BLS E Services

Gurugram, India Founded: 2016 • Age: 10 yrs Listed
Business correspondent services to banks are enabled by digital technology.
Request Access
Report Incorrect Data
Page last updated

About BLS E Services

BLS E Services is a publicly listed company based in Gurugram (India) founded in 2016. Business correspondent services to banks are enabled by digital technology. It operates in the Financial Services and Government & Social Sector sectors. The company has 104 employees. BLS E Services has completed 2 acquisitions, including Aadifidelis and Atyati Technologies. Its chief executive, as recorded, is Nikhil Gupta. Its Indian entity Bls E-Services Limited reported revenue of ₹1,143 Cr. Its focus areas include Business Services, Services for Government, Service Providers to Banks and Banking Correspondents.

Company details

BLS E Services was founded in 2016 in Gurugram, India, as a technology-enabled provider in the digital services sector. Business correspondent services are delivered to various banks, supporting financial outreach. Visa consultancy, government-to-citizen interactions, and assisted e-services are also facilitated through its operations across India. The company focuses on intermediary roles in banking and administrative processes.

  • Headquarters Gurugram, India
  • Employees 104
  • Stage Public
  • Sectors
    Financial Services
    Government & Social Sector
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website blseservices.com
  • Legal Name Bls E-Services Limited
Operational Areas
Financial Services → Banking & FinTech Platforms
Government & Social Sector → Services for Government
Key Metrics
  • Market Cap
    ₹2,926 Cr

    BLSE · NSE

  • Share Price
    ₹319.15

    -0.90% today

  • Revenue
    ₹1,118 Cr

    FY 2025-26 · +115.2% YoY

  • EBITDA
    ₹75.08 Cr

    Margin 6.7%

  • Net Profit
    ₹53.03 Cr

    FY 2025-26 · +2.3% YoY

  • P/E (TTM)
    44.7x

    P/B 4.9x

  • ROE
    13.8%

    ROCE 18.4%

  • Debt / Equity
    0.01

    Interest cover 1.3x

  • Employee Count
    104
  • Investments & Acquisitions
    Aadifidelis

    & 1 more

Board of directors of Bls E-Services Limited (BLS E Services)

Bls E-Services Limited is the primary company behind BLS E Services. The board of Bls E-Services Limited currently have 9 directors; the longest-serving is Shivani Mishra, appointed in 2016. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shivani Mishra
DIN 07221507
Director21 Nov 20169 yrs 11 moBls E-Services Limited
Ram Prakash Bajpai
DIN 07198693
Director21 Dec 20223 yrs 10 moBls E-Services Limited
Diwakar Aggarwal
DIN 00144645
Director16 May 20233 yrs 5 moBls E-Services Limited
Shikhar Aggarwal
DIN 06975729
Director16 May 20233 yrs 5 moBls E-Services Limited
Rakesh Mohan Garg
DIN 08970794
Director16 May 20233 yrs 5 moBls E-Services Limited
Manoj Joshi
DIN 00036546
Director16 May 20233 yrs 5 moBls E-Services Limited
Rahul Sharma
DIN 06879073
Whole-time director26 Jun 20233 yrs 4 moBls E-Services Limited
Sarthak Behuria
DIN 03290288
Director06 Aug 20263 moBls E-Services Limited
Savita
DIN 08764773
Director06 Aug 20263 moBls E-Services Limited

People of BLS E Services

1 people are tracked at BLS E Services (1 in leadership); the tracked headcount is 104.

NameRoleGroup
Nikhil Gupta
CEO & Managing DirectorLeadership
Premium access

Complete people profiles for BLS E Services

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of BLS E Services

BLS E Services is a publicly listed company on the NSE with ticker symbol BLSE in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Feb 2024
  • Listed onBSE: 544107 · NSE: BLSE
  • Listed entityBLS E-Services Limited
  • Exchange sectorTechnology services
  • ISININE0NLT01010
  • Share price₹152.65 (+2.11% on the day) · 2026-10-14
  • Market capitalisation₹2,728 Cr
  • Price to earnings47.7
  • EPS (diluted, trailing year)₹3.20
  • Dividend yield0.33%
  • Volume (last session)1,344,458

