BLS E-Services Limited · CashKonnect

About

BLS E-Services Limited, a technology enabled digital service company, provides assisted E-services and E-governance services in India. The company act as business correspondents to provide banking products and services on behalf of banks to people, such as opening savings, recurring deposit accounts, cash deposits, withdrawals, remittance, transfer, and bill collection services, etc; and value added services through BLS touchpoints, including PoS services, ticketing services, and assisted e-commerce services. It also operates a network of access points that offers delivery of essential public utility, social welfare scheme, healthcare, financial, educational, agricultural, and banking services to governments and businesses to citizens in urban, semi-urban, rural, and remote areas. In addition, the company offers E-Services through retailers and digital stores; and facilitate delivery of various e-governance initiatives of the State Governments in India by providing various information communication technology enabled citizen centric services. The company was formerly known as BLS E-Services Private Limited and changed its name to BLS E-Services Limited in April 2023. BLS E-Services Limited was incorporated in 2016 and is based in Gurugram, India. BLS E-Services Limited operates as a subsidiary of BLS International Services Limited.

Key Metrics

as of Sep 2026

Market Cap2,908 Cr

P/E50.00

Div Yield0.31 %

Book Value₹57.50

52w High₹331.00

52w Low₹124.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	18.58	26.06	22.57	23.82	14.89	15.69	21.37	18.08	11.68	13.61	8.21	10.13	7.72
Expenses	16.05	22.65	19.63	20.73	13.18	15.84	11.58	11.34	7.54	7.97	6.52	7.39	7.23
Operating Profit	2.53	3.41	2.94	3.09	1.71	-0.15	9.79	6.74	4.14	5.64	1.69	2.74	0.49
OPM %	13.62	13.09	13.03	12.97	11.48	-0.96	45.81	37.28	35.45	41.44	20.58	27.05	6.35
Other Income	2.64	3.08	2.84	3.76	3.71	3.49	4.53	5.50	5.51	3.37	0.06	0.01	0.00
Depreciation	0.45	0.30	0.20	0.20	0.16	0.21	0.19	0.17	0.11	0.07	0.05	0.04	0.05
Interest	0.08	0.05	0.05	0.01	0.05	0.25	0.55	0.67	0.71	0.93	0.78	0.79	0.77
Profit before tax	4.64	6.14	5.53	6.64	5.21	2.88	13.58	11.40	8.83	8.01	0.92	1.92	-0.33
Tax %	25.86	25.90	26.76	25.00	25.34	25.35	25.26	25.09	25.37	24.59	23.91	20.83	203.03
Net Profit	3.44	4.54	4.06	4.98	3.89	2.16	10.15	8.54	6.59	6.04	0.70	1.52	-1.00
EPS in Rs	0.38	0.50	0.45	0.55	0.43	0.24	1.12	0.94	0.73	0.66	0.10	0.23	-0.15

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Sales	87.00	67.00	40.00	21.00	10.00	2.00	1.00
Expenses	76.00	46.00	29.00	11.00	19.00	2.00	3.00
Operating Profit	11.00	21.00	11.00	10.00	-9.00	0.00	-2.00
OPM %	13.00	31.00	27.00	47.00	-83.00	-11.00	-193.00
Other Income	13.00	19.00	3.00	-2.00	0.00	2.00	1.00
Interest	0.00	2.00	3.00	6.00	1.00	1.00	2.00
Depreciation	1.00	1.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	24.00	37.00	11.00	2.00	-9.00	1.00	-3.00
Tax %	26.00	25.00	31.00	36.00	-29.00	0.00	0.00
Net Profit	17.00	27.00	7.00	1.00	-7.00	1.00	-3.00
EPS in Rs	1.92	3.02	0.80	0.15	-6,530.00	860.00	-2,570.00
Dividend Payout %	52.00	33.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Equity Capital	91.00	91.00	91.00	67.00	0.01	0.01	0.01
Reserves	332.00	328.00	302.00	26.00	8.00	14.00	13.00
Borrowings	11.00	4.00	32.00	35.00	7.00	11.00	12.00
Other Liabilities	37.00	59.00	17.00	12.00	5.00	7.00	6.00
Total Liabilities	470.00	482.00	442.00	139.00	20.00	32.00	31.00
Fixed Assets	4.00	1.00	1.00	0.00	0.00	0.00	0.00
CWIP	15.00	11.00	0.00	0.00	0.00	0.00	0.00
Investments	245.00	252.00	131.00	131.00	13.00	13.00	12.00
Other Assets	207.00	217.00	310.00	8.00	7.00	20.00	19.00
Total Assets	470.00	482.00	442.00	139.00	20.00	32.00	31.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Cash from Operating Activity	10.00	9.00	4.00	12.00	9.00	2.00	7.00
Cash from Investing Activity	2.00	26.00	-287.00	-118.00	0.00	0.00	-3.00
Cash from Financing Activity	-9.00	-33.00	288.00	107.00	-9.00	-1.00	-8.00
Net Cash Flow	3.00	2.00	5.00	1.00	0.00	0.00	-4.00
Free Cash Flow	3.00	-2.00	4.00	12.00	9.00	2.00	7.00
CFO/OP %	155.00	91.00	52.00	132.00	-105.00	-1,021.00	-452.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Debtor Days	36.00	77.00	36.00	31.00	0.00	3,620.00	6,547.00
Inventory Days	3.00	—	0.00	0.00	0.00	0.00	0.00
Days Payable	111.00	—	—	—	—	—	—
Cash Conversion Cycle	-71.00	77.00	36.00	31.00	0.00	3,620.00	6,547.00
Working Capital Days	-48.00	-208.00	-49.00	-57.00	-51.00	266.00	315.00
ROCE %	5.00	9.00	5.00	14.00	-43.00	7.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024
Promoters	71.87	69.81	68.89	68.89	68.89	68.89	68.89	68.89	68.89	68.89
FIIs	0.64	0.46	0.99	0.21	0.25	0.41	0.78	1.42	5.69	9.27
DIIs	0.02	0.01	0.11	0.00	0.00	0.02	0.01	0.01	0.01	0.01
Public	27.24	29.49	29.77	30.90	30.85	30.67	30.31	29.68	25.40	21.83
No. of Shareholders	69,588	76,520	78,587	86,689	90,442	93,861	91,939	87,912	75,001	73,190