BLS E-Services Ltd (BLSE) — shareholding pattern, promoter holding, financials and share price
About BLS E-Services Ltd (BLSE)
BLS E-Services Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as BLSE and on the BSE under scrip code 544107. Its ISIN is INE0NLT01010.
Incorporated in 2016, BLS-E Services Ltd provides Digital Services including E-Governance, Business Correspondent and allied services [1]
BLS E-Services Limited is a technology-enabled provider of last-mile financial inclusion, assisted e-services and e-governance delivery, operating an asset-light merchant network of BLS Touchpoints, BLS Stores and Business Correspondents to deliver banking, government and consumer services across urban, semi-urban and rural India.
Scale and rapid revenue acceleration are notable: consolidated total income jumped to Rs. 286.7 crore in Q3FY26 (115.5% YoY) and 9MFY26 total income reached Rs. 813.9 crore (171.5% YoY), driven by expansion of the BC segment and consolidation of Aadifidelis Solutions into BLS E-Services’ financials.
Listed peers in IT Enabled Services: R Systems International Ltd, Zaggle Prepaid Ocean Services Ltd, Protean eGov Technologies Ltd, Brightcom Group Ltd, Kody Technolab Ltd, Dynacons Systems & Solutions Ltd.
Valuation & Returns
10 Jul 2026At ₹263.25 a share on 10 Jul 2026, BLS E-Services Ltd (BLSE) was valued at a price-to-earnings ratio of 34.53x against an industry P/E of 30.35x and a price-to-book of 4.95x on a book value of ₹53.13 per share as of Mar 2025. Solomo computes return on equity of 14.35% and return on capital employed of 19.11% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 34.53x
- Industry P/E
- 30.35x
- P/B
- 4.95x
- EPS (TTM)
- ₹7.62
- Book value / share
- ₹53.13
- ROE
- 14.35%
- ROCE
- 19.11%
- ROA
- 10.3%
- Debt / equity
- 0.01x
- Dividend yield
- 0.57%
- EBITDA margin
- 8.93%
- 52-week range
- ₹124.25 – ₹285.25
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, BLS E-Services Ltd (BLSE) reported revenue of ₹1,118 crore, net profit of ₹69 crore and earnings per share of ₹6.33. That compares with revenue of ₹519 crore and net profit of ₹59 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹323 crore and net profit ₹18 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 97 | 243 | 301 | 519 | 1,118 |
| Net profit (₹ cr) | 5 | 20 | 34 | 59 | 69 |
| EPS (₹) | 5,380 | 2.83 | 3.46 | 5.78 | 6.33 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 134.43% | 86.42% | 72.27% |
| Profit growth | - | - | 75.34% |
| Stock price CAGR | - | - | 43% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 71.87% of BLS E-Services Ltd (BLSE) (up 2.06 pp QoQ), foreign institutional investors (FII) hold 0.64% and domestic institutional investors (DII) hold 0.02%. Market capitalisation was ₹2,392 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2024.
Largest disclosed public shareholders in Jun 2026: SUNABH CONSULTANCY PVT LIMITED 4.55%, SUKH BUILDWELL PRIVATE LIMITED 1.33%, 1 DANTA CONSULTANTS 1.09%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 71.87% | - | 0.64% | 0.02% | 27.9% |
| Mar 2026 | 69.81% | - | 0.45% | 0.01% | 29.97% |
| Dec 2025 | 68.89% | - | 0.99% | 0.11% | 30.89% |
| Sep 2025 | 68.89% | - | 0.21% | 0% | 31.11% |
| Jun 2025 | 68.89% | - | 0.25% | 0% | 31.11% |
| Mar 2025 | 68.89% | - | 0.42% | 0.02% | 31.11% |
| Dec 2024 | 68.89% | - | 0.78% | 0.02% | 31.11% |
| Sep 2024 | 68.89% | - | 1.42% | 0.01% | 31.11% |