Borosil Renewables: Scaling India’s Solar Glass Backbone as Demand Outruns Supply

The presentation states current solar glass capacity is 1,000 tons per day, with planned capacity of 1,600 tons per day after adding 600 tons per day under expansion (SG-4 and SG-5).

The presentation states furnace firing is on schedule for December 2026, and the additional capacity is expected to be commissioned during Apr to Jun 2027.

The presentation states expected turnover at full-year run rate post expansion is about INR 2,500 crore.

The presentation estimates about 3 percentage points operating leverage in operating EBITDA margin with higher scale and efficiencies.

The presentation states domestic capacity is 2,600 tons per day versus FY26 demand of 11,000 tons per day, implying a supply gap of 8,400 tons per day.

The presentation describes an expansion into end-to-end rooftop solar solutions, offering solar panels, inverters and batteries with installation, commissioning and after-sales service through distributor or system integrator networks and direct customers.

The presentation states it developed patented antimony-free textured solar glass (NoSbEra), reports a 22 percent lower carbon footprint versus a default benchmark, and reports 93 percent renewable power usage in Q1 FY27 with a target of 75 percent or more on a sustained basis.