
About Borosil Limited
Data last updated:
Borosil Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the scientific measuring equipment segment of the electronics sector. It was incorporated on 25 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L36100MH2010PLC292722. Its GSTIN is 27AACCH5367G2ZG (Maharashtra). The company holds 13 GST registrations, of which 12 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543212 and NSE: BOROLTD.
The company has an authorised share capital of ₹55 Cr and a paid-up capital of ₹11.96 Cr. It was formerly known as Hopewell Tableware Limited and Hopewell Tableware Private Limited. It is led by directors including Shreevar Kheruka (Managing Director) and Pradeep Kumar Kheruka.
Its last annual general meeting (AGM) was held on 24 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,195.92 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹74.76 Cr (net margin 6.3%) and EBITDA of ₹164.68 Cr (EBITDA margin 13.8%). The net worth stands at ₹886.92 Cr (up 9.8% YoY). Total assets are valued at ₹1,035 Cr (up 14.9% YoY).
The company has about 664 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Borosil Limited and Borosil. As per MCA filings, the company has open charges of ₹339.2 Cr and satisfied charges of ₹121.8 Cr on record. Court records list 49 cases involving the company, including 36 filed by the company and 13 filed against it; 29 cases are pending. The company has 7 deals on record (5 market trades, 1 qip, 1 acquisition); the latest was in August 2026. The company has 41 MSME Form 1 returns on record between 2019 and 2024, listing 39,817 overdue payments to 1,516 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website borosil.com.
Company details
Name history
Borosil has undergone 2 name changes throughout its history. The company was previously known as Hopewell Tableware Limited, and Hopewell Tableware Private Limited. The current legal name is Borosil Limited.
| Company Name | Status |
|---|---|
| Borosil Limited | Current |
| Hopewell Tableware Limited | Previous |
| Hopewell Tableware Private Limited | Previous |
CIN history
Borosil has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L36100MH2010PLC292722, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36100MH2010PLC292722 | Current |
| U36100MH2010PLC292722 | Previous |
| U26913RJ2010PTC033403 | Previous |
| U26913MH2010PLC292722 | Previous |
| U26913MH2010PTC292722 | Previous |
Contact details
Borosil Limited's registered office is in Mumbai, Maharashtra. Its website is borosil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1101 11th Floor Crescenzo G – Block Plot No C – 38 Opp. Mca Club Bandra Kurla Complex Band, Ra (East), Mumbai, Maharashtra, India – 400051
- IndustryElectrnoics, Scientific Measuring Equipment, Computer, Communication, Electronic
To see the full contact details of Borosil Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Borosil operates two associated brands: Borosil Limited and Borosil. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heat-proof glassware, solar glass, and specialty products are manufactured. | borosil.com | |
| HR operating system and related services offered by Borosil Limited. | formulahr-borosil.com |
Business activity
The main business activities of Borosil are wholesale and retail trade; repair of motor vehicles and motorcycles and trade. In detail, this covers wholesale trade, except of motor vehicles and motorcycles, wholesale trading and retail trading. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | |
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Borosil Limited, buy the company report.
