Borosil Renewables posts 26.55% operating margin in Q2FY27
The consolidated result was filed after market close, with operating margin 14.12 percentage points above the Industrials peer median.
Filed 30 Oct 2026, 15:42 IST · after market close · Borosil Renewables Ltd (BORORENEW)
Key takeaways
- Borosil Renewables reported consolidated operating margin of 26.55%, 14.12 percentage points above the Industrials peer median.
- Operating profit of Rs 105.34 cr converted to profit before tax of Rs 89.6 cr after depreciation of Rs 23.74 cr and interest of Rs 2.62 cr.
- Other income of Rs 10.62 cr supplemented consolidated profit before tax, while the tax rate was 23.24%.
Price around the results
Operating margin leads reported Industrials peers
Borosil Renewables' consolidated operating margin was 26.55% in Q2FY27. That was 14.12 percentage points above the 12.43% median for the 75 Industrials companies that had reported the same quarter, placing the company above most of that reported peer set.
Depreciation was the main disclosed operating-to-PBT bridge
Operating profit of Rs 105.34 cr was reduced to profit before tax of Rs 89.6 cr by depreciation of Rs 23.74 cr and interest of Rs 2.62 cr. Other income of Rs 10.62 cr also supported the pre-tax result, so reported profit was not derived solely from operations.
Results filed after market close
The consolidated results were filed at 15:42 IST on 30 October 2026, after market close.
Q2FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹397 cr |
| Other income | ₹11 cr |
| Expenses | ₹291 cr |
| Operating profit | ₹105 cr |
| Operating margin (%) | 26.55% |
| Interest | ₹3 cr |
| Depreciation | ₹24 cr |
| Profit before tax | ₹90 cr |
| Tax | ₹21 cr |
| Net profit | ₹69 cr |
| EPS (₹) | ₹4.78 |
Operating margin of 26.55% compares with a Industrials sector median of 12.43% across 75 peers that have reported Q2FY27.
What to watch
- Whether consolidated operating margin holds at 26.55% in the next reported quarter.
- Whether depreciation remains close to Rs 23.74 cr as operating profit converts to profit before tax.
- Whether other income remains at Rs 10.62 cr or contributes less to pre-tax profit.