BPL Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 24, 2025, 1:50 pm

Market Cap	412 Cr.
Current Price	84.1
High / Low	148/62.9
Stock P/E	22.7
Book Value	54.5
Dividend Yield	0.00 %
ROCE	7.15 %
ROE	5.59 %
Face Value	10.0
PEG Ratio	0.41

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for BPL Ltd

Competitors of BPL Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Misquita Engineering Ltd	32.1 Cr.	87.0	177/62.0	61.8	30.4	0.00 %	1.57 %	3.43 %	10.0
IKIO Lighting Ltd	1,687 Cr.	218	343/165	54.6	72.5	0.46 %	8.21 %	5.55 %	10.0
Elin Electronics Ltd	927 Cr.	186	282/108	59.3	104	0.00 %	5.08 %	2.75 %	5.00
CWD Ltd	332 Cr.	874	1,144/590	181	91.4	0.00 %	7.92 %	4.56 %	10.0
Calcom Vision Ltd	159 Cr.	114	165/71.6	54.2	54.7	0.00 %	6.38 %	1.81 %	10.0
Industry Average	17,886.53 Cr	1,422.74		56.99	117.64	0.23%	17.62%	13.94%	6.50

All Competitor Stocks of BPL Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	13.28	9.26	12.14	11.86	12.88	15.34	14.45	21.49	14.42	16.18	19.39	20.92	19.32
Expenses	12.03	10.34	10.30	9.60	11.49	13.83	11.34	11.51	12.23	15.67	14.56	16.06	18.37
Operating Profit	1.25	-1.08	1.84	2.26	1.39	1.51	3.11	9.98	2.19	0.51	4.83	4.86	0.95
OPM %	9.41%	-11.66%	15.16%	19.06%	10.79%	9.84%	21.52%	46.44%	15.19%	3.15%	24.91%	23.23%	4.92%
Other Income	0.14	7.52	0.21	0.37	0.20	8.51	0.13	0.20	0.15	3.99	9.39	0.06	0.13
Interest	0.41	0.38	0.39	0.32	0.39	0.33	0.18	0.14	0.15	0.19	0.26	0.29	0.16
Depreciation	0.42	0.42	0.41	0.55	0.50	0.23	0.47	0.48	0.51	0.52	0.53	0.54	0.61
Profit before tax	0.56	5.64	1.25	1.76	0.70	9.46	2.59	9.56	1.68	3.79	13.43	4.09	0.31
Tax %	0.00%	-93.97%	0.00%	0.00%	0.00%	78.75%	0.00%	0.00%	0.00%	91.29%	0.00%	0.00%	0.00%
Net Profit	0.56	10.95	1.25	1.76	0.70	2.01	2.59	9.56	1.68	0.32	13.43	4.09	0.31
EPS in Rs	0.11	2.24	0.26	0.36	0.14	0.41	0.53	1.95	0.34	0.07	2.74	0.84	0.06

