Cash flow BLS International Services Limited

Equities

BLS

INE153T01027

Business Support Services

Market Closed - NSE India S.E. Other stock markets 07:40:29 2024-09-13 am EDT			5-day change	1st Jan Change
435.15 ^INR	-4.83%		-2.40%	+36.24%

Sep. 13	BLS International Services Limited Approves Final Dividend for the Financial Year Ended March 31, 2024	CI
Aug. 30	BLS International Services Limited agreed to acquire 51% stake in SLW Media Private Limited for INR 8 million.	CI

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Published financial data: BLS INTERNATIONAL SERVICES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	7.86B	4.78B	8.5B	15.16B	16.77B
Other Revenues, Total	67.68M	-	95.35M	-	-
Total Revenues	7.93B	4.78B	8.59B	15.16B	16.77B
Cost of Goods Sold, Total	6.19B	3.81B	6.52B	11.71B	11.76B
Gross Profit	1.74B	972M	2.08B	3.46B	5.01B
Selling General & Admin Expenses, Total	238M	126M	192M	204M	290M
Provision for Bad Debts	6.72M	1.43M	98.11M	-	-
Depreciation & Amortization - (IS)	122M	94.55M	72.51M	185M	309M
Other Operating Expenses	582M	446M	608M	969M	1.24B
Other Operating Expenses, Total	948M	669M	971M	1.36B	1.84B
Operating Income	790M	303M	1.11B	2.1B	3.17B
Interest Expense, Total	-10.9M	-2.21M	-4.41M	-5.61M	-25.32M
Interest And Investment Income	61.92M	49.94M	54.14M	116M	371M
Net Interest Expenses	51.03M	47.73M	49.73M	111M	346M
Currency Exchange Gains (Loss)	-5.76M	29.33M	-9.97M	-71.01M	-23.89M
Other Non Operating Income (Expenses)	-5.13M	49.92M	-2.25M	89.26M	23.2M
EBT, Excl. Unusual Items	830M	430M	1.15B	2.23B	3.52B
Gain (Loss) On Sale Of Investments	-	-	-	3.92M	4.43M
Gain (Loss) On Sale Of Assets	-3.55M	739K	-1.33M	1.44M	23K
Asset Writedown	-	-	-4.59M	-1.62M	-
Other Unusual Items	-278M	52.56M	-	-26M	-
EBT, Incl. Unusual Items	548M	484M	1.14B	2.2B	3.52B
Income Tax Expense	24.42M	-19.67M	27.56M	162M	265M
Earnings From Continuing Operations	524M	503M	1.11B	2.04B	3.26B
Net Income to Company	524M	503M	1.11B	2.04B	3.26B
Minority Interest	457K	-1.78M	698K	-35.07M	-127M
Net Income - (IS)	524M	502M	1.11B	2.01B	3.13B
Net Income to Common Incl Extra Items	524M	502M	1.11B	2.01B	3.13B
Net Income to Common Excl. Extra Items	524M	502M	1.11B	2.01B	3.13B
Per Share Items
Net EPS - Basic	1.28	1.22	2.72	4.89	7.61
Basic EPS - Continuing Operations	1.28	1.22	2.72	4.89	7.61
Basic Weighted Average Shares Outstanding	410M	410M	410M	411M	411M
Net EPS - Diluted	1.28	1.22	2.72	4.89	7.6
Diluted EPS - Continuing Operations	1.28	1.22	2.72	4.89	7.6
Diluted Weighted Average Shares Outstanding	410M	410M	410M	411M	411M
Normalized Basic EPS	1.27	0.65	1.75	3.3	5.03
Normalized Diluted EPS	1.27	0.65	1.75	3.3	5.03
Dividend Per Share	0.25	0.12	0.38	0.75	1
Payout Ratio	29.3	15.27	11.48	12.78	9.85
Supplemental Items
EBITDA	834M	394M	1.17B	2.25B	3.42B
EBITA	790M	353M	1.12B	2.17B	3.29B
EBIT	790M	303M	1.11B	2.1B	3.17B
EBITDAR	972M	507M	1.3B	2.42B	3.67B
Total Revenues (As Reported)	7.99B	4.97B	8.65B	15.37B	17.17B
Effective Tax Rate - (Ratio)	4.45	-4.07	2.42	7.36	7.51
Total Current Taxes	79.14M	51.36M	47.23M	139M	210M
Total Deferred Taxes	-54.71M	-5.12M	-19.68M	22.79M	54.36M
Normalized Net Income	519M	267M	717M	1.36B	2.07B
Interest on Long-Term Debt	127K	814K	2.85M	3.61M	22.79M
Non-Cash Pension Expense	478K	2.11M	-1.53M	8.21M	8.84M
Supplemental Operating Expense Items
Advertising Expense	99.97M	12.85M	55.71M	35.08M	39.01M
Selling and Marketing Expenses	99.97M	12.85M	55.71M	35.08M	39.01M
Net Rental Expense, Total	138M	113M	136M	169M	251M
