BOROLTD2023-01-012023-03-31 BOROLTD2023-01-012023-03-31 BOROLTD2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member BOROLTD2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member BOROLTD2023-03-31 BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue01Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue02Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue03Member BOROLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue01Member BOROLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue02Member BOROLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue03Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults01Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults02Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults03Member BOROLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults01Member BOROLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults02Member BOROLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults03Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets01Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets02Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets03Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member BOROLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member BOROLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member BOROLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member BOROLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543212 BOROLTD NOTLISTED Borosil Limited Equity 2022-04-01 2023-03-31 2023-05-22 2023-05-15 INR Lakhs Yearly 15:20:00 17:10:00 2023-05-22 2023-05-22 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2023-01-01 2023-03-31 Audited Standalone 2410198000.00 53411000.00 2463609000.00 269136000.00 557416000.00 -35514000.00 298722000.00 12366000.00 124564000.00 953734000.00 2180424000.00 283185000.00 0.00 283185000.00 57244000.00 1632000.00 58876000.00 0.00 224309000.00 0.00 0.00 0.00 0.00 224309000.00 232000.00 224541000.00 0.00 0.00 114414000.00 1 1.96 1.96 0.00 0.00 1.96 1.96 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 22nd May, 2023. 2. As reported earlier, exceptional items (i) for the quarter ended 31st December, 2022 and 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. (ii) for the quarter ended 31st March, 2022 represents provision for impairment in respect of Capital work in progress & Investment Properties (iii) for the year ended 31st March, 2022 represents provision for impairment in respect of Capital work in progress & Investment Properties and loss of properties due to fire / flood at the Company’s warehouses. 3. Pursuant to exercise of the options under “Borosil Limited Special Purpose Employee Stock Option Plan 2020” and “Borosil Limited – Employee Stock Option Scheme 2020”, during the quarter and year ended 31st March, 2023, the Company has made allotment of 35,190 and 2,51,820 Equity Shares of the face value of Re. 1 each, which has resulted into increase of paid up Equity Share Capital by Rs. 0.35 Lakhs and Rs. 2.51 Lakhs respectively and Securities Premium by Rs. 86.82 Lakhs and Rs. 581.86 Lakhs respectively. 4. The Board of Directors at their meeting held on 7th February, 2022, had approved a Composite Scheme of Arrangement amongst the Company and Klass Pack Ltd ( KPL ), a subsidiary of the Company, and Borosil Technologies Ltd ( BTL ), a wholly owned subsidiary of the Company ('Scheme') inter alia for: (a) reduction and reorganization of share capital of KPL; (b) demerger of Scientific and Industrial Product Business from the Company into KPL and consequent issue of shares by KPL; and (c) amalgamation of BTL with KPL. The Appointed Date for the Scheme is 1st April, 2022. Post receipt of Observation letters from stock exchanges and approvals from equity shareholders and unsecured creditors at their respective meetings convened as per the directions of Hon’ble NCLT Mumbai bench (“NCLT”), the Company filed a petition with NCLT for seeking its approval on the Scheme. The said petition has been admitted for final hearing. Pending necessary approvals on the Scheme, no effects have been given in the above results. 