Borana Weaves Ltd – Company Report
1. Company Overview
Borana Weaves Ltd, incorporated in 2020 and headquartered in Surat, Gujarat, is a fast-growing Indian textile manufacturer specializing in unbleached synthetic grey fabrics and polyester textured yarn. The company has quickly established itself as a dynamic force in the sector, producing fabrics that are fundamental inputs for a wide range of industries, including fashion, home textiles, technical textiles, and interior design. With three modern manufacturing units, Borana Weaves operates over 700 high-speed water jet looms and advanced texturizing, warping, and folding equipment, enabling it to deliver more than 2,300 lakh meters of fabric annually.
The company’s management team is led by Chairman and Managing Director Mr. Mangilal Ambalal Borana, supported by executive directors with deep operational and financial expertise. Borana Weaves leverages vertical integration by handling processes such as spinning and texturizing in-house, which enhances production efficiencies and quality control. The company emphasizes sustainability in operations, employing eco-friendly production practices and recycling water to minimize environmental impact.
- Incorporated: 2020
- Headquarters: Surat, Gujarat, India
- Industry Focus: Synthetic textiles, technical textiles, polyester yarn
- Manufacturing Infrastructure: 3 state-of-the-art facilities with 700+ water jet looms, 15 texturizing machines, 6 warping machines, and 10 folding machines
- Leadership: Mr. Mangilal Ambalal Borana (Chairman & Managing Director)
- Regional Strength: Strong customer base in Gujarat and expanding presence in India and international markets
2. Products and Services
Borana Weaves Ltd offers a diverse portfolio of textile products tailored for multiple industry applications:
Unbleached Synthetic Grey Fabric:
- Fundamental base material for fabric dyeing, printing, and finishing processes in fashion, traditional wear, technical textiles, home décor, and industrial sectors.
Polyester Textured Yarn (PTY):
- Manufactured by heating polyester oriented yarn (POY), used as a key raw material for producing synthetic fabrics.
Technical & Value-Added Fabrics:
- Expansion into RPU-coated and other specialized fabrics targeting high-growth markets such as automotive and medical textiles.
Custom Textile Solutions:
- Fabric and yarn supplied as per client-specific requirements for texture, quality, and end-use.
Key operational strengths include the company’s ability to deliver uniform, high-quality fabrics, robust supply chain control, strong emphasis on customer satisfaction, and ongoing product innovation to meet evolving technical and fashion needs. Sustainable production practices and value-added offerings contribute to Borana Weaves’ industry leadership.
3. Recent News and Financial Performance
Recent Developments:
- Completed a successful IPO in May 2025, with oversubscription reflecting strong investor confidence.
- Expanded into polyester textured yarn, RPU-coated, and technical fabrics.
- Invested in automation and sustainability to improve margins and competitiveness.
4. Financial Highlights:
| Metric | FY2025 | FY2024 |
|---|---|---|
| Revenue from Operations (₹ Cr) | 290.3 | 198.7 |
| Net Profit (₹ Cr) | 40.20 | 23.59 |
| Operating Profit Margin (%) | 22 | — |
| ROE (%) | 60 | — |
| ROCE (%) | 41 | — |
| EPS (₹) | 20.16 | — |