āagman

Not investment advice. Data and computed figures, for information only.

BLS International Services Ltd

NSE: BLS
₹227.53
−₹0.11 (−0.05%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹8,903 Cr
CMP
₹227.53
52-wk High / Low
₹343 / 212
P/E
12.6
P/B
3.6
Book Value
₹59.8
Div Yield
1.16%
ROCE
30.0%
ROE
32.1%
Face Value
₹1
D/E
0.17

Price−24.1% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 14 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹150
√(22.5 × EPS × book value per share)
ROIC
23.7%
vs 7.6% sector median
Cash flow to profit
1.25
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−41
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
27.4%
ROE × earnings retention ratio
ROE stability
4.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −2.00DII +0.11
Latest quarter vs the previous one
Cash-accrual divergence
−5.4%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 30% vs the 2026 sector median of 13%)
+PE of 12.6x is below the sector median of 41.4x
Watch-outs
−Borrowings are up 7083.3% since FY2016 (6 to 431)
−Price trades below its 200-day moving average (0.9x)
−Price is 33.7% below its 52-week high
−Annualised volatility of 46.4% is in the high band (≥45%)
−Promoter holding fell by 4.0pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales383408438448493495513693711737736815891
Expenses303321349357360331355519506524538611638
Operating Profit80878990133164158174204213198204252
OPM %20.9%21.3%20.3%20.1%27.0%33.1%30.8%25.1%28.7%28.9%26.9%25.0%28.3%
Other Income79915182315252519213023
Interest01012611966568
Depreciation67611141822232323232532
Profit before tax80879193135164140167200203191204236
Net Profit71828785121146128145181186170187202
EPS (₹)1.681.912.051.962.773.362.933.284.154.263.954.324.62

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4505056357898047864788501,5161,6772,1932,9983,178
Expenses4204675516296937004377421,2931,3261,5452,1492,311
Operating Profit3038841601118641108223351649849867
OPM %6.7%7.5%13.2%20.3%13.8%10.9%8.6%12.7%14.7%20.9%29.6%28.3%27.3%
Other Income003443−1519151940809593
Interest217131342238475325
Depreciation56264019129718317794103
Profit before tax2431531111225548114220352606797833
Net Profit243150971055250111204326540724744
EPS (₹)0.580.751.222.362.571.281.222.724.897.6012.3416.6817.15

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital101010101010101041414141—
Reserves731081552503624184505607621,1661,6902,422—
Borrowings7695108381111731384431—
Other Liabilities13133610166403852136378721868—
Total Liabilities1031372974704754694986339451,6162,8353,762—
Fixed Assets242478495141381122342961,3951,706—
CWIP00003000001117—
Investments2232282829247088116220352—
Other Assets781111873933934004364516231,2051,2101,688—
Total Assets1031372974704754694986339451,6162,8353,762—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1336485613311645185261350829903
Cash from Investing Activity−11−7−115−27−66−107−22−172−238−260−1,119−446
Cash from Financing Activity6−284−2−87−54−9−127257158−246
Net Cash Flow8271727−20−4513230347−131211

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—30.031.039.026.021.011.022.032.031.033.030.0
ROE %———————————32.1
EPS (₹)0.580.751.222.362.571.281.222.724.897.6012.3416.68
Book Value (₹)———————————59.8
Face Value (₹)———————————1
P/E———————————12.6
Div Yield %———————————1.16
NPM %5.36.17.812.212.46.710.112.813.319.023.823.4
OPM %7.07.013.020.014.011.09.013.015.021.030.028.0
D/E0.080.050.580.420.100.000.000.020.010.030.220.17
P/B———————————3.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+20.0%
5 years+44.0%
3 years+26.0%
TTM+32.0%
Compounded profit growth
10 years+36.0%
5 years+68.0%
3 years+49.0%
TTM+25.0%
Stock price CAGR
10 years+18.0%
5 years+27.0%
3 years−5.0%
Last year−36.0%
Return on equity
10 years30.0%
5 years31.0%
3 years33.0%
Last year32.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters74.24%74.24%74.24%74.24%74.24%74.59%74.59%74.41%71.52%70.38%70.39%70.39%
FIIs0.01%0.01%4.54%2.77%3.10%1.22%1.36%7.57%7.67%9.94%6.14%4.14%
DIIs0.00%0.00%0.28%0.06%0.11%0.00%0.00%0.05%1.05%2.26%2.99%3.10%
Government————————————
Public25.75%25.75%20.94%22.93%22.55%24.03%24.01%17.92%19.65%17.38%20.42%22.33%
No. of shareholders1,0621,06222,76120,57117,37831,99741,70287,0681,44,9471,87,4932,18,9592,23,624
Change since Jun 2023 (pp)
Promoters −3.85FIIs +4.13DIIs +3.10Public −3.42

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 For Change In Statutory Auditors Of Step Down Subsidiary Of The CompanyAnnouncement under Regulation 30 (LODR)-RestructuringClosure of Trading WindowShareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 16 Sep 2026
16 Sep 2026DIVIDENDDividend - Re 0.50 Per Share—
13 Feb 2026DIVIDENDInterim Dividend - Rs 2 Per Share—
8 Sep 2025DIVIDENDDividend - Re 1 Per Share—
5 Sep 2024DIVIDENDAnnual General Meeting/Dividend - Re 0.50 Per Share—
23 Feb 2024DIVIDENDInterim Dividend - Rs 0.50 Per Share—
14 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Re 0.25 Per Share—
17 Feb 2023DIVIDENDInterim Dividend - Rs 0.50 Per Share—
8 Dec 2022BONUSBonus 1:1—
13 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 0.25 Per Share—
13 May 2022BONUSBonus 1:1—
11 Feb 2022DIVIDENDInterim Dividend - Re 1 Per Share—
16 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 0.25 Per Share—
11 Feb 2021DIVIDEND Interim Dividend - Rs 0.25 Per Share—
11 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 0.50 Per Share—
13 Feb 2020DIVIDEND Interim Dividend - Rs 0.50 Per Share—
18 Sep 2019DIVIDEND Annual General Meeting/Dividend - Re 1 Per Share—
11 Sep 2018DIVIDEND Annual General Meeting/Dividend Re 0.5 Per Share—
12 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 0.30/- Per Share—
26 Apr 2017SPLIT Face Value Split From Rs 10/- Per Share To Re 1/- Per Share10 : 1
23 Nov 2016DIVIDEND Interim Dividend Re 0.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman