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BOROSIL RENEWABLES LTD Share Price Update

As of the latest trading session, BOROSIL RENEWABLES LTD is trading at ₹509.45, down by ₹-2.44 or -0.47% from its previous close. The stock has moved between ₹504.45 and ₹518.45 today. Over the past year, the stock has delivered a return of -5.86%. In the last month, it has returned -1.56%.

BOROSIL RENEWABLES LTD performance

Today’s low Today’s high
₹ 504.45 ₹ 518.45
₹ 508.65
52 week low 52 week high
₹ 374.40 ₹ 721.00
₹ 508.65
Open Price ₹ 514.95
Prev. Close ₹ 511.90
Volume (Shares) 396301.00
Total traded value ₹ 2015.78
Upper Circuit ₹ 614.25
Lower Circuit ₹ 409.55
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Investment Returns

Over 1 Month -1.56% Over 3 Months 7.76% Over 6 Months -13.37% Over 1 Year -5.86%
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BOROSIL RENEWABLES LTD fundamentals


  • Market cap (Cr) 7,135.50
  • P/E Ratio (TTM) 344.05
  • Beta 1.42
  • Book Value / share 90.55
  • Return on equity 3.43%
  • EPS (TTM) 26.05
  • Dividend yield 0.00%
  • Net profit/quarter (Cr) 169.01
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  • Market cap (Cr) 7,143.20
  • P/E Ratio (TTM) 344.05
  • Beta 1.39
  • Book Value / share 90.55
  • Return on equity 3.43%
  • EPS (TTM) 26.05
  • Dividend yield 0.00%
  • Net profit/quarter (Cr) 169.01
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BOROSIL RENEWABLES LTD Financials

