# Borosil share price today (Borosil Ltd, NSE: BOROLTD) > Borosil share price today: ₹306.15 at the NSE close on 3 November 2026, down 10.6% in a year. Borosil (NSE: BOROLTD) is worth ₹3,666 crore, trades at a P/E of 44.5 and has closed between ₹219.24 and ₹339.20 over the past 52 weeks. > Borosil Ltd's earnings have grown faster than its share price. Earnings per share grew +0.5% in a year while the price moved −10.6%. BOROLTD · Opalware · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/borosil-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from fewer quarters than usual - Price: ₹306.15 (−10.6% in a year) - P/E: 44.5× (lower than 62% of the last 6.3 years) - Revenue (Sep 2026): ₹370 Cr (+7.6% on a year ago) - Profit (Sep 2026): ₹32.0 Cr (+39.1% on a year ago) - Operating margin: 19.0% (+4.0 points on a year ago) - ROCE: 11%, FY26 - Profit that came in as cash: 69%, last 3 years Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Borosil share price today? Borosil Ltd's share price was ₹306.15 at the close on 3 November 2026. It has been moving sideways for 4 weeks. That is 17.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹219 and ₹339, and at that close it sat 72% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 17 weeks in a row. Over the last 6.3 years the share price moved +97% while the NIFTY 500 moved +141%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Borosil this quarter? Three changes stood out: revenue up on a year earlier for 9 quarters in a row, best operating margin in 11 quarters and indian funds and insurers (DIIs) raised their stake for 4 quarters in a row. 1. Revenue up on a year earlier for 9 quarters in a row In the September 2026 quarter revenue was ₹370 crore, +7.6% on a year earlier. 2. Best operating margin in 11 quarters Operating margin was 19% in the September 2026 quarter, against 15% a year earlier. 3. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row From 6.1% to 6.4% of the company by the September 2026 quarter. ## What are Borosil's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Borosil reported revenue of ₹370 crore, up 7.6% from ₹344 crore a year earlier, and a profit of ₹32.0 crore, up 39.1% from ₹23.0 crore. ### Borosil results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹370 crore | ₹344 crore | +7.6% | | Profit | ₹32.0 crore | ₹23.0 crore | +39.1% | | Earnings per share | ₹2.67 | ₹1.90 | +40.5% | | Operating margin | 19.0% | 15.0% | +4.0 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 19 August 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.) ## What is the Borosil share price history? Borosil closed at ₹306.15 on 3 November 2026, down 10.6% from ₹342.50 a year earlier (31 October 2025) and up 23.1% over five years. Its highest weekly close since July 2020 was ₹469.85 on 6 December 2024. ### Borosil share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹235.85 | +29.8% | | 1 month ago · 1 Oct 2026 | ₹280.20 | +9.3% | | 6 months ago · 30 Apr 2026 | ₹247.15 | +23.9% | | 1 year ago · 31 Oct 2025 | ₹342.50 | −10.6% | | 3 years ago · 3 Nov 2023 | ₹335.73 | −8.8% | | 5 years ago · 4 Nov 2021 | ₹248.67 | +23.1% | | Earliest weekly close in our records · 24 Jul 2020 | ₹155.19 | +97.3% | | Highest weekly close since July 2020 · 6 Dec 2024 | ₹469.85 | −34.8% | | Lowest weekly close since July 2020 · 16 Oct 2020 | ₹112.29 | +172.6% | | 52-week high (weekly close) · 7 Nov 2025 | ₹339.20 | −9.7% | | 52-week low (weekly close) · 29 May 2026 | ₹219.24 | +39.6% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (334 weekly closes from 24 July 2020 to 3 November 2026.) ## What is the latest news on Borosil? 3 Nov 2026: Borosil closed at ₹306.15, up 29.8% on the week and up 9.3% on the month. Results for July to September 2026: Revenue up 7.6% and profit up 39.1% on a year earlier. ### Earlier - 19 Aug 2026: Borosil held its results call for April to June 2026. Management guided: FY27 operating margin about 18%, excluding other income; steady-state business framed at 18%-20% without West Asia impact. ## What dividend does Borosil pay? Borosil paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹1 a share, ex-date 17 August 2021. ### Borosil dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 17 Aug 2021 | ₹1 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record Not in its latest year. Borosil Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 9 