Borana Weaves Limited · NSE:BORANA
Borana Weaves — Q3 FY26 Earnings Presentation
35 slides from Borana Weaves's earnings presentation, Jan 24, 2026
Slide 1: Exchange filing cover letter
Date: January 24, 2026 To, To, Listing Compliance Department Listing Compliance Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Dalal Street Bandra East, Mumbai – 400051 Mumbai – 400001 Ref: Borana Weaves Limited NSE Sym
Slide 2: Borana Weaves Ltd. Investor Presentation – January 2026
Borana Weaves Ltd. Investor Presentation – January 2026
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”) have been prepared by Borana Weaves Limited (“Borana” or the “Company”) solely for information purposes and do not constitute an offer to sell or, recommendation or solicitation of an offer to subscribe for or purchase any
Slide 4: Table of contents
Table of contents Company Overview Business Overview 01 02 Industry Overview Financials Way Ahead 03 04 05
Slide 5: Company Overview
S BORANA Company Overview
Slide 6: About Us
About Us • Leading producer of unbleached synthetic greige fabric – key base for dyeing & printing across fashion, home decor, technical and traditional textiles • Established in 2020, headquartered in Surat • Production has commenced at Unit 4B with 64 High Speed Water Jet looms operational out of
Slide 7: Our Journey
Our Journey Textile trading Expanded to Entered denim Major expansion Listed on Stock business in 200 looms with industry (R&B with 700 high- Exchange and Surat jacquard Denims Ltd, 30M tech water jet Commencement mtr capacity) looms of Unit 4 for technical fabrics 1975–85 1983 1992 2005–12 2012–16
Slide 8: Experienced Leadership Team
Experienced Leadership Team Mangilal Ambalal Borana – Ankur Mangilal Borana – Rajkumar Mangilal Borana – Chairman & Managing Director Executive Director & CEO Executive Director & CFO (Multiple years of textile industry Also associated with R&B Denims, background in finance, director in experience).
Slide 9: Key Strengths
Key Strengths Experienced Promoters Resilient Production Advanced Water Jet Robust Growth With Execution Capacity with Loom Technology Momentum Capabilities backward integration Guided by Chairman & Advanced manufacturing, Ensures precision, uniform Fueling healthy P&L, MD Mangilal Ambalal and relia
Slide 10: SWOT Analysis: Unlocking Strategic Potential
SWOT Analysis: Unlocking Strategic Potential Strengths Weaknesses • Technological Advancements • No Global Presence • Diverse Product Portfolio • Dependence on Technological • Strong Market Reputation Upgrades • Vertical Integration • Higher Operating Costs Opportunities Threats • Growing Demand for
Slide 11: CSR & Sustainability
CSR & Sustainability Sustainability Initiatives • Eco-Friendly Manufacturing: Adoption of organic dyes •Partnership with Hojiwala Infra Ltd. for and energy-efficient equipment advanced water treatment •640 Mn liters water recycled annually • Recycling: Recycling millions of liters of water daily to
Slide 12: Business Overview
S BORANA Business Overview
Slide 13: Business Segments
Business Segments Two primary segments : PTY Yarn – High durability, versatile applications 9M FY26 revenue contribution 9% FY25 revenue contribution 12% Greige Fabric – Versatile base for dyeing, printing, technical & decor applications 9M FY26 revenue contribution 91% FY25 revenue contribution 87%
Slide 14: Product Portfolio
Product Portfolio Unbleached Synthetic Greige PTY Yarn - Processed from POY, Fabric – Core product, widely used durable and cost-effective. across fashion, decor & industrial use . Applications Apparel Home textiles Industrial RPU-coated & (shirts, trousers, (bed linen, (tents, waterproof waterproof
Slide 15: State of Art Manufacturing Capabilities
State of Art Manufacturing Capabilities Unit 1 Operates Four Manufacturing Units 3,180.46 sq. m. In Surat, Gujarat Equipped With Modern, Eco Friendly and Updated Textile Technologies Unit 2 Capabilities 7,224.00 sq. m. Specializes in texturizing, warping, water jet looms, and textile folding with fa
Slide 16: Manufacturing Overview
Manufacturing Overview Unit 1 Unit 3 Unit 1 Period (in Months) Utilization % 31-12-2025 09 76.62% 31-03-2025 12 95.69% 31-03-2024 12 98.87% 31-03-2023 12 96.06% 31-03-2022 07 72.46% Unit 3 Period (in Months) Utilization % 31-12-2025 09 82.94% 31-03-2025 12 83.93% Unit 4 31-03-2024 03 77.97% Proposed
Slide 17: Clientele
S BORANA Weaving Dreams GANGA TEX TRENDZ(P) LTD OSWAL INTERNATIONAL NIRANKARI TEXTILES SUDARSHAN SILK MILLS AMBAJI FABRICS ‘ VARUN TEXTILE SHRI HARI TEX
Slide 18: Industry Overview
S BORANA Industry Overview
Slide 19: Unlocking Growth in India's Polyester Yarn Industry
Unlocking Growth in India’s Polyester Yarn Industry Key Dimension Insights & Drivers Implications for Investment Market Size & Growth • India produces ~4.5–5 million tonnes of synthetic fibre annually; Strong growth in addressable market provides runway for capacity ~80% consumed domestically expans
