Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

BLS International Services Limited

NSE: BLSTour, Travel Related Services

Share price

₹215.08

-2.61% close of 8 Oct 2026

Market cap ₹8,818 CrP/E 12.5

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

79

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹8,818 Cr

P/E ratio

12.5

P/B ratio

3.6

ROCE

29.8%

ROE

32.1%

Dividend yield

1.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹347.1552-week low ₹215.08

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 31.8% over the past year, and 17.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 12.8% to 27.3% over the last four years.

Whether it grew faster than its sector

It grew 17.2% a year against a sector median of 13.9% — 3.2 percentage points faster.

Room to re-rate, or risk of de-rating

At 12.5× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 68.1×, across 5 companies. It is against its own five-year median of 36.5×, the 0th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 49%.

Profit growthPrice per ₹1 profitPer 1% growth
BLS International Services Limited — this one49%/yr12.5×₹0.25
Indian Railway Catering & Tourism12%/yr26.1×₹2.2
TBO Tek Limited19%/yr68.1×₹3.6
Waterways Leisure Tourism Limited—128.6×—
Le Travenues Technology Limited40%/yr77.9×₹1.9
Thomas Cook (India) Limited222%/yr20.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Tour, Travel Related Services), it ranks 3 of 8 on returns, 7 of 7 on growth, 2 of 8 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 29.8% on capital, ahead of 63% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹2528 crore of cash from the business and spent ₹512 crore on plant and equipment, with ₹2016 crore to spare; it still raised ₹164 crore mostly borrowed — borrowings rose from ₹11 crore to ₹431 crore. And the profit is real: of every 100 rupees it reported over 12 years, about 129 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 7 days for its cash to paid 38 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue grew 25%, while the 20%-25% growth target was replaced by a 15%-20% one.

Announced 7 Aug 2026 · Consolidated · Unaudited

Revenue

₹891 Cr

Revenue vs last year

+25.2%

Revenue vs last quarter

+9.3%

Net profit

₹202 Cr

Profit vs last year

+11.4%

Profit vs last quarter

+7.8%

Net margin

22.6%

EPS

₹4.62

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹8,818 Cr
Prev close
₹215.08
52w High
₹349
52w Low
₹212
Enterprise value
₹8,101 Cr
Beta
1.7
Price CAGR 1y
-37.0%
Price CAGR 3y
-3.0%
Price CAGR 5y
27.0%
Price CAGR 10y
18.0%

Ratios

Return on assets
19.2%
PEG ratio
0.3
P/E ratio
12.5
P/B ratio
3.6
EV / EBITDA
10.9
Industry P/E
43.9
ROCE
29.8%
ROCE 5y average
29.6%
ROE
32.1%
Debt / Equity
0.2
Interest coverage
16.0
Dividend yield
1.1%
ROE 3y average
33.0%
ROE last year
32.0%

Annual P&L

Annual revenue
₹2,998 Cr
Annual profit
₹724 Cr
Operating margin
28.0%
Net profit margin
24.1%
EBITDA margin
28.3%
Sales growth 3y
25.5%
Sales growth 5y
44.4%
Profit growth 3y
49.0%
Profit growth 5y
68.0%
EPS
₹16.7
Sales growth TTM
32.0%
Profit growth TTM
25.0%
Dividend payout
15.0%

Quarter P&L

Sales latest quarter
₹891 Cr
Profit latest quarter
₹202 Cr
YoY quarterly sales growth
25.3%
YoY quarterly profit growth
11.6%
OPM latest quarter
28.3%

Balance Sheet

Book Value
₹60.1
Face Value
₹1.0
Total debt
₹431 Cr
Total cash
₹1,182 Cr
Borrowings
₹431 Cr
Reserves / Equity
59.1

Cash Flow

Operating cash flow
₹903 Cr
Free cash flow
₹766 Cr
FCF yield
8.1%
Net cash flow
₹211 Cr

Shareholding

Promoter holding
70.4%
FII holding
4.1%
DII holding
3.1%
Public holding
22.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
I R C T C453.6526.336,2721.98329.9-0.21,369.518.146.1
TBO Tek1,704.5068.818,5150.0083.447.1925.881.118.3
BLS Internat.220.8412.99,0961.13201.611.2890.525.329.8
Waterways Leisur109.52197.77,9340.0022.8-34.5190.17.864.0
Le Travenues158.2779.76,9800.0034.270.3356.812.96.8
Thomas Cook (I)100.5421.14,7360.5063.7-0.02,091.9-13.114.9
Easy Trip Plann.5.862,3350.00-11.7-964.4134.718.40.6
Median158.2737.54,7360.0022.8-0.2190.17.818.2

Competes with: Easy Trip Planners Limited, Indian Railway Catering & Tourism, Le Travenues Technology Limited, TBO Tek Limited, Thomas Cook (India) Limited, Waterways Leisure Tourism Limited, Yatra Online Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales383408438448493495513693711737736815891
Expenses303321349357360331355519506524538611638
Material Cost318337335392402
Change in Inventories0000-0.55
Purchases of Stock-in-Trade00002.77
Employee Cost109108123125137
Other Expenses7978819497
Operating Profit80878990133164158174204213198204252
OPM %21212020273331252929272528
Other Income79915182315252519213023
Exceptional items (within Other Income)00000
Interest01012611966568
Depreciation67611141822232323232532
Profit before tax80879193135164140167200203191204236
Tax %12649101191310811814
Net Profit71828785121146128145181186170187202
EPS in Rs1.681.912.051.962.773.362.933.284.154.263.954.324.62
Diluted EPS in Rs4.154.253.954.314.60