Last Updated: March 3, 2025, 5:09 pm

Below is a detailed analysis of the quarterly data for BPL Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 19.32 Cr.. The value appears to be declining and may need further review. It has decreased from 20.92 Cr. (Sep 2024) to 19.32 Cr., marking a decrease of 1.60 Cr..
For Expenses, as of Dec 2024, the value is 18.37 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 16.06 Cr. (Sep 2024) to 18.37 Cr., marking an increase of 2.31 Cr..
For Operating Profit, as of Dec 2024, the value is 0.95 Cr.. The value appears to be declining and may need further review. It has decreased from 4.86 Cr. (Sep 2024) to 0.95 Cr., marking a decrease of 3.91 Cr..
For OPM %, as of Dec 2024, the value is 4.92%. The value appears to be declining and may need further review. It has decreased from 23.23% (Sep 2024) to 4.92%, marking a decrease of 18.31%.
For Other Income, as of Dec 2024, the value is 0.13 Cr.. The value appears strong and on an upward trend. It has increased from 0.06 Cr. (Sep 2024) to 0.13 Cr., marking an increase of 0.07 Cr..
For Interest, as of Dec 2024, the value is 0.16 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.29 Cr. (Sep 2024) to 0.16 Cr., marking a decrease of 0.13 Cr..
For Depreciation, as of Dec 2024, the value is 0.61 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.54 Cr. (Sep 2024) to 0.61 Cr., marking an increase of 0.07 Cr..
For Profit before tax, as of Dec 2024, the value is 0.31 Cr.. The value appears to be declining and may need further review. It has decreased from 4.09 Cr. (Sep 2024) to 0.31 Cr., marking a decrease of 3.78 Cr..
For Tax %, as of Dec 2024, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00%.
For Net Profit, as of Dec 2024, the value is 0.31 Cr.. The value appears to be declining and may need further review. It has decreased from 4.09 Cr. (Sep 2024) to 0.31 Cr., marking a decrease of 3.78 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.06. The value appears to be declining and may need further review. It has decreased from 0.84 (Sep 2024) to 0.06, marking a decrease of 0.78.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 7:03 am

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	94	45	24	40	94	124	140	95	44	38	52	66	76
Expenses	99	53	23	41	116	114	137	111	41	38	46	52	65
Operating Profit	-5	-8	1	-1	-22	10	3	-16	2	0	7	15	11
OPM %	-5%	-18%	3%	-2%	-24%	8%	2%	-17%	5%	0%	13%	22%	15%
Other Income	39	14	9	16	80	15	3	2	1	11	10	5	14
Interest	3	0	0	1	4	2	2	2	2	2	1	1	1
Depreciation	2	1	2	0	1	0	0	1	2	2	2	2	2
Profit before tax	30	4	8	14	53	23	4	-17	-1	8	13	17	22
Tax %	135%	3,061%	-0%	159%	1%	68%	75%	-122%	3,874%	-69%	57%	20%
Net Profit	-10	-127	8	-8	53	7	1	4	-21	13	6	13	18
EPS in Rs	-2.10	-26.04	1.59	-1.73	10.86	1.50	0.19	0.77	-4.39	2.65	1.17	2.75	3.71
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-1170.00%	106.30%	-200.00%	762.50%	-86.79%	-85.71%	300.00%	-625.00%	161.90%	-53.85%	116.67%
Change in YoY Net Profit Growth (%)	0.00%	1276.30%	-306.30%	962.50%	-849.29%	1.08%	385.71%	-925.00%	786.90%	-215.75%	170.51%

BPL Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	-14%
3 Years:	15%
TTM:	15%

Compounded Profit Growth
10 Years:	32%
5 Years:	79%
3 Years:	38%
TTM:	15%

Stock Price CAGR
10 Years:	12%
5 Years:	42%
3 Years:	11%
1 Year:	-19%

Return on Equity
10 Years:	1%
5 Years:	1%
3 Years:	5%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:34 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	49	49	49	49	49	49	49	49	49	49	49	49	49
Reserves	149	21	29	21	109	116	117	121	100	117	187	201	218
Borrowings	170	170	170	176	24	6	9	12	13	10	2	9	8
Other Liabilities	37	29	18	56	196	189	192	195	194	190	191	189	190
Total Liabilities	404	268	266	301	377	360	367	377	355	366	429	447	465
Fixed Assets	20	15	12	12	10	8	8	24	23	21	24	25	31
CWIP	0	0	0	0	0	0	4	0	0	0	0	3	0
Investments	115	136	21	21	56	56	56	56	56	175	240	240	240
Other Assets	268	117	233	269	312	296	299	296	277	170	165	178	195
Total Assets	404	268	266	301	377	360	367	377	355	366	429	447	465

