BLS E-services Limited
NSE: BLSE · IT Enabled Services · sector
₹142.40NSE close 2026-10-26
Key numbers
Market cap₹2,592 cr
Price₹142.40
52w high / low₹170 / ₹62
P/E44.6xSector median 20.1x
P/B5.0xSector median 1.6x
Book value₹28.7
Dividend yield0.52%Sector median 0.70%
ROE11.6%Sector median 8.4%
ROCE18.3%Sector median 11.3%
OPM6.7%Sector median 9.6%
Debt / equity0.00xSector median 0.03x
EV/EBITDA28.1xSector median 10.8x
Interest cover149.9x
Current ratio2.85x
Sales growth 3y–Sector median +11.0%
Profit growth 3y–Sector median +16.6%
PEG8.61x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 91 companies in IT Enabled Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹388 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 149.9x in the last 12 months.
- Promoter holding rose by 3.62 percentage points in a year, to 72.51% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 3 years (FY26, FY24).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 40% of net profit in the last 12 months.
- Dividend paid in 1 of the last 3 financial years.
- Price ₹142.40 on 2026-10-26: -16.2% from the 52-week high, +129.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Price history not available.
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 77 | 128 | 239 | 244 | 270 | 281 | 323 | 304 |
| EBITDA | 14 | 16 | 19 | 18 | 20 | 17 | 20 | 21 |
| OPM % | 17.5% | 12.4% | 8.1% | 7.3% | 7.4% | 5.9% | 6.3% | 7.0% |
| Other income | 7 | 5 | 6 | 7 | 6 | 6 | 6 | 6 |
| Net profit | 14 | 13 | 13 | 15 | 15 | 13 | 15 | 15 |
| EPS (₹) | 0.79 | 0.72 | 0.72 | 0.81 | 0.85 | 0.69 | 0.81 | 0.84 |
| Revenue YoY | +249.6% | +119.9% | +35.2% | +24.6% | ||||
| Profit YoY | +7.8% | -3.2% | +11.7% | +4.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 301 | 519 | 1,118 | 1,178 |
| EBITDA | 42 | 60 | 75 | 78 |
| Net profit | 31 | 53 | 58 | 58 |
| EPS (₹) | 2.22 | 2.90 | 3.17 | 3.19 |
| Revenue growth | +72.3% | +115.2% | +71.2% | |
| Profit growth | +67.4% | +9.4% | +5.2% | |
| Dividend / share (₹) | – | – | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | +71.2% |
| Net profit | – | – | +5.2% |
| EPS | – | – | – |
| Share price | – | +15.9% (2y) | +61.6% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 431 | 483 | 522 |
| Borrowings | 0 | 0 | 0 |
| Cash & equivalents | 267 | 201 | 388 |
| Total assets | 510 | 672 | 762 |
| Fixed assets | 11 | 12 | 13 |
| Capital work in progress | 0 | 11 | 15 |
| Investments | 0 | 0 | 0 |
| Receivables | 25 | 93 | 119 |
| Inventory | 2 | 0 | 0 |
| Payables | 3 | 55 | 82 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 20 | 67 | 51 |
| Cash from investing | -295 | -23 | -14 |
| Cash from financing | 290 | -4 | -19 |
| Capex | 5 | 13 | 9 |
| Free cash flow | 15 | 54 | 42 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 7.3% | 10.9% | 11.0% |
| ROCE % | 10.8% | 16.5% | 17.9% |
| Debtor days | 30 | 66 | 39 |
| Inventory days | 3 | 0 | 0 |
| Payable days | 6 | 50 | 31 |
| Cash conversion cycle (days) | 27 | 16 | 8 |
| Working capital days | 294 | 110 | 113 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 72.51% |
| FIIs | 2.51% |
| DIIs | 0.02% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 24.79% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.89% | 68.89% | 68.89% | 68.89% | 68.89% | 69.81% | 71.87% | 72.51% |
| Promoter group | % |
|---|---|
| BLS International Services Limited | 54.53% |
| Diwakar Aggarwal | 9.47% |
| Shikhar Aggarwal . | 6.99% |
| Karan Aggarwal | 1.49% |
| Gaurav Aggarwal | 0.01% |
| Nimit Aggarwal | 0.01% |
| Sushil Aggarwal | 0.00% |
| Madhukar Aggarwal | 0.00% |
| Vinod Aggarwal | 0.00% |
| Alka Aggarwal | 0.00% |
| Usha Gupta | 0.00% |
| Monica Gupta | 0.00% |
| Riya Sarda | 0.00% |
| Neeraj Goel | 0.00% |
| Parkash Goel | 0.00% |
| Public holders above 1% | % |
|---|---|
| Sunabh Consultancy PVT Limited | 4.55% |
| Sukh Buildwell Private Limited | 1.83% |
| 1 Danta Consultants | 1.09% |
57,569 shareholders. Pledged: – of promoter shares.
Peers in IT Enabled Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTTS | ₹42,777 cr | 27.8x | 6.0x | 23.2% | 26.8% | 17.8% | +11.1% | 1.39% |
| IKS | ₹28,359 cr | 36.4x | 10.1x | 33.3% | 30.2% | 34.3% | – | – |
| TATATECH | ₹27,242 cr | 48.4x | 7.1x | 15.2% | 18.1% | 13.9% | – | 1.75% |
| NETWEB | ₹24,404 cr | 93.4x | 33.7x | 41.6% | 37.4% | 13.3% | – | 0.05% |
| SAGILITY | ₹20,823 cr | 21.0x | 2.1x | 11.0% | 13.1% | 23.6% | – | 0.11% |
| AFFLE | ₹18,518 cr | 38.7x | 5.1x | 14.5% | 16.1% | 22.5% | +23.6% | – |
| BBOX | ₹14,137 cr | 60.6x | 11.0x | 22.1% | 20.2% | 8.2% | +0.2% | 0.12% |
| CYIENT | ₹13,821 cr | 36.3x | 2.4x | 6.9% | 11.6% | 11.2% | +6.5% | 2.38% |
| ESDS | ₹12,988 cr | – | – | – | – | – | – | – |
| BLSE | ₹2,592 cr | 44.6x | 5.0x | 11.6% | 18.3% | 6.7% | – | 0.52% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-06 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2026-09-08 | Dividend | Dividend - Re 0.50 Per Share |
| 2026-02-13 | Dividend | Interim Dividend - Re 0.50 Per Share |
| 2025-09-08 | Dividend | Dividend - Re 1 Per Share |
| 2024-09-03 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Business Correspondents services, Assisted E-services and E-Governance Services: BLS E-Services is a technology enabled digital service provider, providing (i) Business Correspondents services to major banks in India, (ii) Assisted E-Services; and (iii) E-Governance Services at grass root levels in India. Through its robust network it provide access points for delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural and banking services for governments (G2C) and businesses (B2B) alike in addition to a host of B2C services to citizens in urban, semi-urban, rural and remote areas.
| Sector | Information Technology |
| Industry | IT Enabled Services |
| Sub-industry | IT Enabled Services |
| Symbol | BLSE |
| BSE code | 544107 |
| ISIN | INE0NLT01028 |
| Face value | ₹5.0 |
| Incorporated | 2016-04-12 |
| Website | www.blseservices.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.