Borosil Renewables Limited Overview
Pro stress-test →Borosil Renewables Limited is a publicly traded manufacturer of flat glass products, specifically low iron textured solar glass for photovoltaic panels, flat plate collectors, and greenhouses. The company is positioned as a critical player in India's renewable energy infrastructure.
Strategic Profile
Pro stress-test →Borosil is the largest low-iron textured solar glass manufacturer in India with market share exceeding 20%, and holds a 65% share of Germany's solar glass market through overseas subsidiaries. The company has developed the world's first antimony-free solar glass (2014) and world's first fully tempered 2mm solar glass (2017), demonstrating consistent innovation leadership.
Competitive Landscape
Pro stress-test →Borosil operates in the Glass & Glass Products industry where it competes against both domestic Indian glass manufacturers and international solar glass producers. The company's competitive moat derives from technical innovation (proprietary coatings and glass formulations), tariff protection via anti-dumping duties, and established relationships in solar panel OEM supply chains.
Industry Context
Borosil Renewables Limited operates in Solar Glass Manufacturing & Glass Products.
Key facts
Founded: 1962 · Headquarters: Mumbai, India · Employees: 1,730 · Revenue: ₹78.3B (FY2024-25 estimated) · Market cap: ₹6,659 Cr (~$800M)