BPL Ltd Stock Analysis

BSE: 500074 | NSE: BPL | Electronics - Components | Small Cap

BSE Share Price 06-Dec-2022 15:59
71.35 0.00 (0.00%)

DeciZen - Make an Informed Decision on BPL

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

BPL Price Chart

P/E Ratio (SA) :
24.05
Market Cap :
349.2 Cr.
52-wk low :
50.4
52-wk high :
92.2
Bole Toh?

1. Is BPL Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that BPL Ltd is a below average quality company.

2. Is BPL Ltd undervalued or overvalued?

The key valuation ratios of BPL Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is BPL Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of BPL Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of BPL:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
BPL Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % -8.9%-43.1%0.9%-7.1%8%-0.2%1%2.6%-11.6%8.4%-
Value Creation Index -1.6-4.1-0.9-1.5-0.4-1.0-0.9-0.8-1.8-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 95.845.823.940.493.912414094.643.838.247
YoY Gr. Rt. %--52.2%-47.9%68.9%132.7%32.3%12.9%-32.6%-53.7%-12.7%-
Adj EPS -7.5-26.80.4-3.73-0.40.10.6-4.42.73
YoY Gr. Rt. %-NANA-936.4%NA-112.5%NA625%-856.9%NA-
BVPS (₹) 40.414.41614.232.233.733.934.730.433.834.4
Adj Net Profit -36.6-1312.2-1814.5-1.80.42.8-21.51315
Cash Flow from Ops. -12.67-121-20.1-60.13.7-6.58.41.3-0.7-
Debt/CF from Ops. 000-0.3-0.41.7-1.41.49.9-15.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.7%-16.5%-35.2%-12.7%
Adj EPS NA-2.3%221.2%NA
BVPS -21-0.111
Share Price 13.3% -1% 59.6% 4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -9.8-43.20.9-7.47.3-1.10.21.7-13.58.38.7
Op. Profit Mgn % -4.7-18.12.6-2.1-23.58.22.2-17.35.20.29.2
Net Profit Mgn % -38.2-285.79-44.615.5-1.50.33-49.133.931.2
Debt to Equity 00000.200.10.10.10.10
Working Cap Days 2224011,4311,5848797346749792,0551,8201,021
Cash Conv. Cycle 4546683898231373341401160

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.70%

Net Profit is growing at healthy rate in last 3 years 221.16%

Sales growth is good in last 4 quarters at 29.03%

Sales growth has been subdued in last 3 years 0.00%

Latest Financials - BPL Ltd.

Standalone Consolidated
TTM EPS (₹) 3 2.7
TTM Sales (₹ Cr.) 46.5 38.2
BVPS (₹.) 34.4 34.6
Reserves (₹ Cr.) 120 120
P/BV 2.07 2.07
PE 24.05 26.96
From the Market
52 Week Low / High (₹) 50.35 / 92.15
All Time Low / High (₹) 7.99 / 636.00
Market Cap (₹ Cr.) 349
Equity (₹ Cr.) 48.9
Face Value (₹) 10
Industry PE 58.9

Management X-Ray of BPL :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of BPL

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

BPL Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of BPL on 06-Dec-2022 15:59 is : 71.35.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 15:59 the market cap of BPL stood at ₹ 349.2.
The latest PE ratio of BPL as of 06-Dec-2022 15:59 is 24.05.
The latest PB ratio of BPL as of 06-Dec-2022 15:59 is 2.07
The 52-week high of BPL is ₹ 92.15 and the 52-week low is ₹ 50.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of BPL is ₹ 46.54 ( Cr.) .

About BPL Ltd

Incorporated in 1963 as a private limited concern under the name British Physical Laboratories India, the company is popularly known as BPL. The company was established as a single product company manufacturing high precision hermetically sealed panel meters for defence applications.

Within a span of five years, BPL has exemplified the quest for excellence in the world of medical products becoming the country’s foremost in manufacturing electro-cardiographs. With the increasing nationwide infrastructure development in power and telecommunication, BPL ventured into this field with its Power Line Communications Carrier (PLCC) and continues to be a leader in this field. With the advent of televisions in India, BPL used its manufacturing strengths and strong technical tie up with Sanyo of Japan to launch the BPL brand televisions in the Indian market. With relentless commitment to quality, consistent dedication to customer satisfaction and unparalleled standards of service, BPL is recognized as a benchmark for new age technology, superior quality, digital concepts and personalized service that has ensured loyal customers and nationwide acclaim in the industry.

The company operates subsidiaries namely BPL Display Devices, Bharat Energy Ventures, and BPL Securities.

BPL established its image as a reliable and strong brand in the consumer durables market, a reputation that it still enjoys. In India, BPL has its footprint across the country through a distribution network comprising of over 7000 channel partners.

Products

  • Mobile Products
  • Landline Phones
  • Home Theatre
  • Television
  • Household products that includes products for home lighting, home UPS, gas tables and cooking hubs.
  • Medical systems, which includes healthcare products caters various segments such as cardiology, patient monitoring systems, imaging, gynaecology, oxyenators, nebulisers and welch allyn range.
  • Enterprise communication products include communication solutions, digital switches, mini EPABX systems, DKX series of telephone systems and convex voice processing system.
  • Energy communications equipments
  • Other products include engineering design and tool room, moulding shop, PCB and GSM modules.

Milestones

  • 1963: British Physical Laboratories India -- a private limited established for the manufacture of hermetically sealed panel meters in collaboration with BPL (Instruments), UK.
  • 1967: Commencement of manufacture of electrocardiographs in technical collaboration with Fukuda Electric Co, Japan.
  • 1971: Commencement the manufacture of Power Line Carrier Communication Equipment.
  • 1972: The company formed technical collaboration with Nihon Kohden Kogyo Company, Japan for patient monitoring systems.
  • 1975: The company established an independent marketing and sales department.
  • 1979: BPL collaborated with Gestetner of the UK to manufacture of plain paper copiers.
  • 1982: BPL forayed into consumer electronics.
  • 1984: It started manufacturing of EPABX and telephone instruments.
  • 1985: BPL received industrial license for manufacture of VCRs in collaboration with Sanyo.
  • 1989: The company diversified into home appliance business in collaboration with Sanyo.
  • 1994: It started manufacturing of kitchen appliances.
  • 1995: The company commenced of mobile telephony services in Mumbai, Maharashtra, Tamilnadu and Kerala.
  • 1996: BPL took over Uptron's CPT unit from BIFR.
  • 1997: It diversified into the manufacture and distribution of batteries (dry cells and alkaline).
  • 2000: The company formed strategic alliance with Slovenian Manufacturing Company for off-shore manufacturing in Europe.
  • 2001: BPL set up state-of-the-art design and development centre for systems and embedded software solutions at BPL Telecom.
  • 2005: The company entered into a JV with Sanyo for CTV manufacture and distribution.

Future Plans

BPL’s R&D facility is continuously working on developing new products in order to cater domestic and international consumers.

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