Borana Weaves Ltd
Incorporated in 2020, Borana Weaves Limited is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat.[1]
- Market Cap ₹ 620 Cr.
- Current Price ₹ 233
- High / Low ₹ 268 / 210
- Stock P/E 14.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 41.2 %
- ROE 60.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 69.3%
Cons
- Company might be capitalizing the interest cost
- Working capital days have increased from 33.4 days to 60.8 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 42 | 135 | 199 | 290 | |
| 37 | 109 | 158 | 227 | |
| Operating Profit | 5 | 26 | 41 | 63 |
| OPM % | 12% | 19% | 21% | 22% |
| 0 | 0 | 1 | 4 | |
| Interest | 1 | 2 | 4 | 5 |
| Depreciation | 2 | 4 | 9 | 13 |
| Profit before tax | 2 | 20 | 28 | 49 |
| Tax % | 18% | 18% | 17% | 18% |
| 2 | 16 | 24 | 40 | |
| EPS in Rs | 1,800.00 | 4,095.48 | 5,927.14 | 20.16 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 90% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 183% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 69% |
| Last Year: | 60% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 0.04 | 0.04 | 20 |
| Reserves | 2 | 24 | 48 | 68 |
| 28 | 41 | 71 | 61 | |
| 2 | 10 | 19 | 8 | |
| Total Liabilities | 32 | 75 | 137 | 156 |
| 16 | 35 | 74 | 68 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 |
| 15 | 39 | 62 | 88 | |
| Total Assets | 32 | 75 | 137 | 156 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -8 | 7 | 22 | 23 | |
| -16 | -22 | -48 | -7 | |
| 25 | 15 | 26 | -15 | |
| Net Cash Flow | 0 | 0 | -0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 61 | 20 | 20 | 27 |
| Inventory Days | 45 | 86 | 71 | 52 |
| Days Payable | 4 | 21 | 40 | 8 |
| Cash Conversion Cycle | 102 | 85 | 51 | 72 |
| Working Capital Days | 24 | 16 | 24 | 61 |
| ROCE % | 47% | 36% | 41% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
5 Nov - Monitoring agency report: INR 7.90 Crore utilized from public issue for general corporate purposes; quarter ended Sep 30, 2025.
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Board Meeting Intimation for Approval Of Standalone Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2025
3 Nov - Board meeting Nov 14, 2025: approve Q2 results; 3.7MW rooftop, 19.8MW hybrid renewables, Unit 4B with 164 looms.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
30 Oct - Acuite monitoring report for half-year ended Mar 31, 2025 on public issue fund utilisation; no amount utilised.
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Intimation Of Death Of Smt. Mohini Devi Borana, Belonging To The Promoter Group Of The Company Under Regulations 30 And 31A Of The SEBI (LODR) Regulations, 2015 ("Listing Regulations")
28 Oct - Death of promoter-group member Mohini Devi Borana; held nil shares; will cease as promoter group member.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
14 Oct - Unit 4 commissioned with 48 looms (total 348); capacity 346 million meters; ₹71.35 crore capex.
Business Profile[1]
The company manufactures unbleached synthetic grey fabric, used for further processing like dyeing and printing across various segments such as fashion, traditional textiles, technical textiles, home décor, and interior design. It also produces polyester textured yarn, which is primarily used in-house for grey fabric manufacturing.