Borosil Limited

NSE BOROLTD.NS

Borosil Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.28

Borosil Limited Debt to Equity Ratio is 0.28 for the year ending March 31, 2024, a 133.12% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Borosil Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.12, a 7,756.57% change year over year.
Borosil Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.00, a -87.34% change year over year.
Borosil Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.01, a -84.40% change year over year.
Borosil Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.08, a -99.55% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: BOROLTD.NS

Borosil Limited

CEO	Mr. Shreevar Kheruka
IPO Date	July 22, 2020
Location	India
Headquarters	Bandra Kurla Complex
Employees	881
Sector	Materials
Industries Glass Chemicals & Advanced Materials Eyewear Food & Beverages Specialty Retail

Description

Borosil Limited operates as a glassware company in India and internationally. It operates through Scientificware and Consumerware segments. The company provides science and industrial products, including laboratory glassware, laboratory equipment, liquid handling equipment, sample processing equipment, and other laboratory equipment under the LabQuest brand name that are used in pharmaceutical, research and development, education, and healthcare sectors. It also offers primary packaging glass vials and ampoules under the Klass Pack name for pharmaceutical industry. In addition, the company provides consumer glassware products, including microwaveable kitchenware, opalware dinner sets, kitchen appliances, storage products, lunch boxes, and stainless-steel flasks and bottles under the Borosil brand name. It sells its products through distributors and online platform. The company also exports its products to approximately 50 countries. The company was formerly known as Hopewell Tableware Limited. Borosil Limited was founded in 1962 and is based in Mumbai, India.

Key trends

Past 5 years