Borana Weaves Ltd
Incorporated in 2020, Borana Weaves Limited is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat.[1]
- Market Cap ₹ 765 Cr.
- Current Price ₹ 287
- High / Low ₹ 323 / 210
- Stock P/E 15.0
- Book Value ₹ 92.3
- Dividend Yield 0.00 %
- ROCE 41.2 %
- ROE 60.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 69.3%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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 | TTM | |
|---|---|---|---|---|---|
| 42 | 135 | 199 | 290 | 334 | |
| 37 | 109 | 158 | 227 | 260 | |
| Operating Profit | 5 | 26 | 41 | 63 | 74 |
| OPM % | 12% | 19% | 21% | 22% | 22% |
| 0 | 0 | 1 | 4 | 6 | |
| Interest | 1 | 2 | 4 | 5 | 4 |
| Depreciation | 2 | 4 | 9 | 13 | 13 |
| Profit before tax | 2 | 20 | 28 | 49 | 62 |
| Tax % | 18% | 18% | 17% | 18% | |
| 2 | 16 | 24 | 40 | 51 | |
| EPS in Rs | 1,800.00 | 4,095.48 | 5,927.14 | 20.16 | 22.02 |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.04 | 0.04 | 20 | 27 |
| Reserves | 2 | 24 | 48 | 68 | 219 |
| 28 | 41 | 71 | 61 | 43 | |
| 2 | 10 | 19 | 8 | 22 | |
| Total Liabilities | 32 | 75 | 137 | 156 | 311 |
| 16 | 35 | 74 | 68 | 116 | |
| CWIP | 0 | 0 | 0 | 0 | 1 |
| Investments | 1 | 1 | 0 | 0 | 69 |
| 15 | 39 | 62 | 88 | 126 | |
| Total Assets | 32 | 75 | 137 | 156 | 311 |
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)-Investor Presentation
19 Nov - Investor Presentation for the quarter and half year ended September 30, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Borana Weaves Limited informed about copy of Newspaper Publication
- The Quarter And Half Year Ended September 30, 2025 14 Nov
-
Board Meeting Outcome for Approval Of Unaudited Standalone & Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2025
14 Nov - Board approved Sep-30 results; 3.7MW rooftop and 19.8MW hybrid projects; Unit 4B with 164 looms.
-
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.
Concalls
-
Nov 2025TranscriptNotesPPT
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.