  • Key Results
  • Key Ratios
  • Balance sheet
  • Cash Flow
  • Competition
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Revenue
Net income
Particulars MAR 2026 (Values in Cr)
Revenue 437.62
Operating Expense 326.51
Net Profit 169.01
Net Profit Margin (%) 38.62
Earnings Per Share (EPS) 12.06
EBITDA 144.62
Effective Tax Rate (%) -40.80
Particulars DEC 2025 (Values in Cr)
Revenue 386.50
Operating Expense 289.55
Net Profit 78.26
Net Profit Margin (%) 20.24
Earnings Per Share (EPS) 5.63
EBITDA 129.03
Effective Tax Rate (%) 24.81
Particulars SEP 2025 (Values in Cr)
Revenue 378.44
Operating Expense 280.21
Net Profit 45.82
Net Profit Margin (%) 12.10
Earnings Per Share (EPS) 3.44
EBITDA 91.64
Effective Tax Rate (%) 30.75
Particulars JUN 2025 (Values in Cr)
Revenue 332.26
Operating Expense 271.22
Net Profit -272.35
Net Profit Margin (%) -81.96
Earnings Per Share (EPS) -20.54
EBITDA -233.37
Effective Tax Rate (%) -5.00
Particulars MAR 2025 (Values in Cr)
Revenue 327.23
Operating Expense 289.14
Net Profit 33.13
Net Profit Margin (%) 10.12
Earnings Per Share (EPS) 2.52
EBITDA 77.03
Effective Tax Rate (%) 26.29
Particulars MAR 2026 (Values in Cr)
Revenue 1534.83
Operating Expense 1167.49
Net Profit 20.74
Net Profit Margin (%) 1.35
Earnings Per Share (EPS) 1.52
EBITDA 131.89
Effective Tax Rate (%) 32.94
Particulars MAR 2025 (Values in Cr)
Revenue 1109.94
Operating Expense 1079.57
Net Profit 33.47
Net Profit Margin (%) 3.01
Earnings Per Share (EPS) 2.56
EBITDA 180.51
Effective Tax Rate (%) 28.57
Particulars MAR 2024 (Values in Cr)
Revenue 990.28
Operating Expense 1029.11
Net Profit -16.52
Net Profit Margin (%) -1.66
Earnings Per Share (EPS) -1.27
EBITDA 118.93
Effective Tax Rate (%) 22.53
Particulars MAR 2023 (Values in Cr)
Revenue 688.17
Operating Expense 587.93
Net Profit 88.54
Net Profit Margin (%) 12.86
Earnings Per Share (EPS) 6.79
EBITDA 176.56
Effective Tax Rate (%) 25.68
Particulars MAR 2022 (Values in Cr)
Revenue 644.22
Operating Expense 444.97
Net Profit 165.85
Net Profit Margin (%) 25.74
Earnings Per Share (EPS) 12.74
EBITDA 265.01
Effective Tax Rate (%) 24.53
Particulars MAR 2025 (Values in Cr)
Book Value / Share 68.25
ROE % -11.13
ROCE % -4.43
Total Debt to Total Equity 0.44
EBITDA Margin 5.10
Particulars MAR 2024 (Values in Cr)
Book Value / Share 66.88
ROE % -9.20
ROCE % -3.97
Total Debt to Total Equity 0.56
EBITDA Margin 5.53
Particulars MAR 2023 (Values in Cr)
Book Value / Share 70.45
ROE % 7.68
ROCE % 8.05
Total Debt to Total Equity 0.46
EBITDA Margin 18.21
Particulars MAR 2019 (Values in Cr)
Book Value / Share 91.83
ROE % 7.21
ROCE % 10.68
Total Debt to Total Equity 0.10
EBITDA Margin 18.80
Particulars MAR 2018 (Values in Cr)
Book Value / Share 353.21
ROE % 6.21
ROCE % 9.73
Total Debt to Total Equity 0.07
EBITDA Margin 18.84
Particulars MAR 2025 (Values in Cr)
Book Value / Share 75.18
ROE % 3.43
ROCE % 5.68
Total Debt to Total Equity 0.31
EBITDA Margin 16.26
Particulars MAR 2024 (Values in Cr)
Book Value / Share 66.02
ROE % -1.90
ROCE % 0.40
Total Debt to Total Equity 0.41
EBITDA Margin 12.01
Particulars MAR 2023 (Values in Cr)
Book Value / Share 67.25
ROE % 10.65
ROCE % 11.57
Total Debt to Total Equity 0.31
EBITDA Margin 25.66
Particulars MAR 2022 (Values in Cr)
Book Value / Share 60.21
ROE % 23.70
ROCE % 27.15
Total Debt to Total Equity 0.17
EBITDA Margin 41.14
Particulars MAR 2021 (Values in Cr)
Book Value / Share 47.24
ROE % 19.05
ROCE % 28.81
Total Debt to Total Equity 0.18
EBITDA Margin 40.36
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 69.15
Total Assets 1454.46
Total Liabilities 1454.46
Total Equity 999.70
Share Outstanding 13
Price to Book Ratio 6.37
Return on Assets (%) -4.78
Return on Capital (%) -5.56
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 165.58
Total Assets 1683.95
Total Liabilities 1683.95
Total Equity 892.76
Share Outstanding 13
Price to Book Ratio 7.54
Return on Assets (%) -2.78
Return on Capital (%) -3.2
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 132.68
Total Assets 1632.24
Total Liabilities 1632.24
Total Equity 942.52
Share Outstanding 13
