Makes consumer glassware, opalware kitchen products and laboratory scientific glassware, with Consumerware contributing the bulk of revenue. In the period ended 30 September 2023, Consumerware was 80.3% of segment revenue at ₹411.211 crore (₹44.5509 crore EBIT) and Scientificware was 19.7% at ₹100.7014 crore (₹17.8734 crore EBIT). For FY26, the company reported full-year revenue of ₹1,195.9 crore (+8% YoY), with category-level breakdown showing glassware at ₹295.5 crore (+17.3% YoY), opalware under the Larah brand at ₹411.9 crore (+7.3% YoY), and non-glassware at ₹463.7 crore (+2.4% YoY). The Consumerware business sells bottles, jars, storage containers, dinnerware and similar items to households through retail; Scientificware supplies borosilicate glass lab equipment (beakers, flasks, test tubes) to research, education and industrial buyers. Manufacturing runs on LPG-fired furnaces in Jaipur, with operations including India's largest opalware capacity at 84 TPD and a 25 TPD borosilicate glass furnace. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Consumerware (80%), Scientificware (20%), Investments (0%). Consumer durables houseware brand with in-house glass and opalware manufacturing; exposure to LPG gas price volatility
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 840 | 1,027 | 942 | 1,108 | 1,196 |
| EBITDA (ex other income) | 132 | 136 | 133 | 170 | 165 |
| margin % | 15.8 | 13.2 | 14.1 | 15.4 | 13.8 |
| Owners' profit | 84 | 90 | 66 | 74 | 75 |
| EPS, as reported (₹) | 7.34 | 7.86 | 5.75 | 6.28 | 6.24 |
| ROE % · ROCE % | 10.9 · 15.2 | 10.3 · 12.6 | 11.4 · 13.9 | 9.2 · 13.2 | 8.4 · 10.6 |
| Debt / equity (x) | 0.00 | 0.11 | 0.27 | 0.10 | 0.15 |
| Cash from operations | 77 | 64 | 48 | (19) | 119 |
| Capex | (88) | (268) | (175) | (98) | (138) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 274 | 338 | 270 | 233 | 340 | 339 | 284 | 254 |
| Profit before tax | 26 | 48 | 17 | 23 | 30 | 32 | 15 | 17 |
| Net profit | 18 | 35 | 11 | 17 | 23 | 24 | 11 | 13 |
| EPS (₹) | 1.53 | 2.97 | 0.93 | 1.46 | 1.90 | 2.00 | 0.89 | 1.07 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CELLO WORLD LIMITED | 7,375 | 23.9 | 2.73 | 14.0 | 12.3 | 16.1 | — | 22.2 |
| HAWKINS COOKERS LTD | 4,437 | 33.8 | 9.97 | — | 29.5 | 37.2 | — | 15.8 |
| BOROSIL LIMITED ◆ | 3,065 | 43.7 | 3.46 | 16.5 | 8.4 | 9.9 | 15.4 | 16.2 |
| ALL TIME PLASTICS LIMITED | 1,448 | 40.0 | 2.36 | 15.6 | 5.8 | 6.9 | — | 16.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Sept 2026 · Borosil publishes newspaper ad for FY26 Annual Report and 16th AGM notice | compliance | minimal | — | — |
| 1 Sept 2026 · Borosil publishes electronic dispatch notice for FY2025-26 annual report and AGM | compliance | minimal | — | — |
| 31 Aug 2026 · Borosil sends Annual Report FY26 web link to non-email shareholders | compliance | minimal | — | — |
| 31 Aug 2026 · Borosil files BRSR for FY 2025-26 as part of Annual Report | compliance | minimal | — | — |
| 31 Aug 2026 · Borosil FY26 Annual Report and 16th AGM Notice filed | board shareholder meetings | medium | — | — |
| 31 Aug 2026 · Borosil Annual Report FY26 and Notice of 16th AGM on September 24, 2026 | board shareholder meetings | medium | — | — |
| 28 Aug 2026 · Borosil informs shareholders about 16th AGM via newspaper ads | compliance | minimal | — | — |
| 28 Aug 2026 · Borosil sets Sep 24, 2026 for 16th AGM via video conference | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Borosil Q1 FY27 earnings call: revenue up 9%, margins hit by West Asia conflict | investor communications | medium | — | — |
| 25 Aug 2026 · Borosil Q1 FY27 earnings call: revenue up 9%, margins under pressure | investor communications | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| Maruti Interior Products Limit |
| 255 |
| 4.3 |
| — |
| — |
| — |
| 21.6 |
| — |
| — |
| Inflame Appliances Limited | 172 | 74.2 | — | — | — | 10.0 | — | — |
| GOTHI PLASCON (INDIA) LTD. | 41 | 18.0 | 3.77 | — | 16.6 | 16.4 | — | 63.6 |
| Riddhi Display Equipments Limi | 23 | 4.2 | — | — | — | 14.3 | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 43.7 | 33.8 | 8 of 9 | 13% |
| P/B | 3.5 | 3.1 | 4 of 6 | 40% |
| ROCE | 9.9 | 14.3 | 7 of 9 | 25% |
| ROE | 8.4 | 10.3 | 4 of 6 | 40% |
| Debt / Equity | 0.1 | 0.1 | 5 of 6 | 20% |
| EBITDA margin | 16.2 | 16.4 | 4 of 6 | 40% |
| Revenue growth | 9.0 | 9.0 | 4 of 7 | 50% |
| Profit growth | (26.5) | (7.8) | 5 of 6 | 20% |
| Market cap | 3065 | 255 | 3 of 9 | 75% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
