Borosil Scientific confirms NIL encumbrance on promoter shares

Borosil Scientific Limited confirmed that its promoters and persons acting in concert (PAC) hold no encumbered equity shares as of March 31, 2026. The declaration, submitted by Promoter Pradeep Kumar Kheruka, states that no shares were pledged or encumbered directly or indirectly during the financial year ended March 31, 2026. This disclosure ensures shareholders that the promoter group's shareholding remains free from liabilities that could impact corporate control.

The confirmation was provided in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates periodic disclosures regarding the encumbrance status of shares held by promoters and PACs to maintain transparency in the capital markets.

Persons Acting in Concert

The declaration was made on behalf of the promoters and the following entities identified as persons acting in concert:

Sr. No.	Name of Shareholders
1	Kiran Kheruka
2	Rekha Kheruka
3	Pradeep Kumar Kheruka
4	Shreevar Kheruka
5	Gujarat Fusion Glass LLP
6	Spartan Trade Holdings LLP
7	Borosil Holdings LLP
8	Associated Fabricators LLP
9	Sonargaon Properties LLP
10	Croton Trading Private Limited
11	Alaknanda Ruia

The filing was addressed to the BSE Limited, the National Stock Exchange of India Ltd, and the Audit Committee of Borosil Scientific Limited on April 02, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.52%	+1.86%	+30.21%	+31.79%	+9.93%	-1.27%

Borosil Scientific Limited has reported its audited financial results for the year ended March 31, 2026. The company posted a consolidated net profit of ₹34.6 crore for FY26, a 29.4% increase from ₹26.7 crore in the previous year. Total consolidated revenue rose 6.6% to ₹467.3 crore from ₹438.5 crore in FY25. The standalone net profit stood at ₹39.7 crore, up 13.4% year-on-year, with revenue from operations reaching ₹42.75 crore.

Financial Performance

For the quarter ended March 31, 2026, the standalone net profit was ₹21.5 crore on revenue of ₹131.9 crore. On a consolidated basis, Q4FY26 net profit surged to ₹27.2 crore from ₹8.6 crore in the corresponding period of the previous year, while revenue grew 10.6% to ₹143.2 crore. The company's board approved the financial statements on May 20, 2026.

Metric	Year Ended Mar 31, 2026 (₹ in crore)	Year Ended Mar 31, 2025 (₹ in crore)
Revenue from Operations	42.75	39.25
Total Income	43.77	40.03
Total Expenses	37.54	35.19
Net Profit for the Year	39.72	35.02

Operational Highlights

The financial results included exceptional items amounting to ₹8.53 crore. This comprised an expenditure of ₹6.61 crore related to a Voluntary Retirement Scheme (VRS) at the Ambad, Nashik plant and a one-time provision of ₹1.92 crore due to newly introduced Labour Codes. The company noted that despite one-time expenses related to discontinued operations at the Ambad plant, Standalone EBITDA grew during the year. Consolidated PAT was further supported by the recognition of Deferred Tax Assets in Goel Scientific Glass Works Limited.

Segment Performance

The Scientific segment led growth, with consolidated sales for FY26 reaching ₹330.9 crore, a 6.8% increase. The Glassware segment recorded sales of ₹130.8 crore. For Q4FY26, consolidated sales in the Scientific segment stood at ₹109.6 crore, while the Glassware segment contributed ₹31.8 crore. The company attributed the Q4 EBITDA improvement to higher sales and enhanced production efficiency, alongside a one-time income from the reversal of provisions at Goel Scientific Glass Works Limited.