Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Solar

Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. The company offers low iron textured solar glass for various applications in photovoltaic (PV) panels, flat plate collectors, and greenhouses. It provides Selene, an anti-glare solar glass suitable for PV installations near airports; and anti-soiling and antireflective coating solar glass. The company was formerly known as Borosil Glass Works Limited and changed its name to Borosil Renewables Limited in February 2020. Borosil Renewables Limited was incorporated in 1962 and is based in Mumbai, India.

Revenue projections:

Revenue projections for BORORENEW
Revenue projections for BORORENEW



Financial Ratios:

currentRatio 4.76300
forwardPE 0.00000
debtToEquity 10.74000
earningsGrowth 0.00000
revenueGrowth 0.16500
grossMargins 0.54607
operatingMargins 0.27595
trailingEps 9.45000
forwardEps 0.00000

BORORENEW's current ratio being 4.763 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
BORORENEW's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
Borosil Renewables Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.

Insider Transactions:

Insider Transactions for BORORENEW
Insider Transactions for BORORENEW


There were 1 buy transactions of BORORENEW stock, with market price at 377.0 per share.No buy transactions were carried out during the period under review.BORORENEW's current price levels are experiencing more selling than buying, which may suggest further declines. If the trend persists, it could lead to a continued downward trajectory as investors lose confidence in the stock's future performance.