Borana Weaves 🔥 Got listed 10 days back Last 4 years track record: FY22-FY24: Rev CAGR 113% EBITDA CAGR 142% PAT CAGR 148% Revenue: FY22: 42cr FY23: 135cr FY24: 199cr FY25: 290cr EBITDA and OPM: FY22: 5cr at 12% OPM FY23: 26cr at 19% OPM FY24: 41cr at 21% OPM FY25: 64cr at 22% OPM PBT: FY22: 2cr FY23: 20cr FY24: 28cr FY25: 49cr PAT: FY22: 2cr FY23: 16cr FY24: 24cr FY25: 40cr RoE 37% RoCE 35% Over the last 3 years, the company kept on adding capacity and works with 3 units with average utilization of 75-80% IPO purpose: 71cr to be utilised for constructing a new manufacturing unit 26.5cr for incremental WC Borana kept investing in water jet looms for greater precision and better quality which has yielded good results for the last 4 years Has 700 water jet looms active in 3 units combined Another 360 water jet looms coming up in unit 4 Customer base improved from 65 in 2022 to 204 in 9MFY25 Gujarat forms 98% of overall revenue