Financials of BLS E Services

Exchange-reported figures of Bls E-Services Limited, the listed company behind BLS E Services (NSE: BLSE).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,118 Cr
+115.2% YoY
EBITDA
₹75.08 Cr
+23.8% YoY
Profit After Tax
₹53.03 Cr
+2.3% YoY
Net Worth
₹522 Cr
+8.2% YoY
Total Assets
₹578 Cr
+9.7% YoY
Total Debt
₹6.13 Cr
-14.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue1,11851930124396.7064.49
Revenue growth+115.2%+72.3%+24.0%+151.4%+50.0%-
EBITDA75.0860.6341.9130.516.954.75
EBITDA margin+6.7%+11.7%+13.9%+12.6%+7.2%+7.4%
Profit before tax92.9379.1345.7126.976.773.93
Net profit53.0351.8631.2220.465.373.15
Net profit margin+4.7%+10.0%+10.4%+8.4%+5.6%+4.9%
EPS (₹)6.335.793.462.835,379.603,148.20
Balance sheet
Total assets57852744611730.5320.85
Net worth52248343110715.069.68
Total debt6.137.137.315.1815.2211.02
Cash & bank26291.4025245.1013.659.34
Net working capital22419.432307.661.400.95
Cash flow
Cash from operations50.6867.2919.6528.8719.748.64
Cash from investing(14.27)(22.67)(295)(65.63)(13.62)(0.57)
Cash from financing(19.16)(4.28)29046.42(7.57)(4.81)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue424304323281270244239128
Revenue growth (YoY)+57.4%+24.6%+35.2%+119.9%+249.6%+223.8%--
Other income3.685.665.506.026.297.186.005.42
EBITDA28.7621.2220.4616.6719.9917.7319.4215.78
EBITDA margin+6.8%+7.0%+6.3%+5.9%+7.4%+7.3%+8.1%+12.4%
Depreciation5.861.431.811.581.511.371.881.90
Interest0.170.140.140.170.190.180.210.22
Profit before tax26.4125.3124.0120.9424.5823.3623.3319.08
Tax5.886.685.785.736.325.846.025.08
Net profit20.5318.6318.2315.2118.2617.5217.3114.00
EPS (₹)0.960.841.621.390.851.621.451.44
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue87.3566.8339.6720.5310.311.700.94
Revenue growth+30.7%+68.5%+93.2%+99.1%+506.5%+80.9%-
EBITDA11.2920.6710.627.07(8.58)(0.19)(1.80)
EBITDA margin+12.9%+30.9%+26.8%+34.4%-83.2%-11.2%-191.5%
Profit before tax23.5336.7110.521.60(9.20)0.86(2.55)
Net profit16.8627.327.212.65(6.54)0.86(2.56)
Net profit margin+19.3%+40.9%+18.2%+12.9%-63.4%+50.6%-272.3%
EPS (₹)1.923.020.800.15(6,526.70)857.70(2,567.50)
Balance sheet
Total assets43542442413214.8725.1525.59
Net worth42341939292.277.6114.1313.28
Total debt10.513.8731.8934.927.2611.0212.32
Cash & bank1678.882031.210.560.300.00
Net working capital166(28.89)198(1.98)(0.87)12.5513.13
Cash flow
Cash from operations10.239.303.9712.168.901.866.97
Cash from investing1.7826.45(287)(118)(0.03)(0.15)(3.13)
Cash from financing(9.12)(33.41)288107(8.64)(1.41)(8.32)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue28.5018.5826.0622.5723.8214.8915.6921.37
Revenue growth (YoY)+19.7%+24.8%+66.1%+5.6%+31.8%+27.5%--
Other income0.502.643.082.843.763.713.494.53
Total expenses22.7216.0522.6619.6320.7213.1915.8411.58
EBITDA5.782.533.402.943.101.70(0.15)9.79
EBITDA margin+20.3%+13.6%+13.0%+13.0%+13.0%+11.4%-1.0%+45.8%
Depreciation0.530.450.300.200.200.160.210.19
Interest0.040.080.050.050.010.050.250.55
Profit before tax5.714.646.135.536.655.202.8813.58
Tax1.471.201.591.481.661.320.733.43

