In this article, we are talk about comprehensive analysis of BLS E-services share price targets for the years 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Our examination spans various perspectives, including financial metrics, fundamental analysis, technical analysis, and more for better understanding.
Introduction to BLS E-Services Limited
Founded in April 2016, BLS-E Services Limited is a digital service provider specializing in Business Correspondence services for leading banks in India, along with Assisted E-Services and E-Governance Services aimed at grassroots levels across the country. The company’s service portfolio encompasses three main categories: Business Correspondents Services, Assisted E-services, and E-Governance Services.
| Founded | 12 April 2016 |
| Listing Date | 06 Feb 2024 |
| Sector | IT Software |
| Headquarters | New Delhi (India) |
| Official Website | b2c.cscbls.com |
Financial Details of BLS E-Services Limited
As of February 7, 2024, the market capitalization of the company stands at ₹1090.91 Cr.
The stock’s Price-to-Earnings (P/E) ratio is reported at 60.33, suggesting a relatively high valuation in comparison to its earnings.
The Return on Capital Employed (ROCE) is at 40.62%, indicating the company’s efficiency in generating profits from its capital investments. Comparatively, the 34.33% Return on Equity (ROE) indicates the degree of owner payback capacity of the company.
With a debt-to— Equity ratio of 0.07 and no declared debt, the company has a conservative approach to leverage, therefore lowering financial risk.
Said to be ₹2.74, the Earnings per Share (EPS) show the company’s profitability per-share. Moreover, the company has showed amazing 151% rise in income, indicating strong demand for its products or services and chances for ongoing expansion.
| Market Cap | ₹1090.91 Cr | Stock P/E | 60.33 |
| ROCE | 40.62% | ROE | 34.33% |
| Debt to equity | 0.07 | Debt | 0.0 |
| EPS | 2.74 | Sales growth | 151% |
Financial Statement of BLS E-services
By February 7, 2024 the company’s financial records clearly show a growing net income in the years 2021, 2022, and 2023. Especially in 2023 net sales soar to ₹243 crores, far from ₹97 crores in 2022 and ₹64 crores in 2021.This constant increasing trend over the last three years amply shows a significant income increase.
Spending thus obviously increased during the same period in line with net sales. Costs from ₹90 crores in 2022 and ₹60 crores in 2021 and 2023 came out to be ₹210 crores. With profits after tax of ₹20 crores in 2023 instead of ₹5 crores in 2022 and ₹3 crores in 2021 the company proved successful in generating a better degree of profitability despite this increase in expenses.
| Particulars | 2023 | 2022 | 2021 |
| Net Sales | 245 | 98 | 65 |
| Expenses | 220 | 91 | 62 |
| Profit After Tax | 20 | 5 | 3 |
Table of BLS E-Services Share Price Target
BLS E-services is expected to enter the market with a listing range of ₹280 to ₹294, representing a substantial increase from its offer price of ₹135, translating to a gain of nearly 107%. Our analysis will concentrate on projecting the stock price by considering the company’s financial performance and conducting a comprehensive evaluation.
| Year | Min Target | Max Target |
| 2024 | ₹390 | ₹395 |
| 2025 | ₹399 | ₹456 |
| 2026 | ₹478 | ₹562 |
| 2027 | ₹575 | ₹585 |
| 2028 | ₹675 | ₹718 |
| 2029 | ₹726 | ₹778 |
| 2030 | ₹788 | ₹810 |
BLS E-Services Share Price Target 2024
In this year, the company is anticipated to maintain a price range between ₹390 and ₹395.
| Minimum Target | ₹390 |
| Maximum Target | ₹395 |
BLS E-Services Share Price Target 2025
Moving into 2025, the projected price range widens, reaching between ₹399 and ₹456
| Minimum Target | ₹390 |
| Maximum Target | ₹456 |
BLS E-Services Share Price Target 2026
Further into the future, specifically in 2026, the anticipated price range expands to ₹478 to ₹562.
| Minimum Target | ₹478 |
| Maximum Target | ₹562 |
BLS E-Services Share Price Target 2027
By 2027, the company’s share price is expected to aim for a range of ₹575 to ₹585.
| Minimum Target | ₹575 |
| Maximum Target | ₹585 |
BLS E-Services Share Price Target 2028
Looking ahead to 2028, the minimum and maximum targets extend to ₹675 and ₹718, respectively.
| Minimum Target | ₹675 |
| Maximum Target | ₹718 |
BLS E-Services Share Price Target 2029
In the long term, by 2029, the company is anticipated to potentially reach a price range between ₹726 and ₹778.
| Minimum Target | ₹726 |
| Maximum Target | ₹778 |
BLS E-Services Share Price Target 2030
Projected into 2030, the minimum and maximum targets suggest a potential price range of ₹788 to ₹810.
| Minimum Target | ₹788 |
| Maximum Target | ₹810 |
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Bright and dark Points of BLS E-services Ltd
Bright
- The company operates on asset light business model.
- Low customer acquisition cost.
Dark
- The services are only offered in three states.
- A big portion of revenue comes from subsidiaries.
Disclaimer
Investing in the stock market carries inherent risks and is subject to market conditions. This article offers an analysis of the company solely for educational purposes. We are not registered advisors with SEBI (Stock Exchange Board of India), and this is not to be construed as investment advice. We do not offer tips or recommendations. Prior to making any investment decisions, it is advisable to conduct your own research or seek guidance from a qualified financial advisor.