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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 502219 | NSE: BORORENEW

Fundamental Analysis of Borosil Renewables Ltd

About the Company - Borosil Renewables Ltd

Borosil Renewables Ltd. is a Public Limited Listed company incorporated on 14/12/1962 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L26100MH1962PLC012538 and registration number is 012538. Currently Company is involved in the business activities of Manufacture of glass in primary or semi-manufactured forms (such as sheets & plate glass) including mirror sheets and wired, coloured, tinted, toughened or laminated glass. Company’s Total Operating Revenue is Rs. 644.22 Cr. and Equity Capital is Rs. 13.04 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Glass & Glass Products1101, Crescenzo, G-Block, Opp. MCA Club, Mumbai Maharashtra 400051investor.relations@borosilrenewables.com
http://www.borosilrenewables.com
Management
NamePosition Held
Mr. Pradeep Kumar KherukaExecutive Chairman
Mr. Shreevar KherukaVice Chairman
Mr. Ashok JainWhole Time Director
Mrs. Shalini KamathIndependent Director
Mr. Pradeep Vasudev BhideIndependent Director
Mr. Syed Asif IbrahimIndependent Director
Mr. Haigreve KhaitanIndependent Director
Mr. Raj Kumar JainIndependent Director
Mr. Ramaswami Velayudhan PillaiNon Executive Director

Basic Stock Data of Borosil Renewables Ltd

Last Updated: May 13, 2024, 12:11 pm

Market Cap 6,463 Cr.
Current Price 495
High / Low669/391
Stock P/E
Book Value 71.6
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 1.00
PEG Ratio0.00

Borosil Renewables Ltd Quarterly Results

MonthJun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales155200223183173232266170169246309354402
Expenses134168192164156202227122127227275328369
Operating Profit21333119173038484219342632
OPM %14%16%14%10%10%13%14%28%25%8%11%7%8%
Other Income99121073532105837
Interest12222340025910
Depreciation11111211121517111113203231
Profit before tax1828291610172340331414-729
Tax %34%25%41%40%20%21%25%25%26%57%27%-71%-4%
Net Profit12211710813173024610-1230
EPS in Rs1.141.951.820.991.021.722.072.311.850.400.77-0.641.92

Borosil Renewables Ltd Quarterly Chart

Borosil Renewables Ltd Profit & Loss

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2023TTM
Sales1563254155576337628911,311
Expenses1462963684955416537481,199
Operating Profit930466292109143112
OPM %6%9%11%11%14%14%16%9%
Other Income36561413528341960
Interest024876826
Depreciation418213237455496
Profit before tax416536156769210151
Tax %11%23%18%12%35%35%30%
Net Profit39512913749607135
EPS in Rs3.274.122.6813.934.895.905.342.45
Dividend Payout %15%15%23%5%13%11%0%

Borosil Renewables Ltd Profit & Loss Yearly Chart

Borosil Renewables Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:7%
3 Years:%
TTM:%
Compounded Profit Growth
10 Years:%
5 Years:9%
3 Years:%
TTM:%
Stock Price CAGR
10 Years:55%
5 Years:56%
3 Years:22%
1 Year:-3%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: May 13, 2024, 12:11 pm

Borosil Renewables Ltd Balance Sheet

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2023Sep 2023
Equity Capital3322291313
Reserves656695615763814839906922
Borrowings1341006750114421484
Other Liabilities3385114156199227292311
Total Liabilities6938178329891,0651,1891,6321,731
Fixed Assets1732643343083833779771,007
CWIP68843161377083
Investments3813412262643502301112
Other Assets134203264374317444574629
Total Assets6938178329891,0651,1891,6321,731

Borosil Renewables Ltd Reserves and Borrowings Chart

Borosil Renewables Ltd Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2023
Cash from Operating Activity 1243243103-25-6
Cash from Investing Activity 8-316220-67-26-116
Cash from Financing Activity -8-22-193-64-3140238
Net Cash Flow1-12-16-10115

Borosil Renewables Ltd Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2023
Debtor Days68596861715538
Inventory Days123153169168137265617
Days Payable235257659676208
Cash Conversion Cycle168160180165111245447
Working Capital Days136851021128110882
ROCE %6%8%8%9%10%

Borosil Renewables Ltd Financial Efficiency Indicators Chart

Borosil Renewables Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters61.83%61.78%61.74%61.73%61.69%61.65%61.65%61.64%61.62%61.60%61.60%61.60%
FIIs6.99%5.26%5.03%5.44%4.79%4.87%5.81%5.96%6.18%6.29%4.40%4.48%
DIIs1.94%0.04%0.04%0.06%0.06%0.18%0.14%0.10%0.10%0.07%0.46%0.74%
Public29.24%32.92%33.18%32.77%33.46%33.30%32.39%32.30%32.09%32.02%33.53%33.18%
No. of Shareholders1,02,5631,24,7071,42,3761,95,1282,18,7732,45,7862,64,7762,70,6902,68,9472,63,1162,82,0842,77,747

Borosil Renewables Ltd Shareholding Pattern Chart

No. of Borosil Renewables Ltd Shareholders

Borosil Renewables Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Nippon India Nifty Smallcap 250 Index Fund284020.161.16
Motilal Oswal Nifty Smallcap 250 Index Fund178310.160.73
SBI Nifty Smallcap 250 Index Fund130860.160.53
Motilal Oswal Nifty 500 Index Fund19480.010.08
Edelweiss Nifty Smallcap 250 Index Fund5990.160.02
Groww Nifty Total Market Index Fund1070.010
Motilal Oswal Nifty 500 ETF850.010

