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.
Management |
---|
Name | Position Held |
---|
Mr. Pradeep Kumar Kheruka | Executive Chairman |
Mr. Shreevar Kheruka | Vice Chairman |
Mr. Ashok Jain | Whole Time Director |
Mrs. Shalini Kamath | Independent Director |
Mr. Pradeep Vasudev Bhide | Independent Director |
Mr. Syed Asif Ibrahim | Independent Director |
Mr. Haigreve Khaitan | Independent Director |
Mr. Raj Kumar Jain | Independent Director |
Mr. Ramaswami Velayudhan Pillai | Non Executive Director |
Borosil Renewables Ltd. Share Price Update |
---|
Share Price | Value |
---|
Today | ₹434.35 |
Previous Day | ₹432.60 |
Basic Stock Data of Borosil Renewables Ltd
Market Cap | 5,730 Cr. |
---|
Current Price | 439 |
---|
High / Low | 573/380 |
---|
Stock P/E | 754 |
---|
Book Value | 71.6 |
---|
Dividend Yield | 0.00 % |
---|
ROCE | % |
---|
ROE | % |
---|
Face Value | 1.00 |
---|
Borosil Renewables Ltd Quarterly Results
Month | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
---|
Sales | 155 | 200 | 223 | 183 | 173 | 232 | 266 | 170 | 169 | 246 | 309 | 354 | 402 |
Expenses | 134 | 168 | 192 | 164 | 156 | 202 | 227 | 122 | 127 | 227 | 275 | 328 | 369 |
Operating Profit | 21 | 33 | 31 | 19 | 17 | 30 | 38 | 48 | 42 | 19 | 34 | 26 | 32 |
OPM % | 14% | 16% | 14% | 10% | 10% | 13% | 14% | 28% | 25% | 8% | 11% | 7% | 8% |
Other Income | 9 | 9 | 12 | 10 | 7 | 3 | 5 | 3 | 2 | 10 | 5 | 8 | 37 |
Interest | 1 | 2 | 2 | 2 | 2 | 3 | 4 | 0 | 0 | 2 | 5 | 9 | 10 |
Depreciation | 11 | 11 | 12 | 11 | 12 | 15 | 17 | 11 | 11 | 13 | 20 | 32 | 31 |
Profit before tax | 18 | 28 | 29 | 16 | 10 | 17 | 23 | 40 | 33 | 14 | 14 | -7 | 29 |
Tax % | 34% | 25% | 41% | 40% | 20% | 21% | 25% | 25% | 26% | 57% | 27% | -71% | -4% |
Net Profit | 12 | 21 | 17 | 10 | 8 | 13 | 17 | 30 | 24 | 6 | 10 | -12 | 30 |
EPS in Rs | 1.14 | 1.95 | 1.82 | 0.99 | 1.02 | 1.72 | 2.07 | 2.31 | 1.85 | 0.40 | 0.77 | -0.64 | 1.92 |
Borosil Renewables Ltd Quarterly Chart
Borosil Renewables Ltd Profit & Loss
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | TTM |
---|
Sales | 156 | 325 | 415 | 557 | 633 | 762 | 891 | 1,311 |
Expenses | 146 | 296 | 368 | 495 | 541 | 653 | 748 | 1,199 |
Operating Profit | 9 | 30 | 46 | 62 | 92 | 109 | 143 | 112 |
OPM % | 6% | 9% | 11% | 11% | 14% | 14% | 16% | 9% |
Other Income | 36 | 56 | 14 | 135 | 28 | 34 | 19 | 60 |
Interest | 0 | 2 | 4 | 8 | 7 | 6 | 8 | 26 |
Depreciation | 4 | 18 | 21 | 32 | 37 | 45 | 54 | 96 |
Profit before tax | 41 | 65 | 36 | 156 | 76 | 92 | 101 | 51 |
Tax % | 11% | 23% | 18% | 12% | 35% | 35% | 30% | |
Net Profit | 39 | 51 | 29 | 137 | 49 | 60 | 71 | 35 |
EPS in Rs | 3.27 | 4.12 | 2.68 | 13.93 | 4.89 | 5.90 | 5.34 | 2.45 |
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:: | % |
Borosil Renewables Ltd Growth
|
Compounded Profit Growth |
---|
10 Years:: | % |
5 Years:: | 9% |
3 Years:: | % |
TTM:: | % |
Borosil Renewables Ltd Growth
|
Stock Price CAGR |
---|
10 Years:: | 57% |
5 Years:: | 49% |
3 Years:: | 49% |
1 Year:: | -19% |
Borosil Renewables Ltd Growth
|
Return on Equity |
---|
10 Years:: | % |
5 Years:: | % |
3 Years:: | % |
Last Year:: | % |
Borosil Renewables Ltd Balance Sheet
