BSECompany Update2d ago · 18 Aug 2026, 03:26 pm

Dear Sir/ Ma'am, In continuation to our intimation dated August 06, 2026, please find enclosed a transcript of the Earnings Call held on Tuesday, August 11, 2026 to discuss the operational ....

BLS International Services Ltd · 540073

✦ AI Summary▲ PositiveResults

BLS International Services Ltd reported a strong start to FY 2027 with 25% year-on-year growth in revenue and 24% growth in EBITDA, driven by diversified business model, global footprint, and disciplined execution capabilities. The company achieved its highest ever quarterly revenue, EBITDA, and PAT.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10

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BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

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August 18, 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 SUBJECT: Transcript of Earnings Call held on August 11, 2026 Dear Sir/ Ma’am, In continuation to our intimation dated August 06, 2026, please find enclosed a transcript of the Earnings Call held on Tuesday, August 11, 2026 to discuss the operational and financial performance of the Company for the first quarter ended on June 30, 2026. The transcript is also available on the Company’s website at https://www.blsinternational.com/transcript 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 “BLS International Services Limited Q1 FY27 Earnings Conference Call” August 11, 2026 MANAGEMENT: MR. NIKHIL GUPTA -- MANAGING DIRECTOR MR. SHIKHAR AGGARWAL – JOINT MANAGING DIRECTOR MR. AMIT SUDHAKAR – CHIEF FINANCIAL OFFICER MR. LOKANATH PANDA – CHIEF OPERATING OFFICER-BLS E-SERVICES LTD ANALYST: MS. DEEPALI KUMARI - ARIHANT CAPITAL MARKETS BLS International Services Limited August 11, 2026 Moderator: Ladies and gentlemen, good day, and welcome to BLS International Services Limited Q1 FY27 Conference Call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference to Ms. Deepali Kumari from Arihant Capital Markets. Thank you, and over to you, ma'am. Deepali Kumari: Thank you all for joining the Q1 FY27 Earnings Call of BLS International Services Limited. Before we proceed, let me remind you that the discussion may contain forward-looking statements that may involve known or unknown risks, uncertainties and other factors. It must be viewed in conjunction with the company's business risks that could cause future results, performance or achievements to differ significantly from what may be expressed or implied by such forward-looking statements. From the management today, we have Mr. Nikhil Gupta, Managing Director; Mr. Shikhar Aggarwal, Joint Managing Director; Mr. Amit Sudhakar, Chief Financial Officer and Mr. Lokanath Panda, Chief Operating Officer of BLS E-Services Limited. I would like to hand over the call to Mr. Shikhar Aggarwal for his opening remarks, post which Mr. Amit Sudhakar will discuss the financial performance of the company, and then we will open the floor for an interactive Q&A session. Thank you. And over to you, Mr. Shikhar. Shikhar Aggarwal: Good morning, everyone, and thank you for joining us on BLS International's Q1 FY27 Earnings Call. We hope you've had the opportunity to review the results, press release and investor presentation uploaded on the stock exchanges as well as on our website. We are pleased to report a strong start to FY 2027, delivering robust year-on-year growth across key financial metrics. Revenue and EBITDA grew by 25% and 24% year-on-year, respectively, reflecting the strength of our diversified business model, global footprint and disciplined execution capabilities. We also achieved 2 significant milestones during the quarter, recording our highest ever quarterly revenue of INR 891 crores, EBITDA of INR 252 crores and PAT of INR 202 crores for the first time in the company's history. This performance was supported by healthy contribution from both our Visa & Consular Services and Digital Business, which continued to demonstrate resilient and strong operational momentum. Further, our extensive geographical footprint spanning over 100 countries, together with our strong operational framework and comprehensive suite of global mobility and travel services Page 2 of 14 BLS International Services Limited August 11, 2026 has strengthened our ability to mitigate the impact of external uncertainties and market-specific challenges. This diversified business model continues to support sustainable growth while enabling us to pursue emerging opportunities across geographies and service offerings. The Visa & Consular services business continues to witness strong traction where we delivered robust growth during the quarter, with both revenue and EBITDA increasing by 22% year-on- year. The growth was primarily driven by strong traction in our Visa business, along with increasing momentum in citizen service business. The performance was well complemented by operating leverage benefits and sustained efforts towards process optimization. Although application volumes in the core Visa and service business remained broadly stable year-on-year, the net revenue per application grew by 11%. The growth was driven by higher pricing from newer contracts and better revenue mix, highlighting our ability to enhance monetization and deliver great value across customer touchpoints. During the quarter, we continued to strengthen our global Visa & Consular platform through a series of strategic initiatives. We commenced Belarus Visa applications in Mumbai, expanding access to efficient and seamless Visa application across multiple travel categories. We also launched #VisaReadywithBLSInternational awareness campaign to help applicants navigate better Visa process and introduce an AI-powered bot for our missions globally, enabling 24/7 virtual assistance, reinforcing our focus on technology-led service delivery and customer convenience. Our Digital Service business has also shown strong momentum, with revenue growing by 32% to INR 330 crores this quarter. The growth was led by healthy traction in the BC business and loan distribution business, along with sustained expansion of our assisted digital service offerings. As the business continues to scale, we witnessed significant operating leverage benefits, resulting in a strong 46% year-on-year growth in EBITDA to INR 27 crores. The BC business is witnessing significant transactions, with GTV increasing to more than INR 29,500 crores during the quarter as compared to INR 26,200 crores during first quarter last year. During the quarter, the Digital Service business secured a contract from the government of West Bengal to undertake beneficiary verification and card approval services under Ayushman Bharat PM-JAY and Ayushman Vay Vandana schemes across the state. Additionally, the company strengthened its presence across banking, insurance, government- led citizen services through key mandates and partnerships, including a fresh mandate from Tamil Nadu Grama Bank and partnered with Coverfox Insurance to provide services through a network of 1.58 lakh BLS touchpoints. We are continually strengthening our technology across both our businesses by leveraging AI, advanced analytics, cloud platforms and automation to enhance security, scalability and Page 3 of 14 BLS International Services Limited August 11, 2026 performance while delivering smarter, faster and more reliable solutions to partner, customers and client governments. Our continued investment in technology is helping us deepen trust with governments while strengthening our customer-first approach. To conclude, the period ahead presents meaningful opportunity for BLS International. Our diversified presence across geographies and service lines, growing scale in priority markets and strong engagement pipeline positions us well to sustain growth momentum. Now, I'll hand over the call to Mr. Amit Sudhakar, our CFO, to walk you through our financial performance. Thank you. Amit Sudhakar: .Thank you, Shikhar. Good morning, everyone, and thank you for joining us. Let me take you through the numbers for the quarter ended June 30, 2026. I will cover our consolidated performance, [Showing first 8,000 characters — download PDF for full document]