Borosil Renewables Share Price: Borosil Renewables Limited is a leading Indian solar glass manufacturer, founded in 1966. The company is headed by its Managing Director Shrivar Kheruk and is headquartered in Mumbai, Maharashtra.
A part of the Borosil Group, it holds the distinction of being India’s only solar glass manufacturer with a production capacity of 450 TPD (tonnes per day). According to the company’s official website, plans were made to expand the capacity by an additional 550 TPD for the financial year 2022-23.
Borosil Renewables stock is currently trading around Rs 500 after witnessing volatility in recent times.
This article discusses the risks associated with the stock market, provides Borosil Renewables stock price targets from 2024 to 2030, and explores the fundamentals, financial performance, shareholders, and competitors, thereby providing valuable information to investors.
Borosil Renewables Company Overview
| Company Name | Borosil Renewables Ltd. |
| Founded | 1962 |
| Headquarters | Mumbai |
| Industry | solar glass manufacturing |
| Executive Chairman | Pradeep Kumar Kheruka |
| Stock Exchange Listing | NSE & BSE |
| Official Website | borosilrenewables.com |
Borosil Renewables Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹7,233.46 Cr. |
| ROE | -1.90% |
| ROCE | 0.40% |
| P/E | 0 |
| P/B | 8.3 |
| Div. Yield | 0% |
| Book Value | ₹66.73 |
| Face Value | ₹1 |
| EPS (TTM) | ₹-1.18 |
| 52 Week High | ₹667.40 |
| 52 Week Low | ₹403.10 |
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Borosil Renewables Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 13.74B | 52.99% |
| Operating expense | 10.55B | 71.09% |
| Net income | -468.95M | -167.35% |
| Net profit margin | -3.41 | -144.00% |
| Earnings per share | — | — |
| EBITDA | 551.51M | -66.37% |
| Effective tax rate | 4.66% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 1.48B | 16.98% |
| Total assets | 16.84B | 3.17% |
| Total liabilities | 7.91B | 14.71% |
| Total equity | 8.93B | — |
| Shares outstanding | 130.54M | — |
| Price to book | 7.66 | — |
| Return on assets | -2.75% | — |
| Return on capital | -3.21% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | -468.95M | -167.35% |
| Cash from operations | 687.46M | 1,179.10% |
| Cash from investing | -2.15B | 10.74% |
| Cash from financing | 1.68B | -29.29% |
| Net change in cash | 214.47M | 314.42% |
| Free cash flow | -2.23B | 38.21% |
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Borosil Renewables Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Borosil Renewables Share Price Target 2024 | ₹601 |
| Borosil Renewables Share Price Target 2025 | ₹724 |
| Borosil Renewables Share Price Target 2026 | ₹867 |
| Borosil Renewables Share Price Target 2027 | ₹990 |
| Borosil Renewables Share Price Target 2028 | ₹1140 |
| Borosil Renewables Share Price Target 2029 | ₹1295 |
| Borosil Renewables Share Price Target 2030 | ₹1498 |
Borosil Renewables Shareholding Pattern
- Retail & Other: 33.99%
- Promoters: 61.60%
- Foreign Institutions: 4.19%
- Mutual Funds: 0.22%
- Other Domestic Institutions: 0.01%
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Borosil Renewables Competitors/Peer Companies
- La Opala RG
- Borosil Science
- Borosil
- Agarwal Tour & Travels
- Haldyn Glass
- Excel Glasses
- Banaras Beads
- Hindusthan National Glass (HNG)
Also Read: Future Consumer Share Price Target
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FAQs
-
Is Borosil Renewables a good buy?
Yes.
-
Is Borosil an Indian company?
Yes.
-
What is the Borosil Renewables Target Price 2025?
724 INR.
-
What is the Borosil Renewables Target Price 2026?
867 INR.
-
What is the Borosil Renewables Target Price 2030?
1498 INR.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
