Investor Presentation

July 17, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip code: 502219 Symbol: BORORENEW Dear Sirs, Subject: Investor Presentation Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached a presentation on performance of the Company for the quarter ended June 30, 2026. The said presentation is also being uploaded on the Company’s website at www.borosilrenewables.com. You are requested to take the same on records. For Borosil Renewables Limited Kishor Talreja Company Secretary & Compliance Officer (Membership no. FCS – 7064) Encl.: As above. Turning Sunlight into progress INVESTOR PRESENTATION Q1 FY27 Safe Harbour This investor presentation has been prepared by Borosil Renewables Limited (“Company”) on a strictly confidential basis. Certain statements in this presentation may be ‘forward-looking statements’ within the meaning of applicable laws and regulations. These statements reflect our intentions, plans, expectations, assumptions, and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside our control. These forward-looking statements involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those suggested by such statements. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in the political and economic environment in India and overseas, tax laws, import duties, litigation, and labour relations. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, or correctness of the information or opinions contained herein. The information contained in this presentation is only current as of its date. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. This presentation cannot be copied and disseminated in any manner. No person is authorized to give any information or to make any representation not contained in and not consistent with this presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of the Company. This should not be construed as an offer to sell or the solicitation of an offer to buy any securities or fresh issuance of any securities of the Company. Contents 1. Our Vision/Purpose & Our Group 2. Financials 3. Company & Industry updates 4. Increasing Share of Solar in Rising Renewables 5. Growth Drivers 6. Indian Solar PV-Surge in Manufacturing 7. Our Capacity & Growth 8. Our Worldwide Presence 9. Our USP, Innovations, Constant Evolution and Product portfolio 10. Eco-Conscious operations & ESG Journey 11. Awards & Accolades 12. Shareholding Pattern & Board of Directors 13. Abbreviations Our Vision Purpose “To be the most Customer “Pioneering a sustainable future Centric Company” with reliability and quality” Our Group More than 60 Years of Excellence Borosil Group Borosil Renewables Limited Borosil Limited Borosil Scientific Limited One of the leading players in Laboratory INDIA’s first and largest solar glass One of the Market leaders in consumer Consumables, Laboratory Equipment, manufacturer with a capacity of 1000 glassware and Kitchenware Pharma Primary Packaging and Process TPD (~6.5 GW) Sciences ~₹9081* cr Market Cap ~₹3073* cr Market Cap ~₹1448* cr Market Cap *As on 13th July 2026 Standalone Q1 FY27 P&L Revenue EBITDA Q1FY27 Q1FY27 ₹405.69 ₹ 142.00 CRS CRS 22.1% 53.5% YoY YoY I t e m ) Q 1 F a l o f i t Standalone Q1 FY27 P&L Key highlights of Standalone Quarterly results ❖ Sales – Rs. 405.69 cr versus Rs. 332.26 cr in corresponding quarter last year, a jump of 53%. Q4FY26 sales included sales of Rs. 32.07 cr. goods dispatched in previous quarter/s but delivered to customers in Q4FY26. ❖ EBITDA (35% of sales) Rs. 142 cr. versus Rs. 92.53 Cr. in corresponding quarter last year (27.9% of sales). Q4FY26 EBITDA of Rs 144.61 cr included Rs. 9.77 cr on above goods of 32.07 cr. ❖ The major increase in sales value came from the selling price as the average Ex- factory selling price during the quarter increased to INR 160.3/mm as compared to INR 138.1/mm in the corresponding quarter (INR 150.2/mm in the preceding quarter). The selling price includes a fuel surcharge levied from 10th March 2026 to offset rise in fuel prices after outbreak of war in West Asia. ❖ EBITDA margin has consistently stayed above 33% for the 4th quarter in a row. ❖ New solar wind hybrid captive power plant commissioned in March 2026 has helped increase the share of renewable power sources to 93% of the total power requirement of the quarter making the processes more environment friendly as also saving on costs. ❖ PAT for Q4FY26 was higher than PBT due to recognition of a tax shield arising from write-off of provision made in Q1FY26 against Loan, advances and investment in overseas German subsidiaries i.e. Geosphere and GMB amounting to Rs. 325.91 crs. Consolidated Q1 FY27 P&L Revenue EBITDA Q1FY27 Q1FY27 ₹405.69 ₹ 141.16 CRS CRS 17.1% 103.7% YoY YoY i a t e f o i o n o f i o f i Q 1 F 4 F Y 4 3 9 1 2 0 l i d Update on Expansion plan ❖ Two new furnaces (SG-4 & SG-5), each of 300 TPD, totaling 600 TPD being set up at the existing location ❖ Estimated Investment: ₹950 crore ❖ Commissioning Target: Dec 2026. Work as per schedule. : Civil work in progress : Order placement of key items done ❖ Mode of financing : A mix of equity, debt and internal accruals ❖ Strategic Rationale: ▪ Backed by strong policy tailwind: 5-year anti-dumping duty on Chinese & Vietnamese imports (effective Dec 4, 2024) ▪ Aims to capture growing domestic demand for solar glass and to provide import substitute ▪ Capacity boost will drive volume-led growth, enhanced scale economies, and market leadership New Division – Rooftop Solar Product Portfolio Complete Range Entered the rooftop solar solutions business by offering high-quality Borosil branded solar panels, along with Solar Panels > 600W capacity inverters and lithium batteries, to discerning customers. Aims to provide end-to-end solutions to customers seeking Inverters 3kW – 150kW to deploy rooftop solar systems. Lithium Batteries 12.8V – 51.2V range Focus on distributed solar Dual-Channel Approach Strategic Approach Co-branding → OEM → CKD Product Distribution Low-Risk Entry Strategy Distributor-driven expansion, System Pilot-led market entry with co-branded execution before white-label investment Integration network-led installations Geographic Focus Direct Customer 3 strategic states: Gujarat, Rajasthan, and Uttar Pradesh End-to-end project execution, service focus Target Segments Residential Rooftop (1-10 kW) & C&I Rooftop (upto 1MW), Offgrid segments Fresh infusion of Rs. 889.15 cr to strengthen the Capital Structure for Growth 1. Preferential Issue - Feb-25 2. Preferential Issue (equity) -Oct-25 Promoters (equity) : Rs. 100.00 Cr. Non-Promoters (warrants) : Rs. 417.66 Cr Total : Rs. 517.66 Cr. Received : Rs. 371.49 Promoters: : Rs. 100.00 Cr Non-Promoters : Rs. 138.89 Cr Total Received : Rs. 238.89 Cr. Balance : Promoters: : NIL Entire funds Received & Invested Non-Promoters : Rs. 278.77 Cr Total : Rs. 278.77 Cr.* To be utilized mainly for part financing SG-4 Amount is already utilized. and SG-5 projects. Unutilized balance Rs *Last date for exercising option to pay and 285.97 Cr is currently invested in money convert in shares is 13th Aug 2026). market mutual funds. Increasing Share of Solar in Rising Renewables ➢ Out of total installed power generation c [Showing first 8,000 characters — download PDF for full document]