BLS International reported a 48.8% year-over-year increase in consolidated revenue, reaching ₹736.6 Crores. Operating EBITDA grew by 29.7% to ₹212.8 Crores, with EBITDA margins at 28.9%. The company won a major UIDAI contract worth ₹2,055.35 Crores and entered the hospitality sector with the acquisition of Trefeddian Hotel in the UK for ₹78.3 Crores. Net cash balance stands at ₹1,306 Crores.
Financial Performance Highlights
BLS International Services Ltd. announced robust financial results, marked by significant revenue and profit growth. Key highlights include:
- Revenue Growth: Consolidated Revenue increased by 48.8% year-over-year, reaching ₹736.6 Crores.
- EBITDA Growth: Operating EBITDA grew by 29.7% to ₹212.8 Crores.
- EBITDA Margin: Maintained a healthy EBITDA margin of 28.9%.
Key Business Developments
Several strategic initiatives and contract wins contributed to the company’s strong performance:
- UIDAI Contract: Secured a significant contract from the Unique Identification Authority of India (UIDAI) to establish and operate District-Level Aadhaar Seva Kendras, valued at ₹2,055.35 Crores, to be executed over six years.
- MEA Contract: Awarded a three-year contract by the Ministry of External Affairs, Government of India, to establish and operate Indian Visa Application Centres across China.
- Hospitality Sector Entry: Acquired 100% shareholding in Trefeddian Hotel (Aberdovey) Limited in the United Kingdom for a total consideration of ₹78.3 Crores, marking its strategic entry into the hospitality sector.
- Cash Flow: The company continues to generate strong cash flows, with a strengthened balance sheet and a net cash balance of ₹1,306 Crores as of September 30, 2025.
Q2FY26 Consolidated Performance
A comparison of Q2FY26 against Q2FY25 reveals the following:
- Revenue from Operations: Increased by 48.8%, from ₹495.0 Crores to ₹736.6 Crores.
- EBITDA: Increased by 29.7%, from ₹164.0 Crores to ₹212.8 Crores.
- PAT: Increased by 27.4%, from ₹145.7 Crores to ₹185.7 Crores.
H1FY26 Consolidated Performance
A comparison of H1FY26 against H1FY25 reveals the following:
- Revenue from Operations: Increased by 46.5%, from ₹987.7 Crores to ₹1,447.2 Crores.
- EBITDA: Increased by 40.3%, from ₹297.2 Crores to ₹417.0 Crores.
- PAT: Increased by 37.6%, from ₹266.5 Crores to ₹366.7 Crores.
Segment Highlights
The company’s performance is broken down by Visa & Consular Services and Digital Services:
Visa & Consular Services
- Q2FY26: Revenue from Operations increased by 9.8%.
- H1FY26: Revenue from Operations increased by 10.5%.
Digital Services
- Q2FY26: Revenue from Operations increased significantly by 259.3%.
- H1FY26: Revenue from Operations increased significantly by 238.6%.
Source: BSE
