Borosil Renewables Limited (BORORENEW) AI Stock Analysis

• Market Cap: ₹77.82B
• Dividend Yield: N/A
• Average Volume (3M): 70.29K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.96
• Revenue Growth: 7.96%
• EPS Growth: -48.06%
• Country: IN
• Employees: 809
• Sector: Energy
• Sector Strength: 43
• Industry: Packaging & Containers
• EPS (TTM): N/A
• Shares Outstanding: 132,466,750
• 10 Day Avg. Volume: 29,479
• 30 Day Avg. Volume: 70,287
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ₹648.00
• Price Target Upside: 10.03% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: ₹648.00 ▲(10.03% Upside)

Borosil Renewables Limited's stock score is primarily impacted by its financial challenges, despite strong revenue growth and bullish technical indicators. The overvaluation on a P/E basis and lack of dividend yield further weigh on the score. Improvements in profitability and cash flow management are critical for enhancing financial health and stock attractiveness.

Borosil Renewables Limited Business Overview & Revenue Model

Company Description

Borosil Renewables Limited (BORORENEW) is a leader in the renewable energy sector, primarily focused on the manufacturing and supply of solar glass products. As the only solar glass manufacturer in India, the company plays a pivotal role in the photovoltaic industry, providing high-quality, durable, and efficient solar glass used in the production of solar modules. Borosil Renewables is committed to promoting sustainable energy solutions and reducing carbon footprints through its innovative products.

How the Company Makes Money

Borosil Renewables Limited generates revenue primarily through the sale of its solar glass products, which are essential components for solar panels. The company supplies these products to manufacturers of solar photovoltaic modules both domestically and internationally. Its revenue streams are bolstered by its strong relationships with key players in the solar industry, ensuring a steady demand for its products. Additionally, Borosil Renewables benefits from government incentives and policies promoting renewable energy, which drive the growth of solar energy infrastructure and, consequently, the demand for solar glass. The company may also engage in strategic partnerships and collaborations to expand its market reach and enhance its technological capabilities, further contributing to its earnings.

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 levels are a concern. Operational efficiency and cash flow management need improvement to leverage revenue growth effectively.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.79B	13.63B	8.91B	6.42B	5.01B
Gross Profit	10.52B	4.23B	4.04B	2.78B	1.99B
EBITDA	925.87M	1.07B	1.62B	2.65B	2.02B
Net Income	-695.68M	-468.95M	696.32M	1.66B	896.45M
Balance Sheet
Total Assets	14.54B	16.84B	16.32B	10.55B	7.83B
Cash, Cash Equivalents and Short-Term Investments	1.00B	1.48B	1.26B	2.25B	2.82B
Total Debt	2.52B	5.76B	4.21B	1.57B	788.74M
Total Liabilities	4.55B	7.91B	6.90B	2.71B	1.68B
Stockholders Equity	9.97B	8.73B	9.19B	7.85B	6.15B
Cash Flow
Free Cash Flow	-93.52M	-1.48B	-3.54B	-2.00B	1.34B
Operating Cash Flow	997.87M	687.46M	-63.71M	1.73B	1.61B
Investing Cash Flow	-1.42B	-2.15B	-2.41B	-2.60B	-3.32B
Financing Cash Flow	-526.84M	1.68B	2.38B	958.93M	1.72B

Borosil Renewables Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 588.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BORORENEW, the sentiment is Neutral. The current price of 588.95 is below the 20-day moving average (MA) of 608.06, above the 50-day MA of 566.60, and above the 200-day MA of 529.01, indicating a neutral trend. The MACD of 8.04 indicates Positive momentum. The RSI at 50.05 is Neutral, neither overbought nor oversold. The STOCH value of 19.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	76 Outperform	₹100.13B	24.80		0.43%	8.49%	20.83%
EPL	72 Outperform	₹74.02B	18.70		2.12%	7.49%	76.54%
Sector *	66 Neutral	$14.83B	8.53	6.06%	5.45%	4.59%	-62.54%
HUHTAMAKI	63 Neutral	₹16.09B	21.60		0.96%	-0.87%	-82.44%
UFLEX	62 Neutral	₹42.49B	29.85		0.51%	12.52%	―
BORORENEW	55 Neutral	₹77.82B	―		―	7.96%	-48.06%

Borosil Renewables Limited Corporate Events

Borosil Renewables Releases Q1 FY-26 Earnings Call Transcript

Borosil Renewables Limited has released the transcript of its Q1 FY-26 earnings conference call, which was held on July 24, 2025. The release of the transcript provides stakeholders with insights into the company’s financial performance and strategic direction, potentially impacting investor perceptions and market positioning.