Borosil Renewables targets 32-33% EBITDA margin through expansion
pre-market1 source ↓written by the desknot a recommendation
- in FY26
- 32-33% EBITDA margin
Borosil Renewables aims to sustain a 32-33% EBITDA margin in FY26 and FY27, driven by capacity expansion. MD Shreevar Kheruka emphasized the necessity of such margins due to high capital intensity in glass production. The company specializes in solar glass manufacturing, positioning itself favorably in the growing renewable energy sector. ⚡
Immediate market implications may include increased investor confidence in Borosil's growth prospects.
Not investment advice. For informational purposes only.