BLS International Reports Robust FY26 Performance with Revenue Hitting Rs. 2,998 Crores

BLS International Reports Robust FY26 Performance with Revenue Hitting Rs. 2,998 Crores​

BLS International Services Limited announced its audited consolidated financial results for the fourth quarter and the full financial year ended March 31, 2026. The company reported significant growth across all key metrics, driven by its expanding global footprint and diversification of services.

During the fiscal year, BLS International Services Ltd. achieved a revenue of Rs. 2,998 Crores, marking a substantial increase of 36.7% year-over-year (YoY). EBITDA surged by 30.1% YoY to Rs. 819 Crores, while Net Profit grew by 34.1% YoY, reaching Rs. 724 Crores.

The Board has recommended a final dividend of Rs. 0.5 per share, in addition to the interim dividend of Rs. 2.0 per share previously paid, making the total annual dividend payout approximately Rs. 103 Crores for FY26.

Strong Growth Across Operational Segments​

Mr. Shikhar Aggarwal, Joint Managing Director of BLS International Services Ltd., stated that the company delivered its highest-ever performance in FY26 across all key metrics. He noted that the robust growth was attributed to strong execution capabilities, a scalable operating model, and deepening government partnerships.

The company demonstrated exceptional performance over the last three years, reporting a Compound Annual Growth Rate (CAGR) of 34% for Revenue, 54% for EBITDA, and 49% for Profit After Tax (PAT) between FY24 and FY26.

Financial Performance Summary (Rs. Crores)​

The consolidated financial highlights show the following growth trajectory:

Segmental Growth Drivers​

The company highlighted two key segments driving its overall performance:

Visa & Consular Services:
The Visa & Consular business recorded revenue growth of 11.3% YoY in FY26, reaching Rs. 1,840.3 Crores from Rs. 1,653.3 Crores in FY25. EBITDA grew by 29.5% YoY to Rs. 737.8 Crores. The segment's EBITDA margin improved significantly to 40.1% in FY26 from 34.5% in FY25, boosted by cost efficiencies and the transition to a self-managed business model. The company processed 44.1 lakh applications in FY26, up from 37.5 lakh in FY25.

Digital Business:
The Digital Business showcased remarkable momentum, with revenue increasing by 114.4% YoY to Rs. 1,157.9 Crores in FY26, significantly driven by the consolidation of Aadifidelis Solutions. For the full year, the Business Correspondent segment witnessed a Gross Transaction Value (GTV) of Rs. 1,11,000+ Crores, compared to approximately Rs. 87,000+ Crores in FY25. At the end of the year, the business had amassed over 45,800+ CSPs and 1,55,000+ touchpoints.

Q4 FY26 Performance Highlights​

In the fourth quarter alone, BLS International Services Ltd. reported a 17.6% YoY growth in Revenue from Operations to Rs. 814.6 Crores (Q4FY25: Rs. 692.8 Crores). EBITDA increased by 17.1% YoY to Rs. 203.9 Crores, and PAT grew 28.7% YoY to Rs. 186.9 Crores.

The Visa & Consular Business maintained its strong performance in Q4FY26, with revenue growing 7.0% YoY to Rs. 471.7 Crores. The EBITDA margin improved to 38.1% in Q4FY26, fueled by cost efficiency and the self-managed operating model. During the quarter, the company processed 10.8 lakh visa applications, a 9.8% increase from 9.8 lakh applications processed in Q4FY25.

The Digital Business saw revenue increase by 36.0% YoY in Q4FY26, reaching Rs. 342.8 Crores, attributed to growth in both the business correspondent and loan distribution businesses. This segment reported a GTV of over Rs. 31,000+ Crores during the quarter.

Strategic Expansion and Technology Advancements​

The company further detailed several operational and strategic developments:

• Geographic Expansion: BLS commenced Cyprus visa operations in Kazakhstan and started Slovakia visa services in Beirut (Lebanon) and Nairobi (Kenya), bolstering its regional presence.
• Partnerships: BLS partnered with IACCIA, an India-Arab business corporation, to provide trade document attestation across 17 India centers.
• Digital Transformation: The company entered into a partnership with Sypha AI to modernize visa and consular processing using AI-powered solutions. Furthermore, an AI Voice Bot was introduced for Spain-Ireland visa applicants, offering instant, human-like support in over 15 languages, part of a broader digital transformation strategy.
• Security: The company strengthened its cybersecurity and technological systems by deploying a multi-layered technological architecture, including advanced application firewalls and OTP verification code systems, to secure visa applications and prevent fraud.

BLS International Services Ltd. is recognized as a trusted global tech-enabled services partner for governments and citizens. The company has an extensive network of more than 50,000+ centers globally and is certified with multiple international quality and security standards.

BLS Stock Price Movement​

On Tuesday, BLS International Services Limited shares gained 2.87% to close at ₹262, following a solid trading session. The stock showed strong buying interest, trading 2.53 million shares on the day.