Established in 1962 as a glassware manufacturing enterprise, Borosil Ltd has undergone remarkable transformation, evolving into India's premier consumer ware brand. The company was initially established in collaboration with Corning Glass Works and began to sell products under the Borosil brand, with the name inspired by borosilicate glass, the company's main product category.
Borosil's unwavering commitment to excellence has earned it the distinction of being the unrivalled market leader in consumer glassware. The company is one of the largest glassware-producing companies in India, with a presence in the United States and the Netherlands. It sells and markets microwavable and flameproof kitchenware and glass tumblers through more than 15,000 retail outlets, and has three manufacturing facilities.
Following a strategic business reorganization, the Company currently houses the consumer products business, encompassing glassware, non-glassware, and Opalware. Borosil is engaged in the business of manufacturing and trading of Consumer Products (CP). CP consist of microwavable and flameproof kitchenware, glass tumblers, hydra bottles, tableware and dinnerware, appliances, storage products and steel serve fresh.
Over the years, the company's product portfolio has expanded exponentially to encompass a diverse range of offerings, including Cookware, Opalware dinner sets and Serveware (marketed under the esteemed Larah Opalware by Borosil brand), kitchen appliances, storage solutions, glass lunch boxes, and stainless-steel vacuum insulated flasks and bottles. The company is deeply embedded in every stage of a customer's daily routine, offering an extensive array of everyday essentials that cater to every step of prepping, cooking, serving, and storage requirements.
The Borosil group has seven manufacturing facilities located in Jaipur, Bharuch, Tarapur, Naashik and Pune. The Company commissioned India's first Borosilicate Glass Pressware Production Facility in Jaipur, Rajasthan on January 31, 2024, with a capacity of 25 tones per day and commenced commercial production on March 28, 2024. It launched new products including the new Artisan series, borosilicate jars and containers, coffee makers, air fryers, and gas stoves.
In a significant corporate restructuring, the company has demerged its Scientific business under the name of Borosil Scientific Limited (BSL). As a part of this scheme, they will merge its subsidiaries: Klass Pack Limited and Borosil Technologies Limited into BSL. BSL was listed on the exchange on June 24, 2024.
Borosil Ltd's revenue jumped 14.28% since last year same period to ₹354.45Cr in the Q3 2024-2025. On a quarterly growth basis, Borosil Ltd has generated 25.11% jump in its revenue since last 3-months. The company's net profit fell -4.88% since last year same period to ₹35.48Cr in the Q3 2024-2025.
- Market Capitalization: Rs 4,432 crore (as of June 2025)
- Q3 FY25 Revenue: ₹354.45 crore
- Q3 FY25 Net Profit: ₹35.48 crore
- Q3 FY25 Net Profit Margin: 10.01%
- Annual Revenue: ₹1,108 crore
- Annual Profit: ₹74.2 crore
In 2017, it was estimated Borosil had captured 60 percent market share in both laboratory glassware and microwavable kitchenware segments. The company's consumer products division sells microwavable and flameproof kitchenware and glass tumblers. The products have become almost synonymous with elegance, dependability, safety and ease of use. In the kitchenware segment in India, Borosil is a generic term.
Despite being a traditional brick-and-mortar company for the most part of its lifespan, Borosil claims to be among the first in its industry to build its own ecommerce platform - www.myborosil.com. It also began retailing on Amazon, Flipkart and other ecommerce marketplaces, as well as building brand awareness through Facebook, Twitter, Instagram, and LinkedIn.
Promoter holding in Borosil Ltd has gone down to 64.64 per cent as of Mar 2025 from 67.40 per cent as of Jun 2024. The stock is trading at 5.00 times its book value and though the company is reporting repeated profits, it is not paying out dividend.
Borosil Ltd stands as a testament to successful brand evolution, transforming from a specialized laboratory glassware manufacturer to India's most trusted consumer lifestyle brand. With its strong market position, diverse product portfolio, and commitment to innovation, the company continues to strengthen its presence in the Indian consumer goods market while maintaining its leadership in the glassware segment.
