IP
IndiaPulse

BLSE

Small Cap

BLS E-Services Limited

IT

BLS E-Services Limited operates in ITeS, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹231.23
+3.70 · +1.63%
Quote09 Jun, 10:02 am
Fundamentals08 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust is supportive, price trend is neutral, and recent execution is consistent.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
WATCHLIST
45

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
81

low confidence · 0/0 claims checked

Technical
Neutral
55

Timing lens: price trend and sector relative strength.

Result consistency
stable
79

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Average · 42/100

margin compression · Rev +35% YoY · PAT +6% YoY · +15% QoQ

Filed 18 May 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹323 Cr+35.1%+14.9%
EBITDA₹20 Cr+5.3%+17.6%
Operating margin6.0%-200 bps+0 bps
PAT₹18 Cr+5.9%+20.0%
PAT margin5.6%-154 bps+23 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

BLS E-Services Limited operates in ITeS, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

55Neutral

SMA20 +17.0% / mo · near 52W high

Stock trend: 60
Sector RS: 48
Sector 3M: -0.2% vs Nifty +0.1%

Technical chart

BLSEweekly · 6M+6.4%
Latest close ₹231.23 on 2026-06-09
Bar
+1.2%
RSI
65
MACD hist
1.20
52W pos
95%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹119₹150₹181₹212₹24352H52L2025-122026-03Vol2025-122026-022026-042026-052026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Neutral

Trend is undirectional — long-term trend unclear. RSI 65.

  • RSI(14) at 65 — rising, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • Within 3% of 52-week high — testing resistance.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

45U-SCORE
Financial Turnaround

Fundamental score breakdown

WATCHLIST
Valuation2/30
Growth18/25
Quality3/20
Balance Sheet13/15
Cash Flow5/10
Piotroski
7/9 (+5)
Penalties
-1
Raw sum
45

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

45/100 · WATCHLIST

Positive drivers

  • Piotroski is strong at 7/9.
  • Balance sheet contributes 13/15 to the score.
  • Growth contributes 18/25 to the score.

Main drags

  • Penalty bucket subtracts 1 points.
  • Fair-value margin of safety is negative at -1.5%.
  • Valuation is weaker at 2/30; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
36.0
PB
4.0
EV/EBITDA
25.6
ROE
11.4%
ROCE
17.0%
FCF Yield
1.8%
Debt/Equity
0.0
MoS
-1.5%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
45
Previous: 47 (-2)
Verdict
WATCHLIST
Previous: FAIR VALUE
Margin of safety
-1.5%
Previous: +0.4%

Score history

12 stored score snapshots. Latest stored move: +2 points.

08 Jun 2026
v4.2-nightly
49
49
48
48
48
48
48
48
45
45
45
47

Factor attribution

Valuation
2-2
was 4
Trust Score
81Healthy Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Healthy Trust: Claim history is still being built. It ranks around the 93rd percentile of the scored universe and 90th percentile within IT. No major sub-score weakness stands out.

High Trust Lite: Promoter holding is 69.8%.

Computed 22 May 2026
trust-lite-v1
0 docs indexed · 0 concall links
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
93rd percentile

overall median 67 · IT: 90th pctile, median 68 · Small: 96th pctile, median 65

Evidence depth
Financial-only

0 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Healthy Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
79
strong · quarterly consistency

Trust positives

  • Promoter holding is 69.8%.
  • Promoter pledge is zero.
  • FCF yield is positive at 2%.
  • 4 years of positive FCF.

Trust risks

  • No major Trust Lite risk flags.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹90.5
-155.5% MoS
DCF Fair PE
36.0
DCF Fair Value
₹227.88
-1.5% MoS
PEG
0.56

Fundamentals

Valuation

P/E
36.00
P/B
3.97
EV/EBITDA
25.59
Market Cap
2067.00Cr

Profitability

ROE
11.40%
ROCE
17.00%
ROA
9.06%
Dividend Y
0.44%

Growth (CAGR)

Revenue 5Y
77.00%
EPS 5Y
79.00%
Revenue 3Y
66.00%
EPS 3Y
41.00%

Balance Sheet

Debt/Equity
0.01
Interest Coverage
75.00×
Altman Z
8.02
Book Value
57.50

Cash Flow

FCF Yield
1.79%
FCF Positive Y
4/5
OCF
51.00 Cr
EPS TTM
6.33

Shareholding

Promoter Hold
69.81%
Promoter Pledge
0.00%
Momentum 52W
92%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
Latest: 1,118+115.4% vs prev
01118Mar 2021: 64.0Mar 2022: 97.0Mar 2023: 243Mar 2024: 301Mar 2025: 519Mar 2026: 1,118FY21FY22FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 69.0+16.9% vs prev
069.0Mar 2021: 3.0Mar 2022: 5.0Mar 2023: 20.0Mar 2024: 34.0Mar 2025: 59.0Mar 2026: 69.0FY21FY22FY23FY24FY25FY26

Return on Equity

%
Latest: 13.2+7.9% vs prev
033.3Mar 2021: 30.0%Mar 2022: 33.3%Mar 2023: 18.7%Mar 2024: 7.9%Mar 2025: 12.2%Mar 2026: 13.2%FY21FY22FY23FY24FY25FY26
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.