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BPL Limited (BPL) Fair Value & Analysis

Technology · IN · Market cap ₹2.8B

BL BPL Limited BPL · NSE
Price₹53.33
Fair Value₹32.97
Upside-38.2%
Quality35/100
Mixed Growth
Loss-making · -10.8% net margin
Low debt · negative free cash flow
Trails peers (2/10)
Narrow moat 8/100
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Evidence: Medium Range ₹24.61 – ₹32.97 Share as image

Fair value as of: Aug 2, 2026

From 8 valuation models · updated today

Fair value updated Aug 2, 2026, revised from ₹0.0100 to ₹32.97 (+329,600.0%) since Jun 29, 2026. Share price −6.7% over the past month.

Below-average quality, and the price sits another 38% above our fair value.

What matters now

  • The price sits above even our optimistic bull case (₹32.97). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

₹168.25 ₹21.85 Fair Value ₹32.97 Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹21.85 – ₹168.25 · fair‑value band ₹24.61 – ₹32.97 · the ₹53.33 price screens above the ₹32.97 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

BPL Limited (BPL) currently trades at ₹53.33, while our model-based Fair Value estimate is ₹32.97, implying the stock looks roughly 38.2% overvalued today. We read business quality at 35/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, BPL Limited generated revenue of ₹781M at a net margin of -10.8%. Revenue grew 4.7% year over year. It earns a return on equity of -2.3%. Net debt stands at ₹1.0B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹24.61 (bear case) to ₹32.97 (bull case); at ₹53.33, the current price sits above that range. The share trades about 43% below its 52-week high and 42% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -16% fair-value upside, at -38%, BPL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Gordon GGM ₹32.97 ₹32.97 70
DDM Multi-Stage ₹32.97 61
NCAV (Graham) ₹81,139 ₹108,702 ₹162,245 50
All 3 models by family
Dividend Discount
Gordon GGM ₹32.97 ₹32.97 70
DDM Multi-Stage ₹32.97 61
Asset-Based
NCAV (Graham) ₹81,139 ₹108,702 ₹162,245 50

Widest divergence: Asset-Based (₹108,702) versus Dividend Discount (₹32.97). Highest evidence: Gordon GGM (70).

Key figures & financial health

Revenue (TTM) ₹781M
Revenue growth (YoY) +4.7%
Net margin -10.8%
Return on equity -2.3%
Free cash flow −₹875M FY2026
Operating margin -0.6%
More key figures
EPS (TTM) ₹-1.73
EPS growth (YoY) -37.5%
Net debt ₹1.0B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 37 · Market factors (momentum, volatility) 33

Profitability 5
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 26
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 75
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

BPL Limited, together with its subsidiaries, manufactures and sells consumer electronic products primarily in India. The company operates through Printed Circuit Board and Consumer Electronics & Durables segments.

Full company description

BPL Limited, together with its subsidiaries, manufactures and sells consumer electronic products primarily in India. The company operates through Printed Circuit Board and Consumer Electronics & Durables segments. It offers television, lighting, refrigerator, air-conditioner, fan, and kitchen appliances; single, double, and multi-layer printed circuit boards; and medical technologies. The company sells its products under the BPL brand. The company was incorporated in 1963 and is based in Bengaluru, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

BPL Limited reported revenue of ₹781M in FY2026 versus ₹382M in FY2022, a compound +19.6%/yr. Reported net income was −₹85.5M in FY2026.

Growth Quality 26/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹781M
Latest YoY
−0.3%
Avg. growth/yr (3Y)
+14.4%
Avg. growth/yr (5Y)
+12.3%
Avg. growth/yr (24Y)
−11.4%
Revenue +19.6%/yr
FY22 ₹382M
FY23 ₹522M
FY24 ₹664M
FY25 ₹784M
FY26 ₹781M
Net income
FY22 ₹129M
FY23 ₹50.9M
FY24 ₹133M
FY25 ₹942K
FY26 −₹85.5M

BPL sits 38% above fair value. Compare with Apple Inc →

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Cite: Fair Value Calculator (2026). "BPL Limited Fair Value". https://www.fairvalue-calculator.com/stock/BPL

Peer Group

Consumer Electronics · 135 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 35 · Bottom 25%
Fair Value upside −38% · Below median
Return on assets 0% · Below median
Net margin (TTM) -11% · Bottom 25%
Operating margin (TTM) -1% · Below median
Revenue growth 5% · Above median
Debt / equity 0.40× · Higher than 75% of peers

Valuation Multiples vs Consumer Electronics median · lower = cheaper

P/S (TTM) 0.04× · Cheaper than 75% of peers
EV/EBITDA 20.5× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 / 5
FUTURE 24 / 12
PAST 0 / 15
HEALTH 80 / 97
DIVIDEND 0 / 25

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Consumer Electronics stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Apple Inc AAPL $314.86 $122.91 -61%
Samsung Electronics Co 005930 255,000 KRW 138,019 KRW -46%
Sony Group SONYN 366.00 MXN 468.94 MXN +28%
Xiaomi Corporation 1810 HK$26.88 HK$39.84 +48%
LG Electronics Inc 066570 179,000 KRW 101,531 KRW -43%
Sharetronic Data Technology Co 300857 ¥277.96 ¥35.89 -87%
Huaqin Co 603296 ¥78.20 ¥65.69 -16%
Goertek Inc 002241 ¥22.25 ¥18.86 -15%
LG Corp 003550 102,400 KRW 93,881 KRW -8%
Anker Innovations Limited 300866 ¥105.92 ¥78.52 -26%

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Frequently asked questions

Is BPL Limited (BPL) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹32.97 versus a price of ₹53.33, about −38% (overvalued).
What is the fair value of BPL?
Our model-based fair value for BPL Limited is ₹32.97 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹53.33.
What is the quality score of BPL?
BPL Limited has a Quality Score of 35/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of BPL Limited (BPL)?
BPL Limited reported trailing-twelve-month revenue of about ₹781M (latest available figure, as of Aug 2, 2026).
What is the net profit margin of BPL?
The net profit margin of BPL Limited is about -10.8%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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