Integrated Filing — IndAS



General information about company

Scrip Code 502219
NSE Symbol BORORENEW
MSEI Symbol NOTLISTED
ISIN INE666D01022
Name of company Borosil Renewables Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 16-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Manufacturer of flat glass
Start date and time of board meeting 16-07-2026   14:15:00
End date and time of board meeting 16-07-2026   15:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 40,569.07 40,569.07
Other income 1,398.86 1,398.86
Total income 41,967.93 41,967.93
2 Expenses
(a) Cost of materials consumed 9,106.83 9,106.83
(b) Purchases of stock-in-trade 184.01 184.01
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (913.15) (913.15)
(d) Employee benefit expense 2,551.20 2,551.20
(e) Finance costs 232.42 232.42
(f) Depreciation, depletion and amortisation expense 2,156.39 2,156.39
(f) Other Expenses
1 Power and Fuel 10,213.18 10,213.18
2 Other Expenses 6,709.41 6,709.41
Total other expenses 16,922.59 16,922.59
Total expenses 30,240.29 30,240.29
3 Total profit before exceptional items and tax 11,727.64 11,727.64
4 Exceptional items 0.00 0.00
5 Total profit before tax 11,727.64 11,727.64
6 Tax expense
7 Current tax 3,110.03 3,110.03
8 Deferred tax 15.26 15.26
9 Total tax expenses 3,125.29 3,125.29
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 8,602.35 8,602.35
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 61.69 61.69
16 Total profit (loss) for period 8,664.04 8,664.04
17 Other comprehensive income net of taxes (53.37) (53.37)
18 Total Comprehensive Income for the period 8,610.67 8,610.67
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 8,684.38 8,684.38
Total profit or loss, attributable to non-controlling interests (20.34) (20.34)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 8,631.01 8,631.01
Total comprehensive income for the period attributable to owners of parent non-controlling interests (20.34) (20.34)
21 Details of equity share capital
Paid-up equity share capital 1.00 1.00
Face value of equity share capital 1402.83 1402.83
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 6.19 6.19
Diluted earnings (loss) per share from continuing operations 6.19 6.19
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 6.19 6.19
Diluted earnings (loss) per share from continuing and discontinued operations 6.19 6.19
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The above results of the Company for the quarter ended 30th June, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 16th July, 2026. The Statutory Auditors of the Company have carried out a Limited Review of the above results. 2 In Earlier years, Company had allotted 18,86,793 Equity Shares to Promoter / Members of Promoter group and 78,80,436 Warrants to Non-Promoter Investors, at an issue price of Rs. 530/- per Equity Share / Warrant, on a preferential basis with aggregate issue size of Rs. 51,766.31 Lakhs. As per the terms of the issue, at the time of allotment, the Company had received full consideration towards equity shares and 25% of the amount toward warrants. During the quarter ended 30th June, 2026, the Company has received Rs. 374.99 Lakhs from the warrant holders, upon exercise of right attached to their warrants by paying balance 75% and accordingly 94,338 fully paid-up equity shares, of Re. 1/- each have been allotted. Pursuant to above allotment, the paid-up Equity Share Capital has increased by Rs. 0.94 Lakhs and Securities Premium by Rs. 499.05 Lakhs. The Company has overall raised the funds of Rs. 23,889.22 Lakhs under the aforesaid Preferential Issue and remaining amount would be received as and when the conversion option is exercised by the warrant holders to convert their warrants into Equity Shares during the remaining tenure of the warrants i.e. until 13th August, 2026. Out of the above proceeds, Rs. 18,500.00 Lakhs utilised towards satisfaction of the liability of the Company arising from Standby Letter of Credit (SBLC) extended on behalf of the Company as a security to the lenders of GMB Glasmanufaktur Brandenburg GmbH (‘GMB’), a step-down subsidiary of the Company and Rs. 5,014.23 Lakhs utilised towards capital expenditure for expansion of the Company’s production capacity, as on 30th June, 2026 and the remaining amount has been temporarily invested in mutual fund, pending utilisation. 3 In Earlier year, Company had allotted 69,43,691 equity shares at issue price of Rs. 535/- each to Non-Promoter Investors, under Preferential Issue, and raised funds of Rs. 37,148.75 Lakhs. Out of the above, Rs. 8,552.17 Lakhs utilised towards capital expenditure for expansion of the Company’s production capacity and General Corporate Purpose, as on 30th June, 2026 and the remaining amount has been temporarily invested in mutual funds, pending utilisation. 4 Exceptional items for the quarter ended 30th June, 2025 and year ended 31st March, 2026 represent, the impairment of German subsidiaries's (namely Geosphere Glassworks GmbH and GMB Glasmanufaktur Brandenburg GmbH) assets and recognition of additional liability consequent to insolvency proceedings, estimated by the Management, after giving impact of deconsolidation of above subsidiaries. 5 The figures for the corresponding previous periods/year have been rearranged/regrouped, wherever necessary, to make them comparable. The figures for the quarter ended 31st March, 2026 represent the balancing figures between the audited figures of the full financial year and the unaudited published figures of nine months ended 31st December, 2025. 6 The Group is mainly engaged in the business of manufacturing of Flat Glass which is a single segment in terms of Indian Accounting Standard ’Operating Segments (Ind AS-108)'. 7 Revenue from Operations consists of:- (Rs. in Lakhs) Particulars Quarter Ended Year Ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (a) Within India 39,140.34 42,529.89 29,763.59 1,42,153.55 (b) Outside India 1,428.73 1,462.24 4,894.11 13,429.95 Total 40,569.07 43,992.13 34,657.70 1,55,583.50



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains/(losses) on defined benefit plans (25.78) (25.78)
Total Amount of items that will not be reclassified to profit and loss (25.78)
2 Income tax relating to items that will not be reclassified to profit or loss (6.49) (6.49)
3 Amount of items that will be reclassified to profit and loss
1 Foreign Currency Translation Reserve (34.08) (34.08)
Total Amount of items that will be reclassified to profit and loss (34.08)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (53.37) (53.37)