BLS International Services Limited — PPTs, 07-08-2026: Investor Presentation

**Business Performance:** BLS International's Q1FY27 revenue reached Rs. 891 Crore (+25.3%), with PAT at Rs. 202 Crore (+11.4%). The core Visa & Consular segment delivered Rs. 560 Crore revenue (+21.6%), processing 11.3 lakh applications, with per application net revenue at Rs. 3,521.

**Growth Drivers & Strategy:** BLS drives growth via its asset-light model, long-term government contracts, and Rs. 1,617 Crore net cash. Strategy focuses on aggressive bidding and service expansion. Technology (AI, biometrics) creates a competitive moat, enhancing efficiency and margins.

**Recent Developments:** Recent highlights: AI-Powered VoiceBot in the UK, West Bengal government contract, and Belarus visa operations commenced. Acquisitions (iDATA, Citizenship Invest) and new contracts (Slovakia, Cyprus) expand global footprint.

**Key Financial Metrics:** Q1FY27 EBITDA hit Rs. 252 Crore (+23.6%) with a 28.3% margin. Net cash stands at Rs. 1,617 Crore (June 30, 2026).

**Management Outlook:** Outlook: Sustained growth via strengthening government partnerships and exploring acquisitions. Focus on tech-driven innovation and competitive leadership in global travel and mobility.