Financials of Borosil Limited
FY 2025-26 filings availableBorosil Limited reported revenue of ₹1,195.92 Cr (up 8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,196 | 1,108 | 949 | 742 | 840 | 585 | 636 |
| Revenue growth | +8.0% | +16.8% | +27.9% | -11.7% | +43.6% | -8.0% | - |
| EBITDA | 165 | 170 | 139 | 66.71 | 132 | 82.30 | 77.85 |
| EBITDA margin | +13.8% | +15.4% | +14.7% | +9.0% | +15.8% | +14.1% | +12.2% |
| Profit before tax | 101 | 103 | 87.84 | 66.02 | 122 | 61.24 | 43.57 |
| Net profit | 74.76 | 48.27 | 65.73 | 32.27 | 91.83 | 39.90 | 41.25 |
| Net profit margin | +6.3% | +4.4% | +6.9% | +4.4% | +10.9% | +6.8% | +6.5% |
| EPS (₹) | 6.24 | 6.21 | 5.75 | 4.53 | 7.33 | 3.69 | 3.14 |
| Balance sheet | |||||||
| Total assets | 1,035 | 901 | 745 | 604 | 787 | 721 | 715 |
| Net worth | 887 | 808 | 580 | 510 | 767 | 695 | 648 |
| Total debt | 148 | 93.06 | 165 | 94.51 | 1.19 | 7.27 | 50.59 |
| Cash & bank | 3.20 | 1.54 | 6.88 | 9.51 | 28.64 | 7.59 | 3.61 |
| Net working capital | 293 | 253 | 75.62 | 33.74 | 252 | 112 | 207 |
| Cash flow | |||||||
| Cash from operations | 119 | (19.33) | 48.03 | 121 | 76.57 | 186 | 53.32 |
| Cash from investing | (165) | (41.29) | (106) | (228) | (36.99) | (137) | (32.91) |
| Cash from financing | 47.53 | 56.47 | 55.29 | 93.41 | (23.56) | (45.08) | (27.10) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 370 | 258 | 284 | 339 | 344 | 233 | 270 | 338 |
| Revenue growth (YoY) | +7.5% | +10.7% | +5.2% | +0.2% | +23.7% | +7.3% | - | - |
| Other income | 1.75 | 2.63 | 7.65 | 6.46 | 1.94 | 9.82 | 2.31 | 16.35 |
| EBITDA | 69.24 | 38.48 | 30.21 | 48.84 | 52.07 | 37.34 | 37.15 | 54.37 |
| EBITDA margin | +18.7% | +14.9% | +10.6% | +14.4% | +15.1% | +16.0% | +13.8% | +16.1% |
| Depreciation | 24.51 | 21.85 | 21.03 | 21.71 | 22.06 | 22.02 | 20.25 | 21.00 |
| Interest | 3.64 | 1.82 | 2.06 | 1.34 | 1.48 | 1.66 | 2.28 | 2.21 |
| Profit before tax | 42.84 | 17.44 | 14.77 | 32.25 | 30.47 | 23.48 | 16.93 | 47.51 |
| Tax | 10.93 | 4.63 | 4.17 | 8.29 | 7.75 | 6.06 | 5.79 | 12.04 |
| Net profit | 31.91 | 12.81 | 10.60 | 23.96 | 22.72 | 17.42 | 11.14 | 35.47 |
| EPS (₹) | 2.67 | 1.07 | 0.89 | 2.00 | 1.90 | 1.46 | 0.93 | 2.97 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,198 | 1,108 | 949 | 742 | 750 | 527 | 591 |
| Revenue growth | +8.1% | +16.8% | +27.9% | -1.2% | +42.3% | -10.8% | - |
| EBITDA | 165 | 170 | 139 | 66.72 | 116 | 75.33 | 78.47 |
| EBITDA margin | +13.8% | +15.4% | +14.7% | +9.0% | +15.5% | +14.3% | +13.3% |
| Profit before tax | 102 | 103 | 87.85 | 66.03 | 112 | 60.34 | 50.45 |
| Net profit | 75.66 | 48.27 | 65.74 | 32.01 | 85.56 | 38.61 | 46.01 |
| Net profit margin | +6.3% | +4.4% | +6.9% | +4.3% | +11.4% | +7.3% | +7.8% |
| EPS (₹) | 6.32 | 6.21 | 5.75 | 4.53 | 6.79 | 3.57 | 3.61 |
| Balance sheet | |||||||
| Total assets | 1,000 | 901 | 745 | 605 | 769 | 703 | 699 |
| Net worth | 888 | 808 | 580 | 510 | 768 | 700 | 654 |
| Total debt | 112 | 93.06 | 165 | 94.51 | 1.19 | 1.20 | 43.41 |
| Cash & bank | 2.65 | 1.53 | 6.86 | 9.49 | 27.65 | 5.94 | 2.49 |
