BLS International Services Ltd.
•2026-08-21
PROS
- Company has delivered good profit growth of 59.4% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 36.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.1%
- Company has consistently been profitable over the last 5 years
- Operating margins have improved to 29.6% from 14.5%
- Company has delivered good sales growth of 22.8% CAGR over last 5 years
CONS
- Receivables are growing faster than sales - a possible quality concern
- Stock is trading at 9.5x its book value
- Effective tax rate is unusually low at 10.9% - earnings may be flattered
- Though reporting repeated profits, the company pays out little dividend (8.1%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | URBANCO | 147.40 | 0.00 | 22731.74 | 0.00 | -921.20 | -13373.78 | 5283.40 | 1338.56 | -8.23 | -18.44 |
| 2. | BLS | 271.30 | 15.83 | 11170.53 | 0.92 | 201.62 | 11.41 | 890.53 | 25.33 | 41.51 | 28.34 |
| 3. | SIS | 413.85 | 39.92 | 5848.98 | 1.69 | 101.66 | 9.37 | 4603.58 | 29.73 | 7.39 | 4.66 |
| 4. | QUESS | 336.50 | 19.90 | 5025.96 | 3.27 | 82.12 | 61.07 | 4181.68 | 14.52 | 24.72 | 2.02 |
| 5. | BLSE | 314.00 | 49.09 | 2852.89 | 0.16 | 18.63 | 6.30 | 304.09 | 24.63 | 17.52 | 6.98 |
| 6. | TEAMLEASE | 1239.85 | 12.80 | 1894.66 | 0.00 | 34.45 | 37.74 | 3034.69 | 4.96 | 14.52 | 1.05 |
| 7. | BLUSPRING | 119.80 | 0.00 | 1791.04 | 0.00 | -1.58 | 77.90 | 949.29 | 19.07 | 1.32 | 2.17 |
| 8. | KAPSTON | 523.40 | 52.23 | 1592.82 | 0.00 | 84.89 | 1284.83 | 2216.57 | 1062.33 | 13.16 | 6.56 |
| 9. | UDS | 216.75 | 16.72 | 1451.21 | 0.00 | 30.28 | 4.47 | 764.29 | 9.15 | 9.99 | 5.54 |
| 10. | GCSL | 522.95 | 46.36 | 1263.41 | 0.13 | 12.80 | 1240.31 | 37.52 | 70.71 | 21.85 | 46.76 |
| 11. | KRYSTAL | 628.70 | 14.31 | 878.42 | 0.24 | 17.41 | 5.92 | 360.71 | 11.65 | 17.52 | 6.33 |
| 12. | INNOVISION | 266.95 | 17.22 | 635.70 | 0.00 | -73.55 | -771.26 | 2638.15 | 948.03 | 37.59 | -3.82 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 383 | 408 | 438 | 448 | 493 | 495 | 513 | 693 | 711 | 737 | 736 | 815 | 891 | |
| 303 | 321 | 349 | 357 | 360 | 331 | 355 | 519 | 506 | 524 | 538 | 611 | 678 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 7 | 9 | 9 | 15 | 18 | 23 | 15 | 25 | 25 | 19 | 21 | 30 | 23 |
| Interest | 0 | 1 | 0 | 1 | 2 | 6 | 11 | 9 | 6 | 6 | 5 | 6 | 8 |
| Depreciation | 6 | 7 | 6 | 11 | 14 | 18 | 22 | 23 | 23 | 23 | 23 | 25 | 32 |
| 80 | 87 | 91 | 93 | 135 | 164 | 140 | 167 | 200 | 203 | 191 | 204 | 236 | |
| Tax % | 11.75% | 5.94% | 4.19% | 8.57% | 10.33% | 11.12% | 8.77% | 12.86% | 9.60% | 8.45% | 10.67% | 8.18% | 14.44% |
| Net Profit | 0 | 0 | 0 | 0 | 121 | 146 | 128 | 145 | 181 | 186 | 170 | 187 | 202 |
| 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 0 | |
| Equity Capital | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 383
- 303
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 0
- Depreciation
- 6
- 80
- Tax %
- 11.75%
- Net Profit
- 0
- 2
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 408
- 321
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 1
- Depreciation
- 7
- 87
- Tax %
- 5.94%
- Net Profit
- 0
- 2
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 438
- 349
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 0
- Depreciation
- 6
- 91
- Tax %
- 4.19%
- Net Profit
- 0
- 2
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 448
- 357
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 1
- Depreciation
- 11
- 93
- Tax %
- 8.57%
- Net Profit
- 0
- 2
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 493
- 360
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 2
- Depreciation
- 14
- 135
- Tax %
- 10.33%
- Net Profit
- 121
- 3
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 495
- 331
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 6
- Depreciation
- 18
- 164
- Tax %
- 11.12%
- Net Profit
- 146
- 3
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 513
- 355
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 11
- Depreciation
- 22
- 140
- Tax %
- 8.77%
- Net Profit
- 128
- 3
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 693
- 519
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 9
- Depreciation
- 23
- 167
- Tax %
- 12.86%
- Net Profit
- 145
- 3
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 711
- 506
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 6
- Depreciation
- 23
- 200
- Tax %
- 9.60%
- Net Profit
- 181
- 4
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 737
- 524
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 6
- Depreciation
- 23
- 203
- Tax %
- 8.45%
- Net Profit
- 186
- 4
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 736
- 538
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 5
- Depreciation
- 23
- 191
- Tax %
- 10.67%
- Net Profit
- 170
- 4
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 815
- 611
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 6
- Depreciation
- 25
- 204
- Tax %
- 8.18%
- Net Profit
- 187
- 4
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 891
- 678
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 8
- Depreciation
- 32
- 236
- Tax %
- 14.44%
- Net Profit
- 202
- 0
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 41
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 505 | 635 | 789 | 804 | 786 | 478 | 850 | 1,516 | 1,677 | 2,193 | 3,178 | |
| 467 | 551 | 629 | 693 | 701 | 438 | 742 | 1,293 | 1,326 | 1,545 | 2,351 | |
| Operating Profit | 38 | 87 | 164 | 154 | 98 | 60 | 123 | 244 | 391 | 729 | — |
| OPM % | 8 | 14 | 21 | 19 | 13 | 12 | 14 | 16 | 23 | 33 | — |
| Other Income | 1 | 3 | 4 | 43 | 13 | 19 | 15 | 21 | 40 | 81 | 93 |
| Interest | 1 | 7 | 13 | 13 | 4 | 2 | 2 | 3 | 8 | 47 | 25 |
| Depreciation | 6 | 26 | 40 | 19 | 12 | 9 | 7 | 18 | 31 | 77 | 103 |
| 31 | 53 | 111 | 122 | 55 | 48 | 114 | 220 | 352 | 606 | 833 | |
| Tax % | 1 | 6 | 13 | 14 | 4 | -4 | 2 | 7 | 8 | 11 | 11 |
| Net Profit | 31 | 50 | 97 | 105 | 52 | 50 | 111 | 204 | 326 | 540 | 744 |
| EPS | 0 | 0 | 0 | 0 | 0 | 5 | 11 | 5 | 8 | 12 | — |
| Dividend Payout % | 0 | 7 | 5 | 10 | 20 | 10 | 12 | 15 | 13 | 8 | — |
| Minority Interest | -0 | -0 | -0 | 0 | 0 | -0 | 0 | -4 | -13 | -31 | 12 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 3 | 1 | 1 | 3 | 5 | 8 | 12 | — |
| Minority Interest | -0 | -0 | -0 | 0 | 0 | -0 | 0 | -4 | -13 | -31 | 12 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 2 | 3 | 1 | 1 | 3 | 5 | 8 | 12 | — |
