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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of BPL Ltd

About the Company - BPL Ltd

BPL Ltd. is a Public Limited Listed company incorporated on 16/04/1963 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L28997KL1963PLC002015 and registration number is 002015. Currently company belongs to the Industry of Consumer Electronics. Company’s Total Operating Revenue is Rs. 38.21 Cr. and Equity Capital is Rs. 48.91 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Consumer ElectronicsBPL Works, Palakkad Kerala 678007investor@bpl.in
http://www.bpllimited.com
Management
NamePosition Held
Mr. Ajit G NambiarChairman & Managing Director
Mrs. Anju ChandrasekharDirector
Mr. Nowroz J CamaDirector
Dr. Chandan JunejaDirector
Mr. Sukumar RangachariDirector
Mr. C K SabareeshanDirector

Basic Stock Data of BPL Ltd

Last Updated: May 29, 2024, 12:46 pm

Market Cap 512 Cr.
Current Price 105
High / Low128/56.4
Stock P/E32.3
Book Value 50.7
Dividend Yield0.00 %
ROCE7.08 %
ROE2.85 %
Face Value 10.0
PEG Ratio1.02

Competitors of BPL Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Voltas Ltd 45,794 Cr. 1,3841,502/745185 1760.31 %8.50 %4.40 % 1.00
Havells India Ltd 1,18,807 Cr. 1,8961,925/1,23393.5 1190.48 %24.0 %18.1 % 1.00
Symphony Ltd 7,279 Cr. 1,0551,080/82048.7 1090.47 %19.0 %18.3 % 2.00
Pulz Electronics Ltd 136 Cr. 125205/56.017.5 23.00.00 %52.4 %38.3 % 10.0
Dixon Technologies (India) Ltd 45,968 Cr. 7,6847,986/2,766131 2420.04 %24.2 %22.5 % 2.00
Industry Average43,596.80 Cr2,428.8095.14133.800.26%25.62%20.32%3.20

BPL Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales10.3514.915.969.7213.289.2612.1411.8612.8815.3414.4521.4914.42
Expenses10.3412.596.419.3812.0310.3410.309.6011.4913.8311.3411.5112.23
Operating Profit0.012.32-0.450.341.25-1.081.842.261.391.513.119.982.19
OPM %0.10%15.56%-7.55%3.50%9.41%-11.66%15.16%19.06%10.79%9.84%21.52%46.44%15.19%
Other Income0.330.140.133.190.147.520.210.370.208.510.130.200.15
Interest0.710.550.490.440.410.380.390.320.390.330.180.140.15
Depreciation0.420.410.420.420.420.420.410.550.500.230.470.480.51
Profit before tax-0.791.50-1.232.670.565.641.251.760.709.462.599.561.68
Tax %0.00%1,394.67%0.00%0.00%0.00%-93.97%0.00%0.00%0.00%78.75%0.00%0.00%0.00%
Net Profit-0.78-19.43-1.232.670.5610.951.251.760.702.012.599.561.68
EPS in Rs-0.16-3.97-0.250.550.112.240.260.360.140.410.531.950.34

Last Updated: May 5, 2024, 11:47 pm

BPL Ltd Quarterly Chart

BPL Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7694452440941241409544385264
Expenses869953234111611413711141384648
Operating Profit-10-5-81-1-22103-1620716
OPM %-14%-5%-18%3%-2%-24%8%2%-17%5%0%13%25%
Other Income743914916801532111109
Interest4300142222211
Depreciation8212010012222
Profit before tax5230481453234-17-181322
Tax %-17%135%3,061%0%159%1%68%75%122%-3,874%-69%57%
Net Profit61-10-1278-853714-2113615
EPS in Rs12.47-2.10-26.041.59-1.7310.861.500.190.77-4.392.651.173.03
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

BPL Ltd Profit & Loss Yearly Chart

BPL Ltd Growth

Compounded Sales Growth
10 Years:4%
5 Years:-14%
3 Years:15%
TTM:27%
Compounded Profit Growth
10 Years:32%
5 Years:79%
3 Years:38%
TTM:135%
Stock Price CAGR
10 Years:18%
5 Years:31%
3 Years:45%
1 Year:77%
Return on Equity
10 Years:1%
5 Years:1%
3 Years:5%
Last Year:6%

Last Updated: May 24, 2024, 9:58 pm

BPL Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital49494949494949494949494949
Reserves159149212921109116117121100117187199
Preference Capital1701701701701700000000
Borrowings250007246912131028
Other Liabilities215207198188225196189192195194190191188
Total Liabilities448404268266301377360367377355366429444
Fixed Assets262015121210882423212424
CWIP0000000400002
Investments11511513621215656565656175240240
Other Assets306268117233269312296299296277170165178
Total Assets448404268266301377360367377355366429444

BPL Ltd Reserves and Borrowings Chart

BPL Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -30-137-121-20-604-781-06
Cash from Investing Activity 1124210122145715-4-12044
Cash from Financing Activity -80-28-21-0614-2020-1-4-10
Net Cash Flow21-41-111-1-9-30-10

BPL Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days6371281,7661,0544528513813112597
Inventory Days7047205357101544433728052
Days Payable11044118247133685049611356175
Cash Conversion Cycle2275-701,573978783245106714374
Working Capital Days2156-11,824844-211-138-90-219-470-538-625
ROCE %-4%-1%-0%1%1%1%6%3%-9%1%6%7%