| Net working capital | 292 | 253 | 75.59 | 33.72 | 228 | 95.47 | 193 |
| Cash flow | |||||||
| Cash from operations | 127 | (19.33) | 48.04 | 121 | 68.42 | 180 | 49.82 |
| Cash from investing | (138) | (41.29) | (106) | (228) | (35.84) | (133) | (32.48) |
| Cash from financing | 12.03 | 56.47 | 55.29 | 93.41 | (15.88) | (44.19) | (22.31) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 372 | 261 | 286 | 339 | 344 | 233 | 270 | 338 |
| Revenue growth (YoY) | +8.2% | +12.0% | +5.9% | +0.2% | +25.7% | +7.3% | - | - |
| Other income | 2.07 | 2.99 | 7.96 | 6.64 | 2.07 | 9.86 | 2.31 | 16.35 |
| Total expenses | 306 | 222 | 256 | 290 | 292 | 195 | 233 | 284 |
| EBITDA | 66.07 | 38.88 | 30.41 | 48.84 | 52.07 | 37.36 | 37.15 | 54.37 |
| EBITDA margin | +17.7% | +14.9% | +10.6% | +14.4% | +15.1% | +16.1% | +13.8% | +16.1% |
| Depreciation | 22.44 | 21.82 | 21.03 | 21.71 | 22.06 | 22.02 | 20.25 | 21.00 |
| Interest | 2.59 | 1.82 | 2.04 | 1.34 | 1.48 | 1.66 | 2.28 | 2.21 |
| Profit before tax | 43.11 | 18.23 | 15.30 | 32.43 | 30.60 | 23.54 | 16.93 | 47.51 |
| Tax | 10.86 | 4.63 | 4.17 | 8.29 | 7.75 | 6.06 | 5.79 | 12.04 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 370 | 258 | 284 | 339 | 344 | 233 | 270 | 338 |
| Revenue growth (YoY) | +7.5% | +10.7% | +5.2% | +0.2% | +23.7% | +7.3% | - | - |
| Other income | 1.75 | 2.63 | 7.65 | 6.46 | 1.94 | 9.82 | 2.31 | 16.35 |
| EBITDA | 69.24 | 38.48 | 30.21 | 48.84 | 52.07 | 37.34 | 37.15 | 54.37 |
| EBITDA margin | +18.7% | +14.9% | +10.6% | +14.4% | +15.1% | +16.0% | +13.8% | +16.1% |
| Depreciation | 24.51 | 21.85 | 21.03 | 21.71 | 22.06 | 22.02 | 20.25 | 21.00 |
| Interest | 3.64 | 1.82 | 2.06 | 1.34 | 1.48 | 1.66 | 2.28 | 2.21 |
| Profit before tax | 42.84 | 17.44 | 14.77 | 32.25 | 30.47 | 23.48 | 16.93 | 47.51 |
| Tax | 10.93 | 4.63 | 4.17 | 8.29 | 7.75 | 6.06 | 5.79 | 12.04 |
| Net profit | 31.91 | 12.81 | 10.60 | 23.96 | 22.72 | 17.42 | 11.14 | 35.47 |
| EPS (₹) | 2.67 | 1.07 | 0.89 | 2.00 | 1.90 | 1.46 | 0.93 | 2.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,196 | 1,108 | 949 | 742 | 840 | 585 | 636 |
| Revenue growth | +8.0% | +16.8% | +27.9% | -11.7% | +43.6% | -8.0% | - |
| Other income | 29.63 | 27.02 | 11.53 | 29.38 | 24.57 | 16.84 | 9.54 |
| Total expenses | 1,031 | 938 | 810 | 675 | 707 | 502 | 558 |
| Employee cost | 125 | 113 | 86.60 | 64.09 | 103 | 105 | 107 |
| EBITDA | 165 | 170 | 139 | 66.71 | 132 | 82.30 | 77.85 |
| EBITDA margin | +13.8% | +15.4% | +14.7% | +9.0% | +15.8% | +14.1% | +12.2% |
| Depreciation | 86.82 | 81.04 | 53.91 | 27.56 | 33.83 | 35.48 | 38.26 |
| Interest | 6.55 | 12.78 | 8.77 | 2.51 | 1.12 | 2.42 | 5.56 |
| Profit before tax | 101 | 103 | 87.84 | 66.02 | 122 | 61.24 | 43.57 |
| Tax | 26.28 | 29.01 | 21.97 | 14.14 | 36.78 | 18.88 | 8.25 |
| Net profit | 74.76 | 48.27 | 65.73 | 32.27 | 91.83 | 39.90 | 41.25 |
| Net profit margin | +6.3% | +4.4% | +6.9% | +4.4% | +10.9% | +6.8% | +6.5% |
| EPS (₹) | 6.24 | 6.21 | 5.75 | 4.53 | 7.33 | 3.69 | 3.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.96 | 11.95 | 11.46 | 11.44 | 11.42 | 11.41 | 11.41 |