- 505
- 467
- Operating Profit
- 38
- OPM %
- 8
- Other Income
- 1
- Interest
- 1
- Depreciation
- 6
- 31
- Tax %
- 1
- Net Profit
- 31
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 635
- 551
- Operating Profit
- 87
- OPM %
- 14
- Other Income
- 3
- Interest
- 7
- Depreciation
- 26
- 53
- Tax %
- 6
- Net Profit
- 50
- EPS
- 0
- Dividend Payout %
- 7
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 789
- 629
- Operating Profit
- 164
- OPM %
- 21
- Other Income
- 4
- Interest
- 13
- Depreciation
- 40
- 111
- Tax %
- 13
- Net Profit
- 97
- EPS
- 0
- Dividend Payout %
- 5
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 2
- 804
- 693
- Operating Profit
- 154
- OPM %
- 19
- Other Income
- 43
- Interest
- 13
- Depreciation
- 19
- 122
- Tax %
- 14
- Net Profit
- 105
- EPS
- 0
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 786
- 701
- Operating Profit
- 98
- OPM %
- 13
- Other Income
- 13
- Interest
- 4
- Depreciation
- 12
- 55
- Tax %
- 4
- Net Profit
- 52
- EPS
- 0
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 478
- 438
- Operating Profit
- 60
- OPM %
- 12
- Other Income
- 19
- Interest
- 2
- Depreciation
- 9
- 48
- Tax %
- -4
- Net Profit
- 50
- EPS
- 5
- Dividend Payout %
- 10
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 1
- 850
- 742
- Operating Profit
- 123
- OPM %
- 14
- Other Income
- 15
- Interest
- 2
- Depreciation
- 7
- 114
- Tax %
- 2
- Net Profit
- 111
- EPS
- 11
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- 1,516
- 1,293
- Operating Profit
- 244
- OPM %
- 16
- Other Income
- 21
- Interest
- 3
- Depreciation
- 18
- 220
- Tax %
- 7
- Net Profit
- 204
- EPS
- 5
- Dividend Payout %
- 15
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- -4
- Share of Associates
- 0
- Adjusted EPS
- 5
- 1,677
- 1,326
- Operating Profit
- 391
- OPM %
- 23
- Other Income
- 40
- Interest
- 8
- Depreciation
- 31
- 352
- Tax %
- 8
- Net Profit
- 326
- EPS
- 8
- Dividend Payout %
- 13
- Minority Interest
- -13
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -13
- Share of Associates
- 0
- Adjusted EPS
- 8
- 2,193
- 1,545
- Operating Profit
- 729
- OPM %
- 33
- Other Income
- 81
- Interest
- 47
- Depreciation
- 77
- 606
- Tax %
- 11
- Net Profit
- 540
- EPS
- 12
- Dividend Payout %
- 8
- Minority Interest
- -31
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- -31
- Share of Associates
- 0
- Adjusted EPS
- 12
- 3,178
- 2,351
- Operating Profit
- —
- OPM %
- —
- Other Income
- 93
- Interest
- 25
- Depreciation
- 103
- 833
- Tax %
- 11
- Net Profit
- 744
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 12
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 12
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 17%
- 5 Years:
- 23%
- 3 Years:
- 37%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 36%
- 5 Years:
- 58%
- 3 Years:
- 66%
STOCK PRICE CAGR
- 10 Years:
- 27%
- 5 Years:
- 50%
- 3 Years:
- -1%
- 1 Year:
- -26%
RETURN ON EQUITY
- 10 Years:
- 29%
- 5 Years:
- 26%
- 3 Years:
- 33%
- Last Year:
- 37%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 41 | 41 | 41 |
| 109 | 155 | 250 | 362 | 418 | 450 | 560 | 762 | 1,164 | 1,674 | |
| 0 | 47 | 69 | 37 | 1 | 0 | 3 | 0 | 0 | 25 | |
