| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 406 | 347 | +17.1% |
| EBITDA | 127 | 63.0 | +101.9% |
| EBITDA margin | 31.4% | 18.2% | +13.2 pts |
| Profit before tax | 117 | −187 | — |
| Net profit | 86.6 | −203 | — |
| EPS | ₹6.19 | −₹12.56 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 5,534 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 638 | 638 | 73.0 | 148 | 126 | ||
| −1.2 | −1.2 | 2.3 | 19.7 | 23.1 | ||
| 162 | 162 | 251 | 571 | 416 | ||
| 5,057 | — | — | — | — | ||
| 1,615 | 1,556 | 1,479 | 1,369 | 894 | ||
| — | +5.2% | +8.0% | +53.2% | — | ||
| 505 | 441 | 57.6 | 53.7 | 143 | ||
| 31.3% | 28.4% | 3.9% | 3.9% | 16.0% | ||
| 418 | 346 | −77.8 | −78.0 | 89.1 | ||
| 418 | 127 | −87.0 | −50.3 | 70.6 | ||
| 25.9% | 8.2% | −5.9% | −3.7% | 7.9% | ||
| ₹27.28 | ₹9.21 | −₹4.96 | −₹3.35 | ₹4.97 | ||
| — | +285.5% | −48.3% | −167.3% | — | ||
| — | 423 | 99.8 | 68.7 | −6.4 | ||
| — | −199 | −109 | −217 | −347 | ||
| 225 | 225 | −9.4 | −148 | −354 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 5,534.0 | |
| - Cash, Equiv & ST Investments | 126.3 | 147.8 | 73.0 | 638.4 | 638.4 | |
| + Minority Interest | 23.1 | 19.7 | 2.3 | -1.2 | -1.2 | |
| + Total Debt | 416.5 | 571.0 | 250.7 | 162.1 | 162.1 | |
| Enterprise Value | — | — | — | — | 5,056.5 | |
| Revenue | 894.0 | 1,369.3 | 1,479.3 | 1,555.8 | 1,614.9 | |
| Growth %, YoY | — | +53.2 | +8.0 | +5.2 | — | |
| EBITDA | 143.1 | 53.7 | 57.6 | 441.0 | 505.2 | |
| Margin % | 16.01 | 3.92 | 3.89 | 28.35 | 31.28 | |
| EBIT | 89.1 | -78.0 | -77.8 | 345.6 | 417.8 | |
| Net Income | 70.6 | -50.3 | -87.0 | 127.4 | 417.5 | |
| Margin % | 7.90 | -3.67 | -5.88 | 8.19 | 25.85 | |
| EPS, Adj (current shares) | 4.97 | -3.35 | -4.96 | 9.21 | 27.28 | |
| Growth %, YoY | — | -167.3 | -48.3 | +285.5 | — | |
| Cash from Operations | -6.4 | 68.7 | 99.8 | 423.1 | — | |
| Capital Expenditures | -347.5 | -216.7 | -109.1 | -198.5 | — | |
| Free Cash Flow | -353.9 | -147.9 | -9.4 | 224.6 | 224.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Borosil Renewables (NSE: BORORENEW) had a market capitalisation of ₹5,521 crore at the 29 October 2026 close (₹393.55 a share), a PE ratio of 14.4 on the last four quarters' profit and a price-to-book ratio of 3.65. In FY26 its consolidated net profit was ₹129 crore on revenue of ₹1,556 crore; in Q1 FY27 (April–June 2026) it was ₹86.8 crore. Its debt-to-equity ratio was 0.11 on 31 March 2026. Promoters held 56.02% of the shares on 30 September 2026.
Borosil Renewables' PE ratio is 14.4 at the 29 October 2026 close (₹393.55 a share): a market capitalisation of ₹5,521 crore divided by consolidated net profit of ₹382 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹129 crore) it is 42.8.
Borosil Renewables' debt-to-equity ratio was 0.11 on 31 March 2026: borrowings of ₹162 crore against total equity of ₹1,510 crore. A year earlier, on 31 March 2025, it was 0.25.
