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Borosil Ltd

₹ 278-1.01%
06 Jan – close price
🔗borosil.com•BSE: 543212•NSE: BOROLTD
Market Cap₹ 3,324 Cr.
Current Price₹ 278
High / Low₹ 426
Stock P/E38.2
Book Value₹ 71.2
Dividend Yield0.00 %
ROCE12.5 %
ROE9.32 %
Face Value₹ 1.00
Sales₹ 1,181 Cr.
OPM15.0 %
Mar Cap₹ 3,324 Cr.

ABOUT

Borosil Limited is a supplier of laboratory glassware, microwaveable kitchenware and opal ware in India. It sells and markets microwavable and flameproof kitchenware and glass tumblers through more than 15,000 retail outlets, and has three manufacturing facilities.The company conducts its operations in two business segments—namely, scientific & industrial products and consumer products

KEY POINTS

Demerger of consumer and scientific division[1]The company has demerged its Scientific business under the name ofBorosil Scientific Limited (BSL). As a part of this scheme, they will merge its subsidiaries: Klass Pack Limited and Borosil Technologies Limited into BSL. BSL was listed on the exchange on June,24.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Cello World536.2035.5411843.860.2891.324.92587.4419.8723.722262.1222.07333.2785.665.1615.820.00
2.Hawkins Cookers7881.5036.754169.311.6531.95-6.19316.476.9740.911147.9113.47113.4531.9511.2020.660.16
3.Borosil278.0038.233324.380.0022.8524.73340.3624.2712.481181.3315.0086.9522.853.915.850.09
4.All Time Plastic260.0044.671703.200.004.22-68.55147.4012.4819.23558.1718.1647.334.222.869.680.22
5.Maruti Interior203.8052.43307.740.002.6865.4332.1476.5917.6957.6217.185.872.688.0010.640.18
6.Inflame Applian.292.7537.62219.300.003.52334.5776.3243.498.55129.3112.205.833.523.682.690.80
7.Gothi Plascon42.7525.0643.614.680.8137.291.4940.5718.854.6759.101.740.813.5310.070.18
–Median: 6 Co.285.3837.922513.790.013.5414.82231.9422.0718.46853.0416.0967.1413.544.5410.160.17

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
207302338226217233177229270257235274340
Expenses
198246284195188195165210233219198233292
Operating Profit
9575431293711193738374148
Other Income
1781668105724296
Profit before tax
214948211324271735252631
Tax %
23%24%25%29%28%26%-41%24%34%24%25%29%25%
Net Profit
16373515917351127191823
EPS in Rs
1.393.252.971.340.781.460.280.440.932.341.621.531.91

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1013425855207397289341,0901,181
Expenses
902894994456096627959201,004
Operating Profit
1153857513067139170177
Other Income
-4122161029122734
Interest
7952139138
Depreciation
82433302728548185
Profit before tax
-83250601126688103119
Net Profit
-72441417752667487
EPS in Rs
-2.630.923.613.576.784.535.756.217.27
Dividend Payout %
0%0%0%28%0%0%0%0%–

Compounded Profit Growth

10 Years:%
5 Years:7%
3 Years:-9%
TTM:24%

Compounded Sales Growth

10 Years:%
5 Years:13%
3 Years:14%
TTM:16%

Return on Equity

10 Years:%
5 Years:9%
3 Years:9%
Last Year:9%

Stock Price CAGR

10 Years:%
5 Years:9%
3 Years:-3%
1 Year:-29%

Balance Sheet

Standalone figures in ₹ crores

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
26-0.0011111111111212
Reserves
-42602643688756499569796839
Borrowings
152614311951659380
Other Liabilities
25120113124153245335230248
Total Liabilities
1627838118259228501,0801,1311,179
Fixed Assets
89290267283209353548583561
Gross Block
105.21344.54342.75387.64325.75459.20711.79814.72–
Accumulated Depreciation
15.9954.8875.90105.13117.18105.98164.19231.79–
CWIP
10154512224126187
Investments
-0175185312279146855062
Other Assets
63303313219412309421480549
Total Assets
1627838118259228501,0801,1311,179

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
1244501806812148-19
Cash from Investing Activity
-57-20-32-133-36-228-106-41
Cash from Financing Activity
45-17-22-44-16935556
Net Cash Flow
-07-5317-14-3-4

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
6286483830263634
Inventory Days
384646298210222154243299
Days Payable
183144606263448571
Cash Conversion Cycle
263588286185189136194262
Working Capital Days
-78122926399-6271
ROCE %
–11%9%8%17%6%14%12%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
70.30%70.28%70.27%70.20%70.18%70.18%67.41%64.70%64.67%64.65%64.63%64.61%
FIIs
2.07%2.14%2.15%0.71%0.78%0.85%1.87%0.96%0.80%0.28%0.35%0.43%
DIIs
0.19%0.19%0.19%1.32%1.39%1.45%3.81%5.15%5.44%6.27%6.13%6.07%
Public
27.45%27.39%27.40%27.77%27.65%27.51%26.91%29.17%29.08%28.79%28.88%28.86%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Borosil Limited receives regulatory confirmation on securities dematerialization for Q4 FY26

