BLS International Services (NSE:BLS) Gross Margin %: 51.90% (As of Mar. 2026) — 59% Above Median


NSE:BLS BLS International Services Ltd NSE:BLS
83 GF Score
Price ₹259.30
GF Value ₹539.12
Valuation Significantly Undervalued
! 1 Warning Sign
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What is BLS International Services Gross Margin %?

BLS International Services NSE:BLS +0.04% 83 Gross Margin % is 51.90% as of Mar. 2026, which is 59% above its 10-year median of 32.74. GuruFocus rates NSE:BLS with a GF Score™ of 83/100 and a GF Value™ of ₹539.12 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,007 Business Services companies, BLS International Services ranks better than 72.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BLS International Services's Gross Profit for the three months ended in Mar. 2026 was ₹4,228 Mil. BLS International Services's Revenue for the three months ended in Mar. 2026 was ₹8,146 Mil. Therefore, BLS International Services's Gross Margin % for the quarter that ended in Mar. 2026 was 51.90%.


The historical rank and industry rank for BLS International Services's Gross Margin % or its related term are showing as below:

NSE:BLS' s Gross Margin % Range Over the Past 10 Years
Min: 26.32   Med: 32.74   Max: 55.04
Current: 53.92


During the past 13 years, the highest Gross Margin % of BLS International Services was 55.04%. The lowest was 26.32%. And the median was 32.74%.

NSE:BLS's Gross Margin % is ranked better than
72.99% of 1007 companies
in the Business Services industry
Industry Median: 34.46 vs NSE:BLS: 53.92

BLS International Services had a gross margin of 51.90% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BLS International Services was 14.90% per year.


BLS International Services  (NSE:BLS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

BLS International Services had a gross margin of 51.90% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


BLS International Services Gross Margin % Related Terms


BLS International Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for BLS International Services's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BLS International Services Gross Margin % Chart

BLS International Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.48 32.16 42.47 55.04 53.92

BLS International Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.69 55.24 54.23 54.55 51.90

NSE:BLS vs CTAS, CPRT, GPN: Gross Margin % Comparison

For the Specialty Business Services subindustry, BLS International Services's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BLS International Services Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, BLS International Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BLS International Services's Gross Margin % falls into.


NSE:BLS
83GF Score
BLS International Services Ltd NSE:BLS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BLS International Services Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

BLS International Services's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=16164.9 / 29982.151
=(Revenue - Cost of Goods Sold) / Revenue
=(29982.151 - 13817.274) / 29982.151
=53.92 %

BLS International Services's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=4227.8 / 8145.642
=(Revenue - Cost of Goods Sold) / Revenue
=(8145.642 - 3917.857) / 8145.642
=51.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 51.90% mean?
BLS International Services (NSE:BLS) has a Gross Margin % of 51.90% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BLS International Services and its competitors. This is 59% above median its historical median of 32.74. Over the past decade, BLS International Services' Gross Margin % has ranged from 26.32 to 55.04. According to the industry distribution chart, BLS International Services ranks #272 out of 1007 companies in the Business Services industry, placing it in the top 27%.
Is BLS International Services' Gross Margin % too high?
BLS International Services' current Gross Margin % of 51.90% is 59% above median its 10-year median of 32.74. Over the past 10 years, this metric has ranged from a low of 26.32 to a high of 55.04. The Business Services industry median Gross Margin % is 34.46. BLS International Services' value of 51.90% is 50.6% above this industry median. Based on the distribution chart, BLS International Services ranks #272 out of 1007 companies in the Business Services industry, which is above the industry midpoint. Overall, BLS International Services has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BLS International Services' Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, BLS International Services ranks #272 out of 1007 companies for Gross Margin %. This puts BLS International Services in the upper half of its industry. The industry median Gross Margin % is 34.46. BLS International Services' value of 51.90% is 50.6% above this benchmark. Historically, BLS International Services' own Gross Margin % has ranged from 26.32 to 55.04 over the past decade. While the company's 10-year median is 32.74 vs. the industry median of 34.46, BLS International Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BLS International Services's current Gross Margin % of 51.90% is 50.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on BLS International Services and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BLS International Services's current Gross Margin % is 51.90%, which is 59% above median its own 10-year median of 32.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLS International Services stock overvalued right now?
Based on GuruFocus' analysis, BLS International Services (NSE:BLS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹539.12, compared to a current price of ₹259.30 — trading 51.9% below its estimated fair value. The current Gross Margin % is 51.90%, which is 59% above median its 10-year median of 32.74 and 50.6% above the Business Services industry median of 34.46. BLS International Services' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For BLS International Services (NSE:BLS), the current Gross Margin % is 51.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BLS International Services (NSE:BLS) Overvalued in 2026?

Based on GuruFocus' analysis, BLS International Services stock appears to be undervalued. The current stock price of ₹259.30 is trading 51.9% below its estimated GF Value™ of ₹539.12. GuruFocus considers BLS International Services to be Significantly Undervalued.

Key valuation signals for NSE:BLS:

  • Gross Margin %: 51.90% (59% above median its 10-year median of 32.74)
  • GF Value™: ₹539.12 vs. price of ₹259.30 (51.9% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 50.6% above the Business Services median (#272 of 1007)

No single metric tells the full story. See the NSE:BLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BLS International Services Business Description

Other Exchanges 540073:India
Address No. 21, Barakhamba Road, 912, Indra Prakash Building, New Delhi, IND, 110001
BLS International Services Ltd is a provider of miscellaneous business services in India. These services include outsourcing and administrative tasks, and passport and consular services to diplomatic missions across the world. It generates the majority of its revenue from operations rendered to the Middle East. Other regions include India, South Africa, Europe, North America, and Asia-Pacific. The company's businesses include Visa/Passport and OCI Application services, attestation, BLS Visa Consultancy, and BLS Embassy Notification Services.
83GF Score

Get the complete analysis for NSE:BLS

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹259.30
Price
₹539.12
GF Value