BSE:500074

Stock Analysis Report

Executive Summary

BPL Limited manufactures and sells electronic products primarily in India.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has BPL's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500074's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.1%

500074

-2.5%

IN Consumer Durables

-3.5%

IN Market


1 Year Return

-30.4%

500074

30.5%

IN Consumer Durables

5.2%

IN Market

Return vs Industry: 500074 underperformed the Indian Consumer Durables industry which returned 31.8% over the past year.

Return vs Market: 500074 underperformed the Indian Market which returned 6.4% over the past year.


Shareholder returns

500074IndustryMarket
7 Day-6.1%-2.5%-3.5%
30 Day-15.6%1.9%-3.9%
90 Day-3.9%13.5%-2.1%
1 Year-30.4%-30.4%31.5%30.5%7.2%5.2%
3 Year-71.6%-71.6%46.6%44.1%18.9%12.4%
5 Year-42.3%-42.3%99.4%93.9%29.4%17.7%

Price Volatility Vs. Market

How volatile is BPL's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BPL undervalued compared to its fair value and its price relative to the market?

0.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 500074's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 500074's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 500074 is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: 500074 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500074's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500074 is good value based on its PB Ratio (0.6x) compared to the IN Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is BPL forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.1%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BPL has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has BPL performed over the past 5 years?

-31.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500074 is currently unprofitable.

Growing Profit Margin: 500074 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 500074 is unprofitable, and losses have increased over the past 5 years at a rate of -31.3% per year.

Accelerating Growth: Unable to compare 500074's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 500074 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (15.6%).


Return on Equity

High ROE: 500074 has a negative Return on Equity (-5.44%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is BPL's financial position?


Financial Position Analysis

Short Term Liabilities: 500074's short term assets (₹1.6B) do not cover its short term liabilities (₹2.1B).

Long Term Liabilities: 500074's short term assets (₹1.6B) exceed its long term liabilities (₹44.9M).


Debt to Equity History and Analysis

Debt Level: 500074's debt to equity ratio (7.8%) is considered satisfactory.

Reducing Debt: 500074's debt to equity ratio has increased from 0.01% to 7.8% over the past 5 years.


Balance Sheet

Inventory Level: 500074 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 500074's debt is covered by short term assets (assets are 12.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 500074 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 500074 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is BPL's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.7%industryaverage0.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 500074's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 500074's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500074's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500074's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500074's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.9yrs

Average management tenure


CEO

Ajit Nambiar (56yo)

27.1yrs

Tenure

₹10,500,000

Compensation

Mr. Ajit Gopal Nambiar has been the Managing Director of BPL Ltd. since 1993. Mr. Nambiar started his career in Electronic Research Private Limited (ERPL) in 1984 and was appointed as its Managing Director ...


CEO Compensation Analysis

Compensation vs Market: Ajit's total compensation ($USD146.19K) is above average for companies of similar size in the Indian market ($USD49.94K).

Compensation vs Earnings: Ajit's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Ajit Nambiar
Executive Chairman27.1yrs₹10.50m0.16% 1.5m
S. Ranganathan
Chief Financial Officer0.8yrsno datano data
Manmohan Ganesh
Chief Operating Officer0yrsno datano data
Varadarajan Srinivasan
General Manager of Corporate Accounts0yrs₹2.54mno data
K. Vishwanath
Chief Corporate & Administration Officer0yrs₹3.14mno data
S. Hariharan
Head of Taxation and Legal9.9yrs₹3.01mno data
Sharad Mathur
Vice President of Marketing16.8yrs₹874.04kno data
Shailesh Mudaliar
Chief Human Relations Officer0yrsno datano data
Dolly Lohia
Company Secretary0.3yrsno datano data
S. Katti
Vice President0yrs₹2.45mno data

9.9yrs

Average Tenure

64yo

Average Age

Experienced Management: 500074's management team is seasoned and experienced (9.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ajit Nambiar
Executive Chairman27.1yrs₹10.50m0.16% 1.5m
Subbarao Prabhala
Independent Non Executive Director0yrsno data0.025% 228.6k
Anju Chandrasekhar
Non-Executive Director28.2yrsno data0.15% 1.4m
Suraj Mehta
Independent Non Executive Director18.6yrsno data0.018% 171.4k
T. Nambiar
Director of BPL Display Devices Limited0yrsno data2.26% 21.1m
Manish Bahl
Chairman of BPL Display Devices Limited0yrsno datano data

21.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 500074's board of directors are seasoned and experienced ( 21.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BPL Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BPL Limited
  • Ticker: 500074
  • Exchange: BSE
  • Founded: 1963
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: ₹931.256m
  • Shares outstanding: 48.88m
  • Website: https://www.bpl.in

Number of Employees


Location

  • BPL Limited
  • Dynamic House
  • No. 64, Church Street
  • Bengaluru
  • Karnataka
  • 560001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500074BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 1995
BPLNSEI (National Stock Exchange of India)YesEquity SharesININRJun 1995

Biography

BPL Limited manufactures and sells electronic products primarily in India. It offers televisions, washing machines, refrigerators, microwave ovens, air conditioners, dish washers, soundbars, Bluetooth speakers, and printed circuit boards. The company provides its products under the BPL brand name. BPL Limited was founded in 1963 and is based in Bengaluru, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:42
End of Day Share Price2020/02/26 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.