Slide 20: Strong fundamentals and policy support aiding growth
Strong fundamentals and policy support aiding growth Growing demand Policy Support Increasing investment • Rising demand in • Growing domestic and • 100% FDI in textile sector exports foreign investments Resulting In • Increasing demand in • Government setting up • US$ 140 billion of foreign Invitin
Slide 21: Home textiles racing on favorable economic conditions
Home textiles racing on favorable economic conditions • Exports grew from US$ 5.3 billion in 2017 to US$ 8 billion in 2022, registering a 7.1% CAGR. • The industry is projected to expand at a CAGR of 8.9% (2023–2032), reaching US$ 23.3 billion by 2032 from US$ 10.8 billion in 2023. • India contribut
Slide 22: Financial Overview
S BORANA Financial Overview
Slide 23: Management Commentary
Management Commentary “Q3 FY26 delivered a strong operational and financial performance, with revenue from operations growing 42% YoY to ₹111.4 crore, driven by healthy utilization. Operating leverage was clearly visible, with EBITDA rising 51% YoY to ₹27.1 crore and margins expanding to 24.3%. Duri
Slide 24: Quarterly Highlights
Quarterly Highlights Revenue EBITDA & EBITDA Margin 35.0 30% PBT & PBT Margin 111.36 23% 27.09 27.0 95.50 30.0 20.45 21% 22.51 21% 25% 80.99 25.0 21.66 24% 20% 22.0 20.0 17.15 17.0 14.50 20% 15% 15.0 12.0 10.0 10% 7.0 18% 5% 5.0 2.0 0.0 0% Q1 FY26 Q2 FY26 Q3 FY26 Q1 FY26 Q2 FY26 Q3 FY26 -3.0 Q1 FY26
Slide 25: Quarterly Profit & Loss Statement
Quarterly Profit & Loss Statement Particulars Q3 FY26 Q3 FY25 Y-o-Y Q2 FY26 Q-o-Q Revenue from operations 111.36 78.40 42% 95.50 17% COGS 65.52 46.68 57.02 Gross Profit 45.84 31.73 44% 38.48 19% Gross Profit Margin % 41.17% 40.47% 40.30% Employee benefits expense 8.10 4.79 6.53 Other expenses 10.66
Slide 26: 9M FY26 Performance
9M FY26 Performance Revenue PBT & PBT Margin EBITDA & EBITDA Margin 30% 57.46 30% 287.86 65.90 60.0 70.0 22% 23% 25% 25% 20% 60.0 50.0 211.44 45.85 35.58 20% 50.0 20% 40.0 17% 40.0 15% 15% 30.0 30.0 10% 10% 20.0 20.0 5% 10.0 5% 10.0 0.0 0% 0.0 0% 9M FY25 9M FY26 9M FY25 9M FY26 9M FY25 9M FY26 PAT &
Slide 27: 9M FY26 Profit & Loss Statement
9M FY26 Profit & Loss Statement Particulars 9M FY26 9M FY25 Y-o-Y Revenue from operations 287.86 211.44 36% COGS 172.26 128.96 Gross Profit 115.60 82.48 40% Gross Profit Margin % 40.16% 39.01% Employee benefits expense 20.01 14.31 Other expenses 29.68 22.31 EBITDA (excl other income) 65.90 45.85 44%
Slide 28: Annual Highlights
Annual Highlights Revenue EBITDA & EBITDA Margin PAT & PAT Margin 350.0 100.0 290.31 22% 25% 21% 90.0 50.0 20% 19% 300.0 80.0 45.0 40.20 18% 63.18 20% 14% 250.0 40.0 16% 199.06 70.0 35.0 12% 12% 14% 60.0 200.0 15% 135.40 50.0 41.17 30.0 12% 150.0 40.0 25.0 23.59 10% 100.0 30.0 26.06 10% 20.0 16.30 8
Slide 29: Income Statement
Income Statement Particulars FY25 FY24 Y-o-Y Revenue from operations 290.31 199.06 46% COGS 177.74 122.48 Gross Profit 112.6 76.6 47% Gross Profit Margin % 38.8% 38.5% Employee benefits expense 19.15 17.91 Other expenses 30.24 17.50 EBITDA 63.18 41.17 53% EBITDA Margin % 21.76% 20.68% Depreciation &
Slide 30: Balance Sheet
Balance Sheet As on As on As on As on Equity & Liabilities Assets Mar-25 Sep-25 Mar-25 Sep-25 Shareholders Funds 87.55 245.82 Non Current Assets 77.80 202.64 Share Capital 19.94 26.65 Property Plant & Equipment 66.36 114.61 R&S 67.61 219.18 Capital work in progress 0.00 0.74 Non Current Liabilities
Slide 31: Ratios
Ratios Return on Equity (%) Return on Capital Employed (%) Current Ratio 34.93 31.83 67.61 27.42 2.62 49.45 45.87 1.20 1.32 2023 2024 2025 2023 2024 2025 2023 2024 2025 Debt Equity Ratio Stock Turnover Ratio 55 44 32 1.61 1.45 0.78 2023 2024 2025 2023 2024 2025
Slide 32: Way-Ahead
S BORANA Way-Ahead
Slide 33: Renewable Energy Integration and Capacity Expansion
Renewable Energy Integration Future OutlookExpansion with Capacity ~70–80% of our current power requirements are expected to be met through Renewable Energy sources. Project Timeline Rooftop Solar Power Plant Hybrid Renewable Energy Project* Rooftop Solar Power Project Solar–Wind Hybrid Power Projec
Slide 34: Future Outlook
Future Outlook Strengthen leadership 3.55 MW solar and 19.79 MW Expand into technical Medium-term vision: To Unit 4B operational in synthetic greige hybrid projects enabling textiles to capture Double Production with 64 Water Jet looms fabric segment sustainable growth premium global Capacity in nex
Slide 35: Thank You
Thank You COMPANY INVESTOR RELATIONS ADVISORS Borana Weaves Limited Adfactors Investor Relations Company Secretary: Seema Luniya Nishita Bhatt: nishita.bhatt@adfactorspr.com Website: www.boranagroup.in Vivek Sahu: vivek.sahu@adfactorspr.com