BLS International (Rs. 504.00) (Code: 540073)
The company provides visa and passport related services in many countries. The A group listed shares touched a 52-week high of Rs. 522 and a low of Rs. 262. Its market cap is Rs. 20,751 crore. Promoter holding is 70.38%, while FIIs own 8.96%. Its equity is Rs. 41 crore and its reserves are Rs. 1387 crore.
The company is almost debt-free and has been performing well. The company’s income in the September quarter went up from Rs. 408 crore to Rs. 495 crore, operating profit from Rs. 87 crore to Rs. 164 crore, and net profit from Rs. 82 crore to Rs. 146 crore. For the first half, income increased from Rs. 791 crore to Rs. 988 crore, and net profit from Rs. 153 crore to Rs. 267 crore. The stock can be considered on dips as an investment.