Below is a detailed analysis of the balance sheet data for BPL Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is 49.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 49.00 Cr..
For Reserves, as of Sep 2024, the value is 218.00 Cr.. The value appears strong and on an upward trend. It has increased from 201.00 Cr. (Mar 2024) to 218.00 Cr., marking an increase of 17.00 Cr..
For Borrowings, as of Sep 2024, the value is 8.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 9.00 Cr. (Mar 2024) to 8.00 Cr., marking a decrease of 1.00 Cr..
For Other Liabilities, as of Sep 2024, the value is 190.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 189.00 Cr. (Mar 2024) to 190.00 Cr., marking an increase of 1.00 Cr..
For Total Liabilities, as of Sep 2024, the value is 465.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 447.00 Cr. (Mar 2024) to 465.00 Cr., marking an increase of 18.00 Cr..
For Fixed Assets, as of Sep 2024, the value is 31.00 Cr.. The value appears strong and on an upward trend. It has increased from 25.00 Cr. (Mar 2024) to 31.00 Cr., marking an increase of 6.00 Cr..
For CWIP, as of Sep 2024, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 3.00 Cr..
For Investments, as of Sep 2024, the value is 240.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 240.00 Cr..
For Other Assets, as of Sep 2024, the value is 195.00 Cr.. The value appears strong and on an upward trend. It has increased from 178.00 Cr. (Mar 2024) to 195.00 Cr., marking an increase of 17.00 Cr..
For Total Assets, as of Sep 2024, the value is 465.00 Cr.. The value appears strong and on an upward trend. It has increased from 447.00 Cr. (Mar 2024) to 465.00 Cr., marking an increase of 18.00 Cr..

Notably, the Reserves (218.00 Cr.) exceed the Borrowings (8.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-13	7	-121	-20	-60	4	-7	8	1	-0	6	8
Cash from Investing Activity +	42	10	122	14	57	15	-4	-12	0	4	4	-9
Cash from Financing Activity +	-28	-21	-0	6	14	-20	2	0	-1	-4	-10	6
Net Cash Flow	1	-4	1	-1	11	-1	-9	-3	0	-1	0	5

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-175.00	-178.00	-169.00	-177.00	-46.00	4.00	-6.00	-28.00	-11.00	-10.00	5.00	6.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	71	28	1,766	1,054	45	28	51	38	131	125	97	118
Inventory Days	47	20	53	57	101	54	44	33	72	80	52	54
Days Payable	44	118	247	133	68	50	49	61	135	61	75	63
Cash Conversion Cycle	75	-70	1,573	978	78	32	45	10	67	143	74	109
Working Capital Days	56	-1	1,824	844	-211	-138	-90	-219	-470	-538	-625	-444
ROCE %	-1%	-0%	1%	1%	1%	6%	3%	-9%	1%	6%	7%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	63.24%	63.24%	63.24%	63.24%	63.21%	63.17%	63.13%	63.13%	63.13%	63.13%	63.13%	63.13%
FIIs	0.01%	0.07%	0.01%	0.00%	0.12%	0.00%	0.06%	0.01%	0.00%	0.03%	0.01%	0.16%
DIIs	0.51%	0.50%	0.50%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	36.24%	36.19%	36.24%	36.25%	36.65%	36.83%	36.81%	36.85%	36.86%	36.83%	36.86%	36.70%
No. of Shareholders	36,389	42,398	43,124	41,724	40,688	41,466	41,422	40,804	40,252	37,975	39,450	42,397

