BLS E-Services Ltd
Incorporated in 2016, BLS-E Services
Ltd provides Digital Services including
E-Governance, Business Correspondent
and allied services[1]
- Market Cap ₹ 1,883 Cr.
- Current Price ₹ 207
- High / Low ₹ 424 / 198
- Stock P/E 42.7
- Book Value ₹ 50.3
- Dividend Yield 0.00 %
- ROCE 16.5 %
- ROE 11.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.20.5 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 Allcap BSE SmallCap BSE IPO BSE Information Technology
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 64 | 97 | 243 | 301 | 298 | |
| 60 | 90 | 210 | 260 | 251 | |
| Operating Profit | 5 | 7 | 33 | 42 | 46 |
| OPM % | 7% | 7% | 14% | 14% | 16% |
| 1 | 2 | 1 | 8 | 20 | |
| Interest | 2 | 1 | 4 | 1 | 1 |
| Depreciation | 0 | 1 | 3 | 3 | 4 |
| Profit before tax | 4 | 7 | 27 | 46 | 62 |
| Tax % | 20% | 21% | 25% | 27% | |
| 3 | 5 | 20 | 34 | 46 | |
| EPS in Rs | 3,150.00 | 5,380.00 | 2.83 | 3.46 | 5.15 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 67% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 115% |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 67 | 91 | 91 |
| Reserves | 10 | 15 | 40 | 340 | 366 |
| 11 | 15 | 5 | 7 | 6 | |
| 20 | 26 | 67 | 71 | 93 | |
| Total Liabilities | 41 | 56 | 179 | 510 | 556 |
| 8 | 15 | 88 | 93 | 92 | |
| CWIP | 0 | 0 | 0 | 0 | 6 |
| Investments | 0 | 0 | 0 | 15 | 43 |
| 32 | 41 | 92 | 402 | 415 | |
| Total Assets | 41 | 56 | 179 | 510 | 556 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 9 | 20 | 29 | 20 | |
| -1 | -14 | -66 | -295 | |
| -5 | -8 | 46 | 290 | |
| Net Cash Flow | 3 | -1 | 10 | 15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 50 | 32 | 27 | 30 |
| Inventory Days | 23 | |||
| Days Payable | 46 | |||
| Cash Conversion Cycle | 50 | 32 | 27 | 8 |
| Working Capital Days | -47 | -46 | -56 | -27 |
| ROCE % | 31% | 45% | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov - Monitoring Agency Report for IPO proceeds utilization.
-
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 …
-
Announcement under Regulation 30 (LODR)-Investor Presentation
11 Nov - Investor presentation for Q2 and H1 FY25 results.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Nov - BLS E-Services reports Q2 & H1 FY25 financial results.
Business Overview:[1]
a) BLSe is a subsidiary of BLS International Services Ltd.
b) Company provides digital and physical products and services in the G2C, B2C, B2B categories in semi-urban, rural and remote areas
c) In FY24, company has ~1.21+ Lac Touchpoints, BLS stores ~1,000+, Business Correspondents ~29,700+, Bank Tie-ups (for Business Corspndt.) ~16, and ~130+Million Transactions