| Trade Payables | 7 | 13 | 39 | 24 | 16 | 10 | 18 | 29 | 31 | 98 |
| 12 | 72 | 98 | 42 | 18 | 22 | 34 | 105 | 378 | 957 | |
| Total Liabilities | 137 | 297 | 467 | 475 | 464 | 491 | 625 | 938 | 1,614 | 2,795 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 24 | 78 | 49 | 51 | 41 | 38 | 112 | 234 | 296 | 1,363 | |
| Capital Work in Progress | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 11 |
| 2 | 32 | 28 | 28 | 29 | 24 | 70 | 88 | 116 | 220 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 | 122 | |
| Cash & Bank | 47 | 70 | 119 | 174 | 239 | 277 | 324 | 476 | 962 | 741 |
| 64 | 117 | 270 | 219 | 155 | 152 | 118 | 139 | 199 | 338 | |
| Total Assets | 137 | 297 | 467 | 475 | 464 | 491 | 625 | 938 | 1,614 | 2,795 |
| Total Debt | 6 | 95 | 108 | 38 | 1 | 0 | 3 | 0 | 0 | 205 |
| Net Working Capital | 98 | 105 | 218 | 287 | 349 | 378 | 341 | 469 | 970 | 653 |
| Contingent Liabilities | 16 | 97 | 94 | 169 | 125 | 102 | 37 | 54 | 3 | 3 |
| Book Value per Share | 115.91 | 161.71 | 25.43 | 36.31 | 41.82 | 44.88 | 55.61 | 19.54 | 29.26 | 41.66 |
| Face Value | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 6 | 95 | 108 | 38 | 1 | 0 | 3 | 0 | 0 | 205 |
| Net Working Capital | 98 | 105 | 218 | 287 | 349 | 378 | 341 | 469 | 970 | 653 |
| Contingent Liabilities | 16 | 97 | 94 | 169 | 125 | 102 | 37 | 54 | 3 | 3 |
| Book Value per Share | 115.91 | 161.71 | 25.43 | 36.31 | 41.82 | 44.88 | 55.61 | 19.54 | 29.26 | 41.66 |
| Face Value | 10.00 | 10.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
- Equity Capital
- 10
- 109
- 0
- Trade Payables
- 7
- 12
- Total Liabilities
- 137
- 24
- Capital Work in Progress
- 0
- 2
- 0
- 0
- Cash & Bank
- 47
- 64
- Total Assets
- 137
- Total Debt
- 6
- Net Working Capital
- 98
- Contingent Liabilities
- 16
- Book Value per Share
- 115.91
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 98
- Contingent Liabilities
- 16
- Book Value per Share
- 115.91
- Face Value
- 10.00
- Equity Capital
- 10
- 155
- 47
- Trade Payables
- 13
- 72
- Total Liabilities
- 297
- 78
- Capital Work in Progress
- 0
- 32
- 0
- 0
- Cash & Bank
- 70
- 117
- Total Assets
- 297
- Total Debt
- 95
- Net Working Capital
- 105
- Contingent Liabilities
- 97
- Book Value per Share
- 161.71
- Face Value
- 10.00
- Total Debt
- 95
- Net Working Capital
- 105
- Contingent Liabilities
- 97
- Book Value per Share
- 161.71
- Face Value
- 10.00
- Equity Capital
- 10
- 250
- 69
- Trade Payables
- 39
- 98
- Total Liabilities
- 467
- 49
- Capital Work in Progress
- 0
- 28
- 0
- 0
- Cash & Bank
- 119
- 270
- Total Assets
- 467
- Total Debt
- 108
- Net Working Capital
- 218
- Contingent Liabilities
- 94
- Book Value per Share
- 25.43
- Face Value
- 1.00
- Total Debt
- 108
- Net Working Capital
- 218
- Contingent Liabilities
- 94
- Book Value per Share
- 25.43
- Face Value
- 1.00
- Equity Capital
- 10
- 362
- 37
- Trade Payables
- 24
- 42
- Total Liabilities
- 475
- 51
- Capital Work in Progress
- 3
- 28
- 0
- 0
- Cash & Bank
- 174
- 219
- Total Assets
- 475
- Total Debt
- 38
- Net Working Capital
- 287
- Contingent Liabilities
- 169
- Book Value per Share
- 36.31
- Face Value
- 1.00
- Total Debt
- 38
- Net Working Capital
- 287
- Contingent Liabilities
- 169
