• Q4 Financial Performance: Borosil Renewables reported an 18% increase in consolidated revenue to 439 crore, EBITDA of 135 crore, and margins expanding to 30.8%, supported by robust domestic demand and anti-dumping duties on imported solar glass.
• Furnace Capacity Expansion: The company expects to increase daily production capacity by 60% from 1,000 tons to 1,600 tons through two new furnaces, with the second furnace expected to be lit by March and full financial impacts visible by the next fiscal year-end.
• Solar Rooftop Segment: The company entered the rooftop solar vertical to supply Borosil-branded solar modules and complete rooftop systems, establishing a conservative initial revenue target of 100 crore for the year.
• Specialized Glass Growth: Beyond domestic market supply and export markets, the company is seeing increased adoption for specialized glass in high-value greenhouses and building-integrated photovoltaics, including solar roofing tiles.