BLS E-Services Ltd
It - Software | Small Cap
BLS E-Services Ltd, operating in the IT sector, exhibits a mixed financial performance. The company demonstrates notable strengths in solvency, growth, and coverage ratios, suggesting a stable financial structure and strong expansion capabilities. However, it shows weakness in liquidity and financial ratios. Profitability is moderate, reflecting average performance in key profitability metrics. While the company shows good revenue and asset growth, the negative EPS growth and lower margins raise concerns about efficiency in translating revenue into profit. Overall, BLS E-Services presents a picture of a growing company with a solid financial base but needs to be more efficient in managing its resources and improving profitability. Future performance will depend on how effectively it can convert its growth into increased earnings and improve its financial efficiency.
Latest Report
View AllThe Latest Reports Are Not Available at the Moment. We’ll Notify You Once They’re Available.
Latest News
View AllThe Latest News Is Not Available at the Moment. We’ll Notify You Once It’s Available.
- Valuation MetricsNeutral
- Market Metrics
- Stock Reports
- Stock News
- Growth Ratio8.00
- Financial Ratio4.80
- Profitability Ratio5.60
- Efficiency Ratio6.00
- Coverage Ratio10.00
- Solvency Ratio10.00
- Liquidity Ratio0.00
- Peer Assessment
- Management AssessmentBalanced
- Risk AssessmentBalanced
- 1 HourBullish
- 2 HoursBullish
- 4 HoursBullish
- 1 DayBullish
- 1 WeekBullish
- 1 MonthBullish
BLS E-Services Ltd, operating in the IT sector, exhibits a mixed financial performance. The company demonstrates notable strengths in solvency, growth, and coverage ratios, suggesting a stable financial structure and strong expansion capabilities. However, it shows weakness in liquidity and financial ratios. Profitability is moderate, reflecting average performance in key profitability metrics. While the company shows good revenue and asset growth, the negative EPS growth and lower margins raise concerns about efficiency in translating revenue into profit. Overall, BLS E-Services presents a picture of a growing company with a solid financial base but needs to be more efficient in managing its resources and improving profitability. Future performance will depend on how effectively it can convert its growth into increased earnings and improve its financial efficiency.
Overall Valuation Score
P/E RATIO (TTM)
25.89
Industry Median
18.52
Small Cap Median
17.08
P/E RATIO
27.82
P/B RATIO
2.90
Industry Median
3.54
Small Cap Median
3.39
P/S RATIO
2.82
Industry Median
2.66
Small Cap Median
2.37
Others
PEG RATIO
0.00
EV/EBITDA RATIO
14.36
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹160.79 as on Feb 20, 2026.
Unlock Live Chart
Please login to view interactive real-time technical charts powered by TradingView.
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
0.00
Today's Low
0.00
Today's High
The company demonstrates strong growth in revenue and assets, indicating successful expansion and market penetration. However, the negative EPS growth is a concern, suggesting that increased revenues are not effectively translating into higher earnings per share. Focusing on improving profitability and operational efficiency is crucial to sustain long-term growth.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue Growth Rate | 51.56 | 150.52 | 23.87 | 72.43 |
| Operating Profit Growth Rate | 40 | 371.43 | 27.27 | 42.86 |
| Earnings Per Share (EPS) Growth | 70.79 | -99.95 | 22.26 | 67.05 |
| Asset Growth Rate | 36.59 | 219.64 | 184.92 | 31.76 |
| Net Income Growth Rate | N/A | N/A | N/A | N/A |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
The company's financial ratios present a mixed picture. While capital expenditures are well-managed, EPS and book value per share are relatively low. Improving earnings per share and enhancing book value are crucial to boosting investor confidence and driving long-term value creation. Effective management of capital expenditures supports sustainable growth.
| Financial Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Adjusted Earnings Per Share (Adjusted EPS) | N/A | N/A | N/A | N/A |
| Cash Earnings Per Share (Cash EPS) | N/A | N/A | N/A | N/A |
| Book Value Per Share | 0 | 15.97 | 47.36 | 53.08 |
| Dividend Per Share (DPS) | 0 | 0 | 0 | 0.98 |
| Capital Expenditures (CapEx) | 7 | 1 | 5 | 13 |
Adjusted Earnings Per Share (Adjusted EPS)
Cash Earnings Per Share (Cash EPS)
Book Value Per Share
Dividend Per Share (DPS)
Capital Expenditures (CapEx)
The company's profitability ratios indicate a mixed performance. While return on capital employed is relatively strong, net margin is low. Focusing on improving net margin through cost control and pricing strategies is essential to enhance overall profitability. Maintaining a healthy return on capital employed is crucial for generating long-term value.
