BORORENEW
BOROSIL RENEWABLES LIMITED (BORORENEW) Stock Analysis
BOROSIL RENEWABLES LIMITED is an Indian solar glass and renewable materials company in the Borosil group. It manufactures tempered solar glass for photovoltaic module makers in India and globally. Demand tracks solar capacity additions and module production. The company is listed on Indian stock exchanges and operates from India.
Technology › Solar
₹428.50
-0.44% 1W | -33.40% 52W
Market Cap
6.3k CR
P/E Ratio
15.7
52W High
₹721
52W Low
₹374.4
Div. Yield
0%
Beta
0.1
50 DMA
₹494.9
200 DMA
₹507.9
Profit Margin
23.7%
Inst. Own.
3.9%
🔥 APPROACHING RESISTANCE
🔥 APPROACHING RESISTANCE
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 354 | 402 | 330 | 283 | 371 | 373 | 361 | 374 | 347 | 379 | 390 | 440 | 406 |
| Expenses | 328 | 369 | 310 | 309 | 349 | 344 | 372 | 358 | 284 | 260 | 268 | 304 | 279 |
| Operating Profit | 26 | 32 | 20 | -26 | 22 | 29 | -10 | 15 | 63 | 118 | 123 | 136 | 127 |
| OPM % | 7% | 8% | 6% | -9% | 6% | 8% | -2.8% | 4.1% | 18% | 31% | 31% | 31% | 31% |
| Other Income | 8 | 37 | 4 | 5 | 4 | 5 | 15 | 12 | -216 | -6 | 25 | 9 | 15 |
| Interest | 9 | 10 | 7 | 3 | 7 | 10 | 5 | 10 | 4 | 4 | 3 | 3 | 2 |
| Depreciation | 32 | 31 | 35 | 34 | 34 | 33 | 32 | 36 | 30 | 22 | 22 | 21 | 22 |
| Profit before tax | -7 | 29 | -18 | -57 | -16 | -8 | -32 | -18 | -187 | 87 | 122 | 120 | 118 |
| Tax % | 71% | -4% | -13% | -7% | -9% | 58% | -6% | 60% | 9% | 29% | 18% | -41% | 27% |
| Net Profit | -12 | 30 | -16 | -53 | -14 | -13 | -30 | -30 | -203 | 62 | 100 | 169 | 87 |
| EPS in Rs | -0.64 | 1.92 | -1.19 | -3.68 | -0.99 | -0.75 | -2.05 | -1.52 | -12.52 | 1.98 | 7.14 | 12.07 | 6.19 |
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 156 | 325 | 415 | 557 | 633 | 762 | 891 | 1,371 | 1,476 | 1,556 | 1,615 |
| Expenses | 146 | 296 | 368 | 495 | 541 | 653 | 748 | 1,313 | 1,418 | 1,115 | 1,110 |
| Operating Profit | 9 | 30 | 46 | 62 | 92 | 109 | 143 | 58 | 58 | 440 | 504 |
| OPM % | 6% | 9% | 11% | 11% | 14% | 14% | 16% | 4.2% | 3.9% | 28% | 31% |
| Other Income | 36 | 56 | 14 | 135 | 28 | 34 | 19 | 50 | 34 | -188 | 42 |
| Interest | 0 | 2 | 4 | 8 | 7 | 6 | 8 | 29 | 32 | 14 | 12 |
| Depreciation | 4 | 18 | 21 | 32 | 37 | 45 | 54 | 132 | 135 | 95 | 87 |
| Profit before tax | 41 | 65 | 36 | 156 | 76 | 92 | 101 | -53 | -74 | 142 | 447 |
| Tax % | 11% | 23% | 18% | 12% | 35% | 35% | 30% | -5% | 17% | 11% | |
| Net Profit | 39 | 51 | 29 | 137 | 49 | 60 | 71 | -50 | -87 | 127 | 418 |
| EPS in Rs | 3.27 | 4.12 | 2.68 | 13.93 | 4.89 | 5.90 | 5.34 | -3.59 | -5.25 | 9.21 | 27.38 |
| Dividend Payout % | 15% | 15% | 23% | 5% | 13% | 11% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 20.0% | – | 14.0% |
| Profit CAGR | 68.0% | – | 24.0% |
Shareholding Pattern
Promoters61.85%
FIIs4.81%
DIIs0.78%
Public32.57%
Promoters58.77%
FIIs4.01%
DIIs2.57%
Public34.67%
Promoters58.77%
FIIs4.27%
DIIs2.33%
Public34.63%
Promoters58.78%
FIIs6.14%
DIIs2.62%
Public32.46%
Promoters56.01%
FIIs5.62%
DIIs3.33%
Public35.04%
Promoters61.62%
FIIs6.18%
DIIs0.10%
Public32.09%
Promoters61.60%
FIIs4.37%
DIIs0.26%
Public33.78%
Promoters62.20%
FIIs4.54%
DIIs1.20%
Public32.07%
Promoters58.77%
FIIs4.27%
DIIs2.33%
Public34.63%
Promoters56.01%
FIIs5.62%
DIIs3.33%
Public35.04%
BORORENEW
Holdings Analysis
Key strengths & risk signals
68
Overall
81
Fundamental
56
Technical
Risks (4)
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
POOR YEAR! Stock declined 33.4% in the last year.
