BPL Ltd
NSE: BPL · Consumer Electronics · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 14 companies in Consumer Electronics (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹106 cr (FY26): borrowings are higher by ₹103 cr.
- Operating profit covered interest -8.7x in the last 12 months.
- 79.61% of the promoters' shares are pledged (50.2% of all shares).
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY22).
- Net loss in 4 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- No dividend in the last 5 financial years.
- Price ₹38.89 on 2026-10-26: -49.6% from the 52-week high, +3.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 19 | 19 | 19 | 20 | 19 | 20 | 21 |
| EBITDA | 5 | 1 | -64 | 3 | 0 | 0 | -9 | -3 |
| OPM % | 22.9% | 4.6% | -343.6% | 16.8% | 2.5% | 2.3% | -46.1% | -13.4% |
| Other income | 0 | 0 | 49 | 0 | 0 | 1 | 0 | 0 |
| Net profit | 4 | 0 | -18 | 3 | -0 | 0 | -11 | -4 |
| EPS (₹) | 0.83 | 0.06 | 0.00 | 0.56 | -0.04 | 0.04 | -2.29 | -0.72 |
| Revenue YoY | -5.2% | -0.7% | +4.7% | +9.8% | ||||
| Profit YoY | -104.7% | -45.2% | – | -229.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 38 | 52 | 66 | 78 | 78 | 80 |
| EBITDA | 0 | 6 | 14 | -54 | -5 | -11 |
| Net profit | 16 | 5 | 13 | 0 | -8 | -15 |
| EPS (₹) | 3.37 | 14.25 | 2.76 | 0.00 | -1.73 | -3.01 |
| Revenue growth | +36.7% | +27.2% | +18.0% | -0.3% | +2.0% | |
| Profit growth | -69.3% | +162.6% | -98.1% | -3,468.0% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +14.4% | +12.3% | +2.0% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -39.5% (2y) | -48.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 236 | 249 | 249 | 241 |
| Borrowings | – | 23 | 30 | 8 | 106 |
| Cash & equivalents | – | 2 | 9 | 2 | 3 |
| Total assets | – | 599 | 616 | 613 | 714 |
| Fixed assets | – | 33 | 35 | 36 | 34 |
| Capital work in progress | – | 309 | 312 | 309 | 308 |
| Investments | – | 124 | 124 | 124 | 124 |
| Receivables | – | 14 | 21 | 24 | 25 |
| Inventory | – | 4 | 5 | 5 | 9 |
| Payables | – | 19 | 19 | 23 | 24 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 10 | 13 | 4 | -63 | -86 |
| Cash from investing | -0 | -4 | -5 | 61 | -1 |
| Cash from financing | -11 | -9 | 6 | -2 | 87 |
| Capex | 0 | 4 | 6 | 1 | 0 |
| Free cash flow | 10 | 9 | -2 | -64 | -86 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 2.1% | 5.3% | 0.1% | -3.5% |
| ROCE % | – | 5.4% | 6.3% | 0.9% | -1.6% |
| Debtor days | – | 97 | 118 | 111 | 117 |
| Inventory days | – | 52 | 54 | 48 | 68 |
| Payable days | – | 231 | 212 | 207 | 187 |
| Cash conversion cycle (days) | – | -82 | -40 | -48 | -2 |
| Working capital days | – | -1,130 | -836 | -706 | -284 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 63.13% |
| FIIs | 0.00% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 36.87% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 63.13% | 63.13% | 63.13% | 63.13% | 63.13% | 63.13% | 63.13% | 63.13% |
| Promoter group | % |
|---|---|
| Electro Investment | 48.21% |
| Merino Finance | 6.28% |
| E R Computers | 3.08% |
| Nambiar International Investment | 2.92% |
| Ajit Gopalan Nambiar | 2.42% |
| Anju Chandrasekhar | 0.15% |
| Thankam Nambiar | 0.04% |
| Meena Nambiar | 0.01% |
| Dynamic Electronics Limited | 0.01% |
44,572 shareholders. Pledged: 79.61% of promoter shares.
Peers in Consumer Electronics
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DIXON | ₹68,194 cr | 32.5x | 14.6x | 48.8% | 52.1% | 3.6% | +58.9% | 0.17% |
| HAVELLS | ₹63,381 cr | 38.1x | 6.5x | 18.0% | 22.5% | 8.9% | +10.0% | 0.99% |
| PGEL | ₹13,565 cr | 65.9x | 4.5x | 7.0% | 10.0% | 7.1% | +34.8% | 0.05% |
| IKIO | ₹1,266 cr | 25.9x | 2.1x | 8.0% | 11.4% | 13.7% | +18.4% | 0.00% |
| ONIDA | ₹930 cr | – | 3.9x | -42.0% | -19.3% | -9.4% | -15.9% | – |
| SMAART | ₹348 cr | 14.1x | – | – | – | – | – | – |
| VETO | ₹231 cr | 8.4x | 0.8x | 9.8% | 12.5% | 9.9% | +9.9% | 0.83% |
| BPL | ₹190 cr | – | 0.8x | -6.0% | -3.4% | -13.7% | +14.4% | – |
| NANTA | ₹119 cr | 14.6x | 2.7x | 18.2% | 24.8% | 16.4% | – | – |
| CWD | ₹115 cr | 51.5x | 1.4x | 19.8% | 29.2% | 15.4% | +84.1% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| PCB | ₹62 cr | 77.4% | ₹2 cr | 3.5% |
| BRAND LICENCING FEE | ₹16 cr | 20.4% | ₹1 cr | 6.3% |
| Unallocated | ₹2 cr | 2.2% | ₹1 cr | 52.8% |
| POWER GENERATION | ₹0 cr | – | ₹-0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-18 | Other | Annual General Meeting |
| 2016-12-15 | Other | Annual General Meeting |
| 2015-09-21 | Other | Annual General Meeting |
| 2014-09-19 | Other | Annual General Meeting |
| 2013-09-19 | Other | Annual General Meeting |
| 2012-09-03 | Other | Annual General Meeting |
| 2011-07-18 | Other | Annual General Meeting |
| 2010-09-09 | Other | Annual General Meeting |
| 2009-09-17 | Other | Annual General Meeting |
| 2008-09-11 | Other | Annual General Meeting |
| 2007-09-13 | Other | Agm |
| 2006-09-14 | Other | Agm Bc End Date Revised |
| 2005-09-14 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Consumer Electronics |
| Sub-industry | Consumer Electronics |
| Symbol | BPL |
| BSE code | 500074 |
| ISIN | INE110A01019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.