Imputed Operating Lease Interest Expense	62.41M	234M	80.92M	85.74M	274M
Imputed Operating Lease Depreciation	75.38M	-121M	55.55M	83.32M	-22.88M
Maintenance & Repair Expenses, Total	18.82M	9.32M	18.85M	22.8M	33.44M
Stock-Based Comp., COGS (Total)	-	-	-	-	26.31M
Total Stock-Based Compensation	-	-	-	-	26.31M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	220M	352M	369M	669M	4.14B
Short Term Investments	2B	2.31B	2.69B	3.72B	5.33B
Trading Asset Securities, Total	-	-	-	-	248M
Total Cash And Short Term Investments	2.22B	2.66B	3.05B	4.39B	9.72B
Accounts Receivable, Total	1.13B	1B	223M	326M	405M
Other Receivables	151M	209M	262M	336M	457M
Notes Receivable	-	-	-	-	-
Total Receivables	1.28B	1.21B	485M	663M	862M
Inventory	-	-	-	5.56M	15.96M
Prepaid Expenses	21.38M	16.06M	35.56M	9.98M	39.71M
Other Current Assets, Total	347M	240M	432M	627M	509M
Total Current Assets	3.87B	4.13B	4.01B	5.69B	11.14B
Gross Property Plant And Equipment	436M	486M	1.15B	1.36B	2.25B
Accumulated Depreciation	-206M	-240M	-306M	-372M	-563M
Net Property Plant And Equipment	230M	246M	842M	986M	1.68B
Long-term Investments	288M	258M	1.01B	1.21B	1.83B
Goodwill	80.06M	80.06M	80.06M	814M	814M
Other Intangibles, Total	102M	50.24M	200M	537M	458M
Loans Receivable Long-Term	2.06M	70.96M	-	-	-
Deferred Tax Assets Long-Term	55.01M	67.2M	86.73M	77.12M	23.78M
Other Long-Term Assets, Total	65.92M	80.33M	111M	136M	209M
Total Assets	4.69B	4.98B	6.33B	9.45B	16.16B
Liabilities
Accounts Payable, Total	165M	96.42M	183M	295M	314M
Accrued Expenses, Total	147M	148M	183M	248M	393M
Short-term Borrowings	-	-	31.18M	-	-
Current Portion of Long-Term Debt	8.83M	-	-	-	-
Current Portion of Leases	927K	4M	17.34M	20.73M	58.54M
Current Income Taxes Payable	3.98M	928K	-	-	-
Other Current Liabilities	54.48M	98.82M	129M	438M	680M
Total Current Liabilities	380M	349M	543M	1B	1.45B
Long-Term Debt	-	-	-	-	-
Long-Term Leases	-	3.33M	63.06M	44.59M	247M
Pension & Other Post Retirement Benefits	28.43M	29.87M	29.11M	36.01M	50.25M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	-	-	-	-	3.62M
Total Liabilities	408M	382M	635M	1.08B	1.75B
Common Stock, Total	102M	102M	102M	411M	412M
Additional Paid In Capital	-	-	-	329M	3.26B
Retained Earnings	3.86B	4.31B	5.3B	6.64B	7.6B
Treasury Stock	-	-19.68M	-5.16M	-6.68M	-
Comprehensive Income and Other	324M	204M	304M	652M	802M
Total Common Equity	4.28B	4.6B	5.7B	8.03B	12.08B
Minority Interest	-677K	1.1M	402K	343M	2.34B
Total Equity	4.28B	4.6B	5.7B	8.37B	14.42B
Total Liabilities And Equity	4.69B	4.98B	6.33B	9.45B	16.16B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	410M	409M	410M	411M	411M
ECS Total Common Shares Outstanding	410M	409M	410M	411M	411M
Book Value / Share	10.46	11.24	13.91	19.55	29.36
Tangible Book Value	4.1B	4.47B	5.42B	6.68B	10.8B
Tangible Book Value Per Share	10.01	10.92	13.22	16.26	26.27
Total Debt	9.76M	7.33M	112M	65.31M	306M
Net Debt	-2.21B	-2.65B	-2.94B	-4.32B	-9.41B
Debt Equivalent of Unfunded Proj. Benefit Obligation	29.13M	30.58M	30.26M	37.89M	56.96M
Debt Equivalent Oper. Leases	1.1B	908M	1.09B	1.35B	2.01B
Minority Interest, Total (Incl. Fin. Div)	-677K	1.1M	402K	343M	2.34B
Equity Method Investments, Total	117K	138K	138K	45K	246M
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	-	-	-	5.56M	15.96M
Buildings, Total	80.76M	122M	665M	788M	1.08B
Machinery, Total	312M	309M	336M	398M	617M
Full Time Employees	5K	15K	20K	60K	357
Accumulated Allowance for Doubtful Accounts (Supple)	16.48M	46.41M	44.28M	7.57M	24.72M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	524M	502M	1.11B	2.01B	3.13B
