Borosil Renewables

₹424.85As of Sun 8 Nov 2026, 12:00 UTC

NSE:BORORENEWTechnology

Country India

PE (Fwd) 39.36

TSR 8Y CAGR (8.11%)

Div yield —

ROE —

Solar

Beta (5Y) 0.27

PE TTM 44.92

TSR TTM (33.99%)

Mkt cap ₹61.75B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹480

13.02%

(65.67%)

Price above Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

5.34

(3.59)

(5.32)

9.46

(58.09%)

(167.30%)

(48.07%)

277.82%

Revenue₹B

8.979

13.75

14.82

15.56

38.69%

53.09%

7.80%

5.03%

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

15.56

Revenue₹B

—

6.474

8.979

13.75

14.82

15.56

17.67

24.52%

5.03

Revenue growth%

—

38.69

53.09

7.80

5.03

13.51

23.24

—

52.85

Gross margin%

—

81.55

81.19

42.65

39.45

52.85

52.84

52.85

22.68

Operating margin%

—

31.77

12.55

(4.76)

(5.03)

22.68

22.08

12.55

8.29

Net margin%

—

25.62

7.75

(3.41)

(4.69)

8.29

7.74

7.75

44.92

P/E ratio (avg)x

—

35.05

113.6

—

58.63

42.43

58.63

—

16.42

EV/EBITx

—

28.26

70.20

—

21.44

14.86

28.26

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

9.46

EPS₹

—

12.74

5.33

(3.59)

(5.32)

9.46

10.01

(7.17%)

—

277.82

EPS growth%

—

(58.12)

(167.36)

(48.04)

277.82

5.87

(53.08)

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

Div yield (avg)%

—

Payout ratio%

—

136.5

Shares (diluted)M

—

130.2

130.5

130.8

136.5

◌136.5

1.18%

100

(4.34)

Buyback yield%

—

(0.26)

0.01

(0.20)

(4.34)

◌—

(0.23)

—

100

—

D/E ratiox

—

57.98

Enterprise value₹B

—

58.13

79.11

70.54

69.00

75.68

57.98

6.82%

—

LT debt₹M

—

Peers (US$633.0M)

Cap (US$)

Vikram Solar Limited

553.7M

14.40x

Saatvik Green Energy…

485.4M

25.00x

Sterling and Wilson…

371.1M

17.00x

Zhejiang Sunoren Solar…

607.9M

62.70x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

24.89

14.46

Own earn%

—

Sh yield%

(4.34)

(0.23)

Owners

Insiders/Inst%

43.40

4.62

Short interest%

—

SBC / revenue%

0.30

Record

10Y

Profitable years

3/5

Revenue growth years

4/4

EPS growth years

1/4

Dividend streakyrs

Op margin range%

−5–32

$1 testx

—

Incr. ROIC%

—

Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. It provides low iron textured solar glass for various applications in photovoltaic (PV) panels, flat plate collectors, and greenhouses.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹15.56B

24.52%

1.00×

Cost of revenue

₹7.338B

57.43%

2.56×

Operating expenses

₹4.696B

9.86%

0.61×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m