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 ₹ 1,885 Cr.
- Current Price ₹ 208
- High / Low ₹ 424 / 198
- Stock P/E 86.2
- Book Value ₹ 44.8
- Dividend Yield 0.00 %
- ROCE 5.00 %
- ROE 2.98 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 4.66 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 1.11% over last 3 years.
- Earnings include an other income of Rs.14.4 Cr.
* 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 BSE IPO BSE Allcap BSE Information Technology BSE SmallCap
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 | TTM | |
|---|---|---|---|---|---|---|
| 1 | 2 | 10 | 21 | 40 | 52 | |
| 3 | 2 | 19 | 11 | 29 | 33 | |
| Operating Profit | -2 | -0 | -9 | 10 | 11 | 18 |
| OPM % | -193% | -11% | -83% | 47% | 27% | 35% |
| 1 | 2 | 0 | -2 | 3 | 14 | |
| Interest | 2 | 1 | 1 | 6 | 3 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -3 | 1 | -9 | 2 | 11 | 29 |
| Tax % | 0% | 0% | -29% | 36% | 31% | |
| -3 | 1 | -7 | 1 | 7 | 22 | |
| EPS in Rs | -2,570.00 | 860.00 | -6,530.00 | 0.15 | 0.80 | 2.43 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 186% |
| TTM: | 59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 103% |
| TTM: | 96% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 67 | 91 | 91 |
| Reserves | 13 | 14 | 8 | 26 | 302 | 316 |
| 12 | 11 | 7 | 35 | 32 | 29 | |
| 6 | 7 | 5 | 12 | 17 | 23 | |
| Total Liabilities | 31 | 32 | 20 | 139 | 442 | 459 |
| 0 | 0 | 0 | 0 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 6 |
| Investments | 12 | 13 | 13 | 131 | 131 | 131 |
| 19 | 20 | 7 | 8 | 310 | 321 | |
| Total Assets | 31 | 32 | 20 | 139 | 442 | 459 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 7 | 2 | 9 | 12 | 4 | |
| -3 | -0 | -0 | -118 | -287 | |
| -8 | -1 | -9 | 107 | 288 | |
| Net Cash Flow | -4 | 0 | 0 | 1 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 6,547 | 3,620 | 0 | 31 | 36 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 |
| Days Payable | |||||
| Cash Conversion Cycle | 6,547 | 3,620 | 0 | 31 | 36 |
| Working Capital Days | 5,098 | 2,632 | -51 | -57 | -47 |
| ROCE % | 7% | -43% | 14% | 5% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - Monitoring Agency Report for IPO proceeds utilization.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - In Pursuance to the Regulation 47 of SEBI (LODR) Regulation 2015, we hereby enclosing copies of Newspaper advertisement of Unaudited Financial Results of the company …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - In Pursuance to the Regulation 47 of SEBI LODR Regulation 2015, We hereby enclosed copies of Newspaper advertisement of Unaudited Financial Results of the company …
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Announcement under Regulation 30 (LODR)-Investor Presentation
11 Nov - Investor presentation for Q2 and H1 FY25 results.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Nov - BLS E-Services reports Q2 & H1 FY25 financial results.
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.