Company Valuation: Borosil Renewables Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 32,025 75,652 53,765 65,021 63,405 52,921
Change - 136.23% -28.93% 20.93% -2.48% -16.53%
Enterprise Value (EV) 1 29,989 74,973 56,709 69,303 65,189 48,158
Change - 150% -24.36% 22.21% -5.94% -26.12%
P/E 32.6x 45.6x 77.2x -139x -90x 39.9x
PBR 5.21x 9.64x 5.85x 7.45x 6.36x 3.5x
PEG - 0.7x -1.3x 1x -1.9x -0x
Capitalization / Revenue 6.35x 11.7x 5.99x 4.73x 4.28x 3.4x
EV / Revenue 5.95x 11.6x 6.32x 5.04x 4.4x 3.09x
EV / EBITDA 15.1x 30.2x 34.6x 126x 115x 10.8x
EV / EBIT 19.1x 36.5x 50.3x -95.1x -87.5x 13.6x
EV / FCF 47.7x -42.1x -15.8x -31.1x -1,910x 24.5x
FCF Yield 2.1% -2.38% -6.34% -3.21% -0.05% 4.07%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 7.557 12.74 5.339 -3.593 -5.32 9.46
Distribution rate - - - - - -
Net sales 1 5,040 6,474 8,979 13,737 14,819 15,563
EBITDA 1 1,991 2,480 1,640 551.5 568.5 4,463
EBIT 1 1,571 2,057 1,127 -728.5 -745.3 3,530
Net income 1 896.4 1,658 696.3 -469 -695.7 1,291
Net Debt 1 -2,036 -679.1 2,944 4,282 1,784 -4,763
Reference price 2 246.25 580.35 412.00 498.10 478.65 377.50
Nbr of stocks (in thousands) 130,049 130,355 130,498 130,538 132,467 140,189
Announcement Date 31/8/21 20/7/22 2/8/23 1/8/24 31/8/25 30/7/26
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 818M
12.01x4.02x7.82x-.--% 22.68B
18.66x4.66x16.07x2.4% 15.42B
24.31x2.87x13.54x-.--% 13.63B
-49.97x0.97x11.68x0.04% 14.53B
18.7x2.75x11.59x - 8.08B
-9.64x1.29x11.37x-.--% 7.61B
-44.67x0.83x6.44x-.--% 6.6B
-31.57x8.46x21.36x-.--% 5.73B
17.3x1.03x7.57x1.39% 5.59B
Average -4.98x 2.99x 11.94x 0.48% 10.07B
Weighted average by Cap. -1.36x 3.08x 11.68x 0.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Borosil Renewables Limited