5. Klass Pack Limited (“KPL”), a 82.49% subsidiary of the Company, has on 27th April, 2023, acquired 90.17% stake (representing 32,91,330 equity shares) of Goel Scientific Glass Works Limited (“Goel Scientific”) from the then majority shareholders of Goel Scientific (“Sellers”). An amount of Rs. 2,300.00 Lakhs have been paid as an upfront consideration and such upfront consideration will be adjusted / supplemented with additional amounts in accordance with the terms of the Share Purchase Agreement dated 31st March, 2023 executed amongst KPL, Goel Scientific and the Sellers. With this acquisition, effective 27th April 2023, Goel Scientific has become a subsidiary of KPL and in turn a step-down subsidiary of the Company. 6. During the quarter, the Company has set up a second furnace at Jaipur, Rajasthan for enhancing the production capacity of opal ware glass by 42 tonnes per day (TPD). The commercial production from this new furnace has commenced from 1st January, 2023. With this, the combined capacity of Jaipur plant is now 84 tonnes per day (TPD). 7. The figures for the corresponding previous period/year have been rearranged/regrouped wherever necessary, to make them comparable. The figures for the quarter ended 31st March, 2023 and 31st March 2022 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. Multi segment 2022-04-01 2023-03-31 Audited Standalone 9573481000.00 238669000.00 9812150000.00 1209319000.00 3122304000.00 -328643000.00 1051982000.00 19923000.00 309054000.00 3300657000.00 8684596000.00 1127554000.00 93333000.00 1220887000.00 276217000.00 3436000.00 279653000.00 0.00 941234000.00 0.00 0.00 0.00 0.00 941234000.00 -1218000.00 940016000.00 0.00 0.00 114414000.00 1 8566517000.00 8.24 8.24 0.00 0.00 8.24 8.24 Other Expenses 953734000.00 Other Expenses 3300657000.00 3689317000.00 408633000.00 10532000.00 593184000.00 2787000.00 19627000.00 0.00 0.00 1282779000.00 0.00 440998000.00 69815000.00 1793592000.00 0.00 345181000.00 6862853000.00 2138861000.00 1096625000.00 816887000.00 82922000.00 17488000.00 3310000.00 28002000.00 2045234000.00 0.00 290158000.00 4474253000.00 364976000.00 0.00 11702082000.00 114414000.00 8566517000.00 8680931000.00 8680931000.00 531833000.00 0.00 53207000.00 585040000.00 0.00 211891000.00 0.00 0.00 796931000.00 351030000.00 523722000.00 921373000.00 1796125000.00 138682000.00 104383000.00 185030000.00 0.00 2224220000.00 0.00 0.00 3021151000.00 11702082000.00 Consumerware 1765601000.00 Investments 0.00 Scientificware 644597000.00 Consumerware 7418200000.00 Investments 0.00 Scientificware 2155281000.00 2410198000.00 9573481000.00 0.00 0.00 2410198000.00 9573481000.00 Consumerware 143907000.00 Investments 16529000.00 Scientificware 153958000.00 Consumerware 597058000.00 Investments 22734000.00 Scientificware 444688000.00 314394000.00 1064480000.00 12366000.00 19923000.00 18843000.00 Note : As per Indian Accounting Standard 108 on ‘Operating Segment’ (Ind-AS 108), the Company has reported Segment information , as described below: Scientificware:- Comprising of manufacturing and trading items used in Laboratories and Scientific ware. Consumerware:- Comprising of manufacturing and trading items for Domestic use. Investments:- Comprising of Investment activities. As the investments are not held as stock in trade, the income from investment activities has not been considered as segment revenue and accordingly not disclosed. Unallocated:- Consists of income, expenses, assets and liabilities which can not be directly identified to any of the above segments. -176330000.00 283185000.00 1220887000.00 Consumerware 6193331000.00 Investments 2822532000.00 Scientificware 1235495000.00 10251358000.00 1450724000.00 11702082000.00 Consumerware 1367604000.00 Investments 7952000.00 Scientificware 351946000.00 1727502000.00 1293649000.00 3021151000.00 19923000.00 -417750000.00 -303494000.00 0.00 0.00 0.00 0.00 0.00 0.00 275186000.00 0.00 0.00 0.00 309054000.00 0.00 0.00 0.00 0.00 0.00 5982000.00 0.00 15650000.00 24406000.00 -3396000.00 0.00 -20088000.00 0.00 -270104000.00 0.00 -395931000.00 824956000.00 0.00 0.00 0.00 139811000.00 0.00 685145000.00 0.00 0.00 1930167000.00 1491610000.00 0.00 0.00 0.00 0.00 427744000.00 2435178000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 288935000.00 0.00 0.00 0.00 0.00 23843000.00 0.00 93333000.00 0.00 -1740636000.00 0.00 0.00 0.00 0.00 0.00 0.00 38946000.00 0.00 882863000.00 0.00 0.00 7461000.00 0.00 27316000.00 0.00 27804000.00 914836000.00 -140655000.00 -6000.00 -140661000.00 223583000.00 82922000.00 310000.00 -1628000.00 78000.00 -410000.00