Borosil

₹343.1 -0.6 | 0.2%

WEBSITE BSE:543212 NSE : BOROLTD 10 May, 16:01

Market Cap ₹3931 Cr.

Stock P/E 43.2

P/B 4.2

Current Price ₹343.1

Book Value ₹ 81.4

Face Value 1

52W High ₹482.3

Dividend Yield 0%

52W Low ₹ 332

Edit Ratio

Borosil Research see more...

Equity Research: Borosil Limited

Overview Inc. Year: 2010Industry: Consumer Durables - Domestic Appliances

Borosil Ltd operates as glassware agency in India. It operates through Scientific ware, Consumer ware, and Investments segments. The enterprise offers science and industrial products, together with laboratory glassware, units, disposable plastics, liquid managing structures, explosion proof lighting fixtures glassware, glass ampoules, and tabular glass vials underneath the LabQuest brand name which can be utilized in pharmaceutical, studies and development, education, and healthcare sectors. It also offers primary glass packaging below the Klasspack name for pharma enterprise. In addition, the business enterprise offers customer glassware products, along with microwaveable kitchenware, opal dining ware, kitchen appliances, storage merchandise, lunch containers, and stainless-steel flasks underneath the Borosil logo name. Further, it engages within the investment activities. The organisation sells its products through distributors and retail outlets, as well as thru online platform. It also exports its merchandise to the Middle East, South East Asia, Africa, and U.S. The employer become previously known as Hopewell Tableware Ltd. Borosil Ltd was founded in 1962 and is based totally in Mumbai, India.

Borosil Share Price

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Borosil Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	222	260	220	216	271	207	259	251	312	302
Other Income	4	8	5	2	4	13	5	2	4	8
Total Income	226	268	225	218	275	220	264	253	316	310
Total Expenditure	175	221	180	189	233	198	219	224	266	246
Operating Profit	51	47	44	29	42	22	45	28	50	64
Interest	0	0	1	0	0	0	1	2	3	2
Depreciation	9	9	8	8	8	5	15	16	16	13
Exceptional Income / Expenses	-0	0	-5	5	0	4	0	0	0	0
Profit Before Tax	42	38	31	26	34	21	29	10	31	49
Provision for Tax	15	13	-3	7	8	5	6	4	8	12
Profit After Tax	27	25	35	19	25	16	22	6	24	37
Adjustments	-0	-0	-0	-0	-0	0	-0	1	1	0
Profit After Adjustments	27	25	34	19	25	16	22	7	24	37
Adjusted Earnings Per Share	2.3	2.2	3	1.7	2.2	1.4	1.9	0.6	2.1	3.3

Borosil Profit & Loss

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	365	636	585	840	1027	1124
Other Income	17	10	17	25	27	19
Total Income	382	646	602	865	1054	1143
Total Expenditure	312	558	503	697	903	955
Operating Profit	69	87	99	168	151	187
Interest	10	6	2	1	2	8
Depreciation	26	38	35	34	39	60
Exceptional Income / Expenses	0	0	0	-11	9	0
Profit Before Tax	33	44	61	122	119	119
Provision for Tax	9	8	19	37	29	30
Profit After Tax	25	35	42	85	90	89
Adjustments	0	0	-0	-2	-0	2
Profit After Adjustments	25	36	42	84	90	90
Adjusted Earnings Per Share	0	0	3.7	7.3	7.9	7.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	22%	17%	0%	0%
Operating Profit CAGR	-10%	20%	0%	0%
PAT CAGR	6%	37%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-13%	13%	NA%	NA%
ROE Average	11%	10%	8%	8%
ROCE Average	14%	13%	11%	11%

Borosil Balance Sheet

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	609	648	695	767	864
Minority's Interest	13	13	13	16	16
Borrowings	3	1	1	0	54
Other Non-Current Liabilities	12	7	18	23	28
Total Current Liabilities	175	170	133	149	248
Total Liabilities	812	839	859	955	1211
Fixed Assets	337	326	346	275	511
Other Non-Current Assets	115	133	76	122	140
Total Current Assets	360	380	437	496	523
Total Assets	812	839	859	955	1211

