Why is BLS E-Services Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 85.45% and Operating profit at 30.16%
3
The company has declared Positive results for the last 8 consecutive quarters
- NET SALES(Q) Highest at Rs 280.68 cr
4
With ROE of 11.2, it has a Fair valuation with a 3 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -6.82%, its profits have risen by 12.6% ; the PEG ratio of the company is 2.2
5
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 0.89% over the previous quarter and collectively hold 1.1% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Below par performance in long term as well as near term
- Along with generating -6.82% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to BLS E-Services should be less than 10%
- Overall Portfolio exposure to Computers - Software & Consulting should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is BLS E-Services for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
BLS E-Services
-7.09%
-0.14
48.50%
Sensex
7.85%
0.61
11.53%
Quality key factors
Factor
Value
Sales Growth (5y)
85.45%
EBIT Growth (5y)
30.16%
EBIT to Interest (avg)
51.22
Debt to EBITDA (avg)
0.13
Net Debt to Equity (avg)
-0.71
Sales to Capital Employed (avg)
1.03
Tax Ratio
25.91%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.10%
ROCE (avg)
33.65%
ROE (avg)
11.17%
Valuation Key Factors 
Factor
Value
P/E Ratio
27
Industry P/E
25
Price to Book Value
3.01
EV to EBIT
17.25
EV to EBITDA
15.77
EV to Capital Employed
7.88
EV to Sales
1.13
PEG Ratio
2.15
Dividend Yield
0.60%
ROCE (Latest)
44.82%
ROE (Latest)
11.17%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Bullish
Technical Movement
12What is working for the Company
NET SALES(Q)
Highest at Rs 280.68 cr
-4What is not working for the Company
PAT(Q)
At Rs 12.65 cr has Fallen at -10.3% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 14.93 cr has Fallen at -8.8% (vs previous 4Q average
EPS(Q)
Lowest at Rs 1.39
Loading Valuation Snapshot...
Here's what is working for BLS E-Services
Net Sales - Quarterly
Highest at Rs 280.68 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 280.68 cr has Grown at 27.5% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 220.15 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for BLS E-Services
Profit After Tax (PAT) - Quarterly
At Rs 12.65 cr has Fallen at -10.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 14.10 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 14.93 cr has Fallen at -8.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 16.37 CrMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Earnings per Share (EPS) - Quarterly
Lowest at Rs 1.39
in the last five quartersMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (Rs)






