Borosil Renewables Limited (BORORENEW) AI Stock Analysis

Borosil Renewables Limited

(NSE:BORORENEW)

Select Model

Rating:71Outperform

Price Target:INR 427.00▲(10.68% Upside)

Action:reiterated

Date:10/06/26

The overall stock score is heavily supported by strong fundamental factors, including a remarkable financial recovery, excellent cash flow, and a low-debt balance sheet, paired with an attractive valuation (P/E of 16.13). The primary headwind lowering the score is the stock's pronounced bearish technical momentum, as it currently trades below all major moving averages, despite being in oversold territory.

Positive Factors

Solar Glass BusinessThe company is focused on a specialized solar-component market and supplies products directly used in photovoltaic modules. Its presence across Indian and export markets provides an established operating platform aligned with ongoing solar deployment and supports durable relevance beyond a single customer or project.

Negative Factors

Earnings VolatilityThe sharp swings between strong profits and losses indicate that recent profitability has not yet been proven durable across the cycle. This volatility makes forward earnings less predictable, complicates planning, and increases the risk that the FY2026 rebound may not represent a stable long-term run-rate.

Borosil Renewables Limited (BORORENEW) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 54.84B
Dividend Yield: ―
Average Volume (3M): 26.12K
Price to Earnings (P/E): 14.1
Beta (1Y): 1.19
Revenue Growth: 11.07%
EPS Growth: ―
Country: India
Employees: 809
Sector: General
Sector Strength: 55
Industry: Industrial - Specialties

Borosil Renewables Limited Business Overview & Revenue Model

Company Description

Established in 1962 and based in Mumbai, India, Borosil Renewables Limited is a key producer and international distributor of flat glass products. This company, which rebranded from Borosil Glass Works Limited in February 2020, specializes in advance...

Borosil Renewables Limited Financial Statement Overview

Summary

Borosil Renewables demonstrates excellent financial health, highlighted by a successful return to profitability and expanding margins. The company features a highly robust balance sheet with a minimal debt-to-equity ratio of 0.11 and has achieved a massive turnaround in operating and free cash flow generation.

Income Statement

78Positive

Balance Sheet

88Very Positive

Cash Flow

85Very Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	16.15B	15.56B	14.79B	13.63B	8.91B	6.44B
Gross Profit	10.54B	6.33B	10.52B	4.23B	4.01B	2.80B
EBITDA	5.47B	4.42B	925.87M	1.07B	1.62B	2.65B
Net Income	3.82B	1.29B	-695.68M	-468.95M	696.32M	1.66B
Balance Sheet
Total Assets	0	18.25B	14.54B	16.84B	16.32B	10.55B
Cash, Cash Equivalents and Short-Term Investments	6.55B	6.55B	892.92M	1.79B	1.32B	2.28B
Total Debt	0	1.62B	2.52B	5.76B	4.21B	1.57B
Total Liabilities	-15.10B	3.15B	4.55B	7.91B	6.89B	2.71B
Stockholders Equity	15.10B	15.11B	9.97B	8.73B	9.19B	7.85B
Cash Flow
Free Cash Flow	891.38M	2.11B	-93.52M	-1.48B	-3.54B	-2.00B
Operating Cash Flow	1.36B	4.09B	997.87M	687.46M	-63.71M	1.73B
Investing Cash Flow	-1.30B	-7.39B	-1.42B	-2.15B	-2.41B	-2.60B
Financing Cash Flow	-62.03M	3.40B	-526.84M	1.68B	2.38B	958.93M

Borosil Renewables Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price385.80

Price Trends

50DMA462.95Negative

100DMA524.38Negative

200DMA504.41Negative

Market Momentum

MACD-22.28Positive

RSI25.74Positive

STOCH26.30Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BORORENEW, the sentiment is Negative. The current price of 385.80 is below the 20-day moving average (MA) of 417.94, below the 50-day MA of 462.95, and below the 200-day MA of 504.41, indicating a bearish trend. The MACD of -22.28 indicates Positive momentum. The RSI at 25.74 is Positive, neither overbought nor oversold. The STOCH value of 26.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BORORENEW.

Borosil Renewables Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:BORORENEW against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:TCPLPACK	72Outperform	INR 40.08B	34.68	―	0.57%	4.98%	-13.56%
IN:BORORENEW	71Outperform	INR 54.80B	14.09	―	―	11.07%	―
IN:TIMETECHNO	64Neutral	INR 78.34B	15.40	―	0.95%	15.51%	15.99%
IN:MOLDTKPAC	60Neutral	INR 18.16B	23.96	―	1.28%	14.71%	14.50%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:UFLEX	52Neutral	INR 41.06B	6.00	―	0.53%	10.36%	128.39%
IN:JINDALPOLY	47Neutral	INR 29.23B	-2.95	―	0.88%	-58.49%	-4440.85%

* General Sector Average

Performance Comparison

IN:BORORENEW and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:BORORENEW	Borosil Renewables Limited	386.35	-276.70	-41.73%
IN:JINDALPOLY	Jindal Poly Films Limited	667.55	108.20	19.34%
IN:MOLDTKPAC	Mold Tek Packaging Ltd	273.20	-72.13	-20.89%
IN:TCPLPACK	TCPL Packaging Limited	4403.95	1114.62	33.89%
IN:TIMETECHNO	Time Technoplast Limited	158.70	-50.60	-24.18%
IN:UFLEX	UFlex Limited	568.65	35.33	6.62%

Borosil Renewables Limited Corporate Events

Borosil Renewables Warns Shareholders of Pending Transfer of Unclaimed Shares to IEPF

Oct 16, 2026

Borosil Renewables Limited has issued a public notice to shareholders regarding the impending transfer of certain equity shares and associated dividends to the Investor Education and Protection Fund Authority under Indian law. The action applies to d...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 06, 2026

Borosil Renewables Limited AI Stock Analysis