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 16	Mar 14
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	2.76	14.25	3.37	-2.85	-29.01
Diluted EPS (Rs.)	2.76	14.25	3.37	-2.85	-29.01
Cash EPS (Rs.)	3.14	1.38	2.99	-1.63	-29.76
Book Value[Excl.RevalReserv]/Share (Rs.)	78.41	75.70	61.53	11.74	52.95
Book Value[Incl.RevalReserv]/Share (Rs.)	78.41	75.70	61.53	11.74	52.95
Revenue From Operations / Share (Rs.)	13.56	10.66	7.81	8.26	22.02
PBDIT / Share (Rs.)	4.01	3.21	2.26	3.22	-1.10
PBIT / Share (Rs.)	3.61	2.87	1.92	3.12	-1.83
PBT / Share (Rs.)	3.44	2.55	1.56	2.91	-3.57
Net Profit / Share (Rs.)	2.74	1.03	2.65	-1.73	-30.49
NP After MI And SOA / Share (Rs.)	2.74	1.03	2.65	-2.85	-29.01
PBDIT Margin (%)	29.59	30.14	28.91	38.95	-4.99
PBIT Margin (%)	26.60	26.90	24.53	37.74	-8.30
PBT Margin (%)	25.39	23.95	20.01	35.26	-16.20
Net Profit Margin (%)	20.18	9.68	33.89	-20.93	-138.43
NP After MI And SOA Margin (%)	20.18	9.68	33.89	-34.50	-131.70
Return on Networth / Equity (%)	5.37	2.14	7.79	-24.26	-174.33
Return on Capital Employeed (%)	4.35	3.56	2.89	6.47	-1.80
Return On Assets (%)	2.17	0.84	2.41	-4.81	-25.88
Long Term Debt / Equity (X)	0.08	0.09	0.01	0.11	0.00
Total Debt / Equity (X)	0.12	0.81	0.06	0.11	0.00
Asset Turnover Ratio (%)	0.10	0.09	0.00	0.00	0.12
Current Ratio (X)	0.27	0.21	0.34	2.77	1.86
Quick Ratio (X)	0.25	0.19	0.32	2.68	1.46
Inventory Turnover Ratio (X)	7.01	5.99	0.00	0.00	4.20
Dividend Payout Ratio (NP) (%)	0.01	0.00	0.00	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.01	0.00	0.00	0.00	0.00
Earning Retention Ratio (%)	99.99	0.00	0.00	0.00	0.00
Cash Earning Retention Ratio (%)	99.99	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	24.48	10.22	6.40	15.75	-0.63
Interest Coverage Ratio (Post Tax) (X)	17.70	4.29	8.50	-7.46	-16.54
Enterprise Value (Cr.)	585.09	587.24	473.00	299.54	380.56
EV / Net Operating Revenue (X)	8.81	11.25	12.38	7.42	3.53
EV / EBITDA (X)	29.76	37.31	42.81	19.05	-70.73
MarketCap / Net Operating Revenue (X)	6.47	5.01	8.05	3.13	0.63
Retention Ratios (%)	99.98	0.00	0.00	0.00	0.00
Price / BV (X)	1.72	1.11	1.85	2.20	0.83
Price / Net Operating Revenue (X)	6.47	5.01	8.05	3.13	0.63
EarningsYield	0.03	0.01	0.04	-0.11	-2.09

