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Borosil Renewables Ltd (BORORENEW)

₹508.30.6%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹503.5
    ₹515.75
  • 52 Week's Low

    52 Week's High

    ₹391.05
    ₹669.35
1 Month Return+ 1.64 %
3 Month Return-3.05 %
1 Year Return+ 4.7 %
Previous Close₹505.25
Open₹506.00
Volume3.03L
Upper Circuit-
Lower Circuit-
Market Cap₹6,595.42Cr

Key Statistics

P/E Ratio-140.74
PEG Ratio15.78
Market Cap₹6,595.42 Cr
P/B Ratio6.13
EPS5.41

Mutual Fund Holdings

Funds HoldingsPrev. 6M
UTI Innovation Fund Direct GrowthUTI Innovation Fund Direct Growth1.17%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.13%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.13%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Smallcap 250 Index Fund Direct Growth0.13%
ICICI Prudential Nifty Smallcap 250 Index Fund Direct GrowthICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth0.14%

Company Information

Borosil Renewables Ltd, founded in 1983, is a leading Indian renewable energy company and a subsidiary of the Borosil Group. The company is headquartered in Mumbai, India and provides a wide range of renewable energy solutions, including solar, wind, biomass and hydropower. The company also offers energy storage solutions, such as solar batteries, and energy efficiency solutions, such as LED lighting.

Borosil Renewables Ltd has a strong presence in the solar energy sector, with solar photovoltaic (PV) systems, solar water heating systems and solar street lighting solutions. The company also offers wind energy solutions, including wind turbines, and biomass solutions, such as biogas and biofuel. In addition, Borosil Renewables Ltd offers energy storage solutions, such as solar batteries, and energy efficiency solutions, such as LED lighting.

The company has a portfolio of popular brands, including Borosil Solar, Borosil Wind, Borosil Biomass and Borosil Energy Storage. Its top products include solar PV systems, solar water heating systems, wind turbines, solar batteries and LED lighting solutions.

Share Price: ₹508.30 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹6,595.42Cr as of today
Revenue: ₹283.11Cr as on March 2024 (Q1 24)
Net Profit: ₹-53.32Cr as on March 2024 (Q1 24)
Listing date: 04 Jul, 1997
Chairperson Name: P K Kheruka
OrganisationBorosil Renewables Ltd
Headquarters
IndustryGlass & Glass Products
E-voting on sharesClick here to vote

Key events for Borosil Renewables Ltd

  • Borosil Raises Rs 149.99 Crore Through QIP - 26 Jun, 2024

    Borosil Renewables has raised Rs 149.99 crore through a qualified institutional placement (QIP) route, with the allotment of 47,16,981 equity shares to eligible buyers at an issue price of Rs 318 per share. The company reported a net loss of Rs 53.32 crore in Q4 FY24 and an 8.39% fall in revenue from operations. Despite this, the stock rose by 0.55% to trade at Rs 348.05 on the BSE.

  • Borosil Renewables Launches QIP to Raise Funds - 25 Jun, 2024

    Borosil Renewables has launched a qualified institutional placement (QIP) to raise funds, fixing the floor price at ₹331.75 per share.

  • Borosil Renewables Board Approves Rights Issue - 10 Jun, 2024

    Borosil Renewables announces plans to raise up to Rs 450 crore through a rights issue. The proceeds will be used to prepay part of the company's term loans.

  • Borosil Renewables Plans Rights Issue to Raise Funds - 07 Jun, 2024

    Borosil Renewables Ltd has announced plans to raise up to Rs 450 crore through a rights issue. The proceeds will be used to prepay part of the term loans. The company posted revenue of Rs 986 crore for FY24 with a net loss of Rs 17 crore on standalone basis.

  • Borosil Renewables Reports Decline in Revenue and Net Profit - 28 May, 2024

    Borosil Renewables reports an 8.39% YoY decline in consolidated net sales for March 2024, with a quarterly net loss of Rs. 48.07 crore. The company attributes this to lower selling prices in India due to dumping and low demand in European markets. Shares dropped over 5% on the news.

Insights on Borosil Renewables Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.22% to 0.23% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 33.78% to 33.84% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 225.9% return, outperforming this stock by 221.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 61.60% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 619.9% return, outperforming this stock by 546.3%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 25.05 Cr → -48.07 Cr (in ₹), with an average decrease of 185.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 4.36% to 4.32% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, BORORENEW stock has moved down by -3.7%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 439.11 Cr → 288.23 Cr (in ₹), with an average decrease of 18.8% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹283.11Cr
↓14.21%
Net Income
-₹53.32Cr
↑235.56%
Net Profit Margin
-18.83%
↑290.66%
2023Y/Y Change
Revenue
₹894.03Cr
↑17.37%
Net Income
₹70.64Cr
↑17.71%
Net Profit Margin
7.90%
↑0.25%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,397.07Cr
↑32.02%
Total Liabilities
₹519.47Cr
↑90.07%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹25.64Cr
↓85.21%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
61.6%
0.00
Foreign Institutions
4.32%
-1.04
Mutual Funds
0.23%
4.07
Retail Investors
33.84%
0.18
Others
0.01%
-62.67

Key Indicators

Borosil Renewables Ltd Valuation

Borosil Renewables Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-152.56x)

April 3, 2024

Today (-140.74x)

July 12, 2024

Industry (76.89x)

July 12, 2024

Highest (733.26x)

January 31, 2024

LowHigh

Earnings and Dividends

  • Borosil Renewables Ltd Earnings Results

    Borosil Renewables Ltd’s net profit fell -575.94% since last year same period to ₹-48.07Cr in the Q4 2023-2024. On a quarterly growth basis, Borosil Renewables Ltd has generated -208.93% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Borosil Renewables Ltd Dividends May,2019

    In the quarter ending March 2019, Borosil Renewables Ltd has declared dividend of ₹0.65 - translating a dividend yield of 0.62%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Borosil Renewables Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Borosil Renewables Ltd (BORORENEW) share price today is ₹508.3

Borosil Renewables Ltd is listed on NSE

Borosil Renewables Ltd is listed on BSE

  • Today’s highest price of Borosil Renewables Ltd is ₹515.75.
  • Today’s lowest price of Borosil Renewables Ltd is ₹503.5.

PE Ratio of Borosil Renewables Ltd is -140.74

PE ratio = Borosil Renewables Ltd Market price per share / Borosil Renewables Ltd Earnings per share

Today’s traded volume of Borosil Renewables Ltd(BORORENEW) is 3.03L.

Today’s market capitalisation of Borosil Renewables Ltd(BORORENEW) is ₹6595.42Cr.

Borosil Renewables Ltd(BORORENEWPrice
52 Week High
₹669.35
52 Week Low
₹391.05

Borosil Renewables Ltd(BORORENEW) share price is ₹508.3. It is down -24.06% from its 52 Week High price of ₹669.35

Borosil Renewables Ltd(BORORENEW) share price is ₹508.3. It is up 29.98% from its 52 Week Low price of ₹391.05

Borosil Renewables Ltd(BORORENEWReturns
1 Day Returns
3.05%
1 Month Returns
1.64%
3 Month Returns
-3.05%
1 Year Returns
4.7%