Price to Book Ratio 6.13
Return on Assets (%) 4.26
Return on Capital (%) 5.12
Particulars MAR 2019 (Values in Cr)
Cash & Short Term Investments 14.15
Total Assets 1199.76
Total Liabilities 1199.76
Total Equity 925.95
Share Outstanding 9
Price to Book Ratio 5.88
Return on Assets (%) 4.54
Return on Capital (%) 5.28
Particulars MAR 2018 (Values in Cr)
Cash & Short Term Investments 13.90
Total Assets 1074.51
Total Liabilities 1074.51
Total Equity 875.48
Share Outstanding 2
Price to Book Ratio 2.33
Return on Assets (%) 4.20
Return on Capital (%) 4.93
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 10.59
Total Assets 1514.10
Total Liabilities 1514.10
Total Equity 1089.31
Share Outstanding 13
Price to Book Ratio 6.37
Return on Assets (%) 2.21
Return on Capital (%) 2.5
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 33.31
Total Assets 1349.45
Total Liabilities 1349.45
Total Equity 861.75
Share Outstanding 13
Price to Book Ratio 7.54
Return on Assets (%) -1.22
Return on Capital (%) -1.36
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 7.42
Total Assets 1391.39
Total Liabilities 1391.39
Total Equity 877.59
Share Outstanding 13
Price to Book Ratio 6.13
Return on Assets (%) 6.36
Return on Capital (%) 7.14
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 18.30
Total Assets 1055.43
Total Liabilities 1055.43
Total Equity 784.88
Share Outstanding 13
Price to Book Ratio 9.64
Return on Assets (%) 15.71
Return on Capital (%) 17.6
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 8.75
Total Assets 782.86
Total Liabilities 782.86
Total Equity 614.54
Share Outstanding 13
Price to Book Ratio 5.21
Return on Assets (%) 11.45
Return on Capital (%) 13.26
Particulars MAR 2025 (Values in Cr)
Net Income -74.38
Cash from Operations 108.16
Cash from Investing -142.06
Cash from Financing -52.68
Net change in Cash -94.95
Free Cash Flow 217.30
Particulars MAR 2024 (Values in Cr)
Net Income -52.72
Cash from Operations 88.59
Cash from Investing -215.26
Cash from Financing 167.96
Net change in Cash 21.44
Free Cash Flow 305.27
Particulars MAR 2023 (Values in Cr)
Net Income 101.04
Cash from Operations 7.31
Cash from Investing -241.16
Cash from Financing 237.53
Net change in Cash -10.00
Free Cash Flow 354.81
Particulars MAR 2019 (Values in Cr)
Net Income 91.84
Cash from Operations 0.65
Cash from Investing -25.74
Cash from Financing 39.83
Net change in Cash -10.41
Free Cash Flow 193.15
Particulars MAR 2018 (Values in Cr)
Net Income 75.86
Cash from Operations 123.56
Cash from Investing -67.00
Cash from Financing -30.52
Net change in Cash 5.56
Free Cash Flow 207.65
Particulars MAR 2025 (Values in Cr)
Net Income 46.85
Cash from Operations 183.64
Cash from Investing -341.89
Cash from Financing 141.58
Net change in Cash -13.85
Free Cash Flow 240.95
Particulars MAR 2024 (Values in Cr)
Net Income -21.33
Cash from Operations 96.62
Cash from Investing -85.87
Cash from Financing 8.04
Net change in Cash 14.43
Free Cash Flow 175.02
Particulars MAR 2023 (Values in Cr)
Net Income 119.14
Cash from Operations 40.84
Cash from Investing -220.68
Cash from Financing 184.64
Net change in Cash -10.39
Free Cash Flow 355.71
Particulars MAR 2022 (Values in Cr)
Net Income 219.76
Cash from Operations 239.68
Cash from Investing -259.99
Cash from Financing 95.89
Net change in Cash 9.30
Free Cash Flow 612.90
Particulars MAR 2021 (Values in Cr)
Net Income 152.68
Cash from Operations 184.52
Cash from Investing -331.87
Cash from Financing 172.20
Net change in Cash 1.36
Free Cash Flow 211.37
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
ASAHI INDIA GLASS LIMITED 854.95 69.51 5.88 21795.00 689.80 1072.95
HALDYN GLASS LTD 112.25 23.00 2.57 603.36 70.40 154.65
SEJAL GLASS LIMITED 790.00 31.34 6.57 900.60 387.15 1037.80
Borosil Limited 229.25 35.32 3.09 2741.55 213.55 398.40
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
ASAHI INDIA GLASS LIMITED 854.95 72.51 5.74 21795.00 689.80 1072.95
SAINT-GOBAIN SEKURIT INDIA LTD 106.29 21.13 3.98 968.41 80.00 126.40
EXCEL GLASSES LTD. 0.92 0.00 -0.09 6.56 0.00 0.00
HALDYN GLASS LTD 112.25 30.67 2.66 603.36 70.40 154.65