After reviewing the key financial ratios for BPL Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 2.76. This value is below the healthy minimum of 5. It has decreased from 14.25 (Mar 23) to 2.76, marking a decrease of 11.49.
For Diluted EPS (Rs.), as of Mar 24, the value is 2.76. This value is below the healthy minimum of 5. It has decreased from 14.25 (Mar 23) to 2.76, marking a decrease of 11.49.
For Cash EPS (Rs.), as of Mar 24, the value is 3.14. This value is within the healthy range. It has increased from 1.38 (Mar 23) to 3.14, marking an increase of 1.76.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 78.41. It has increased from 75.70 (Mar 23) to 78.41, marking an increase of 2.71.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 78.41. It has increased from 75.70 (Mar 23) to 78.41, marking an increase of 2.71.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 13.56. It has increased from 10.66 (Mar 23) to 13.56, marking an increase of 2.90.
For PBDIT / Share (Rs.), as of Mar 24, the value is 4.01. This value is within the healthy range. It has increased from 3.21 (Mar 23) to 4.01, marking an increase of 0.80.
For PBIT / Share (Rs.), as of Mar 24, the value is 3.61. This value is within the healthy range. It has increased from 2.87 (Mar 23) to 3.61, marking an increase of 0.74.
For PBT / Share (Rs.), as of Mar 24, the value is 3.44. This value is within the healthy range. It has increased from 2.55 (Mar 23) to 3.44, marking an increase of 0.89.
For Net Profit / Share (Rs.), as of Mar 24, the value is 2.74. This value is within the healthy range. It has increased from 1.03 (Mar 23) to 2.74, marking an increase of 1.71.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 2.74. This value is within the healthy range. It has increased from 1.03 (Mar 23) to 2.74, marking an increase of 1.71.
For PBDIT Margin (%), as of Mar 24, the value is 29.59. This value is within the healthy range. It has decreased from 30.14 (Mar 23) to 29.59, marking a decrease of 0.55.
For PBIT Margin (%), as of Mar 24, the value is 26.60. This value exceeds the healthy maximum of 20. It has decreased from 26.90 (Mar 23) to 26.60, marking a decrease of 0.30.
For PBT Margin (%), as of Mar 24, the value is 25.39. This value is within the healthy range. It has increased from 23.95 (Mar 23) to 25.39, marking an increase of 1.44.
For Net Profit Margin (%), as of Mar 24, the value is 20.18. This value exceeds the healthy maximum of 10. It has increased from 9.68 (Mar 23) to 20.18, marking an increase of 10.50.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 20.18. This value exceeds the healthy maximum of 20. It has increased from 9.68 (Mar 23) to 20.18, marking an increase of 10.50.
For Return on Networth / Equity (%), as of Mar 24, the value is 5.37. This value is below the healthy minimum of 15. It has increased from 2.14 (Mar 23) to 5.37, marking an increase of 3.23.
For Return on Capital Employeed (%), as of Mar 24, the value is 4.35. This value is below the healthy minimum of 10. It has increased from 3.56 (Mar 23) to 4.35, marking an increase of 0.79.
For Return On Assets (%), as of Mar 24, the value is 2.17. This value is below the healthy minimum of 5. It has increased from 0.84 (Mar 23) to 2.17, marking an increase of 1.33.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.08. This value is below the healthy minimum of 0.2. It has decreased from 0.09 (Mar 23) to 0.08, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.12. This value is within the healthy range. It has decreased from 0.81 (Mar 23) to 0.12, marking a decrease of 0.69.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.10. It has increased from 0.09 (Mar 23) to 0.10, marking an increase of 0.01.
For Current Ratio (X), as of Mar 24, the value is 0.27. This value is below the healthy minimum of 1.5. It has increased from 0.21 (Mar 23) to 0.27, marking an increase of 0.06.
For Quick Ratio (X), as of Mar 24, the value is 0.25. This value is below the healthy minimum of 1. It has increased from 0.19 (Mar 23) to 0.25, marking an increase of 0.06.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 7.01. This value is within the healthy range. It has increased from 5.99 (Mar 23) to 7.01, marking an increase of 1.02.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 0.01, marking an increase of 0.01.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.01. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 0.01, marking an increase of 0.01.
For Earning Retention Ratio (%), as of Mar 24, the value is 99.99. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 99.99, marking an increase of 99.99.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 99.99. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 99.99, marking an increase of 99.99.
For Interest Coverage Ratio (X), as of Mar 24, the value is 24.48. This value is within the healthy range. It has increased from 10.22 (Mar 23) to 24.48, marking an increase of 14.26.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 17.70. This value is within the healthy range. It has increased from 4.29 (Mar 23) to 17.70, marking an increase of 13.41.
For Enterprise Value (Cr.), as of Mar 24, the value is 585.09. It has decreased from 587.24 (Mar 23) to 585.09, marking a decrease of 2.15.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 8.81. This value exceeds the healthy maximum of 3. It has decreased from 11.25 (Mar 23) to 8.81, marking a decrease of 2.44.
For EV / EBITDA (X), as of Mar 24, the value is 29.76. This value exceeds the healthy maximum of 15. It has decreased from 37.31 (Mar 23) to 29.76, marking a decrease of 7.55.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 6.47. This value exceeds the healthy maximum of 3. It has increased from 5.01 (Mar 23) to 6.47, marking an increase of 1.46.
For Retention Ratios (%), as of Mar 24, the value is 99.98. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 99.98, marking an increase of 99.98.
For Price / BV (X), as of Mar 24, the value is 1.72. This value is within the healthy range. It has increased from 1.11 (Mar 23) to 1.72, marking an increase of 0.61.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 6.47. This value exceeds the healthy maximum of 3. It has increased from 5.01 (Mar 23) to 6.47, marking an increase of 1.46.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 23) to 0.03, marking an increase of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BPL Ltd as of May 24, 2025 is: 56.43

