BLSConsumer Services

BLS International Services Limited

Tour, Travel Related Services · ISIN INE153T01027 · BSE 540073 · NSE EQ · FV ₹1
Last price
₹228
+0.44%today
What this company does

BLS International Services Limited operates in Tour, Travel Related Services, part of the Consumer Services sector. It booked ₹891 cr of revenue in its latest quarter (Q1 FY27) and kept 21.3% of sales as profit. It is the 3rd largest of 8 Tour, Travel Related Services companies we track, by market value.

The Company is primarily engaged in business of providing outsourcing and administrative task of Visa, Passport and Consular services to various Diplomatic Missions across the world.
In the report:
81out of 100
Equitytale Health Score
Fortress

Healthier than 81% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 16–46 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
35

At close. Not part of the score.

Profitability & returns85

How much profit it earns on the money it employs

Balance sheet73

How much it owes, and whether earnings cover the interest

Cash quality67

Whether reported profit actually arrives as cash

Growth & consistency77

Whether sales and profit have grown, and how steadily

Valuation91

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 21% net margin
Sales up 25% vs last year
Profit up 11% vs last year
Promoters hold 70%
No promoter shares pledged
Strong 31% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in BLS?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹228 +0.44%
latest close · 2026-09-17
1-year return
+353.9%
52-wk low ₹4552-wk high ₹283
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.3Low
LowAverageHigh
P/B ratio3.81High
Below bookModerateHigh
EV / EBITDA8.3Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity30.9%Strong
WeakFairStrong ▸15%
Return on capital31.0%Strong
WeakFairStrong
Net margin21.3%Strong
ThinDecentStrong
EBITDA margin30.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover31.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.91Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹9,377 cr
Book value
₹60
EPS
₹4.62
latest quarter
Net debt
₹-264 cr
more cash than debt
Enterprise value
₹9,113 cr
EBITDA
₹1,100 cr
annualised
EBIT
₹974 cr
annualised
Operating margin
27.3%
Return on assets
20.2%
Earnings yield
8.11%
P/S
2.63
Sales / share
₹86.5
Tax rate
14.4%
Face value
₹1
Shares
41.2 cr
Working capital
₹1,201 cr
Current assets
₹1,829 cr
Current liabilities
₹628 cr
Delivery %
44.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹135₹142, midpoint ₹138

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹891 cr
Other Income₹23 cr
Total Income₹913 cr
Cost of Materials₹402 cr
Purchases of Stock-in-Trade₹3 cr
Inventory Change (±)₹-54.6 L
Employee Benefit Expense₹137 cr
Finance Costs₹8 cr
Depreciation & Amortisation₹32 cr
Other Expenses₹97 cr
Total Expenses₹678 cr
Profit before Tax₹236 cr
Tax Expense₹34 cr
Net Profit₹202 cr
Net margin on total income22.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹404 cr44.3%
Employee benefit expense₹137 cr15.0%
Finance costs₹8 cr0.8%
Depreciation & amortisation₹32 cr3.5%
Other expenses₹97 cr10.6%
Tax expense₹34 cr3.7%
Profit for the period₹202 cr22.1%
Total income ₹913 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue736 cr815 cr891 cr
Total income757 cr845 cr913 cr
Expenses567 cr641 cr678 cr
Profit before tax191 cr204 cr236 cr
Tax20 cr17 cr34 cr
Net profit (owners' share)163 cr178 cr190 cr
Net margin (owners' share, on revenue)22.1%21.8%21.3%
EPS (₹)3.954.324.62
YoY (latest quarter): total income +24.1% · net profit +11.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹3,770 cr
Shareholder equity
₹2,463 cr
parent shareholders
Total debt
₹231 cr
Cash
₹494 cr
Cash flow · H1 FY26
Operating
₹515 cr
Investing
₹-385 cr
Financing
₹-91 cr
Peer comparison
Tour, Travel Related Services · by market value
CompanyPriceMarket capP/E
Indian Railway Catering And Tourism Corporation Limited₹457₹36,560 cr27.7
TBO Tek Limited₹1,648₹17,892 cr53.0
BLS International Services Limitedthis company₹228₹9,377 cr12.3
Le Travenues Technology Limited₹160₹7,022 cr54.8
Thomas Cook (India) Limited₹103₹4,865 cr16.8
Easy Trip Planners Limited₹6₹2,307 cr
Yatra Online Limited₹104₹1,634 cr1,302.0
Waterways Leisure Tourism Limited₹110₹794 cr7.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.10%
trailing 12 months
Dividend / share (TTM)
₹2.5
Last dividend
₹0.5
ex 16 Sep 2026
ActionDetailEx-date
Dividend₹0.5 / share16 Sep 2026
Dividend₹2 / share13 Feb 2026
Dividend₹1 / share8 Sep 2025
Dividend₹0.5 / share5 Sep 2024
Dividend₹0.5 / share23 Feb 2024
Dividend₹0.25 / share14 Sep 2023
Who owns it · 2026-06-30
No pledge
Promoter
70.4%
FII / Foreign
4.1%
DII / Domestic
3.1%
Retail / others
22.3%
Promoter stake down 1.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPreeti Mahendra Dudhediya · Immediate relative2,500 · ₹9.6 L29 Nov 24
SoldBLS International Employees Welfare Trust · Other28,000 · ₹8.5 L9 Nov 23
SoldBLS International Employees Welfare Trust · Other24,000 · ₹7.3 L9 Nov 23
Bulk / block deals
short · NSE218 Aug 26
short · NSE117 Aug 26
short · NSE114 Aug 26
Stake changes
SoldDiwakar AggarwaL · promoter→ 5.77% · 1.12 cr18 May 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 20 Mar 2026
See the official result
1
Approval for Payment of Commission to Non-Executive Independent Directors of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
1.46 cr votes for, 53,093 against · 0% of mutual funds and other big investors said no
2
Place for keeping of Registers and Returns at any place other than the Registered Office of the Company
Backed by 96% of shareholders other than promotersneeded 75%
1.40 cr votes for, 6.29 L against · 4% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 132 named members
owning 70.4% between them · as of 2026-06-30
Diwakar Aggarwal5.76%
Azadpur Finvest Private Limited4.92%
GRB Finvest Private Limited4.86%
Hawai Capital Private Limited4.86%
Hillman Properties Private Limited4.86%
Intime Finance and Investment Private Limited4.86%
V.S. Estates Private Limited4.86%
Wonder Rock Finance and Investment Private Limited4.86%
Business done with them
FY2025 · 4 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 0.3% of its ₹2,193 cr revenue.
DIWAKAR AGGARWAL
Leases As Lessee
also owns 5.76% of the company
₹7 cr
company received
Shikhar Aggarwal
Other payments to them
also owns 1.92% of the company
₹4 cr
company paid
DIWAKAR AGGARWAL
Other payments to them
also owns 5.76% of the company
₹2 cr
company paid
Riya Aggarwal
Leases As Lessee
₹36 L
company received
DIWAKAR AGGARWAL
Paid them for services
also owns 5.76% of the company
₹23.1 L
company paid
Sushil Aggarwal
Leases As Lessee
also owns 2.43% of the company
₹1.2 L
company received

The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.