Borosil Renewables' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,511 crore on 31 March 2026, up 51.5% from ₹997 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹5,521 crore at the 29 October 2026 close.
Borosil Renewables' price-to-book (PB) ratio is 3.65 at the 29 October 2026 close: a market capitalisation of ₹5,521 crore divided by shareholders' equity (book value) of ₹1,511 crore on 31 March 2026. That is a book value of ₹107.69 per share against a share price of ₹393.55.
In FY26, Borosil Renewables' return on equity (ROE) was 10.3% and its return on capital employed (ROCE) was 24.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −7.4% and ROCE −6.1%.
Borosil Renewables' book value per share was ₹107.69 on 31 March 2026: shareholders' equity of ₹1,511 crore divided by the 14.03 crore shares in issue, up 43.0% from ₹75.30 a year earlier. The share price at the 29 October 2026 close was ₹393.55.
Borosil Renewables' market capitalisation was ₹5,521 crore at the 29 October 2026 close: 14.03 crore shares at ₹393.55 each.
No. Borosil Renewables had borrowings of ₹162 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.11. Its cash and current investments were ₹655 crore, so it held net cash of ₹493 crore.
Borosil Renewables' basic earnings per share (EPS) were ₹9.48 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹27.44.
Promoters held 56.02% of Borosil Renewables on 30 September 2026, down 2.75 percentage points from 58.77% the previous quarter and down 5.83 percentage points from 61.85% a year earlier, according to the shareholding pattern filed with NSE.
Borosil Renewables' latest results are for Q1 FY27 (April–June 2026), filed on 16 July 2026: consolidated net profit ₹86.8 crore, against a loss of ₹167 crore in Q1 FY26; revenue from operations ₹406 crore, up 17.1% year on year.
In FY26 (April 2025–March 2026), Borosil Renewables' consolidated net profit was ₹129 crore, against a loss of ₹69.6 crore in FY25, on revenue from operations of ₹1,556 crore (up 5.2%). Over three years, from FY23, net profit was up 85.4%.
On 30 September 2026, Borosil Renewables' shares were held by promoters 56.02%, foreign portfolio investors (FII/FPI) 5.88%, domestic institutions (DII) 2.24% (including mutual funds at 0.27%) and retail and other non-institutional investors 35.86%. Over the year, FII holding was up 1.07 percentage points from 4.81% and DII holding was up 1.46 percentage points from 0.78%.
On FY26 consolidated figures, against Balu Forge Industries, Azad Engineering and AXISCADES Technologies: Borosil Renewables' operating margin of 22.2% is the third highest of the four (Balu Forge Industries 26.2%, Azad Engineering 28.6%, AXISCADES Technologies 11.5%; peer average 22.1%); its return on equity of 10.3% is the third highest of the four (Balu Forge Industries 19.6%, Azad Engineering 9.1%, AXISCADES Technologies 10.5%; peer average 13.0%).
At the 29 October 2026 closing prices, on FY26 net profit, Borosil Renewables' PE ratio is 42.8, the third highest of the four: Balu Forge Industries 21.2, Azad Engineering 123.2 and AXISCADES Technologies 118.3, a peer average of 87.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Borosil Renewables generated ₹423 crore of cash from operations and spent ₹199 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹225 crore. In FY25 it was −₹9.4 crore.
Borosil Renewables will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
In FY26, Borosil Renewables earned net profit of ₹129 crore on revenue of ₹1,556 crore, against ₹259 crore on ₹1,107 crore for Balu Forge Industries. Borosil Renewables' operating margin was 22.2% (Balu Forge Industries 26.2%) and its return on equity 10.3% (Balu Forge Industries 19.6%). At the 29 October 2026 close, Borosil Renewables' market capitalisation was ₹5,521 crore against ₹5,497 crore for Balu Forge Industries, and its PE ratio on FY26 profit 42.8 against 21.2.
From Borosil Renewables' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.