Bls International Services Ltd

The performance was driven by steady growth across visa & consular and digital services businesses and also due to consolidation of Citizenship Invest and Aadifidelis Solutions acquired during Q3 FY25. Profit before tax (PBT) increased 23.7% YoY to Rs 202.83 crore in Q2 FY26. EBITDA stood at Rs 212.8 crore, recording the growth of 29.7% compared with Rs 164 crore posted in corresponding quarter last year, while EBITDA margin contracted to 28.9% in Q2 FY26 from 33.1% in Q2 FY25. The growth in EBITDA was driven by Visa & Consular Services business which witnessed change in business model from partner run to self managed centers in addition to cost optimisation initiatives. Revenue of the visa & consular business grew by 9.8% YoY in Q2FY26 to Rs 458.6 crore as compared to Rs 417.6 crore in Q2FY25. The growth was supported by an 11.7% increase in application volumes, with total visa applications rising to 11.3 lakh from 10.1 lakh in the same quarter last year. The net revenue per application stood at Rs 3,223 for Q2 FY26 as against Rs 2,883 for Q2FY25, recording a growth of 11.8%. Revenue from the digital business surged by 259.3% YoY to Rs 278.0 crore in Q2FY26, compared to Rs 77.4 crore in Q2 FY25, primarily driven by the consolidation of Aadifidelis Solutions acquired in November 2024. The segment witnessed gross transaction value (GTV) of over Rs 27,300 crore during the quarter as compared with approximately Rs 20,000 crore in Q2FY25. On half-yearly basis, the company's consolidated net profit jumped 37.2% to Rs 346.23 crore on 46.5% increase in net sales to Rs 1,447.19 crore in H1 FY26 over H1 FY25. Shikhar Aggarwal, joint managing director, BLS International Services, said: 'Q2FY26 was a period of meaningful progress for BLS International, marked by strategic wins, expanding partnerships, and continued growth across our core businesses. Our focus on technology-led service delivery and operational excellence continues to drive our performance and reinforce our leadership in the global government and citizen services domain. The quarter demonstrated sustained business momentum and operational excellence, translating into strong revenue growth and improved profitability. With expanding global operations, disciplined execution, new contract wins and enhanced efficiencies driving margin expansion, BLS International remains on a firm growth trajectory. The company's resilient performance and diversified portfolio continue to underpin its solid financial outcomes, setting a strong context for the quarter's detailed results that follow.' BLS International Services provides visa, passports, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services across more than 70 countries through a network of over 50,000 centres.Powered by Capital Market - Live

Net profit of BLS International Services rose 26.77% to Rs 175.23 crore in the quarter ended September 2025 as against Rs 138.23 crore during the previous quarter ended September 2024. Sales rose 48.81% to Rs 736.63 crore in the quarter ended September 2025 as against Rs 495.01 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales736.63495.01 49 OPM %28.8833.13 - PBDT225.35181.60 24 PBT202.83163.96 24 NP175.23138.23 27 Powered by Capital Market - Live

BLS International Services will hold a meeting of the Board of Directors of the Company on 11 November 2025.Powered by Capital Market - Live

The contract, effective 14 October 2025, covers the setup and operation of Indian Visa Application Centres (IVACs) in Beijing, Shanghai, and Guangzhou. The centres will provide secure, technology-enabled, and multilingual visa services. The development strengthens BLS International's position as a key partner for government and diplomatic missions globally. BLS International Services provides visa, passports, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services across more than 70 countries through a network of over 50,000 centres. The company's consolidated net profit jumped 49.8% to Rs 181 crore on 44.23% increase in revenue from operations to Rs 710.56 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

BLS International Services has been awarded a prestigious contract by the Ministry of External Affairs (MEA), Government of India, to establish and operate Indian Visa Application Centers (IVACs) in China. This prestigious contract will be valid for a period of 3 years, effective 14 October 2025. Under the terms of the agreement, BLS International will be responsible for establishing and managing Indian Visa Application Centres (IVACs) in Beijing, Shanghai, and Guangzhou, offering streamlined, secure, and customer-friendly visa services. The IVACs will incorporate enhanced infrastructure, advanced technology, and multilingual staff to ensure a seamless experience for applicantsPowered by Capital Market - Live