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.

As of May 24, 2025, BPL Ltd is Overvalued by 32.90% compared to the current share price 84.10

Intrinsic Value of BPL Ltd as of May 24, 2025 is: 87.76

Calculation basis:

Intrinsic 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 intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of May 24, 2025, BPL Ltd is Undervalued by 4.35% compared to the current share price 84.10

Last 5 Year EPS CAGR: 55.53%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock is trading at a low valuation with an average P/B ratio of 1.94 and average Dividend Yield of 21.49%. The stock has a low average Working Capital Days of -152.92, which is a positive sign. The company has higher reserves (115.85 cr) compared to borrowings (59.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (71.69 cr) and profit (13.69 cr) over the years.	The stock has a low average ROCE of 1.92%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 128.50, which may not be favorable.

Strength

Weakness

The stock is trading at a low valuation with an average P/B ratio of 1.94 and average Dividend Yield of 21.49%.
The stock has a low average Working Capital Days of -152.92, which is a positive sign.
The company has higher reserves (115.85 cr) compared to borrowings (59.92 cr), indicating strong financial stability.
The company has shown consistent growth in sales (71.69 cr) and profit (13.69 cr) over the years.

The stock has a low average ROCE of 1.92%, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 128.50, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in BPL Ltd:
1. Net Profit Margin: 20.18%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 4.35% (Industry Average ROCE: 17.62%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.37% (Industry Average ROE: 13.94%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 17.7
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.25
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 22.7 (Industry average Stock P/E: 53.43)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.12
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

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. 66.43 Cr. and Equity Capital is Rs. 48.98 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Consumer Electronics	BPL Works, Palakkad Kerala 678007	investor@bpl.in http://www.bpllimited.com

Management
Name	Position Held
Mr. Ajit G Nambiar	Chairman & Managing Director
Mrs. Anju Chandrasekhar	Director
Mr. Nowroz J Cama	Director
Dr. Chandan Juneja	Director
Mr. Sukumar Rangachari	Director
Mr. C K Sabareeshan	Director

FAQ

What is the intrinsic value of BPL Ltd?

BPL Ltd's intrinsic value (as of 24 May 2025) is ₹56.43 — 32.90% lower the current market price of 84.10, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 412 Cr. market cap, FY2025-2026 high/low of ₹148/62.9, reserves of 218 Cr, and liabilities of 465 Cr.

What is the Market Cap of BPL Ltd?

The Market Cap of BPL Ltd is 412 Cr..

What is the current Stock Price of BPL Ltd as on 24 May 2025?

The current stock price of BPL Ltd as on 24 May 2025 is 84.1.

What is the High / Low of BPL Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of BPL Ltd stocks is ₹148/62.9.

What is the Stock P/E of BPL Ltd?

The Stock P/E of BPL Ltd is 22.7.

What is the Book Value of BPL Ltd?

The Book Value of BPL Ltd is 54.5.

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 7.15 %.

What is the ROE of BPL Ltd?

The ROE of BPL Ltd is 5.59 %.

What is the Face Value of BPL Ltd?

The Face Value of BPL Ltd is 10.0.