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BLS E-Services Ltd share Price Today

Company details

263.30
272.00
221.25
423.70
6M Return 0.00%
1Y Return -27.72%
Mkt Cap.(Cr) 2,403.50
Volume 189,165
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 189,165

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Commercial Services company BLS E-Services announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Total Revenue grew by 6.9% YoY, to Rs 78.7 crore, as compared to Rs 73.6 crore in Q4FY23 
  • EBITDA at Rs 16.0 crore, as against Rs 13.1 crore in Q4FY23; up by 21.8% YoY; EBITDA Margin stood at 20.3% as compared to 17.8% in Q4FY23, an expansion of 248 bps
  • PBT before exceptional items stood at Rs 14.4 crore, up 24.6% from Rs 11.6 crore in Q4FY23 

FY24 Financial Highlights:

  • Total Revenue increased by 25.7% YoY to Rs 309.6 crore as against Rs 246.3 crore in FY23
  • EBITDA at Rs 49.9 crore as against Rs 36.3 crore in FY23, up by 37.6%; EBITDA margin at 16.1% in FY24 as against 14.7% in FY23, expanded by 139 bps
  • PBT before exceptional items in FY24 grew robustly by 54.5%, at Rs 45.7 crore, as compared to Rs 29.6 crore
  • PAT in FY24 grew by 65.0%, at Rs 33.5 crore, as compared to Rs 20.3 crore; PAT Margin at 10.8% in FY24, expanded by 258 bps, from 8.3% in FY23

Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS EServices Ltd. said: “We are pleased to announce the financial performance in FY24, marked by a significant growth in Total Revenue and PAT, which increased strongly by 25.7% and 65.0% respectively. During the year, we have also increased our reach and network to over 100,000 Touchpoints and more than 1,000 BLS Stores. We are ushering in an era of unparalleled financial inclusion and digital empowerment, as evidenced by our transformative initiatives across various sectors. Our collaboration with the National Health Authority for the Ayushman Bharat Quality Check (QC) in Uttar Pradesh, under the visionary National Digital Health Mission, heralds a new chapter in healthcare accessibility.

Similarly, our partnership with Public and Private Sector Banks through initiatives like ‘Har Ghar Suraksha,' a social security campaign by the Department of Financial Services and PSU banks, and the 'DSB Dastak' campaign, part of the EASE 2.0 quidelines, is a testament to our commitment to bringing banking services to every doorstep.

From facilitating over 133 million transactions worth more than Rs 72,700 crore this year through our 21,000 BC Centers, we have generated leads of over Rs 580 crore of loans & deposits in a quarter for our partners in the private sector banking space through our Business Facilitator model, a testament to our competitive edge.

As we forge ahead, our focus remains on expanding our network and reach through our BCs and digital stores, invest in building an advanced digital infrastructure which can withstand the quantum of transactions being envisaged given the trajectory of our economy. We would like to set new industry benchmarks and create a more equitable and sustainable future for all.”

Result PDF

View Other Company Results

BLS E-Services Ltd shares SWOT Analysis

Strengths (5)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Weakness (1)

  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (0)

Data not found

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 269.9
R2 275.3
R3 278.6
Pivot

266.61

S1 261.2
S2 257.9
S3 252.5
EMA SMA
262.5
281.8
-
-
259.5
283.6
-
-
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
COLUMBIA PETRO CHEM PRIVATE LIMITED Bulk Purchase 2024-03-06 326.04 866000 NSE
CITADEL SECURITIES INDIA MARKETS PRIVATE LIMITED Bulk Purchase 2024-03-06 328.78 493132 NSE
SW CAPITAL PRIVATE LIMITED Bulk Purchase 2024-03-06 327.55 404876 NSE
Name Category Shares
DIWAKAR AGGARWAL PROMOTER 9.47%
SHIKHAR AGGARWAL . PROMOTER 6.99%
KARAN AGGARWAL PROMOTER 1.49%
BLS INTERNATIONAL SERVICES LIMITED PROMOTER 50.91%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

