Risk factor
Sufficiently resilient to price shocks
Profitability factor
Undervalued vs peers
About
Established in 1962 and based in Mumbai, India, Borosil Renewables Limited is a key producer and international distributor of flat glass products. This company, which rebranded from Borosil Glass Works Limited in February 2020, specializes in advanced solar glass solutions. Its offerings include low-iron solar glass, widely applied in photovoltaic (PV) panels, flat plate collectors, and greenhouse structures. Furthermore, Borosil Renewables provides specialized glass such as "Selene," an anti-glare variant ideal for PV installations near airports, alongside solar glass treated with anti-soiling and anti-reflective coatings.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, of fair value on EV/E