BLS International Services (NSE:BLS) Operating Margin %: 21.95% (As of Mar. 2026) — 63% 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 Operating Margin %?

BLS International Services NSE:BLS +0.04% 83 Operating Margin % is 21.95% as of Mar. 2026, which is 63% above its 10-year median of 13.43. 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 1,070 Business Services companies, BLS International Services ranks better than 90.93% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. BLS International Services's Operating Income for the three months ended in Mar. 2026 was ₹1,788 Mil. BLS International Services's Revenue for the three months ended in Mar. 2026 was ₹8,146 Mil. Therefore, BLS International Services's Operating Margin % for the quarter that ended in Mar. 2026 was 21.95%.

Good Sign:

BLS International Services Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

NSE:BLS' s Operating Margin % Range Over the Past 10 Years
Min: 7.64   Med: 13.43   Max: 25.2
Current: 24.19


NSE:BLS's Operating Margin % is ranked better than
90.93% of 1070 companies
in the Business Services industry
Industry Median: 6.33 vs NSE:BLS: 24.19

BLS International Services's 5-Year Average Operating Margin % Growth Rate was 27.10% per year.

BLS International Services's Operating Income for the three months ended in Mar. 2026 was ₹1,788 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹7,252 Mil.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


BLS International Services Operating Margin % Related Terms


BLS International Services Operating Margin % Historical Data

* Premium members only.

The historical data trend for BLS International Services's Operating 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 Operating Margin % Chart

BLS International Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.73 14.00 19.71 25.20 24.19

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
Operating 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 21.82 25.54 25.83 23.72 21.95

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

For the Specialty Business Services subindustry, BLS International Services's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Business Services Industry

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

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


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

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=7252.232 / 29982.151
=24.19 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1788.07 / 8145.642
=21.95 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 21.95% mean?
BLS International Services (NSE:BLS) has a Operating Margin % of 21.95% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on BLS International Services and its competitors. This is 63% above median its historical median of 13.43. Over the past decade, BLS International Services' Operating Margin % has ranged from 7.64 to 25.20. According to the industry distribution chart, BLS International Services ranks #97 out of 1070 companies in the Business Services industry, placing it in the top 9.1%.
Is BLS International Services' Operating Margin % too high?
BLS International Services' current Operating Margin % of 21.95% is 63% above median its 10-year median of 13.43. Over the past 10 years, this metric has ranged from a low of 7.64 to a high of 25.20. The Business Services industry median Operating Margin % is 6.33. BLS International Services' value of 21.95% is 246.8% above this industry median. Based on the distribution chart, BLS International Services ranks #97 out of 1070 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. 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' Operating Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, BLS International Services ranks #97 out of 1070 companies for Operating Margin %. This places BLS International Services in the top 9% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.33. BLS International Services' value of 21.95% is 246.8% above this benchmark. Historically, BLS International Services' own Operating Margin % has ranged from 7.64 to 25.20 over the past decade. While the company's 10-year median is 13.43 vs. the industry median of 6.33, 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 Operating Margin % for a Business Services company?
The median Operating Margin % among Business Services companies is 6.33, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BLS International Services's current Operating Margin % of 21.95% is 246.8% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on BLS International Services and its competitors. For the Business Services industry, the median Operating Margin % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BLS International Services's current Operating Margin % is 21.95%, which is 63% above median its own 10-year median of 13.43. 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 Operating Margin % is 21.95%, which is 63% above median its 10-year median of 13.43 and 246.8% above the Business Services industry median of 6.33. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For BLS International Services (NSE:BLS), the current Operating Margin % is 21.95% 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:

  • Operating Margin %: 21.95% (63% above median its 10-year median of 13.43)
  • GF Value™: ₹539.12 vs. price of ₹259.30 (51.9% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 246.8% above the Business Services median (#97 of 1070)

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

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

₹259.30
Price
₹539.12
GF Value