BLS International Services Limited (BLS) - Net Assets

Latest as of September 2025: Rs24.39 Billion INR ≈ $263.79 Million USD

Based on the latest financial reports, BLS International Services Limited (BLS) has net assets worth Rs24.39 Billion INR (≈ $263.79 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs33.39 Billion ≈ $361.07 Million USD) and total liabilities (Rs9.00 Billion ≈ $97.28 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BLS PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs24.39 Billion
% of Total Assets	73.06%
Annual Growth Rate	38.09%
5-Year Change	338.94%
10-Year Change	1598.6%
Growth Volatility	17.57

BLS International Services Limited - Net Assets Trend (2014–2025)

This chart illustrates how BLS International Services Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see BLS market cap.

Annual Net Assets for BLS International Services Limited (2014–2025)

The table below shows the annual net assets of BLS International Services Limited from 2014 to 2025. Also explore net asset growth rate of BLS International Services Limited to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-03-31	Rs20.19 Billion ≈ $218.32 Million	+40.04%
2024-03-31	Rs14.42 Billion ≈ $155.90 Million	+72.21%
2023-03-31	Rs8.37 Billion ≈ $90.53 Million	+46.91%
2022-03-31	Rs5.70 Billion ≈ $61.62 Million	+23.89%
2021-03-31	Rs4.60 Billion ≈ $49.74 Million	+7.36%
2020-03-31	Rs4.28 Billion ≈ $46.33 Million	+15.00%
2019-03-31	Rs3.72 Billion ≈ $40.28 Million	+42.92%
2018-03-31	Rs2.61 Billion ≈ $28.19 Million	+58.28%
2017-03-31	Rs1.65 Billion ≈ $17.81 Million	+38.55%
2016-03-31	Rs1.19 Billion ≈ $12.85 Million	+42.19%
2015-03-31	Rs835.83 Million ≈ $9.04 Million	+44.17%
2014-03-31	Rs579.76 Million ≈ $6.27 Million	--

Equity Component Analysis

This analysis shows how different components contribute to BLS International Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 2700.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs12.49 Billion	72.15%
Common Stock	Rs411.74 Million	2.38%
Other Comprehensive Income	Rs1.14 Billion	6.56%
Other Components	Rs3.27 Billion	18.91%
Total Equity	Rs17.31 Billion	100.00%

BLS International Services Limited Competitors by Market Cap

The table below lists competitors of BLS International Services Limited ranked by their market capitalization.

Company	Market Cap
EPIC Suisse AG SW:EPIC	$1.01 Billion
Indocement Tunggal Prakarsa JK:INTP	$1.01 Billion
UP FINT. HLDG (SP.ADR) A F:1M5	$1.01 Billion
Aedas Homes SL MC:AEDAS	$1.01 Billion
BALTIC CLASSIF.GR LS 001 F:983	$1.01 Billion
Jiangsu Rongtai Industry Co. Ltd. SHG:605133	$1.01 Billion
Dongfang Electric Corporation Limited F:DEU	$1.01 Billion
Regis Healthcare Ltd AU:REG	$1.01 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in BLS International Services Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 12,076,389,000 to 17,308,314,000, a change of 5,231,925,000 (43.3%).
Net income of 5,082,271,000 contributed positively to equity growth.
Dividend payments of 211,153,000 reduced retained earnings.
Other comprehensive income increased equity by 333,783,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs5.08 Billion	+29.36%
Dividends Paid	Rs211.15 Million	-1.22%
Other Comprehensive Income	Rs333.78 Million	+1.93%
Other Changes	Rs27.02 Million	+0.16%
Total Change	Rs-	43.32%

Book Value vs Market Value Analysis

This analysis compares BLS International Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 5.40x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 160.35x to 5.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-03-31	Rs1.41	Rs226.50	x
2015-03-31	Rs2.04	Rs226.50	x
2016-03-31	Rs2.90	Rs226.50	x
2017-03-31	Rs4.01	Rs226.50	x
2018-03-31	Rs6.36	Rs226.50	x
2019-03-31	Rs9.08	Rs226.50	x
2020-03-31	Rs10.46	Rs226.50	x
2021-03-31	Rs11.22	Rs226.50	x
2022-03-31	Rs13.89	Rs226.50	x
2023-03-31	Rs19.55	Rs226.50	x
2024-03-31	Rs29.35	Rs226.50	x
2025-03-31	Rs41.98	Rs226.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently BLS International Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 29.36%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 23.17%
• Asset Turnover: 0.78x
• Equity Multiplier: 1.62x
Recent ROE (29.36%) is above the historical average (25.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	35.35%	5.31%	5.78x	1.15x	Rs146.74 Million
2015	28.25%	5.24%	4.35x	1.24x	Rs152.42 Million
2016	26.02%	6.12%	3.68x	1.15x	Rs190.19 Million
2017	30.44%	7.86%	2.15x	1.80x	Rs336.27 Million
2018	37.05%	12.23%	1.68x	1.80x	Rs704.81 Million
2019	28.28%	13.03%	1.69x	1.28x	Rs680.18 Million
2020	12.24%	6.61%	1.69x	1.10x	Rs95.79 Million
2021	10.91%	10.37%	0.97x	1.08x	Rs41.73 Million
2022	19.53%	13.09%	1.34x	1.11x	Rs542.94 Million
2023	25.01%	13.24%	1.60x	1.18x	Rs1.20 Billion
2024	25.92%	18.66%	1.04x	1.34x	Rs1.92 Billion
2025	29.36%	23.17%	0.78x	1.62x	Rs3.35 Billion

Industry Comparison

This section compares BLS International Services Limited's net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

Industry: Specialty Business Services
Average net assets among peers: $3,918,070,051
Average return on equity (ROE) among peers: 16.59%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
BLS International Services Limited (BLS)	Rs24.39 Billion	35.35%	0.37x	$1.01 Billion
Alldigi Tech Limited (ALLDIGI)	$2.09 Billion	17.02%	0.40x	$127.93 Million
Apollo Sindoori Hotels Limited (APOLSINHOT)	$476.74 Million	31.91%	0.62x	$34.17 Million
BLS E-Services Limited (BLSE)	$4.38 Billion	7.17%	0.16x	$310.29 Million
CMS Info Systems Limited (CMSINFO)	$4.50 Billion	22.53%	0.71x	$411.17 Million
DJ Mediaprint & Logistics Limited (DJML)	$41.91 Million	26.04%	2.82x	$27.69 Million
GKW Limited (GKWLIMITED)	$1.05 Billion	3.51%	0.15x	$102.41 Million
Hinduja Global Solutions Limited (HGS)	$20.85 Billion	16.12%	1.08x	$190.88 Million
Kapston Services Limited (KAPSTON)	$509.01 Million	12.61%	1.43x	$192.30 Million
Krystal Integrated Services Ltd (KRYSTAL)	$1.36 Billion	12.36%	1.49x	$97.66 Million

About BLS International Services Limited

NSE:BLS India Specialty Business Services

Market Cap

$1.01 Billion

Rs93.24 Billion INR

Market Cap Rank

#8903 Global

#437 in India

Share Price

Rs226.50

Change (1 day)

-0.11%

52-Week Range

Rs221.75 - Rs361.05

All Time High

Rs505.50