Borosil Renewables Ltd
BORORENEWBorosil Renewables Ltd
BORORENEW
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -149.86 | 7.45 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 41.39 | 7.73 | 0.48% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Borosil Glass Works manufactures scientific ware items and consumer ware items
Peers
Compare with peersHawkins Cookers Ltd
Borosil Ltd
La Opala R G Ltd
Wim Plast Ltd
Inflame Appliances Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 257.61 | 392.86 | 332.19 | 247.43 | 274.77 | 507.63 | 664.73 | 913.77 | 1,423.82 | 1,423.94 | ||||||||||
Raw Materials | 129.99 | 144.59 | 148.34 | 64.37 | 72.56 | 98.26 | 125.13 | 210.62 | 1,315.62 | 1,315.74 | ||||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 0.00 | 41.26 | 55.46 | 75.84 | 106.26 | 242.42 | ||||||||||||
| Employee Cost | 24.67 | 27.20 | 32.20 | 26.68 | 26.85 | 34.64 | 45.31 | 118.48 | ||||||||||||
| Selling & Administrative Expenses | 48.05 | 51.60 | 56.35 | 26.49 | 29.98 | 39.37 | 71.95 | 124.62 | ||||||||||||
| Operating & Other expenses | 33.42 | 24.56 | 19.54 | 24.13 | 49.87 | 56.80 | 51.07 | 54.79 | ||||||||||||
EBITDA | 21.48 | 144.91 | 75.76 | 64.50 | 40.05 | 202.72 | 265.01 | 162.84 | 108.20 | 108.20 | ||||||||||
| Depreciation/Amortization | 5.32 | 5.81 | 5.22 | 17.89 | 32.10 | 42.08 | 42.45 | 54.01 | 131.72 | 131.71 | ||||||||||
| PBIT | 16.16 | 139.10 | 70.54 | 46.61 | 7.95 | 160.64 | 222.56 | 108.83 | -23.52 | -23.51 | ||||||||||
| Interest & Other Items | 1.16 | 1.17 | 0.28 | 0.43 | 6.67 | 7.96 | 2.80 | 7.79 | 29.22 | 29.22 | ||||||||||
| PBT | 15.00 | 137.93 | 70.26 | 46.18 | 1.28 | 152.68 | 219.76 | 101.04 | -52.74 | -52.73 | ||||||||||
| Taxes & Other Items | -0.55 | 11.22 | 23.89 | -0.08 | 0.82 | 63.04 | 53.91 | 31.42 | -5.84 | -5.85 | ||||||||||
| Net Income | 15.55 | 126.71 | 46.37 | 46.26 | 0.46 | 89.64 | 165.85 | 69.62 | -46.90 | -46.88 | ||||||||||
| EPS | 0.37 | 3.45 | 1.26 | 1.26 | 0.02 | 7.34 | 12.74 | 5.34 | -3.59 | -3.59 | ||||||||||
| DPS | 0.16 | 0.16 | 0.16 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.43 | 0.05 | 0.12 | 0.13 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
Consumer DiscretionaryHousewares
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Borosil Renewables Ltd | -149.80 | 7.45 | — |
| Hawkins Cookers Ltd | 42.78 | 14.09 | 1.35% |
| Borosil Ltd | 67.11 | 5.02 | — |
| La Opala R G Ltd | 27.45 | 4.52 | — |
Price Comparison
Compare BORORENEW with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Borosil Renewables Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
UTI Innovation Fund - Direct Plan - Growth Option Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1167% | Percentage of the fund’s portfolio invested in the stock 1.17% | Change in the portfolio weight of the stock over the last 3 months -0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 24/29 (-1) |
Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0253% | Percentage of the fund’s portfolio invested in the stock 0.13% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 233/253 (-11) |
SBI Nifty Smallcap 250 Index Fund - Direct Plan - Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0167% | Percentage of the fund’s portfolio invested in the stock 0.13% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 234/253 (-11) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
BORORENEW has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateDec 18, 2019
Dividend/Share
₹0.65
Ex DateEx Date
Dec 18, 2019
Cash Dividend
Ex DateEx DateJul 11, 2018
Dividend/Share
₹2.50
Ex DateEx Date
Jul 11, 2018
Cash Dividend
Ex DateEx DateAug 2, 2017
Dividend/Share
₹25.00
Ex DateEx Date
Aug 2, 2017
Cash Dividend
Ex DateEx DateMar 17, 2016
Dividend/Share
₹25.00
Ex DateEx Date
Mar 17, 2016
Cash Dividend
Ex DateEx DateAug 20, 2015
Dividend/Share
₹25.00
Ex DateEx Date
Aug 20, 2015
The Finance Bill 2024, presented on 23 July 2024, proposed a 10% basic customs duty on solar glass imports starting 1 October 2024. This removes the previous exemption for solar tempered glass used in manufacturing solar cells and panels. This move aims to create a level playing field for domestic manufacturers like Borosil Renewables, India's leading producer of solar glass. Borosil Renewables is the first and only solar glass manufacturer in India. On a consolidated basis, the company reported net loss of Rs 48.07 crore in Q4 March 2024 as against net profit of Rs 10.10 crore in Q4 March 2023. Net sales declined 8.39% YoY to Rs 283.11 crore in Q4 March 2024. Powered by Capital Market - Live
Astrazeneca Pharma India Ltd, Asahi India Glass Ltd, Easy Trip Planners Ltd, Glaxosmithkline Pharmaceuticals Ltd are among the other stocks to see a surge in volumes on NSE today, 23 July 2024.Borosil Renewables Ltd saw volume of 202.03 lakh shares by 14:14 IST on NSE, a 37.66 fold spurt over two-week average daily volume of 5.36 lakh shares. The stock increased 8.98% to Rs.522.90. Volumes stood at 4.25 lakh shares in the last session.Astrazeneca Pharma India Ltd registered volume of 1.74 lakh shares by 14:14 IST on NSE, a 15.99 fold spurt over two-week average daily volume of 10883 shares. The stock rose 12.14% to Rs.7,005.30. Volumes stood at 11968 shares in the last session.Asahi India Glass Ltd notched up volume of 16.67 lakh shares by 14:14 IST on NSE, a 11.45 fold spurt over two-week average daily volume of 1.46 lakh shares. The stock rose 5.98% to Rs.681.95. Volumes stood at 3.91 lakh shares in the last session.Easy Trip Planners Ltd saw volume of 648.75 lakh shares by 14:14 IST on NSE, a 11.12 fold spurt over two-week average daily volume of 58.35 lakh shares. The stock increased 5.70% to Rs.42.30. Volumes stood at 37.71 lakh shares in the last session.Glaxosmithkline Pharmaceuticals Ltd clocked volume of 12.01 lakh shares by 14:14 IST on NSE, a 9.82 times surge over two-week average daily volume of 1.22 lakh shares. The stock gained 3.01% to Rs.2,700.00. Volumes stood at 1.93 lakh shares in the last session.Powered by Capital Market - Live
BRIEF-Borosil Glass Works - Production Resumes At SG2 Furnace At Bharuch Plant - Investing.com India
Ex-date for demerger of Borosil Renewables
Borosil Glass Works (₹211.4): Buy
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 41.91%, vs industry avg of 15.7%
Increasing Market Share
Over the last 5 years, market share increased from 10.45% to 28.99%