Borosil Renewables Ltd (BORORENEW) — shareholding pattern, promoter holding, financials and share price
About Borosil Renewables Ltd (BORORENEW)
Borosil Renewables Ltd operates in the Glass - Industrial industry, within the Capital Goods sector. It trades on the NSE as BORORENEW and on the BSE under scrip code 502219. Its ISIN is INE666D01022.
Borosil Renewables is engaged in manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Greenhouses. (Source: 202003-01 Annual Report Page No:188)
Borosil Renewables Limited is India’s first and largest solar glass manufacturer, supplying glass for photovoltaic panels and greenhouses, playing a crucial role in the solar energy sector.
The company reported a record 40.4% YoY increase in Q3FY26 standalone revenue to ₹386.50 Crores, driven by higher selling prices, marking significant profitability growth.
Listed peers in Glass - Industrial: Vesuvius India Ltd, Time Technoplast Ltd, Jayaswal Neco Industries Ltd, Esab India Ltd, RHI Magnesita India Ltd, KRN Heat Exchanger and Refrigeration Ltd.
Valuation & Returns
10 Jul 2026At ₹640.65 a share on 10 Jul 2026, Borosil Renewables Ltd (BORORENEW) was valued at a price-to-earnings ratio of 70.54x against an industry P/E of 37x and a price-to-book of 9.01x on a book value of ₹71.1 per share as of Mar 2025. Solomo computes return on equity of 12.77% and return on capital employed of 12.54% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 70.54x
- Industry P/E
- 37x
- P/B
- 9.01x
- EPS (TTM)
- ₹9.08
- Book value / share
- ₹71.1
- ROE
- 12.77%
- ROCE
- 12.54%
- ROA
- 8.76%
- Debt / equity
- 0.25x
- Dividend yield
- 0%
- EBITDA margin
- 16.2%
- 52-week range
- ₹374.7 – ₹720.85
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Borosil Renewables Ltd (BORORENEW) reported revenue of ₹1,556 crore, net profit of ₹127 crore and earnings per share of ₹9.21. That compares with revenue of ₹1,476 crore and net profit of ₹-87 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹406 crore and net profit ₹87 crore (consolidated).
| Metric | Mar 2019 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 762 | 891 | 1,371 | 1,476 | 1,556 |
| Net profit (₹ cr) | 60 | 71 | -50 | -87 | 127 |
| EPS (₹) | 5.9 | 5.34 | -3.59 | -5.25 | 9.21 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 19.57% | 32.56% | 19.88% | 7.69% |
| Profit growth | 8.87% | 136.45% | -41.35% | -73.01% |
| Stock price CAGR | 37% | 16% | 8% | 8% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 58.77% of Borosil Renewables Ltd (BORORENEW) (unchanged from the previous quarter), foreign institutional investors (FII) hold 6.14% and domestic institutional investors (DII) hold 2.62%. Market capitalisation was ₹8,987 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS 1.92%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 58.77% | - | 6.14% | 2.62% | 41.23% |
| Mar 2026 | 58.77% | - | 4.27% | 2.32% | 41.23% |
| Dec 2025 | 58.77% | - | 4.01% | 2.56% | 41.23% |
| Sep 2025 | 61.85% | - | 4.81% | 0.78% | 38.15% |
| Jun 2025 | 61.93% | - | 4.62% | 0.72% | 38.07% |
| Mar 2025 | 62.2% | - | 4.54% | 1.2% | 37.8% |
| Dec 2024 | 61.59% | - | 5.35% | 1.02% | 38.41% |
| Sep 2024 | 61.6% | - | 4.19% | 0.23% | 38.4% |