BOROSIL RENEWABLES LTD shareholding pattern

Holding
34.63%
58.77%
4.27%
2.32%
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News

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BOROSIL RENEWABLES LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
508.65 -0.63 redarrow
red-green-graph indicator
12 Bearish
4 Bullish
  • 5 Days 513.50
  • 26 Days 509.80
  • 10 Days 517.90
  • 50 Days 497.10
  • 12 Days 518.30
  • 100 Days 500.90
  • 20 Days 514.60
  • 200 Days 517.20
514.98 PIVOT
First Support 504.97 First Resistance 521.92 Second Support 498.03 Second Resistance 531.93 Third Support 488.02 Third Resistance 538.87
RSI 49.88 ADX 34.68 MACD 8.55 Williams % R -76.09 Commodity Channel Index (CCI) -51.98
Date 2026-05-22 Week 357730.00 Same Day 188759.00 Month 346478.00
1 Year 1.43 3 Year 1.27
Over 1 Month
-1.56% down
Over 1 Year
-5.86% down
Over 3 Months
7.76% down
Over 3 Years
0.00% down
Over 6 Months
-13.37% down
Over 5 Years
12.51% down

BOROSIL RENEWABLES LTD Corporate Actions

Dividend date Dividend amount Dividend type Record date Instrument type
18 Dec 2019 0.65 Final 20 Dec 2019 Equity shares
11 Jul 2018 2.5 Final 13 Jul 2018 Equity shares
02 Aug 2017 25.0 Final 04 Aug 2017 Equity shares
17 Mar 2016 25.0 Interim 18 Mar 2016 Equity shares
20 Aug 2015 25.0 Final 22 Aug 2015 Equity shares
04 Aug 2014 20.0 Final 06 Aug 2014 Equity shares
31 Jul 2013 15.0 Final 02 Aug 2013 Equity shares
02 Aug 2012 15.0 Final 04 Aug 2012 Equity shares
03 Aug 2011 15.0 Final 05 Aug 2011 Equity shares
02 Nov 2010 25.0 Interim 03 Nov 2010 Equity shares
08 Aug 2007 3.0 Final 10 Aug 2007 Equity shares
19 Jul 2005 0.0 Final 21 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
03 Aug 2018 02 Aug 2018 3:1
Ex-Date Old FV NEW FV Record Date
14 Sep 2017 10.0 1.0 15 Sep 2017
Dividend date Dividend amount Dividend type Record date Instrument type
18 Dec 2019 0.65 Final 20 Dec 2019 Equity shares
11 Jul 2018 2.5 Final 13 Jul 2018 Equity shares
02 Aug 2017 25.0 Final 04 Aug 2017 Equity shares
17 Mar 2016 25.0 Interim 18 Mar 2016 Equity shares
20 Aug 2015 25.0 Final 22 Aug 2015 Equity shares
04 Aug 2014 20.0 Final 06 Aug 2014 Equity shares
31 Jul 2013 15.0 Final 02 Aug 2013 Equity shares
02 Aug 2012 15.0 Final 04 Aug 2012 Equity shares
03 Aug 2011 15.0 Final 05 Aug 2011 Equity shares
02 Nov 2010 25.0 Interim 03 Nov 2010 Equity shares
08 Aug 2007 3.0 Final 10 Aug 2007 Equity shares
19 Jul 2005 0.0 Final 21 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
03 Aug 2018 02 Aug 2018 3:1
Ex-Date Old FV NEW FV Record Date
14 Sep 2017 10.0 1.0 15 Sep 2017

Top Gainers

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Top Losers

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Borosil Renewables Share Result Highlights

ParticularsSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
Revenue₹264.94 Cr₹241.40 Cr₹227.23 Cr₹240.65 Cr₹280.17 Cr
Operating Expense₹253.37 Cr₹249.39 Cr₹250.08 Cr₹260.33 Cr₹292.64 Cr
Net Profit₹12.62 Cr-₹3.64 Cr-₹13.37 Cr-₹11.04 Cr-₹5.80 Cr
Net Profit Margin4.76%-1.50%-5.88%-4.58%-2.07%
Earnings Per Share₹0.97-₹0.28-₹1.02-₹0.85-₹0.44
EBITDA₹52.87 Cr₹29.72 Cr₹13.12 Cr₹22.68 Cr₹26.59 Cr
Effective Tax Rate27.67%27.05%23.77%28.21%15.94%

Key Highlights

  • Borosil Renewables share price impacted by fluctuations in profit.
  • Strong recovery in Sep 2024 with net profit of ₹12.62 crore.
  • Previous quarters show negative profits, with significant losses in Mar and Dec 2024.
  • Borosil Renewables share price performance expected to improve with recovery.

Borosil Renewables Share Annual Reports

ParticularsMar 2024
Revenue₹985.87 Cr
Operating Expense₹1029.11 Cr
Net Profit-₹16.52 Cr
Net Profit Margin-1.67%
Earnings Per Share-₹1.27
EBITDA₹118.93 Cr
Effective Tax Rate22.53%

Key Highlights

  • Borosil Renewables share price has faced challenges with a negative net profit in Mar 2024.
  • Despite the loss, EBITDA stood at ₹118.93 Cr, showing strong operational performance.
  • The company experienced a decline in revenue in Mar 2024, reflecting tough market conditions.
  • The Borosil Renewables share price continues to be sensitive to broader economic factors.

Borosil Renewables Share Dividend

DateDividend Amount (₹)Dividend TypeRecord Date
18 Dec 2019₹0.65Final20 Dec 2019
11 Jul 2018₹2.5Final13 Jul 2018
02 Aug 2017₹25Final04 Aug 2017
17 Mar 2016₹25Interim18 Mar 2016
20 Aug 2015₹25Final22 Aug 2015

Key Highlights

  • Borosil Renewables share price has been supported by periodic dividend payouts.
  • The company has consistently paid dividends, with a notable ₹25 per share in 2017 and 2015.
  • Dividend yield has been an important aspect for investors, though currently, there is no active dividend.
  • The Borosil Renewables share price performance is influenced by both financial results and dividend trends.

