BLS E-Services Crosses Rs 1,000 Crore Revenue Milestone, Posts 109.7% Total Income Growth in FY26

BLS E-Services Crosses Rs 1,000 Crore Revenue Milestone, Posts 109.7% Total Income Growth in FY26​

BLS E-Services Limited (BLSe), a digital service provider, today announced its consolidated audited financial results for the fourth quarter and full year ended March 31, 2026.

Speaking about the performance, Mr. Shikhar Aggarwal, Chairman of BLS E-Services Limited, stated that the company reported remarkable performance during Q4 and FY26. Total Income grew by 109.7% year-over-year (YoY) in FY26, supported by strong growth across its core businesses and increasing scale in assisted digital and citizen service offerings.

Mr. Aggarwal noted that the company crossed the Rs 1,000 Crore annual revenue milestone. He added that EBITDA reached approximately Rs 100 Crores, underpinned by a robust business performance and a gross transaction value (GTV) of Rs 1.11 lakh+ Crores during the year. The Chairman further mentioned that the company possesses a healthy cash balance of over Rs 400 Crores, positioning it for continued organic and inorganic expansion.

Consolidated Financial Highlights​

The company's financial performance for the quarter and the full year was detailed in the following consolidated highlights:

Annual and Quarterly Financial Analysis​

Financial Year 2026 (FY26):
The company’s Total Income increased to Rs 1,142.8 Crores in FY26, a significant rise compared to Rs 545.0 Crores in FY25, representing a 109.7% YoY growth. EBITDA grew to Rs 99.9 Crores from Rs 86.1 Crores in FY25, marking a 16.0% YoY increase. Profit after Tax (PAT) rose to Rs 69.3 Crores from Rs 58.8 Crores in FY25, reflecting a 17.8% YoY growth. Net cash as of March 31, 2026, stood at Rs 404 Crores (net of acquisition, dividend, etc related payouts), compared to Rs 399 Crores as of March 31, 2025. The Board of Directors recommended a final dividend of Rs 0.5 per equity share for the financial year, with a total annual dividend payout of Rs 1.00 per equity share.

Quarter 4, FY26 (Q4FY26):
For the quarter, Total Income stood at Rs 328.9 Crores, showing a 34.1% YoY increase, supported by steady business performance. EBITDA recorded Rs 26.0 Crores, and PAT stood at Rs 18.2 Crores.

Operational Highlights for FY26 and Q4FY26​

The company's operational growth was fueled by increased activity across key segments:

• Business Correspondent (BC) Business: For the year, the Business Correspondent business achieved a Gross Transaction Value (GTV) exceeding Rs 1,11,000+ Crores, up from Rs 87,000+ Crores in the previous year. This GTV includes loan leads worth more than Rs 36,800+ Crores for financial institutions in FY26, compared to Rs 11,700+ Crores in FY25. During Q4FY26, the BC business witnessed a GTV of Rs 31,000+ Crores, compared to Rs 27,000+ Crores during Q4FY25.
• Agent Network and Partnerships: During the quarter, the company collaborated with Tyger Capital, Tyger Home Finance, and Niwas Housing Finance to source loan products targeting MSMEs and affordable housing. BLSe has also been onboarded as an Agent Institution (AI) by Bharat Connect and SBI to provide bill payment services nationwide.
• Service Scaling: On the Government-to-Citizen (G2C) side, the company successfully scaled the eMitra project across the entire state of Rajasthan.
• Network Strength: The company's asset-light and scalable operating model remains a key enabler of growth, supported by a wide and growing network of 1,55,000+ touchpoints, including 45,800+ Channel Service Partners (CSPs) in FY26.

BLS E-Services Ltd. is a subsidiary of BLS International Services Ltd. The organization provides a diverse array of services, encompassing Business Correspondent (BC / Rural Banking Outlets) services, Loan Distribution, Assisted E-services, and EGovernance Services across urban, semi-urban, and rural areas.

BLSE Stock Price Movement​

Today, BLS E-Services Limited shares edged higher to close at ₹192.18, recording a modest gain of 0.08% for the session. The stock settled after trading on a volume of 235,036 shares, slightly up from its previous closing price of ₹192.09.