BSE:502219

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Executive Summary

Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Borosil Renewables's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 502219's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.9%

502219

4.8%

IN Semiconductor

1.5%

IN Market


1 Year Return

-57.5%

502219

-46.9%

IN Semiconductor

2.2%

IN Market

Return vs Industry: 502219 underperformed the Indian Semiconductor industry which returned -46.9% over the past year.

Return vs Market: 502219 underperformed the Indian Market which returned 2.2% over the past year.


Shareholder returns

502219IndustryMarket
7 Day6.9%4.8%1.5%
30 Day-4.9%-2.8%0.09%
90 Day-35.6%-33.7%7.9%
1 Year-57.3%-57.5%-46.7%-46.9%4.2%2.2%
3 Year-66.7%-67.0%-61.9%-62.1%2.2%-2.7%
5 Year27.0%24.6%13.0%11.6%37.1%26.8%

Price Volatility Vs. Market

How volatile is Borosil Renewables's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Borosil Renewables undervalued compared to its fair value and its price relative to the market?

2.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 502219's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 502219's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 502219 is unprofitable, so we can't compare its PE Ratio to the IN Semiconductor industry average.

PE vs Market: 502219 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 502219's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 502219 is overvalued based on its PB Ratio (2.5x) compared to the IN Semiconductor industry average (0.6x).


Next Steps

Future Growth

How is Borosil Renewables forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

Forecasted Semiconductors industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Borosil Renewables has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Borosil Renewables performed over the past 5 years?

-26.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 502219 is currently unprofitable.

Growing Profit Margin: 502219 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 502219 is unprofitable, and losses have increased over the past 5 years at a rate of 26.5% per year.

Accelerating Growth: Unable to compare 502219's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 502219 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (9.7%).


Return on Equity

High ROE: 502219 has a negative Return on Equity (-2.91%), as it is currently unprofitable.


Next Steps

Financial Health

How is Borosil Renewables's financial position?


Financial Position Analysis

Short Term Liabilities: 502219's short term assets (₹1.3B) exceed its short term liabilities (₹825.9M).

Long Term Liabilities: 502219's short term assets (₹1.3B) exceed its long term liabilities (₹906.9M).


Debt to Equity History and Analysis

Debt Level: 502219's debt to equity ratio (25.6%) is considered satisfactory.

Reducing Debt: 502219's debt to equity ratio has increased from 7.2% to 25.6% over the past 5 years.

Debt Coverage: 502219's debt is well covered by operating cash flow (31.4%).

Interest Coverage: Insufficient data to determine if 502219's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Borosil Renewables's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 502219's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 502219's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 502219's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 502219's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 502219 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 502219's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Ramaswami Pillai (62 yo)

0.67

Tenure

₹16,297,584

Compensation

Mr. Ramaswami Velayudhan Pillai serves as Additonal and Whole-Time Director at Borosil Renewables Limited (formerly known as Borosil Glass Works Limited) since February 12, 2020. He served as an Whole-Time ...


CEO Compensation Analysis

Compensation vs Market: Ramaswami's total compensation ($USD221.65K) is above average for companies of similar size in the Indian market ($USD48.80K).

Compensation vs Earnings: Ramaswami's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Pradeep Kheruka
Executive Chairman0.92yr₹815.00k2.34%
₹ 195.0m
Ramaswami Pillai
Additional & Whole-Time Director0.67yr₹16.30mno data
Ashok Jain
Additional & Whole-Time Director0.67yr₹13.75mno data
Sunil Roongta
Chief Financial Officer0.67yr₹6.25mno data
Kishor Talreja
Company Secretary & Compliance Officer0.67yr₹3.01mno data
Sanjeev Jha
Head of Operations0.33yrno datano data
Arun Kumar
Vice President of Legal & Secretarialno datano datano data
Priyanka Kheruka
Associate Vice President of Marketing7.83yrsno datano data
Rovino Rodrigues
Product Head of Speciality Laboratory Productsno datano datano data
Balaji Reddipalli
Group Head of Supply Chain & ITno datano datano data
Vinayak Patankar
Vice President of Science & Industrial Productsno datano datano data
Rituraj Sharma
Vice President of Consumer Productsno datano datano data

0.7yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 502219's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Pradeep Kheruka
Executive Chairman0.92yr₹815.00k2.34%
₹ 195.0m
Ramaswami Pillai
Additional & Whole-Time Director0.67yr₹16.30mno data
Ashok Jain
Additional & Whole-Time Director0.67yr₹13.75mno data
Haigreve Khaitan
Additional & Independent Non-Executive Director0.67yr₹75.00kno data
Raj Jain
Additional & Independent Director0.67yr₹75.00kno data
Bajrang Kheruka
Chairman Emeritus0.92yr₹19.31m6.18%
₹ 514.9m
Shreevar Kheruka
Vice-Chairman of the Board0.33yr₹5.30m1.71%
₹ 142.6m
Pradeep Bhide
Additional & Independent Non-Executive Director0.67yrno datano data
Shalini Kamath
Additional & Independent Non-Executive Director0.67yr₹75.00kno data
Asif Ibrahim
Additional & Independent Non-Executive Director0.67yr₹75.00kno data

0.7yrs

Average Tenure

63yo

Average Age

Experienced Board: 502219's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.4%.


Top Shareholders

Company Information

Borosil Renewables Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Borosil Renewables Limited
  • Ticker: 502219
  • Exchange: BSE
  • Founded: 1962
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: ₹8.332b
  • Shares outstanding: 114.06m
  • Website: https://www.borosilrenewables.com

Number of Employees


Location

  • Borosil Renewables Limited
  • Bandra Kurla Complex
  • 1101, Crescenzo, G-Block
  • Mumbai
  • Maharashtra
  • 400051
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
502219BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1995
BORORENEWNSEI (National Stock Exchange of India)YesEquity SharesININRJul 1995

Biography

Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. It provides clear patterned glass and low iron solar glass for various applications in ph ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/01 12:45
End of Day Share Price2020/10/01 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.