MoneyWorks4Me

Borosil Ltd (BOROLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543212 NSE: BOROLTD Consumer Durables - Domestic Appliances | Small Cap | Borosil Share Price

₹264.60 4.40 (1.69%)

As on 25-Sep'26 16:59

Borosil Ltd (BOROLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543212 NSE: BOROLTD Consumer Durables - Domestic Appliances | Small Cap | Borosil Share Price

₹264.60 4.40 (1.69%)

As on 25-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,164 Cr.
Current Price
₹264.6
52-Week Low / High
₹214 / 365
TTM EPS
₹5.9
TTM Sales
₹1,217 Cr.
Book Value per Share
₹74.6
P/E Ratio
45.17
Lower than its 5-year historical median
Industry PE
49.2
Price to Book (P/B)
3.55
Lower than its 5-year historical median
Price to Sales (P/S)
2.60
Lower than its 5-year historical median
EV/EBITDA
17.15
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
8.88%
In line with industry median
Return on Capital Employed (ROCE)
11.26%
Underperforms industry median
Return on Assets (ROA)
6.19%
Operating Profit Margin
14.2%
Net Profit Margin
6.24%
Gross Profit Margin
16%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
8.13%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-0.82%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
0.58%
Asset Quality
Promoter Holding
64.68%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹880 Cr.
Equity
₹12 Cr.
Face Value
₹1
All Time Low / High
₹132.00 / 516.10

Borosil stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Undervalued

Price Trend

Strong
Q.1 Is Borosil Ltd a good quality company?
Borosil Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Borosil Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Borosil Ltd vs industry peers?
Borosil Ltd revenue CAGR is 15.38%, compared to the industry median CAGR of 6.10%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Borosil Ltd?
Promoters hold 64.68% of the Borosil Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Borosil Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 4.29% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Borosil Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ0%0%6.1%8%8.9%15.3%10%14.5%14.3%11.6%-
Value Creation
Index ⓘ
NANA-0.6-0.4-0.40.1-0.30.00.0-0.2-

Growth Parameters ⓘ

Sales ⓘ003455915277507429491,1081,1981,222
Sales YoY Gr.-NANA71.1%-10.8%42.3%-1.2%27.9%16.8%8.1%-
Adj EPS ⓘ0003.83.37.22.95.35.26.46
YoY Gr.-NANANA-12%116.3%-59.1%81.6%-2.8%23%-
BVPS (₹) ⓘ00057.46166.944.250.267.173.674.7
Adj Net
Profit ⓘ
0028.442.937.781.733.66161.776.172
Cash Flow from Ops. ⓘ0043.849.818068.412148-19.3127-
Debt/CF from Ops. ⓘ001.40.9000.73.2-40.8-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNA17.8%17.3%8.1%
Adj EPS ⓘNA14%29.5%23%
BVPSⓘNA3.8%18.6%9.6%
Share Price - 4% -12.7% -25.1%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
004.66.85.611.15.311.28.998.1
Op. Profit
Mgn % ⓘ
0016.413.914.217.2914.515.614.213.6
Net Profit
Mgn % ⓘ
008.27.37.210.94.56.45.66.45.9
Debt to
Equity ⓘ
000.10.1000.20.30.10.1-
Working Cap
Days ⓘ
00018718113014413014715883
Cash Conv.
Cycle ⓘ
0001261187781779811245

Valuation of Borosil - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales3656365858407429491,1081,196
Operating Expenses ⓘ + 3125585036976778129381,027
Manufacturing Costs9612489154118171215217
Material Costs97222243308343380407473
Employee Cost 4379841036487113125
Other Costs ⓘ 7613386132152174203212
Operating Profit ⓘ 53788214365136170169
Operating Profit Margin (%) 14.4%12.2%14.0%17.0%8.7%14.3%15.4%14.1%
Other Income ⓘ + 1710172522142730
Exceptional Items ⓘ 000-11900-4
Interest ⓘ 1062139137
Depreciation ⓘ 2638353428548187
Profit Before Tax ⓘ 3344611226688103101
Tax ⓘ 98193714222926
Profit After Tax 2535428552667475
PAT Margin (%) 6.8%5.6%7.2%10.2%7.0%6.9%6.7%6.2%
Adjusted EPS (₹)0.03.13.77.34.55.86.26.2
Dividend Payout Ratio (%)0%0%27.10%0%0%0%0%0%
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 598648691763505575802879
Share Capital ⓘ 011.4111.4111.4211.4411.4611.9511.96
Reserves ⓘ 598637680752494564790867
Debt +6550707512762113
Long Term Debt3110539343103
Short Term Debt62496022341810
Minority Interest131313160000
Trade Payables4245525741887973
Others Liabilities ⓘ 948496119229289188217
Total Liabilities ⓘ 8128398599558501,0801,1311,282

