BPL Ltd
Incorporated in 1963, BPL Ltd is in the business of manufacturing Printed Circuit Boards[1]
- Market Cap ₹ 247 Cr.
- Current Price ₹ 50.4
- High / Low ₹ 91.3 / 37.6
- Stock P/E
- Book Value ₹ 48.6
- Dividend Yield 0.00 %
- ROCE -1.78 %
- ROE -3.37 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.04 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -2.04% over last 3 years.
- Promoters have pledged 79.6% of their holding.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24 | 40 | 94 | 124 | 140 | 95 | 44 | 38 | 52 | 66 | 78 | 78 | 80 | |
| 23 | 41 | 116 | 114 | 137 | 111 | 41 | 38 | 46 | 52 | 65 | 83 | 91 | |
| Operating Profit | 1 | -1 | -22 | 10 | 3 | -16 | 2 | 0 | 7 | 15 | 13 | -4 | -11 |
| OPM % | 2.6% | -2.1% | -24% | 8% | 2.2% | -17% | 5% | 0.2% | 13% | 22% | 16% | -6% | -13% |
| 9 | 16 | 80 | 15 | 3 | 2 | 1 | 11 | 10 | 5 | -8 | 2 | 1 | |
| Interest | 0 | 1 | 4 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 1 |
| Depreciation | 2 | 0 | 1 | 0 | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 8 | 14 | 53 | 23 | 4 | -17 | -1 | 8 | 13 | 17 | 0 | -7 | -13 |
| Tax % | -0% | 159% | 1% | 68% | 75% | -122% | 3,874% | -69% | 57% | 20% | 17% | 25% | |
| 8 | -8 | 53 | 7 | 1 | 4 | -21 | 13 | 6 | 13 | 0 | -8 | -15 | |
| EPS in Rs | 1.59 | -1.73 | 10.86 | 1.50 | 0.19 | 0.77 | -4.39 | 2.65 | 1.17 | 2.75 | 0.08 | -1.69 | -2.97 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 12% |
| 3 Years: | 14% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | % |
| TTM: | -127% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 3% |
| 3 Years: | -10% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 0% |
| 3 Years: | -2% |
| Last Year: | -3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 |
| Reserves | 29 | 21 | 109 | 116 | 117 | 121 | 100 | 117 | 187 | 201 | 201 | 192 |
| 170 | 176 | 24 | 6 | 9 | 12 | 13 | 10 | 2 | 9 | 8 | 106 | |
| 18 | 56 | 196 | 189 | 192 | 195 | 194 | 190 | 191 | 189 | 185 | 197 | |
| Total Liabilities | 266 | 301 | 377 | 360 | 367 | 377 | 355 | 366 | 429 | 447 | 443 | 544 |
| 12 | 12 | 10 | 8 | 8 | 24 | 23 | 21 | 24 | 25 | 27 | 25 | |
| CWIP | -0 | -0 | -0 | -0 | 4 | -0 | -0 | -0 | 0 | 3 | 0 | -0 |
| Investments | 21 | 21 | 56 | 56 | 56 | 56 | 56 | 175 | 240 | 240 | 240 | 240 |
| 233 | 269 | 312 | 296 | 299 | 296 | 277 | 170 | 165 | 178 | 176 | 279 | |
| Total Assets | 266 | 301 | 377 | 360 | 367 | 377 | 355 | 366 | 429 | 447 | 443 | 544 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -121 | -20 | -60 | 4 | -7 | 8 | 1 | -0 | 6 | 8 | 9 | ||
| 122 | 14 | 57 | 15 | -4 | -12 | 0 | 4 | 4 | -9 | -11 | ||
| -0 | 6 | 14 | -20 | 2 | 0 | -1 | -4 | -10 | 6 | -2 | ||
| Net Cash Flow | 1 | -1 | 11 | -1 | -9 | -3 | 0 | -1 | 0 | 5 | -5 | |
| Free Cash Flow | -115 | -7 | -4 | 18 | -11 | -3 | 1 | -1 | 2 | 1 | 57 | |
| CFO/OP | -19,495% | 2,306% | 272% | 37% | -215% | -52% | 56% | -512% | 96% | 52% | 71% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,766 | 1,054 | 45 | 28 | 51 | 38 | 131 | 125 | 97 | 118 | 111 | 117 |
| Inventory Days | 53 | 57 | 101 | 54 | 44 | 33 | 72 | 80 | 52 | 58 | 51 | 68 |
| Days Payable | 247 | 133 | 68 | 50 | 49 | 61 | 135 | 61 | 75 | 67 | 92 | 85 |
| Cash Conversion Cycle | 1,573 | 978 | 78 | 32 | 45 | 10 | 67 | 143 | 74 | 108 | 70 | 100 |
| Working Capital Days | 1,824 | 844 | -288 | -157 | -114 | -256 | -555 | -637 | -636 | -491 | -377 | -7 |
| ROCE % | 1% | 1% | 1% | 6% | 3% | -9% | 1% | 6% | 7% | 7% | 8% | -2% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | |
|---|---|---|---|---|---|---|
| PCB Installed Capacity Sqm |
|
|||||
| PCB Segment Revenue Share % |
||||||
| Number of Permanent Employees count |
||||||
| PCB Capacity Utilization % |
||||||
| PCB End-Use Industry - Lighting Share % |
||||||
| PCB Production Volume Sqm |
||||||
| PCB Sales Volume Sqm |
||||||
Extracted by Screener AI
Documents
Announcements
-
Revision of Board Meeting
- Board meeting on 31 August 2026 at 4:30 PM to approve AGM notice, reports, and book closure.
-
Board Meeting Intimation for Approval And Consideration Of Notice And Boards Report For FY 25-26
- Board meeting on 31 Aug 2026 to approve 62nd AGM notice, reports, and record dates.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
-
Board Meeting Outcome for Outcome Of Board Meeting
- Board approved Q1 FY27 results, AGM notice, and audit reports on 12 Aug 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Annual reports
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
-
Annual Report 2011
from nse
-
Annual Report 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.