Borosil Renewables share price today

Borosil Renewables Ltd's share price was ₹413.75 at the close on 5 November 2026. It has been falling for 6 weeks. That is 18.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹384 and ₹659, and at that close it sat 11% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Borosil Renewables Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running.

Over the last 11 years the share price moved +2,043% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. 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.

Three changes stood out: revenue up on a year earlier for 5 quarters in a row, profit up on a year earlier for 5 quarters in a row and operating margin down 5 points on a year earlier.

1. Revenue up on a year earlier for 5 quarters in a row

   In the September 2026 quarter revenue was ₹397 crore, +4.7% on a year earlier.

   Why: Revenue rose because the average price it got for its glass was higher than a year earlier, even though it slipped from the prior quarter after part of a fuel surcharge was rolled back.

   Next results: check whether October's peak output continues through the quarter without new stoppages.

   From the earnings call on 30 Oct 2026.

2. Profit up on a year earlier for 5 quarters in a row

   In the September 2026 quarter profit was ₹69 crore, +11.3% on a year earlier.

3. Operating margin down 5 points on a year earlier

   26% in the September 2026 quarter, from 31%.

   Why: Margins fell because the company made less glass while it maintained and tuned a furnace, and it rolled back part of a fuel surcharge.

   Next results: check whether margins recover by the end of Q3 as production and the fuel surcharge return to earlier levels.

   From the earnings call on 30 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Borosil Renewables reported revenue of ₹397 crore, up 4.7% from ₹379 crore a year earlier, and a profit of ₹69.0 crore, up 11.3% from ₹62.0 crore.

Borosil Renewables results: July to September 2026 against a year earlier

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).

Borosil Renewables' management discussed these results on a call held on 30 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Borosil Renewables closed at ₹413.75 on 5 November 2026, down 37.0% from ₹656.90 a year earlier (7 November 2025) and down 15.1% over five years. Its highest weekly close since March 2016 was ₹780.15 on 22 April 2022.

Borosil Renewables share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Borosil Renewables closed at ₹413.75, up 7.1% on the week and down 3.8% on the month. 30 Oct 2026: Borosil Renewables held its results call for July to September 2026. Management guided: FY27 and FY28 operating margin 31-32% after Q2 dip on current parameters.

Earlier

• Results for July to September 2026: Revenue up 4.7% and profit up 11.3% on a year earlier.

Borosil Renewables has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

Not in its latest year. Borosil Renewables Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 6 of its last 10 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Borosil Renewables' management guided: FY27 and FY28 operating margin 31-32% after Q2 dip on current parameters.

“In view of the supply gap and its customer relationships, the company does not foresee any challenges in selling the additional production.”P.K. Kheruka, on the call for July to September 2026

What management guided

• FY28 revenue growth broadly in line with 60% capacity addition.
• Additional 2-3% operating leverage from new facility via overhead spread.
• First new furnace firing in February and second in March with commissioning toward end January to March 2027.
• Older SG-1 and SG-2 rebuilds for 75 days each likely in H1 FY28 with decision in February-March and seamless supply via new plant.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

When Borosil Renewables reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Q3 operating profit returning to flagged margin band as production and surcharge normalize by quarter-end per management expectation.

Borosil Renewables is on 2 of our India lists: 52 week high & low and Power & green energy stocks.

Borosil Renewables Ltd earned ₹69.0 Cr of net profit in the Sep 2026 quarter, +11.3% on the same quarter a year earlier. Full-year FY26 profit was ₹127 Cr. Over 12 years profit has grown 10.3% a year on average. That is 17.4% of the quarter's revenue. The same quarter a year earlier earned ₹62.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

7 of the last 12 reported quarters were loss-making.

Borosil Renewables Ltd reported ₹397 Cr of revenue in the Sep 2026 quarter, +4.7% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 12 years it has grown 21.1% a year on average. The last full year, FY26, came in at ₹1,556 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,633 Cr.

FY26 revenue was ₹1,556 Cr, +5.4% on the year before.

Recent pace: the last four quarters grew +11.8% on average, against 21.1% 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 +11.8%, against +9.7% a year over the last 8 quarters (stabilising).

Borosil Renewables Ltd's operating margin was 26.0% in the Sep 2026 quarter, 5.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 10 years it has been between 3.9% and 28.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −4.8 percentage points on the year while gross margin changed −6.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

Over the last 3 years, 152% of Borosil Renewables Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹423 Cr of operating cash against ₹127 Cr of profit. After −₹95.0 Cr of spending on assets, ₹518 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 152% of profit came in as cash: the cash cycle got 15 days shorter between FY18 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Borosil Renewables Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 96 days in FY26, down from 111 days in FY18. It spent ₹37.0 Cr on assets over the last 3 years. Customers take 28 days to pay, and stock sits for 115 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,556 Cr, each day of that cycle ties up about ₹4.3 Cr, so roughly ₹409 Cr is tied up in the business at any time.

FY26: customers took 28 days to pay and stock sat for 115 days, about 3.8 months of sales sitting as stock, for a full cycle of 96 days, shorter than FY18's 111.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 115 days. Customers pay about 28 days after that. Suppliers are paid at 48 days. Together that makes the 96-day cycle.

Spending on assets: ₹37.0 Cr over the last 3 years, against ₹362 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹108 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Borosil Renewables Ltd's P/E is 14.8×, in the middle of its own history: higher than 47% of past readings. Its usual P/E (the middle reading) is 16.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

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 ₹30.08.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.