Borosil Renewables Limited

Manufacturer of glass products including industrial, pharmaceutical, and solar glass.

1962 | Mumbai, Maharashtra (India) | Active
Last Updated: October 07, 2024

Borosil Renewables Profile

Key Indicators

  • Authorised Capital ₹ 183.90 Cr
  • Paid Up Capital ₹ 13.05 Cr
  • Company Age 62 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,343.28 Cr
  • Satisfied Charges ₹ 386.01 Cr
  • Revenue Growth 6.37%
  • Profit Growth -46.61%
  • Ebitda -35.53%
  • Net Worth 11.81%
  • Total Assets 31.83%

About Borosil Renewables

Borosil Renewables Limited (BRL) was founded in India on 14 December 1962 and has a glorious history of 62 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502219 and on the National Stock Exchange(NSE) under BORORENEW.

The Corporate was formerly known as Borosil Glass Works Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 183.90 Cr and a paid-up capital of Rs 13.05 Cr.

The company currently has active open charges totaling ₹1,343.28 Cr. The company has closed loans amounting to ₹386.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Borosil Renewables Limited India are Sunil Roongta as CFO and Ravi Vaishnav as Company Secretary. Haigreve Khaitan, Pradeep Kheruka, Ashok Jain, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    borosil.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L26100MH1962PLC012538

  • Company No.

    012538

  • Stock Symbol

    BSE : 502219 NSE : BORORENEW

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 1962

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Borosil Renewables Limited offer?

Borosil Renewables Limited offers a wide range of products and services, including Plastic & Glass Labware, Test Tubes, Plastic Containers & Bottles, Plastic Jars, Dinnerware and Serving Utensils, Drinking Glasses, Pollution Control Devices & Machines, Industrial Scrubber System, Laboratory Glassware, Solar & Renewable Energy Products.

Who are the key members and board of directors at Borosil Renewables?

Executive Team (2)

NameDesignationAppointment DateStatus
Sunil Roongta Country flag representing In CFO12-Feb-2020Current
Ravi Vaishnav Company Secretary03-Jun-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Shreevar Kheruka Country flag representing In Director 24-Aug-2009Current
Shalini Kamath Country flag representing In Director 03-Feb-2020Current
Pradeep Bhide Country flag representing In Director 03-Feb-2020Current
Haigreve Khaitan Country flag representing In Director 03-Feb-2020Current
Pradeep Kheruka Country flag representing In Whole-Time Director 24-Nov-1988Current
Ashok Jain Country flag representing In Whole-Time Director 12-Feb-2020Current

Financial Performance of Borosil Renewables.

Borosil Renewables Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.37% increase. The company also saw a substantial fall in profitability, with a 46.61% decrease in profit. The company's net worth Soared by an impressive increase of 11.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
6.37%
Revenue from Operations
6.82%
Total Assets
31.83%
Profit or Loss
-46.61%
Net Worth
11.81%
EBITDA
-35.53%

What is the Ownership and Shareholding Structure of Borosil Renewables?

In 2023, Borosil Renewables had a promoter holding of 61.62% and a public holding of 38.38%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,343.28 Cr

Satisfied Charges

₹386.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 691.28 Cr
  • Hdfc Bank Limited : 498.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 154.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jul 2023Hdfc Bank Limited₹209.00 CrOpen
31 May 2023The Hongkong And Shanghai Banking Corporation Limited₹154.00 CrOpen
13 Jan 2023Hdfc Bank Limited₹289.00 CrOpen
13 Jan 2023Others₹216.96 CrOpen
31 Aug 2021Others₹90.00 CrOpen

How Many Employees Work at Borosil Renewables?

Borosil Renewables has a workforce of 337 employees as of Oct 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Borosil Renewables, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Borosil Renewables's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Borosil Renewables

Recent activity within the organization

  • Director Appointment

    Sunil Kishanlal Roongta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jun 2024 & has been associated with this company since 8 months 18 days .

    03 Jun 2024

  • Director Appointment

    Ravi Motilal Vaishnav was appointed as a Company Secretary was appointed as a Company Secretary on 03 Jun 2024 & has been associated with this company since 8 months 18 days .

    03 Jun 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 154.00 Cr registered on 31 May 2023 with Charge ID 100725961 was modified on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 289.00 Cr registered on 13 Jan 2023 with Charge ID 100672770 was modified on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge with Others of Rs. 216.96 Cr registered on 13 Jan 2023 with Charge ID 100673093 was modified on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge with Others of Rs. 167.36 Cr registered on 31 Mar 2016 with Charge ID 100031469 was modified on 19 Jan 2024.

    19 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Borosil Renewables Limited was incorporated on 14 Dec 1962.

  • The authorized share capital of Borosil Renewables Limited is ₹ 183.90 Cr and paid-up capital is ₹ 13.05 Cr.

  • Currently 11 directors are associated with Borosil Renewables Limited.

    • Haigreve Khaitan
    • Pradeep Kumar Kheruka
    • Ashok Jain
    • Raj Kumar Jain
    • Shreevar Kheruka
    • Sunil Kishanlal Roongta
    • Pradeep Vasudeo Bhide
    • Shalini Kalsi Kamath
    • Asif Syed Ibrahim
    • Sunil Kumar Roongta
    • Ravi Motilal Vaishnav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Borosil Renewables Limited is 1101 Crescenzo G-Block, Opp. Mca Club Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India, 400051.

  • The corporate identification number (CIN) of Borosil Renewables Limited is L26100MH1962PLC012538 and the company number is 012538 as per Ministry of Corporate Affairs (MCA).

  • Yes, Borosil Renewables Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BORORENEW.

  • The Official website of Borosil Renewables Limited is https://www.borosil.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Borosil Renewables Limited has risen by 6.37%.

  • As Per 2023 financial reports, 337 employees are currently employed by Borosil Renewables Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Borosil Renewables Limited has experienced an upsurge of 11.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Borosil Renewables Limited amount to ₹ 1,343.28 Cr.

  • The most recent Balance Sheet for Borosil Renewables Limited was filed with the ROC on 31 Mar 2023.

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