BLS International Services (NSE:BLS) ROE %: 28.87% (As of Mar. 2026) — 10% Below 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 ROE %?

BLS International Services NSE:BLS +0.04% 83 ROE % is 28.87% as of Mar. 2026, which is 10% below its 10-year median of 31.94. 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 1,058 Business Services companies, BLS International Services ranks better than 93.19% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BLS International Services's annualized net income for the quarter that ended in Mar. 2026 was ₹7,112 Mil. BLS International Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹24,635 Mil. Therefore, BLS International Services's annualized ROE % for the quarter that ended in Mar. 2026 was 28.87%.

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

NSE:BLS' s ROE % Range Over the Past 10 Years
Min: 11.29   Med: 31.94   Max: 45.3
Current: 32.57

During the past 13 years, BLS International Services's highest ROE % was 45.30%. The lowest was 11.29%. And the median was 31.94%.

NSE:BLS's ROE % is ranked better than
93.19% of 1058 companies
in the Business Services industry
Industry Median: 8.095 vs NSE:BLS: 32.57

BLS International Services  (NSE:BLS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=7111.824/24634.645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7111.824 / 32582.568)*(32582.568 / 37701.002)*(37701.002 / 24634.645)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.83 %*0.8642*1.5304
=ROA %*Equity Multiplier
=18.87 %*1.5304
=28.87 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=7111.824/24634.645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (7111.824 / 8142.232) * (8142.232 / 7152.28) * (7152.28 / 32582.568) * (32582.568 / 37701.002) * (37701.002 / 24634.645)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8734 * 1.1384 * 21.95 % * 0.8642 * 1.5304
=28.87 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


BLS International Services ROE % Related Terms


BLS International Services ROE % Historical Data

* Premium members only.

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

BLS International Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.61 29.25 31.13 34.59 32.74

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
ROE % 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 31.23 39.52 32.91 30.55 28.87

NSE:BLS vs CTAS, CPRT, GPN: ROE % Comparison

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

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

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


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

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

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=6866.978/( (17308.314+24634.645)/ 2 )
=6866.978/20971.4795
=32.74 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=7111.824/( (0+24634.645)/ 1 )
=7111.824/24634.645
=28.87 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 28.87% mean?
BLS International Services (NSE:BLS) has a ROE % of 28.87% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BLS International Services and its competitors. This is 10% below median its historical median of 31.94. Over the past decade, BLS International Services' ROE % has ranged from 11.29 to 45.30. According to the industry distribution chart, BLS International Services ranks #72 out of 1058 companies in the Business Services industry, placing it in the top 6.8%.
Is BLS International Services' ROE % too high?
BLS International Services' current ROE % of 28.87% is 10% below median its 10-year median of 31.94. Over the past 10 years, this metric has ranged from a low of 11.29 to a high of 45.30. The Business Services industry median ROE % is 8.10. BLS International Services' value of 28.87% is 256.6% above this industry median. Based on the distribution chart, BLS International Services ranks #72 out of 1058 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' ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, BLS International Services ranks #72 out of 1058 companies for ROE %. This places BLS International Services in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 8.10. BLS International Services' value of 28.87% is 256.6% above this benchmark. Historically, BLS International Services' own ROE % has ranged from 11.29 to 45.30 over the past decade. While the company's 10-year median is 31.94 vs. the industry median of 8.10, 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 ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.10, based on 1,058 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BLS International Services's current ROE % of 28.87% is 256.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BLS International Services and its competitors. For the Business Services industry, the median ROE % is 8.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BLS International Services's current ROE % is 28.87%, which is 10% below median its own 10-year median of 31.94. 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 ROE % is 28.87%, which is 10% below median its 10-year median of 31.94 and 256.6% above the Business Services industry median of 8.10. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For BLS International Services (NSE:BLS), the current ROE % is 28.87% 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:

  • ROE %: 28.87% (10% below median its 10-year median of 31.94)
  • GF Value™: ₹539.12 vs. price of ₹259.30 (51.9% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 256.6% above the Business Services median (#72 of 1058)

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

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

₹259.30
Price
₹539.12
GF Value