| Reserves & surplus | 875 | 796 | 569 | 499 | 756 | 683 | 637 |
| Shareholders' funds (net worth) | 887 | 808 | 580 | 510 | 767 | 695 | 648 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 16.02 | 12.86 | 12.61 |
| Secured loans | 136 | 77.67 | 154 | 88.29 | 0.00 | 7.27 | 50.59 |
| Unsecured loans | 11.66 | 15.39 | 10.96 | 6.22 | 1.19 | 0.00 | 0.00 |
| Total debt | 148 | 93.06 | 165 | 94.51 | 1.19 | 7.27 | 50.59 |
| Total liabilities | 1,035 | 901 | 745 | 604 | 787 | 721 | 715 |
| Assets | |||||||
| Gross block | 829 | 815 | 712 | 459 | 421 | 475 | 419 |
| Net block | 531 | 583 | 548 | 353 | 276 | 348 | 327 |
| Capital work in progress | 105 | 18.26 | 25.52 | 40.89 | 24.98 | 12.66 | 45.76 |
| Investments | 83.46 | 49.58 | 85.39 | 146 | 197 | 245 | 119 |
| Inventories | 366 | 333 | 253 | 144 | 193 | 148 | 184 |
| Sundry debtors | 107 | 101 | 91.40 | 51.33 | 74.31 | 66.36 | 88.54 |
| Cash & bank balances | 3.20 | 1.54 | 6.88 | 9.51 | 28.64 | 7.59 | 3.61 |
| Loans & advances | 43.48 | 28.43 | 46.39 | 65.31 | 104 | 16.67 | 51.41 |
| Total current assets | 520 | 464 | 397 | 271 | 400 | 238 | 327 |
| Total current liabilities | 227 | 211 | 322 | 237 | 149 | 127 | 120 |
| Net working capital | 293 | 253 | 75.62 | 33.74 | 252 | 112 | 207 |
| Total assets | 1,035 | 901 | 745 | 604 | 787 | 721 | 715 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.25 | 5.40 | 8.15 | 22.08 | 6.52 | 2.61 | 9.30 |
| Net cash from operating activities | 119 | (19.33) | 48.03 | 121 | 76.57 | 186 | 53.32 |
| Net cash from investing activities | (165) | (41.29) | (106) | (228) | (36.99) | (137) | (32.91) |
| Net cash from financing activities | 47.53 | 56.47 | 55.29 | 93.41 | (23.56) | (45.08) | (27.10) |
| Net change in cash | 1.59 | (4.15) | (2.76) | (13.93) | 16.02 | 3.92 | (6.69) |
| Closing cash | 3.20 | 1.54 | 6.88 | 9.51 | 28.64 | 7.59 | 3.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.0% | +16.8% | +27.9% | -11.7% | +43.6% | -8.0% | - |
| EBITDA growth | -3.2% | +22.4% | +108.4% | -49.6% | +60.9% | +5.7% | - |
| PBT growth | -2.2% | +17.5% | +33.1% | -45.9% | +99.2% | +40.6% | +30.1% |
| Net income growth | +54.9% | -26.6% | +103.7% | -64.9% | +130.2% | -3.3% | - |
| Revenue CAGR (3Y) | +17.3% | +9.7% | +17.5% | +5.3% | +32.0% | - | - |
| EBITDA CAGR (3Y) | +35.2% | +8.7% | +19.1% | -5.0% | +33.9% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.2% | +6.7% | +6.9% | +7.0% | +10.2% | +7.2% | +5.6% |
| Return on capital employed | +11.1% | +11.6% | +14.3% | +6.3% | +16.7% | +9.0% | +8.1% |
| Return on net worth | +8.8% | +7.0% | +12.1% | +5.1% | +11.7% | +6.3% | +6.6% |
| Debt / equity | 0.14 | 0.19 | 0.24 | 0.07 | 0.01 | 0.04 | 0.10 |
| Long-term debt / equity | 0.10 | 0.11 | 0.15 | 0.05 | 0.00 | 0.00 | 0.00 |
| Interest cover | 8.41 | 14.36 | 10.31 | 6.41 | 1.14 | 5.17 | 14.04 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.45 | 1.45 | 1.62 | 1.68 | 1.87 | 1.31 | 1.55 |
| Inventory turnover | 3.42 | 3.78 | 4.78 | 4.39 | 4.93 | 3.53 | 3.57 |
| Debtors turnover | 11.48 | 11.50 | 13.29 | 11.80 | 11.94 | 7.55 | 7.07 |
