BOROLTD

- Q1 FY27 Consolidated Revenue increased 9% YoY to ₹253.6 Cr from ₹232.7 Cr in Q1 FY26. - Operating EBITDA declined 10.7% YoY to ₹35.9 Cr from ₹40.2 Cr, with EBITDA margin contracting to 14.6% from 17.8% YoY. - PAT decreased 26.3% YoY to ₹12.8 Cr from ₹17.4 Cr. - Profitability was impacted by ₹10 Cr due to input cost inflation (fuel, packaging) from the West Asia conflict and challenges in the Hydra category. - Commissioned BIS-compliant stainless steel flask manufacturing unit and a 20MW captive solar plant, now meeting 61% of energy needs. - Launched exclusive brand stores and progressing with glassware capacity expansion projects (Bharuch & Jaipur). - FY27 EBITDA margin guidance maintained at 18-20% (excluding other income), with expected solar savings of ₹27-28 Cr. - Aims for 20-24% ROCE in the medium term, up from 11-12% in FY26, driven by capacity utilization and margin improvement.

- **Q1 FY27 Performance:** Consolidated Revenue grew 9% YoY to ₹253.6 Cr, driven by volume-led growth in Glassware (▲16.8%) and Opalware (▲9.8%). However, Operating EBITDA declined 10.7% YoY to ₹35.9 Cr, and PAT fell 26.4% YoY to ₹12.8 Cr, leading to an EBITDA margin contraction of 320bps to 14.6%. - **Challenges:** Margin pressure primarily due to input cost inflation (fuel, packaging from West Asia conflict, approx. ₹10 Cr impact) and challenges in the Hydra category. Chinese dumping in borosilicate glassware remains an ongoing issue with an investigation underway. - **Strategic Initiatives & Business Updates:** Commissioned a BIS-compliant manufacturing unit for stainless steel products in Rajasthan (2 lines operational, 3rd by Q2 FY27). Commissioned a third 20MW captive solar plant in Bikaner, now meeting ~61% of energy requirements. Launched first exclusive Borosil brand outlets in Pune and Gurugram, with a Jaipur store planned. New Bharuch glassware manufacturing facility (₹42 Cr capex) expected by Q3 FY27. Expansion of borosilicate blast furnace (₹50 Cr capex) by Q4 FY28. - **Financial Outlook & Guidance (FY27):** Management aims to achieve 18%-20% EBITDA margins (excluding West Asia conflict impact), expecting recovery from Q2 onwards due to price hikes and falling gas prices. Total Capex for FY27 is estimated at ₹125-150 crores. Expect ₹27-28 crores in solar power savings at EBITDA level. Aspiration to reach 20%-24% ROCE in the medium term by enhancing capacity utilization and improving margins, addressing historical weakness (~10% ROCE).

- Audio recording of the Earnings Conference Call held on August 19, 2026, for the Unaudited Financial Results for the quarter ended June 30, 2026, is available on the company's website.

- Investor presentation for Q1FY27, covering performance for the quarter ended June 30, 2026. - Submitted to exchanges on August 19, 2026. - Highlights Borosil's 60+ year legacy, leadership in glass microwavable and opalware, and extensive retail presence across 26 countries.

- Concall Schedule - Concall Date: Wednesday, August 19, 2026 - Concall Time: 04:00 p.m. (IST)

- Q1 FY27 Standalone Revenue ₹256.56 Cr vs ₹232.69 Cr (▲10.3% YoY) - EBITDA ₹34.85 Cr vs ₹37.36 Cr (▼6.7% YoY) - PAT ₹13.60 Cr vs ₹17.47 Cr (▼22.2% YoY) - EBITDA Margin 13.58% vs 16.05% (▼247bps) - Mr. Bhaunik Shah resigned as Company Secretary & Compliance Officer (KMP) effective August 14, 2026, due to internal role re-alignment. He will continue to be employed by the Company. - Mr. Pradeep Joshi appointed as the new Company Secretary & Compliance Officer (KMP) effective August 15, 2026. - Mr. Parag Parekh appointed as Vice President - Internal Audit and Senior Managerial Personnel effective August 14, 2026.

- Q1 FY27 Standalone Revenue ₹256.56Cr vs ₹232.69Cr (▲10.26% YoY) - EBITDA ₹34.85Cr vs ₹37.35Cr (▼6.70% YoY) - PAT ₹13.60Cr vs ₹17.47Cr (▼22.14% YoY) - EBITDA Margin 13.58% vs 16.05% (▼247bps) - Mr. Bhaunik Shah resigned as Company Secretary & Compliance Officer (KMP) effective August 14, 2026, due to internal role re-alignment; he will remain employed by the company. - Mr. Pradeep Joshi was appointed as the new Company Secretary & Compliance Officer (KMP) effective August 15, 2026. - Mr. Parag Parekh was appointed as Vice President - Internal Audit (Senior Managerial Personnel) effective August 14, 2026.