Avantel Ltd, KIOCL Ltd, Kaynes Technology India Ltd and Bharat Bijlee Ltd are among the other losers in the BSE's 'A' group today, 13 October 2025.BLS International Services Ltd lost 9.70% to Rs 304.5 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 21.57 lakh shares were traded on the counter so far as against the average daily volumes of 1.21 lakh shares in the past one month.Avantel Ltd crashed 6.14% to Rs 191.2. The stock was the second biggest loser in 'A' group.On the BSE, 3.99 lakh shares were traded on the counter so far as against the average daily volumes of 6.93 lakh shares in the past one month.KIOCL Ltd tumbled 4.99% to Rs 482.45. The stock was the third biggest loser in 'A' group.On the BSE, 18531 shares were traded on the counter so far as against the average daily volumes of 2.64 lakh shares in the past one month.Kaynes Technology India Ltd dropped 4.85% to Rs 6756.8. The stock was the fourth biggest loser in 'A' group.On the BSE, 29545 shares were traded on the counter so far as against the average daily volumes of 29370 shares in the past one month.Bharat Bijlee Ltd slipped 4.21% to Rs 3180.8. The stock was the fifth biggest loser in 'A' group.On the BSE, 1620 shares were traded on the counter so far as against the average daily volumes of 2446 shares in the past one month.Powered by Capital Market - Live

In a clarification to the exchanges, the company said the MEA directive will not affect its ongoing operations or financials. All existing contracts with Indian Missions across the globe remain valid and continue to operate as scheduled, BLS said. The company added that Indian Missions accounted for about 12% of its consolidated revenue and 8% of EBITDA in Q1 FY26, suggesting limited financial impact. BLS termed the ministry's order as a procedural development within the visa outsourcing industry, and said it is working toward resolving the matter. Over recent years, the firm has diversified its business portfolio across new geographies and verticals, securing contracts in the United States, UAE, Spain, Poland, Portugal, and India (UIDAI project), among others. It also expanded through acquisitions such as iDATA and Citizenship Invest. BLS International Services is a global tech-enabled services partner for governments and citizens. It operates in the domain of visa, passport, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services since 2005. The company works with over 46 client governments, including diplomatic missions, embassies, & consulates, and leverages technology and processes that ensure data security. The company's consolidated net profit jumped 49.8% to Rs 181 crore on 44.23% increase in revenue from operations to Rs 710.56 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

The company has secured a significant order to serve as the service provider for establishing and running district-level Aadhaar Seva Kendras (ASK) across India. These centers will offer appointment and walk-in based Aadhaar enrolment, updates, and other miscellaneous Aadhaar-related services. This contract involves outsourcing the delivery of public services as part of a project aimed at expanding Aadhaar accessibility nationwide. The contract is set to be executed over a period of six years. The company has confirmed that neither the promoter, promoter group, nor group companies hold any interest in the entity that awarded this contract. Furthermore, the order does not fall under related party transactions and is conducted at arm's length. BLS International Services is a global tech-enabled services partner for governments and citizens. It operates in the domain of visa, passport, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services since 2005. The company works with over 46 client governments, including diplomatic missions, embassies, & consulates, and leverages technology and processes that ensure data security. The company's consolidated net profit jumped 49.8% to Rs 181 crore on 44.23% increase in revenue from operations to Rs 710.56 crore in Q1 FY26 over Q1 FY25.Powered by Capital Market - Live

BLS International Services has received a work order on 25 August 2025 from Unique Identification Authority of India (UIDAI), New Delhi, Government of India for providing services as 'Service Provider for Establishing and Running District Level Aadhaar Seva Kendra (ASK)' of approx. Rs 2055.35 crore (Inclusive of all duties and taxes).Powered by Capital Market - Live

BLS International Services announced that the 41th Annual General Meeting(AGM) of the company will be held on 16 September 2025.Powered by Capital Market - Live