BOROLTDConsumer Discretionary

Borosil Limited

Houseware · ISIN INE02PY01013 · BSE 543212 · NSE EQ · FV ₹1
Last price
₹253
+2.69%today
What this company does

Borosil Limited operates in Houseware, part of the Consumer Discretionary sector. It booked ₹254 cr of revenue in its latest quarter (Q1 FY27) and kept 5.0% of sales as profit. It is the 2nd largest of 3 Houseware companies we track, by market value.

Borosil offers a comprehensive range of kitchen solutions, addressing the storage, cooking, and serving needs of our customers. Our company has been a trusted name in India for decades. We are known for our extensive array of glassware products and have pioneered categories such as microwavable glassware, glass lunch boxes, and multi-utility glass storage solutions.
Their stated vision

is to be the most customer centric company in India.

In the report:
50out of 100
Equitytale Health Score
Mixed

Healthier than 50% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns45

How much profit it earns on the money it employs

Balance sheet67

How much it owes, and whether earnings cover the interest

Cash quality31

Whether reported profit actually arrives as cash

Growth & consistency53

Whether sales and profit have grown, and how steadily

Valuation17

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Sales up 9% vs last year
Promoters hold 65%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 5.0% net margin
! Profit down 26% vs last year
! Low 5.8% return on equity

What if I invest in BOROLTD?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹253 +2.69%
latest close · 2026-09-17
1-year return
+21.1%
52-wk low ₹19952-wk high ₹499
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio59.2High
LowAverageHigh
P/B ratio3.42High
Below bookModerateHigh
EV / EBITDA19.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.8%Weak
WeakFairStrong ▸15%
Return on capital7.6%Weak
WeakFairStrong
Net margin5.0%Decent
ThinDecentStrong
EBITDA margin16.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.15Comfortable
LowModerateHigh ▸1
Interest cover10.6×Strong
RiskyOkayStrong ▸5×
Current ratio2.21Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,030 cr
Book value
₹74
EPS
₹1.07
latest quarter
Net debt
₹134 cr
owes more than its cash
Enterprise value
₹3,164 cr
EBITDA
₹164 cr
annualised
EBIT
₹77 cr
annualised
Operating margin
7.6%
Return on assets
4.0%
Earnings yield
1.69%
P/S
2.99
Sales / share
₹84.8
Tax rate
26.6%
Face value
₹1
Shares
12.0 cr
Working capital
₹321 cr
Current assets
₹586 cr
Current liabilities
₹265 cr
Delivery %
46.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹42₹44, midpoint ₹43

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹254 cr
Other Income₹7 cr
Total Income₹260 cr
Cost of Materials₹21 cr
Purchases of Stock-in-Trade₹84 cr
Inventory Change (±)₹-27 cr
Employee Benefit Expense₹33 cr
Finance Costs₹2 cr
Depreciation & Amortisation₹22 cr
Other Expenses₹108 cr
Total Expenses₹243 cr
Profit before Tax₹17 cr
Tax Expense₹5 cr
Net Profit₹13 cr
Net margin on total income4.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹78 cr30.1%
Employee benefit expense₹33 cr12.7%
Finance costs₹2 cr0.7%
Depreciation & amortisation₹22 cr8.4%
Other expenses₹108 cr41.4%
Tax expense₹5 cr1.8%
Profit for the period₹13 cr4.9%
Total income ₹260 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue339 cr284 cr254 cr
Total income345 cr292 cr260 cr
Expenses309 cr277 cr243 cr
Profit before tax32 cr15 cr17 cr
Tax8 cr4 cr5 cr
Net profit (owners' share)24 cr11 cr13 cr
Net margin (owners' share, on revenue)7.1%3.7%5.0%
EPS (₹)2.000.891.07
YoY (latest quarter): total income +7.3% · net profit -26.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,282 cr
Shareholder equity
₹887 cr
parent shareholders
Total debt
₹136 cr
Cash
₹3 cr
Cash flow · H1 FY26
Operating
₹50 cr
Investing
₹-35 cr
Financing
₹-15 cr
Peer comparison
Houseware · by market value
CompanyPriceMarket capP/E
Cello World Limited₹328₹7,236 cr25.2
Borosil Limitedthis company₹253₹3,030 cr59.2
All Time Plastics Limited₹208₹1,363 cr28.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 17 Aug 2021
ActionDetailEx-date
Dividend₹1 / share17 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
64.7%
FII / Foreign
0.3%
DII / Domestic
6.2%
Retail / others
28.8%
Promoter stake down 5.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRITURAJ SHARMA · -41,930 · ₹53.6 L4 Mar 21
BoughtRITURAJ SHARMA · -41,930 · ₹53.6 L4 Mar 21
BoughtRITESH SACHDEVA · -18,000 · ₹23.0 L4 Mar 21
Bulk / block deals
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE10.69 L @ ₹273.2325 Aug 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE10.69 L @ ₹273.3725 Aug 26
SoldMICROCURVES TRADING PRIVATE LIMITED · NSE8.26 L @ ₹273.5925 Aug 26
Stake changes
BoughtShreevar Kheruka · promoter→ 1.70% · 85,44331 Mar 26
SoldRekha Kheruka · promoter→ 13.15% · 7.49 L28 Jun 24
BoughtKiran Kheruka · promoter→ 26.52% · 1.39 cr8 Mar 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Jul 2025
See the official result
1
To consider and adopt (a) the audited standalone financial statement of the Company for the financial year ended March 31, 2025, the reports of the Board of Directors and Statutory Auditor thereon; and (b) the audited consolidated financial statement of the Company for the financial year ended March 31, 2025 and report of the Statutory Auditor thereon (by way of ordinary resolutions).
Backed by 100% of shareholders other than promotersneeded 50%
65.49 L votes for, 16 against · 0% of mutual funds and other big investors said no
2
To approve re-appointment of Mr. Pradeep Kumar Kheruka (DIN: 00016909), who retires by rotation and, being eligible, offers himself for re-appointment (by way of an ordinary resolution).
Backed by 97% of shareholders other than promotersneeded 50%
63.41 L votes for, 2.08 L against · 5% of mutual funds and other big investors said no
3
To approve Material Related Party Transactions with Borosil Scientific Limited (by way of an ordinary resolution).
Promoters had a personal stake in this
Backed by 98% of shareholders other than promotersneeded 50%
63.48 L votes for, 1.32 L against · 3% of mutual funds and other big investors said no
4
To appoint M/s. Dhrumil M. Shah & Co. LLP, Practicing Company Secretaries as Secretarial Auditor of the Company (by way of an ordinary resolution).
Backed by 100% of shareholders other than promotersneeded 50%
65.48 L votes for, 117 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 64.7% between them · as of 2026-06-30
KIRAN KHERUKA23.95%
REKHA KHERUKA13.11%
CROTON TRADING PRIVATE LIMITED10.94%
PRADEEP KUMAR KHERUKA10.43%
GUJARAT FUSION GLASS LLP2.62%
SHREEVAR KHERUKA1.70%
SPARTAN TRADE HOLDINGS LLP0.96%
BOROSIL HOLDINGS LLP0.77%
Business done with them
FY2025 · 1 of the group
The company paid ₹16 cr to companies in the promoter group last year — about 1.4% of its ₹1,108 cr revenue.
Mr. Shreevar Kheruka
Other payments to them · Remuneration of Key Management Personnel
also owns 1.70% of the company
₹16 cr
company paid

The company also transacted with 11 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.