Borana Weaves Reports Q2 Revenue Of ₹138 Crore, Up From ₹95.5 Crore YoY

Market snapshot: Borana Weaves Limited reported its Q2 revenue from operations at ₹138 crore, reflecting a 44.5% year-on-year increase compared to ₹95.5 crore in Q2 FY26. The performance underscores strong operational momentum across its synthetic greige fabric manufacturing facilities.

Data Snapshot

• Q2 revenue from operations reached ₹138 crore compared to ₹95.5 crore in Q2 FY26, representing a 44.5% YoY growth.
• Board approved the installation of an additional 192 Water Jet Looms at Unit 4, targeting commercial production by March 2027.
• Operationalized 160 high-speed water jet looms at Unit 4B and commissioned a 3.545 MW rooftop solar project, operating 1,208 total water jet looms across 4 units.

What's Changed

• Q2 revenue expanded to ₹138 crore from ₹95.5 crore in Q2 FY26, adding ₹42.5 crore in top-line growth.
• Active loom capacity scaled to 1,208 operational water jet looms, with an additional 192 looms planned for installation by March 2027.

Key Takeaways

• Borana Weaves delivered a 44.5% YoY revenue surge to ₹138 crore for Q2.
• Expanded water jet loom capacity and higher operational efficiency contributed to revenue gains.
• Future volume capabilities will be supported by 192 additional water jet looms scheduled for completion in March 2027.

SAHI Perspective

Borana Weaves' revenue expansion demonstrates effective execution following recent manufacturing additions in Surat. By combining high-speed weaving technology with renewable solar power, the company is strengthening its operating leverage and maintaining revenue expansion in synthetic greige fabric markets.

Market Implications

Robust top-line expansion signals continuous demand for synthetic greige fabrics across domestic textile processing hubs. Ongoing capacity expansion initiatives provide revenue visibility into FY27 while rooftop solar integration aids in power cost management.

Trading Signals

Market Bias: Bullish

Top-line revenue expansion of 44.5% YoY to ₹138 crore in Q2 demonstrates strong operational throughput and volume momentum.

Overweight: Textiles & Synthetic Fabrics

Trigger Factors:

• Sustained asset utilization across 1,208 active water jet looms
• Timely commissioning of 192 additional looms by March 2027
• Raw material price stability in synthetic yarn

Time Horizon: Near-term (0-3 months)

Industry Context

India's synthetic greige fabric sector is seeing growing demand across apparel, home décor, and technical textile applications. Integrated fabric manufacturers with modern water jet looms and captive renewable power sources are well-positioned for margin stability and market share growth.

Key Risks to Watch

• Volatility in synthetic yarn raw material prices
• Potential execution delays in setting up 192 looms by March 2027
• Shifts in downstream textile processing demand and power tariffs

Recent Developments

On October 27, 2026, Borana Weaves announced board approval for installing 192 additional Water Jet Looms at Unit 4, targeting commercial production by March 2027. Earlier on March 25, 2026, the company commissioned a 3.545 MW rooftop solar project and fully operationalized 160 high-speed looms at Unit 4B.

Closing Insight

Borana Weaves' 44.5% YoY revenue jump to ₹138 crore highlights the direct output benefit of earlier loom installations, with further capacity additions setting the stage for sustained top-line growth.

High Performance Trading with SAHI.