BLS International Services Limited — PPTs, 06-02-2026: Investor Presentation

**Business Performance:** BLS International reported robust Q3 and 9M FY26 results. Q3 consolidated revenue surged 43.6% YoY to Rs. 736.5 Cr, with profit after tax (PAT) growing 33.1% to Rs. 170.2 Cr. For the nine-month period, revenue increased 45.5% to Rs. 2,183.7 Cr and PAT was up 36.1% to Rs. 536.9 Cr. This growth was driven by higher visa application volumes and strong performance in both Visa & Consular Services and the Digital business.

**Growth Drivers & Strategy:** The company is focused on operational excellence through technology, including AI-driven platforms and robust data security. Strategic priorities include aggressive bidding for new contracts, expanding service offerings, and exploring inorganic growth opportunities.

**Recent Developments:** BLS secured key contracts, including global visa outsourcing for the Slovak Republic (80+ countries) and Cyprus (15+ countries), and a three-year contract for Indian Visa Application Centres in China. Domestically, it won Aadhar projects from Bihar Govt. (Rs. 100 Cr) and UIDAI (Rs. 2,055.35 Cr). An interim dividend of Rs 2 per share was declared.

**Key Financial Metrics:** Q3 saw EBITDA margin at 26.9% and PAT margin at 23.1%.

**Management Outlook:** Management highlights a strong performance, nearly matching FY25 financials within nine months. The company maintains a healthy balance sheet with Rs. 1,306 Cr net cash and anticipates significant future opportunities from contract renewals and M&A.