BORANA
Borana Weaves financials
- Market cap
- ₹837 Cr
- Sector
- Textiles
- Calls analysed
- 1
Borana Q3 FY26
What went well
- Q3 FY26 Revenue grew 42% YoY to ₹111.36 crores, driven by strong order books and healthy sales volumes.
- EBITDA for Q3 FY26 increased 51% YoY to ₹27.09 crores, with margins expanding to 24.32%.
- Profit after tax for Q3 FY26 rose 63% YoY to ₹18.55 crores, reflecting robust growth and profitability.
What Borana Weaves Limited does
Borana Weaves Limited manufactures unbleached synthetic greige fabric — the base material used for dyeing, printing and finishing into apparel, home textiles, industrial and technical fabrics — along with PTY yarn processed from POY. It operates four integrated manufacturing units in the Hojiwala Industrial Estate, Surat, covering the full process chain from POY to PTY, warping, sizing and weaving using high-speed water-jet loom technology.
Segments
- Greige Fabric
- PTY Yarn
- Manufacturing units
- 4 (Surat, Gujarat)
- High-speed water jet looms
- 1,208
- Total installed capacity
- 39,21,12,000 metres/year (~392 million m)
- Total manufacturing area
- 35,688.46 sq. m. across 4 units
- Texturizing machines
- 20
- Warping machines
- 7
Guidance record · Q3 FY26
what the last two calls moved 8 tracked 0 delivered 0 missed 8 open- Total Looms open said Q3 FY26 Promised: We already have started strategies for doubling our capacity in the next two years... up to 2,000 looms by March 2028. Q3 FY26: Target set for March 2028; 160 looms already added.
All 8 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 24.7%, net profit up 33.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 71 | 78 | 79 | 81 | 96 +35% | 111 +42% | 101 +28% | 101 +25% |
| EBITDA | 12 | 18 | 17 | 17 | 22 +83% | 27 +50% | 26 +53% | 26 +53% |
| Net profit | 8 | 11 | 11 | 12 | 17 +113% | 19 +73% | 17 +55% | 16 +33% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +42.7% 1Y
1Y: ₹219.56 on 10 Sept 2025 → ₹313.4. High ₹415.4 (25 Feb 2026), low ₹216.15 (29 Sept 2025).
How the price took the results
close before → close after
- Q3 FY26
- +5.0%
- 27 Jan
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 34.1% a year over 1 year, FY25 to FY26. Operating margin widened to 23.7%.
| Year ending | FY25 | FY26 |
|---|---|---|
| Revenue | ₹290 Cr | ₹389 Cr |
| Operating profit | ₹63 Cr | ₹92 Cr |
| Operating margin | 21.7% | 23.7% |
| Interest | ₹4 Cr | ₹4 Cr |
| Depreciation | ₹12 Cr | ₹18 Cr |
| Net profit | ₹40 Cr | ₹65 Cr |
| Net margin | 13.8% | 16.7% |
| Cash from operations | ₹23 Cr | ₹44 Cr |
| Free cash flow | ₹16 Cr | ₹-134 Cr |
| ROCE | 41.0% | 32.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹27 Cr | ₹27 Cr |
| Reserves | ₹2 Cr | ₹24 Cr | ₹48 Cr | ₹219 Cr | ₹255 Cr |
| Borrowings | ₹28 Cr | ₹41 Cr | ₹71 Cr | ₹43 Cr | ₹71 Cr |
| Other liabilities | ₹2 Cr | ₹10 Cr | ₹19 Cr | ₹22 Cr | ₹14 Cr |
| Total liabilities | ₹32 Cr | ₹75 Cr | ₹137 Cr | ₹311 Cr | ₹366 Cr |
| Fixed assets | ₹16 Cr | ₹35 Cr | ₹74 Cr | ₹116 Cr | ₹148 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹81 Cr |
| Investments | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹69 Cr | ₹1 Cr |
| Other assets | ₹15 Cr | ₹39 Cr | ₹62 Cr | ₹126 Cr | ₹136 Cr |
| Total assets | ₹32 Cr | ₹75 Cr | ₹137 Cr | ₹311 Cr | ₹366 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +6.10 pp while DIIs trimmed −4.20 pp. The shareholder count shrank 44% to 9,091.
- Promoters
- 65.2%
- FIIs
- 1.7%
- DIIs
- 2.8%
- Public
- 30.3%
Since Jun 2025
- Public +6.10 pp
- DIIs −4.20 pp
- FIIs −1.89 pp
How it drifted, 5 quarters
Over this window the public went from 24.2% to 30.3% — +6.1 pp.
Ownership split by quarter, oldest first. Jun '25: Promoters 65.2%, FIIs 3.5%, DIIs 7.0%, Public 24.2%.Sep '25: Promoters 65.2%, FIIs 2.6%, DIIs 3.7%, Public 28.5%.Dec '25: Promoters 65.2%, FIIs 4.0%, DIIs 3.7%, Public 27.0%.Mar '26: Promoters 65.2%, FIIs 2.6%, DIIs 2.6%, Public 29.5%.Jun '26: Promoters 65.2%, FIIs 1.7%, DIIs 2.8%, Public 30.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Borana Weaves Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Mangilal Ambalal Borana | 14.06% | unchanged |
| Rajkumar Mangilal Borana | 13.83% | unchanged |
| Dhwani Ankur Borana | 9.40% | unchanged |
| Rajkumar Mangilal Borana Huf | 8.56% | unchanged |
| Mangilal Ambalal Borana Huf | 8.37% | unchanged |
| Borana Filaments Pvt Ltd | 5.43% | unchanged |
| Ankur Mangilal Borana | 4.66% | unchanged |
| Nexus Equity Growth Fund - Nexus Equity Growth Fun Mutual fund | 1.66% | unchanged |
| Deven M Shah | 1.21% | unchanged |
| Snehil Hemant Borana | 1.09% | unchanged |
| Sonu Snehil Borana | 1.09% | unchanged |
| Purnima Ashwin Desai | 1.08% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Borana Weaves Limited
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