About

Borosil Limited manufactures houseware products within the consumer durables segment of consumer discretionary. With a market cap of ₹2,853 Cr and quarterly standalone revenue ranging from ₹256 to ₹340 Cr, it operates as a scaled player in the Indian household products market.

Face value: ₹1

Market cap

₹3,351 Cr

P/E

47.8×

P/B

3.8×

Dividend yield

0%

ROE

8.8%

ROCE

11.8%

Debt / equity

0.15

OPM

14.1%

EPS (TTM)

₹5.9

Book value

₹74.2

52-week high

₹354.9

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue fell 25% from ₹338.75 Cr (Dec 2025) to ₹256.56 Cr (Jun 2026); determine whether this is seasonal trough or signals structural demand weakness

Net profit fell from ₹23.95 Cr (Dec 2025) to ₹13.6 Cr (Jun 2026), with OPM compressed from 15.61% to 13.58%; identify cost or pricing pressures

Stock down 27.4% over 12 months while PE stands at 40.73; verify management's recovery guidance and earnings stabilization timeline

As revenue fell 25% and margins compressed, per-unit fixed costs rose; verify cost structure flexibility and recovery levers

Generated analysis · source review pending

Growth drivers

Quarterly revenue pattern (Sep/Dec at ~340 Cr vs Mar/Jun at ~270–286 Cr) suggests seasonal strength; verify whether Q3/Q4 2026 will recover from the 25% trough

Margin recovery: OPM was 15.61% (Dec 2025) and currently 13.58% (Jun 2026); identify cost actions or pricing levers to restore the prior peak

Low debt (D/E 0.15) enables reinvestment; verify capex or product innovation plans to drive consumer durables volume or market reach

Houseware category tied to household formation and appliance replacement cycles; verify if current weakness is cyclical downturn

Generated analysis · source review pending

₹280.2-20.4%1Y

Beta

0.89

Moves with the index

Volatility (1y)

39.1%

Annualised, daily returns

RSI (14)

58

Neither overbought nor oversold

Rel. strength (1y)

-32.4%

Behind the market

Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.

Quick read

rule-based

Pros

+Revenue CAGR of 15.4% over the last 5 years
+Comfortable interest coverage of 17×
+High promoter holding of 64.7% with no pledge

Cons

−Low return on equity of 9.5% (3-yr avg)

Research score

Structured signal from quality, growth, valuation and momentum.

37/100

Business quality: 52
Growth: 17
Valuation: 39

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Cello World LimitedCELLOCELLO	₹7,137 Cr	₹7,172 Cr	₹2,321 Cr	₹461 Cr	20.3%	₹324 Cr	14.3%	17.4%	13.6%	238
Hawkins Cookers LimitedHAWKINCOOKHAWKINCOOK	₹4,254 Cr	—	₹1,253 Cr	₹181 Cr	14.4%	₹131 Cr	10.5%	—	—	—
Borosil LimitedBOROLTDBOROLTD	₹3,351 Cr	₹3,488 Cr	₹1,217 Cr	₹166 Cr	14.1%	₹70 Cr	6.2%	11.8%	8.8%	259
All Time Plastics LimitedALLTIMEALLTIME	₹1,232 Cr	₹1,312 Cr	₹614 Cr	₹85 Cr	14.7%	₹34 Cr	5.8%	9.7%	5.8%	82
Maharaja & Speedex India LtdSPEEDEXSPEEDEX	₹420 Cr	—	₹94 Cr	₹11 Cr	11.4%	₹6 Cr	6%	—	—	—
Maruti Interior Products LtdSPITZESPITZE	₹236 Cr	—	₹52 Cr	₹7 Cr	13.2%	₹4 Cr	6.9%	—	—	—
Inflame Appliances LtdINFLAMEINFLAME	₹172 Cr	—	₹152 Cr	₹19 Cr	12.5%	₹6 Cr	3.8%	—	—	—
Riddhi Display Equipments LtdRDELRDEL	₹25 Cr	—	₹29 Cr	₹8 Cr	26.5%	₹4 Cr	14.6%	—	—	—
Gorani Industries LtdGORANINGORANIN	₹22 Cr	₹36 Cr	₹43 Cr	₹2 Cr	5.4%	₹1 Cr	1.7%	14.6%	4.6%	274

