Borosil margins stay flat near 16.7% as gas costs lag crude fall; CEO eyes ~20% EBITDA
Borosil expects near-term margin pressure as gas input costs trail crude declines, keeping EBITDA around 16.7% versus a ~20% target. Growth levers include new double-wall flask capacity, induction cooktop demand, battery storage savings, and organised brands taking share. Stock down 28% over the past year; market cap ₹2,833.63 crore.
Borosil expects flat near-term margins as gas input costs lag crude declines. CEO targets EBITDA margin near 20%, cites new double-wall flask capacity, induction cooktop demand, battery storage cost savings, and organised brands gaining share from unorganised players.