| Profitability Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Gross Profit Margin | 6.19 | 12.35 | 12.96 | 10.4 |
| Return on Capital Employed (ROCE) | 18.29 | 26.46 | 10.55 | 16.09 |
| Return on Equity (ROE) | N/A | N/A | N/A | N/A |
| Return on Assets (ROA) | 12.5 | 18.44 | 8.24 | 8.93 |
| Operating Margin | 7.22 | 13.58 | 13.95 | 11.56 |
| Net Margin | N/A | N/A | N/A | N/A |
Gross Profit Margin
Return on Capital Employed (ROCE)
Return on Equity (ROE)
Return on Assets (ROA)
Operating Margin
Net Margin
The company exhibits mixed efficiency. While receivables management is strong, the low inventory turnover and high days sales in inventory indicate inefficiency in inventory management. Enhancing inventory turnover would free up capital and reduce storage costs. Efficient receivables management ensures timely collection of revenues, positively impacting cash flow.
| Efficiency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Fixed Asset Turnover Ratio | 6.47 | 2.76 | 3.24 | 3.51 |
| Inventory Turnover Ratio | N/A | 426 | 175.33 | 465 |
| Receivables Turnover Ratio | N/A | N/A | N/A | N/A |
| Days Sales in Inventory Ratio | N/A | 0.86 | 2.08 | 0.78 |
| Receivable Days | N/A | N/A | N/A | N/A |
| Capital Turnover Ratio | 2.22 | 2.07 | 0.68 | 1.04 |
Inventory Turnover Ratio
Receivables Turnover Ratio
Days Sales in Inventory Ratio
Receivable Days
The company exhibits a strong capacity to cover its interest expenses, indicating a low risk of financial distress and demonstrating financial stability. This robust coverage provides a buffer against potential earnings declines and supports the company's ability to manage its debt obligations effectively.
| Coverage Ratios | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Interest Coverage Ratio | 3 | 8 | 7.75 | 47 | 80 |
| Equity Dividend Coverage Ratio | N/A | N/A | N/A | N/A | N/A |
Interest Coverage Ratio
Equity Dividend Coverage Ratio
The company maintains a strong solvency position, suggesting a low risk of financial distress. This indicates that it has a healthy balance between debt and equity, making it resilient to economic downturns and providing a stable base for future growth. The capacity to comfortably cover its interest obligations further strengthens its financial stability.
| Solvency Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Debt Ratio | 0.48 | 0.05 | 0.02 | 0.01 |
| Debt to Equity Ratio | 0.92 | 0.05 | 0.02 | 0.01 |
| Equity Ratio | 0.52 | 0.95 | 0.98 | 0.99 |
| Debt To Asset Ratio | 0.24 | 0.03 | 0.01 | 0.01 |
Debt Ratio
Debt to Equity Ratio
Interest Coverage Ratio
The company's liquidity position is weak, indicating potential challenges in meeting its short-term obligations. This is a critical area of concern as it affects the company's ability to manage its day-to-day operations and respond to unexpected financial needs. Low liquidity can restrict the company's flexibility and may impact its credit rating and investor confidence.
| Liquidity Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Current Ratio | 27.33 | N/A | N/A | N/A |
| Quick Ratio | 27.33 | N/A | N/A | N/A |
| Cash Ratio | 9.33 | N/A | N/A | N/A |
| Operating Cash Flow Ratio | 0 | N/A | N/A | N/A |
Current Ratio
Quick Ratio
Cash Ratio
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | BLS E-Services Ltd | 6.08 | 27.82 | Neutral | 60.00 | 3.02 | 59.00 |
The management effectiveness of BLS E-Services presents a mixed picture. Strong profit growth and improved operating profit margins are positives. However, inconsistent sales growth and a decline in FII holdings are concerns. The absence of dividend payments further influences the assessment. Overall, management demonstrates strengths in profitability but needs to address sales growth and equity returns.
