BOROLTDBorosil Limited Forensic Risk Analysis

Houseware
Risk ClassStable
Market Cap₹2,736 Cr
Primary DriverBalance Sheet Stress
Flagium AI Risk Score
Stable structural profile. Financial profile appears resilient.
8 / 100
+5 QoQ
Early Deterioration
Sentinel Insight

Financial profile remains stable for now. Weakness is detected in balance sheet stress. No immediate concerns are visible. Risk is increasing at a faster pace.

0.0th %ile (Sector)Accel: +1 Qtrs
Updated2026-06-02
Market View
₹220.04▼0.11%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Balance Sheet Stress
+8.0 pts
Earnings Quality
+4.8 pts
Stability Adjustment
-5.0 pts
Final Composite Risk8 / 100

Investment Risk Thesis

Historical Trend

Current risk score has declined from 16 → 8 over 13 quarters.

Expected Direction
⚠ Watch
Primary Deterioration Drivers
  • Inventory Stress
  • Industrial Margin Stress
  • Operating Leverage Stress
What to Watch Next Quarter
  • Operating profit margins
  • Operating cash flow
  • Inventory turnover

Active Risk Objects (9)

CriticalHigh
Industrial Margin Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight12/15
MomentumDecaying
Last SignalQ4 FY2024
BOROLTD: EBITDA margin compressed by 6.8 bps YoY.

"Operating efficiency is stabilizing. The rate of margin deterioration has slowed."

Cash Conversion Deficit
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight6/15
MomentumPersistent
Last SignalFY2026
BOROLTD: OCF below Net Profit in 2/3 recent years.

"Cash conversion is dangerously low. Operational cash flow is significantly trailing reported PAT."

Negative FCF Streak
⚖️ Governance SignalsAnnualActive for 3 Years
More Detail
Impact Weight6/15
MomentumPersistent
Last SignalFY2026
BOROLTD: Negative Free Cash Flow for last 3 consecutive years.

"High capital expenditure and low OCF are draining cash. Debt levels may rise sharply."

Inventory Stress
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight15/15
MomentumDecaying
Last SignalQ4 FY2025
Inventory growth (31.7%) significantly outpaced revenue growth (15.7%).

"Inventory overhang is clearing. Stock levels are normalizing as sales momentum returns."

Capex Efficiency Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ2 FY2025
Aggressive Capex (27.2%) amidst slow revenue growth (-10.3%).

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Profit Collapse
📊 Earnings QualityQuarterlyActive for 2 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ4 FY2024
BOROLTD: Net Profit collapsed by 77.2% from FY2023 Q4 to FY2024 Q4.

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Operating Leverage Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight10/15
MomentumAccelerating
Last SignalQ4 FY2026
Expenses are consistently growing faster than revenues, creating operational pressure.

"Debt levels are creeping up. Monitor for signs of excessive borrowing for non-core activities."

Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 3 Years
More Detail
Impact Weight10/15
MomentumPersistent
Last SignalQ4 FY2026
Working capital expansion detected: Receivable days increased by -1.3%.

"Early signs of working capital expansion. Receivable or inventory days are creeping up."

Revenue-Debt Divergence
🏛️ Solvency & LeverageAnnualActive for 1 Years
More Detail
Impact Weight6/15
MomentumDecaying
Last SignalFY2024
BOROLTD: Revenue fell 8.7% while Debt rose 58.5% in 2024 vs 2023.

"Debt servicing metrics have improved recently. The company is actively deleveraging."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)7.3310.68✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+58.0+51.0✅ RESILIENT
Forensic Benchmark Context: Houseware (n=3 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹220.04(-0.11%)
1M Divergence-13.24%
1 Week-0.09%
1 Month-10.97%
6 Months-27.93%
1 Year-39.76%
2 Year-28.94%
3 Year-37.76%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in balance sheet stress remain well-maintained against forensic benchmarks. Systematic scans of core structural metrics confirm the absence of material structural stress. Strategic vigilance is advised as structural decay is accelerating.

BOROLTD • MARKET STRUCTURE

Stage 4 — Declining

The company is in a defensive phase. Sentiment and fundamentals are deteriorating under persistent downward pressure, indicating elevated risk levels.

Stage Transition Prob.0%
Trend QualityDeteriorating
Phase Progression
Phase Progression Score0%
Readiness LabelLow (Early Base Consolidation)
Probability of Advancing0%
CoinTree Momentum
Composite Z-Score-0.7670σ
Weakening momentum trend
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#2385 of 2716
Top 87.81% in momentum strength
Timeframe Sparklines
1W-0.1%
1M-11.0%
6M-27.9%
Weinstein Indicators
150 DMA₹269.63
200 DMA₹288.11
150 DMA Slope-5.3609%Declining
Relative Strength-22.44%Lagging
Relative Turnover (RTR)0.5864
ParticipationWeak

PEER COMPARISON

Ranked comparison against sector peers

This company appears relatively stable compared to the Sector Mean (15).
BOROLTDBorosil Limited
8 Risk
Sector %ile0th
Delta+5
Active Flags9
Accel+1
Balance Sheet Stress

Stable

CELLOCello World Limited
15 Risk
Sector %ile50th
Delta0
Active Flags18
Accel+0
Earnings Quality

Stable

ALLTIMEAll Time Plastics Limited
25 Risk
Sector %ile100th
Delta-5
Active Flags5
Accel+0
Balance Sheet Stress

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
6.868th %ile
VS Sector Median (8.5)
Balance Sheet Stress
660th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Operating Leverage Stress

2026

Working Capital Expansion

2026

Working Capital Expansion

2026

Negative FCF Streak

2026

Cash Conversion Deficit

2025

Inventory Stress

2025

Working Capital Expansion

2025

Inventory Stress

2025

Capex Efficiency Stress

2025

Cash Conversion Deficit

2025

Negative FCF Streak

2024

Inventory Stress

2024

Industrial Margin Stress

2024

Revenue-Debt Divergence

2024

Negative FCF Streak

2024

Cash Conversion Deficit

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20261,22675119136
FY20251,13574-1978
FY20249606648154
FY20231,052906497