Borosil Renewables Q2 FY26: strong revenue, GMB insolvency drags bottom line

Kmp ResignedManagement Changes View source PDF Explain this filing

BORORENEW · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.4%Reaction day

₹674.40

prior close

₹676.15

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.3%+4.6% vs market

Industrial Products peers, median of 312sector · industry level-0.0%+4.4% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 4.4 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.1

10m

-2.9

15m

-1.6

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.4-0.3+4.6-0.0+4.4

Next day

+0.2+0.7-0.5+0.1+0.1

-4.2+0.6-4.8-0.5-3.7

-2.4+0.5-2.9-0.5-1.9

-4.2+1.1-5.3-0.8-3.4

-6.5+0.3-6.8-1.5-5.0

-8.9-0.2-8.7-2.4-6.6

15d

-15.9-2.2-13.7-3.3-12.6

-18.9-4.9-14.0-6.5-12.4

-26.2-7.5-18.7-8.8-17.4

-25.6-4.8-20.8-6.9-18.7

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 312Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Borosil Renewables Q2 FY26 standalone revenue rose 42% YoY to Rs 37,844 lakhs with pre-exceptional PBT of Rs 10,003 lakhs. Exceptional charges of Rs 35,978 lakhs (H1) from GMB Germany insolvency (Rs 32,591 lakhs) and Interfloat impairment (Rs 3,387 lakhs) led to a H1 standalone loss of Rs 22,653 lakhs. GMB was deconsolidated from July 4, 2025. Company Secretary Ravi Vaishnav resigned, Kishor Talreja appointed. Raised Rs 37,149 lakhs via preferential issue on Oct 17, 2025.

Likely market impact

Core India ops strong with 42% revenue growth. German subsidiary insolvency caused large H1 loss. Fundraising signals balance sheet strengthening.