BOROSIL RENEWABLES LIMITED Net Assets
BOROSIL RENEWABLES LIMITED net assets. Based on the latest financial reports, BOROSIL RENEWABLES LIMITED (BORORENEW) has net assets worth Rs15.10 Billion INR (≈ $163.26 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs18.25 Billion ≈ $197.36 Million USD) and total liabilities (Rs3.15 Billion ≈ $34.09 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is BOROSIL RENEWABLES LIMITED growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs15.10 Billion |
| % of Total Assets | 82.72% |
| Annual Growth Rate | 18.92% |
| 5-Year Change | 92.34% |
| 10-Year Change | 83.87% |
| Growth Volatility | 298.86 |
Net Assets of BOROSIL RENEWABLES LIMITED (2006–2026)
Net assets of BOROSIL RENEWABLES LIMITED from 2006 to 2026. This chart illustrates how BOROSIL RENEWABLES LIMITED's net assets have evolved over time, based on quarterly financial data. See BOROSIL RENEWABLES LIMITED balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for BOROSIL RENEWABLES LIMITED (2006–2026)
The table below shows the annual net assets of BOROSIL RENEWABLES LIMITED from 2006 to 2026. For live market cap and overall valuation, see BOROSIL RENEWABLES LIMITED market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs15.10 Billion ≈ $163.26 Million |
+51.01% |
| 2025-03-31 | Rs10.00 Billion ≈ $108.11 Million |
+11.98% |
| 2024-03-31 | Rs8.93 Billion ≈ $96.55 Million |
-5.28% |
| 2023-03-31 | Rs9.43 Billion ≈ $101.93 Million |
+20.09% |
| 2022-03-31 | Rs7.85 Billion ≈ $84.88 Million |
+27.72% |
| 2021-03-31 | Rs6.15 Billion ≈ $66.46 Million |
+88.26% |
| 2020-03-31 | Rs3.26 Billion ≈ $35.30 Million |
-1.88% |
| 2019-03-31 | Rs3.33 Billion ≈ $35.98 Million |
-62.00% |
| 2018-03-31 | Rs8.75 Billion ≈ $94.68 Million |
+6.64% |
| 2017-03-31 | Rs8.21 Billion ≈ $88.79 Million |
+25.95% |
| 2016-03-31 | Rs6.52 Billion ≈ $70.50 Million |
-9.76% |
| 2015-03-31 | Rs7.22 Billion ≈ $78.12 Million |
+9.54% |
| 2014-03-31 | Rs6.59 Billion ≈ $71.32 Million |
+5.14% |
| 2013-03-31 | Rs6.27 Billion ≈ $67.83 Million |
+0.57% |
| 2012-03-31 | Rs6.24 Billion ≈ $67.45 Million |
-6.49% |
| 2011-03-31 | Rs6.67 Billion ≈ $72.12 Million |
+1373.53% |
| 2010-03-31 | Rs452.60 Million ≈ $4.89 Million |
-27.45% |
| 2009-03-31 | Rs623.83 Million ≈ $6.75 Million |
-0.89% |
| 2008-03-31 | Rs629.46 Million ≈ $6.81 Million |
+0.86% |
| 2007-03-31 | Rs624.10 Million ≈ $6.75 Million |
+32.35% |
| 2006-03-31 | Rs471.55 Million ≈ $5.10 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to BOROSIL RENEWABLES LIMITED's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 377080100000.0% over the analyzed period, indicating profitable operations and earnings retention.
BOROSIL RENEWABLES LIMITED Net Assets Breakdown (March 2026)
BOROSIL RENEWABLES LIMITED net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs3.77 Billion | 24.96% |
| Common Stock | Rs140.19 Million | 0.93% |
| Other Comprehensive Income | Rs14.97 Billion | 99.07% |
| Total Equity | Rs15.11 Billion | 100.00% |
BOROSIL RENEWABLES LIMITED Competitors by Market Cap
The table below lists competitors of BOROSIL RENEWABLES LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Everlight Chemical Industrial Corp
TW:1711
|
$603.14 Million |
|
Cracker Barrel Old Country Store
NASDAQ:CBRL
|
$603.26 Million |
|
Shinkong Textile Co Ltd
TW:1419
|
$603.37 Million |
|
ZheJiang ZhongKe Magnetic Co. Ltd. A
SHE:301141
|
$603.66 Million |
|
Pubmatic Inc
NASDAQ:PUBM
|
$602.45 Million |
|
Yangzhou Seashine New Materials Co
SHE:300885
|
$602.42 Million |
|
MNTN, Inc.
NYSE:MNTN
|
$602.21 Million |
|
Sichuan Discovery Dream Science & Technology Co.Ltd
SHE:301213
|
$601.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BOROSIL RENEWABLES LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 9,974,164,000 to 15,108,334,000, a change of 5,134,170,000 (51.5%).
- Net income of 1,290,817,000 contributed positively to equity growth.
- New share issuances of 3,922,043,000 increased equity.
- Other comprehensive income increased equity by 13,237,466,000.
- Other factors decreased equity by 13,316,156,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.29 Billion | +8.54% |
| Share Issuances | Rs3.92 Billion | +25.96% |
| Other Comprehensive Income | Rs13.24 Billion | +87.62% |
| Other Changes | Rs-13.32 Billion | -88.14% |
| Total Change | Rs- | 51.47% |
Book Value vs Market Value Analysis
This analysis compares BOROSIL RENEWABLES LIMITED's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 110.14x to 3.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs3.44 | Rs378.65 | x |
| 2007-03-31 | Rs4.41 | Rs378.65 | x |
| 2008-03-31 | Rs4.20 | Rs378.65 | x |
| 2009-03-31 | Rs4.04 | Rs378.65 | x |
| 2010-03-31 | Rs2.85 | Rs378.65 | x |
| 2011-03-31 | Rs42.06 | Rs378.65 | x |
| 2012-03-31 | Rs41.02 | Rs378.65 | x |
| 2013-03-31 | Rs51.23 | Rs378.65 | x |
| 2014-03-31 | Rs54.85 | Rs378.65 | x |
| 2015-03-31 | Rs58.04 | Rs378.65 | x |
| 2016-03-31 | Rs53.01 | Rs378.65 | x |
| 2017-03-31 | Rs82.84 | Rs378.65 | x |
| 2018-03-31 | Rs88.29 | Rs378.65 | x |
| 2019-03-31 | Rs32.23 | Rs378.65 | x |
| 2020-03-31 | Rs28.62 | Rs378.65 | x |
| 2021-03-31 | Rs51.73 | Rs378.65 | x |
| 2022-03-31 | Rs60.28 | Rs378.65 | x |
| 2023-03-31 | Rs70.49 | Rs378.65 | x |
| 2024-03-31 | Rs66.84 | Rs378.65 | x |
| 2025-03-31 | Rs76.27 | Rs378.65 | x |
| 2026-03-31 | Rs110.72 | Rs378.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BOROSIL RENEWABLES LIMITED utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.30%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.21x
- Recent ROE (8.54%) is above the historical average (7.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 8.50% | 6.17% | 0.69x | 2.00x | Rs-7.05 Million |
| 2007 | 17.67% | 16.15% | 0.59x | 1.86x | Rs47.85 Million |
| 2008 | 0.85% | 0.75% | 0.61x | 1.87x | Rs-57.59 Million |
| 2009 | -15.08% | -14.04% | 0.62x | 1.74x | Rs-156.47 Million |
| 2010 | -54.77% | -28.21% | 0.85x | 2.29x | Rs-293.16 Million |
| 2011 | 97.13% | 543.91% | 0.14x | 1.28x | Rs5.81 Billion |
| 2012 | 5.22% | 25.81% | 0.19x | 1.06x | Rs-298.38 Million |
| 2013 | 3.16% | 14.75% | 0.20x | 1.05x | Rs-428.86 Million |
| 2014 | 5.96% | 25.19% | 0.22x | 1.05x | Rs-266.60 Million |
| 2015 | 7.08% | 15.28% | 0.39x | 1.18x | Rs-203.47 Million |
| 2016 | 4.00% | 5.95% | 0.50x | 1.35x | Rs-370.66 Million |
| 2017 | 16.74% | 23.07% | 0.56x | 1.30x | Rs516.11 Million |
| 2018 | 5.54% | 7.19% | 0.58x | 1.32x | Rs-363.99 Million |
| 2019 | 13.91% | 21.57% | 0.50x | 1.28x | Rs129.97 Million |
| 2020 | 0.14% | 0.17% | 0.55x | 1.51x | Rs-321.91 Million |
| 2021 | 14.59% | 17.90% | 0.64x | 1.27x | Rs281.90 Million |
| 2022 | 21.13% | 25.74% | 0.61x | 1.34x | Rs873.60 Million |
| 2023 | 7.57% | 7.82% | 0.55x | 1.77x | Rs-223.10 Million |
| 2024 | -5.37% | -3.44% | 0.81x | 1.93x | Rs-1.34 Billion |
| 2025 | -6.97% | -4.70% | 1.02x | 1.46x | Rs-1.69 Billion |
| 2026 | 8.54% | 8.30% | 0.85x | 1.21x | Rs-220.02 Million |
Industry Comparison
This section compares BOROSIL RENEWABLES LIMITED's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $1,780,319,326
- Average return on equity (ROE) among peers: 33.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BOROSIL RENEWABLES LIMITED (BORORENEW) | Rs15.10 Billion | 8.50% | 0.21x | $602.71 Million |
| GENSOL ENGINEERING ORD (BSE) (GENSOL) | $1.46 Million | 249.59% | 36.61x | $3.97 Million |
| Premier Energies Limited (PREMIERENE) | $1.59 Billion | 17.79% | 2.60x | $4.35 Billion |
| Surana Solar Limited (SURANASOL) | $23.54 Million | -1.84% | 0.19x | $11.23 Million |
| Swelect Energy Systems Limited (SWELECTES) | $897.49 Million | 24.50% | 0.83x | $100.33 Million |
| Sterling and Wilson Renewable Energy Limited (SWSOLAR) | $8.38 Billion | 76.30% | 5.44x | $356.77 Million |
| Urja Global Limited (URJA) | $32.01 Million | 0.86% | 0.05x | $46.60 Million |
| Waaree Energies Limited (WAAREEENER) | $2.25 Billion | 13.68% | 3.86x | $7.21 Billion |
| Websol Energy System Limited (WEBELSOLAR) | $1.08 Billion | -112.29% | 2.27x | $306.50 Million |
About BOROSIL RENEWABLES LIMITED
Borosil Renewables Limited engages in the manufacture and sale of flat glass products in India and internationally. It provides low iron textured solar glass for various applications in photovoltaic (PV) panels, flat plate collectors, and greenhouses. It also offers 2 MM fully tempered solar glass; Shakti, a solar glass in matt-matt finish; NoSbEra, an antimony-free solar glass; Selene, an anti-g… Read more