WEAK POSITION! Current price (428.5) is below both moving averages.
WEAK! Trading at 15.6% of 52W range - near yearly lows.
Strengths (4)
UNDERVALUED! PEG of 0.69 indicates stock is cheap relative to growth.
BREAKOUT! Stock has broken above resistance levels with momentum.
LOW VOLATILITY! Beta of 0.10 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 31.7 - watch for reversal.
Fundamental & Technical Analysis
68Overall
81Fundamental
56Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 20.2% (EXCELLENT, 15/15). Profit CAGR: 22.8% (EXCELLENT, 15/15).
Profit Margin
8/10
EXCELLENT EFFICIENCY! 23.7% profit margin - company keeps strong profits.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.69 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 32.02% public ownership - moderate retail influence.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (494.9) is below 200-day average (507.9) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (428.5) is below both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
0/10
POOR YEAR! Stock declined 33.4% in the last year.
Volume Sentiment
20/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 395,258 vs down days: 380,076. Ratio: 1.04x
RSI
4/5
APPROACHING OVERSOLD! RSI at 31.7 - watch for reversal.
52W Range
1/5
WEAK! Trading at 15.6% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.4% (1 week), 3.9% (1 month), 29.1% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.10 - stable stock, less market risk.
BORORENEW
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-22 | Concall PDF | |
| Q3FY262026-02-03 | Concall PDF | |
| Q2FY262025-11-17 | Concall PDF |
Peer Comparison
Technology · Solar · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BORORENEW | ₹428.50 | 15.7 | 23.7% | 20.2% | 22.8% | -33.4% | 68 | BREAKOUT | -152.1% | -48.7% | +17.1% | -7.8% |
| VIKRAMSOLR | ₹144.00 | 14.3 | 6.8% | 32.3% | 219.0% | -57.5% | 63 | CONSOLIDATING DOWN | -85.2% | -82.1% | +37.9% | +7.6% |
| SAATVIKGL | ₹396.80 | 29.3 | 5.9% | 95.5% | 322.3% | -21.1% | 74 | BOUNCE FROM SUPPORT | -95.3% | -90.9% | -44.2% | -68.2% |
| UTLSOLAR | ₹394.90 | 40.1 | 8.6% | 58.7% | 132.0% | +100.8% | 71 | CONSOLIDATING DOWN | -14.4% | -45.6% | +125.3% | +49.4% |
| EMMVEE | ₹277.20 | 14.2 | 23.5% | 102.7% | 394.6% | +28.6% | 73 | BREAKDOWN | +102.6% | -3.1% | +51.3% | -10.5% |
| SWSOLAR | ₹165.50 | – | 2.9% | 55.3% | – | -22.7% | 60 | BREAKOUT | +69.4% | -59.7% | -9.7% | -18.3% |
| WEBELSOLAR | ₹68.20 | 9.6 | 26.1% | 293.4% | – | -43.6% | 55 | BREAKOUT | +15.8% | -37.5% | +70.3% | -7.2% |
| RELTD | ₹141.20 | 52.3 | 12.5% | 30.6% | 66.2% | +1.3% | 72 | APPROACHING SUPPORT | -92.8% | -48.4% | -33.9% | -21.7% |
Data from TradeAlone · Updated daily