Depreciation & Amortization - CF	45.88M	45.14M	57.24M	113M	188M
Amortization of Goodwill and Intangible Assets - (CF)	-	49.42M	15.26M	72.16M	122M
Depreciation & Amortization, Total	45.88M	94.55M	72.51M	185M	309M
Amortization of Deferred Charges, Total - (CF)	75.64M	-	-	-	-
(Gain) Loss From Sale Of Asset	-207K	-740K	1.33M	-1.8M	-23K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-3.92M	-4.43M
Asset Writedown & Restructuring Costs	-	-	-	1.62M	-
Stock-Based Compensation (CF)	-	-	-	-	26.31M
Provision and Write-off of Bad Debts	6.72M	47.84M	142M	3.47M	26.95M
Other Operating Activities, Total	46.85M	-169M	45.13M	280M	29.78M
Change In Accounts Receivable	628M	77.64M	636M	-103M	-105M
Change In Inventories	-	-	-	1.16M	-10.4M
Change In Accounts Payable	-73.08M	-68.33M	86.19M	-5.75M	19.6M
Change in Other Net Operating Assets	-95.06M	-33.18M	-243M	242M	76.83M
Cash from Operations	1.16B	450M	1.85B	2.61B	3.5B
Capital Expenditure	-149M	-48.13M	-674M	-345M	-638M
Sale of Property, Plant, and Equipment	153M	-	4.64M	4.55M	820K
Cash Acquisitions	-	-	-	-816M	-
Sale (Purchase) of Intangible assets	-	-	-150M	-337M	-
Investment in Marketable and Equity Securities, Total	-1.14B	-223M	-935M	-982M	-2.3B
Other Investing Activities, Total	58.29M	46.96M	39.53M	97.83M	342M
Cash from Investing	-1.07B	-224M	-1.72B	-2.38B	-2.6B
Short Term Debt Issued, Total	-	-	31.18M	-	-
Long-Term Debt Issued, Total	2.66M	-	-	1.05M	-
Total Debt Issued	2.66M	-	31.18M	1.05M	-
Short Term Debt Repaid, Total	-281M	-	-	-143M	-
Long-Term Debt Repaid, Total	-89.02M	-12.7M	-16.29M	-	-72.32M
Total Debt Repaid	-370M	-12.7M	-16.29M	-143M	-72.32M
Issuance of Common Stock	-	-	-	-	2.96B
Common Dividends Paid	-154M	-76.58M	-128M	-257M	-308M
Common & Preferred Stock Dividends Paid	-154M	-76.58M	-128M	-257M	-308M
Other Financing Activities, Total	-16.43M	-5.5M	-7.66M	471M	-3.12M
Cash from Financing	-538M	-94.78M	-120M	72.3M	2.57B
Miscellaneous Cash Flow Adjustments	-1K	-	-	-	-
Net Change in Cash	-453M	131M	17.7M	300M	3.47B
Supplemental Items
Cash Interest Paid	16.43M	5.5M	7.66M	6.68M	3.12M
Cash Income Tax Paid (Refund)	153M	4.69M	69.32M	189M	196M
Levered Free Cash Flow	738M	389M	602M	893M	1.95B
Unlevered Free Cash Flow	745M	390M	604M	896M	1.96B
Change In Net Working Capital	-279M	-154M	-664M	-81.47M	-286M
Net Debt Issued / Repaid	-368M	-12.7M	14.89M	-142M	-72.32M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	10.45	3.92	12.24	16.61	15.47
Return on Total Capital	11.76	4.26	13.3	18.41	17.12
Return On Equity %	13.08	11.33	21.6	29.04	28.58
Return on Common Equity	13.1	11.29	21.61	29.25	31.13
Margin Analysis
Gross Profit Margin %	21.92	20.32	24.19	22.8	29.86
SG&A Margin	3	2.64	2.24	1.35	1.73
EBITDA Margin %	10.52	8.23	13.57	14.82	20.39
EBITA Margin %	9.96	7.37	13.07	14.31	19.64
EBIT Margin %	9.96	6.34	12.89	13.84	18.91
Income From Continuing Operations Margin %	6.61	10.52	12.94	13.47	19.42
Net Income Margin %	6.61	10.48	12.95	13.24	18.66
Net Avail. For Common Margin %	6.61	10.48	12.95	13.24	18.66
Normalized Net Income Margin	6.55	5.59	8.34	8.95	12.35
Levered Free Cash Flow Margin	9.31	8.13	7	5.89	11.62
Unlevered Free Cash Flow Margin	9.39	8.16	7.03	5.91	11.72
Asset Turnover
Asset Turnover	1.68	0.99	1.52	1.92	1.31
Fixed Assets Turnover	33.14	20.11	15.8	16.59	12.56
Receivables Turnover (Average Receivables)	5.44	4.49	13.88	55.22	45.86
Inventory Turnover (Average Inventory)	-	-	-	-	1.09K
Short Term Liquidity