Borana Weaves Ltd
Incorporated in 2020, Borana Weaves Limited is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat.[1]
- Market Cap ₹ 873 Cr.
- Current Price ₹ 328
- High / Low ₹ 420 / 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 is expected to give good quarter
- 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 | 367 | |
| 37 | 109 | 158 | 227 | 284 | |
| Operating Profit | 5 | 26 | 41 | 63 | 83 |
| OPM % | 12% | 19% | 21% | 22% | 23% |
| 0 | 0 | 1 | 4 | 7 | |
| Interest | 1 | 2 | 4 | 5 | 4 |
| Depreciation | 2 | 4 | 9 | 13 | 15 |
| Profit before tax | 2 | 20 | 28 | 49 | 71 |
| Tax % | 18% | 18% | 17% | 18% | |
| 2 | 16 | 24 | 40 | 58 | |
| EPS in Rs | 1,800.00 | 4,095.48 | 5,927.14 | 20.16 | 23.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 90% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 183% |
| TTM: | 47% |
| 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 |
| Free Cash Flow | -24 | -15 | -26 | 16 |
| CFO/OP | -159% | 41% | 55% | 36% |
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% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Average Capacity Utilization % |
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| Fabric Production Volume Meters |
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| Greige Fabric Revenue Contribution % |
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| Number of Permanent Employees Counts |
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| Number of Water Jet Looms (Installed/Active) Counts |
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| Total Installed Production Capacity Meters |
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Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Borana Weaves Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Closure of Trading Window 27 Mar
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 Mar - March 24, 2026: Commissioned 3.545 MW rooftop solar and fully operationalized 160 water-jet looms at Unit 4B.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
11 Feb - Q3 FY2025-26 monitoring report: IPO proceeds fully utilized; no deviations; minor ₹0.07 Cr reallocation.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2 Feb - Borana Weaves Limited submitted to the Exchange Transcript of Earnings Call Conference held on Tuesday, January 27, 2026.
Concalls
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Feb 2026Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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.