BLS E-Services Ltd Stocks COMPARISON

Financials( in Cr) BLS E-Services Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 264.54 3,832.05 1,488.90 1,431.05 477.50
% Change -1.59 -1.19 -0.34 -0.91 -1.06
Mcap Cr 2,403.50 1,386,469.41 618,022.59 388,339.03 249,500.34
Revenue TTM Cr 243.06 240,893.00 153,670.00 101,456.00 90,487.60
Net Profit TTM Cr 20.33 46,099.00 26,248.00 14,845.00 11,366.50
PE TTM 76.60 29.75 23.75 24.73 22.60
1 Year Return -27.72 18.14 14.11 26.50 20.72
ROCE 43.34 62.85 44.74 27.62 17.11
ROE 33.33 51.04 37.12 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 106.94 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,088.77 -1,030.79
LAST 3M 113,155.52 -39,495.50
LAST 6M 184,812.44 -13,263.60
LAST 12M 291,038.85 99,015.20

BLS E-Services Ltd Information

Stock PE (TTM)
76.6
Promoter Holding
68.89%
Book Value
47.4503
ROCE
43.34%
ROE
33.33%
Description
  • BLS E-Services Ltd was incorporated in New Delhi, as `BLS E-Services Private Limited`, a Private Limited Company, pursuant to a Certificate of Incorporation dated April 12, 2016, issued by the Deputy Registrar of Companies, Central Registration Centre. Thereafter, the Company was converted to a Public Limited Company, and the name of Company changed to `BLS E-Services Limited`, through a fresh Certificate of Incorporation dated April 10, 2023, issued by the Registrar of Companies, NCT of Delhi and Haryana. BLS E-Services are a leading technology enabled digital service provider, providing (i) Business Correspondents services to major banks in India, (ii) Assisted E-services; and (iii) E-Governance Services at grass root levels in India. Through their robust network, the Company provide access points for delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural and banking services to governments (G2C) and businesses (B2B) alike apart from a host of B2C services to citizens in urban, semi-urban, rural and remote areas where penetration of internet is low and citizens need assistance in availing basic technology enabled services. As a part of operations, the Company act as Business Correspondents to provide banking products and services on behalf of banks to people while performing services including opening savings, recurring deposit accounts, cash deposits, withdrawals, remittance, transfer, bill collection services. It provide assisted e-services through retailers and digital stores also known as BLS Touchpoints, including PoS services, ticketing services, assisted e-commerce services, etc. Thereafter, it facilitate delivery of various e-governance initiatives of the State Governments in India by providing various Information Communication Technology (ICT) enabled citizen centric services through their merchants also known BLS Touchpoints to the citizens. E-governance services enable the provision of citizen-centric and front-end services through BLS Touchpoints ranging from birth and death certificates, PAN and Aadhar registrations, property registrations, and other citizen centric services. The merchants interface with the consumers and play a critical role in delivery of goods and services. Presently, merchants are organised in two categories i.e. BLS Touchpoints and BLS Stores. All merchants registered as BLS Touchpoints have access to offer multiple services. BLS Stores are BLS branded stores which offer entire suite of offerings to consumers including availability of select goods on a sample basis which can be ordered and procured by consumers. As on March 31, 2023, the Company has 92,427 BLS Touchpoints and 402 BLS Stores. The Company acquired subsidiaries, Starfin India in Aug` 18 and Zero Mass in Jun` 22. Further, it acquired BLS Kendras Private Limited, which had 365 Sewa Kendras, in the State of Punjab. To conclude, the Company increases the scope of business for merchants, promote sustainable livelihoods and economic self-reliance for women, rural poor and unbanked by linking them to banking, financial and insurance services and promoting financial, social and digital inclusion. The Company is planning an Initial Public Offer of issuing 2,41,30,000 Equity Shares through Fresh Issue.

Registered Address

G-4B-1 Extn Mohan Co-operative, Indl Estate Mathura Rd Delhi S, Delhi, New Delhi, 110044

Tel : +91-11-45795002
Email : cs:blseservices.com
Website : http://www.blseservices.com
Registrar

KFin Techologies Ltd

AGM Date (Month) :
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 544107
NSE Code : BLSE
Book Closure Date (Month) :
BSE Group : B
ISIN : INE0NLT01010

FAQ’s on BLS E-Services Ltd Shares

You can buy BLS E-Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy BLS E-Services Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:52 PM the closing price of BLS E-Services Ltd was Rs.264.54.

The latest PE ratio of BLS E-Services Ltd as of Jun 14, 2024 03:52 PM is 76.60

The latest PB ratio of BLS E-Services Ltd as of Jun 14, 2024 03:52 PM is 0.18

The 52-week high of BLS E-Services Ltd share price is Rs. 423.70 while the 52-week low is Rs. 221.25

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:52 PM, the market cap of BLS E-Services Ltd stood at Rs. 2,403.50.

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