Borosil Renewables Limited (BORORENEW) AI Stock Analysis

• Market Cap: ₹74.01B
• Dividend Yield: N/A
• Average Volume (3M): 76.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: 7.68%
• EPS Growth: -114.23%
• Country: IN
• Employees: 809
• Sector: Energy
• Sector Strength: 52
• Industry: Packaging & Containers
• EPS (TTM): 1.98
• Shares Outstanding: 133,216,860
• 10 Day Avg. Volume: 56,945
• 30 Day Avg. Volume: 76,428
• PEG Ratio: -1.96
• Price to Book (P/B): 6.57
• Price to Sales (P/S): 4.43
• P/FCF Ratio: -700.94
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: ₹579.00 ▲(4.22% Upside)

Borosil Renewables Limited's overall stock score is primarily impacted by its financial performance and technical analysis. Despite strong revenue growth, profitability and cash flow challenges weigh heavily on the score. The technical indicators suggest bearish momentum, and valuation metrics are unattractive due to negative earnings. The lack of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong demand for solar glass products and positions the company well in the renewable energy sector, supporting long-term business expansion.

Market Position

As a leading solar glass manufacturer, Borosil Renewables benefits from a strong market position, allowing it to capitalize on the growing renewable energy market and drive sustained growth.

Sustainability Commitment

The company's focus on sustainability and innovation enhances its competitive advantage, aligning with global trends towards renewable energy and ensuring long-term relevance in the industry.

Negative Factors

Profitability Challenges

Ongoing profitability challenges, indicated by negative net profit margins, suggest operational inefficiencies that could hinder long-term financial health and growth potential.

Cash Flow Volatility

Volatile cash flow, with periods of negative operating cash flow, highlights challenges in cash generation, potentially affecting the company's ability to fund growth and manage debt.

Increasing Debt Levels

Rising debt levels, if not managed carefully, could strain financial resources and limit the company's ability to invest in future growth, impacting long-term stability.

Borosil Renewables Limited Business Overview & Revenue Model

Company Description

Borosil Renewables Limited (BORORENEW) is a leading manufacturer of solar glass, primarily catering to the renewable energy sector. The company specializes in producing high-quality solar glass that is essential for the photovoltaic industry, enabling efficient energy conversion for solar panels. With a commitment to sustainability, Borosil Renewables plays a crucial role in the transition to renewable energy sources, focusing on innovation and technology to enhance the performance of solar products.

How the Company Makes Money

Borosil Renewables generates revenue primarily through the sale of solar glass products to manufacturers of solar panels and other renewable energy solutions. The company benefits from the growing demand for solar energy, driven by global initiatives to reduce carbon emissions and promote clean energy. Key revenue streams include direct sales contracts with solar panel manufacturers, exports to international markets, and potential partnerships with energy companies for specialized projects. Additionally, Borosil Renewables may engage in long-term supply agreements that provide stable revenue, along with opportunities for technological collaboration to enhance product offerings.

Borosil Renewables Limited Financial Statement Overview

Summary

Borosil Renewables Limited shows strong revenue growth but struggles with profitability and cash flow. The balance sheet is stable with a solid equity base, but increasing debt and negative cash flows are concerns. Improving operational efficiency and cash flow management are crucial for financial health.

Income Statement

The income statement reflects mixed performance. While there has been significant growth in total revenue over the years, with a notable increase from 2020 to 2025, the company is facing profitability challenges. The gross profit margin is strong, indicating effective cost management, but the net profit margin is negative due to consistent net losses, especially in recent years. This suggests high operating costs or other financial burdens impacting profitability. EBIT and EBITDA margins have also turned negative, indicating operational inefficiencies.

Balance Sheet

The balance sheet shows a relatively stable financial position with a solid equity base. The debt-to-equity ratio is manageable, suggesting that the company isn't overly leveraged. However, there has been an increase in total debt over the years, which may pose a risk if not managed carefully. Return on equity has been declining due to net losses, which is a concern. The equity ratio remains healthy, indicating a strong capital structure.

