BLS E-Services Limited

BLS E-Services Limited (BLSE) is a micro-cap Information Technology company valued at ₹2,664 crore operating in IT Enabled Services on the NSE and BSE.

Recent price move

BLS E-Services Limited last traded at ₹146.4, down 2.07% on the day.

Recent developments

2026-08-07: The company reported Q1 FY27 results showing a 25% year-over-year increase in consolidated revenue to ₹304 crore. The board also approved a 1:2 equity share split, appointed two independent directors, including former BPCL Chairman Sarthak Behuria, and announced a dividend. 2026-08-28: The company was highlighted as one of 15 mainboard IPOs that doubled investor money on listing day in the last six years.

Financial performance

The company's business is growing rapidly, with annual revenue rising 115.4% year-over-year and a three-year revenue CAGR of 66.3%. However, the net profit margin has narrowed significantly, down 5.2 percentage points to 6.2% from 11.4% in the prior year. The latest quarter saw revenue rise 24.6% compared to the same quarter a year earlier, while net profit grew 6.3%.

Valuation multiples

The stock trades at 46.3 times earnings, a premium to the Information Technology median of 20.7, 5.50 times book value. It yields 0.3%.

Things to watch

The company's net profit margin has declined sharply, narrowing 5.2 percentage points to 6.2%, which could signal pressure on profitability. The stock is currently 5.2% below its 52-week high, and the company's market cap is ₹2,898 crore, placing it in the micro-cap category. Promoter holding increased by 2.06 percentage points in the latest quarter, but the company remains almost debt-free with a debt-to-equity ratio of 0.01.

Where it stands

The company has delivered strong revenue growth, with annual revenue up 115.4% and a five-year profit CAGR of 87.4%, but its net profit margin has declined significantly. The latest quarter saw revenue rise 24.6% year-over-year, while net profit grew 6.3%. The stock is 5.2% below its 52-week high, and promoter holding increased by 2.06 percentage points in the latest quarter.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.