Popular FAQs

1. Who is the CEO of Borosil Renewables Ltd?

As of now, the CEO of Borosil Renewables Ltd is Mr. Shreevar Kheruka. He plays a pivotal role in leading the company through its growth and development, ensuring its market leadership in the solar glass manufacturing sector. Under his leadership, Borosil Renewables Ltd has made significant strides in technology, sustainability, and capacity expansion, including the development of advanced solar glass products. His vision has been crucial to the company's ability to maintain and increase the Borosil Renewables share price over time.

 

2. When was Borosil Renewables Ltd established?

Borosil Renewables Ltd, originally known as Borosil Glass Works Limited, was established on December 14th, 1962. The company initially aimed to acquire the undertaking of the Industrial and Engineering Apparatus Company Pvt. Ltd. Over the decades, Borosil Renewables Ltd has expanded its operations to become a leading player in the solar glass industry. The name change to Borosil Renewables Ltd took place on February 11, 2020, marking a new chapter for the company as it focused on renewable energy solutions.

 

3. What factors influence the Borosil Renewables Share Price?

The Borosil Renewables share price is influenced by several key factors including the company’s financial performance, market conditions, and developments in the solar industry. Changes in revenue, operating expenses, net profit, and technological advancements in solar glass products play a significant role in shaping investor sentiment. Additionally, industry-specific developments such as government policies on renewable energy, changes in raw material costs, and the company’s capacity expansions also impact the stock's performance. Market competition, investor sentiment, and economic conditions further affect share price movement.

 

4. Is Borosil Renewables Ltd debt-free?

Borosil Renewables Ltd is not entirely debt-free. However, it has made significant efforts to manage its finances effectively. The company has raised funds through various means, including a Qualified Institutional Placement (QIP) in 2020, which raised ₹200 crore for its project expansion. Despite some debt, Borosil Renewables Ltd has been able to maintain a strong balance sheet and continue expanding its operations, particularly in the solar glass segment. This financial management plays a role in sustaining the Borosil Renewables share price over the long term.

 

5. What is the CAGR of Borosil Renewables Share?

The Borosil Renewables share price has shown significant growth over the long term. Over the past 10 years, the compound annual growth rate (CAGR) stands at 44%, reflecting the company's consistent performance and expansion. Over the last 5 years, the share price has grown at a CAGR of 58%, showing strong growth in the company's solar glass division and its strategic acquisitions. However, in the last 3 years, the share price has experienced a slight decline, with a CAGR of -9%. Despite this, long-term growth remains robust.

 

6. How has the Borosil Renewables Share Price performed over the past year?

Over the past year, the Borosil Renewables share price has seen a modest growth of 2%. Despite fluctuations in the stock market, the company’s strategic investments, including the commissioning of the SG-3 Furnace and acquisition of key subsidiaries, have helped maintain a positive outlook for the company. This relatively stable performance reflects investor confidence despite broader market challenges.

BOROSIL RENEWABLES LTD Share Price

Borosil Renewables Limited, formerly known as Borosil Glass Works Limited was established on December 14, 1962 mainly to acquire the undertaking of the Industrial and Engineering Apparatus Company Pvt. Ltd. The name of Company changed from Borosil Glass Works Limited to Borosil Renewables Limited on February 11, 2020 vide Certificate of Incorporation issued by the Registrar of Companies, Mumbai.

The Company is engaged in manufacturing of extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Green houses. It manufactures borosilicate tyre neutral and heat-resistant tubing and rods, scientific apparatus, laboratory glassware, etc. Its plants are located in Tamil Nadu and Maharashtra.

In 1963, a technical collaboration agreement was entered into with Corning Glass Works, New York. The company has subsidiary, namely Gujarat Borosil.

In 1995-96, the Company has come out with a modernization programme as well as a diversification programme. As part of the modernization programme, it proposes to manufacture borosilicate glass tubings in the Marol plant. As part of its diversification programme, the company has envisaged a new project at its Marai Malai Nagar plant for the manufacture of heat resistant borosilicate opal tableware.

The sale of imported consumerware under the brand name Borosil International and Boromoili Rocco have performed well during 2000-2001. Gujarat Borosil Ltd ceased to be a subsidiary of the company from 30th March 2002. In 2002-03 the company entered into a contract with Amercian Consultant for supply of designs,drawings,equipments and technical know-how for upgradation of furnace No 1 by enhancing its capacity from 12 MT to 22 MT per day.

In 2010, the company set up India's first and the only solar glass productino line with 180 tons per day facility in Bharuch, Gujarat.

In 2013, it introduced Anti-reflecting Coating for solar glass which was the first of its kind in India.

In 2014, it developed world's first Antimony-free solar Glass.

In 2017, it developed World's first fully tempered solar glass in 2mm thickness.