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Borosil management say on the latest results call? On the call for April to June 2026, held on 19 August 2026, Borosil's management guided: FY27 operating margin about 18%, excluding other income; steady-state business framed at 18%-20% without West Asia impact. > “For FY27, it remains at about 18% EBITDA margin.” > Ruturaj Sharma, on the call for April to June 2026 ### What management guided - FY27 total capital spending ₹125-150 crore, including glassware projects, possible solar and maintenance capital spending; exclusive stores typically require ₹40-50 lakh each. - FY27 consolidated depreciation approximately ₹92 crore including Stainless. - FY27 solar operating profit savings about ₹27-28 crore; fuel impact could reduce to ₹1.5 crore per quarter in opalware and ₹0.6-0.7 crore in borosilicate at current prices. - Third Hydra double-walled line expected to commence production during July to September 2026. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/40225/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 19 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.) ## What to watch in Borosil's next results? When Borosil reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Consolidated margin recovery after price realization begins; check whether fuel and packaging relief converts into earnings. - What to check (from the call) - Consolidated margin recovery after price realization begins; check whether fuel and packaging relief converts into earnings. - Hydra saleable output and third-line commissioning; check festive-season availability, utilization and margin contribution. - Bharuch project execution; check progress toward the guided commissioning window and replacement of sourced glassware. - Chinese dumping and anti-dumping investigation; check whether competitive pressure eases or borosilicate pricing improves. ## Which stock lists is Borosil on? Borosil is not on any of our India lists this week. ## Is Borosil profitable? Borosil Ltd earned ₹32.0 Cr of net profit in the Sep 2026 quarter, +39.1% on the same quarter a year earlier. Full-year FY26 profit was ₹75.0 Cr. That is 8.6% of the quarter's revenue. The same quarter a year earlier earned ₹23.0 Cr. For the full year, FY26 profit was ₹75.0 Cr (+1.4% on the year before). Why profit moved: revenue changed +7.6% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −3.9% and revenue +5.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Borosil make, and is it growing? Borosil Ltd reported ₹370 Cr of revenue in the Sep 2026 quarter, +7.6% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 8 years it has grown 35.9% a year on average. The last full year, FY26, came in at ₹1,175 Cr. The last four reported quarters add to ₹1,251 Cr. FY26 revenue was ₹1,175 Cr, +7.8% on the year before. Recent pace: the last four quarters grew +5.9% on average, against 35.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +5.6%, against +10.3% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −7.0%, against +7.7% a year (rolling over). ## How much of every ₹100 of sales does Borosil keep? Borosil Ltd's operating margin was 19.0% in the Sep 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 9 years it has been between 9.0% and 18.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +3.6 percentage points on the year while gross margin changed +4.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Borosil's profit turning into cash? Over the last 3 years, 69% of Borosil Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹119 Cr of operating cash against ₹75.0 Cr of profit. After ₹122 Cr of spending on assets, free cash was −₹3.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 69% of profit came in as cash: the cash cycle got 73 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 73 days longer. The next section looks at where the cash is stuck. ## Where does Borosil's cash go? Borosil Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 259 days in FY26, up from 186 days in FY21. It spent ₹464 Cr on assets over the last 3 years. Customers take 33 days to pay, and stock sits for 282 days on average. At FY26 sales of ₹1,175 Cr, each day of that cycle ties up about ₹3.2 Cr, so roughly ₹834 Cr is tied up in the business at any time. FY26: customers took 33 days to pay and stock sat for 282 days, about 9.3 months of sales sitting as stock, for a full cycle of 259 days, longer than FY21's 186. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 282 days. Customers pay about 33 days after that. Suppliers are paid at 56 days. Together that makes the 259-day cycle. Spending on assets: ₹464 Cr over the last 3 years, against ₹222 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹105 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Borosil's P/E ratio, and how does it compare with its own history? Borosil Ltd's P/E is 44.5×, in the middle of its own history: higher than 38% of past readings. Its usual P/E (the middle reading) is 51.0×, over 6.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹6.63. Why the multiple is where it is: over the past year earnings per share moved +0.5% while the price moved −10.6%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +4.2% a year; about +11.2% a year came from earnings growth and about −7.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 613% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Borosil business getting better or worse? Borosil Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −7.0% in the latest quarter, against +56.8% at its best in 12 quarters, with ROCE steady at 11.0%. This is based on 9 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Borosil earn on its capital? Borosil Ltd earned a ROCE of 11% in FY26. That is up from a low of 6% in FY23. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 6.4% net margin and 0.92× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.4% net margin × 0.92× asset turnover × 1.45× leverage (assets divided by equity) ≈ 8.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 613% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Borosil have too much debt? Borosil Ltd had ₹148 Cr of borrowings against ₹887 Cr of equity in FY26, so its debt is 0.17× its equity. Its operating profit is 24 times its interest bill. Over 5 years borrowings went from ₹7.0 Cr to ₹148 Cr. Over the last 3 of those years it spent ₹464 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 613% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Borosil shareholding pattern? Domestic institutions raised their stake in Borosil Ltd by 1.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 6.4% of the company. Foreign institutions moved −0.5 points over the same period, to 0.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +1.3 points over 8 quarters, to 6.4%; Foreign institutions: −0.5 points over 8 quarters, to 0.4%; Promoters: +0.0 points over 8 quarters, to 64.7%. Why the owners changed: domestic institutions drove it (+1.3 points), with the other side taken by foreign institutions (−0.5 points). They raised their stake step by step. ## How far is Borosil from balance-sheet trouble? For Borosil Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Borosil rank in its industry? 58.7 out of 100, rank 1 of 3 in Opalware, with 79% of the evidence available. Borosil Ltd scores 58.7 out of 100 against the 3 companies it is compared with in Opalware, ranking 1. Relative strength against the index is 16.9%, and revenue and profit growth are weak. The four parts add up to the total exactly: 14.7 + 12.9 + 11.1 + 20 = 58.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Borosil compared with? Borosil ranks 1 of 3 Opalware companies on the 4-Factor Sector Score, with 58.7 out of 100. 1. Borosil Ltd this page BOROLTD · breaking out · Evidence leans up · 79% evidence 58.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.7/35 · Revenue 5.6% · Profit -7% · Operating margin change 4 points · 95% evidence Capital efficiency 12.9/25 · ROCE 11.1% · Operating margin 19% · 76% evidence Valuation 11.1/20 · P/E 41.6× · PEG n/a · 35% evidence Relative strength 20.0/20 · Lead over its industry 25.2% · Lead over NIFTY 500 16.9% · 1 year -16.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 14.7 + 12.9 + 11.1 + 20 = 58.7 · What this means: Relative strength against the index is 16.9%, and revenue and profit growth are weak. 2. [Cello World Ltd](https://www.sectoralpha.in/stocks/cello-world-ltd) CELLO · turning · Evidence leans down · 60% evidence 46.