Fixed Assets

Net Fixed Assets ⓘ +337326346275352547582531
Gross Block402417473420458711813828
Accumulated Depreciation6592127145105164231297
CWIP ⓘ 16461325412618105
Investments ⓘ 125119245197146855083
Inventories173184148193144253333366
Trade Receivables918966745191101107
Cash Equivalents 10482910723
Others Assets ⓘ 607233161105714586
Total Assets ⓘ 8128398599558501,0801,1311,282
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 40531867712148-19119
PBT ⓘ 3344611226688103101
Adjustment ⓘ 294832262577584
Changes in Working Capital ⓘ -11-29102-4367-80-180-49
Tax Paid ⓘ -11-9-9-28-14-17-17-16
Cash Flow From Investing Activity ⓘ + -21-33-137-37-228-106-41-165
Capex -24-50-20-85-197-174-97-136
Net Investments 28-11862-576642-29
Others ⓘ 191-14271140
Cash Flow From Financing Activity ⓘ + -17-27-45-2493555648
Net Proceeds from Shares ⓘ 0011431511
Net Proceeds from Borrowing ⓘ 8-8-1-16654-6167
Interest Paid ⓘ -11-5-2-1-1-12-15-7
Dividend Paid ⓘ 000-110000
Others ⓘ -14-14-43-102410-19-13
Net Cash Flow ⓘ 2-7416-14-3-42
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)4.185.676.3211.728.1812.210.788.88
ROCE (%)6.377.129.0916.7610.0414.514.3311.26
Asset Turnover Ratio0.450.770.690.930.820.9810.99
PAT to CFO Conversion(x)1.61.514.430.912.330.73-0.261.59
Working Capital Days
Receivable Days91.2051.6048.3030.6030.9027.5031.7031.80
Inventory Days172.80102.40103.5074.1083.1076.4096.50106.70
Payable Days159.1071.4072.1064.4052.2062.2075.2058.70

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Borosil Ltd FAQs

The current trading price of Borosil on 25-Sep-2026 16:59 is ₹264.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Sep-2026 the market cap of Borosil stood at ₹3,164.3 Cr

The latest P/E ratio of Borosil as of 24-Sep-2026 is 44.12.

The latest P/B ratio of Borosil as of 24-Sep-2026 is 3.54.

The 52-week high of Borosil is ₹365.3 and the 52-week low is ₹213.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Borosil is ₹1,222 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Borosil Ltd is a below average quality company.

The key valuation ratios of Borosil Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Borosil Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Borosil Ltd

Established in 1962 with humble beginnings, the company started life as the “Industrial & Engineering Apparatus Company Pvt Ltd” founded by Dr. Lele. Even at that time, the company had the lofty vision of being an internationally recognized scientific glass producer. Many things have changed since then - however, its core remains the same - to provide its worldwide customers with solutions that improve their lives.

Today, the company functions under two listed companies - Borosil Ltd, which consists of its consumer products and life sciences division, and Borosil Renewables Ltd., which manufactures and sells solar glass. Borosil enjoys the patronage of millions of customers across India and the globe. In fact, it is proud to say that its products touch its customer's lives in many ways, from school to the home to the workspace.

