Glassware category has significantly grown over the years Non-Glassware - Sales Growth in Non-Glassware were majorly driven by: (INR Crs) 500 464 • Emphasis On Research And Product Development 450 • Leveraging Our Brand Value 400 • Effective Marketing And Branding S
Slide 52: Medium-Term Thrust Areas
Medium-Term Thrust Areas Achieve revenue CAGR of ~ 15%-20% Become brand of consumer choice - Increase penetration of glass storage and Opalware - Maintain investments in brand building - Introduce high-quality & innovative To-Go storage - Introduce new and improved range of products products - Bench
Slide 53: Domestic Appliances
Domestic Appliances New Engine of Growth - Opportunity to create a high quality mass premium range leveraging the Borosil brand - Commenced without investments in manufacturing assets - Expanding range of product offerings - Increase Made in India’s portfolio and reduced dependence on China supply c
Slide 54: Storage Range
Storage Range Thoughtful Products Creating A New Pillar of Growth Indian kitchen storage dominated by plastic and steel - Very low penetration of glass storage Awareness of glass as a preferred storage option is rising - No health hazard as compared to plastic - Transparent as against opaque steel &
Slide 55: Our understanding of ESG
Our understanding of ESG ESG for us is about how we create profits. It is outcome-driven and not just good intentions. Borosil Limited | Q1FY27 Investor Presentation 54
Slide 56: Borosil 2.0: Leading a responsible tomorrow
Borosil 2.0: Leading a responsible tomorrow Borosil Limited is on a transformational journey to address key ESG opportunities and create long term value for our customers. Our strategic ESG priorities Our Actions - ESG targets disclosures & Dashboard to track the emissions - Aim to achieve Carbon ne
Slide 57: Equity Information
Equity Information No. of Shares issued of ₹1 each, as at 30th June 2026: 11,95,87,629 Shareholding % as on 30th June 2026 Public & Others 1369812D:IN BOROLTD 28.77% Bloomberg NSE Ticker Ticker Promoter & DIIs 6.20% Promoter Group 64.68% 543212 ~₹2789 crs BSE Ticker Market CAP FIIs Market Cap (NSE)
Slide 58: Board Of Directors
Board Of Directors Mr. Shreevar Kheruka Mr. Rajesh Kumar Chaudhary Mr. Kewal Handa Vice Chairman, Managing Whole-Time Director Independent Director Director Mr. Pradeep Kumar Kheruka Chairman Mr. Kanwar Bir Singh Anand Ms. Anupa Sahney Mr. Adarsh Menon Independent Director Independent Director Indep
Slide 59: Thank You
Thank You Anand Sultania (Chief Financial Officer) anand.sultania@borosil.com Corporate Address 1101, Crescenzo, G - Block, Opposite MCA Club, Bandra Kurla Complex, Dhaval Patel Bandra (East), Mumbai - 400 051, India. (Head - Investor Relations) www.borosil.com Dhaval.patel@borosil.com www.myborosil