Borana Weaves FY26 Net Profit Surges 60.7% to ₹6,461.20 Lakh; Results Published Under Regulation 47

Borana Weaves Limited has announced its audited standalone financial results for the quarter and year ended March 31, 2026, with the Board of Directors approving the results at its meeting held on May 14, 2026. The company subsequently published these results under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the newspaper publication scheduled on May 15, 2026. The results, prepared in accordance with Indian Accounting Standards (Ind AS), reflect significant growth in both revenue and profitability for the full year.

Full Year Financial Performance

Borana Weaves delivered strong annual results, with revenue from operations rising 33.9% to ₹38,859.30 lakh from ₹29,031.04 lakh in the previous year. Total income for the year stood at ₹39,680.79 lakh, compared to ₹29,509.70 lakh in the prior year. Net profit for the year grew 60.7% to ₹6,461.20 lakh from ₹4,020.25 lakh, while profit before tax rose to ₹7,839.70 lakh from ₹4,912.27 lakh. The total comprehensive income for the year was ₹6,486.89 lakh, up from ₹4,016.18 lakh in the previous year. Basic and diluted earnings per share improved to ₹24.35 from ₹20.14 in the previous year.

The following table summarizes the key annual financial metrics:

Particulars:	Year Ended Mar 31, 2026 (₹ in lakh)	Year Ended Mar 31, 2025 (₹ in lakh)
Revenue from Operations:	38,859.30	29,031.04
Other Income:	821.49	478.66
Total Income:	39,680.79	29,509.70
Cost of Materials Consumed:	22,777.63	17,803.18
Employee Benefits Expense:	2,814.13	1,915.45
Finance Costs:	349.05	505.04
Depreciation & Amortisation:	1,781.02	1,306.03
Total Expenses:	31,837.67	24,524.42
Profit Before Tax:	7,839.70	4,912.27
Net Profit:	6,461.20	4,020.25
Total Comprehensive Income:	6,486.89	4,016.18
EPS (Basic & Diluted):	24.35	20.14

Quarterly Performance

For the quarter ended March 31, 2026, Borana Weaves reported revenue from operations of ₹10,073.20 lakh, up from ₹7,869.52 lakh in the same quarter of the previous year. Total income for the quarter was ₹10,240.03 lakh, compared to ₹7,939.00 lakh in the year-ago period. Net profit for the quarter rose to ₹1,720.74 lakh from ₹1,089.61 lakh, while profit before tax stood at ₹2,093.64 lakh against ₹1,349.94 lakh in the corresponding quarter. Total comprehensive income for the quarter was ₹1,719.52 lakh. The quarterly EPS stood at ₹6.45, compared to ₹5.44 in the same quarter of the previous year.

The following table presents the quarterly financial highlights:

Particulars:	Q4 FY26 (₹ in lakh)	Q3 FY26 (₹ in lakh)	Q4 FY25 (₹ in lakh)
Revenue from Operations:	10,073.20	11,136.48	7,869.52
Other Income:	166.82	156.51	69.48
Total Income:	10,240.03	11,292.98	7,939.00
Cost of Materials Consumed:	5,314.51	6,806.74	4,787.05
Employee Benefits Expense:	812.67	809.97	484.69
Finance Costs:	76.55	82.51	110.55
Depreciation & Amortisation:	555.86	528.04	319.10
Total Expenses:	8,146.39	9,038.25	6,588.68
Profit Before Tax:	2,093.64	2,251.32	1,349.94
Net Profit:	1,720.74	1,854.76	1,089.61
Total Comprehensive Income:	1,719.52	1,871.80	1,085.54
EPS (Basic & Diluted):	6.45	7.02	5.44

Board Appointments

During the Board meeting held on May 14, 2026, the Board appointed M/s. Vora Vora & Associates, Chartered Accountants, as the Internal Auditor for the financial year 2026-27. Additionally, the Board re-appointed M/s. Vaghela Kishor & Co as the Cost Auditor to conduct the cost audit for the financial year 2026-27. The results were signed by Ankur Mangilal Borana, Executive Director and Chief Executive Officer (DIN: 01091164), at Surat on May 14, 2026.

Regulatory and Reporting Notes

The financial results have been audited by the statutory auditors in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and were reviewed by the Audit Committee before being approved by the Board of Directors. The company's management, pursuant to Ind AS 108 on Operating Segments, has concluded that the company operates in only one reportable segment — Textile — and accordingly, segment-wise disclosure requirements are not applicable. Exceptional items reported in the financial results relate to profit or loss arising from the sale of tangible assets such as property, plant, equipment, or vehicles.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.22%	-3.79%	-5.92%	+13.64%	+43.49%	+25.91%

Borana Weaves Limited has disclosed to stock exchanges that search proceedings were initiated by the SEBI Special Judge at its promoter group entity premises under regulatory compliance requirements. The company filed the disclosure on April 25, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Search Operation Details

The search proceedings were conducted under Section 11C (9) of the Securities and Exchange Board of India Act, 1992, following an order passed by the Special Judge of SEBI. The operations took place at multiple locations connected to the promoter group entity.

Parameter:	Details
Target Entity:	R & B Denims Limited (promoter group entity)
Search Dates:	April 22-23, 2026
Start Date:	Wednesday, April 22, 2026
Conclusion:	Thursday, April 23, 2026 at 06:00 PM
Conducting Authority:	Special Judge, Securities and Exchange Board of India

The search covered premises of R & B Denims Limited, which is identified as the promoter group entity in Borana Weaves Limited's Red Herring Prospectus. Additionally, the proceedings extended to premises of certain promoters and the Chief Financial Officer of R & B Denims Limited.

Company Clarifications

Borana Weaves Limited emphasized several key points regarding the search proceedings:

No search was conducted at the registered office of Borana Weaves Limited
The search was specifically targeted at the promoter group entity and related individuals
Based on currently available information, there is no material impact on the company's financials
Business operations remain unaffected by the search proceedings
No impact reported on other company activities

Regulatory Compliance Status

Sr. No.	Regulatory Requirement	Current Status
1.	Nature of Action:	Search under Section 11C (9) of SEBI Act, 1992
2.	Conducting Authority:	Special Judge, Securities and Exchange Board of India
3.	Order Receipt Details:	Not yet informed by the Authority
4.	Violation Details:	Not yet informed by the Authority
5.	Financial Impact:	No material impact at present

The company has committed to promptly inform stock exchanges of any material developments requiring disclosure under SEBI Listing Regulations. This disclosure was signed by Ankur Mangilal Borana, Executive Director and Chief Executive Officer, from the company's Surat location.

Forward Compliance Commitment

Borana Weaves Limited stated that in the event of any material developments requiring disclosure under the SEBI Listing Regulations, the company will promptly inform the stock exchanges in accordance with applicable regulatory provisions. The company has provided all required details under Clause 19 of Para A of Part A of Schedule III of the SEBI Listing Regulations as part of its regulatory filing.