What we do Borosil Ltd manufactures and trades scientific and consumer products, including laboratory glassware, kitchenware, opalware, storage, and appliances, serving India and exports. |
Founded in 2,010 |
Market share Leading player in India's consumer glassware and opalware markets with strong brand presence and growing export footprint. |
Problem solved Provides high-quality, safe, and innovative glass and consumer products addressing health, sustainability, and convenience needs in households and labs. |
Top clients or who we serve Serves retail consumers, laboratories, pharmaceutical companies, general trade, modern trade, e-commerce, and B2B segments across India and abroad. |
Key management Mr. Shreevar Kheruka (Vice Chairman, Managing Director & CEO), Mr. Rajesh Kumar Chaudhary (Whole-time Director), Mr. Anand Sultania (CFO). |
Our journey and innovations Over 60 years legacy, pioneered borosilicate glass production in India, acquired Larah Opalware brand, launched India’s first borosilicate glass pressware furnace in 2024. |
Where we operate Operations primarily in India with exports to 26 countries and growing international presence. |
Top products or what we offer Microwavable glassware, opalware dinner sets, lab glassware, storage containers, glass cookware, hydration products, and kitchen appliances like coffee makers and air fryers. |
Top brands Borosil #1 in microwavable glassware, Larah - leading opalware brand in India, Hydra - insulated steel bottles, diversified consumer and scientific product lines. |
Raw materials needed Borosilicate and soda lime glass, plastics for disposables, stainless steel for flasks and appliances. |
Raw materials supplier Suppliers include domestic and international raw material vendors specialized in glass and metal products. |
Recurring vs cyclical contribution Revenue is largely recurring with steady demand in consumer and scientific segments, supported by innovation and brand loyalty. |
Our industry position Market leader in consumer glassware and opalware, competitive in scientific glassware, strong growth in appliances and hydration. |
Financial highlights FY 2024-25 revenue ₹1107.77 crore, PAT ₹74.23 crore, 17% revenue growth, improved operational margins and reduced net debt. |
Geographical revenue split India contributes over 96% of revenue; exports contribute approximately 3.3%. |
Order book - |
Whats driving growth Expanded manufacturing capacity, product innovation, rising health awareness, urbanization, and increased disposable incomes in India. |
Our future plans Scaling up borosilicate and opalware capacity, launching stainless steel flasks, enhancing e-commerce channels, and expanding product portfolio. |
Our green promise Invested in solar power plants, water conservation, zero liquid discharge, sustainable packaging, and community development initiatives. |
Our people and values Focus on employee safety, ethical conduct, diversity, leadership training, and stock option plans for talent retention. |
Key challenges ahead Managing rising raw material costs, regulatory changes, and expanding competitive pressures while sustaining innovation. |
Interesting facts First borosilicate glass pressware facility in India; Larah grew from INR48 Cr to 384 Cr post acquisition; pioneering plastic-to-glass shift in India. |
Risks and strategy Mitigates raw material volatility, supply chain risks, and market competition through innovation, backward integration, and robust risk management. |
