BLS E-Services Ltd
Incorporated in April 2016, BLS-E Services Limited is a digital service provider that offers Business Correspondence services to major banks in India, Assisted E-Services, and E-Governance Services at the grassroots level in India.[1]
- Market Cap ₹ 2,286 Cr.
- Current Price ₹ 252
- High / Low ₹ 424 / 220
- Stock P/E 315
- Book Value ₹ 43.2
- Dividend Yield 0.00 %
- ROCE 5.30 %
- ROE 2.99 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 5.83 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.12% over last 3 years.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.94 | 1.70 | 10.31 | 20.53 | 39.67 | |
| 2.75 | 1.89 | 18.87 | 10.84 | 29.11 | |
| Operating Profit | -1.81 | -0.19 | -8.56 | 9.69 | 10.56 |
| OPM % | -192.55% | -11.18% | -83.03% | 47.20% | 26.62% |
| 1.17 | 2.06 | 0.02 | -2.49 | 3.44 | |
| Interest | 1.89 | 0.99 | 0.63 | 5.56 | 3.27 |
| Depreciation | 0.03 | 0.02 | 0.01 | 0.02 | 0.21 |
| Profit before tax | -2.56 | 0.86 | -9.18 | 1.62 | 10.52 |
| Tax % | -0.39% | 0.00% | 28.98% | 36.42% | 31.08% |
| -2.57 | 0.86 | -6.53 | 1.03 | 7.25 | |
| EPS in Rs | -2,570.00 | 860.00 | -6,530.00 | 0.15 | 0.80 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 186% |
| TTM: | 93% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | 172% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 66.73 | 90.86 |
| Reserves | 13.27 | 14.12 | 7.60 | 25.54 | 301.52 |
| 12.32 | 11.02 | 7.26 | 34.92 | 0.64 | |
| 5.52 | 7.08 | 4.85 | 12.21 | 48.62 | |
| Total Liabilities | 31.12 | 32.23 | 19.72 | 139.40 | 441.64 |
| 0.07 | 0.05 | 0.04 | 0.08 | 0.70 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 12.36 | 12.51 | 12.51 | 130.89 | 131.41 |
| 18.69 | 19.67 | 7.17 | 8.43 | 309.53 | |
| Total Assets | 31.12 | 32.23 | 19.72 | 139.40 | 441.64 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 6.97 | 1.86 | 8.90 | 13.26 | 3.97 | |
| -3.13 | -0.15 | -0.03 | -118.44 | -287.20 | |
| -8.32 | -1.41 | -8.64 | 105.78 | 288.26 | |
| Net Cash Flow | -4.48 | 0.29 | 0.23 | 0.60 | 5.03 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 6,546.70 | 3,619.94 | 0.00 | 30.76 | 36.34 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | |
| Days Payable | |||||
| Cash Conversion Cycle | 6,546.70 | 3,619.94 | 0.00 | 30.76 | 36.34 |
| Working Capital Days | 5,098.35 | 2,632.29 | -50.63 | -56.71 | -42.23 |
| ROCE % | 7.29% | -42.73% | 13.73% |
Documents
Announcements
- Closure of Trading Window 12h
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
17 Jun - Press release dated June 17, 2024 , relating to signing of the definitive share purchase agreement w.r.t. invest and acquire 55% equity shares of Aadifidelis …
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Announcement under Regulation 30 (LODR)-Acquisition
17 Jun - Of acquisition, where the Board of the Company has approved to enter into definitive share purchase agreement to acquire 55% shareholding of the "Aadifidelis Solutions …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
27 May - Listing Regulations') read with part A of Schedule III of the Listing Regulations, We wish to inform that an Investor Meet is schedule on 30th …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - In Compliance with Regulation 47of the Securities Exchange and Board of India (Listing Obligation and Disclosure Requirement) Regulation ,2015 ( Including any Statutory modification(s), amendment(s), …
Concalls
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May 2024TranscriptNotesPPT
Business Profile[1] BLS E-Services is a digital service provider offering services such as business correspondence to major banks, assisted e-services, and e-governance services at grassroots levels. It also provides delivery of essential public utility services, healthcare, financial, agricultural, educational, and banking services for governments in urban, semi-urban, rural, and remote areas.