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On 6 Nov 2026, BLS E-Services was priced at ₹149.81, or 62.2× trailing earnings, against an industry P/E of 16.3×, and the shares are 12% below their 52-week high. It earns ROCE of 16% and ROE of 13%, and sales and net profit grew 66% and 45% a year over 3 years. It has almost no debt, and its dividend yield is 0.3%. It is a small-cap company with a market cap of ₹2,719 Cr, ranked 7th of 52 Specialty Business Services companies by market cap; the shares rose 45% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹147.10
Day high
₹150.49
Day low
₹145.50
Prev. close
₹147.15
Volume
2.4 L

Health check

2 good · 2 fair · 2 to check
  • ReturnsAhead

    +45.5% over a year, better than 6 of 7 peers.

  • Price tagPricier

    P/E 62.2 vs industry 16.3.

  • GrowthSteady

    Sales +66.3%, profit +44.9% a year over 3 years.

  • ProfitabilityAverage

    ROCE 16.3% vs peer median 16.6%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 7 of 9.

  • Red flags1 to check

    P/E of 62.2 against an industry P/E of 16.3.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Business Services

51 listed peers. Screen the industry

Small cap

₹2,719 Cr, #7 of 52 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹1,328 Cr · profit ₹60 Cr
Market cap
₹2,719 Cr
Small cap
P/E
62.2
Industry 16.3
Price to book
4.90
Peers 3.44
Dividend yield
0.33%
ROE
12.6%
Peers 15.5%
ROCE
16.3%
Peers 16.6%
Debt to equity
0.01
Debt ₹7.56 Cr
EPS (TTM)
₹2.41
Face value ₹5
OPM (TTM)
6.5%
Net margin 4.5%
Sales growth
+57.3%
Latest quarter vs a year ago
Profit growth
+12.5%
Latest quarter vs a year ago
Price to sales
2.05
EV/EBITDA 30.9

Strengths and risks

Strengths

  • Practically debt-free.
  • Quarterly sales up 57.3% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • P/E of 62.2 against an industry P/E of 16.3.

Derived automatically from reported figures. Not a recommendation.

About BLS E-Services

BLS E-Services Limited, a technology enabled digital service company, provides assisted E-services and E-governance services in India. The company act as business correspondents to provide banking products and services on behalf of banks to people, such as opening savings, recurring deposit accounts, cash deposits, withdrawals, remittance, transfer, and bill collection services, etc; and value added services through BLS touchpoints, including PoS…

Headquarters
Gurugram
Employees
1,900
Sector
Industrials
ISIN
INE0NLT01028

Price range

52 weeks

₹62.15₹169.90

Today

₹145.50₹150.49
Avg volume (3M)
6.8 L
1-year return
plus 45.5%
From 52-week high
minus 11.8%

Peers · Specialty Business Services

Company
BLSBLS International Services223.35minus 1.55%9,19212.93.7326.1%32.7%26.4%25.5%50.7%1.14%minus 29.5%
PDSLPDS403.90plus 0.45%5,70448.73.2316.6%6.6%2.9%6.9%−25.0%0.92%plus 6.5%
FUSIONCXFusion CX270.70minus 2.70%3,90818.15.5233.0%37.0%11.9%21.0%68.1%0.00%minus 6.5%
CMSINFOCMS Info Systems215.99minus 0.62%3,45712.21.4616.2%12.9%25.0%9.1%0.7%2.31%minus 40.0%
JAYKAYJaykay Enterprises201.05minus 4.29%3,03313.94.0830.6%40.5%10.7%72.2%220.1%0.00%minus 5.0%
LORDSMARKLord's Mark Industries70.61minus 0.51%3,01235.12.857.0%15.5%13.2%1716.6%–0.00%minus 88.9%
BLSEBLS E-Services149.81plus 1.81%2,71962.24.9016.3%12.6%6.7%66.3%44.9%0.33%plus 45.5%
BLUSPRINGBluspring Enterprises156.12minus 5.96%2,33480.93.441.0%−2.3%2.5%––0.00%plus 112.4%
Median of 7 peers–−1.55%3,45718.13.4416.6%15.5%11.9%23.3%50.7%0.00%−6.5%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
270281323304424
250264303283396
2016.720.521.228.8
7.4%5.9%6.3%7.0%6.8%
6.365.55.73.7
0.20.20.10.10.2
1.51.61.81.45.9
24.6212425.326.4
25.7%27.3%24.1%26.4%22.2%
15.412.614.715.317.4
0.420.690.810.840.48

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+66.3%
Profit CAGR 3Y
+44.9%
EPS CAGR 3Y
+44.9%
ROE
12.6%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2433015191,118
–+24.0%+72.3%+115.2%
2092594591,043
33.74260.275.2
13.9%13.9%11.6%6.7%
2.67.722.716.1
3.80.80.70.7
2.83.46.26.3
−2.80.13.28.5
2745.779.192.9
24.6%26.6%25.7%25.5%
18.931.452.657.5
–+66.3%+67.4%+9.4%
1.042.222.903.17

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
66.790.990.990.9
40.2340392432
5.27.37.16.1
67.371.2214233
179510704762
611.422.827.6
––10.714.8
7.290.11875.8
42.9265200387
123143283326
179510704762

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
28.919.767.350.7
−65.6−295−22.7−14.3
46.4290−4.3−19.2
9.714.640.317.3
−0.9−4.6−13.1−8.8
281554.241.9
–––−13.6

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you