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue424304323281270244239128
Revenue growth (YoY)+57.4%+24.6%+35.2%+119.9%+249.6%+223.8%--
Other income3.685.665.506.026.297.186.005.42
EBITDA28.7621.2220.4616.6719.9917.7319.4215.78
EBITDA margin+6.8%+7.0%+6.3%+5.9%+7.4%+7.3%+8.1%+12.4%
Depreciation5.861.431.811.581.511.371.881.90
Interest0.170.140.140.170.190.180.210.22
Profit before tax26.4125.3124.0120.9424.5823.3623.3319.08
Tax5.886.685.785.736.325.846.025.08
Net profit20.5318.6318.2315.2118.2617.5217.3114.00
EPS (₹)0.960.841.621.390.851.621.451.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue1,11851930124396.7064.49
Revenue growth+115.2%+72.3%+24.0%+151.4%+50.0%-
Other income25.0025.668.103.231.700.75
Total expenses1,04345926021389.7559.74
Employee cost42.7437.0829.7023.236.413.81
EBITDA75.0860.6341.9130.516.954.75
EBITDA margin+6.7%+11.7%+13.9%+12.6%+7.2%+7.4%
Depreciation6.276.233.372.780.820.07
Interest0.880.930.933.991.061.50
Profit before tax92.9379.1345.7126.976.773.93
Tax23.6720.3212.176.651.400.78
Net profit53.0351.8631.2220.465.373.15
Net profit margin+4.7%+10.0%+10.4%+8.4%+5.6%+4.9%
EPS (₹)6.335.793.462.835,379.603,148.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital90.8690.8690.8666.730.010.01
Reserves & surplus43239234040.216.781.40
Shareholders' funds (net worth)52248343110715.069.68
Minority interest47.3435.576.644.510.000.00
Secured loans0.000.000.000.000.000.00
Unsecured loans6.137.137.315.1815.2211.02
Total debt6.137.137.315.1815.2211.02
Total liabilities57852744611730.5320.85
Assets
Gross block20019310091.5815.9515.70
Net block18017992.9387.5014.588.15
Capital work in progress14.7710.750.000.000.000.00
Investments12611014.940.000.000.00
Inventories0.200.491.600.560.000.00
Sundry debtors11993.4325.1918.228.548.85
Cash & bank balances26291.4025245.1013.659.34
Loans & advances26.2510.6214.766.354.612.50
Total current assets40819629470.2326.8020.69
Total current liabilities18417763.7162.5725.4019.74
Net working capital22419.432307.661.400.95
Total assets57852744611730.5320.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash70.6830.3415.716.057.504.24
Net cash from operating activities50.6867.2919.6528.8719.748.64
Net cash from investing activities(14.27)(22.67)(295)(65.63)(13.62)(0.57)
Net cash from financing activities(19.16)(4.28)29046.42(7.57)(4.81)
Net change in cash17.2540.3414.639.66(1.45)3.26
Closing cash26291.4025245.1013.659.34
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+115.2%+72.3%+24.0%+151.4%+50.0%-
EBITDA growth+23.8%+44.7%+37.4%+339.0%+46.3%-
PBT growth+17.4%+73.1%+69.5%+298.4%+72.3%+9997.0%
Net income growth+2.3%+66.1%+52.6%+281.0%+70.5%-
Revenue CAGR (3Y)+66.3%+75.1%+67.2%---
EBITDA CAGR (3Y)+35.0%+105.9%+106.6%---
Profitability & leverage
Net income margin+6.2%+11.3%+11.1%+8.4%+5.6%+4.9%
Return on capital employed+18.4%+17.2%+16.9%+43.3%+30.5%+26.0%
Return on net worth+13.8%+12.9%+12.5%+33.3%+43.5%+32.5%
Debt / equity0.010.020.020.171.061.14
Long-term debt / equity0.010.010.020.080.220.00
Interest cover1.281.712.4114.3917.2932.05
Efficiency & per share
Fixed asset turnover5.703.543.144.526.114.11
Inventory turnover3,239.97496.99279.15868.070.000.00
Debtors turnover10.518.7613.8918.1711.127.29
EPS (₹)6.335.793.462.835,379.603,148.20
Dividend per share (₹)1.001.000.000.000.000.00
Book value per share (₹)57.5153.1347.4516.036,793.901,406.00
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue28.5018.5826.0622.5723.8214.8915.6921.37
