LNPR Capital®
LNPR Capital®

@LnprCapital

6 Tweets Apr 22, 2023
Borosil Ltd.
Mcap: ₹ 4140 Cr
3Yr Sales CAGR: 32%
3Yr PAT CAGR: 52%
Co is a supplier of laboratory glassware, microwaveable kitchenware & opal ware in India. It sells & markets microwavable & flameproof kitchenware & glass tumblers through more than 15,000 retail outlets.
They have 3 manufacturing facilities. The Co conducts its operations in two business segments - namely, scientific & industrial products & consumer products.
In FY20, Consumer Product Division (CPD) and Scientific & Industrial product (SIP) segments of Borosil Glass work Ltd was
demerged which resulted in a better capital structure within the Borosil group of companies.
Borosil Ltd is now demerging their scientificware division from consumerware division which is expected to be completed by end of FY23.
The consumer division will have consumer
glassware, consumer non-glassware & opalware businesses.
The scientific division will have laboratory glassware, pharma packaging & scientific instrument businesses.
Co expanded its Product basket from its Microwavable glass to include Opalware sets (sold under the brand Larah)
Kitchen Appliances, Storage products , Insulated bottles & many more covering the entire value chain of a Home maker. In Microwavable glassware segment, co has been a market leader with over 60% share.
Co has 4 life science manufacturing facilities whose products are sold &
distributed in more than 52 countries. It has more than 2000 SKU’s.
Co has a PAN India distribution network, they sell products through 14000 plus retailers which contributes 50% revenue of the consumer segment of the co. Co also derives 10–12% of its rev through Online platform

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