| EPS (₹) | 6.24 | 6.21 | 5.75 | 4.53 | 7.33 | 3.69 | 3.14 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Book value per share (₹) | 74.17 | 67.57 | 50.62 | 44.57 | 67.20 | 60.88 | 56.81 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 372 | 261 | 286 | 339 | 344 | 233 | 270 | 338 |
| Revenue growth (YoY) | +8.2% | +12.0% | +5.9% | +0.2% | +25.7% | +7.3% | - | - |
| Other income | 2.07 | 2.99 | 7.96 | 6.64 | 2.07 | 9.86 | 2.31 | 16.35 |
| Total expenses | 306 | 222 | 256 | 290 | 292 | 195 | 233 | 284 |
| EBITDA | 66.07 | 38.88 | 30.41 | 48.84 | 52.07 | 37.36 | 37.15 | 54.37 |
| EBITDA margin | +17.7% | +14.9% | +10.6% | +14.4% | +15.1% | +16.1% | +13.8% | +16.1% |
| Depreciation | 22.44 | 21.82 | 21.03 | 21.71 | 22.06 | 22.02 | 20.25 | 21.00 |
| Interest | 2.59 | 1.82 | 2.04 | 1.34 | 1.48 | 1.66 | 2.28 | 2.21 |
| Profit before tax | 43.11 | 18.23 | 15.30 | 32.43 | 30.60 | 23.54 | 16.93 | 47.51 |
| Tax | 10.86 | 4.63 | 4.17 | 8.29 | 7.75 | 6.06 | 5.79 | 12.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,198 | 1,108 | 949 | 742 | 750 | 527 | 591 |
| Revenue growth | +8.1% | +16.8% | +27.9% | -1.2% | +42.3% | -10.8% | - |
| Other income | 30.29 | 27.02 | 11.53 | 29.38 | 23.69 | 16.38 | 9.23 |
| Total expenses | 1,033 | 938 | 810 | 675 | 634 | 452 | 512 |
| Employee cost | 126 | 113 | 86.60 | 64.09 | 86.86 | 88.48 | 91.72 |
| EBITDA | 165 | 170 | 139 | 66.72 | 116 | 75.33 | 78.47 |
| EBITDA margin | +13.8% | +15.4% | +14.7% | +9.0% | +15.5% | +14.3% | +13.3% |
| Depreciation | 86.82 | 81.04 | 53.91 | 27.56 | 27.13 | 29.61 | 32.58 |
| Interest | 6.53 | 12.78 | 8.77 | 2.51 | 0.81 | 1.76 | 4.67 |
| Profit before tax | 102 | 103 | 87.85 | 66.03 | 112 | 60.34 | 50.45 |
| Tax | 26.28 | 29.01 | 21.97 | 14.14 | 34.20 | 19.57 | 9.29 |
| Net profit | 75.66 | 48.27 | 65.74 | 32.01 | 85.56 | 38.61 | 46.01 |
| Net profit margin | +6.3% | +4.4% | +6.9% | +4.3% | +11.4% | +7.3% | +7.8% |
| EPS (₹) | 6.32 | 6.21 | 5.75 | 4.53 | 6.79 | 3.57 | 3.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.96 | 11.95 | 11.46 | 11.44 | 11.42 | 11.41 | 11.41 |
| Reserves & surplus | 876 | 796 | 569 | 499 | 756 | 688 | 643 |
| Shareholders' funds (net worth) | 888 | 808 | 580 | 510 | 768 | 700 | 654 |
| Secured loans | 101 | 77.67 | 154 | 88.29 | 0.00 | 0.00 | 43.41 |
| Unsecured loans | 11.66 | 15.39 | 10.96 | 6.22 | 1.19 | 1.20 | 0.00 |
| Total debt | 112 | 93.06 | 165 | 94.51 | 1.19 | 1.20 | 43.41 |
| Total liabilities | 1,000 | 901 | 745 | 605 | 769 | 703 | 699 |
| Assets | |||||||
| Gross block | 828 | 814 | 712 | 459 | 326 | 388 | 343 |
| Net block | 531 | 583 | 548 | 353 | 209 | 283 | 267 |
| Capital work in progress | 63.12 | 18.26 | 25.52 | 40.89 | 22.32 | 11.66 | 45.39 |
| Investments | 84.02 | 49.63 | 85.44 | 146 | 279 | 312 | 185 |
| Inventories | 363 | 333 | 253 | 144 | 172 | 130 | 171 |
| Sundry debtors | 109 | 101 | 91.40 | 51.33 | 60.33 | 53.85 | 77.32 |
| Cash & bank balances | 2.65 | 1.53 | 6.86 | 9.49 | 27.65 | 5.94 | 2.49 |
| Loans & advances | 38.84 | 28.43 | 46.38 | 65.31 | 100 | 12.62 | 48.16 |