In 2018, pursuant to the Composite Scheme of Amalgamation and Arrangement between Vyline Glass Works Limited (VGWL) and Fennel Investment and Finance Private Limited (FIFPL) and Gujarat Borosil Limited (GBL) and Borosil Glass Works Limited (the Demerged Company or BGWL) - BGWL renamed as Borosil Renewables Limited (BRL) and Borosil Limited (Formerly known as Hopewell Tableware Limited) and their Respective Shareholders and Creditors, Vyline Glass Works Ltd (VGWL), Fennel Investment and Finance Private Limited (FIFPL) and Gujarat Borosil Limited (GBL) with Borosil Glass Works Ltd (BGWL)- BGWL got amalgamated with the Company and the Scientific and Industrial products and Consumer products businesses of Borosil Renewables Limited (BRL), along with the Scientific and Industrial products and Consumer products business of VGWL was demerged into Borosil Limited (BL) from October 01, 2018 and the said Scheme became effective from February 12, 2020.

Pursuant to the Scheme, Borosil Afrasia FZE, Klass Pack Limited, Borosil Technologies Limited and Acalypha Realty Limited ceased to be subsidiaries of the Company and became subsidiaries of Borosil Limited.

During the year 2019, the Company commissioned its new furnace and processing facilities and achieved commercial production of glass on 01st August, 2019.

In 2019, it expanded it capacity to 450 tons per day(equivalent to 2.5 GW/annum) and introduced Shakti : Solar glass in the matt-matt finish and Selene: Antiglare solar glass for PV installations near Airports.

In 2020, Vyline Glass Works Ltd., Fennel Investment and Finance Pvt. Ltd. and Gujarat Borosil Ltd. had merged with the Company and Scientific and Industrial products and Consumer products businesses got demerged into Borosil Ltd.

In 2019-20, the Company added a second furnace with a capacity of 240 MT/day, which was commissioned in August 2019 and also rebuilt first furnace with an enhanced capacity to 210 MT/day, which resumed operations in December 2019.

In December 2020, the Company made a Qualified Institution Placement (QIP) Issue at an issue price of Rs. 126.55 and garnered Rs. 200 Crore (Approx.) for part financing of project SG3 (3rd furnace of the Company).

In October 2022, the Company, through its wholly owned subsidiaries viz. Geosphere Glassworks GmbH and Laxman AG had acquired majority stake of 86% in GMB Glasmanufaktur Brandenburg GmbH (GMB), based in Germany and Interfloat Corporation, based in Liechtenstein. Pursuant to this acquisition, Interfloat and GMB were made step-down subsidiaries of the Company with effect from October 21, 2022. Geosphere Glassworks GmbH, Laxman AG, GMB Glasmanufaktur Brandenburg GmbH and Interfloat Corporation became Subsidiaries of the Company in 2022-23. The Company subscribed to 31.2% equity shares of Renew Green (GJS Two) Private Limited (RGPL) through which, it was made an Associate of the Company.

The SG-3 Furnace and processing facilities were commissioned in February, 2023. Company increased the capacity by 550 TPD, achieving a total of 1,000 TPD in India in 2024. In FY 2024, 10 MW solar-wind hybrid power project was commissioned. Besides, grid printed solar glass and enhanced glass textures launched in FY 2024.

Manufacturing capacities in solar modules crossed 90 GW, creating structural demand for solar glass in FY 2025. The expansion capacity of solar glass plant was scaled up to 600 TPD in FY25. Company launched a fully tempered 2 mm solar glass product during the year.

Parent organization B L Khureka
NSE symbol BORORENEW
Founded 1962
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Board Of Directors

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P K Kheruka Chairman & Exec. Director
Shreevar Kheruka Vice Chairman / Non Indepe. Non Executive Director
Ashok Jain Non Executive Director
Raj Kumar Jain Independent Non Exe. Director
Sunil Kishanlal Roongta Executive Director / Whole Time Director / CFO
Akshay Chudasama Independent Non Exe. Director
Shailendra Shukla Independent Non Exe. Director
Vanaja N Sarna Independent Non Exe. Director
Kishor Harish Talreja Company Sec. & Compli. Officer
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Frequently Asked Questions

What is the Current Share Price of Borosil Renewables Ltd?

Answer Field

Borosil Renewables Ltd share price is for NSE ₹ 509.45 & for BSE ₹ 510.25 as on May 22 2026 03:29 PM.

What is the Market Cap of Borosil Renewables Ltd Share?

Answer Field

The market cap of Borosil Renewables Ltd for NSE ₹ 0.00 & for BSE ₹ 0.00 as on May 22 2026 03:29 PM.

What is the 52 Week High and Low of Borosil Renewables Ltd?