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	365	636	585	840	1,027	942	1,108	1,196
COGS	97	222	243	308	412	380	407	473
Gross profit	268	414	341	532	615	562	701	723
	212	336	259	388	488	430	531	554
	55	78	82	144	126	133	170	169
OPM %	15.1%	12.2%	14.1%	17.1%	12.3%	14.1%	15.4%	14.1%
Depreciation	26	38	35	34	39	54	81	87
Interest	10	6	2	1	2	9	13	7
	14	10	17	13	34	18	27	26
Profit before tax	33	44	61	122	119	88	103	101
Tax	9	8	19	37	29	22	29	26
Tax %	25.4%	19%	30.8%	30.2%	24.1%	25%	28.1%	26%
	25	35	42	85	90	66	74	75
PAT margin %	6.8%	5.6%	7.2%	10.2%	8.8%	7%	6.7%	6.2%
EPS (₹)	—	—	3.7	7.3	7.9	5.8	6.3	6.2
EPS adjusted (₹)	2.2	3.1	3.7	7.5	7.9	5.8	6.2	6.2
	—	—	27.1%	0%	0%	0%	0%	—
Annual report	—	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	11	11	11	11	11	11	12	12
Reserves	598	—	683	756	852	569	796	875
Minority interest	13	—	13	16	16	—	—	—
	65	—	7	0	97	154	78	136
	128	—	148	174	236	346	246	258
Total equity & liabilities	815	—	863	957	1,213	1,080	1,131	1,282
	337	257	346	275	511	547	582	531
CWIP	16	—	13	25	47	25	18	105
Investments	125	—	247	198	180	86	50	84
	337	—	257	459	476	421	480	561
Total assets	815	—	863	957	1,213	1,080	1,131	1,282

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs.

Source XBRL ↗

Latest reported period · 31 Mar 2023 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities
Consumerware	741.82	59.71	—	136.76
Scientificware	285.3	41.97	—	57.58
Investments	0	1.94

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	73.3%	65%	58.4%	63.3%	59.8%	59.7%	63.3%	60.4%
EBITDA margin %	15.1%	12.2%	14.1%	17.1%	12.3%	14.1%	15.4%	14.1%
EBIT margin %	8%	6.2%	8%	13.1%	8.5%	8.4%	8%	6.8%
PAT margin %	6.8%	5.6%	7.2%	10.2%	8.8%	7%	6.7%	6.2%
Working capital
Receivable days	91	—	41	32	33	35	33	33
Inventory days	647	—	221	229	214	243	299	282
Payable days	—	—	77	68	55	85	71	56
NWC days	—	—	185	194	191	193	261	259
Leverage
Current ratio	8.49	—	3.27	3.34	2.11	1.18	1.96	2.21
Debt to EBITDA	1.18	—	0.09	0	0.77	1.16	0.46	0.81
Debt to equity	0.11	—	0.01	0	0.11	0.27	0.1	0.15
Interest coverage	4.4	8.8	26.3	120	46.6	11	9.1	17
Asset turnover	0.45	—	0.68	0.88	0.85	0.87	0.98	0.93
Return ratios
Return on assets %	3.1%	—	4.9%	8.9%	7.4%	6.1%	6.6%	5.8%
Return on capital employed %	5.6%	—	8.7%	17.5%	12.6%	11.6%	14.7%	11.8%
Return on equity %	4.1%	—	6.1%	11.1%	10.4%	11.4%	9.2%	8.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	70.21%	70.18%	70.18%	67.41%	64.71%	64.68%	64.65%	64.63%	64.62%	64.62%	64.69%	64.68%
	0.71%	0.78%	0.85%	1.87%	0.97%	0.8%	0.29%	0.35%	0.44%	0.35%	0.34%	0.35%
	1.32%	1.39%	1.46%	3.81%	5.15%	5.44%	6.27%	6.13%	6.07%	6.1%	6.18%	6.2%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	27.76%	27.65%	27.51%	26.91%	29.17%	29.08%	28.79%	28.89%	28.87%	28.93%	28.79%	28.77%
No. of shareholders	—	—	—	—	—	—	—	—	74,290	73,900	74,127	73,935

Promoter holding down 5.53 percentage points since Sep 2023.

