Borosil Renewables Ltd
Borosil Renewables is engaged in manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Greenhouses. (Source: 202003-01 Annual Report Page No:188)
- Market Cap ₹ 6,735 Cr.
- Current Price ₹ 516
- High / Low ₹ 669 / 391
- Stock P/E
- Book Value ₹ 66.0
- Dividend Yield 0.00 %
- ROCE 0.40 %
- ROE -1.90 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company's median sales growth is 20.2% of last 10 years
Cons
- Stock is trading at 7.82 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 9.93% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Glass & Glass Products Industry: Glass & Glass Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
134 | 156 | 175 | 222 | 267 | 296 | 217 | 271 | 502 | 641 | 685 | 986 | |
131 | 146 | 168 | 212 | 248 | 255 | 182 | 234 | 305 | 397 | 527 | 889 | |
Operating Profit | 3 | 9 | 7 | 10 | 19 | 41 | 34 | 37 | 197 | 245 | 158 | 97 |
OPM % | 2% | 6% | 4% | 5% | 7% | 14% | 16% | 14% | 39% | 38% | 23% | 10% |
25 | 36 | 62 | 11 | 126 | 35 | 30 | 3 | 5 | 20 | 19 | 22 | |
Interest | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 7 | 8 | 3 | 7 | 26 |
Depreciation | 2 | 4 | 5 | 5 | 6 | 5 | 18 | 32 | 42 | 42 | 50 | 114 |
Profit before tax | 26 | 42 | 64 | 15 | 138 | 70 | 46 | 1 | 153 | 220 | 119 | -21 |
Tax % | 24% | 11% | 23% | -4% | 8% | 34% | -0% | 64% | 41% | 25% | 26% | 23% |
20 | 37 | 49 | 16 | 127 | 46 | 46 | 0 | 90 | 166 | 89 | -17 | |
EPS in Rs | 1.65 | 3.10 | 4.10 | 1.69 | 13.77 | 5.02 | 5.01 | 0.04 | 6.89 | 12.72 | 6.78 | -1.27 |
Dividend Payout % | 23% | 16% | 15% | 37% | 5% | 12% | 13% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 35% |
3 Years: | 25% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -119% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 63% |
3 Years: | 23% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 10% |
3 Years: | 10% |
Last Year: | -2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 2 | 2 | 2 | 9 | 11 | 13 | 13 | 13 | 13 |
Reserves | 624 | 654 | 694 | 634 | 769 | 819 | 323 | 315 | 602 | 772 | 865 | 849 |
2 | 1 | 2 | 33 | 0 | 0 | 42 | 92 | 79 | 157 | 363 | 355 | |
30 | 33 | 50 | 37 | 41 | 65 | 51 | 75 | 89 | 113 | 151 | 133 | |
Total Liabilities | 659 | 691 | 750 | 705 | 813 | 887 | 425 | 494 | 783 | 1,055 | 1,391 | 1,349 |
80 | 173 | 156 | 158 | 109 | 108 | 117 | 345 | 320 | 278 | 935 | 836 | |
CWIP | 14 | 6 | 6 | 5 | 5 | 4 | 125 | 1 | 4 | 297 | 15 | 9 |
Investments | 409 | 380 | 445 | 380 | 454 | 509 | 46 | 7 | 280 | 214 | 12 | 69 |
155 | 132 | 143 | 162 | 245 | 266 | 138 | 141 | 178 | 267 | 430 | 437 | |
Total Assets | 659 | 691 | 750 | 705 | 813 | 887 | 425 | 494 | 783 | 1,055 | 1,391 | 1,349 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 1 | 4 | 6 | 25 | 30 | -49 | 26 | 161 | 173 | 26 | 92 | |
16 | 6 | 2 | 157 | 6 | -17 | -48 | -61 | -332 | -260 | -221 | -86 | |
-14 | -8 | -5 | -162 | -34 | -7 | 88 | 35 | 172 | 96 | 185 | 8 | |
Net Cash Flow | 0 | -1 | 0 | 1 | -2 | 6 | -9 | 1 | 1 | 9 | -10 | 14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 78 | 68 | 66 | 61 | 60 | 86 | 41 | 55 | 53 | 34 | 29 | 38 |
Inventory Days | 146 | 123 | 131 | 115 | 103 | 95 | 242 | 203 | 128 | 221 | 427 | 182 |
Days Payable | 46 | 23 | 31 | 28 | 37 | 78 | 67 | 75 | 76 | 104 | 107 | 61 |
Cash Conversion Cycle | 178 | 168 | 165 | 148 | 126 | 103 | 216 | 182 | 105 | 150 | 349 | 159 |
Working Capital Days | 212 | 136 | 113 | 138 | 165 | 138 | 82 | 55 | 67 | 38 | 99 | 74 |
ROCE % | 3% | 6% | 5% | 6% | 6% | 8% | 8% | 2% | 29% | 27% | 12% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Jun
- Closure of Trading Window 28 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Jun - Newspaper publication for notice to shareholders for transfer of Equity Shares to IEPF
Annual reports
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Financial Year 2023
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Concalls
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Sole producer of Solar glass in India
BRL is engaged in the manufacturing of low-iron solar glass for application in photovoltaic panels, Flat plate collectors and Green houses. [1] It is the first and the only producer of solar glasses in the country. [2]