BLS International Services Limited — PPTs, 11-02-2025: Investor Presentation

### Summary of Investor Presentation Highlights

**Financial Highlights:** BLS International achieved record consolidated revenue of Rs. 512.8 Crores in Q3 FY25, reflecting a 17.1% increase YoY. EBITDA surged 78.5% YoY to Rs. 158.1 Crores, with margins expanding to 30.8%. Profit After Tax grew by 46.7% YoY to Rs. 127.9 Crores. For 9M FY25, revenue reached Rs. 1,500.5 Crores, up 22.1% YoY, with a PAT of Rs. 394.4 Crores, representing a 64.2% increase.

**Strategic Initiatives and Growth Drivers:** The company continues to integrate acquisitions like iDATA and Citizenship Invest, enhancing its operational scope. BLS International is transitioning to a self-managed visa processing model, promoting better efficiency and margin expansion.

**Business Developments:** The visa and consular business experienced a remarkable 60.3% YoY revenue growth to Rs. 257.6 Crores in Q3, aided by an increase in application volumes. Concurrently, the digital business saw an 86.7% rise in revenue to Rs. 137.2 Crores, driven by strong transaction volumes and acquisitions.

**Market Position and Competitive Advantage:** With a presence in over 70 countries, BLS remains a leading global provider of visa, consular, and digital services. Its strategic partnerships with governments bolster its competitive edge in a fast-growing market.

**Investor Implications:** BLS International shows a positive outlook driven by robust financial performance, strategic acquisitions, and strong growth in both visa and digital segments. The ongoing integration of new business lines positions the company for sustainable long-term growth, making it an attractive consideration for investors.