| Category | Metric | Value | Assessment |
|---|---|---|---|
| PROS | Profit Growth | 115% (3Y) | Strong profit growth |
| Improving OPM | 16% (TTM) | Demonstrates better operational efficiency | |
| CONS | Sales Growth | 0% (TTM) | Inconsistent sales growth |
| Declining FII Holding | 1.42% (Sep 2024) | Indicates reduced institutional confidence |
Financial Performance & Growth
BLS E-Services shows a mixed financial growth performance. Sales growth has been inconsistent, while profit growth indicates a positive trend. The compounded sales growth for the TTM is 0%, contrasting with a 3-year compounded sales growth of 67%. Compounded profit growth is robust at 115% over 3 years and 35% TTM. The OPM has improved to 16% TTM. Recent quarterly sales data reveals a decline of -4.55% in September 2024. The quarterly profit growth demonstrates significant volatility, ranging from -28% in December 2023 to a substantial increase of 133% in June 2024. High other income contribution in net profit.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|
| Sales Growth (%) | 49.95% | 151.35% | 24.04% | - |
| OPM (%) | 7% | 14% | 14% | 16% |
Capital Efficiency & Returns
The capital efficiency and returns of BLS E-Services present mixed results. The ROCE is 5.03%, and the ROE is 2.99%. Sales relative to total assets indicate the effectiveness of asset utilization in generating revenue. The cash conversion cycle has improved significantly, from 50 days in March 2021 to 8 days in March 2024.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|
| ROCE (%) | - | 31% | 45% | 17% |
| Cash Conversion Cycle (Days) | 50 | 32 | 27 | 8 |
Financial Health & Prudence
BLS E-Services demonstrates a financially healthy and prudent approach to debt management. The company shows a decreasing reliance on borrowings, with total borrowings decreasing from ₹11 Cr in March 2021 to ₹7 Cr in March 2024, and further to ₹6 Cr by September 2024. The company maintains a zero dividend payout. The company's Interest coverage ratio is very strong.
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|---|
| Borrowings (₹ Cr) | 11 | 15 | 5 | 7 | 6 |
Shareholding & Ownership Structure
The shareholding and ownership structure of BLS E-Services indicates moderate promoter confidence and fluctuating institutional interest. Promoter holding remains consistent at 68.89% from March 2024 to September 2024. FII holdings have decreased significantly from 9.27% in March 2024 to 1.42% in September 2024. DII holdings remain minimal at 0.01%. Public holding has increased from 21.83% in March 2024 to 29.68% in September 2024. The number of shareholders has increased from 73,190 in March 2024 to 87,912 in September 2024.
| Metric | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|
| Promoter Holding (%) | 68.89% | 68.89% | 68.89% |
| FII Holding (%) | 9.27% | 5.69% | 1.42% |
The risk assessment for BLS E-Services suggests a moderate risk level. Segment performance volatility is evidenced by fluctuations in quarterly sales and profit growth. Additionally, foreign exchange or interest rate exposure exists. The decrease in FII holdings from March 2024 to September 2024 indicates a shift in institutional investor sentiment. Overall, while the company shows financial stability and growth, certain risk factors warrant attention.
Segment performance volatility
BLS E-Services experiences segment performance volatility, reflected in the fluctuations in quarterly sales and profit growth. Quarterly sales growth varies, with a recent decline of -4.55% in September 2024. Quarterly profit growth demonstrates significant volatility, ranging from -28% in December 2023 to a substantial increase of 133% in June 2024.
Foreign exchange or interest rate exposure
BLS E-Services is exposed to foreign exchange or interest rate risks. The company's financial statements include fluctuations in other income, which can be influenced by foreign exchange gains or losses. The company's interest expenses are relatively low, mitigating some interest rate exposure.
Regulatory compliance cost trends
BLS E-Services faces regulatory compliance cost trends. Employee costs have been increasing as a percentage of sales, rising from 9.66% in December 2022 to 11.95% in September 2024.
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10226.47Bullish
- SMA 20227.02Bullish
- SMA 50227.46Bullish
- EMA 10226.87Bullish
- EMA 20227.03Bullish
- EMA 50227.15Bullish