Answer Field

The 52 Week High and Low of Borosil Renewables Ltd for NSE is ₹ 721.00 and ₹ 374.40 and for BSE is ₹ 720.85 and ₹ 374.70.

What is 1 year return for Borosil Renewables Ltd?

Answer Field

The 1 year returns on the stock has been -5.86%.

What is the P/E Ratio of Borosil Renewables Ltd Share?

Answer Field

As on May 22 2026 03:29 PM the price-to-earnings (PE) ratio for Borosil Renewables Ltd share is 344.05.

What is the PB ratio of Borosil Renewables Ltd Share?

Answer Field

As on May 22 2026 03:29 PM, the price-to-book (PB) ratio for Borosil Renewables Ltd share is 90.55.

How to Buy Borosil Renewables Ltd Share?

Answer Field

You can trade in Borosil Renewables Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Borosil Renewables Ltd Share on Bajaj Broking App?

Answer Field

To buy Borosil Renewables Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Borosil Renewables Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

Who is the CEO of Borosil Renewables Ltd?

Answer Field

As of now, the CEO of Borosil Renewables Ltd is Mr. Shreevar Kheruka. He plays a pivotal role in leading the company through its growth and development, ensuring its market leadership in the solar glass manufacturing sector. Under his leadership, Borosil Renewables Ltd has made significant strides in technology, sustainability, and capacity expansion, including the development of advanced solar glass products. His vision has been crucial to the company's ability to maintain and increase the Borosil Renewables share price over time.

When was Borosil Renewables Ltd established?

Answer Field

Borosil Renewables Ltd, originally known as Borosil Glass Works Limited, was established on December 14th, 1962. The company initially aimed to acquire the undertaking of the Industrial and Engineering Apparatus Company Pvt. Ltd. Over the decades, Borosil Renewables Ltd has expanded its operations to become a leading player in the solar glass industry. The name change to Borosil Renewables Ltd took place on February 11, 2020, marking a new chapter for the company as it focused on renewable energy solutions.

What factors influence the Borosil Renewables Share Price?

Answer Field

The Borosil Renewables share price is influenced by several key factors including the company’s financial performance, market conditions, and developments in the solar industry. Changes in revenue, operating expenses, net profit, and technological advancements in solar glass products play a significant role in shaping investor sentiment. Additionally, industry-specific developments such as government policies on renewable energy, changes in raw material costs, and the company’s capacity expansions also impact the stock's performance. Market competition, investor sentiment, and economic conditions further affect share price movement.

Is Borosil Renewables Ltd debt-free?

Answer Field

Borosil Renewables Ltd is not entirely debt-free. However, it has made significant efforts to manage its finances effectively. The company has raised funds through various means, including a Qualified Institutional Placement (QIP) in 2020, which raised ₹200 crore for its project expansion. Despite some debt, Borosil Renewables Ltd has been able to maintain a strong balance sheet and continue expanding its operations, particularly in the solar glass segment. This financial management plays a role in sustaining the Borosil Renewables share price over the long term.

What is the CAGR of Borosil Renewables Share?

Answer Field

The Borosil Renewables share price has shown significant growth over the long term. Over the past 10 years, the compound annual growth rate (CAGR) stands at 44%, reflecting the company's consistent performance and expansion. Over the last 5 years, the share price has grown at a CAGR of 58%, showing strong growth in the company's solar glass division and its strategic acquisitions. However, in the last 3 years, the share price has experienced a slight decline, with a CAGR of -9%. Despite this, long-term growth remains robust.

How has the Borosil Renewables Share Price performed over the past year?

Answer Field

Over the past year, the Borosil Renewables share price has seen a modest growth of 2%. Despite fluctuations in the stock market, the company’s strategic investments, including the commissioning of the SG-3 Furnace and acquisition of key subsidiaries, have helped maintain a positive outlook for the company. This relatively stable performance reflects investor confidence despite broader market challenges.

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Email | Contact No.: 020-4857 4486 

Investment in the securities involves risks, investor should consult his own advisors/consultant to determine the merits and risks of investment.

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Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities. There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. This research report has been prepared and distributed byBajaj Financial Securities Limited in the capacity of a Research Analyst as per Regulation 22(1) of SEBI (Research Analysts) Regulations 2014 having SEBI Registration No. INH000010043. 

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ADDITIONAL DISCLAIMER FOR U.S. PERSONS

Bajaj Financial Securities Limited is not a registered broker-dealer under the U.S. Securities Exchange Act of 1934, as amended (the"1934 act") and under applicable state laws in the United States. In addition, Bajaj Financial Securities Limited is not a registered investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act" and together with the 1934 Act, the "Acts), and under applicable state laws in the United States. Accordingly, in the absence of specific exemption under the Acts, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for U.S. persons. This email message does not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services and/or shall not be considered as an advertisement tool. "U.S. Persons" are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed "US Persons" under certain rules.  

