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 ₹ 19,249 Cr.
- Current Price ₹ 468
- High / Low ₹ 482 / 263
- Stock P/E 46.1
- Book Value ₹ 34.7
- Dividend Yield 0.21 %
- ROCE 31.0 %
- ROE 31.1 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 33.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.4%
Cons
- Stock is trading at 13.5 times its book value
- Promoter holding has decreased over last quarter: -1.14%
- Tax rate seems low
* 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 250 SmallCap Index BSE 500 Nifty Smallcap 250 Nifty 500 Multicap 50:25:25 BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
450 | 505 | 635 | 789 | 804 | 786 | 478 | 850 | 1,516 | 1,677 | 1,873 | |
420 | 467 | 551 | 629 | 693 | 700 | 437 | 742 | 1,293 | 1,326 | 1,397 | |
Operating Profit | 30 | 38 | 84 | 160 | 111 | 86 | 41 | 108 | 223 | 351 | 476 |
OPM % | 7% | 7% | 13% | 20% | 14% | 11% | 9% | 13% | 15% | 21% | 25% |
0 | 0 | 3 | 4 | 43 | -15 | 19 | 15 | 19 | 40 | 65 | |
Interest | 2 | 1 | 7 | 13 | 13 | 4 | 2 | 2 | 3 | 8 | 9 |
Depreciation | 5 | 6 | 26 | 40 | 19 | 12 | 9 | 7 | 18 | 31 | 49 |
Profit before tax | 24 | 31 | 53 | 111 | 122 | 55 | 48 | 114 | 220 | 352 | 483 |
Tax % | 1% | 1% | 6% | 13% | 14% | 4% | -4% | 2% | 7% | 8% | |
24 | 31 | 50 | 97 | 105 | 52 | 50 | 111 | 204 | 326 | 439 | |
EPS in Rs | 0.58 | 0.75 | 1.22 | 2.36 | 2.57 | 1.28 | 1.22 | 2.72 | 4.89 | 7.60 | 10.14 |
Dividend Payout % | 0% | 0% | 7% | 5% | 10% | 20% | 10% | 12% | 15% | 13% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 52% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 84% |
TTM: | 56% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 96% |
3 Years: | 109% |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 28% |
Last Year: | 31% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 41 | 41 | 41 |
Reserves | 73 | 108 | 155 | 250 | 362 | 418 | 450 | 560 | 762 | 1,166 | 1,387 |
7 | 6 | 95 | 108 | 38 | 1 | 1 | 11 | 7 | 31 | 379 | |
13 | 13 | 36 | 101 | 66 | 40 | 38 | 52 | 136 | 378 | 576 | |
Total Liabilities | 103 | 137 | 297 | 470 | 475 | 469 | 498 | 633 | 945 | 1,616 | 2,383 |
24 | 24 | 78 | 49 | 51 | 41 | 38 | 112 | 234 | 296 | 972 | |
CWIP | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 6 |
Investments | 2 | 2 | 32 | 28 | 28 | 29 | 24 | 70 | 88 | 116 | 165 |
78 | 111 | 187 | 393 | 393 | 400 | 436 | 451 | 623 | 1,205 | 1,239 | |
Total Assets | 103 | 137 | 297 | 470 | 475 | 469 | 498 | 633 | 945 | 1,616 | 2,383 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
13 | 36 | 48 | 56 | 133 | 116 | 45 | 185 | 261 | 350 | |
-11 | -7 | -115 | -27 | -66 | -107 | -22 | -172 | -238 | -260 | |
6 | -2 | 84 | -2 | -87 | -54 | -9 | -12 | 7 | 257 | |
Net Cash Flow | 8 | 27 | 17 | 27 | -20 | -45 | 13 | 2 | 30 | 347 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 5 | 2 | 34 | 98 | 80 | 52 | 76 | 10 | 8 | 9 |
Inventory Days | ||||||||||
Days Payable | ||||||||||
Cash Conversion Cycle | 5 | 2 | 34 | 98 | 80 | 52 | 76 | 10 | 8 | 9 |
Working Capital Days | 28 | 36 | 41 | 71 | 64 | 51 | 77 | 9 | -1 | -2 |
ROCE % | 30% | 31% | 39% | 26% | 21% | 11% | 22% | 32% | 31% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
2d - 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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Nov 2019TranscriptNotesPPT
Business Segments