BSECompany Update3d ago · 3 Nov 2026, 06:27 pm
Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed Investor Presentation with respect to Un-Audited Consolidated and Standalone Financial results of the Company for the second quarter and half year ended on September 30, 2026
BLS International Services Ltd · 540073
✦ AI Summary▲ PositiveResults
BLS International Services Ltd has released its un-audited consolidated and standalone financial results for the second quarter and half year ended September 30, 2026, with revenue and EBITDA growth of 32.0% and 16.6% YoY respectively.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Investor Presentation
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INTERNATIONAL www.blsinternational.com
November 03, 2026
National Stock Exchange of India Ltd., BSE Ltd.,
Exchange Plaza, C-1 Block G, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Dalal Street, Fort,
Bandra [E], Mumbai – 400051 Mumbai - 400 001
NSE Scrip Symbol: BLS BSE Scrip Code: 540073
Dear Sir/ Ma’am,
Subject: Investor Presentation
Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations 2015, please find enclosed Investor Presentation with respect to
Un-Audited Consolidated and Standalone Financial results of the Company for the second quarter and half
year ended on September 30, 2026.
You are requested to take the same on your records.
For BLS International Services Limited
Dharak A. Mehta
Company Secretary & Compliance Officer
ICSI M. No.: FCS12878
Encl: As above
B S Int 11 Iona er
Registered office : G-4B-1 Extension. MOhan co-operative lndl, Estate, Mathura Road, New Deihl· 110044 (INDIA)
\.+91-11-45795002 +91-11-23755264 compliance@blsinternational.net CIN No.: L51909DL1983PLC016907
BLS INTERNATIONAL
SERVICES LIMITED
A Leading Global Travel & Mobility Service Provider
Investor Presentation
Q2 & H1 FY27
BLSI
Safe Harbor
INTERNATIONAL
This presentation and the accompanying slides (the “Presentation”) have been prepared by BLS
International Services Limited (the “Company”) solely for informational purposes. They do not
constitute an offer, recommendation, or invitation to purchase or subscribe to any securities, and
shall not form the basis of or be relied upon in connection with any contract or binding
commitment whatsoever. No offering of securities by the Company will be made except through a
statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data it considers
reliable. However, the Company makes no representation or warranty, express or implied, and no
reliance should be placed on the truth, accuracy, completeness, fairness, or reasonableness of its
contents. The Presentation may not be all-inclusive and may not contain all the information you
may consider material. Any liability arising from the contents of, or any omission in, this
Presentation is expressly disclaimed.
This Presentation contains certain forward-looking statements regarding the Company’s future
business prospects and profitability. These are subject to a number of risks and uncertainties, and
actual results could materially differ from those expressed or implied in such statements. These
risks and uncertainties include, but are not limited to, fluctuations in earnings, the ability to
manage growth, domestic and international competition, economic conditions in India and
abroad, the ability to attract and retain skilled professionals, time and cost overruns on contracts,
management of international operations, government policies and regulatory actions, interest
rates, and other fiscal factors prevailing in the economy. The Company does not undertake to
announce any changes to forward-looking statements should they become materially incorrect in
the future, nor to update any forward-looking statements made from time to time by or on behalf
of the Company.
Table of Contents
INTERNATIONAL
1. Q2 & H1 FY27 Highlights
2. About BLS
3. Annual Financial Highlights
4. Industry Overview
5. Annexures
Q2 & H1 FY27
Highlights
BLSI
Key Developments – Q2 & H1 FY27
INTERNATIONAL
Q2 FY27 KEY UPDATES SPAIN MATTER
500 Mn Applications In August 2026, media reports linked BLS to a Spanish court probe into alleged
Landmark milestone for number of applications processed till date visa irregularities at the Algiers Consulate.
across 100+ countries
AI-led Technology BLS International clarified non-involvement in the alleged
Automation and secure infra driving efficiency, strengthening data irregularities referred to in media reports as confirmed in the stock
security and enhancing the applicant experience, while addressing the exchange intimation dated 24th August, 2026
evolving needs of government partners and applicants worldwide
Global leadership Spain Lawyer’s (registered with the Madrid Bar Association)
Ex-Estonia President Toomas H. Ilves joins as Global Strategic Advisor, Statement dated 19th September 2026, confirmed that – “Following
further strengthening the Global Advisory Board of BLS International our review of the court records currently available, there is, of the
date hereof, no court order directing or requiring any investigation or
Great Place To Work® enquiry into BLS”
Certified as Great Place to Work in India; continues to invest in AI
upskilling to prepare employees for technology-driven future
Spain Operations Remain Sound – No unethical or illegal practice,
Governance & trust Spain operations continue unaffected
CMMI Level 5 and ISO certified for quality and data security, reflect
the company’s commitment to quality, data security and reliable
service delivery at scale
BLS International has no role in or influence over visa
Strong Financial Credibility
ICRA assigned AA- (Stable) / A1+ credit rating, reflecting financial decisions, approvals or rejections
strength and credit worthiness
BLSI
Result Snapshot – Q2 & H1 FY27
INTERNATIONAL
Q2FY27 H1FY27
vs Q2FY26 vs H1FY26
CONSOLIDATED CONSOLIDATED
973 248 202 1,863 500 403
Rs. Crores Rs. Crores Rs. Crores Rs. Crores Rs. Crores Rs. Crores
Revenue EBITDA PAT Revenue EBITDA PAT
+32.0% YoY +16.6% YoY +8.6% YoY +28.7% YoY +20.0% YoY +10.0% YoY
EBITDA Margin 25.5% PAT Margin 20.7% EBITDA Margin 26.9% PAT Margin 21.6%
VISA & CONSULAR VISA & CONSULAR
510 214 3,553 1,070 440 3,537
Rs. Crores Rs. Crores Rs. Rs. Crores Rs. Crores Rs.
