Borana Weaves Limited
About Borana Weaves Limited
Data last updated: 08 January 2026
Borana Weaves Limited is a public limited company based in Surat, Gujarat, India. It specialises in leather, a part of the broader apparel and fashion sector. Incorporated on 28 October 2020, the company has been in operation for over 6 years.
Registered with ROC Ahmedabad under CIN U17299GJ2020PLC117745.
Capital: an authorised share capital of ₹30 Cr and a paid-up capital of ₹26.65 Cr. It is led by directors including Kanav Sham Arora Sunder and Ankur Mangilal Borana.
Last AGM: 10 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No Aa/34 B 16/16 Hojiwala Ind. Estate Susml Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹295.1 Cr, a growth of 48% compared to the previous year.
The company has a workforce of approximately 51 employees as per the latest available data.
The company is associated with 1 brand - Borana Weaves. As per MCA filings, the company has open charges of ₹96.9 Cr on record.
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Registered AddressPlot No Aa/34 B 16/16 Hojiwala Ind. Estate Susml Sachin, Surat, Gujarat, India – 394230
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IndustryAppreal & Fashion, Leather, Apparel, Textile
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Borana Weaves Limited
Borana Weaves Limited has one previous CIN (Corporate Identification Number): U17299GJ2020PTC117745. The current CIN is U17299GJ2020PLC117745, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299GJ2020PLC117745 | Current |
| U17299GJ2020PTC117745 | Previous |
Associated Brands with Borana Weaves Limited
Borana Weaves Limited operates one associated brand: Borana Weaves. These brands represent Borana Weaves Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of greige and microfilament woven fabrics | boranagroup.in |
Business Activity of Borana Weaves Limited
Borana Weaves Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | ********* |
Board of Directors of Borana Weaves Limited
Borana Weaves Limited is currently managed by 9 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Kanav Sham Arora Sunder
Also directs:
R & B Denims Limited, Nakshatra Creations Private Limited, Credence Ecofibre Private Limited and 1 more
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Director | 17 Jul 2024 | 1 Years 11 Months | Current |
| Ankur Mangilal Borana | Ceo | 26 Sep 2024 | 1 Years 9 Months | Current |
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Rajkumar Mangilal Borana
Also directs:
R & B Denims Limited, Borana Industries Llp, Borana Filaments Private Limited and 2 more
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Cfo | 26 Sep 2024 | 1 Years 9 Months | Current |
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Mangilal Ambalal Borana
Also directs:
Borana Industries Llp, Borana Filaments Private Limited
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Managing Director | 14 Jun 2021 | 5 Years 0 Months | Current |
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Nitika Abhishek Soni
Also directs:
R & B Denims Limited
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Director | 17 Jul 2024 | 1 Years 11 Months | Current |
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Arvind Kumar Rathi
Also directs:
R & B Denims Limited, Rathi Agarwal & Associates Llp
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Director | 17 Jul 2024 | 1 Years 11 Months | Current |
Financials of Borana Weaves Limited FY 2026 filings available
Borana Weaves Limited reported revenue of ₹388.59 Cr (up 33.85% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹388.59 Cr | ₹290.31 Cr |
