Borosil Renewables Adjusts Quality Grade Amid Strong Sales and EBIT Growth

Borosil Renewables has recently undergone an evaluation revision, reflecting its performance metrics and market position within the industrial products sector. The company has demonstrated notable sales growth over the past five years, achieving a rate of 5.55%. Additionally, its EBIT growth during the same period stands at an impressive 104.92%, indicating strong operational efficiency.
Financial stability is underscored by a favorable EBIT to interest ratio of 4.60, alongside a manageable debt to EBITDA ratio of 5.41 and a net debt to equity ratio of 0.22. These figures suggest that Borosil Renewables maintains a solid balance sheet, which is further supported by a sales to capital employed ratio of 0.91.

In terms of returns, Borosil Renewables has outperformed the Sensex across various time frames, including a remarkable 578.63% return over the past five years compared to the Sensex's 94.82%. This performance highlights the company's competitive edge in the market.

When compared to its peers, Borosil Renewables holds an average quality score, while competitors like Asahi India Glass and La Opala RG have achieved higher ratings. This context provides insight into Borosil's relative standing in the industry, emphasizing the importance of ongoing performance evaluation in a competitive landscape.