Borosil Ltd (BOROLTD) AI Stock Analysis

• Market Cap: ₹33.51B
• Dividend Yield: N/A
• Average Volume (3M): 4.74K
• Price to Earnings (P/E): 38.2
• Beta (1Y): 1.13
• Revenue Growth: 15.59%
• EPS Growth: 20.12%
• Country: IN
• Employees: 881
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 1.90
• Shares Outstanding: 119,582,130
• 10 Day Avg. Volume: 3,678
• 30 Day Avg. Volume: 4,744
• PEG Ratio: 5.76
• Price to Book (P/B): 4.88
• Price to Sales (P/S): 3.56
• P/FCF Ratio: -33.65
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 597.57
• Revenue Forecast (FY): ₹1.09T

• Rating: 58 Neutral
• Price Target: ₹358.00 ▲(23.30% Upside)

Borosil Ltd's overall stock score is primarily influenced by its strong financial performance in terms of revenue growth and operational efficiency. However, significant cash flow issues and an overvalued P/E ratio weigh down the score. Technical indicators suggest a lack of strong momentum, further impacting the overall assessment.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for Borosil's products across various sectors, supporting long-term business expansion.

Operational Efficiency

High EBIT margin reflects effective cost management and operational efficiency, enhancing profitability and competitive positioning.

Strong Capital Structure

A strong equity ratio indicates a healthy capital structure, providing financial stability and flexibility for future investments.

Negative Factors

Cash Flow Issues

Negative free cash flow suggests potential liquidity challenges, which could constrain the company's ability to invest in growth opportunities.

Profitability Challenges

Moderate net profit margin indicates challenges in translating revenue growth into bottom-line profitability, impacting long-term earnings potential.

Decreasing Cash Reserves

Declining cash reserves may limit financial flexibility, affecting the company's ability to respond to market opportunities or economic downturns.

Borosil Ltd Business Overview & Revenue Model

Company Description

Borosil Limited operates as a glassware company in India and internationally. It operates through Scientificware and Consumerware segments. The company provides science and industrial products, including laboratory glassware, laboratory equipment, liquid handling equipment, sample processing equipment, and other laboratory equipment under the LabQuest brand name that are used in pharmaceutical, research and development, education, and healthcare sectors. It also offers primary packaging glass vials and ampoules under the Klass Pack name for pharmaceutical industry. In addition, the company provides consumer glassware products, including microwaveable kitchenware, opalware dinner sets, kitchen appliances, storage products, lunch boxes, and stainless-steel flasks and bottles under the Borosil brand name. It sells its products through distributors and online platform. The company also exports its products to approximately 50 countries. The company was formerly known as Hopewell Tableware Limited. Borosil Limited was founded in 1962 and is based in Mumbai, India.

How the Company Makes Money

Borosil Ltd generates revenue through multiple key streams, notably from the sale of its laboratory glassware and scientific instruments, which are in high demand by educational institutions and research facilities. The company also earns significant income from its consumer products, including kitchen appliances and tableware that are sold through retail and online channels. Additionally, Borosil has established partnerships with various educational and industrial organizations, enhancing its market reach and providing stable long-term contracts. The company's focus on innovation and quality helps it maintain competitive pricing and customer loyalty, further contributing to its earnings.

Borosil Ltd Financial Statement Overview

Summary

Borosil Ltd demonstrates strong revenue growth and operational efficiency with a high EBIT margin. However, the company faces challenges in profitability with a moderate net profit margin and significant cash flow issues, including negative free cash flow and decreasing cash reserves.

Income Statement

Borosil Ltd shows solid revenue growth with a significant jump from 2024 to 2025. The gross profit margin is strong at approximately 63.3% in 2025, indicating effective cost control. However, the net profit margin of around 6.7% for 2025 suggests room for improvement in profitability after expenses. The EBIT margin is impressive at approximately 53.1%, highlighting operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a manageable debt-to-equity ratio of approximately 0.12 in 2025. The equity ratio is strong at 71.4%, indicating a healthy capital structure. However, the decrease in cash and cash equivalents suggests potential liquidity challenges.

Cash Flow

Cash flow performance presents some concerns. The company recorded negative free cash flow in 2025, reflecting high capital expenditures and negative operating cash flow. The operating cash flow to net income ratio is negative, indicating cash flow issues that need addressing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.15B	11.08B	9.49B	7.42B	8.40B	5.85B
Gross Profit	6.46B	7.01B	5.67B	2.91B	3.87B	2.57B
EBITDA	2.08B	1.70B	1.51B	960.79M	1.57B	991.34M
Net Income	823.55M	742.34M	658.67M	518.73M	837.30M	421.04M
Balance Sheet
Total Assets	0.00	11.31B	10.80B	8.50B	9.57B	8.63B
Cash, Cash Equivalents and Short-Term Investments	292.16M	295.11M	648.76M	1.19B	1.83B	2.07B
Total Debt	0.00	930.60M	1.65B	1.79B	11.91M	85.14M
Total Liabilities	-8.08B	3.23B	5.00B	3.40B	1.74B	1.55B
Stockholders Equity	8.08B	8.08B	5.80B	5.10B	7.67B	6.95B
Cash Flow
Free Cash Flow	0.00	-1.17B	-1.27B	-1.20B	-113.18M	1.64B
Operating Cash Flow	0.00	-193.32M	480.32M	1.21B	765.67M	1.86B
Investing Cash Flow	0.00	-412.90M	-1.06B	-2.28B	-369.91M	-1.37B
Financing Cash Flow	0.00	564.74M	552.92M	934.10M	-235.60M	-450.76M

Borosil Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 290.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BOROLTD, the sentiment is Negative. The current price of 290.35 is above the 20-day moving average (MA) of 286.80, below the 50-day MA of 310.41, and below the 200-day MA of 333.29, indicating a bearish trend. The MACD of -7.90 indicates Negative momentum. The RSI at 40.17 is Neutral, neither overbought nor oversold. The STOCH value of 44.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BOROLTD.

Borosil Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CARYSIL	73 Outperform	₹22.92B	28.25	―	0.26%	11.21%	22.23%
LAOPALA	64 Neutral	₹22.31B	22.09	―	3.64%	-8.09%	-12.59%
TTKPRESTIG	63 Neutral	₹83.64B	76.96	―	0.97%	4.48%	-49.18%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BOROLTD	58 Neutral	₹33.51B	38.25	―	―	15.59%	20.12%
STOVEKRAFT	55 Neutral	₹19.06B	41.96	―	0.50%	7.89%	32.07%
HINDWAREAP	47 Neutral	₹20.82B	-27.35	―	0.15%	-7.26%	-408.66%

Borosil Ltd Corporate Events

Borosil Files SEBI-Mandated Dematerialisation Compliance Certificate for Q3 FY2025

Borosil Limited has notified the stock exchanges that it has obtained the mandatory quarterly certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025. The certificate, issued by its registrar and transfer agent MUFG Intime India Pvt. Ltd., confirms that all securities submitted for dematerialisation during the quarter were verified, accepted or rejected, listed in line with existing securities, and that corresponding physical certificates were duly mutilated, cancelled, and reflected in the company’s register of members within prescribed timelines, underscoring ongoing compliance with depository and listing norms.