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Earnings Call

BLS International Services Earnings Call: Key Takeaways

BLS International delivered a strong FY26 with 36.7% revenue growth and 34.1% PAT growth, driven by Visa business expansion and digital services consolidation.

Highlights
Revenue growth36.7% YoY for FY26; 17.6% YoY for Q4FY26.
MarginsConsolidated EBITDA margin at 27.3%; Visa segment at 40.1%.
Order bookWon UIDAI order (₹2,055 Cr) and Bihar Aadhar project (₹100 Cr).
Demand visibilityStrong; USD 1-2B renewal opportunity in next 2 years.
Management confidenceHigh; citing robust FY26 performance and margin stabilization.

Growth

FY26 Revenue reached ₹2,998.2 Cr (+36.7% YoY). EBITDA Margin expanded to 27.3% vs 28.7% YoY.

Outlook

Strong visibility with USD 1-2 Billion renewal pipeline over 2 years; focus on M&A and asset-light models.

Risks

Potential margin dilution from rapid Digital Services scaling; dependency on exclusive government contracts up for renewal.

Source

Earnings Call filed with BSE, NSE: BLS. Summary written with AI assistance from the document.

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BLS International Services Ltd: key numbers

Share price
₹224.26
Market cap
₹9,234 Cr
Revenue (annual)
₹2,998 Cr
Net profit (annual)
₹686.7 Cr
P/E (TTM)
13.1×Sector 37.2×
Promoter holding
70.39%+0.00% QoQ
FII holding
4.14%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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