Revenue EBITDA Net Rev. / App. Revenue EBITDA Net Rev. / App.
+11.2% YoY +11.2% YoY +10.2% YoY +16.4% YoY +16.2% YoY +10.7% YoY
EBITDA Margin 41.9% EBITDA Margin 41.1%
BLSI
Performance Highlights – Q2FY27 vs Q2FY26
INTERNATIONAL
Consolidated Visa & Consular
____ ____ Including Citizenship Invest & Hotels Business
Revenue ( ▲ 32.0% YoY) EBIT-DA ( ▲- 16.6% YoY) _ _ ____
( ) ( )
Revenue ▲ 11.2% YoY EBITD-A -▲ 11.2% YoY
28.9% 25.5%
41.9% 41.9%
972.7
248.1
736.6 212.8 458.6 509.9 192.2 213.7
Q2FY26 Q2FY27 Q2FY26 Q2FY27
Q2FY26 Q2FY27 Q2FY26 Q2FY27 \. )
-----------------------------------------
( ) Excluding Citizenship Invest & Hotels Business
PAT - -▲ 8.6% YoY
( ) ( )
Net Revenue* ▲ 6.5% YoY Net Rev. / App.* (Rs.) ▲ 10.2% YoY
25.2% 20.7% - - - -
201.7
185.7
387.9 3,553
364.0 3,223
Q2FY26 Q2FY27
\... Q2FY26 Q2FY27 Q2FY26 Q2FY27
( 10.9 Lakh ~)
_ _No. of Ap_plication_s in Q2F_Y27
In Rs. Crores Consolidated Financials * Net Revenue = Revenue less Cost of Services for Visa Business (excl. Citizenship Invest & Hotels Business)
BLSI
Performance Highlights – H1FY27 vs H1FY26
INTERNATIONAL
Consolidated Visa & Consular
____ ____ Including Citizenship Invest & Hotels Business
( ) ( )
Revenue ▲ 28.7% YoY EBIT-DA ▲- 20.0% YoY ( ) (_ _ )
Revenue ▲ 16.4% YoY EBITD-A -▲ 16.2% YoY
28.8% 26.9%
1,863.2 41.1% 41.1%
500.5
1,447.2
417.0 1,070.0
919.3 378.1 439.5
H1FY26 H1FY27 H1FY26 H1FY27
H1FY26 H1FY27 H1FY26 H1FY27
( ) Excluding Citizenship Invest & Hotels Business
PAT ▲ 10.0% YoY
( ) ( )
Net Revenue* ▲ 8.6% YoY Net Rev. / App.* (Rs.) ▲ 10.7% YoY
25.3% 21.6%
403.4 786.2 3,537
366.7 723.9
3,195
H1FY26 H1FY27
l ) H1FY26 H1FY27 H1FY26 H1FY27
( 22.2 Lakh )
_ _No. of A_pplicatio_ns in H1_FY27 _
In Rs. Crores Consolidated Financials * Net Revenue = Revenue less Cost of Services for Visa Business (excl. Citizenship Invest & Hotels Business)
BLSI
Segment Mix – Q2FY27 vs Q2FY26 & H1FY27 vs H1FY26
INTERNATIONAL
Visa & Consular Digital
62% 52% 64%
Revenue Mix
38% 36%
Q2 FY26 Q2 FY27 H1 FY26 H1 FY27
90% 86% 91%
EBITDA Mix
10% 14% 9% 12%
Q2 FY26 Q2 FY27 H1 FY26 H1 FY27
In Rs. Crores Consolidated Financials
BLSI
Consolidated P&L – Q2 & H1 FY27
INTERNATIONAL
Particulars (₹ in Crores) Q2FY27 Q2FY26 YoY H1FY27 H1FY26 YoY
Revenue from Operati
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