Financials BLS International Services Limited

Equities

BLS

INE153T01027

Business Support Services

Market Closed - NSE India S.E. 07:43:47 2024-04-26 am EDT 5-day change 1st Jan Change
329.4 INR -1.27% Intraday chart for BLS International Services Limited +2.03% +3.13%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 11,889 11,777 2,986 9,446 24,073 68,045
Enterprise Value (EV) 1 11,783 10,545 773.4 6,792 21,131 63,721
P/E ratio 12.3 x 11.2 x 5.7 x 18.8 x 21.7 x 33.9 x
Yield 0.43% 0.87% 3.43% 0.54% 0.64% 0.45%
Capitalization / Revenue 1.5 x 1.47 x 0.38 x 1.97 x 2.8 x 4.49 x
EV / Revenue 1.49 x 1.31 x 0.1 x 1.42 x 2.46 x 4.2 x
EV / EBITDA 7.41 x 9.91 x 0.93 x 17.2 x 18.1 x 28.4 x
EV / FCF 114 x 23.2 x 1.05 x 17.5 x 35.1 x 71.4 x
FCF Yield 0.88% 4.31% 95.4% 5.73% 2.85% 1.4%
Price to Book 4.56 x 3.17 x 0.7 x 2.05 x 4.23 x 8.47 x
Nbr of stocks (in thousands) 409,800 409,800 409,800 409,800 409,149 410,649
Reference price 2 29.01 28.74 7.288 23.05 58.84 165.7
Announcement Date 5/23/18 8/31/19 8/29/20 8/31/21 8/31/22 8/29/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 7,917 8,038 7,929 4,784 8,594 15,162
EBITDA 1 1,590 1,064 834.4 393.8 1,166 2,247
EBIT 1 1,221 945.9 789.8 303.4 1,108 2,098
Operating Margin 15.42% 11.77% 9.96% 6.34% 12.89% 13.84%
Earnings before Tax (EBT) 1 1,108 1,217 548.2 483.7 1,140 2,205
Net income 1 965.4 1,052 524.3 501.5 1,113 2,008
Net margin 12.19% 13.09% 6.61% 10.48% 12.95% 13.24%
EPS 2 2.355 2.568 1.279 1.224 2.715 4.889
Free Cash Flow 1 103.4 454.9 737.9 389 601.7 892.8
FCF margin 1.31% 5.66% 9.31% 8.13% 7% 5.89%
FCF Conversion (EBITDA) 6.5% 42.76% 88.43% 98.77% 51.61% 39.73%
FCF Conversion (Net income) 10.71% 43.24% 140.75% 77.56% 54.08% 44.47%
Dividend per Share 2 0.1250 0.2500 0.2500 0.1250 0.3750 0.7500
Announcement Date 5/23/18 8/31/19 8/29/20 8/31/21 8/31/22 8/29/23
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 - 3,568 4,379 4,486
EBITDA - - 663 -
EBIT 1 - 528 624.1 585.4
Operating Margin - 14.8% 14.25% 13.05%
Earnings before Tax (EBT) 1 - 562.2 447 871.6
Net income 1 304.7 503.7 507 692.1
Net margin - 14.12% 11.58% 15.43%
EPS 2 - 1.230 1.230 1.690
Dividend per Share - - - -
Announcement Date 8/5/22 11/7/22 2/6/23 5/11/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 106 1,231 2,213 2,654 2,943 4,324
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 103 455 738 389 602 893
ROE (net income / shareholders' equity) 45.3% 33.2% 13.1% 11.3% 21.6% 29%
ROA (Net income/ Total Assets) 19.9% 12.5% 10.5% 3.92% 12.2% 16.6%
Assets 1 4,847 8,429 5,016 12,794 9,090 12,085
Book Value Per Share 2 6.360 9.080 10.50 11.20 13.90 19.60
Cash Flow per Share 2 2.120 1.640 0.5400 0.8600 0.9000 1.630
Capex 1 68.2 126 149 48.1 674 345
Capex / Sales 0.86% 1.57% 1.88% 1.01% 7.85% 2.27%
Announcement Date 5/23/18 8/31/19 8/29/20 8/31/21 8/31/22 8/29/23
1INR in Million2INR
Estimates
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