Investor Presentation

BOROSIL BOROSIL RENEWABLE$ LIMITED CIN: l26100MH1962PLC012538 Regd. OFfice: 1101. Crescenzo. G-Bloct Opp. MCA Oub. Sandra KI.Jfia Complex renewa bles Sandra (E). Mumbai - ◄00051. India. T : +9122 6740 6300 F : •9122 6740 6514 W : www.borosilrenewables.com Email : brl@borosa.com October 30, 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 September 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. Works: Mleshwar-Rajpipla Road. Vilage Govali. Ta l Jhagadia. Dist Bharud,-393001, O<iSAS ■ (Gujarat), India )8001:2007 ,: 1S0 J-4001:2015 T: +912645-258100 J...S,..0._ 8_0_01 _:2 '0J5 (!] F :+91 2645-258235 E,~Lcom to ~1111150fWH1e BOROSIL ?f enewables Turning Sunlight into progress Q2FY27 Earnings Presentation October 2026 BOROSIL Disclaimer ,,,,11 2Tenewables This presentation and the accompanying slides (the “Presentation”), which have been prepared by Borosil Renewables (the “Company”), have been prepared solely for information purposes only and does not constitute any offer or invitation, directly or indirectly, in any manner, or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities of the Company in any jurisdiction and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation is not a prospectus, disclosure document, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document under the Companies Act, 2013, and the rules made thereunder, as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or any other applicable law in India. This Presentation should not be considered as a recommendation that any investor should subscribe for or purchase any securities of the Company or its subsidiary (collectively, the “Group”) and should not be used as a basis for any investment decision. The information contained in this Presentation is only current as of its date and has not been independently verified. The Group will not update you in the event the information in the Presentation becomes stale. Moreover, both express or implied representation or warranty is made as to, and no reliance should be placed on, the truth, accuracy, fairness, reasonableness or completeness of the information presented or contained in this Presentation and nothing in this Presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. None of the Group or any of its affiliates, advisers or representatives accept any liability whatsoever for any loss howsoever arising from any information presented or contained in this Presentation. Furthermore, no person is authorized to give any information or make any representation which is not contained in, or is inconsistent with, this Presentation. Any such extraneous or inconsistent information or representation, if given or made, should not be relied upon as having been authorized by or on behalf of the Group. This Presentation is being given solely for your information and for your use, and may not be copied, reproduced or redistributed to any other person in any manner. The distribution of this Presentation in certain jurisdictions may be restricted by law. Accordingly, any persons in possession of this Presentation should inform themselves about and observe any such restrictions. This Presentation is not a complete description of the Company. Certain statements in the Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. All forward-looking statements are based on judgments derived from the information available to the Company at this time. Such forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. Any opinion, estimate or projection herein constitutes a judgment as of the date of this Presentation, and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward- looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. Given these uncertainties and other factors, viewers of this Presentation are cautioned not to place undue reliance on these forward-looking statements. All information contained in this Presentation has been prepared solely by the Company based on information and data which the Company considers reliable. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. I. Quarterly Updates INDEX II. Business Overview III. What Sets Us Apart IV. Annexures BOROSlt renewa bles Purpose Vision “To be the most “Pioneering a Customer Centric sustainable future with Company” reliability and quality” BOROSIL renewa bles Quarterly Update Q2FY2027 Earnings Presentation BOROSIL Management Commentary ,,,,11 2Tenewables The Company delivered a strong half yearly performance as revenue from operation stood at ₹801.8 crore (rise of 12.8% over H1FY26), EBITDA at ₹258.3 crore(rise of 18.5% over H1FY26) and PAT at ₹157.8 crore. On a quarterly basis the revenue from operation was ₹396.2 crore in Q2FY27, with EBITDA of ₹116.3 crore and PAT of ₹70.1 crore. India’s solar manufacturing ecosystem continues to expand, supported by capacity additions across the value chain and the country’s long-term renewable energy ambitions. The Company’s 60% expansion under execution is aimed at enhancing it’s ability to address the growing demand for solar glass and reduce import dependance for the country. Going forward, our priorities remain focused on improving operating performance, enhancing manufacturing efficiencies and continue creating sustainable value for all stakeholders. Mr P.K. Kheruka Executive Chairman BOROSIL Earnings at a Glance: Q2 & H1 FY2027 ,,,,11 2Tenewables Revenue from Operations EBITDA PBT PAT ₹396.2 ₹116.3 ₹92.1 ₹70.1 Cr Cr Cr Cr Q2 FY27 ↑ 4.7% YoY ↓7.3% YoY ↑ 39.2% YoY ↑ 53.1% YoY ₹801.8 ₹258.3 ₹210.5 ₹157.8 Cr Cr Cr Cr H1 FY27 ↑ 12.8% YoY ↑ 18.5% YoY N/A N/A Note*: Calculated on standalone basis BOROSIL Realization Mechanics & Profitability Resilience ,,,,11 2Tenewables Fuel surcharge moderation and lower production impacted quarterly realizations and margins REALIZATION & FUEL SURCHARGE DYNAMICS WHAT DROVE Q2 MODERATION? Average Selling Price (ASP), INR per sq. m/mm 03 | Normalization 150.20 160.30 155.9 01 | Lower Fuel 02 | Lower back expected Surcharge Production from Q3FY27 Fuel surcharge of Routine furnace With subsequent rise in ~₹9.50/sq. m reduced maintenance led to a production levels and Q4 FY26 Q1 FY27 Q2 FY27 following a temporary slight dip in production, increase [Showing first 8,000 characters — download PDF for full document]