Borosil Renewables enters rooftop solar retail, targets ₹100 crore in first-year sales
Borosil Renewables is launching branded direct-to-consumer rooftop solar solutions while raising solar-glass capacity from 1,000 to 1,600 tonnes per day. The ₹950 crore furnace expansion is targeted for commissioning between December 2026 and March 2027.
What happened
Borosil Renewables is entering branded direct-to-consumer rooftop solar solutions while expanding solar-glass capacity to 1,600 TPD. The company expects ₹100
Key facts
- ₹100 crore expected first-year revenue from branded distributed solar solutions
- Solar glass capacity expanding from 1,000 TPD to 1,600 TPD
- Two new furnaces add 600 TPD at around ₹950 crore investment
- Q1FY27 standalone net profit: ₹87.7 crore versus ₹27.2 crore loss in Q1FY26
- Q1FY27 consolidated revenue up 17.1% YoY
Why this matters
Borosil Renewables’ D2C rooftop-solar launch creates a branded retail route to capture installation-led demand while its 60% capacity expansion supports supply scale.
What to watch
- City-wise launch footprint, installer onboarding and disclosed order-book or installation-volume data.
- Evidence of financing tie-ups and the share of sales sold with loans, EMIs or subsidy facilitation.
- Customer-acquisition cost, installation turnaround time, cancellation rates and warranty/service claims.
- Progress payments, commissioning milestones and ramp-up timeline for the ₹950 crore furnace expansion.
- Domestic solar-module demand, module makers' capacity additions, solar-glass pricing and import competition.