| Total current assets | 513 | 464 | 397 | 271 | 361 | 202 | 299 |
| Total current liabilities | 220 | 211 | 322 | 237 | 132 | 107 | 106 |
| Net working capital | 292 | 253 | 75.59 | 33.72 | 228 | 95.47 | 193 |
| Total assets | 1,000 | 901 | 745 | 605 | 769 | 703 | 699 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.24 | 5.38 | 8.13 | 22.06 | 5.65 | 2.22 | 7.20 |
| Net cash from operating activities | 127 | (19.33) | 48.04 | 121 | 68.42 | 180 | 49.82 |
| Net cash from investing activities | (138) | (41.29) | (106) | (228) | (35.84) | (133) | (32.48) |
| Net cash from financing activities | 12.03 | 56.47 | 55.29 | 93.41 | (15.88) | (44.19) | (22.31) |
| Net change in cash | 1.06 | (4.14) | (2.75) | (13.93) | 16.71 | 3.43 | (4.98) |
| Closing cash | 2.65 | 1.53 | 6.86 | 9.49 | 27.65 | 5.94 | 2.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.1% | +16.8% | +27.9% | -1.2% | +42.3% | -10.8% | - |
| EBITDA growth | -3.0% | +22.3% | +108.3% | -42.4% | +53.9% | -4.0% | - |
| PBT growth | -1.4% | +17.5% | +33.1% | -40.9% | +85.1% | +19.6% | +58.9% |
| Net income growth | +56.7% | -26.6% | +105.4% | -62.6% | +121.6% | -16.1% | - |
| Revenue CAGR (3Y) | +17.3% | +13.9% | +21.6% | +7.9% | +29.5% | +73.2% | - |
| EBITDA CAGR (3Y) | +35.2% | +13.6% | +22.7% | -5.3% | +31.8% | +122.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +6.3% | +6.7% | +7.0% | +7.0% | +10.3% | +7.7% | +7.0% |
| Return on capital employed | +11.4% | +11.6% | +14.3% | +6.3% | +16.9% | +8.9% | +8.9% |
| Return on net worth | +8.9% | +7.0% | +12.1% | +5.0% | +11.7% | +6.0% | +7.3% |
| Debt / equity | 0.12 | 0.19 | 0.24 | 0.07 | 0.00 | 0.03 | 0.08 |
| Long-term debt / equity | 0.08 | 0.11 | 0.15 | 0.05 | 0.00 | 0.00 | 0.00 |
| Interest cover | 8.36 | 14.36 | 10.31 | 6.41 | 0.91 | 3.85 | 10.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.46 | 1.45 | 1.62 | 1.89 | 2.10 | 1.44 | 1.72 |
| Inventory turnover | 3.44 | 3.78 | 4.78 | 4.69 | 4.97 | 3.51 | 3.53 |
| Debtors turnover | 11.41 | 11.50 | 13.29 | 13.28 | 13.14 | 8.04 | 7.49 |
| EPS (₹) | 6.32 | 6.21 | 5.75 | 4.53 | 6.79 | 3.57 | 3.61 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 |
| Book value per share (₹) | 74.25 | 67.58 | 50.62 | 44.58 | 67.23 | 61.32 | 57.36 |
To see the full year-wise statements and ratios of Borosil Limited, buy the company report.
Board of directors of Borosil Limited
Borosil has 7 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Kheruka | Director | 28 Jan 2016 | 10 Years 9 Months | Current |
| Rajesh Kumar Chaudhary | Director | 12 Feb 2020 | 6 Years 8 Months | Current |
| Shreevar Kheruka Also directs: Borosil Renewables Limited, Borosil Scientific Limited, All India Glass MFRS'. Federation. and 5 more | Managing Director | 28 Jan 2016 | 10 Years 9 Months | Current |
| Anupa Rajiv Sahney Also directs: Borosil Scientific Limited, NV Capital Services LLP, Sameta Realty & Hospitality LLP and 4 more | Director | 03 Feb 2020 | 6 Years 9 Months | Current |