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Sep 2023 |
---|
Equity Capital | 3 | 3 | 2 | 2 | 2 | 9 | 13 | 13 |
Reserves | 656 | 695 | 615 | 763 | 814 | 839 | 906 | 922 |
Borrowings | 1 | 34 | 100 | 67 | 50 | 114 | 421 | 484 |
Other Liabilities | 33 | 85 | 114 | 156 | 199 | 227 | 292 | 311 |
Total Liabilities | 693 | 817 | 832 | 989 | 1,065 | 1,189 | 1,632 | 1,731 |
Fixed Assets | 173 | 264 | 334 | 308 | 383 | 377 | 977 | 1,007 |
CWIP | 6 | 8 | 8 | 43 | 16 | 137 | 70 | 83 |
Investments | 381 | 341 | 226 | 264 | 350 | 230 | 11 | 12 |
Other Assets | 134 | 203 | 264 | 374 | 317 | 444 | 574 | 629 |
Total Assets | 693 | 817 | 832 | 989 | 1,065 | 1,189 | 1,632 | 1,731 |
Borosil Renewables Ltd Reserves and Borrowings Chart
Borosil Renewables Ltd Cash Flow
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 |
---|
Cash from Operating Activity | 1 | 24 | 32 | 43 | 103 | -25 | -6 |
Cash from Investing Activity | 8 | -3 | 162 | 20 | -67 | -26 | -116 |
Cash from Financing Activity | -8 | -22 | -193 | -64 | -31 | 40 | 238 |
Net Cash Flow | 1 | -1 | 2 | -1 | 6 | -10 | 115 |
|
Borosil Renewables Ltd Financial Efficiency Indicators
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 |
---|
Debtor Days | 68 | 59 | 68 | 61 | 71 | 55 | 38 |
Inventory Days | 123 | 153 | 169 | 168 | 137 | 265 | 617 |
Days Payable | 23 | 52 | 57 | 65 | 96 | 76 | 208 |
Cash Conversion Cycle | 168 | 160 | 180 | 165 | 111 | 245 | 447 |
Working Capital Days | 136 | 85 | 102 | 112 | 81 | 108 | 82 |
ROCE % | | 6% | 8% | 8% | 9% | 10% | |
Borosil Renewables Ltd Financial Efficiency Indicators Chart
Borosil Renewables Ltd Share Holding Pattern
Month | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
---|
Promoters | 61.89% | 61.83% | 61.78% | 61.74% | 61.73% | 61.69% | 61.65% | 61.65% | 61.64% | 61.62% | 61.60% | 61.60% |
FIIs | 8.79% | 6.99% | 5.26% | 5.03% | 5.44% | 4.79% | 4.87% | 5.81% | 5.96% | 6.18% | 6.29% | 4.40% |
DIIs | 2.41% | 1.94% | 0.04% | 0.04% | 0.06% | 0.06% | 0.18% | 0.14% | 0.10% | 0.10% | 0.07% | 0.46% |
Public | 26.91% | 29.24% | 32.92% | 33.18% | 32.77% | 33.46% | 33.30% | 32.39% | 32.30% | 32.09% | 32.02% | 33.53% |
No. of Shareholders | 72,817 | 1,02,563 | 1,24,707 | 1,42,376 | 1,95,128 | 2,18,773 | 2,45,786 | 2,64,776 | 2,70,690 | 2,68,947 | 2,63,116 | 2,82,084 |
Borosil Renewables Ltd Shareholding Pattern Chart
No. of Borosil Renewables Ltd Shareholders
Borosil Renewables Ltd Mutual Fund Holdings
Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) |
---|
Nippon India Nifty Smallcap 250 Index Fund | 28402 | 0.16 | 1.16 |
Motilal Oswal Nifty Smallcap 250 Index Fund | 17831 | 0.16 | 0.73 |
SBI Nifty Smallcap 250 Index Fund | 13086 | 0.16 | 0.53 |
Motilal Oswal Nifty 500 Index Fund | 1948 | 0.01 | 0.08 |
Edelweiss Nifty Smallcap 250 Index Fund | 599 | 0.16 | 0.02 |
Groww Nifty Total Market Index Fund | 107 | 0.01 | 0 |
Motilal Oswal Nifty 500 ETF | 85 | 0.01 | 0 |
Borosil Renewables Ltd ROCE Trend
Borosil Renewables Ltd EPS Trend
Borosil Renewables Ltd Key Financial Ratios
Month | Mar 23 | Mar 19 | Mar 18 | Mar 17 | Mar 16 |
---|
FaceValue | 1.00 | 1.00 | 10.00 | 10.00 | 10.00 |
Basic EPS (Rs.) | 5.34 | 6.49 | 212.69 | 59.26 | 100.13 |
