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Borosil Renewables Ltd. (India)

Main Activities: Glass and Glass Product Manufacturing
Full name: Borosil Renewables Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Borosil Renewables Ltd. is a solar glass manufacturer located in Mumbai, India. It is a part of the Borosil group, known for its brand "BOROSIL®" that produces lab ware, scientific ware, and consumer ware products. The company is the first and only solar glass manufacturer in India. Currently, it has a solar glass manufacturing capacity of 450 TPD, equivalent to solar glass for 2.8 GW of solar modules. Borosil Renewables Ltd. recently acquired Interfloat Group, the largest solar manufacturer in Europe, with a capacity of 300 TPD, equivalent to solar glass for 2 GW of solar modules. The company is planning to expand its manufacturing capacity in India by adding another 550 TPD, equivalent to solar glass for 3 GW of solar modules, by Q3 FY22 - 23. Borosil Renewables Ltd. has received the National Award 2021 from the Department of Science and Technology, Government of India for the Successful Commercialisation of Indigenous Technology. The company is known for its pioneering achievements in developing fully tempered solar glass, solar glass with low iron content, and antimony-free solar glass. It offers a range of solar glass products, including Selene, Shakti, and solar glass with anti-glare, anti-reflective, and anti-soiling coatings. Borosil Renewables Ltd. is committed to maintaining a lower carbon footprint compared to the default score for glass manufacturing. The company also invests in renewable energy projects, including wind and solar+wind hybrid projects.

Legal Address
1101, Crescenzo, G-Block,, Opp. MCA Club, Bandra-Kurla Complex
Mumbai; Maharashtra; Postal Code: 400051

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Website: http://www.borosilrenewables.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1962
Key Executives
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Chairman
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Chief Executive Director and Managing Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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61.6%
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28.22%
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5.76%
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4.19%
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0.22%
Subsidiaries
Borosil Afrasia FZE
100%
Hopewell Tableware Pvt. Ltd.
100%
Klass Pack Pvt. Ltd.
60%
Company Performance
Financial values in the chart are available after Borosil Renewables Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
4.6%
Total operating revenue
5.52%
Operating profit (EBIT)
-39.2%
EBITDA
-3.03%
Net Profit (Loss) for the Period
-20.97%
Operating Profit Margin (ROS)
-0.55%
Net Profit Margin
-0.52%

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