ADDITIONAL DISCLAIMER FOR CANADIAN PERSONS

Bajaj Financial Securities Limited is not a registered adviser or dealer under applicable Canadian securities laws nor has it obtained an exemption from the adviser and/or dealer registration requirements under such law. Accordingly, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for Canadian persons.  

This mailer and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services.  

DISCLAIMER FOR REPORT

DISCLOSURES UNDER THE PROVISIONS OF SEBI (RESEARCH ANALYSTS) REGULATIONS 2014 (REGULATIONS)

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities.  

This Report has been prepared by Bajaj Financial Securities Limited in the capacity of a Research Analyst having SEBI Registration No. INH000010043 and distributed as per SEBI (Research Analysts) Regulations 2014. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors.  

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Bajaj Financial Securities Limited and its associates, officer, directors, and employees, research analyst (including relatives) worldwide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies), mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/company(ies) discussed herein or act as advisor or lender/borrower to such company(ies) or have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Bajaj Financial Securities Limited may have proprietary long/short position in the above-mentioned scrip(s) and therefore should be considered as interested. The views provided herein are general in nature and do not consider risk appetite or investment objective of any particular investor; readers are requested to take independent professional advice before investing. This should not be construed as invitation or solicitation to do business with Bajaj Financial Securities Limited.  

Bajaj Financial Securities Limited or its associates may have received compensation from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates have not received any compensation or other benefits from the Subject Company or third party in connection with the research report. Research analyst or his/her relative or Bajaj Financial Securities Limited’s associates may have financial interest in the subject company. Bajaj Financial Securities Limited, its associates, research analyst and his/her relative may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance.  

Research analyst has served as an officer, director or employee of subject Company: No  

Bajaj Financial Securities Limited has financial interest in the subject companies: No  

Bajaj Financial Securities Limited’s Associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report.  

Research analyst or his/her relative has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Bajaj Financial Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Subject company may have been client during twelve months preceding the date of distribution of the research report.  

There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. A graph of daily closing prices of the securities is also available at NSE

ANALYST CERTIFICATION

The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report.  

RISK DISCLOSURE ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

BROKERAGE DISCLAIMER

All leveraged intraday positions will be squared off on the same day. There is no restriction on the withdrawal of the unutilised margin amount. Brokerage will not exceed the SEBI prescribed limit. Visit : Pricing

MTF 

As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).  

US INVESTING

International investment is not supervised by any regulatory body in India. Thus, any claim or dispute relating to such investment or enforcement of any agreement/contract /claim will not be under laws and regulations of the recognized stock exchanges and investor protection under Indian Securities Law. The account opening process will be carried out on Vested platform and Bajaj Financial Securities Limited will not have any role in it.  

IPO 

This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.  

SCREENERS 

Screeners is not Exchange-approved products and any disputes related to the same will not be dealt on the Exchange platform. 

SECURITIES 

Securities quoted are exemplary and not recommendatory. 

IPV 

Account would be open after all procedure relating to IPV and client due diligence is completed. 

IMAGES 

The images used are only for representation purpose. Proper due diligence has been done for the images and the image is not of any artist. The same is captured from royalty free sites.

THIRD PARTY PRODUCT DISCLAIMER

Bajaj Financial Securities Limited is a distributor for Non-Broking Products/Services such as Mutual Funds, Mutual Funds SIP, IPO, Bonds, Insurance, PMS, Global Investing, any other third-party products/services. These are not Exchange Traded Products, and we are only acting as distributors. All disputes with respect to the distribution activity, would not have access to SCORES/ODR, Exchange investor redressal forum or Arbitration mechanism. Please refer to the detailed disclaimer for Third-Party Products.

DISCLOSURE TO CLIENTS REGARDING PAYOUT OF FUNDS

As per SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 dated June 08, 2023, Stockbrokers are required to upstream the entire client funds lying with them to the Clearing Corporation. Based on client’s request the funds’ release request must be placed with the Clearing Corporation. Based on the internal process and cut-off timelines of the Clearing Corporation the funds will be released to the Stock Broker. In view of this new process, as specified by the regulatory and the cut-off time of Clearing Corporation/Banks processing the funds, Bajaj Financial Securities Limited cannot commit the exact time for releasing funds payout to its client. Clients are requested to note that, Bajaj Financial Securities Limited will not be responsible for any inconvenience caused to clients due to delay in release of funds payout, including fines, delayed charges, defaults, etc.