| Management target | Revenue 20.0% FY30 |
|---|
| Revenue growth | Q2 +32.0% YoY; H1 +28.7% YoY |
|---|---|
| Margins | Consolidated Q2 EBITDA 25.5% vs 28.9%; Visa EBITDA 41.9% |
| Order book | Tender pipeline cited; no quantified order book |
| Demand visibility | 500 Mn applications milestone; 22.2 lakh H1 applications |
Growth
Q2 revenue +32.0% YoY; visa net revenue ex-Citizenship/Hotels +6.5%. EBITDA margin fell to 25.5% from 28.9%.
Outlook
FY30 targets: revenue Rs 6,300-6,500 Cr, 20-25% growth every year, EBITDA margin 28-30%. Selective M&A; no capex quantified.
Risks
Spain visa probe media reports (company denies); PAT margin squeezed by acquisition amortisation; Citizenship Invest ROI subdued.
Last quarter's promises, checked
Delivered
- Consolidated growth 15-20% → Q2 +32.0% YoY incl. M&A (= BEAT)
- Visa EBITDA margin ~40% → 41.9% (= BEAT)
Partly delivered
- Visa revenue growth 12-15% → +11.2% (= PARTIAL)
Missed
- Consolidated EBITDA margin 28.3% → 25.5% (= MISS)
- Organic growth 15-20% → Visa ex-Citizenship/Hotels +6.5% (= MISS)
Investor Presentation filed with BSE, NSE: BLS. Summary written with AI assistance from the document.
BLS International Services Ltd: key numbers
- Share price
- ₹215.63
- Market cap
- ₹8,878 Cr
- Revenue (annual)
- ₹2,998 Cr
- Net profit (annual)
- ₹686.7 Cr
- P/E (TTM)
- 12.6×Sector 35.2×
- Promoter holding
- 70.41%+0.02% QoQ
- FII holding
- 3.88%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from BLS International Services Ltd
All →BLS International Services Results Update
BLS International reported record Q2 FY27 revenue of Rs 973 Crore, up 32% year-on-year. H1 FY27 revenue rose 28.7% to Rs 1,863 Crore.
BLS International Services Q2 FY27 Results: Net Profit ₹201.7 Cr, Up 8.6% YoY
BLS International Services Ltd reported revenue from operations of ₹972.7 Cr (+32.1% YoY) and net profit of ₹201.7 Cr (+8.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹201.7 Cr · +8.6% YoY
BLS International Services Board Meeting Date
BLS International schedules a 3 November 2026 board meeting to consider unaudited standalone and consolidated results for the quarter ended September 2026. No amounts are proposed.
BLS International Services Other Announcement
The company filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026.
BLS International Services Price Movement Clarification
BLS International Services Limited clarified that it has no undisclosed material information regarding the recent increase in trading volume. The company confirmed it is not aware of any specific reason for the market activity.
BLS International Services Management Change
BLS International Services Ltd reported the resignation of S.R. Batliboi & Co. LLP and appointment of S. S. Kothari Mehta & Co. LLP as statutory auditor for material subsidiary Atyati Technologies.