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4505056357898047864788501,5161,6772,1932,9983,178
Expenses4204675516296937004377421,2931,3261,5452,1492,311
Material Cost1,382
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost466
Other Expenses332
Operating Profit3038841601118641108223351649849867
OPM %77132014119131521302827
Other Income003443-1519151940809593
Exceptional items (within Other Income)0
Interest217131342238475325
Depreciation56264019129718317794103
Profit before tax2431531111225548114220352606797833
Tax %11613144-4278119
Net Profit243150971055250111204326540724744
EPS in Rs0.580.751.222.362.571.281.222.724.897.60121717
Diluted EPS in Rs17
Dividend Payout %0075102010121513815

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
19%
5 years
44%
3 years
26%
TTM
32%

Compounded profit growth

10 years
36%
5 years
68%
3 years
49%
TTM
25%

Stock price CAGR

10 years
18%
5 years
27%
3 years
-3%
1 year
-37%

Return on equity

10 years
30%
5 years
31%
3 years
33%
Last year
32%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101041414141
Reserves731081552503624184505607621,1661,6902,422
Borrowings7695108381111731384431
Other Liabilities13133610166403852136378721868
Minority Interest320
Total Liabilities1031372974704754694986339451,6162,8353,762
Fixed Assets242478495141381122342961,3951,706
CWIP00003000001117
Investments2232282829247088116220352
Other Assets781111873933934004364516231,2051,2101,688
Total Assets1031372974704754694986339451,6162,8373,770

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1336485613311645185261350829903
Cash from Investing Activity-11-7-115-27-66-107-22-172-238-260-1,119-446
Cash from Financing Activity6-284-2-87-54-9-127257158-246
Net Cash Flow8271727-20-4513230347-131211
Free Cash Flow731-334515011640103193286668766

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days52349880527610892021
Cash Conversion Cycle52349880527610892021
Working Capital Days283620465151777-2-4-43-38
ROCE %3031392621112232313330

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters727272727070707070707070
FIIs7.667.567.677.408.96119.948.546.826.376.144.14
DIIs0.070.891.051.351.711.362.262.872.902.922.993.10
Public202020201917171820202022
Others0.260.110.100.070.070.060.040.030.010.020.050.04
No. of Shareholders96,1191,11,2401,44,9471,51,7091,73,6121,70,1651,87,4932,05,1272,08,7922,10,2222,18,9592,23,624

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -36.2% (₹337.30 → ₹215.08)Brick size ₹6.92 (fixed)Bricks 79
₹250₹300₹215Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹215.08 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

12,01,623inr

2026-03-31

News

News and filings about BLS International Services Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Sells to

  • Ministry of External Affairs · passport & consular application processing (Asia & North America)
  • Sopra Steria · UK visa application centre support (sub-partner)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Services
Industry
Tour, Travel Related Services
Classification
Consumer Services › Tour, Travel Related Services
ISIN
INE153T01027

Business segments

  • Visa and consular services · 61%
  • Digital services · 39%

News impact

Big market events that reach BLS International Services Limited, and how the effect spreads.

Who it hits first

  • Easy Trip Planners, which runs EaseMyTrip travel bookings, faces trouble as co-founder Nishant Pitti is chargesheeted in the Mahadev betting case.
  • The ED has provisionally frozen Rs 59.6 crore of shares in his demat account under anti-money-laundering law (PMLA).
  • The freeze creates investor worry about the founder and an overhang on EaseMyTrip shares, not a halt to bookings.

Who may gain

  • Rival online travel sites like Yatra and Ixigo could pick up flight and hotel bookings from wary EaseMyTrip users.
  • Thomas Cook, TBO Tek and other travel peers may see small share gains on sentiment.
  • EaseMyTrip shareholders lose as promoter overhang and the Rs 59.6 crore freeze weigh on the shares.

Along the supply chain

Downstream

No direct downstream link — EaseMyTrip lists no customers in this pack, and travelers shifting to rivals is a demand move, not a supply chain.

Upstream

No direct upstream link — EaseMyTrip lists no suppliers in this pack, and a promoter share freeze does not change airline or hotel supply.

Where demand moves

Business

Some travelers may shift flight and hotel bookings from EaseMyTrip to rivals like Yatra, Ixigo and Thomas Cook, a small business-demand move.

Capital

Investors are likely to avoid EaseMyTrip on governance worry and rotate spare travel exposure toward steadier peers.

How it spreads across sectors

Consumer Services

Online travel peers see only a small sentiment lift from possible booking shifts, with no broad impact on hotels, food or retail in Consumer Services.

When it plays out

Immediate

EaseMyTrip shares face selling on the chargesheet and freeze news; rivals see light sympathy bids.

Medium term

If the case drags or widens, EaseMyTrip discount persists; if ring-fenced to the founder, shares stabilize.

Short term

Court and ED next steps and any company distancing statement set whether the overhang grows or fades.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2026unspecified₹0.5
13 Feb 2026interim₹2
8 Sep 2025unspecified₹1
5 Sep 2024unspecified₹0.5
23 Feb 2024interim₹0.5
14 Sep 2023unspecified₹0.25
17 Feb 2023interim₹0.5
8 Dec 2022bonus₹0

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.