Borosil Scientific Limited has announced a significant addition to its senior management team. The company has appointed Mr. Paresh Thaker as Associate Vice President & Plant Head for its Nashik facility, effective August 14, 2025. This strategic move aims to strengthen the company's operational leadership and drive growth in its pharmaceutical packaging division.

Extensive Industry Experience

Mr. Thaker brings over three decades of valuable experience to Borosil Scientific. His expertise spans across critical areas including:

• Primary pharmaceutical packaging
• Plant operations
• Project management
• Process optimization

Throughout his career, Thaker has held senior leadership positions at renowned organizations such as Nipro Pharma Packaging and Videocon Industries. His track record includes successfully spearheading large-scale expansion projects, implementing technology upgrades, and driving operational efficiency initiatives.

Educational Background

Thaker's educational qualifications complement his extensive industry experience:

• Bachelor's degree in Mechanical Engineering from Gujarat University
• MBA in Operations from ISBM, Ahmedabad

Areas of Expertise

The new Associate VP is recognized for his proficiency in several key areas:

• Lean manufacturing principles
• Safety and compliance protocols
• Technical workforce development
• Delivering customer-focused, high-quality pharmaceutical packaging solutions

Impact on Borosil Scientific

This appointment aligns with Borosil Scientific's commitment to enhancing its operational capabilities and maintaining a competitive edge in the pharmaceutical packaging sector. Mr. Thaker's wealth of experience and industry knowledge is expected to contribute significantly to the company's growth strategy and operational excellence at the Nashik plant.

The company made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, underscoring the importance of this senior management change.

As Borosil Scientific continues to strengthen its position in the market, the addition of Mr. Paresh Thaker to its leadership team marks a strategic step towards achieving its long-term goals and enhancing shareholder value.

Borosil Ltd. , a leading manufacturer of glassware and consumer products, has reported impressive financial results for the first quarter, showcasing strong growth across key metrics despite challenging market conditions.

Profit Soars by 87%

The company's consolidated net profit witnessed a remarkable surge of 87%, reaching Rs 17.41 crore compared to Rs 9.29 crore in the corresponding period last year. This substantial increase in profitability underscores Borosil's effective cost management and operational efficiency.

Revenue Growth and Margin Expansion

Borosil's revenue grew by 5.2%, climbing to Rs 232.68 crore from Rs 221.24 crore in the same quarter of the previous year. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) also saw a healthy increase of 12%, rising to Rs 37.32 crore from Rs 33.40 crore.

Notably, the EBITDA margin expanded to 16.00% from 15.10%, indicating improved operational efficiency and cost control measures implemented by the company.

Financial Performance Overview

Stock Performance and Analyst Outlook

Despite the strong quarterly results, Borosil's shares closed 0.79% lower at Rs 332.05 on the National Stock Exchange (NSE). The stock has faced headwinds over the past year, declining by 17.03% in the last 12 months and 17.93% year-to-date.

However, the company continues to receive positive attention from analysts. All three analysts covering Borosil maintain 'buy' ratings on the stock. The average price targets suggest a potential upside of 22%, indicating confidence in the company's future performance and growth prospects.

Borosil's robust quarterly performance, characterized by significant profit growth and margin expansion, demonstrates the company's resilience and ability to navigate challenging market conditions. As the company continues to focus on operational efficiency and growth strategies, investors and analysts will be keenly watching its future quarters for sustained performance.