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Borosil Renewables Ltd share price logo

Borosil Renewables Ltd

(BORORENEW)

₹602.51.18%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Borosil Renewables Ltd Performance

  • Day's Low

    Day's High

    ₹587.8
    Day's Price Range
    ₹613.2
  • 52 Week's Low

    52 Week's High

    ₹402.8
    52-Week Price Range
    ₹669.35
1 Month Return+ 42.72 %
3 Month Return+ 22.71 %
1 Year Return+ 43.39 %
Previous Close₹609.70
Open₹610.00
Volume7.55L
Upper Circuit-
Lower Circuit-
Market Cap₹8,188.57Cr

Borosil Renewables Ltd Key Statistics

P/E Ratio-92.24
PEG Ratio10.18
Market Cap₹8,188.57 Cr
P/B Ratio7.54
EPS-3.85
Dividend Yield0
SectorGlass & Glass Products
ROE-1.9

Borosil Renewables Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹8,188.57 Cr289.18%0.65-₹51 Cr₹1,369 Cr
BUY₹18,569.90 Cr46.12%0.50₹651 Cr₹5,014 Cr
BUY₹41,109.59 Cr170.6%0.53₹580 Cr₹8,104 Cr
HOLD₹15,294.76 Cr26.02%0.54₹473 Cr₹4,317 Cr
HOLD₹41,439.17 Cr137.52%0.55₹783 Cr₹3,830 Cr

About Borosil Renewables Ltd

Borosil Renewables Ltd, founded in 1983, is a leading Indian renewable energy company and a subsidiary of the Borosil Group. The company is headquartered in Mumbai, India and provides a wide range of renewable energy solutions, including solar, wind, biomass and hydropower. The company also offers energy storage solutions, such as solar batteries, and energy efficiency solutions, such as LED lighting.

Borosil Renewables Ltd has a strong presence in the solar energy sector, with solar photovoltaic (PV) systems, solar water heating systems and solar street lighting solutions. The company also offers wind energy solutions, including wind turbines, and biomass solutions, such as biogas and biofuel. In addition, Borosil Renewables Ltd offers energy storage solutions, such as solar batteries, and energy efficiency solutions, such as LED lighting.

The company has a portfolio of popular brands, including Borosil Solar, Borosil Wind, Borosil Biomass and Borosil Energy Storage. Its top products include solar PV systems, solar water heating systems, wind turbines, solar batteries and LED lighting solutions.

Share Price: ₹602.50 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹8,188.57Cr as of today
Revenue: ₹372.42Cr as on September 2024 (Q3 24)
Net Profit: ₹-13.13Cr as on September 2024 (Q3 24)
Listing date: 04 Jul, 1997
Chairperson Name: P K Kheruka
OrganisationBorosil Renewables Ltd
Headquarters
IndustryGlass & Glass Products
E-voting on sharesClick here to vote

Key events for Borosil Renewables Ltd

  • Borosil Renewables Plans Expansion and Fundraising - 18 Dec, 2024

    Borosil Renewables Ltd has approved a ₹675 crore expansion plan and a ₹700 crore fundraising strategy, including issuing warrants and equity shares to support growth amid market recovery.
  • Borosil Renewables Targets Margin Growth Amid Price Hikes - 10 Dec, 2024

    Borosil Renewables intends to increase prices following anti-dumping duties on solar glass imports, aiming for mid-20% margins by early 2025. The company has seen a 38% rise in shares over the past year.
  • Concerns Over Anti-Dumping Duties Affecting Borosil Renewables - 09 Dec, 2024

    Power developers express concerns regarding new anti-dumping duties on solar glass imports, which range from $565 to $677 per metric tonne. The duties, prompted by a complaint from the Solar Ancillary Manufacturers Association, aim to protect domestic manufacturers like Borosil Renewables and bolster India's solar manufacturing capabilities.
  • Borosil Renewables Gains from Anti-Dumping Duty Announcement - 06 Dec, 2024

    Borosil Renewables Ltd's share price surged after the Finance Ministry announced a provisional anti-dumping duty on imports of solar glass from China and Vietnam, effective December 4, 2024. This measure aims to protect domestic manufacturers from unfair trade practices.
  • Borosil Renewables Seeks Anti-Dumping Duty Amid Growth Potential - 02 Dec, 2024

    Borosil Renewables, India's largest solar glass manufacturer, reports strong sales growth and seeks anti-dumping duties on imports from China and Vietnam. The company shows promising financials with a profit and significant market share.
  • Borosil Renewables Appoints New CEO - 29 Nov, 2024

    Borosil Renewables has appointed Melwyn Moses as Chief Executive Officer, effective December 2. Moses brings extensive experience from UPL Corporation and other notable companies.
  • Borosil Renewables Appoints New CEO Melwyn Moses - 28 Nov, 2024

    Borosil Renewables has appointed Melwyn Moses as CEO, effective December 2, 2024. Moses brings extensive experience from UPL Corporation and a strong track record in leadership and sustainability.
  • Borosil Renewables Reports Decline in Sales and Losses - 25 Nov, 2024

    Borosil Renewables reported a 7.28% decline in net sales to Rs 372.42 crore for September 2024, with a quarterly net loss of Rs 9.75 crore. EBITDA also decreased by 6.95%. The stock has seen a -14.35% return over the last six months.

