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Borosil Overview

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 Klas...Read More

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Borosil Key Financials

Market Cap ₹2923 Cr.

Stock P/E 39.4

P/B 3.3

Current Price ₹244.4

Book Value ₹ 73.1

Face Value 1

52W High ₹398.4

Dividend Yield 0%

52W Low ₹ 213.6

Borosil Share Price

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Volume
Price

Borosil Quarterly Price

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Borosil Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 235 304 233 221 278 338 270 233 340 339
Other Income 2 6 2 3 5 16 2 10 6 6
Total Income 237 310 236 225 283 354 272 243 346 345
Total Expenditure 198 246 210 188 233 284 233 195 292 286
Operating Profit 39 64 26 37 50 71 39 47 54 59
Interest 2 2 3 4 4 2 2 2 1 1
Depreciation 12 13 16 19 20 21 20 22 22 22
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -4
Profit Before Tax 25 49 7 13 26 48 17 23 30 32
Provision for Tax 6 12 2 4 8 12 6 6 8 8
Profit After Tax 19 37 5 9 18 35 11 17 23 24
Adjustments 0 0 0 0 0 -0 0 0 0 -0
Profit After Adjustments 19 37 5 9 18 35 11 17 23 24
Adjusted Earnings Per Share 1.6 3.3 0.4 0.8 1.5 3 0.9 1.5 1.9 2

Borosil Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 365 636 585 840 742 949 1108 1182
Other Income 17 10 17 25 22 14 27 24
Total Income 382 646 602 865 764 963 1135 1206
Total Expenditure 312 558 503 697 677 812 938 1006
Operating Profit 69 87 99 168 87 151 197 199
Interest 10 6 2 1 3 9 13 6
Depreciation 26 38 35 34 28 54 81 86
Exceptional Income / Expenses 0 0 0 -11 9 0 0 -4
Profit Before Tax 33 44 61 122 66 88 103 102
Provision for Tax 9 8 19 37 14 22 29 28
Profit After Tax 25 35 42 85 52 66 74 75
Adjustments 0 0 -0 -2 0 0 0 0
Profit After Adjustments 25 36 42 84 52 66 74 75
Adjusted Earnings Per Share 0 3.1 3.7 7.3 4.5 5.7 6.2 6.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 10% 12% 0%
Operating Profit CAGR 30% 5% 18% 0%
PAT CAGR 12% -5% 16% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -28% -16% 5% NA%
ROE Average 11% 10% 10% 8%
ROCE Average 14% 13% 13% 11%

Borosil Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 609 648 695 767 510 580 808
Minority's Interest 13 13 13 16 0 0 0
Borrowings 3 1 1 0 53 93 43
Other Non-Current Liabilities 12 7 18 23 14 22 29
Total Current Liabilities 175 170 133 149 273 385 251
Total Liabilities 812 839 859 955 850 1080 1131
Fixed Assets 337 326 346 275 352 547 582
Other Non-Current Assets 115 133 76 122 117 78 57
Total Current Assets 360 379 437 496 344 455 492
Total Assets 812 839 859 955 850 1080 1131

Borosil Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 9 3 7 22 8 5
Cash Flow from Operating Activities 40 53 186 77 121 48 -19
Cash Flow from Investing Activities -21 -33 -137 -37 -228 -106 -41
Cash Flow from Financing Activities -17 -27 -45 -24 93 55 56
Net Cash Inflow / Outflow 2 -7 4 16 -14 -3 -4
Closing Cash & Cash Equivalent 9 3 7 23 8 5 1

Borosil Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 3.14 3.69 7.33 4.53 5.75 6.21
CEPS(Rs) 0 6.45 6.82 10.43 6.94 10.45 12.99
DPS(Rs) 0 0 1 0 0 0 0
Book NAV/Share(Rs) 0 56.81 60.59 66.83 44.14 50.19 67.12
Core EBITDA Margin(%) 14.4 12.22 13.97 17.04 8.71 14.35 15.35
EBIT Margin(%) 11.89 7.73 10.89 14.66 9.24 10.18 10.47
Pre Tax Margin(%) 9.17 6.85 10.47 14.53 8.9 9.26 9.32
PAT Margin (%) 6.84 5.55 7.24 10.15 7 6.94 6.7
Cash Profit Margin (%) 13.92 11.57 13.31 14.18 10.71 12.63 14.02
ROA(%) 3.07 4.28 4.99 9.4 5.75 6.83 6.72
ROE(%) 4.18 5.67 6.32 11.72 8.18 12.2 10.78
ROCE(%) 6.37 7.12 9.09 16.76 10.04 14.5 14.33
Receivable days 91.23 51.6 48.34 30.57 30.92 27.46 31.74
Inventory Days 172.78 102.37 103.46 74.09 83.12 76.42 96.51
Payable days 159.08 71.41 72.13 64.44 52.17 62.16 75.24
PER(x) 0 0 45.78 45.18 72.21 62.12 53.82
Price/Book(x) 0 0 2.79 4.96 7.42 7.12 4.98
Dividend Yield(%) 0 0 0.59 0 0 0 0
EV/Net Sales(x) 0 0.09 3.3 4.47 5.16 4.47 3.68
EV/Core EBITDA(x) 0 0.67 19.44 22.32 44.09 28.16 20.66
Net Sales Growth(%) 0 74.19 -8.03 43.62 -11.7 27.91 16.79
EBIT Growth(%) 0 13.22 29.56 93.43 -44.35 40.98 20.11
PAT Growth(%) 0 41.48 19.92 101.23 -39.14 26.98 12.7
EPS Growth(%) 0 0 17.66 98.79 -38.18 26.79 8.05
Debt/Equity(x) 0.12 0.08 0.01 0 0.17 0.27 0.1
Current Ratio(x) 2.06 2.23 3.27 3.34 1.26 1.18 1.96
Quick Ratio(x) 1.07 1.15 2.17 2.04 0.73 0.53 0.64
Interest Cover(x) 4.37 8.84 26.34 110.3 27.26 11.02 9.08
Total Debt/Mcap(x) 0 0 0 0 0.02 0.04 0.02

Borosil Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 70.18 70.18 67.41 64.71 64.68 64.65 64.63 64.62 64.62 64.69
FII 0.78 0.85 1.87 0.97 0.8 0.29 0.35 0.44 0.35 0.34
DII 1.39 1.46 3.81 5.15 5.44 6.27 6.13 6.07 6.1 6.18
Public 27.64 27.51 26.91 29.18 29.09 28.79 28.89 28.88 28.93 28.8
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Borosil News

Borosil Pros & Cons

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 10% over the last 3 years.
  • Debtor days have increased from 62.16 to 75.24days.
  • Stock is trading at 3.3 times its book value.
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