Borana Weaves Limited
Borana Weaves Limited, established in 2020 in Surat, Gujarat, manufactures unbleached synthetic grey fabric for dyeing and printing in various sectors, alongside producing polyester textured yarn for its fabric production.
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Borana Weaves' 9.9 MW Hybrid Power Project commissioning faces delays. One WTG + 7.65 MW solar now expected by September-end, remaining two WTG locations by October-end. Reasons: high winds, monsoon, and utility line shutdown issues.
Borana Weaves delivered strong Q3/9M FY26 results: Q3 Revenue surged 42% YoY to ₹111.36 Cr, PAT up 63% to ₹18.55 Cr. Company is transitioning 70-80% power to renewables and plans to double capacity in two years.
Borana Weaves has commenced commercial operations of 192 new water jet looms, part of a 348-loom expansion project. This significant capacity boost enhances weaving production and operational efficiency to meet growing market demand.
Borana Weaves commissioned 108 additional looms at Unit 4 ahead of schedule, with a ₹71.35 Cr capex. This expands annual production to 346 million meters, aiming for ~30% market share in Synthetic Greige fabric and improving operating margins.
Borana Weaves has commenced commercial operations of 192 new water jet looms, a significant milestone in its ongoing expansion project to install a total of 348 looms. This strategic capacity addition aims to enhance the company's weaving capabilities, improve operational efficiency, and boost production volumes. The increased capacity positions Borana...