BLS International Posts Strong FY26 Revenue And Profit Growth

21 May 2026 CW Team

BLS International Services Limited (BLS International) reported audited consolidated results for the quarter and financial year ended 31 March 2026. It recorded revenue of Rs 29,982 mn in FY26, up 36.7 per cent year on year, with EBITDA of Rs 8,189 mn and profit after tax of Rs 7,238 mn. The board recommended a final dividend of Rs zero point five per share in addition to the interim dividend of Rs two per share, taking total annual payout to about Rs 1,030 mn.

Management attributed growth to contract wins, renewals and a transition to a self-managed operating model and noted a three-year compound annual growth rate in revenue, EBITDA and PAT of 34 per cent, 54 per cent and 49 per cent respectively between FY24 and FY26. The Visa and Consular Services segment delivered segment EBITDA of Rs 7,378 mn on revenue of Rs 18,403 mn in FY26. The division processed 4.41 mn applications and reported net revenue per application of Rs 3,302.

The Digital business posted revenue of Rs 11,579 mn in FY26 and segment EBITDA of Rs 810 mn, reflecting consolidation of Aadifidelis Solutions. The business correspondent vertical reported gross transaction value of about Rs 1,110 bn in the year, including loan leads of roughly Rs 368 bn. At year end digital operations had over 45,800 CSPs and about 155,000 touchpoints.

In the fourth quarter revenue rose to Rs 8,146 mn, EBITDA increased to Rs 2,039 mn and PAT was Rs 1,869 mn, supported by margin benefits from the self-managed centre model and cost optimisation. Visa and Consular revenue in the quarter was Rs 4,717 mn and it processed 1.08 mn applications, with net revenue per application at Rs 3,444, while digital revenue was Rs 3,428 mn with segment EBITDA of Rs 244 mn. The company said it will focus on strengthening long term government partnerships, scaling technology driven solutions, enhancing cybersecurity and deploying AI voice and chatbot tools to improve applicant experience and efficiency.

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