2nd April 2026, 11:33 pm

Promoter Shreevar Kheruka Acquires 85,443 Shares of Borosil Limited

1st April 2026, 5:28 pm

Borosil Limited Closes Trading Window from April 1, 2026, for Financial Results

27th March 2026, 4:09 pm

Borosil Limited's Production Hit by LPG Supply Disruption Due to Middle East Conflict

11th March 2026, 9:02 pm

Borosil Board Approves New Manufacturing Facility and Capacity Expansion

10th March 2026, 5:45 pm

Published by Other Websites

External media mentions & references

Oil Surge, Rupee Crash Send Sensex, Nifty Plunging; 360+ Stocks Hit 52-Week Lows

12th March 2026, 4:16 pm

Borosil Halts Jaipur Furnace Amid LPG Snag, Production Hit

12th March 2026, 3:36 pm

Borosil Shares Tumble 7% as LPG Supply Chain Crisis Halts Jaipur Production

12th March 2026, 10:52 am

Borosil Shares Plummet 6% on LPG Supply Halt Amid West Asia Conflict

12th March 2026, 10:28 am

LPG Supply Fears Propel Induction Appliance Stocks Higher

12th March 2026, 8:53 am

News Articles

Editorial & research coverage

Plastic Out, Glass In: India's Kitchenware Giants Chase Profit via Health Trend
Plastic Out, Glass In: India's Kitchenware Giants Chase Profit via Health Trend

31st December 2025, 1:46 pm

Borosil Revenue Grows 9%, But Bottle Woes Hit Margins
Borosil Revenue Grows 9%, But Bottle Woes Hit Margins

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

2 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025.

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Change in Management

24 Dec - Appointed Bhaunik Shah as Interim Company Secretary and Compliance Officer effective December 24, 2025; authorized KMP disclosures.

Appointment of Company Secretary and Compliance Officer

24 Dec - Interim Company Secretary Bhaunik Shah appointed effective Dec 24, 2025; authorized for exchange disclosures.

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

16 Dec - Of Allotment of 1,530 equity shares against stock options exercised under the Company''s ESOP scheme.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Credit Ratings

Rating update

9 Dec from icra

Rating update

6 Nov 2024 from icra

Rating update

22 Dec 2023 from icra

Rating update

20 Sep 2022 from icra

Rating update

16 Feb 2022 from icra

Rating update

13 Apr 2021 from icra

Concalls

Nov 2025

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Stock Analysis

Description

Borosil Limited is a well-established Indian company operating in two primary segments: Scientific & Industrial Products and Consumer Products, offering a range of glassware and related household items.

Key Growth Triggers

  1. Strategic expansion via its subsidiary Stylenest India Limited, including a new manufacturing unit for vacuum-insulated stainless-steel products.
  2. Significant investments in solar capacity expansion for cost savings and sustainability.
  3. Management's reiteration of medium-term revenue CAGR targets of 15-20%, driven by product innovation and market expansion.
  4. Leveraging India's consumption trends and the 'Make in India' initiative.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. While the current news is purely compliance, previous reports noted segment-specific challenges and regulatory impacts on B2B sales.

Key Dates To Watch

  1. The company is preparing for its Q3 FY26 financial results announcement, following the period for which the compliance certificate was filed.

Corporate Announcements

2nd Apr 26
Impact Rating: 5
Borosil Limited's registrar, MUFG Intime India, confirmed compliance with SEBI's depository regulations for the quarter ended March 31, 2026, validating dematerialization and listing processes.
1st Apr 26
Impact Rating: 7
Borosil Limited's Promoter, Shreevar Kheruka, has acquired 85,443 equity shares via open market purchase. The transaction took place between March 9-23, 2026. This purchase has slightly increased the promoter group's total shareholding to 64.69%.
27th Mar 26
Impact Rating: 6
Borosil Limited will enforce a trading window closure for its securities from April 1, 2026. This restriction is in line with SEBI regulations and will last until 48 hours after the announcement of the audited financial results for the fiscal year ending March 31, 2026.
11th Mar 26
Impact Rating: 7
Borosil Limited has informed exchanges about LPG supply restrictions impacting its Jaipur facilities. The Borosilicate Glass Furnace production is suspended, and Opal Glass Furnaces operate at lower capacities, following a force majeure event in the Middle East.
10th Mar 26
Impact Rating: 8
Borosil Limited announced board approval for a new manufacturing plant in Bharuch, Gujarat, requiring ₹42 crore in investment, with commercial production expected by December 2026. Additionally, the company will expand its Borosilicate Glass Furnace capacity in Jaipur from 25 TPD to 32 TPD, at an estimated cost of ₹50 crore, aligned with a January 2028 rebuild.