- Q1 FY27 Standalone Revenue ₹256.56 Cr vs ₹232.69 Cr (▲10.26% YoY) - EBITDA ₹34.85 Cr vs ₹37.36 Cr (▼6.70% YoY) - PAT ₹13.60 Cr vs ₹17.47 Cr (▼22.14% YoY) - EBITDA Margin 13.58% vs 16.05% (▼247bps) - Mr. Bhaunik Shah resigned as Company Secretary & Compliance Officer (KMP) effective August 14, 2026, due to internal role re-alignment. He will continue to be employed by the Company. - Mr. Pradeep Joshi was appointed as the new Company Secretary & Compliance Officer (KMP) effective August 15, 2026. - Mr. Parag Parekh was appointed as Vice President - Internal Audit (Senior Managerial Personnel) effective August 14, 2026.

- Q1 FY27 Consolidated Revenue ₹253.59Cr vs ₹232.69Cr (▲9.0% YoY) - EBITDA ₹34.45Cr vs ₹37.34Cr (▼7.7% YoY) - PAT ₹12.80Cr vs ₹17.41Cr (▼26.5% YoY) - EBITDA Margin 13.6% vs 16.0% (▼240bps)

- Resignation of Mr. Manoj Kumar Singh, Vice President - Operations and Senior Management Personnel. - His resignation is effective from the close of business hours on July 31, 2026. - He resigned to pursue another professional opportunity.

- The Board of Directors, at its meeting on July 13, 2026, approved the appointment of four Senior Managerial Personnel (SMPs). - Mr. Ritesh Kumar appointed as Senior Vice President. - Mr. Manoj Tiwari appointed as Vice President – Operations (Appliances & Flasks). - Mr. Dev Rishi Bhatnagar appointed as Vice President & Cluster Head - Jaipur Operations. - Mr. Pradeep Joshi appointed as Associate Vice President – Secretarial. - All appointments are effective from July 13, 2026.

- Borosil's wholly-owned subsidiary, Stylenest India Limited, has commissioned its manufacturing unit in Rajasthan for stainless-steel flasks. - Commercial production from two double-wall lines commenced on June 30, 2026. - Commercial production from the third double-wall line is expected during Q2 FY 2026-27.

- Trading window for Designated Persons to close from July 01, 2026, ahead of the Unaudited Financial Results for the quarter ending June 30, 2026. It will reopen 48 hours after results declaration. Board meeting date will be intimated separately.

Borosil Limited faced a challenging FY26 with 8% revenue growth, flat operating EBITDA, and reduced margins (15.1% vs 16.3% in FY25), impacted by Hydra product supply issues and Q4 LPG restrictions. Management expects short-term challenges and muted growth in some categories for the next 1-2 quarters. Despite this, the company targets 15-20% YoY revenue growth and a 20% EBITDA margin in the medium term. FY27 Capex is projected at INR 110 crores for new manufacturing lines and expansions, with a solar plant expected to generate INR 28 crores in EBITDA savings for FY27. Net debt was INR 49.7 crores.

Borosil Limited announced the availability of the audio recording of its Earnings Conference Call held on May 22, 2026. The call discussed the audited financial results (Standalone & Consolidated) for the quarter and financial year ended March 31, 2026. The recording is accessible on the company's website as per Regulation 30 of SEBI (LODR) Regulations, 2015.

Borosil Limited announced leadership changes effective May 20, 2026. Mr. Shreevar Kheruka has been re-designated from Managing Director & Chief Executive Officer to Managing Director. Concurrently, Mr. Rituraj Sharma, previously President & Senior Management Personnel with over 20 years of experience within the company, has been appointed as the new Chief Executive Officer (KMP). There is no change in the Board composition.

Borosil Limited reported Standalone Revenue ₹285.98 Cr vs ₹270.18 Cr (▲5.85% YoY), EBITDA ₹30.41 Cr vs ₹37.15 Cr (▼18.14% YoY), PAT ₹11.14 Cr vs ₹11.15 Cr (▼0.09% YoY) for the quarter ended March 31, 2026. EBITDA Margin was 10.63% vs 13.75% (▼312bps). The Board also approved the re-appointment of statutory auditors, appointed Mr. Bhaunik Shah as Company Secretary and Compliance Officer, and recommended seeking shareholders' approval for raising funds up to ₹250 crores.

Borosil Limited reported Standalone Revenue of ₹285.98 Cr for the quarter ended March 31, 2026, compared to ₹270.18 Cr in the previous year's quarter (▲6% YoY). EBITDA stood at ₹30.41 Cr vs ₹37.15 Cr (▼18% YoY), while PAT was ₹11.14 Cr vs ₹11.15 Cr (▼0.1% YoY). The EBITDA Margin was 10.63% vs 13.75% (▼312bps). The Board also approved the re-appointment of Statutory Auditors, appointed Mr. Bhaunik Shah as Company Secretary and Compliance Officer, and will seek shareholders' approval for raising funds up to ₹250 Cr.

Borosil Limited reported Consolidated Revenue of ₹284.12 Cr vs ₹270.18 Cr (▲5.16% YoY), EBITDA of ₹30.21 Cr vs ₹37.15 Cr (▼18.70% YoY), and PAT of ₹10.59 Cr vs ₹11.14 Cr (▼4.98% YoY) for the quarter ended March 31, 2026. EBITDA Margin was 10.63% vs 13.75% (▼312bps). The company noted that production activities were temporarily impacted by LPG supply restrictions due to conflict in the Middle East, affecting operations and financial performance. The Board also approved the re-appointment of statutory auditors, appointment of Company Secretary, and seeking shareholder approval to raise funds up to ₹250 crores.