| Kewal Kundanlal Handa Also directs: Borosil Scientific Limited, The Third Eye Kreative Films LLP, The Third Eye Productions LLP and 5 more | Director | 03 Feb 2020 | 6 Years 9 Months | Current |
| Kanwar Bir Singh Anand | Director | 03 Feb 2020 | 6 Years 9 Months | Current |
Auditor
Borosil Limited is audited by CHATURVEDI & SHAH LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH LLP | FY 2025 | 101720W / W100355 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 64.70%, foreign institutional investors hold 0.40%, domestic institutional investors hold 6.20% and retail and other public shareholders hold 28.80%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 64.70% | 64.70% | 64.60% | 64.60% |
| Public | 35.30% | 35.30% | 35.40% | 35.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2026 | 101276792 | Hdfc Bank Limited | ₹52.5 Cr | Open | |
| 13 Jun 2023 | 100740956 | Hdfc Bank Limited | ₹26.7 Cr | Open | |
| 21 Jan 2022 | 100533581 | Others | ₹125 Cr | Open | |
| 21 Jan 2022 | 100533587 | Others | ₹85 Cr | Open | |
| 13 Aug 2019 | 100286710 | Others | ₹50 Cr | Open |
To see the full charge records of Borosil Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Borosil Limited has 7 deals on record (5 market trades, 1 qip, 1 acquisition); the latest was in August 2026.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹51.83 Cr | Buyer: NK Securities Research Private Limited , Microcurves Trading Private Limited Seller: NK Securities Research Private Limited , Microcurves Trading Private Limited |
| Jun 2024 | Market trade | ₹100.05 Cr | Buyer: Carnelian Asset Management & Advisors Private Limited , Carnelian Structural Shift Fund Seller: 3 individuals |
| Dec 2021 | Market trade | ₹38.53 Cr | Buyer: XTX Markets LLP Seller: XTX Markets LLP |
| Dec 2021 | Market trade | ₹25.34 Cr | Buyer: XTX Markets LLP Seller: XTX Markets LLP |
| Jan 2016 | Acquisition | ₹27 Cr | Buyer: Borosil Renewables Limited |
To see the full deal history of Borosil Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Borosil Limited has 49 court cases on record: 36 filed by Borosil, 13 filed against it. 29 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 6 | 23 |
| District courts | 19 | 7 | 6 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed by the company against Borosilico Life Sciences Private Limited and 1 other | Pending |
| Bombay High Court | Court case (LPETN) | Filed by the company against Borosilico Life Sciences Private Limited and 1 other | Pending |
| Bombay High Court | Court case (CRR) | Filed by the company against Borosilico Life Sciences Private Limited | Pending |
| High Court | Court case (CARBP) | Filed by the company against Icici Lombard General Insurance Company Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Fashnear Technologies Private Limited and 1 other | Disposed |
To see the full case history of Borosil Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Borosil Limited was last rated by Icra on 16 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 Feb 2022 |
To see the full credit ratings and regulatory alerts of Borosil Limited, buy the company report.
