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Prices as of 9 Oct 2026 close · Not investment advice

Borosil Limited

NSE: BOROLTDHouseware

Share price

₹270.20

+0.39% close of 9 Oct 2026

Market cap ₹3,242 CrP/E 44.4

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,242 Cr

P/E ratio

44.4

P/B ratio

3.6

ROCE

11.1%

ROE

8.8%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹354.8552-week low ₹215.60

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 8.7% over the past year, and 13.3% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 16.8% to 13.5% over the last four years.

Whether it grew faster than its sector

It grew 13.3% a year against a sector median of 11.3% — 2.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 44.4× earnings it costs 1.8× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 40.9×, across 5 companies. It is against its own five-year median of 53.2×, the 32nd percentile of its own range.

Whether growth justifies the valuation

Priced at 1.4 times its growth rate, on earnings growth of 32%.

Profit growthPrice per ₹1 profitPer 1% growth
Borosil Limited — this one32%/yr44.4×₹1.4
Asian Paints2%/yr46.0×₹23.0
LG Electronics India Limited8%/yr65.4×₹8.2
Dixon Technologies (India) Limited41%/yr40.9×₹1.00
Havells India16%/yr39.4×₹2.5
Kalyan Jewellers India Limited45%/yr39.1×₹0.87

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies across the whole Consumer Durables sector, it ranks 72 of 153 on returns, 54 of 145 on growth, 45 of 156 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11.1% on capital, ahead of 53% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹346 crore of cash from the business but spent ₹677 crore on plant and equipment, ₹331 crore more than it made; the gap was from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 8 years, about 138 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 98 days for its cash to waiting 78 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Sales up 9%, profit down 25%, and May's 20% margin goal is now 18%.

Announced 14 Aug 2026 · Consolidated · Unaudited

Revenue

₹254 Cr

Revenue vs last year

+8.8%

Revenue vs last quarter

-10.7%

Net profit

₹13 Cr

Profit vs last year

-24.7%

Profit vs last quarter

+16.4%

Net margin

5.0%

EPS

₹1.07

Earnings call transcript · 19 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,242 Cr
Prev close
₹270.20
52w High
₹363
52w Low
₹214
Enterprise value
₹3,321 Cr
Beta
1.1
Price CAGR 1y
-18.0%
Price CAGR 3y
-7.0%
Price CAGR 5y
9.0%
Price CAGR 10y
—

Ratios

Return on assets
5.9%
PEG ratio
1.4
P/E ratio
44.4
P/B ratio
3.6
EV / EBITDA
20.1
Industry P/E
32.6
ROCE
11.1%
ROCE 5y average
12.2%
ROE
8.8%
Debt / Equity
0.2
Interest coverage
15.4
Dividend yield
0.0%
ROE 3y average
9.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹1,175 Cr
Annual profit
₹75 Cr
Operating margin
14.0%
Net profit margin
6.4%
EBITDA margin
14.4%
Sales growth 3y
17.3%
Sales growth 5y
15.3%
Profit growth 3y
32.0%
Profit growth 5y
13.0%
EPS
₹6.2
Sales growth TTM
9.0%
Profit growth TTM
-11.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹254 Cr
Profit latest quarter
₹13 Cr
YoY quarterly sales growth
9.0%
YoY quarterly profit growth
-23.5%
OPM latest quarter
13.6%

Balance Sheet

Book Value
₹73.9
Face Value
₹1.0
Total debt
₹148 Cr
Total cash
₹3 Cr
Borrowings
₹148 Cr
Reserves / Equity
72.9

Cash Flow

Operating cash flow
₹119 Cr
Free cash flow
-₹17 Cr
FCF yield
-0.7%
Net cash flow
₹2 Cr

Shareholding

Promoter holding
64.7%
FII holding
0.3%
DII holding
6.2%
Public holding
28.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Cello World390.6527.68,7750.3873.40.5526.7-0.417.4
Hawkins Cookers7,973.5031.24,2311.7630.417.1318.133.140.9
Borosil281.1546.03,3570.0012.8-26.5253.69.011.1
All Time Plastic184.4331.41,1980.0012.1-5.6161.11.911.6
Maharaja & Speedex India253.9526.94150.0048.0
Clay Craft India171.1513.13520.0020.0
Maruti Interior37.3625.32260.000.2-89.814.3-8.821.2
Median238.8828.38060.0012.5-3.5207.35.518.7

Competes with: All Time Plastics Limited, Cello World Limited, Hawkins Cookers Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales251235304229217278338270233340339284254
Expenses224198246210188233284233195292286254219
Material Cost141720191721
Change in Inventories-423.81113.75-36-27
Purchases of Stock-in-Trade1245611512112584
Employee Cost343030313433
Other Expenses10288116111114108
Operating Profit26375819294554373748533034
OPM %1016198.34131616141614161114
Other Income226785162106287
Exceptional items (within Other Income)000-4.0500
Interest2223442221122
Depreciation16121316192021202222222122
Profit before tax1025497132648172330321517
Tax %37252424282925342625262827
Net Profit61937591835111723241113
EPS in Rs0.631.623.250.440.781.532.970.931.461.9020.891.07
Diluted EPS in Rs0.931.461.9020.881.07

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3616305778287289341,0901,1751,217
Expenses3045454956826627959201,0061,051
Material Cost7375
Change in Inventories-73-18
Purchases of Stock-in-Trade407417
Employee Cost113125
Other Expenses418429
Operating Profit58858214667139170169166
OPM %16131418915161414
Other Income11317112912272622
Exceptional items (within Other Income)0-4.05
Interest1062139136.557
Depreciation263835342854818787
Profit before tax334461122668810310195
Tax %2519313021252826
Net Profit253542855266747570
EPS in Rs0.983.133.697.334.535.756.216.245.86
Diluted EPS in Rs6.286.24
Dividend Payout %002700000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
15%
3 years
17%
TTM
9%

