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Borosil Ltd Sets Sights on Growth: Plans ₹2.5 Billion Fundraise, Reports Robust Q4 Revenue

Updated: May 19, 2025 18:43

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Borosil Ltd, a leading name in glassware and scientific products, has announced a strategic move to raise up to ₹2.5 billion to fuel its next phase of growth. This comes alongside the release of its March quarter results, which highlight steady operational performance and a focus on financial prudence.
 
Key Highlights:
  • Major Fundraising Initiative: The Board has approved raising up to ₹2.5 billion, primarily through a Qualified Institutional Placement (QIP). This capital infusion is aimed at repaying existing debt and strengthening the company’s balance sheet, aligning with Borosil’s conservative financial strategy and growth ambitions. Recent QIP activity saw the company raise ₹1.5 billion at a floor price of ₹331.8 per share, with further fundraising on the horizon if market conditions permit.
  • Strong Q4 Performance: For the March 2025 quarter, Borosil Ltd reported consolidated revenue from operations of approximately ₹2.7 billion, reflecting stable demand across its product segments. The company posted a consolidated net profit of ₹111.4 million, underscoring its ability to maintain profitability despite sector headwinds.
  • Market Outlook: The fundraising and solid quarterly results are expected to enhance investor confidence, improve financial flexibility, and position Borosil for expansion in both domestic and international markets. Reducing debt and boosting liquidity will also make the company more attractive to investors.
  • Strategic Focus: Borosil continues to invest in innovation and operational efficiency, with a keen eye on leveraging India’s growing demand for quality glassware and scientific products.
Source: Equitymaster, Moneycontrol, Mercom India

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