- Book Value per Share
- 36.31
- Face Value
- 1.00
- Equity Capital
- 10
- 418
- 1
- Trade Payables
- 16
- 18
- Total Liabilities
- 464
- 41
- Capital Work in Progress
- 0
- 29
- 0
- 0
- Cash & Bank
- 239
- 155
- Total Assets
- 464
- Total Debt
- 1
- Net Working Capital
- 349
- Contingent Liabilities
- 125
- Book Value per Share
- 41.82
- Face Value
- 1.00
- Total Debt
- 1
- Net Working Capital
- 349
- Contingent Liabilities
- 125
- Book Value per Share
- 41.82
- Face Value
- 1.00
- Equity Capital
- 10
- 450
- 0
- Trade Payables
- 10
- 22
- Total Liabilities
- 491
- 38
- Capital Work in Progress
- 0
- 24
- 0
- 0
- Cash & Bank
- 277
- 152
- Total Assets
- 491
- Total Debt
- 0
- Net Working Capital
- 378
- Contingent Liabilities
- 102
- Book Value per Share
- 44.88
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 378
- Contingent Liabilities
- 102
- Book Value per Share
- 44.88
- Face Value
- 1.00
- Equity Capital
- 10
- 560
- 3
- Trade Payables
- 18
- 34
- Total Liabilities
- 625
- 112
- Capital Work in Progress
- 0
- 70
- 0
- 0
- Cash & Bank
- 324
- 118
- Total Assets
- 625
- Total Debt
- 3
- Net Working Capital
- 341
- Contingent Liabilities
- 37
- Book Value per Share
- 55.61
- Face Value
- 1.00
- Total Debt
- 3
- Net Working Capital
- 341
- Contingent Liabilities
- 37
- Book Value per Share
- 55.61
- Face Value
- 1.00
- Equity Capital
- 41
- 762
- 0
- Trade Payables
- 29
- 105
- Total Liabilities
- 938
- 234
- Capital Work in Progress
- 0
- 88
- 1
- 0
- Cash & Bank
- 476
- 139
- Total Assets
- 938
- Total Debt
- 0
- Net Working Capital
- 469
- Contingent Liabilities
- 54
- Book Value per Share
- 19.54
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 469
- Contingent Liabilities
- 54
- Book Value per Share
- 19.54
- Face Value
- 1.00
- Equity Capital
- 41
- 1,164
- 0
- Trade Payables
- 31
- 378
- Total Liabilities
- 1,614
- 296
- Capital Work in Progress
- 0
- 116
- 2
- 40
- Cash & Bank
- 962
- 199
- Total Assets
- 1,614
- Total Debt
- 0
- Net Working Capital
- 970
- Contingent Liabilities
- 3
- Book Value per Share
- 29.26
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 970
- Contingent Liabilities
- 3
- Book Value per Share
- 29.26
- Face Value
- 1.00
- Equity Capital
- 41
- 1,674
- 25
- Trade Payables
- 98
- 957
- Total Liabilities
- 2,795
- 1,363
- Capital Work in Progress
- 11
- 220
- 0
- 122
- Cash & Bank
- 741
- 338
- Total Assets
- 2,795
- Total Debt
- 205
- Net Working Capital
- 653
- Contingent Liabilities
- 3
- Book Value per Share
- 41.66
- Face Value
- 1.00
- Total Debt
- 205
- Net Working Capital
- 653
- Contingent Liabilities
- 3
- Book Value per Share
- 41.66
- Face Value
- 1.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 36 | 48 | 56 | 133 | 116 | 45 | 185 | 261 | 350 | 829 | |
| Cash from Investing | -7 | -115 | -27 | -69 | -107 | -22 | -172 | -238 | -260 | -1,119 |
| Cash from Financing | -2 | 84 | -2 | -87 | -54 | -9 | -12 | 7 | 257 | 158 |
| 27 | 17 | 27 | -23 | -45 | 13 | 2 | 30 | 347 | -131 | |
| Free Cash Flow | 29 | -32 | 52 | 133 | 116 | 41 | 102 | 122 | 256 | -331 |
| OCF / Net Profit | 1.15 | 0.96 | 0.58 | 1.27 | 2.21 | 0.89 | 1.67 | 1.28 | 1.07 | 1.54 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 299 | 311 | 444 | 514 | 637 | 190 |
| OCF / Net Profit | 1.15 | 0.96 | 0.58 | 1.27 | 2.21 | 0.89 | 1.67 | 1.28 | 1.07 | 1.54 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 299 | 311 | 444 | 514 | 637 | 190 |
- 36
- Cash from Investing
- -7
- Cash from Financing
- -2
- 27
- Free Cash Flow
- 29
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 0
- 48
- Cash from Investing
- -115
- Cash from Financing
- 84
- 17
- Free Cash Flow
- -32
- OCF / Net Profit
- 0.96
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.96
- Cumulative 5-Year FCF
- 0
- 56
- Cash from Investing
- -27
- Cash from Financing
- -2
- 27
- Free Cash Flow
- 52
- OCF / Net Profit
- 0.58
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.58
- Cumulative 5-Year FCF
- 0
- 133
- Cash from Investing
- -69
- Cash from Financing
- -87
- -23
- Free Cash Flow
- 133
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
- 116
- Cash from Investing
- -107
- Cash from Financing
- -54
- -45
- Free Cash Flow
- 116
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- 299
- OCF / Net Profit
- 2.21
- Cumulative 5-Year FCF
- 299
- 45
- Cash from Investing
- -22
- Cash from Financing
- -9
- 13
- Free Cash Flow
- 41
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 311
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 311
- 185
- Cash from Investing
- -172
- Cash from Financing
- -12
- 2
- Free Cash Flow
- 102
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 444
- OCF / Net Profit
- 1.67
- Cumulative 5-Year FCF
- 444
- 261
- Cash from Investing
- -238
- Cash from Financing
- 7
- 30
- Free Cash Flow
- 122
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 514
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 514
- 350
- Cash from Investing
- -260
- Cash from Financing
- 257
- 347
- Free Cash Flow
- 256
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 637
- OCF / Net Profit
- 1.07
- Cumulative 5-Year FCF
- 637
- 829
- Cash from Investing
- -1,119
- Cash from Financing
- 158
- -131
- Free Cash Flow
- -331
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 190
- OCF / Net Profit
- 1.54
- Cumulative 5-Year FCF
- 190
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 30.15 | 48.88 | 9.42 | 10.27 | 5.12 | 4.90 | 10.86 | 4.89 | 7.60 | 12.34 |
| Book Value (₹) | 115.91 | 161.71 | 25.43 | 36.31 | 41.82 | 44.88 | 55.61 | 19.54 | 29.26 | 41.66 |
| Dividend per Share (₹) | 0.00 | 3.50 | 0.50 | 1.00 | 1.00 | 0.50 | 1.25 | 0.75 | 1.00 | 1.00 |
| Cash EPS (₹) | 0.89 | 1.86 | 3.32 | 3.03 | 1.57 | 1.46 | 2.89 | 5.42 | 8.66 | 14.97 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 7.56% | 13.65% | 20.77% | 19.12% | 12.52% | 12.44% | 14.48% | 16.10% | 20.91% | 29.56% |
| Net Margin % | 6.12% | 7.89% | 12.23% | 13.08% | 6.66% | 10.52% | 13.08% | 13.47% | 19.42% | 24.60% |
| ROE % | 30.56% | 35.24% | 45.30% | 33.25% | 13.09% | 11.33% | 21.60% | 29.77% | 32.44% | 36.96% |
| ROCE % | 30.37% | 31.48% | 39.48% | 34.61% | 13.93% | 11.26% | 22.42% | 32.43% | 35.78% | 41.51% |
| 25.69% | 23.09% | 25.29% | 22.35% | 11.16% | 10.54% | 19.93% | 26.15% | 25.52% | 24.48% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 3 | 18 | 63 | 88 | 67 | 81 | 26 | 7 | 8 | 13 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 5507 | 0 | 1961 | 969 | 411 | 796 |
| 3 | 18 | 63 | 88 | -5440 | 81 | -1935 | -962 | -403 | -782 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.05x | 0.58x | 0.41x | 0.10x | 0.00x | 0.00x | 0.01x | 0.00x | 0.00x | 0.12x |
| Interest Coverage (x) | 25.62x | 8.27x | 9.24x | 10.40x | 16.22x | 29.25x | 63.51x | 86.67x | 47.56x | 13.95x |
| 8.24x | 2.30x | 2.29x | 3.88x | 10.18x | 11.84x | 7.26x | 5.68x | 7.70x | 2.34x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 12.21% | 25.73% | 24.28% | 1.87% | -2.20% | -39.15% | 77.66% | 78.40% | 10.59% | 30.80% |
| Operating Profit Growth % | 24.06% | 127.02% | 89.10% | -6.21% | -35.97% | -39.50% | 106.66% | 98.45% | 59.97% | 86.60% |
| Net Profit Growth % | 31.07% | 62.14% | 92.64% | 8.94% | -50.19% | -3.91% | 120.94% | 83.69% | 59.41% | 65.73% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 55.54% | 62.39% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 41.33x | 32.16x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.74x | 9.53x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.25% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 30.65x | 21.69x |
- EPS (₹)
- 30.15
- Book Value (₹)
- 115.91
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.89
- Operating Margin %
- 7.56%
- Net Margin %
- 6.12%
- ROE %
- 30.56%
- ROCE %
- 30.37%
- 25.69%
- Debtor Days
- 3
- Inventory Days
- 0
- Payable Days
- 0
- 3
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 25.62x
- 8.24x
- Revenue Growth %
- 12.21%
- Operating Profit Growth %
- 24.06%
- Net Profit Growth %
- 31.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 48.88
- Book Value (₹)
- 161.71
- Dividend per Share (₹)
- 3.50
- Cash EPS (₹)
- 1.86
- Operating Margin %
- 13.65%
- Net Margin %
- 7.89%
- ROE %
- 35.24%
- ROCE %
- 31.48%
- 23.09%
- Debtor Days
- 18
- Inventory Days
- 0
- Payable Days
- 0
- 18
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 8.27x
- 2.30x
- Revenue Growth %
- 25.73%
- Operating Profit Growth %
- 127.02%
- Net Profit Growth %
- 62.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 9.42
- Book Value (₹)
- 25.43
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 3.32
- Operating Margin %
- 20.77%
- Net Margin %
- 12.23%
- ROE %
- 45.30%
- ROCE %
- 39.48%
- 25.29%
- Debtor Days
- 63
- Inventory Days
- 0
- Payable Days
- 0
- 63
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 9.24x
- 2.29x
- Revenue Growth %
- 24.28%
- Operating Profit Growth %
- 89.10%
- Net Profit Growth %
- 92.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 10.27
- Book Value (₹)
- 36.31
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 3.03
- Operating Margin %
- 19.12%
- Net Margin %
- 13.08%
- ROE %
- 33.25%
- ROCE %
- 34.61%
- 22.35%
- Debtor Days
- 88
- Inventory Days
- 0
- Payable Days
- 0
- 88
- Debt to Equity (x)
- 0.10x
- Interest Coverage (x)
- 10.40x
- 3.88x
- Revenue Growth %
- 1.87%
- Operating Profit Growth %
- -6.21%
- Net Profit Growth %
- 8.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 5.12
- Book Value (₹)
- 41.82
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 1.57
- Operating Margin %
- 12.52%
- Net Margin %
- 6.66%
- ROE %
- 13.09%
- ROCE %
- 13.93%
- 11.16%
- Debtor Days
- 67
- Inventory Days
- 0
- Payable Days
- 5507
- -5440
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 16.22x
- 10.18x
- Revenue Growth %
- -2.20%
- Operating Profit Growth %
- -35.97%
- Net Profit Growth %
- -50.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 4.90
- Book Value (₹)
- 44.88
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 1.46
- Operating Margin %
- 12.44%
- Net Margin %
- 10.52%
- ROE %
- 11.33%
- ROCE %
- 11.26%
- 10.54%
- Debtor Days
- 81
- Inventory Days
- 0
- Payable Days
- 0
- 81
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 29.25x
- 11.84x
- Revenue Growth %
- -39.15%
- Operating Profit Growth %
- -39.50%
- Net Profit Growth %
- -3.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 10.86
- Book Value (₹)
- 55.61
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 2.89
- Operating Margin %
- 14.48%
- Net Margin %
- 13.08%
- ROE %
- 21.60%
- ROCE %
- 22.42%
- 19.93%
- Debtor Days
- 26
- Inventory Days
- 0
- Payable Days
- 1961
- -1935
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 63.51x
- 7.26x
- Revenue Growth %
- 77.66%
- Operating Profit Growth %
- 106.66%
- Net Profit Growth %
- 120.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 4.89
- Book Value (₹)
- 19.54
- Dividend per Share (₹)
- 0.75
- Cash EPS (₹)
- 5.42
- Operating Margin %
- 16.10%
- Net Margin %
- 13.47%
- ROE %
- 29.77%
- ROCE %
- 32.43%
- 26.15%
- Debtor Days
- 7
- Inventory Days
- 0
- Payable Days
- 969
- -962
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 86.67x
- 5.68x
- Revenue Growth %
- 78.40%
- Operating Profit Growth %
- 98.45%
- Net Profit Growth %
- 83.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 7.60
- Book Value (₹)
- 29.26
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 8.66
- Operating Margin %
- 20.91%
- Net Margin %
- 19.42%
- ROE %
- 32.44%
- ROCE %
- 35.78%
- 25.52%
- Debtor Days
- 8
- Inventory Days
- 0
- Payable Days
- 411
- -403
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 47.56x
- 7.70x
- Revenue Growth %
- 10.59%
- Operating Profit Growth %
- 59.97%
- Net Profit Growth %
- 59.41%
- 55.54%
- P/E (x)
- 41.33x
- P/B (x)
- 10.74x
- Dividend Yield %
- 0.32%
- 30.65x
- EPS (₹)
- 12.34
- Book Value (₹)
- 41.66
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 14.97
- Operating Margin %
- 29.56%
- Net Margin %
- 24.60%
- ROE %
- 36.96%
- ROCE %
- 41.51%
- 24.48%
- Debtor Days
- 13
- Inventory Days
- 0
- Payable Days
- 796
- -782
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 13.95x
- 2.34x
- Revenue Growth %
- 30.80%
- Operating Profit Growth %
- 86.60%
- Net Profit Growth %
- 65.73%
- 62.39%
- P/E (x)
- 32.16x
- P/B (x)
- 9.53x
- Dividend Yield %
- 0.25%
- 21.69x
Documents
Announcements
- Acquisition
2026-08-20 - BLS International Services Limited has informed the Exchange about Acquisition of additional equity stake in BLS E-Services Limited
- Amalgamation/Merger
2026-08-18 - BLS International Services Limited has informed the Exchange about Merger of Step down Subsidiary of the Company
Annual Reports
Credit Ratings
- Credit Rating
2026-08-05 - BLS International Services Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026

