BLS International Services Limited has informed the Exchange about Transcript
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BLS International posted strong Q3 FY26 results with consolidated revenue up 44% YoY at INR 737 crores, EBITDA up 25% at INR 198 crores, and PAT up 33% at INR 170 crores. For 9MFY26, revenue grew 46% YoY to INR 2,184 crores and PAT rose 36% to INR 537 crores, nearly matching the full prior year's revenue in just nine months. The visa and consular business saw application volumes rise 18% to 10.7 lakh and net revenue per application grow 19% to INR 3,383, with segment EBITDA margin expanding 275 basis points to 40%. The digital business revenue more than doubled to INR 287 crores, though margins fell due to the lower-margin Aadifidelis acquisition. Management won several new contracts including a 5-year Slovak Republic global mandate covering 80+ countries, an MEA India visa contract for China, a INR 100 crore Bihar Aadhar enrolment project, and a INR 2,000 crore UIDAI Seva Kendra upgrade order. The Board declared an interim dividend of INR 2 per share, and management guided for 20-25% growth over the next five years.
Strong across-the-board growth, a robust order pipeline, improving visa margins, and a healthy INR 1,400 crore cash balance position the company well for continued expansion, though softer digital margins remain a watch point for blended profitability.