14 deals · 16 Dec 2021 – 25 Aug 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
25 Aug 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	10,69,036	₹273.23	₹29.21 Cr
25 Aug 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	10,69,036	₹273.37	₹29.22 Cr
25 Aug 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Sell	8,26,313	₹273.59	₹22.61 Cr
25 Aug 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Buy	8,26,313	₹273.45	₹22.60 Cr
28 Jun 2024	KIRAN KHERUKA	Bulk	BSE	Sell	16,32,800	₹318.08	₹51.94 Cr
28 Jun 2024	CARNELIAN ASSET MANAGEMENT & ADVISORS PRIVATE LIMITED	Bulk	BSE	Buy	13,85,000	₹318.05	₹44.05 Cr
28 Jun 2024	PRADEEP KUMAR KHERUKA	Bulk	BSE	Sell	7,64,150	₹318.05	₹24.30 Cr
28 Jun 2024	REKHA KHERUKA	Bulk	BSE	Sell	7,48,650	₹318.06	₹23.81 Cr
28 Jun 2024	CARNELIAN STRUCTURAL SHIFT FUND	Bulk	BSE	Buy	6,60,000	₹318.05	₹20.99 Cr
26 Jul 2023	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM	Bulk	BSE	Sell	10,53,000	₹430.04	₹45.28 Cr

1–10 of 14

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Pradeep Kumar KherukaNon-Executive - Non Independent Director-Chairperson
Mr. Shreevar KherukaExecutive Director-MD
Mr. Rajesh ChaudharyExecutive Director
Mrs. Anupa Rajiv SahneyNon-Executive - Independent Director
Mr. Kewal Kundanlal HandaNon-Executive - Independent Director
Mr. Kanwar Bir Singh AnandNon-Executive - Independent Director
Mr. Adarsh MenonNon-Executive - Independent Director
Mr. Rituraj SharmaChief Executive Officer
Mr. Anand SultaniaChief Financial Officer
Mr. Bhaunik ShahCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

3

across 3 fund houses

Held by these funds

3.46%

of the company's equity

All mutual funds

3.48%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

3 schemes · 3 fund houses

		Shares
Small Cap Fund	DSP Mutual Fund	41 L	100.8	0.47%	3.428%	-0
Ethical Fund	Quantum Mutual Fund	41,023	1.01	0.79%	0.034%	-0
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	117	0	0%	0%	-0

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

30

Annual reports

6

Credit ratings

1

Update on Credit Rating is enclosed.9 Dec 2025

Investor Presentation and earnings call

5

Aug 2026Transcript AI Summary PPT REC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Dividend dividend17 Aug 2021 · ex-date₹1

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

38 announcementsExport CSV

25 Jun 2026, 2:46 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

28 May 2026, 8:18 pmCompany Update

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Earnings Call Transcript PDF

22 May 2026, 6:44 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Analyst / Investor Meet PDF

22 May 2026, 3:48 pmCompany Update

Compliances-Reg.24(A)-Annual Secretarial Compliance

Reg.24(A)-Annual Secretarial Compliance PDF

22 May 2026, 1:03 pmCompany Update

Announcement under Regulation 30 (LODR)-Investor Presentation

Investor Presentation PDF

20 May 2026, 8:29 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

19 May 2026, 9:19 pmCompany Update

Appointment of Company Secretary and Compliance Officer

Appointment of Company Secretary / Compliance Officer PDF

19 May 2026, 9:09 pmCompany Update

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Appointment of Statutory Auditor/s PDF

Date	Category	Subject	Filing
25 Jun 2026, 2:46 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
28 May 2026, 8:18 pm	Company Update Earnings Call Transcript	Announcement under Regulation 30 (LODR)-Earnings Call Transcript	PDF

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₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	40	53	186	77	64	48	-19	119
	-21	-33	-137	-37	-177	-106	-41	-165
	-17	-27	-45	-24	99	55	56	48
Net cash flow	—	-7	4	16	-14	-3	-4	2
Free cash flow	12	-3	164	-11	-204	-127	-117	-19
CFO / Operating profit %	72.3%	68.2%	225.6%	53.3%	50.5%	36.2%	-11.4%	70.4%

Borosil Limited

Borosil Limited

About

Key insights

Key risks

Growth drivers

Risk & technicals

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends1

Board meetings1

Announcements

Dividends1

Board meetings1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Stock price CAGR

Return on equity

Consumerware · revenue

1

1

1

1