Revenue growth (YoY)+19.7%+24.8%+66.1%+5.6%+31.8%+27.5%--
Other income0.502.643.082.843.763.713.494.53
Total expenses22.7216.0522.6619.6320.7213.1915.8411.58
EBITDA5.782.533.402.943.101.70(0.15)9.79
EBITDA margin+20.3%+13.6%+13.0%+13.0%+13.0%+11.4%-1.0%+45.8%
Depreciation0.530.450.300.200.200.160.210.19
Interest0.040.080.050.050.010.050.250.55
Profit before tax5.714.646.135.536.655.202.8813.58
Tax1.471.201.591.481.661.320.733.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue87.3566.8339.6720.5310.311.700.94
Revenue growth+30.7%+68.5%+93.2%+99.1%+506.5%+80.9%-
Other income13.3919.033.440.110.022.061.17
Total expenses76.0646.1629.0513.4618.891.892.74
Employee cost12.938.223.071.120.170.070.74
EBITDA11.2920.6710.627.07(8.58)(0.19)(1.80)
EBITDA margin+12.9%+30.9%+26.8%+34.4%-83.2%-11.2%-191.5%
Depreciation0.850.680.210.020.010.020.03
Interest0.302.313.335.560.630.991.89
Profit before tax23.5336.7110.521.60(9.20)0.86(2.55)
Tax6.069.253.270.59(2.66)0.000.01
Net profit16.8627.327.212.65(6.54)0.86(2.56)
Net profit margin+19.3%+40.9%+18.2%+12.9%-63.4%+50.6%-272.3%
EPS (₹)1.923.020.800.15(6,526.70)857.70(2,567.50)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital90.8690.8690.8666.730.010.010.01
Reserves & surplus33232830225.547.6014.1213.27
Shareholders' funds (net worth)42341939292.277.6114.1313.28
Secured loans0.000.000.000.000.000.000.00
Unsecured loans10.513.8731.8934.927.2611.0212.32
Total debt10.513.8731.8934.927.2611.0212.32
Total liabilities43542442413214.8725.1525.59
Assets
Gross block6.072.061.030.200.220.220.22
Net block4.211.050.700.080.040.050.07
Capital work in progress14.5810.750.000.000.000.000.00
Investments24525213113112.5112.5112.36
Inventories0.090.050.000.000.000.000.00
Sundry debtors8.6514.043.951.730.0016.8616.86
Cash & bank balances1678.882031.210.560.300.00
Loans & advances26.066.068.132.253.422.471.80
Total current assets20229.032155.193.9819.6318.66
Total current liabilities35.7557.9217.207.174.857.085.53
Net working capital166(28.89)198(1.98)(0.87)12.5513.13
Total assets43542442413214.8725.1525.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash8.506.161.130.530.300.004.48
Net cash from operating activities10.239.303.9712.168.901.866.97
Net cash from investing activities1.7826.45(287)(118)(0.03)(0.15)(3.13)
Net cash from financing activities(9.12)(33.41)288107(8.64)(1.41)(8.32)
Net change in cash2.892.345.030.600.230.29(4.48)
Closing cash1678.882031.210.560.300.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+30.7%+68.5%+93.2%+99.1%+506.5%+80.9%-
EBITDA growth-45.4%+94.6%+50.2%+182.4%-4415.8%+89.4%-
PBT growth-35.9%+249.0%+557.5%+9998.0%-+9998.0%+9997.0%
Net income growth-38.3%+278.9%+172.1%+140.5%-860.5%+133.6%-
Revenue CAGR (3Y)+62.0%+86.5%+185.8%+179.5%---
EBITDA CAGR (3Y)+16.9%------
Profitability & leverage
Net income margin+20.0%+41.1%+18.3%+4.9%-63.4%+50.6%-272.3%
Return on capital employed+5.6%+9.2%+5.0%+13.3%-42.8%+7.3%-2.6%
Return on net worth+4.2%+6.8%+3.0%+5.4%-60.1%+6.3%-19.4%
Debt / equity0.020.040.140.420.840.850.93
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover2.8711.5631.9978.87-7.33-471.43-103.28
Efficiency & per share
Fixed asset turnover21.4943.2664.5097.7646.867.734.27
Inventory turnover1,247.862,673.200.000.000.000.000.00
Debtors turnover7.707.4313.9723.731.220.100.06
EPS (₹)1.923.020.800.15(6,526.70)857.70(2,567.50)
Dividend per share (₹)1.001.000.000.000.000.000.00
Book value per share (₹)46.5946.1143.1913.837,607.1014,133.8013,276.10

