BLS E- Services (NSE:BLSE) Gross Margin %: 8.62% (As of Jun. 2026) — 63% Below Median

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NSE:BLSE BLS E- Services Ltd NSE:BLSE
70 GF Score
Price ₹320.90
GF Value ₹493.06
Valuation Possible Value Trap
! 7 Warning Signs
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What is BLS E- Services Gross Margin %?

BLS E- Services NSE:BLSE -0.06% 70 Gross Margin % is 8.62% as of Jun. 2026, which is 63% below its 10-year median of 23.32. GuruFocus rates NSE:BLSE with a GF Score™ of 70/100 and a GF Value™ of ₹493.06 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,005 Business Services companies, BLS E- Services ranks worse than 93.53% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BLS E- Services's Gross Profit for the three months ended in Jun. 2026 was ₹262 Mil. BLS E- Services's Revenue for the three months ended in Jun. 2026 was ₹3,041 Mil. Therefore, BLS E- Services's Gross Margin % for the quarter that ended in Jun. 2026 was 8.62%.

Warning Sign:

BLS E- Services Ltd gross margin has been in long-term decline. The average rate of decline per year is -20.6%.


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

NSE:BLSE' s Gross Margin % Range Over the Past 10 Years
Min: 8.33   Med: 23.32   Max: 29.29
Current: 8.33


During the past 6 years, the highest Gross Margin % of BLS E- Services was 29.29%. The lowest was 8.33%. And the median was 23.32%.

NSE:BLSE's Gross Margin % is ranked worse than
93.53% of 1005 companies
in the Business Services industry
Industry Median: 34.31 vs NSE:BLSE: 8.33

BLS E- Services had a gross margin of 8.62% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BLS E- Services was -20.60% per year.


BLS E- Services  (NSE:BLSE) 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 E- Services had a gross margin of 8.62% for the quarter that ended in Jun. 2026 => No sustainable 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 E- Services Gross Margin % Related Terms


BLS E- Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for BLS E- 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 E- Services Gross Margin % Chart

BLS E- Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 27.98 24.54 22.09 15.58 8.43

BLS E- Services Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 9.18 8.76 7.88 8.08 8.62

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

For the Specialty Business Services subindustry, BLS E- 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 E- Services Gross Margin % vs Business Services Industry

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

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


NSE:BLSE
70GF Score
BLS E- Services Ltd NSE:BLSE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BLS E- Services Gross Margin % Calculation

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

BLS E- 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 )
=942.7 / 11177.913
=(Revenue - Cost of Goods Sold) / Revenue
=(11177.913 - 10235.244) / 11177.913
=8.43 %

BLS E- Services's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=262.1 / 3040.913
=(Revenue - Cost of Goods Sold) / Revenue
=(3040.913 - 2778.785) / 3040.913
=8.62 %

* 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 8.62% mean?
BLS E- Services (NSE:BLSE) has a Gross Margin % of 8.62% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BLS E- Services and its competitors. This is 63% below median its historical median of 23.32. Over the past decade, BLS E- Services' Gross Margin % has ranged from 8.33 to 29.29. According to the industry distribution chart, BLS E- Services ranks #940 out of 1005 companies in the Business Services industry, placing it in the top 93.5%.
Is BLS E- Services' Gross Margin % too high?
BLS E- Services' current Gross Margin % of 8.62% is 63% below median its 10-year median of 23.32. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 29.29. The Business Services industry median Gross Margin % is 34.31. BLS E- Services' value of 8.62% is 74.9% below this industry median. Based on the distribution chart, BLS E- Services ranks #940 out of 1005 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BLS E- Services has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BLS E- Services' Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, BLS E- Services ranks #940 out of 1005 companies for Gross Margin %. This places BLS E- Services in the lower half of its industry. The industry median Gross Margin % is 34.31. BLS E- Services' value of 8.62% is 74.9% below this benchmark. Historically, BLS E- Services' own Gross Margin % has ranged from 8.33 to 29.29 over the past decade. While the company's 10-year median is 23.32 vs. the industry median of 34.31, BLS E- Services has consistently been below 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 34.31, based on 1,005 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 E- Services's current Gross Margin % of 8.62% is 74.9% below 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 E- Services and its competitors. For the Business Services industry, the median Gross Margin % is 34.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BLS E- Services's current Gross Margin % is 8.62%, which is 63% below median its own 10-year median of 23.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLS E- Services stock overvalued right now?
Based on GuruFocus' analysis, BLS E- Services (NSE:BLSE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹493.06, compared to a current price of ₹320.90 — trading 34.9% below its estimated fair value. The current Gross Margin % is 8.62%, which is 63% below median its 10-year median of 23.32 and 74.9% below the Business Services industry median of 34.31. BLS E- Services' overall GF Score™ is 70/100 with 7 warning signs 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 E- Services (NSE:BLSE), the current Gross Margin % is 8.62% as of Jun. 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 E- Services (NSE:BLSE) Overvalued in 2026?

Based on GuruFocus' analysis, BLS E- Services stock appears to be undervalued. The current stock price of ₹320.90 is trading 34.9% below its estimated GF Value™ of ₹493.06. GuruFocus considers BLS E- Services to be Possible Value Trap.

Key valuation signals for NSE:BLSE:

  • Gross Margin %: 8.62% (63% below median its 10-year median of 23.32)
  • GF Value™: ₹493.06 vs. price of ₹320.90 (34.9% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 74.9% below the Business Services median (#940 of 1005)

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


BLS E- Services Business Description

Other Exchanges 544107:India
Address Phase V, Plot no. 865, Udyog Vihar, Gurugram, HR, IND, 122016
BLS E- Services Ltd is a digital service provider in India. It provides business correspondence services to banks in India, Assisted E-services, and E-Governance Services at grassroots levels in India. Its robust network provides access points for the delivery of essential public utility services, social welfare schemes, healthcare, financial, educational, agricultural, and banking services for governments (G2C) and businesses (B2B) alike, in addition to a host of B2C services to citizens in urban, semi-urban, rural, and remote areas. Business Correspondents provide banking products and services on behalf of banks to people while performing a variety of services, including opening savings, recurring deposit accounts, cash deposits, withdrawals, remittances, transfers, and bill collection.
70GF Score

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

₹320.90
Price
₹493.06
GF Value