Q2 2026 Borosil Ltd Earnings Call Transcript
Key Points
- Borosil Ltd (BOM:543212) reported a 14.7% year-on-year growth in consolidated revenues for H1 FY26, reaching INR573 crores.
- The company achieved a 45% year-over-year growth in PAT, increasing from INR27.6 crores in H1 FY25 to INR40.1 crores in H1 FY26.
- The glassware segment saw an impressive year-over-year growth of 27.4%, with revenues rising to INR148.6 crores.
- Borosil Ltd's non-glassware segment posted a 12.4% increase in revenue, reaching INR216.6 crores in H1 FY26.
- The company is expanding its manufacturing capabilities with a new facility in Rajasthan, enhancing its compliance and reducing import dependency.
- Operating EBITDA margin slightly decreased to 16.1% from 16.8% in the previous year.
- BIS compliance requirements negatively impacted Hydra bottle sales, affecting revenue in certain channels.
- The non-glassware segment faced margin pressure due to the transition from overseas to Indian vendors.
- There is uncertainty in achieving the 15-20% growth guidance for FY26 due to supply chain challenges.
- The company anticipates short-term impacts on revenue due to inventory and supply chain adjustments in the Hydra category.
Ladies and gentlemen, good day and welcome to Borosil Q2 FY26 earnings conference call hosted by ICICI Securities. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Manan Goyal from ICICI Securities. Thank you and over to you, sir.
Thank you, Nitesh. On behalf of ICICI Securities, we welcome you all to Q2 FY26 results conference call of Borosil Limited. We have with us today senior management, represented by Mr. Shreevar Kheruka, Managing Director and CEO; Rajesh Kumar Chaudhary, Whole Time Director; Mr. Anand Sultania, CFO; Mr. Rituraj Sharma, President, Consumer Products; and Mr. Balesh Talapady, Vice President, Investor Relations.
Now, I hand over the call to the management for initial comments on the quarterly performance. Then, we will open the floor for Q&A session. Thank you and over to you, Shreevar, sir.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