BPL Ltd Financial Efficiency Indicators Chart

BPL Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters63.24%63.08%63.24%63.24%63.24%63.24%63.24%63.21%63.17%63.13%63.13%63.13%
FIIs0.00%0.00%0.00%0.01%0.07%0.01%0.00%0.12%0.00%0.06%0.01%0.00%
DIIs0.51%0.51%0.51%0.51%0.50%0.50%0.51%0.00%0.00%0.00%0.00%0.00%
Public36.25%36.41%36.25%36.24%36.19%36.24%36.25%36.65%36.83%36.81%36.85%36.86%
No. of Shareholders29,54330,03531,91436,38942,39843,12441,72440,68841,46641,42240,80440,252

BPL Ltd Shareholding Pattern Chart

No. of BPL Ltd Shareholders

This stock is not held by any mutual fund

BPL Ltd ROCE Trend

BPL Ltd EPS Trend

BPL Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 16Mar 14Mar 13
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)14.253.37-2.85-29.01-1.80
Diluted EPS (Rs.)14.253.37-2.85-29.01-1.80
Cash EPS (Rs.)1.382.99-1.63-29.76-1.37
Book Value[Excl.RevalReserv]/Share (Rs.)75.7061.5311.7452.9540.51
Book Value[Incl.RevalReserv]/Share (Rs.)75.7061.5311.7452.9540.51
Revenue From Operations / Share (Rs.)10.667.818.2622.0219.60
PBDIT / Share (Rs.)3.212.263.22-1.109.13
PBIT / Share (Rs.)2.871.923.12-1.838.78
PBT / Share (Rs.)2.551.562.91-3.576.45
Net Profit / Share (Rs.)1.032.65-1.73-30.49-1.72
NP After MI And SOA / Share (Rs.)1.032.65-2.85-29.01-1.77
PBDIT Margin (%)30.1428.9138.95-4.9946.58
PBIT Margin (%)26.9024.5337.74-8.3044.79
PBT Margin (%)23.9520.0135.26-16.2032.91
Net Profit Margin (%)9.6833.89-20.93-138.43-8.75
NP After MI And SOA Margin (%)9.6833.89-34.50-131.70-9.05
Return on Networth / Equity (%)2.147.79-24.26-174.33-4.80
Return on Capital Employeed (%)3.562.896.47-1.8010.12
Return On Assets (%)0.842.41-4.81-25.88-1.90
Long Term Debt / Equity (X)0.090.010.110.000.12
Total Debt / Equity (X)0.090.060.110.000.12
Asset Turnover Ratio (%)0.100.000.000.120.21
Current Ratio (X)0.210.342.771.861.19
Quick Ratio (X)0.190.322.681.460.94
Inventory Turnover Ratio (X)5.990.000.004.203.98
Interest Coverage Ratio (X)10.226.4015.75-0.633.92
Interest Coverage Ratio (Post Tax) (X)4.298.50-7.46-16.540.22
Enterprise Value (Cr.)417.65473.00299.54380.56271.63
EV / Net Operating Revenue (X)8.0012.387.423.532.84
EV / EBITDA (X)26.5342.8119.05-70.736.09
MarketCap / Net Operating Revenue (X)5.018.053.130.630.71
Price / BV (X)1.111.852.200.830.37
Price / Net Operating Revenue (X)5.018.053.130.630.71
EarningsYield0.010.04-0.11-2.09-0.12

BPL Ltd Profitability Ratios (%)

BPL Ltd Liquidity Ratios

BPL Ltd Liquidity Ratios (%)

BPL Ltd Interest Coverage Ratios (%)

BPL Ltd Valuation Ratios

Fair Value

Fair Value: ₹47.61

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 54.66% compared to the current price ₹105

Intrinsic Value: ₹62.61

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 40.37% compared to the current price ₹105

Last 5 Year EPS CAGR: 31.52%

*Investments are subject to market risks

Strength and Weakness of BPL Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -114.17, which is a positive sign.
  2. The company has higher reserves (111.15 cr) compared to borrowings (65.38 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (71.54 cr) and profit (16.38 cr) over the years.
  1. The stock has a low average ROCE of 1.00%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 121.25, which may not be favorable.

FAQ

What is the latest fair value of BPL Ltd?

The latest fair value of BPL Ltd is ₹47.61.

What is the Market Cap of BPL Ltd?

The Market Cap of BPL Ltd is 512 Cr..

What is the current Stock Price of BPL Ltd as on 30 May 2024?

The current stock price of BPL Ltd as on 30 May 2024 is ₹105.

What is the High / Low of BPL Ltd stocks in FY 2024?

In FY 2024, the High / Low of BPL Ltd stocks is 128/56.4.

What is the Stock P/E of BPL Ltd?

The Stock P/E of BPL Ltd is 32.3.

What is the Book Value of BPL Ltd?

The Book Value of BPL Ltd is 50.7.

What is the Dividend Yield of BPL Ltd?

The Dividend Yield of BPL Ltd is 0.00 %.

What is the ROCE of BPL Ltd?

The ROCE of BPL Ltd is 7.08 %.

What is the ROE of BPL Ltd?

The ROE of BPL Ltd is 2.85 %.

What is the Face Value of BPL Ltd?

The Face Value of BPL Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in BPL Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE