BLS International Services Ltd
BLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, and is the biggest global players in visa application outsourcing.[1]
- Market Cap ₹ 19,362 Cr.
- Current Price ₹ 470
- High / Low ₹ 502 / 263
- Stock P/E 482
- Book Value ₹ 2.35
- Dividend Yield 0.21 %
- ROCE 44.9 %
- ROE 44.1 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 22.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.6%
- Company has been maintaining a healthy dividend payout of 88.5%
- Company's median sales growth is 36.6% of last 10 years
Cons
- Stock is trading at 200 times its book value
- Promoter holding has decreased over last quarter: -1.14%
- Tax rate seems low
- Earnings include an other income of Rs.44.4 Cr.
- Debtor days have increased from 29.7 to 56.2 days.
* 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
Part of Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE 250 SmallCap Index BSE 500 BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 10 | 14 | 16 | 24 | 41 | 52 | 53 | 20 | 40 | 87 | 119 | 135 | |
6 | 8 | 10 | 13 | 19 | 31 | 39 | 40 | 24 | 38 | 74 | 106 | 128 | |
Operating Profit | 1 | 2 | 4 | 3 | 5 | 10 | 13 | 13 | -3 | 2 | 13 | 13 | 8 |
OPM % | 18% | 20% | 27% | 18% | 22% | 25% | 25% | 24% | -16% | 6% | 14% | 11% | 6% |
0 | 0 | 0 | 2 | 2 | 6 | 9 | 20 | 30 | 17 | 37 | 35 | 44 | |
Interest | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 0 | 1 | 2 | 2 |
Depreciation | 0 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 6 | 9 |
Profit before tax | 1 | 1 | 1 | 2 | 4 | 13 | 19 | 30 | 24 | 17 | 47 | 40 | 42 |
Tax % | 31% | 33% | 33% | 28% | 29% | 17% | 29% | 22% | 13% | 7% | 12% | 8% | |
1 | 1 | 1 | 1 | 3 | 11 | 13 | 23 | 21 | 16 | 41 | 37 | 40 | |
EPS in Rs | 0.02 | 0.03 | 0.08 | 0.26 | 0.32 | 0.56 | 0.51 | 0.39 | 1.00 | 0.90 | 0.97 | ||
Dividend Payout % | 0% | 0% | 0% | 0% | 114% | 49% | 77% | 44% | 25% | 79% | 75% | 111% |
Compounded Sales Growth | |
---|---|
10 Years: | 28% |
5 Years: | 18% |
3 Years: | 80% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | 49% |
5 Years: | 23% |
3 Years: | 22% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 95% |
3 Years: | 115% |
1 Year: | 52% |
Return on Equity | |
---|---|
10 Years: | 41% |
5 Years: | 44% |
3 Years: | 42% |
Last Year: | 44% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 41 | 41 | 41 |
Reserves | 1 | 2 | 3 | 4 | 8 | 15 | 24 | 31 | 45 | 49 | 37 | 48 | 56 |
0 | 0 | 7 | 3 | 2 | 5 | 8 | 1 | 1 | 1 | 1 | 19 | 4 | |
4 | 2 | 2 | 6 | 7 | 19 | 26 | 24 | 8 | 29 | 17 | 21 | 62 | |
Total Liabilities | 16 | 15 | 23 | 23 | 27 | 50 | 68 | 67 | 65 | 89 | 96 | 129 | 163 |
3 | 2 | 6 | 4 | 5 | 4 | 4 | 4 | 4 | 4 | 8 | 31 | 47 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 5 | 1 | 1 | 33 | 36 | 38 |
11 | 11 | 15 | 17 | 19 | 42 | 59 | 57 | 60 | 84 | 54 | 61 | 78 | |
Total Assets | 16 | 15 | 23 | 23 | 27 | 50 | 68 | 67 | 65 | 89 | 96 | 129 | 163 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7 | 0 | 2 | 2 | 1 | 10 | 22 | 1 | -26 | -0 | -6 | -0 | |
8 | 0 | -8 | 1 | 0 | -7 | -21 | 24 | 33 | 19 | 35 | 26 | |
-0 | 0 | 6 | -2 | -2 | -1 | -3 | -23 | -9 | -14 | -23 | -31 | |
Net Cash Flow | 1 | 1 | -0 | 2 | -1 | 3 | -2 | 2 | -3 | 4 | 5 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 7 | 33 | 50 | 26 | 63 | 105 | 27 | 26 | 45 | 18 | 15 | 56 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 7 | 33 | 50 | 26 | 63 | 105 | 27 | 26 | 45 | 18 | 15 | 56 |
Working Capital Days | -79 | -25 | -43 | 63 | 79 | 118 | 130 | 124 | 570 | -133 | 6 | 49 |
ROCE % | 9% | 9% | 13% | 12% | 30% | 55% | 58% | 73% | 49% | 31% | 57% | 45% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
12 Dec - CRISIL upgrades BLS International's credit rating to A+/Stable.
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Appointment Of Statutory Auditors In Aadifidelis Solutions Private Limited
29 Nov - Appointment of statutory auditors for subsidiary ASPL.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
28 Nov - The management of the Company will Virtually meet the Analysts/ Investors as per schedule given below: Date: 06.12.2024 Name: Sundaram Mutual Fund Venue/Meeting Type: Virtual …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
28 Nov - The management of the Company will Virtually meet the Analysts/ Investors as per schedule given below: Date: 03.12.2024 Name: Mirae Asset Capital Markets Venue/Meeting : …
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Announcement under Regulation 30 (LODR)-Acquisition
26 Nov - Subsidiaries acquired shares in three companies.
Annual reports
Concalls
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Nov 2024Transcript PPT REC
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
Business Segments