BPL: Trouble brewing
(Sep 2, 2002)
Ever since the entry of Korean consumer durable majors, the Indian counterparts have had a run for their money. BPL is one of them. After the Cricket World Cup in 1999 when it posted record numbers, net profits have fallen at a CAGR of 28% in the last three years.

BPL: Survival game
(Jul 3, 2002)
BPL Limited, the diversified consumer durable major, is in serious trouble. The market leader in the Indian CTV segment has posted a 53% drop in net profits for the full year ended March 2002. The fall in both revenues and profitability has surpassed our estimates. Continuous diversification from its core business of manufacturing CTVs is one of the key cause of concern.

Consumer durables: Grim outlook
(Mar 19, 2002)
Over the last few days, consumer durable majors like BPL and Videocon have been gaining ground. After two years of lacklustre demand scenario, the current year was expected to benefit durable majors, more notably in the second half of the current fiscal in light of higher agricultural output. However, if one were to compare YoY, things are not that heartening.

BPL: Threats unlimited
(Feb 11, 2002)
The consumer durable sector continues to reel under pressure on account of slowdown in the economy. While select companies like BPL have managed to gain market share in the colour television segment (CTV), price realisations has been on the decline. We take a look at the third quarter performance of BPL and its future prospects.

BPL: Hampered by the slowdown
(Nov 29, 2001)
BPL Limited, the market leader in the CTV segment, continues to feel the heat due to stiff competition and a slowdown in the economy. Net profit for the first half of the current year has nosedived by 50% YoY to Rs 206 m.

Consumerism in full swing…
(Nov 17, 2001)
The bet is on. With the festive season in full swing, consumer electronics majors have introduced a range of exchange and finance schemes in an effort push volume growth, which has been languishing over the last two years. Will this festive season be any different for these companies, which are hoping for an upturn in consumer demand?
(Sector Focus)

Going digital but lacking focus
(Nov 17, 2001)
One of the key differentiating factors in the highly competitive consumer electronics segment is the ability to churn out technologically improved models so as to keep volume growth ticking. And improved technology is nothing new to BPL Limited, one of the market leaders in the durables segment. Nevertheless, the company has been losing out on various other fronts and thus has had to bear the brunt of competition.
(Company Focus)

BPL: Where to from here?
(Sep 20, 2001)
BPL is one of the key losers on the bourses over the last two years. Compared to a market capitalisation of Rs 15,235 m in August 1999, the current market capitalisation is just Rs 1,080 m, a 92% erosion in value. What are the reasons for such a drastic fall?

Durables: Better times ahead?
(Aug 21, 2001)
After a disappointing FY01, consumer durable companies have something to cheer about. Sales in June as well as July for televisions (TVs) and refrigerators have improved. Are things beginning to look up for these companies?

Consumer durables: Tougher times
(Aug 6, 2001)
The slowdown in the economy has clearly taken its toll on majority of the consumer durable companies for the second year in succession. Atleast, the first quarter results of some of the key companies are reflecting this. Will they be able to come out of it?