Borosil Renewables Limited, formerly known as Borosil Glass Works Limited, was established in December 1962 to acquire Industrial and Engineering Equipment Company Pvt. Ltd. So in this article we are going to discuss the Borosil Renewables share price target in the coming years. The company is a leading player in manufacturing extra clear patterned glass and low iron solar glass for various applications such as photovoltaic panels, flat plate collectors and greenhouses.
Borosil Renewables Current Market Performance
Borosil Renewables has a market capitalization of ₹6,615 crore as of May 2024. The company remains the sole producer of solar glass in India, manufacturing iron solar glass for various applications, and has recently added new capacity and upgraded its furnace to increase production capabilities and efficiency.
Financial table for Borosil Renewables Ltd
| Company Name | Infosys |
|---|---|
| Market Cap | ₹ 6.61K Cr (As of May 2024) |
| P/E Ratio | 586.44 |
| Industry P/E | 46.78 |
| Debt to Equity Ratio | o.51 |
| ROE | 0.25% |
| Official Website | Borosil Renewables |
Past 5 Years Growth Table
| Year | Revenue Growth (%) | Profit Growth (%) | Share Price Growth (%) |
|---|---|---|---|
| 2019 | 25.10% | -49.60% | 22.8% |
| 2020 | 35.30% | 347.70% | 23.2% |
| 2021 | 75.60% | -49.60% | 30.3% |
| 2022 | 43.93% | 6.5% | 36.4% |
| 2023 | 52.17% | 347.7% | 81.9% |
Borosil Renewables Share Price Target 2025
Borosil Renewables share price is expected to rise in 2025, potentially reaching Rs 600-700. This positive outlook is driven by factors such as the company’s strong financial performance, technological innovations, and growth prospects in the solar glass manufacturing industry.
Borosil Renewables Share Price Target 2030
By 2030, the Borosil Renewables Share Price is expected to reach between ₹780 and ₹956.75. This goal was achieved due to the long-term growth prospects for the company and the company’s focus on the market development. Its upcoming quarterly results, enhance the company’s financial performance and growth outlook.
Borosil Renewables Share Price Target 2035
For the year 2035, the Borosil Renewables Share Price is expected to reach between ₹900 and ₹1700. Borosil is set to benefit from new capacity coming on stream from the renewables stream, which is expected to significantly boost its production capabilities.
Borosil Renewables Share Price Target 2040
By 2040, the Borosil Renewables Share Price is expected to reach between ₹2100 and ₹2985 . This goal is mostly about company’s upgraded efficiency and productivity. Borosil Renewables is expected to increase its capacity utilization, leading to higher production volumes and improved productivity.
Borosil Renewables Share Price Target 2045
By 2045, the Borosil Renewables Share Price is estimated between ₹3550 and ₹5500. This growth reflects the company’s performance driven by growing demand for its products, especially in the domestic market where demand for solar glass is growing rapidly.
Borosil Renewables Share Price Target 2050
The expected Borosil Renewables Share Price for 2050 is estimated ₹6000 – ₹8500. This growth builds on new capacity and furnace upgrades, Borosil Renewables expected to increase its capacity utilization, leading to higher production volumes and improved productivity.
Shareholding Ratio
| Category | Shareholding (%) |
|---|---|
| Promoters | 61.60% |
| Foreign Institutional Investors (FIIs) | 4.36% |
| Mutual Funds | 0.22% |
| Other Domestic Institutions | 0.04% |
| Public | 33.78% |
Conclusion
FAQ’s
Who is the Chairman of Borosil Renewables?
- The Chairman of Borosil Renewables is Pradeep Kheruka. He has been instrumental in leading the company through various phases of growth and innovation.
Who is the CEO of Borosil Renewables?
- The CEO of Borosil Renewables is Shreevar Kheruka. He plays a crucial role in overseeing the company’s operations and strategic direction.
What does Borosil Renewables specialize in?
- Borosil Renewables specializes in manufacturing solar glass, which is used in solar power generation. They are known for their high-quality, durable, and efficient solar glass products.
Where is Borosil Renewables headquartered?
- Borosil Renewables is headquartered in Mumbai, India. Their manufacturing facilities are located in Bharuch, Gujarat.
When was Borosil Renewables established?
- Borosil Renewables was established in 1962. It has since grown to become a leader in the renewable energy sector, particularly in solar glass manufacturing.
What are some key sustainability initiatives of Borosil Renewables?
- Borosil Renewables is committed to sustainability and environmental responsibility. They focus on reducing their carbon footprint, optimizing energy use, and ensuring that their manufacturing processes are environmentally friendly.
How does Borosil Renewables contribute to renewable energy?
- Borosil Renewables contributes to renewable energy by producing high-quality solar glass that is essential for the efficient functioning of solar panels. This helps in generating clean and sustainable energy.
What are the key products offered by Borosil Renewables?
- Key products offered by Borosil Renewables include tempered solar glass, anti-glare solar glass, and anti-soiling solar glass. These products are crucial for enhancing the efficiency and durability of solar panels.
Is Borosil Renewables involved in any collaborations or partnerships?
- Yes, Borosil Renewables is involved in various collaborations and partnerships with leading solar energy companies and research institutions to advance solar technology and improve product offerings.
What awards or recognitions has Borosil Renewables received?
- Borosil Renewables has received several awards and recognitions for its innovation, quality, and contributions to the renewable energy sector. These accolades highlight their commitment to excellence and sustainability.
Disclaimer
This blog article is for educational and informative purposes only. It is not meant to be a recommendation or an offer to purchase or sell any securities. The information presented is based on publicly accessible data and should not be construed as financial advice. It is crucial to contact with a financial professional before making any investing choices.
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I am Vansh Gupta, a financial analyst and seasoned author with 15 years of experience specializing in stock market trends and share price target predictions. My extensive background in analyzing market data and financial indicators enables me to provide accurate and insightful forecasts that you can trust. By sharing my wealth of experience, I aim to help investors make informed decisions with confidence. My in-depth research and expertise in financial modeling ensure that my predictions are reliable and catered to both novice and experienced investors. Trust in my knowledge and let my insights guide you towards achieving your financial goals.
