Borana Weaves LimitedQ1 FY27 Results & Financial Update
Borana Weaves Limited: Q1 FY27 standalone results and company financials – revenue ₹100.84 Cr, PAT ₹16.48 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Borana Weaves price & chart
Quarter overview
Quarterly earnings analysis
Borana Weaves Limited reported robust standalone financial results for the first quarter of fiscal 2027, driven by sustained manufacturing momentum and operating leverage across its integrated production units.
Revenue from operations for the quarter ended June 30, 2026, reached INR 100.84 crore, reflecting continued top-line demand for synthetic greige fabrics and yarn products.
Total income for Q1 FY27 stood at INR 101.70 crore, supported by INR 0.86 crore of other income during the period.
Profitability expanded notably, with profit before tax (PBT) registering at INR 19.97 crore and profit after tax (PAT) closing at INR 16.48 crore, yielding a healthy net profit margin of 16.34% based on operating revenue.
Basic and diluted earnings per share (EPS) for the quarter stood at INR 6.18, reflecting strong bottom-line translation from operational scale.
Cost structures remained well-managed during the quarter, with cost of materials consumed at INR 56.23 crore, employee benefit expenses at INR 8.35 crore, and finance costs limited to INR 0.74 crore.
Depreciation and amortisation expenses stood at INR 5.99 crore, mirroring the expanded capital asset base and historical capacity additions.
To support future growth, the Board approved an expansion project at Unit 4 involving 192 additional water-jet looms and 3 texturizing machines, targeted for commercial production by December 2026.
01 · Business model
What does Borana Weaves do?
Borana Weaves Limited is an integrated synthetic textile manufacturer based in Surat, Gujarat, specializing in the production of high-quality synthetic greige fabric and polyester textured yarn.
The company's operational footprint spans from texturizing and warping to high-speed water-jet weaving and final inspection, enabling strict process control and consistent product quality across apparel, home-textile, and industrial applications.
Rooted in decades of textile trading and industrial evolution, the company operates an advanced equipment base centered in Surat, combining modern high-speed machinery with continuous investments in manufacturing scale and captive renewable energy.
02 · Historical context
What shaped the business before this quarter
The enterprise originated as a small textile trading business in Surat between 1975 and 1985.
Manufacturing operations commenced in 1983 with an initial setup of 24 conventional looms.
Between 2005 and 2012, the company scaled its technology base to reach 202 water-jet looms.
During 2020-23, Borana Weaves scaled Units 1 through 3, integrating 700 high-tech looms.
The company completed its public listing on NSE and BSE in 2025 alongside the initial ramp-up of Unit 4 for advanced fabrics.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹100.84 Cr |
| Total income | ₹101.70 Cr |
| Profit before tax | ₹19.97 Cr |
| Profit after tax | ₹16.48 Cr |
| EPS | ₹6.18 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 16.3% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 19.8% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.86 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Core synthetic greige fabric production remained the primary revenue engine, accounting for the vast majority of commercial output and serving apparel, home-textile, and industrial applications.
In-house texturizing operations supplied complementary revenue streams from polyester textured yarn (PTY) derived from POY conversion.
What drove margins
Higher capacity utilization across 1,212 high-speed water-jet looms and texturizing machines spread fixed operating overheads over a larger production volume.
In-house integration across texturizing, warping, weaving, and inspection enhanced process control, reduced material wastage, and supported stable realization margins.
05 · Demand, customers & order book
Where demand is coming from
The company's greige fabric supplies diverse downstream markets including apparel manufacturers, home-textile producers, and industrial fabric converters.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
In accordance with Ind AS 108, the company operates in a single primary business segment: textile manufacturing and trading.
Geography and market mix
Operations are anchored in Surat, Gujarat, leveraging regional textile infrastructure, local industrial ecosystems, and established domestic distribution channels.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
The active equipment base comprises 1,212 high-speed water-jet looms, 24 texturizing machines, 20 folding machines, and 9 warping machines.
08 · Strategy & new businesses
How the company is trying to change its growth mix
The company progressed its energy transition strategy, combining an operational 3.55 MW rooftop solar installation with a targeted 19.79 MW hybrid renewable-energy project (9.89 MW solar and 9.90 MW wind) planned for commissioning during 2026.
09 · Reported developments
What changed operationally
Q1 FY27 PAT stood at INR 16.48 crore with basic EPS of INR 6.18, reflecting solid profitability across operations.
10 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Capital allocation & funding
Expansion projects and capital outlays are funded through internal accruals, maintaining conservative leverage profiles.
11 · Beyond the numbers
What changed beyond the numbers
Auditor Re-appointment
The Board recommended the re-appointment of M/s. KSA & Co., Chartered Accountants, as statutory auditors for a term of five consecutive years from 2026-27 to 2030-31.
Secretarial Auditor Appointment
The Board recommended the appointment of M/s. K. Dalal & Co., Practicing Company Secretaries, as secretarial auditor for a five-year term covering 2026-27 to 2030-31.
12 · Previous-quarter changes
What changed since the previous quarter
Revenue from operations slightly moderated from INR 100.73 crore in Q4 FY26 to INR 100.84 crore in Q1 FY27, while PAT adjusted from INR 17.30 crore to INR 16.48 crore.
13 · Key Q&A
The quarter, answered directly
What does Borana Weaves do?
Borana Weaves Limited is an integrated synthetic textile manufacturer based in Surat, Gujarat, specializing in the production of high-quality synthetic greige fabric and polyester textured yarn.
What is the clearest takeaway from Q1 FY27?
Borana Weaves Limited reported robust standalone financial results for the first quarter of fiscal 2027, driven by sustained manufacturing momentum and operating leverage across its integrated production units.
What drove revenue or demand?
Core synthetic greige fabric production remained the primary revenue engine, accounting for the vast majority of commercial output and serving apparel, home-textile, and industrial applications.
What mattered most for margins or profitability?
Higher capacity utilization across 1,212 high-speed water-jet looms and texturizing machines spread fixed operating overheads over a larger production volume.
What changed operationally beyond the headline numbers?
The active equipment base comprises 1,212 high-speed water-jet looms, 24 texturizing machines, 20 folding machines, and 9 warping machines.
What should the next disclosure help confirm?
Track the commissioning progress of the 19.79 MW hybrid renewable-energy project during 2026.
14 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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15 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Renewable Energy Project: Track the commissioning progress of the 19.79 MW hybrid renewable-energy project during 2026.
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