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BPL Ltd share price today (on 3 June 2023).
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BSE: 500074 | NSE: BPL | ISIN: INE110A01019 Market Cap: [Rs.Cr.] 80 | Face Value: [Rs.] 10 Industry: Electronics - Consumer
BPL was incorporated in 1963 and promoted by T P G Nambiar of the BPL group. Its subsidiaries are BPL Display Devices, BPL Soft Energy Systems and Bharat Energy Ventures. Other group companies include Electronic Research, BPL Systems and Projects, BPL Sanyo, Dynamic Electronics, etc. It is having manufacturing facilities in Palakad, Bangalore, Noida and Doddaballapur. The company came out with a public issue in Mar.'94.Products manufactured by BPL include televisions, test and measuring equipments, medical electronic equipments and office automation products. The technical tie-up with Sanyo, Japan, has helped the company widen its product range making it a formidable player in the Indian electronic industry. BPL is the only company to be awarded with the BZT reputation for export to Germany.
BPL was granted recognition as an export house in 1993. It had won the Elcina award (1991-92) for export of electronic equipment like color TVs, oscilloscopes, copiers, PCBs, etc to competitive markets of GCA countries. Nokia Phones has appointed BPL as its local distributor in India. It was awarded the Certificate of Merit for outstanding export performance in consumer electronics from the Export Promotion Council in 1995-96. In 1996-97, the company sucessfully completed an export-oriented project for the manufacture of alkaline batteries at a cost of Rs. 120 cr at Dobaspet, Tumkur district, Karnataka, with technical collaboration from Sanyo, Japan. In 1998-99, BPL Automation, one of the subsidiary of the company was amalgamated with the company.
The amalgamation benefit the company in terms of better control over the affairs of plastic moulding and tool room division. BPL is India's first television company to cross the one million mark (sales in volume). It continues to retain its No 1 position in the colour television market across all segments with a composite retail marketshare of 19%. BPL acquired 2 crore equity shares of BPL PTI Limited which was engaged in the manufacture and marketing of dry cell batteries. This company is now a subsidiary of BPL with effect from Aug.'00. During the 4th qtr of 2001-02 the company introduced the first integrated Home Theatre Solution with 4000 MW PMPO output. The Company got ISO 14000 EMS (Energy Management Systems) Certification for conserving energy.
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