| Other Income | ₹8.21 Cr | ₹4.79 Cr |
| Total Income | ₹396.81 Cr | ₹295.1 Cr |
| Cost of Materials Consumed | ₹227.78 Cr | ₹178.03 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹7.1 Lakh | -₹29.35 Lakh |
| Employee Benefit Expense | ₹28.14 Cr | ₹19.15 Cr |
| Finance Costs | ₹3.49 Cr | ₹5.05 Cr |
| Depreciation & Amortisation | ₹17.81 Cr | ₹13.06 Cr |
| Other Expenses | ₹41.09 Cr | ₹30.24 Cr |
| Total Expenses | ₹318.38 Cr | ₹245.24 Cr |
| Profit Before Exceptional Items & Tax | ₹78.43 Cr | ₹49.85 Cr |
| Exceptional Items | -₹3.42 Lakh | -₹73.01 Lakh |
| Profit Before Tax | ₹78.4 Cr | ₹49.12 Cr |
| Total Tax Expense | ₹13.79 Cr | ₹8.92 Cr |
| Net Profit | ₹64.61 Cr | ₹40.2 Cr |
| Other Comprehensive Income | ₹25.69 Lakh | ₹0 |
| Total Comprehensive Income | ₹64.87 Cr | ₹40.2 Cr |
| EBITDA (computed) | ₹99.73 Cr | ₹67.96 Cr |
| Basic EPS | ₹24.35 | ₹20.14 |
| Diluted EPS | ₹24.35 | ₹20.14 |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹366.37 Cr | ₹155.95 Cr |
| Non-current Assets | ₹244.46 Cr | ₹77.8 Cr |
| Current Assets | ₹121.9 Cr | ₹78.15 Cr |
| Property, Plant & Equipment | ₹146.49 Cr | ₹67.66 Cr |
| Inventories | ₹47.33 Cr | ₹25.42 Cr |
| Trade Receivables | ₹23.64 Cr | ₹21.82 Cr |
| Cash & Equivalents | ₹1.68 Cr | ₹4.02 Lakh |
| Equity (Net Worth) | ₹281.58 Cr | ₹87.55 Cr |
| Equity Share Capital | ₹26.65 Cr | ₹19.94 Cr |
| Borrowings (Non-current) | ₹55.66 Cr | ₹37.44 Cr |
| Borrowings (Current) | ₹13.85 Cr | ₹21.93 Cr |
| Total Debt (computed) | ₹69.5 Cr | ₹59.37 Cr |
| Current Liabilities | ₹28.13 Cr | ₹29.78 Cr |
| Total Liabilities | ₹84.79 Cr | ₹68.4 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹36.96 Cr | ₹22.64 Cr |
| Investing Cash Flow | -₹178.69 Cr | -₹7.14 Cr |
| Financing Cash Flow | ₹143.37 Cr | -₹15.47 Cr |
| Capital Expenditure | ₹178.98 Cr | ₹9.97 Cr |
| Free Cash Flow (computed) | -₹142.01 Cr | ₹12.67 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹1.64 Cr | ₹2.86 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹100.73 Cr | ₹111.36 Cr | ₹95.5 Cr | ₹81 Cr | ₹78.7 Cr |
| Other Income | ₹1.67 Cr | ₹1.57 Cr | ₹3.85 Cr | ₹1.13 Cr | ₹69.48 Lakh |
| Total Income | ₹102.4 Cr | ₹112.93 Cr | ₹99.35 Cr | ₹82.12 Cr | ₹79.39 Cr |
| Cost of Materials Consumed | ₹53.15 Cr | ₹68.07 Cr | ₹55.97 Cr | ₹50.59 Cr | ₹47.87 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹2.44 Cr | -₹2.55 Cr | ₹1.05 Cr | -₹87.09 Lakh | ₹90.61 Lakh |
| Employee Benefit Expense | ₹8.13 Cr | ₹8.1 Cr | ₹6.53 Cr | ₹5.39 Cr | ₹4.85 Cr |
| Finance Costs | ₹78.55 Lakh | ₹82.51 Lakh | ₹87.98 Lakh | ₹1 Cr | ₹1.11 Cr |
| Depreciation & Amortisation | ₹5.56 Cr | ₹5.28 Cr | ₹4.19 Cr | ₹2.78 Cr | ₹3.19 Cr |
| Other Expenses | ₹11.41 Cr | ₹10.66 Cr | ₹10.29 Cr | ₹8.81 Cr | ₹7.97 Cr |
| Total Expenses | ₹81.46 Cr | ₹90.38 Cr | ₹78.91 Cr | ₹67.69 Cr | ₹65.89 Cr |
| Profit Before Exceptional Items & Tax | ₹20.94 Cr | ₹22.55 Cr | ₹20.45 Cr | ₹14.43 Cr | ₹13.5 Cr |
| Exceptional Items | ₹0 | -₹3.42 Lakh | ₹0 | ₹0 | -₹38,000 |
| Profit Before Tax | ₹20.94 Cr | ₹22.51 Cr | ₹20.45 Cr | ₹14.43 Cr | ₹13.5 Cr |
| Total Tax Expense | ₹3.73 Cr | ₹3.97 Cr | ₹3.79 Cr | ₹2.3 Cr | ₹2.6 Cr |
| Net Profit | ₹17.21 Cr | ₹18.55 Cr | ₹16.65 Cr | ₹12.13 Cr | ₹10.9 Cr |
| Other Comprehensive Income | -₹1.23 Lakh | ₹17.03 Lakh | ₹16.97 Lakh | ₹0 | ₹0 |
| Total Comprehensive Income | ₹17.2 Cr | ₹18.72 Cr | ₹16.82 Cr | ₹12.13 Cr | ₹10.9 Cr |
| EBITDA (computed) | ₹27.28 Cr | ₹28.65 Cr | ₹25.52 Cr | ₹18.21 Cr | ₹17.8 Cr |
| Basic EPS | ₹6.45 | ₹7.02 | ₹6.31 | ₹4.55 | ₹5.44 |
| Diluted EPS | ₹6.45 | ₹7.02 | ₹6.31 | ₹4.55 | ₹5.44 |