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.6/35 · Revenue 7.3% · Profit -9.3% · Operating margin change -2 points · 83% evidence Capital efficiency 18.0/25 · ROCE 17.4% · Operating margin 19% · 76% evidence Valuation 12.9/20 · P/E 23.2× · PEG n/a · 35% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -19.6% · 1 year -49.9% · 25% evidence · 2 of 12 weeks ahead Exact sum: 7.6 + 18 + 12.9 + 7.5 = 46 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [La Opala RG Ltd](https://www.sectoralpha.in/stocks/la-opala-rg-ltd) LAOPALA · quiet · Evidence leans down · 93% evidence 35.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.2/35 · Revenue -3.1% · Profit -5.1% · Operating margin change -1 points · 88% evidence Capital efficiency 14.3/25 · ROCE 14.2% · Operating margin 36% · 100% evidence Valuation 12.8/20 · P/E 16.6× · PEG 1.85 · 85% evidence Relative strength 0.0/20 · Lead over its industry -14.1% · Lead over NIFTY 500 -19.8% · 1 year -38.6% · 100% evidence · 1 of 12 weeks ahead Exact sum: 8.2 + 14.3 + 12.8 + 0 = 35.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Opalware](https://www.sectoralpha.in/sectors/opalware), all 3 compared on one page. ## Which companies are close to Borosil in size? Borosil is the 2nd largest of 3 Opalware companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Cello World. Just below it: La Opala RG. ### Opalware companies close in size 1. [Cello World Ltd](https://www.sectoralpha.in/stocks/cello-world-ltd) ₹7,391 crore 2. Borosil Ltd ₹3,425 crore 3. [La Opala RG Ltd](https://www.sectoralpha.in/stocks/la-opala-rg-ltd) ₹1,568 crore [All 3 Opalware companies, largest first](https://www.sectoralpha.in/sectors/opalware#all-companies) ### Companies close in size in other industries 1. [Cigniti Technologies Ltd](https://www.sectoralpha.in/stocks/cigniti-technologies-ltd) ₹3,472 crore · IT - Software 2. [Caliber Mining and Logistics Ltd](https://www.sectoralpha.in/stocks/caliber-mining-and-logistics-ltd) ₹3,459 crore · Mining/Minerals 3. Borosil Ltd ₹3,425 crore 4. [Aimtron Electronics Ltd](https://www.sectoralpha.in/stocks/aimtron-electronics-ltd) ₹3,420 crore · EMS 5. [RattanIndia Power Ltd](https://www.sectoralpha.in/stocks/rattanindia-power-ltd) ₹3,415 crore · Power - Generation/Distribution ## What else do people ask about Borosil? ### What is Borosil's share price today? Borosil Ltd's share price is ₹306.15, −10.6% over the past year. The whole company is worth ₹3,666 Cr on the market. In the last 52 weeks it traded between ₹219 to ₹339; today it is 72% of the way up from the low, 17.6% above its 200-day average (as of 3 November 2026). ### What were Borosil's latest quarterly results? Borosil Ltd reported revenue of ₹370 Cr and net profit of ₹32.0 Cr for the Sep 2026 quarter. Revenue rose 7.6% and profit rose 39.1% compared with a year earlier. Earnings per share were ₹2.67. The operating margin was 19.0%, 4.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Borosil's market cap? Borosil Ltd's market capitalisation is ₹3,666 Cr at a share price of ₹306.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Borosil performing? Borosil Ltd's share price has been moving sideways for 4 weeks. In its latest quarter, revenue rose 7.6% and profit rose 39.1% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 17 weeks running (as of 3 November 2026). ### Will Borosil's share price go up? This page does not forecast Borosil Ltd's share price. What it shows instead: the share price is ₹306.15, and it has been moving sideways for 4 weeks. Its P/E of 44.5× is higher than 38% of its own last 6 years (as of 3 November 2026). ### Who owns Borosil? Promoters own 64.7% of Borosil Ltd, foreign institutions 0.4%, domestic institutions 6.4% and the public 28.4% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 1.3 percentage points over 8 quarters (as of 3 November 2026). ### Where is Borosil in its business cycle? Borosil Ltd's FY26 operating margin was 14.0%, against a 9-year range of 9.0% to 18.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 19.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Borosil story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Borosil a stock worth studying right now? What the numbers show: Borosil Ltd's earnings have grown faster than its share price. Earnings per share grew +0.5% in a year while the price moved −10.6%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Borosil share price forecast for 2026? What management itself guided: FY27 operating margin about 18%, excluding other income; steady-state business framed at 18%-20% without West Asia impact. This is research, not advice. We’re not SEBI-registered.