BLS E-Services Crosses Rs 10 bn Revenue Mark in FY26
ECONOMY & POLICY

BLS E-Services Crosses Rs 10 bn Revenue Mark in FY26

BLS E-Services (BLSe) reported consolidated audited results for the year ended 31 March 2026, with total income rising by 109.7 per cent to Rs 11.43 bn and quarter income up 34.1 per cent to Rs 3.29 bn. Revenue from operations for the year reached Rs 11.18 bn, an increase of 115.2 per cent year on year.

EBITDA for FY26 was approximately Rs 1.0 bn, up 16.0 per cent from the previous year, while operating EBITDA rose to Rs 749 mn, a 23.8 per cent increase. Profit after tax for the year was Rs 693 mn, up 17.8 per cent, and quarterly EBITDA and PAT were Rs 260 mn and Rs 182 mn, respectively. Net cash at 31 March 2026 was Rs 4.04 bn, after acquisition and dividend related payouts.

The board has proposed a final dividend of Rs zero point five per equity share, taking the total annual dividend to Rs one per equity share and representing a payout equal to ten per cent of face value. The board recommended the dividend, subject to shareholder approval. This reflects the company's focus on enhancing shareholder value amid expansion.

Gross transaction value for the year exceeded Rs 1.11 tn, up 27.3 per cent year on year, driven by growth in the business correspondent and loan distribution businesses. Loan leads for financial institutions totalled about Rs 368 bn in FY26 compared with Rs 117 bn in FY25. Quarterly GTV amounted to approximately Rs 310 bn against Rs 270 bn in the year-earlier quarter.

Operational progress included onboarding as an Agent Institution by Bharat Connect and State Bank of India for nationwide bill payment services, scaling the eMitra project across Rajasthan and partnerships with Tyger Capital group entities to source loan products for MSMEs and affordable housing. The company described its asset-light and scalable model and a network of 155,000 touchpoints, including 45,800 channel service partners, as key enablers of growth and said a healthy cash balance will support organic and inorganic expansion plans.

BLS E-Services (BLSe) reported consolidated audited results for the year ended 31 March 2026, with total income rising by 109.7 per cent to Rs 11.43 bn and quarter income up 34.1 per cent to Rs 3.29 bn. Revenue from operations for the year reached Rs 11.18 bn, an increase of 115.2 per cent year on year. EBITDA for FY26 was approximately Rs 1.0 bn, up 16.0 per cent from the previous year, while operating EBITDA rose to Rs 749 mn, a 23.8 per cent increase. Profit after tax for the year was Rs 693 mn, up 17.8 per cent, and quarterly EBITDA and PAT were Rs 260 mn and Rs 182 mn, respectively. Net cash at 31 March 2026 was Rs 4.04 bn, after acquisition and dividend related payouts. The board has proposed a final dividend of Rs zero point five per equity share, taking the total annual dividend to Rs one per equity share and representing a payout equal to ten per cent of face value. The board recommended the dividend, subject to shareholder approval. This reflects the company's focus on enhancing shareholder value amid expansion. Gross transaction value for the year exceeded Rs 1.11 tn, up 27.3 per cent year on year, driven by growth in the business correspondent and loan distribution businesses. Loan leads for financial institutions totalled about Rs 368 bn in FY26 compared with Rs 117 bn in FY25. Quarterly GTV amounted to approximately Rs 310 bn against Rs 270 bn in the year-earlier quarter. Operational progress included onboarding as an Agent Institution by Bharat Connect and State Bank of India for nationwide bill payment services, scaling the eMitra project across Rajasthan and partnerships with Tyger Capital group entities to source loan products for MSMEs and affordable housing. The company described its asset-light and scalable model and a network of 155,000 touchpoints, including 45,800 channel service partners, as key enablers of growth and said a healthy cash balance will support organic and inorganic expansion plans.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code