• Capacity expansion timeline: Borosil Renewables' 600 TPD expansion has experienced a roughly 45-day delay due to on-site skilled labor shortages for building construction, with commissioning now expected by late January and full utilization by FY28.
• Capex and funding: The project cost increase was driven by a ~10% rise in import costs due to rupee depreciation, energy-saving tech additions, and future expansion infrastructure, all of which will be funded via internal accruals and Gujarat state policy subsidies without extra debt.
• Energy saving technology: A newly adopted furnace technology requires capex but is expected to reduce furnace energy costs by 15% to 17%, with plans to eventually deploy it across all group furnaces.
• Revenue growth targets: The company is targeting ₹4,000 crore in revenue over the next 3 to 4 years, driven by expansion in renewables as well as potential new specialty glass streams in semiconductors, power transmission, and displays.