Borosil Cash Flow

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	9	3	7	23
Cash Flow from Operating Activities	40	53	186	77	64
Cash Flow from Investing Activities	-21	-33	-137	-37	-177
Cash Flow from Financing Activities	-17	-27	-45	-24	99
Net Cash Inflow / Outflow	2	-7	4	16	-14
Closing Cash & Cash Equivalent	9	3	7	23	9

Borosil Ratios

#	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0	0	3.69	7.33	7.85
CEPS(Rs)	0	6.45	6.82	10.43	11.31
DPS(Rs)	0	0	1	0	0
Book NAV/Share(Rs)	0	0	60.59	66.83	75.05
Core EBITDA Margin(%)	14.4	12.22	13.97	17.04	12.12
EBIT Margin(%)	11.89	7.73	10.89	14.66	11.8
Pre Tax Margin(%)	9.17	6.85	10.47	14.53	11.57
PAT Margin (%)	6.84	5.55	7.24	10.15	8.78
Cash Profit Margin (%)	13.92	11.57	13.31	14.18	12.6
ROA(%)	3.07	4.28	4.99	9.4	8.33
ROE(%)	4.18	5.67	6.32	11.72	11.13
ROCE(%)	6.37	7.12	9.09	16.76	14.03
Receivable days	91.23	51.6	48.34	30.57	29.57
Inventory Days	172.78	102.37	103.46	74.09	77.23
Payable days	159.08	71.41	72.13	64.44	52.71
PER(x)	0	0	45.78	45.18	41.69
Price/Book(x)	0	0	2.79	4.96	4.36
Dividend Yield(%)	0	0	0.59	0	0
EV/Net Sales(x)	0	0.09	3.3	4.47	3.73
EV/Core EBITDA(x)	0	0.67	19.44	22.32	25.35
Net Sales Growth(%)	0	74.19	-8.03	43.62	22.3
EBIT Growth(%)	0	13.22	29.56	93.43	-1.53
PAT Growth(%)	0	41.48	19.92	101.23	5.84
EPS Growth(%)	0	0	17.66	98.79	7.07
Debt/Equity(x)	0.12	0.08	0.01	0	0.11
Current Ratio(x)	2.06	2.24	3.27	3.34	2.11
Quick Ratio(x)	1.07	1.15	2.17	2.04	1.14
Interest Cover(x)	4.37	8.84	26.34	110.3	50.63
Total Debt/Mcap(x)	0	0	0	0	0.03

Borosil Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	70.44	70.44	70.4	70.33	70.3	70.28	70.28	70.21	70.18	70.18
FII	2.83	2.71	2.12	1.78	2.07	2.13	2.14	0.71	0.78	0.85
DII	0.08	0.06	0.14	0.17	0.19	0.19	0.2	1.32	1.39	1.46
Public	26.65	26.8	27.35	27.72	27.44	27.39	27.39	27.76	27.64	27.51
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	8.04	8.04	8.04	8.04	8.04	8.04	8.04	8.04	8.04	8.04
FII	0.32	0.31	0.24	0.2	0.24	0.24	0.25	0.08	0.09	0.1
DII	0.01	0.01	0.02	0.02	0.02	0.02	0.02	0.15	0.16	0.17
Public	3.04	3.06	3.12	3.17	3.14	3.13	3.13	3.18	3.17	3.15
Others	0	0	0	0	0	0	0	0	0	0
Total	11.42	11.42	11.42	11.43	11.44	11.44	11.44	11.45	11.46	11.46

Pros

Debtor days have improved from 64.44 to 52.71days.
Company is almost debt free.

Cons

Though the company is reporting repeated profits, it is not paying out dividend.
Company has a low return on equity of 10% over the last 3 years.
Stock is trading at 4.2 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Borosil

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Borosil Research see more...

Overview Inc. Year: 2010Industry: Consumer Durables - Domestic Appliances

Borosil Share Price

Alert Data

Quarterly Price

Peer Comparison

Borosil Quarterly Results

Borosil Profit & Loss

Growth Rates

Borosil Balance Sheet

Borosil Cash Flow

Borosil Ratios

Borosil Shareholding Pattern

Borosil News

Top Unlisted Companies & InstaBuy Companies

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