Borosil Renewables Ltd
Borosil Renewables Ltd (BORORENEW)

Borosil Renewables Ltd (BORORENEW)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return10.64 %
3 Month Return-6.51 %
1 Year Return97.28 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 304
Rank 225
Rank 338
Dividend Yield
Rank 161
Rank 88
Price To Book Ratio
Rank 299
Debt To Asset
Rank 434

Company Information

Borosil Renewables Limited formerly known as Borosil Glass Works was formed in Dec.62 mainly to acquire the undertaking of the Industrial and Engineering Apparatus Company Pvt Ltd. In Jun.90 the company came out with a rights issue. It manufactured borosilicate tyre neutral and heatresistant tubing and rods scientific apparatus laboratory glassware etc. Its plants are located in Tamilnadu and Maharashtra. In 1963 a technical collaboration agreement was entered into with Corning Glass Works New York. The company has subsidiary namely Gujarat Borosil. In 199596 the company has come out with a modernisation programme as well as a diversification programme. As part of the modernisation programme it proposes to manufacture borosilicate glass tubings in the Marol plant. As part of its diversification programme the company has envisaged a new project at its Marai Malai Nagar plant for the manufacture of heat resistant borosilicate opal tableware.The sale of imported consumerware under the brand name Borosil International and Boromoili Rocco have performed well during 20002001. Gujarat Borosil Ltd ceased to be a subsidiary of the company from 30th March 2002. In 200203 the company entered into a contract with Amercian Consultant for supply of designsdrawingsequipments and technical knowhow for upgradation of furnace No 1 by enhancing its capacity from 12 MT to 22 MT per day. In 2010 the company set up Indias first and the only solar glass productino line with 180 tons per day facility in Bharuch Gujarat. In 2013 it introduced Antireflecting Coating for solar glass which was the first of its kind in India.In 2014 it developed worlds first Antimonyfree solar Glass.In 2017 it developed Worlds first fully tempered solar glass in 2mm thickness.In 2019 it expanded it capacity to 450 tons per dayequivalent to 2.5 GW/annum and introduced Shakti : Solar glass in the mattmatt finish and Selene: Antiglare solar glass for PV installations near Airports.In 2020 Vyline Glass Works Ltd Fennel Investment and Finance Pvt Ltd and Gujarat Borosil Ltd got merged with the Company and Scientific and Industrial products and Consumer products businesses got demerged into Borosil Ltd.
OrganisationBorosil Renewables Ltd
IndustryGlass & Glass Products