Cash Flow

Cash flow analysis indicates volatility. Operating cash flow has fluctuated, with some years showing negative values, highlighting operational cash generation challenges. Free cash flow is also negative in recent years, primarily due to high capital expenditures, which could be investments for future growth. The company needs to improve cash flow management to ensure sustainability and support for its growth initiatives.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.54B	14.79B	13.63B	8.91B	6.42B	5.01B
Gross Profit	10.32B	10.52B	4.23B	4.01B	2.80B	1.99B
EBITDA	-860.28M	925.87M	1.07B	1.62B	2.65B	2.02B
Net Income	-2.23B	-695.68M	-468.95M	696.32M	1.66B	896.45M
Balance Sheet
Total Assets	0.00	14.54B	16.84B	16.32B	10.55B	7.83B
Cash, Cash Equivalents and Short-Term Investments	729.53M	892.92M	1.79B	1.44B	2.28B	3.18B
Total Debt	0.00	2.52B	5.76B	4.21B	1.57B	788.74M
Total Liabilities	-10.00B	4.55B	7.91B	6.90B	2.71B	1.68B
Stockholders Equity	10.00B	9.97B	8.73B	9.19B	7.85B	6.15B
Cash Flow
Free Cash Flow	0.00	-93.52M	-1.48B	-3.54B	-2.00B	1.34B
Operating Cash Flow	0.00	997.87M	687.46M	-63.71M	1.73B	1.61B
Investing Cash Flow	0.00	-1.42B	-2.15B	-2.41B	-2.60B	-3.32B
Financing Cash Flow	0.00	-526.84M	1.68B	2.38B	958.93M	1.72B

Borosil Renewables Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 555.55
• 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:BORORENEW, the sentiment is Negative. The current price of 555.55 is below the 20-day moving average (MA) of 558.67, below the 50-day MA of 613.42, and below the 200-day MA of 564.33, indicating a bearish trend. The MACD of -22.12 indicates Negative momentum. The RSI at 44.82 is Neutral, neither overbought nor oversold. The STOCH value of 33.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BORORENEW.

Borosil Renewables Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TIMETECHNO	69 Neutral	₹90.88B	19.86	―	0.67%	7.53%	16.26%
HUHTAMAKI	66 Neutral	₹15.77B	15.84	―	0.96%	-1.59%	-75.34%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
EPL	65 Neutral	₹68.37B	16.56	―	2.34%	8.19%	58.19%
UFLEX	61 Neutral	₹34.30B	8.79	―	0.63%	7.44%	―
BORORENEW	46 Neutral	₹74.01B	-39.20	―	―	7.68%	-114.23%

Borosil Renewables Limited Corporate Events

Borosil Renewables to Participate in Kotak Midcap Conference 2025

Borosil Renewables Limited has announced its participation in the Kotak Midcap Conference 2025, scheduled for November 20, 2025, in Mumbai. The company’s representatives will engage in group and one-on-one meetings to discuss their investor presentation for the quarter and half-year ended September 30, 2025, highlighting the company’s ongoing commitment to transparency and investor engagement.

Borosil Renewables Ensures Compliance with SEBI Regulations

Borosil Renewables Limited has submitted a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, confirming the dematerialisation of securities for the quarter ending September 30, 2025. This step ensures compliance with regulatory requirements and maintains the integrity of the company’s securities management, reflecting its commitment to transparency and effective stakeholder communication.

Borosil Renewables Clarifies Volume Surge as Market-Driven

Borosil Renewables Limited has observed a significant increase in the volume of its securities, prompting inquiries from the National Stock Exchange of India. The company clarified that there are no undisclosed material events affecting this change, attributing the volume increase to market dynamics. This transparency aims to reassure investors and maintain market integrity.