Investments & Acquisitions by BLS E Services

BLS E Services has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aadifidelis and Atyati Technologies.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Atyati Technologies
Technology platform for rural banking and financial inclusion is provided.
atyati.comBengaluru, India2006Feb 2026$17M
Aadifidelis
Financial services company that provides a range of loan products, including home loans, personal loans, and working capital loans
aadifidelis.coDelhi, India2023Jun 2024$22.78M
Premium access

Complete acquisition details for BLS E Services

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of BLS E Services

4 dated milestones of BLS E Services across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded BLS E Services is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Aadifidelis.
  4. Acquisition Acquires Atyati Technologies.

Web traffic of BLS E Services

The website of BLS E Services (blseservices.com) receives about 6.6K visits a month.

  • Monthly visits
    6.6K

    ▲ 15% vs previous month

Similar websites

Websites whose visitors overlap most with BLS E Services. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
InvestorZone
investorzone.in
100%
45.6K#576,615View details
Modefin
modefin.com
32%
4.4K#4,071,335View details
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Bls E Services

Stock split, spin-off: Last chance to buy these stocks today ahead of record date - Ratio, stock performance, other info | Stock Market News
mint • 1 month ago
BLS International Services Buys Additional Equity Stake In BLS E-Services
Reuters • 2 months ago
BLS E-Services June-Quarter Consol Net Profit 153 Million Rupees
Reuters • 3 months ago
BLS E-Services acquires 100% stake in Atyati Technologies for ₹157 crore in all-cash deal - CNBC TV18
CNBCTV18 • 4 months ago
BLS E-Services Q4 profit up 5 pc to Rs 18 cr - The Economic Times
Economic Times • 5 months ago
BLS E-Services March-Quarter Consol Net Profit 147.4 Million Rupees
Reuters • 5 months ago
BLS E-Services To Acquire Atyati Technologies For Equity Value Of 1.54 Billion Rupees
Reuters • 8 months ago
BLS E-Services to buy 100% stake in Atyati Technologies for ₹154 crore - CNBC TV18
CNBCTV18 • 8 months ago
BLS E-Services Dec-Quarter Consol Net Profit 126.5 Million Rupees
Reuters • 9 months ago
BLS E-Services enters mutual fund market through partnership with ACMIIL - CNBC TV18
CNBCTV18 • 11 months ago
Premium access

Complete news archive for BLS E Services

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about BLS E Services

BLS E Services was founded in 2016.

BLS E Services is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Nikhil Gupta is the CEO of BLS E Services, as recorded in our data.

BLS E Services has 104 employees.

The primary company behind BLS E Services, Bls E-Services Limited, reported revenue of ₹1,143 Cr for FY 2026, up 115% year on year.

BLS E Services was founded in 2016 in Gurugram, India, as a technology-enabled provider in the digital services sector. Business correspondent services are delivered to various banks, supporting financial outreach. Visa consultancy, government-to-citizen interactions, and assisted e-services are also facilitated through its operations across India. The company focuses on intermediary roles in banking and administrative processes.

Yes, BLS E Services is publicly traded on NSE under the ticker symbol BLSE.

BLS E Services has made 2 acquisitions, including Aadifidelis, and Atyati Technologies.

BLS E Services operates through Bls E-Services Limited.

The legal entities of BLS E Services currently have 10 directors, including Shivani Mishra, Rahul Sharma, Ram Prakash Bajpai and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available