MSME payment delays
Borosil Limited has 41 MSME Form 1 returns on record between 2019 and 2024, listing 39,817 overdue payments to 1,516 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 1,516)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Parul Home Products | |||
| Nisha Enterprises | |||
| an individual supplier | |||
| Attro World Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Borosil Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Borosil has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Acalypha Realty Limited | U70100MH2008PLC179739 |
To see the full group structure of Borosil Limited, buy the company report.
Employees & EPFO
Borosil Limited has a workforce of 664 employees on its EPFO records as of Sep 24, 2025, across 2 active EPFO establishments.
GST
Borosil has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH5367G2ZG | Maharashtra | Active | 21 Nov 2019 |
| 27AACCH5367G1ZH | Maharashtra | Active | 03 Dec 2019 |
| 08AACCH5367G1ZH | Rajasthan | Active | 01 Jul 2017 |
| 19AACCH5367G1ZE | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Borosil Limited, buy the company report.
Recent activity
Borosil Limited has 54 board changes on record since 2010: 31 appointments and 23 cessations. The latest: Anshu Arvind Agarwal ceased to be Company Secretary on 28 Feb 2025.
81 earlier events are in the company report.
News
Frequently asked questions
Borosil is an active public limited company based in Mumbai, Maharashtra, India. The company works in scientific measuring equipment, within the electronics industry. It was incorporated on 25 November 2010 (16+ years old) and is registered under CIN L36100MH2010PLC292722. Listed on BSE: 543212 and NSE: BOROLTD.
Borosil reported revenue of ₹1,195.92 Cr for FY 2025-26 (up 8% YoY) based on consolidated financials.
Borosil has 7 current directors:
- Shreevar Kheruka - Managing Director
- Pradeep Kumar Kheruka - Director
- Rajesh Kumar Chaudhary - Director
- Anupa Rajiv Sahney - Director
- Kewal Kundanlal Handa - Director
- Kanwar Bir Singh Anand - Director
- Adarsh Menon - Director
The latest financial statements of Borosil on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Borosil is 27AACCH5367G2ZG, registered in Maharashtra. The company has 13 GST registrations in all, of which 12 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCH5367G1ZH (Maharashtra), 08AACCH5367G1ZH (Rajasthan), 19AACCH5367G1ZE (West Bengal).
The CIN (Corporate Identification Number) of Borosil is L36100MH2010PLC292722. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Borosil is a listed company as per MCA records. Its shares are listed on both BSE (code: 543212) and NSE (symbol: BOROLTD).
Borosil has 49 court cases on record: 36 filed by the company and 13 filed against it. 29 are pending. Most are in the high courts.
Borosil was incorporated on 25 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Borosil has 7 deals on record (5 market trades, 1 qip, 1 acquisition); the latest was in August 2026.
Anshu Arvind Agarwal ceased to be Company Secretary on 28 Feb 2025. Adarsh Menon was appointed as Director on 13 Nov 2024. Naveen Kumar Kshatriya ceased to be Director on 14 Oct 2023. Borosil has 54 board changes on record in total.

