Borosil Renewables Limited

NSE BORORENEW.NS

Borosil Renewables Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.66

Borosil Renewables Limited Debt to Equity Ratio is 0.66 for the year ending March 31, 2024, a 44.17% 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 Renewables Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.46, a 128.42% change year over year.
Borosil Renewables Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.20, a 56.08% change year over year.
Borosil Renewables Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.13, a -54.60% change year over year.
Borosil Renewables Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.28, a 111.23% 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: BORORENEW.NS

Borosil Renewables Limited

CEO	Mr. D. Melwyn Moses
IPO Date	May 25, 2018
Location	India
Headquarters	Bandra Kurla Complex
Employees	809
Sector	Materials
Industries Glass Solar Energy

Description

Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. The company offers low iron solar glass for various applications in photovoltaic (PV) panels, flat plate collectors, and greenhouses. It also offers Selene, an anti-glare solar glass suitable for PV installations near airports; and anti-soiling and antireflective coating solar glass. The company was formerly known as Borosil Glass Works Limited and changed its name to Borosil Renewables Limited in February 2020. Borosil Renewables Limited was incorporated in 1962 and is based in Mumbai, India.

Key trends

Past 5 years