Diluted EPS (Rs.) | 5.34 | 6.49 | 212.69 | 59.26 | 100.13 |
Cash EPS (Rs.) | 9.55 | 11.17 | 366.20 | 722.57 | 210.01 |
Book Value[Excl.RevalReserv]/Share (Rs.) | 72.23 | 100.21 | 3790.00 | 3554.16 | 2821.98 |
Book Value[Incl.RevalReserv]/Share (Rs.) | 72.23 | 100.21 | 3790.00 | 3554.16 | 2821.98 |
Revenue From Operations / Share (Rs.) | 68.51 | 82.43 | 2738.80 | 2411.10 | 1795.98 |
PBDIT / Share (Rs.) | 12.48 | 15.27 | 519.93 | 446.18 | 253.21 |
PBIT / Share (Rs.) | 8.34 | 10.38 | 360.39 | 305.70 | 162.69 |
PBT / Share (Rs.) | 7.74 | 9.72 | 322.40 | 665.47 | 147.28 |
Net Profit / Share (Rs.) | 5.41 | 6.28 | 206.66 | 582.10 | 119.49 |
NP After MI And SOA / Share (Rs.) | 5.34 | 5.90 | 195.63 | 554.79 | 106.75 |
PBDIT Margin (%) | 18.21 | 18.52 | 18.98 | 18.50 | 14.09 |
PBIT Margin (%) | 12.17 | 12.59 | 13.15 | 12.67 | 9.05 |
PBT Margin (%) | 11.30 | 11.79 | 11.77 | 27.60 | 8.20 |
Net Profit Margin (%) | 7.90 | 7.61 | 7.54 | 24.14 | 6.65 |
NP After MI And SOA Margin (%) | 7.78 | 7.15 | 7.14 | 23.00 | 5.94 |
Return on Networth / Equity (%) | 7.57 | 6.42 | 5.53 | 16.74 | 3.99 |
Return on Capital Employeed (%) | 8.31 | 9.84 | 9.14 | 8.22 | 5.42 |
Return On Assets (%) | 4.26 | 4.54 | 4.20 | 12.86 | 2.95 |
Long Term Debt / Equity (X) | 0.34 | 0.03 | 0.01 | 0.02 | 0.04 |
Total Debt / Equity (X) | 0.45 | 0.12 | 0.05 | 0.06 | 0.12 |
Asset Turnover Ratio (%) | 0.00 | 0.34 | 0.31 | 0.32 | 0.30 |
Current Ratio (X) | 1.73 | 2.14 | 2.88 | 3.13 | 2.39 |
Quick Ratio (X) | 0.90 | 1.29 | 2.34 | 2.44 | 1.79 |
Dividend Payout Ratio (NP) (%) | 0.00 | 10.59 | 12.77 | 0.00 | 53.89 |
Dividend Payout Ratio (CP) (%) | 0.00 | 5.79 | 7.03 | 0.00 | 29.16 |
Earning Retention Ratio (%) | 0.00 | 89.41 | 87.23 | 0.00 | 46.11 |
Cash Earning Retention Ratio (%) | 0.00 | 94.21 | 92.97 | 0.00 | 70.84 |
Interest Coverage Ratio (%) | 20.90 | 23.19 | 17.61 | 13.26 | 16.43 |
Interest Coverage Ratio (Post Tax) (%) | 10.07 | 10.54 | 8.28 | 6.61 | 8.75 |
Enterprise Value (Cr.) | 5683.43 | 2123.89 | 278.01 | 1536.95 | 727.25 |
EV / Net Operating Revenue (X) | 6.36 | 2.79 | 0.43 | 2.76 | 1.75 |
EV / EBITDA (X) | 34.90 | 15.05 | 2.31 | 14.91 | 12.43 |
MarketCap / Net Operating Revenue (X) | 6.01 | 2.56 | 0.30 | 2.59 | 1.50 |
Retention Ratios (%) | 0.00 | 89.40 | 87.22 | 0.00 | 46.10 |
Price / BV (X) | 5.85 | 2.30 | 0.23 | 1.88 | 1.01 |
Price / Net Operating Revenue (X) | 6.01 | 2.56 | 0.30 | 2.59 | 1.50 |
EarningsYield | 0.01 | 0.02 | 0.23 | 0.08 | 0.03 |
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 of Borosil Renewables Ltd Stock
Fair Value: ₹8259.92
The stock is undervalued by 1,781.53% compared to the current price ₹439
*Investments are subject to market risks
Strength and Weakness of Borosil Renewables Ltd Stock
Strength | Weakness |
---|
The stock has a high average ROCE, which is a positive sign. The company has higher reserves compared to borrowings, indicating strong financial stability. The company has shown consistent growth in sales and profit over the years. | The stock has a high average Working Capital Days, which may not be favorable. The stock has a high average Cash Conversion Cycle, which may not be favorable. |