Compounded profit growth

10 years
—
5 years
13%
3 years
32%
TTM
-11%

Stock price CAGR

10 years
—
5 years
9%
3 years
-7%
1 year
-18%

Return on equity

10 years
—
5 years
9%
3 years
9%
Last year
9%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital011111111111212
Reserves598637683756499569796875
Borrowings7251719516593148
Other Liabilities143149157186245335230247
Minority Interest00
Total Liabilities8128488599558501,0801,1311,282
Fixed Assets339327348276353548583531
CWIP16461325412618105
Investments125119245197146855083
Other Assets333356253457309421480561
Total Assets8128488599558501,0801,1311,282

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity40531867712148-19119
Cash from Investing Activity-14-33-137-37-228-106-41-165
Cash from Financing Activity-17-27-45-2493555648
Net Cash Flow9-7416-14-3-42
Free Cash Flow163165-8-77-126-103-17

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days9251423326363433
Inventory Days647302221229154243299282
Days Payable15973776844857156
Cash Conversion Cycle580280186194136194262259
Working Capital Days119896298-627178
ROCE %88186141211

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters707070676565656565656565
FIIs0.710.780.851.870.960.800.280.350.430.350.340.35
DIIs1.321.391.453.815.155.446.276.136.076.096.186.20
Public282828272929292929292929
No. of Shareholders75,35579,79281,12086,23782,41081,96275,92374,53274,29073,90074,12773,935

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -21.4% (₹343.95 → ₹270.20)Brick size ₹13.07 (fixed)Bricks 17
₹250₹300₹270Dec '25Apr '26
Price moved up one brickPrice moved down one brickLast close ₹270.20 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

78.81inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,71,35,641inr

2026-03-31

News

News and filings about Borosil Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Consumer appliances and components (imported)
  • Feldspar
  • Silica sand

Depends on the price of

  • Natural gas
  • soda_ash

Buys from

  • Aequs Limited · contract-manufactured cookware
  • PAKKA LIMITED · Compostable bagasse tableware (CHUK brand) and bagasse-based packaging paper
  • Semac Construction Limited · Design-build EPC: civil, PEB, firefighting, electrical, mechanical and PHE for a glass-fur…

Sells to

  • Borosil D2C (myborosil.com) · Consumer houseware products
  • Modern trade and general retail (15,000+ outlets) · Glassware, opalware (Larah), kitchenware, appliances, bottles/flasks

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Houseware
Classification
Consumer Durables › Houseware
ISIN
INE02PY01013

Plants

  • Borosil Bharuch Glassware Plant
  • Borosil Jaipur Glassware Plant

News impact

Big market events that reach Borosil Limited, and how the effect spreads.

Who it hits first

  • India's trade body DGTR has recommended a $1,526 per tonne duty on most Chinese glassware imports, with a lower $703 rate for one qualifying Chinese maker.
  • Borosil, the Indian glassware maker, jumped over 5% as investors bet costlier Chinese imports will let it charge better prices.
  • Makers of other consumer goods, from jewellery to paints, get no help since the duty covers glassware only.

Who may gain

  • Borosil shareholders, who gain if costlier Chinese imports let Indian glass sell at better prices
  • Indian kitchenware makers such as Cello World, the houseware rival, which face less cut-price competition
  • The government, which shows it will shield local makers from dumped imports

Along the supply chain

Downstream

No listed corporate buyers — the end users are shops and households, who may pay higher prices as cheap Chinese glassware gets costlier.

Upstream

Little near-term change for Borosil's packaging and service suppliers; only if Borosil makes and sells much more glassware would their orders grow.

Where demand moves

Business

Shops and homes that bought cheap Chinese glassware now face up to $1,526 a tonne in extra duty, so orders shift toward Indian makers like Borosil; total glassware demand does not grow, it moves home.

Capital

Investors buy Borosil shares on hopes of fatter margins, while unrelated consumer stocks see no new money from this glass-only duty.

How it spreads across sectors

Chemicals

Watchful mood: chemical makers hope trade action against cheap Chinese goods spreads to their own imports.

Consumer Durables

Positive but narrow: glassware makers gain shelter from cheap Chinese imports, while most consumer brands see no change in sales.

Textiles

Watchful mood: textile makers, long hit by cheap Chinese supply, hope for similar duty protection.

A pattern seen before

Cascade chain

  • Chinese glassware faces $1,526/tonne duty → Indian glass makers regain pricing power
  • Protection precedent lifts hopes for similar duties in Chemicals and Textiles
  • Import-dependent buyers shift orders toward domestic suppliers

Pattern name

China Cascade

Patterns

  • China Cascade

Sectors queried

  • Chemicals
  • Pharma
  • Textiles

When it plays out

Immediate

1–7 days: Borosil shares stay firm on duty hopes; other consumer stocks trade normally.

Medium term

1–6 months: if the duty is formally imposed, Borosil's prices and margins improve; if dropped, the gains fade.

Short term

1–4 weeks: Borosil tracks whether the government notifies the duty as recommended.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

5 Dec 2023demerger₹0
17 Aug 2021unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 1, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
25 Aug 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY10,69,036₹273.23
25 Aug 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL10,69,036₹273.37
25 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDBUY8,26,313₹273.45
25 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDSELL8,26,313₹273.59

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.