Board & Governance of Borana Weaves Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Borana Weaves Limited has 6 directors - 3 independent and 3 executive. The board is chaired by Mangilal Ambalal Borana.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Mangilal Ambalal Borana | Executive Director · MD · Chairperson | 2021-06-14 | 1 |
| Ankur Mangilal Borana | Executive Director · CEO | 2022-11-17 | 2 |
| Rajkumar Mangilal Borana | Executive Director | 2022-11-17 | 3 |
| Kanav Sham Sunder Arora | Non-Executive - Independent Director | 2024-07-17 | 2 |
| ARVIND KUMAR RATHI | Non-Executive - Independent Director | 2024-07-17 | 2 |
| NITIKA ABHISHEK SONI | Non-Executive - Independent Director | 2024-07-17 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | ARVIND KUMAR RATHI (Chairperson), Kanav Sham Sunder Arora, Rajkumar Mangilal Borana |
| Nomination and remuneration committee | NITIKA ABHISHEK SONI (Chairperson), Kanav Sham Sunder Arora, ARVIND KUMAR RATHI |
| Stakeholders Relationship Committee | Kanav Sham Sunder Arora (Chairperson), Ankur Mangilal Borana, Rajkumar Mangilal Borana |
| Corporate Social Responsibility Committee | Rajkumar Mangilal Borana (Chairperson), Ankur Mangilal Borana, NITIKA ABHISHEK SONI |
Charges & Borrowings of Borana Weaves Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2024 | Hdfc Bank Limited | ₹9.82 Cr | Open |
| 16 Nov 2023 | Hdfc Bank Limited | ₹38.05 Cr | Open |
| 21 Jul 2022 | Others | ₹7 Cr | Open |
| 21 Jul 2022 | Others | ₹12 Cr | Open |
| 30 Jul 2021 | The Sutex Co-Operative Bank Ltd. | ₹15.5 Cr | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Borana Weaves Limited
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Employee Count & EPFO Data of Borana Weaves Limited
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GST Compliance of Borana Weaves Limited
GSTIN & GST Filing Data of Borana Weaves Limited
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Credit Ratings, Litigation & Regulatory Alerts for Borana Weaves Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Borana Weaves Limited
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MSME Payment Delays by Borana Weaves Limited
MSME Payment Delays by Borana Weaves Limited
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Subsidiaries & Group Companies of Borana Weaves Limited
Subsidiaries & Group Companies of Borana Weaves Limited
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MCA Filings & Documents of Borana Weaves Limited
MCA Filings & Documents of Borana Weaves Limited
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Recent Activity on Borana Weaves Limited
Frequently Asked Questions about Borana Weaves Limited
Borana Weaves Limited is an active public limited company in the appreal and fashion sector based in Surat, Gujarat, India. It was incorporated on 28 October 2020 (6+ years old) and is registered under CIN U17299GJ2020PLC117745. The company has 51 employees.
Borana Weaves Limited reported revenue of ₹295.1 Cr for FY 2025 (up 48.00% YoY).
The current directors of Borana Weaves Limited are:
- Kanav Sham Arora Sunder
- Seema Manish Luniya
- Ankur Mangilal Borana
- Rajkumar Mangilal Borana
- Mangilal Ambalal Borana
- Nitika Abhishek Soni
- Arvind Kumar Rathi
- Ankur Mangilal Borana
- Rajkumar Mangilal Borana
The primary industry of Borana Weaves Limited is apparel and fashion. The company specifically operates in leather. The company is currently active in this sector.
Borana Weaves Limited can be reached at the registered office: Plot No Aa34 B 1616 Hojiwala Ind. Estate Susml Sachin, Surat, Gujarat, India – 394230.
The authorised capital is ₹30 Cr, and the paid-up capital is ₹26.65 Cr.