Borosil Renewables Ltd ROCE Trend

Borosil Renewables Ltd EPS Trend

Borosil Renewables Ltd Key Financial Ratios

MonthMar 23Mar 19Mar 18Mar 17Mar 16
FaceValue1.001.0010.0010.0010.00
Basic EPS (Rs.)5.346.49212.6959.26100.13
Diluted EPS (Rs.)5.346.49212.6959.26100.13
Cash EPS (Rs.)9.5511.17366.20722.57210.01
Book Value[Excl.RevalReserv]/Share (Rs.)72.23100.213790.003554.162821.98
Book Value[Incl.RevalReserv]/Share (Rs.)72.23100.213790.003554.162821.98
Revenue From Operations / Share (Rs.)68.5182.432738.802411.101795.98
PBDIT / Share (Rs.)12.4815.27519.93446.18253.21
PBIT / Share (Rs.)8.3410.38360.39305.70162.69
PBT / Share (Rs.)7.749.72322.40665.47147.28
Net Profit / Share (Rs.)5.416.28206.66582.10119.49
NP After MI And SOA / Share (Rs.)5.345.90195.63554.79106.75
PBDIT Margin (%)18.2118.5218.9818.5014.09
PBIT Margin (%)12.1712.5913.1512.679.05
PBT Margin (%)11.3011.7911.7727.608.20
Net Profit Margin (%)7.907.617.5424.146.65
NP After MI And SOA Margin (%)7.787.157.1423.005.94
Return on Networth / Equity (%)7.576.425.5316.743.99
Return on Capital Employeed (%)8.319.849.148.225.42
Return On Assets (%)4.264.544.2012.862.95
Long Term Debt / Equity (X)0.340.030.010.020.04
Total Debt / Equity (X)0.450.120.050.060.12
Asset Turnover Ratio (%)0.000.340.310.320.30
Current Ratio (X)1.732.142.883.132.39
Quick Ratio (X)0.901.292.342.441.79
Dividend Payout Ratio (NP) (%)0.0010.5912.770.0053.89
Dividend Payout Ratio (CP) (%)0.005.797.030.0029.16
Earning Retention Ratio (%)0.0089.4187.230.0046.11
Cash Earning Retention Ratio (%)0.0094.2192.970.0070.84
Interest Coverage Ratio (X)20.9023.1917.6113.2616.43
Interest Coverage Ratio (Post Tax) (X)10.0710.548.286.618.75
Enterprise Value (Cr.)5683.432123.89278.011536.95727.25
EV / Net Operating Revenue (X)6.362.790.432.761.75
EV / EBITDA (X)34.9015.052.3114.9112.43
MarketCap / Net Operating Revenue (X)6.012.560.302.591.50
Retention Ratios (%)0.0089.4087.220.0046.10
Price / BV (X)5.852.300.231.881.01
Price / Net Operating Revenue (X)6.012.560.302.591.50
EarningsYield0.010.020.230.080.03

Borosil Renewables Ltd Profitability Ratios (%)

Borosil Renewables Ltd Liquidity Ratios

Borosil Renewables Ltd Liquidity Ratios (%)

Borosil Renewables Ltd Interest Coverage Ratios (%)

Borosil Renewables Ltd Valuation Ratios

Fair Value

Fair Value: ₹164.32

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 66.80% compared to the current price ₹495

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Intrinsic Value: ₹94.15

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 80.98% compared to the current price ₹495

Default values used*: Deafault value of 15 for Stock P/E is used, Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: -42.71%

*Investments are subject to market risks

Strength and Weakness of Borosil Renewables Ltd Stock

StrengthWeakness
  1. The company has higher reserves (776.25 cr) compared to borrowings (158.88 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (467.50 cr) and profit (73.25 cr) over the years.
  1. The stock has a low average ROCE of 5.86%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 100.86, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 210.86, which may not be favorable.

FAQ

What is the latest fair value of Borosil Renewables Ltd?

The latest fair value of Borosil Renewables Ltd is ₹164.32.

What is the Market Cap of Borosil Renewables Ltd?

The Market Cap of Borosil Renewables Ltd is 6,463 Cr..

What is the current Stock Price of Borosil Renewables Ltd as on 18 May 2024?

The current stock price of Borosil Renewables Ltd as on 18 May 2024 is 495.

What is the High / Low of Borosil Renewables Ltd stocks in FY 2024?

In FY 2024, the High / Low of Borosil Renewables Ltd stocks is ₹669/391.

What is the Stock P/E of Borosil Renewables Ltd?

The Stock P/E of Borosil Renewables Ltd is .

What is the Book Value of Borosil Renewables Ltd?

The Book Value of Borosil Renewables Ltd is 71.6.

What is the Dividend Yield of Borosil Renewables Ltd?

The Dividend Yield of Borosil Renewables Ltd is 0.00 %.

What is the ROCE of Borosil Renewables Ltd?

The ROCE of Borosil Renewables Ltd is %.

What is the ROE of Borosil Renewables Ltd?

The ROE of Borosil Renewables Ltd is %.

What is the Face Value of Borosil Renewables Ltd?

The Face Value of Borosil Renewables Ltd is 1.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Borosil Renewables Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE