Borosil Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 29, 2025
BOROLTD · price
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Borosil Limited has submitted its Annual Report for FY 2024-25 along with the notice for its 15th Annual General Meeting, scheduled to be held on July 29, 2025 via video conference. For the year, the company reported consolidated revenue of ₹1,107.8 crores, up 16.8% year-on-year, with operating EBITDA rising 22.6% to ₹177.7 crores. Profit after tax stood at ₹74.2 crores, and net debt was reduced sharply to ₹26.5 crores, supported by a ₹150 crore QIP raised earlier. Segment-wise, non-glassware led at ₹452.85 crores (41% of consumerware), followed by Larah opalware at ₹383.75 crores and glassware at ₹251.98 crores. The company also commissioned India's first borosilicate pressware facility in Jaipur (25 TPD), doubled opalware capacity to 84 TPD, and received a credit rating upgrade to AA- (Stable) from ICRA.
This is a procedural compliance filing for shareholders ahead of the AGM, but the embedded annual report reveals healthy double-digit revenue growth, improving profitability, and a stronger balance sheet with minimal net debt. Shareholders should look out for the AGM for voting on resolutions and any management commentary on the company's growth outlook.