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← CockpitCompetitor Analysis › BORORENEW.NS Borosil Renewables LimitedOpen in the cockpit ↗

Borosil Renewables LimitedBORORENEW.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Industrial Specialties
Momentum laggard 6
Mkt cap
$628M
US dollars, full cap
Free float
39%
of shares outstanding
$/day
$1.58M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+8.4 pp
WACC 12.3%
Hurdle
-13 pp
Req g minus delivered
Next earnings
100 days
14 Feb 2027
Close · INR₹403.20
1D-2.5%
1W+4.3%
1M-8.0%
3M-27.6%
6M-28.7%
YTD-25.8%
1Y-38.3%
ATR %4.3%
Beta1.36
52w lowhigh44.1% off high

What Borosil Renewables does

Employees: 1,701

Borosil Renewables at a glance

Size Borosil Renewables (BORORENEW.NS) is an India Materials company (Industrial Specialties) with a market value of $628M, the 759th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹403.20 on 6 Nov 2026.

Performance Over six months the shares fell 28.7%, against -4.3% for the median peer and 0.0% for the India market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue grew 11.1% over the last twelve months (peer median +2.7%); the operating margin is 25.9% (peer median 5.3%).

Valuation It trades at 3.7× enterprise value to sales against a peer median of 2.1× (7th most expensive of 21).

Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +25%, so the hurdle is -13 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 8.4 points above its cost of capital (12.3% WACC).

Next results Next results expected around 14 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 95BORORENEW.NS 72
Six months, rebased to 100: Borosil Renewables against the median of its 20 peers (local-currency closes).

Borosil Renewables financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹16.1B₹15.6B₹14.8B₹13.7B₹8.94B
Revenue growth—+5%+8%+54%—
Gross profit₹7.00B₹5.01B₹918M₹838M₹2.32B
EBITDA₹5.05B₹4.49B₹605M₹623M₹1.46B
Net income₹3.82B₹1.29B-₹696M-₹469M₹696M
Free cash flown/a₹2.11B-₹471M-₹1.80B-₹3.72B
Capital expendituren/a₹1.99B₹1.09B₹2.17B₹3.47B
Total debtn/a₹1.62B₹2.52B₹5.76B₹4.21B

Quarterly statements and history in the cockpit →

Borosil Renewables competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%-10%0%+10%6881996036603110FCL6033756002936008194956SFLRAINMATV40443007377917300221SGL9893603330301051600135BORORENEW.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Borosil Renewables is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%2.5×5×7.5×6881996036603110FCL6033756002936008194956SFLRAINMATV4044300737300221SGL9893603330301051600135BORORENEW.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Borosil Renewables is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%0%25%50%60366033754956SFLMATV4044300737300221SGL603330BORORENEW.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Borosil Renewables is the large dot.

Borosil Renewables competitors and peer comparison

How Borosil Renewables compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Borosil Renewables against its 20 peers (data as of 6 Nov 2026)
MeasureBORORENEW.NSPeer medianRank in peer set
1-month return-8.0%-7.3%11th highest of 21
6-month return-28.7%-4.3%3rd lowest of 21
Distance from 52-week high-44.1%-27.4%6th lowest of 21
Revenue growth (TTM)+11.1%+2.7%7th highest of 21
Operating margin25.9%5.3%2nd highest of 21
EV / Sales3.7×2.1×7th most expensive of 21
Growth the price implies (Req g, 7 yrs)12.7%4.3%4th most demanding of 11
Growth delivered (Del g)+25.4%+5.4%highest of 11
Hurdle (Req g minus delivered)-12.7 pp+1.4 pp4th least demanding of 11
ROIC minus cost of capital+8.4 pp-3.9 pp2nd highest of 21
EV / EBITDA11.8×9.3×6th most expensive of 13
Net debt / EBITDA-1.0×1.0×3rd least indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Borosil Renewables BORORENEW.NSIndia$628M-29%+11%26%3.7×12.7%+25.4%
Tianjin Jiuri New Materials 688199.SSChina$628M-3%+15%3%2.9×n/an/a
KeePer Technical Laboratory 6036.TJapan$631M+24%+12%27%3.3×-2.6%+17.1%
New East New Materials 603110.SSChina$633M-5%-5%2%10.1×n/an/a
Fineotex Chemical FCL.NSIndia$635M+86%+91%15%5.9×n/an/a
Wuxi Holyview Microelectronics 603375.SSChina$618M-10%-17%-9%8.0×53.9%+17.3%
Hubei Sanxia New Building Materials 600293.SSChina$640M+15%-34%-21%5.3×n/an/a
Shanghai Yaohua Pilkington Glass 600819.SSChina$643M-24%0%2%1.1×n/an/a
Konishi 4956.TJapan$643M+9%+7%9%0.6×-10.1%+4.9%
Sheela Foam SFL.NSIndia$614M-7%+20%6%1.6×23.3%+9.4%
Rain Industries RAIN.NSIndia$645M+35%+17%10%0.8×n/an/a
Mativ MATVUnited States$646M+27%+1%4%0.8×6.2%+13.0%
Central Glass 4044.TJapan$648M0%+4%8%0.7×-6.5%-5.4%
Keshun Waterproof Technologies 300737.SZChina$656M-41%-12%-8%1.2×-15.7%-0.6%
ZACROS 7917.TJapan$596M-11%+6%7%0.6×n/an/a
Guangdong Silver Age Sci & Tech 300221.SZChina$667M-16%+7%7%2.0×27.7%+6.0%
SGL Carbon SGL.DEGermany$668M+2%-16%8%0.8×2.3%-1.6%
Pizu 9893.HKHong Kong$677M-8%-8%22%4.4×n/an/a
Tianyang New Materials (Shanghai) Technology 603330.SSChina$579M+21%-35%-29%5.4×10.6%+4.2%
Shenzhen Xinhao Photoelectricity Technology 301051.SZChina$577M-19%-23%-26%3.6×n/an/a
Lucky Film 600135.SSChina$568M-40%+14%-4%2.2×n/an/a

Questions

Which companies are Borosil Renewables's closest peers?
The cockpit's peer set: Tianjin Jiuri New Materials (688199.SS), KeePer Technical Laboratory (6036.T), New East New Materials (603110.SS), Fineotex Chemical (FCL.NS), Wuxi Holyview Microelectronics (603375.SS), Hubei Sanxia New Building Materials (600293.SS), Shanghai Yaohua Pilkington Glass (600819.SS), Konishi (4956.T).
Is Borosil Renewables expensive compared with its peers?
On ev / sales it trades at 3.7× against a peer median of 2.1×, 7th most expensive of 21 in its peer set. For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +25%, so the hurdle is -13 pp: the price already allows for a slowdown.
How has Borosil Renewables stock performed?
Over six months to 6 Nov 2026 the shares returned -28.7% against -4.3% for the median peer; over one year -38.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.