The National Company Law Tribunal, Mumbai Bench (NCLT), vide its Order pronounced on January 15, 2020, approved the Composite Scheme of Amalgamation and Arrangement ('Scheme') which provided for: (a) Amalgamation of Vyline Glass Works Limited (VGWL), Fennel Investment and Finance Private Limited (FIFPL) and Gujarat Borosil Limited ('GBL') with Borosil Glass Works Limited ('Demerged Company' or 'BGWL') [name changed to Borosil Renewables Limited (BRL)]; and (b) Demerger of the Scientific and Industrial products and Consumer products business of BGWL along with the scientific and industrial products and consumer products business (vested in BGWL pursuant to amalgamation of VGWL with BGWL) into Borosil Limited (‘the Resulting Company’ or ‘BL’).

The Scheme became effective from 12th February, 2020. Appointed date of the Scheme is 1st October 2018. Accordingly, post demerger, Borosil Renewables Limited is carrying on Solar Glass Business and Borosil Limited is carrying on the Scientific and Industrial Product Business and Consumer Product Business including opal ware business.

Business area of the company

Company is engaged in the business of manufacturing and trading of Scientific and Industrial Products (SIP) and Consumer Products (CP). SIP consist of laboratory glassware, instruments, disposable plastics, liquid handling systems and explosion proof lighting glassware. CP consist of microwavable and flameproof kitchenware, glass tumblers, tableware and dinnerware, Appliances and Storage products

History and milestones

  • 1962: Borosil is born as a Public Limited Company to acquire the existing business of Industrial & Engineering Apparatus Company Pvt Ltd, set up by Dr.Lele. The name is inspired by borosilicate glass, the company's main product category. The company begins to sell products under the 'Borosil' brand.
  • 1963: Corning Glass Works, USA joins Borosil Ltd as a Technical and Financial Collaborator. Borosil starts using the Corning brand as well.
  • 1964: Corning becomes the majority shareholder.
  • 1970: Borosil introduces the iconic Vision Glass as its first consumer product, which soon becomes India's most loved and recognized glass.
  • 1981: Following a directive from the Government of India to promote local brands, all products are now sold under the Borosil brand.
  • 1988: Corning divests its entire shareholding to a company promoted by the Kheruka family.
  • 1991: Gujarat Borosil, a subsidiary of Borosil, is set up to manufacture architectural glass with a 230 ton per day facility in Bharuch, Gujarat.
  • 1993: Within 5 years, the company's turnover triples/doubles and profit doubles.
  • 1999: Borosil introduces Borosil International, a range of imported consumer glassware that enjoys instant popularity.
  • 2000: With the growing popularity of microwaves, Borosil, which is already synonymous with heat proof glass, becomes the default choice of housewives for microwavable utensils.
  • 2008: Vyline Glassworks sets up a state of the art manufacturing facility in Bharuch, Gujarat for laboratory and consumer glassware.
  • 2010: Gujarat Borosil sets up India's first and only solar glass production line with an 180 ton per day facility in Bharuch, Gujarat.
  • 2013: Gujarat Borosil introduces anti reflective coating for solar glass, a first of its kind in India. Vyline sets up a second manufacturing facility in Tarapur, Maharashtra for manufacturing its laboratory range
  • 2014: Gujarat Borosil makes the world's first antimony free solar glass.
  • 2015: Borosil diversifies its consumer product range to include small kitchen appliances Borosil launches Labquest - its entry into laboratory instruments.
  • 2016: Borosil acquires Hopewell Tableware Pvt. Ltd in Jaipur, Rajasthan. Borosil acquires controlling interest in Klasspack Pvt Ltd, in Nasik, Maharashtra and enters the pharmaceutical primary packaging market. Borosil launches its first glass lunch box, which is an instant success with its anti-plastic messaging
  • 2017: Gujarat Borosil produces the world's first fully 2 mm solar glass, facilitating a revolutionary 30% increase in solar module efficiency.
  • 2018: Vyline Glassworks Ltd and Hopewell Tableware Pvt Ltd merge into Borosil Ltd.
  • 2019: Borosil Technologies Limited with a mandate to research, design, develop laboratory equipment is set up at Hinjewadi, Pune, India. Borosil's Labquest range of laboratory equipment is manufactured by Borosil Technologies Limited.
  • 2020: The trading in equity shares of the company i.e. Borosil Limited commenced from 22nd July, 2020 on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE).
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now