BPL Ltd
Incorporated in 1963, BPL Ltd is in the business of manufacturing Printed Circuit Boards[1]
- Market Cap ₹ 375 Cr.
- Current Price ₹ 76.5
- High / Low ₹ 144 / 62.9
- Stock P/E 6.84
- Book Value ₹ 51.5
- Dividend Yield 0.00 %
- ROCE 7.85 %
- ROE -8.15 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -0.15% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Consumer Electronics
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
45 | 24 | 40 | 94 | 124 | 140 | 95 | 44 | 38 | 52 | 66 | 78 | 78 | |
53 | 23 | 41 | 116 | 114 | 137 | 111 | 41 | 38 | 46 | 52 | 65 | 67 | |
Operating Profit | -8 | 1 | -1 | -22 | 10 | 3 | -16 | 2 | 0 | 7 | 15 | 13 | 11 |
OPM % | -18% | 3% | -2% | -24% | 8% | 2% | -17% | 5% | 0% | 13% | 22% | 16% | 14% |
14 | 9 | 16 | 80 | 15 | 3 | 2 | 1 | 11 | 10 | 5 | -8 | -17 | |
Interest | 0 | 0 | 1 | 4 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 2 |
Depreciation | 1 | 2 | 0 | 1 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 4 | 8 | 14 | 53 | 23 | 4 | -17 | -1 | 8 | 13 | 17 | 0 | -10 |
Tax % | 3,061% | -0% | 159% | 1% | 68% | 75% | -122% | 3,874% | -69% | 57% | 20% | 17% | |
-127 | 8 | -8 | 53 | 7 | 1 | 4 | -21 | 13 | 6 | 13 | 0 | -10 | |
EPS in Rs | -26.04 | 1.59 | -1.73 | 10.86 | 1.50 | 0.19 | 0.77 | -4.39 | 2.65 | 1.17 | 2.75 | 0.08 | -2.10 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | -4% |
3 Years: | 27% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 119% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 34% |
3 Years: | 3% |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -1% |
3 Years: | 0% |
Last Year: | -8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 |
Reserves | 21 | 29 | 21 | 109 | 116 | 117 | 121 | 100 | 117 | 187 | 201 | 201 |
170 | 170 | 176 | 24 | 6 | 9 | 12 | 13 | 10 | 2 | 9 | 8 | |
29 | 18 | 56 | 196 | 189 | 192 | 195 | 194 | 190 | 191 | 189 | 185 | |
Total Liabilities | 268 | 266 | 301 | 377 | 360 | 367 | 377 | 355 | 366 | 429 | 447 | 443 |
15 | 12 | 12 | 10 | 8 | 8 | 24 | 23 | 21 | 24 | 25 | 27 | |
CWIP | -0 | -0 | -0 | -0 | -0 | 4 | -0 | -0 | -0 | 0 | 3 | 0 |
Investments | 136 | 21 | 21 | 56 | 56 | 56 | 56 | 56 | 175 | 240 | 240 | 240 |
117 | 233 | 269 | 312 | 296 | 299 | 296 | 277 | 170 | 165 | 178 | 176 | |
Total Assets | 268 | 266 | 301 | 377 | 360 | 367 | 377 | 355 | 366 | 429 | 447 | 443 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | -121 | -20 | -60 | 4 | -7 | 8 | 1 | -0 | 6 | 8 | 9 | |
10 | 122 | 14 | 57 | 15 | -4 | -12 | 0 | 4 | 4 | -9 | -11 | |
-21 | -0 | 6 | 14 | -20 | 2 | 0 | -1 | -4 | -10 | 6 | -2 | |
Net Cash Flow | -4 | 1 | -1 | 11 | -1 | -9 | -3 | 0 | -1 | 0 | 5 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 28 | 1,766 | 1,054 | 45 | 28 | 51 | 38 | 131 | 125 | 97 | 118 | 111 |
Inventory Days | 20 | 53 | 57 | 101 | 54 | 44 | 33 | 72 | 80 | 52 | 58 | 51 |
Days Payable | 118 | 247 | 133 | 68 | 50 | 49 | 61 | 135 | 61 | 75 | 67 | 92 |
Cash Conversion Cycle | -70 | 1,573 | 978 | 78 | 32 | 45 | 10 | 67 | 143 | 74 | 108 | 70 |
Working Capital Days | -1 | 1,824 | 844 | -288 | -157 | -114 | -256 | -555 | -637 | -636 | -491 | -377 |
ROCE % | -0% | 1% | 1% | 1% | 6% | 3% | -9% | 1% | 6% | 7% | 7% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Oct - Newspaper Publication for EGM scheduled on 11.11.2025
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Notice Of Shareholders Meeting
16 Oct - EGM on 11 Nov 2025 to ratify RPTs: up to ₹100 crore (E R Computers) and ₹16 crore (Electronic Research).
- Evoting Results 1 Oct
- Scrutinizer Report 1 Oct
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - 61st AGM on 30 Sep 2025 via VC: adopted FY25 financials, Rs.0.001 preference dividend, reappointed Ajit G Nambiar.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Business Overview:[1]
BPL is in the business of consumer electronic durable products and manufacturing of Printed Circuit Boards (PCBs). The end-user industries for manufactured PCBs are the lighting and automotive industry. It manufactures high precision hermetically sealed panel meters for defense applications. It has also diversified into the manufacturing of medical products like electro-cardiographs as well as into infrastructure development in power and telecommunication.