BOROLTD2024-01-012024-03-31 BOROLTD2024-01-012024-03-31 BOROLTD2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member BOROLTD2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member BOROLTD2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543212 BOROLTD NOTLISTED Borosil Limited Equity 2023-04-01 2024-03-31 2024-05-24 2024-05-17 INR Lakhs Yearly 13:55:00 15:10:00 2024-05-24 2024-05-24 true Cash Flow Indirect Declaration of unmodified opinion Single segment Consumer ware 2024-01-01 2024-03-31 Audited Standalone 2288795000.00 67270000.00 2356065000.00 143187000.00 575650000.00 154058000.00 271501000.00 31734000.00 159760000.00 953567000.00 2289457000.00 66608000.00 0.00 66608000.00 -37364000.00 53164000.00 15800000.00 0.00 50808000.00 0.00 0.00 0.00 0.00 50808000.00 -720000.00 50088000.00 0.00 0.00 114582000.00 1 0.44 0.44 0.00 0.00 0.44 0.44 0.00 0.00 0.00 Notes on Audited Standalone Financial Results for the quarter and year ended 31st March, 2024: 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 24th May, 2024. 2. As reported earlier, exceptional items for the year ended 31st March, 2023 represents receipt of claim amount from the Insurance Company, as a full settlement of the claim with respect to loss of property due to fire at the Company’s warehouse situated at Bharuch. 3. Pursuant to exercise of the options issued under “Borosil Limited Special Purpose Employee Stock Option Plan 2020” and “Borosil Limited Employee Stock Option Scheme, 2020”, during the year ended 31st March, 2024, the Company has made allotment of 1,67,608 Equity Shares of the face value of Re. 1/- each, which has resulted into increase of paid up Equity Share Capital by Rs. 1.68 lakhs and Securities Premium by Rs. 443.76 lakhs. During the year ended 31st March, 2024, 28,000 stock options were granted under “Borosil Limited Employee Stock Option Scheme, 2020” to an eligible employee of the Company. The Company has not made any allotment of Equity Shares on account of exercise of stock options during the quarter ended 31st March, 2024. 4. The Composite Scheme of Arrangement amongst the Company (‘Demerged Company’), Klass Pack Limited (renamed as Borosil Scientific Limited) (‘BSL’ or ‘Resulting Company or Transferee Company’) and Borosil Technologies Limited (‘BTL or Transferor Company’) and their respective shareholders and creditors (‘Scheme’) was sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench, (‘NCLT’), vide its order dated 2nd November 2023. Appointed Date of the Scheme was 1st April, 2022 and Effective Date was 2nd December, 2023. In accordance with the Scheme, inter alia, a) the Scientific and Industrial Products business of the Company has been demerged and transferred to BSL and consequently BSL has issued shares to the shareholders of the Company; b) BTL stands amalgamated into BSL; c) BSL, BTL and Goel Scientific Glass Works Limited have ceased to be subsidiaries of the Company. Consequently, the above results have been prepared after giving effect of the Scheme from the appointed date. 5. During the quarter, the Company has set up a new furnace with 25 tonnes per day (TPD) production capacity for borosilicate glass at Jaipur, Rajasthan. The commercial production from this new furnace commenced from 28th March 2024. 6. The Company is primarily engaged in the business of Consumer ware products, which is a single segment in terms of Ind AS 108 “Operating Segments”. 7. The figures for the corresponding previous period/year have been rearranged/regrouped wherever necessary and also the figures for the quarter and year ended 31st March, 2023 have been restated by the management pursuant to the Scheme, to make them comparable. The figures for the quarter ended 31st March, 2024 are the balancing figures between the audited figures of the full financial year and the published year to date figures upto the third quarter of the respective financial year. For Borosil Limited Place: Mumbai Shreevar Kheruka Date :24.05.2024 Managing Director & CEO (DIN 01802416) Single segment 2023-04-01 2024-03-31 Audited Standalone 9422518000.00 178080000.00 9600598000.00 609281000.00 4157833000.00 -967483000.00 866030000.00 87666000.00 539127000.00 3429753000.00 8722207000.00 878391000.00 0.00 878391000.00 172983000.00 46693000.00 219676000.00 0.00 658715000.00 0.00 0.00 0.00 0.00 658715000.00 -4542000.00 654173000.00 0.00 0.00 114582000.00 1 5685829000.00 5.75 5.75 0.00 0.00 5.75 5.75 0.00 0.00 0.00 Other Expenses 953567000.00 Other Expenses 3429753000.00 5452566000.00 254681000.00 6558000.00 0.00 16912000.00 471000.00 0.00 0.00 278774000.00 0.00 3412000.00 17340000.00 299526000.00 0.00 215385000.00 6246099000.00 2528140000.00 575630000.00 914045000.00 53809000.00 14831000.00 6035000.00 28420000.00 1592770000.00 0.00 429401000.00 4550311000.00 0.00 0.00 10796410000.00 114582000.00 5685829000.00 5800411000.00 5800411000.00 929423000.00 0.00 91239000.00 1020662000.00 0.00 128839000.00 0.00 0.00 1149501000.00 609430000.00 884424000.00 2173851000.00 3667705000.00 82551000.00 96242000.00 0.00 0.00 3846498000.00 0.00 0.00 4995999000.00 10796410000.00 87666000.00 -1084156000.00 -400738000.00 0.00 -220423000.00 0.00 0.00 0.00 0.00 474713000.00 0.00 433034000.00 0.00 539127000.00 0.00 0.00 0.00 0.00 0.00 -1819000.00 0.00 13337000.00 11404000.00 18183000.00 0.00 -72406000.00 0.00 -2062000.00 0.00 -230814000.00 647577000.00 0.00 0.00 0.00 167203000.00 0.00 480374000.00 0.00 0.00 811088000.00 146938000.00 0.00 0.00 0.00 0.00 12141000.00 1751587000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14495000.00 0.00 0.00 0.00 -1060801000.00 0.00 0.00 0.00 0.00 0.00 0.00 31472000.00 0.00 865842000.00 209852000.00 0.00 23119000.00 0.00 119158000.00 0.00 7733000.00 552918000.00 -27509000.00 0.00 -27509000.00 81318000.00 53809000.00 -962000.00 -6069000.00 -242000.00 -1527000.00 0.00 0.00