BPL · BPL Ltd · Appliance & Tool
BPL · BPL Ltd · Appliance & Tool
As of 05 Nov close
52-week range
43.7% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹21 Cr
Revenue YoY
PAT YoY
-229.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1
P/S (TTM)
2.6
Sector P/E
24.7
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BPL (this stock) | Not meaningful (earnings negative over the last 12 months) | 1 | -18.4% | -6.2% | 0.45 | 0.0% |
| LG Electronics India | 57.7 | 14.6 | +7.1% | +23.8% | 0.06 | 0.0% |
| Honeywell Automation India | 63.4 | 7.6 | +11.2% | +12.3% | 1.97 | +0.3% |
| Whirlpool Of India | 41.1 | 3 | +3.0% | +6.0% | 0.09 | +0.7% |
Promoter
stable
FII
falling 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedBPL Limited reported continued growth in its PCB business, outperforming the industry average, with revenue up 15.20% year-on-year in FY 2025-26. The company emphasized its focus on expanding into high-growth segments, enhancing automation, and leveraging policy support through the Electronics Components Manufacturing Scheme (ECMS). However, the company noted margin pressures due to rising COGS and EBITDA margin narrowing. Strategic priorities include moving towards higher-layer PCBs, AI-enabled production systems, and improving working capital efficiency.
- Expansion into high-growth industry segments and value-added products
- Enhancing process automation and quality systems
- Leveraging policy support through ECMS and related initiatives
- Focus on improving working capital efficiency and inventory management
- Commitment to strengthening domestic manufacturing capabilities
Key takeaway: BPL Limited is positioning itself for growth in India's electronics manufacturing sector through strategic investments in automation, policy alignment, and capacity expansion, despite facing margin pressures and operational challenges.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (5 items); Regulatory Action (2 items); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
5 occurrencesRecent (last 12 months)
The auditors issued a qualified opinion on the consolidated financial statements of BPL Limited.
Earlier (1-3 years ago)
The statutory auditor issued a qualified opinion due to the company's failure to redeem Rs. 16958.68 lakhs of preference shares that had fully fallen due for redemption in August 2019, as the redemption can only be done out of profits otherwise available for distribution.
Older (3+ years ago)
The statutory auditor has issued a qualified opinion, and the company is providing an explanation for it. The structured digital database required by SEBI regulations is not yet fully operational, with full operation expected in the second quarter of 2023-24.
The statutory auditor issued a qualified opinion on the company's financial statements. The company has not redeemed Rs. 16,958.68 lacs in preference shares that became due in August 2019 and has not contributed Rs. 250.93 lakhs to the Group Gratuity Policy as required by the Payment of Gratuity Act.
The auditor issued a qualified opinion due to the company's failure to redeem preference shares amounting to Rs. 16,958.68 lacs and non-contribution of Rs. 224.78 lacs towards the Group gratuity policy as required by the Payment of Gratuity Act.
Regulatory Action
2 occurrencesOlder (3+ years ago)
The company has not redeemed preference shares amounting to Rs. 16958.68 lacs, which had fully fallen due for redemption in August 2019.
NSE has levied a penalty for delay in compliance of Reg. 17 of SEBI (LODR) Regulations 2015 regarding the composition of the Board due to the pandemic situation (Covid 19).
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
BPL Limited's board passed a circular resolution on 24th September 2024 for renewal of working capital limits with UBI, but borrowing under this resolution is not allowed as per Section 179 of the Companies Act 2013.
Routine disclosures
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has contingent liabilities amounting to 3,09,16,792 lakhs as of 31-03-26, as disclosed in Note 17 of the Annual Report 2025-26.
Earlier (1-3 years ago)
The company has a contingent liability from an order of the Sole Arbitrator, with an SLP filed before the Supreme Court, Delhi. The company hopes for a favorable order on merits.
Older (3+ years ago)
BPL Limited has contingent liabilities including claims not acknowledged as debt under Central Excise, Customs, Service Tax, Sales Tax, FEMA, Income Tax, and others, as well as guarantees for LC/BG outstanding.
The company has a contingent liability of Rs. 22.04 crores related to an arbitration award, with an ongoing appeal and uncertainty about the final demand amount.
The company has a contingent liability of Rs. 22.04 crores related to a legal dispute where the claim for principal is barred by law of limitation, and the appeal is ongoing.
Related-Party Transaction
5 occurrencesRecent (last 12 months)
The company has related-party transactions with Bharat Energy Ventures Pvt. Ltd., BPL Telecom Private Limited, and Dynamic Electronics Private Limited, involving advances for share purchases, rent deposits, and application money.
Earlier (1-3 years ago)
The company entered into a material related party transaction with Electronic Research Private Limited (ERPL) worth Rs. 16 crores, but did not obtain shareholder approval for the same.
Older (3+ years ago)
The company entered a transaction of purchase of land measuring 892.52 cents situated at Palakkad from BPL Telecom (BTPL) for approximate value around Rs. 40 crores. Since this transaction attracts Section 188 of the companies Act, 2013, the special resolution has been passed by BTPL in Extraordinary General Meeting (EGM).
BPL Limited reported related party transactions as of March 31, 2022, including sale of PCBs and share applications amounting to ₹10,870.32 lakh and ₹10,845.08 lakh respectively.
The company entered into a transaction of purchase of land measuring 892.52 cents from BPL Telecom Private Limited (BTPL) for approximately Rs. 40 crores. This transaction attracted Section 188 of the Companies Act, 2013, requiring a special resolution passed by BTPL at its EGM on 12.10.2016 for the sale of property.
Management & Board Governance
1 occurrenceOlder (3+ years ago)
The Chairman & Managing Director and Chief Financial Officer of BPL Limited informed the Auditors and Audit Committee about instances of significant fraud involving management or employees with significant roles in the Company’s internal control system over financial reporting.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.6% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).