Insights on Borosil Renewables Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, -48.07 Cr → -9.75 Cr (in ₹), with an average increase of 151.9% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 288.23 Cr → 378.34 Cr (in ₹), with an average increase of 12.0% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.84% to 33.99% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, BORORENEW stock has moved up by 42.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 61.60% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 334.5% return, outperforming this stock by 339.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 52.7% return, outperforming this stock by 9.3%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.23% to 0.22% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 4.32% to 4.19% in Sep 2024 quarter

Borosil Renewables Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹401.66Cr (-)₹330.01Cr (↓17.84%)₹283.11Cr (↓14.21%)₹370.79Cr (↑30.97%)₹372.42Cr (↑0.44%)
Net Income₹30.47Cr (-)-₹15.89Cr (↓152.15%)-₹53.32Cr (↑235.56%)-₹14.24Cr (↓73.29%)-₹13.13Cr (↓7.79%)
Net Profit Margin7.59% (-)-4.82% (↓163.50%)-18.83% (↑290.66%)-3.84% (↓79.61%)-3.53% (↓8.07%)
Value in ₹ crore
Details2021202220232024
Total Assets₹800.47Cr (-)₹1,058.20Cr (↑32.20%)₹1,397.07Cr (↑32.02%)₹1,364.48Cr (↓2.33%)
Total Liabilities₹185.94Cr (-)₹273.31Cr (↑46.99%)₹519.47Cr (↑90.07%)₹502.73Cr (↓3.22%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹26.20Cr (-)₹161.04Cr (↑514.66%)₹173.41Cr (↑7.68%)₹25.64Cr (↓85.21%)₹92.39Cr (↑260.34%)

Index Inclusions

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Borosil Renewables Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
61.6%
-0.01
Foreign Institutions
4.19%
-2.99
Mutual Funds
0.22%
-5.34
Retail Investors
33.99%
0.44
Others
0.01%
-25.55

Borosil Renewables Ltd Key Indicators

Details20202021202220232024
Return On Equity %0.1819.0523.710.65-1.9
Details201920232024
Return On Assets %12.774.98-3.44
Details20172018201920232024
Book Value Per Share (₹)20.8522.2223.170.4566.88
Details20172018201920232024
Earning Per Share (₹)3.731.341.635.41-3.85

Borosil Renewables Ltd Valuation

Borosil Renewables Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-152.56x)

April 3, 2024

Today (-92.24x)

December 19, 2024

Industry (47.04x)

December 19, 2024

Highest (733.26x)

January 31, 2024

LowHigh

Borosil Renewables Ltd Earnings and Dividends

  • Borosil Renewables Ltd Earnings Results

    Borosil Renewables Ltd’s net profit fell -138.92% since last year same period to ₹-9.75Cr in the Q2 2024-2025. On a quarterly growth basis, Borosil Renewables Ltd has generated 24.77% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Borosil Renewables Ltd Dividends May,2019

    In the quarter ending March 2019, Borosil Renewables Ltd has declared dividend of ₹0.65 - translating a dividend yield of 0.52%.

    Read More about Dividends

Borosil Renewables Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Borosil Renewables Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Borosil Renewables Ltd

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Borosil Renewables Ltd (BORORENEW) share price today is ₹602.5

Borosil Renewables Ltd is listed on NSE

Borosil Renewables Ltd is listed on BSE

  • Today’s highest price of Borosil Renewables Ltd is ₹613.2.
  • Today’s lowest price of Borosil Renewables Ltd is ₹587.8.

PE Ratio of Borosil Renewables Ltd is -92.24

PE ratio = Borosil Renewables Ltd Market price per share / Borosil Renewables Ltd Earnings per share

Today’s traded volume of Borosil Renewables Ltd(BORORENEW) is 7.55L.

Today’s market capitalisation of Borosil Renewables Ltd(BORORENEW) is ₹8188.57Cr.

Borosil Renewables Ltd(BORORENEWPrice
52 Week High
₹669.35
52 Week Low
₹402.8

Borosil Renewables Ltd(BORORENEW) share price is ₹602.5. It is down -9.99% from its 52 Week High price of ₹669.35

Borosil Renewables Ltd(BORORENEW) share price is ₹602.5. It is up 49.58% from its 52 Week Low price of ₹402.8

Borosil Renewables Ltd(BORORENEWReturns
1 Day Returns
-7.2%
1 Month Returns
42.72%
3 Month Returns
22.71%
1 Year Returns
43.39%