- DEMA 10226.92Bullish
- DEMA 20226.60Bullish
- DEMA 50228.07Bullish
- TEMA 10227.33Bullish
- TEMA 20226.50Bullish
- TEMA 50226.22Bullish
- MACD-0.28Bullish
- ADX20.88Weak Trend
- IndicatorValueSignal
- RSI55.52Neutral
- CCI30.03Neutral
- ROC 91.38Bullish
- ROC 14-0.35Bearish
- ROC 250.53Bullish
- Stoch K58.52Neutral
- Stoch D46.27Neutral
- IndicatorValueSignal
- BB Upper229.69Neutral
- BB Middle227.02Neutral
- BB Lower224.36Neutral
- ATR2.20High Volatility
- IndicatorValueSignal
- MFI56.23Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 2 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10226.77Bullish
- SMA 20228.16Bullish
- SMA 50227.47Bullish
- EMA 10227.03Bullish
- EMA 20227.28Bullish
- EMA 50225.55Bullish
- DEMA 10226.74Bullish
- DEMA 20227.15Bullish
- DEMA 50230.93Bearish
- TEMA 10226.89Bullish
- TEMA 20226.34Bullish
- TEMA 50228.01Bullish
- MACD-0.14Bearish
- ADX28.31Strong Trend
- IndicatorValueSignal
- RSI53.58Neutral
- CCI-22.92Neutral
- ROC 90.00Bullish
- ROC 140.61Bullish
- ROC 251.55Bullish
- Stoch K40.04Neutral
- Stoch D34.47Neutral
- IndicatorValueSignal
- BB Upper233.24Neutral
- BB Middle228.16Neutral
- BB Lower223.09Neutral
- ATR3.33Low Volatility
- IndicatorValueSignal
- MFI64.17Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 4 Hours Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10228.10Bullish
- SMA 20227.41Bullish
- SMA 50218.96Bullish
- EMA 10227.37Bullish
- EMA 20226.48Bullish
- EMA 50218.27Bullish
- DEMA 10227.47Bullish
- DEMA 20229.61Bearish
- DEMA 50234.32Bearish
- TEMA 10226.90Bullish
- TEMA 20227.26Bullish
- TEMA 50N/AN/A
- MACD2.04Bearish
- ADX33.23Strong Trend
- IndicatorValueSignal
- RSI56.58Neutral
- CCI-16.55Neutral
- ROC 90.08Bullish
- ROC 141.49Bullish
- ROC 251.37Bullish
- Stoch K35.07Neutral
- Stoch D31.12Neutral
- IndicatorValueSignal
- BB Upper232.07Neutral
- BB Middle227.41Neutral
- BB Lower222.76Neutral
- ATR5.47Low Volatility
- IndicatorValueSignal
- MFI67.36Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 33 Technical Indicators From The 1 Day Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 10228.43Bearish
- SMA 20223.55Bullish
- SMA 50200.09Bullish
- SMA 100178.10Bullish
- SMA 200186.10Bullish
- EMA 10226.85Bearish
- EMA 20221.42Bullish
- EMA 50204.51Bullish
- EMA 100192.69Bullish
- EMA 200189.09Bullish
- DEMA 10230.18Bearish
- DEMA 20233.48Bearish
- DEMA 50225.04Bullish
- DEMA 100204.39Bullish
- DEMA 200186.34Bullish
- TEMA 10227.81Bearish
- TEMA 20232.17Bearish
- TEMA 50237.44Bearish
- TEMA 100218.37Bullish
- TEMA 200N/AN/A
- MACD8.45Bearish
- ADX52.13Strong Trend
- IndicatorValueSignal
- RSI59.83Neutral
- CCI38.34Neutral
- ROC 141.42Bullish
- ROC 2518.84Bullish
- Stoch K48.82Neutral
- Stoch D62.80Neutral
- IndicatorValueSignal
- BB Upper237.44Neutral
- BB Middle223.55Neutral
- BB Lower209.66Neutral
- ATR8.26Low Volatility
- IndicatorValueSignal
- MFI72.26Neutral
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 21 Technical Indicators From The 1 Week Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bearish
- IndicatorValueSignal
- SMA 20176.16Bullish
- SMA 50184.79Bullish
- EMA 20191.19Bullish
- EMA 50188.57Bullish
- DEMA 20202.91Bullish
- DEMA 50180.72Bullish
- TEMA 20216.30Bullish
- TEMA 50N/AN/A
- MACD11.09Bullish
- ADX21.55Weak Trend
- IndicatorValueSignal
- RSI62.27Neutral
- CCI169.43Overbought
- ROC 1473.73Bullish
- ROC 2510.40Bullish
- Stoch K96.47Overbought
- Stoch D94.60Overbought
- IndicatorValueSignal
- BB Upper233.99Neutral
- BB Middle176.16Neutral
- BB Lower118.33Neutral
- ATR17.70Low Volatility
- IndicatorValueSignal
- MFI85.16Overbought
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Market Sentiment
Analysis Driven By 25 Technical Indicators From The 1 Month Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Strong Bullish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
- IndicatorValueSignal
- SMA 6181.90Bullish
- SMA 12186.14Bullish
- SMA 24194.46Bullish
- EMA 6190.84Bullish
- EMA 12190.48Bullish
- EMA 24206.57Bullish
- DEMA 6198.30Bullish
- DEMA 12183.23Bullish
- DEMA 24N/AN/A
- TEMA 6207.37Bullish
- TEMA 12N/AN/A
- TEMA 24N/AN/A
- MACDN/AN/A
- ADX31.50Strong Trend
- IndicatorValueSignal
- RSIN/AN/A
- CCIN/AN/A
- ROC 25-26.64Bearish
- ROC 50N/AN/A
- Stoch KN/AN/A
- Stoch DN/AN/A
- IndicatorValueSignal
- BB Upper238.00Neutral
- BB Middle186.02Neutral
- BB Lower134.04Neutral
- ATR45.05Low Volatility
- IndicatorValueSignal
- MFI71.67Neutral