Kya chal raha hai Borosil mein? Financial Results ka Breakdown!
Dekho, Borosil ne FY26 ke pehle 9 mahino mein revenue toh 9% kamaal ka badhaya hai, jo ab ₹912 Crore ho gaya hai. Lekin, EBITDA growth thoda slow raha, sirf 3.4% badha, jisse margin 16.2% par aa gaya (pehle 17% tha). Profit after Tax (PAT) bhi bas 1.6% badh kar ₹64.1 Crore hua.
Kaunsa segment chamka aur kaunsa gira?
Glassware business ne toh dhamaal machaya, 21% growth ke saath ₹231 Crore ka revenue diya. Larah Opalware bhi 7% badh kar ₹314 Crore par pahuncha. Par, jo non-glassware segment hai, jismein appliances, bottles, flasks aate hain, woh bas 2% hi badh paya, sirf ₹349 Crore. Iska sabse bada reason hai hydra bottle business mein 30% ki badi girawat, woh bhi BIS (Bureau of Indian Standards) compliance ke naye rules ki wajah se. Company ne bola ki 'unfortunate miss' hai, market mein shelf space chut gaya aur competitors ne faayda uthaya.
Company ki Plans aur Future Outlook
Lekin tension nahi lene ka! Company ke paas cash ₹13 Crore se zyada hai aur cash flow bhi mast hai ₹130 Crore ka. Future ke liye company Rajasthan mein bottle banane ki nayi factory laga rahi hai jismein ₹65 Crore lagayenge, aur ek 20 MWp ka solar plant bhi bana rahe hain jismein ₹75 Crore kharch honge. Dono Q4 FY26 ya Q1 FY27 tak start ho jayenge.
BIS compliance ka issue sabke liye bada hai, jisse company ko thoda adjust karna pad raha hai. Lekin management ko long-term prospects par bharosa hai. Woh chahte hain ki margins 'low-20s' tak pahunchein aur glassware facility ko 50% expand bhi karne ka plan hai. India mein manufacturing ko support mil raha hai, toh Borosil ko faayda hone ki ummeed hai.
Competitors Kya Kar Rahe Hain?
Market mein Cello World aur La Opala RG jaise players bhi hain. Borosil ka glassware acha chal raha hai, lekin bottle business mein jo issues aaye hain, woh competitors shayad alag tarike se handle kar rahe honge. Jo companies BIS rules ko jaldi follow kar payein, unko zyada faayda milega.