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BLS International Services share price & results

BLS International Services Limited· Consumer Services· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Outsourced visa, passport, consular, attestation and e-governance services provider to governments across 80+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue69.0 ₹ crore+56.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin13.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit45.0 ₹ crore+4400.0% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity33.67 %−2.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin25.55 %−4.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)31.80 %+5.9 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

2 of 5 judged targets kept · 11 open · verdicts reflect calls analysed to Q1 FY27.

BLS International Services Limited management guidance track record on Inve: 16 targets tracked across analysed earnings calls (2 achieved, 3 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Visa Business EBITDA Margin>30% Sustainable
Call transcript, Q3 FY25 · 12 Feb 2025
Q3 FY25Q1 FY27:Achieved 40.3% margin, continuing the trend of performing well above the sustainable target.
Call transcript, Q1 FY27 · 11 Aug 2026
Achieved
Effective Tax Rate~12% for FY25 & FY26
Call transcript, Q3 FY25 · 12 Feb 2025
Q3 FY25Q1 FY27:The promise for FY25 & FY26 remains unverified. Management has now issued new guidance for ~12% ETR for FY27.
Call transcript, Q1 FY27 · 11 Aug 2026
Ghosted
Revenue and Profitability Growth20%-25% for next 3-4 years
Call transcript, Q1 FY26 · 6 Aug 2025
Q1 FY26Q1 FY27:Management revised long-term organic growth guidance down to 15-20% for the next 5 years. Q1 FY27 revenue growth was 25% YoY.
Call transcript, Q1 FY27 · 11 Aug 2026
Revised Down

Source: Inve Guidance Tracker for BLS International Services Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of BLS International Services Limited's 16 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 13 more targets are in the full ledger.

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Price

₹216.28 +3.42% · +₹7.15

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −32.0% 1Y

₹200₹250₹300Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 12 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 20 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹318.25 on 24 Oct 2025 → ₹216.28. High ₹336.7 (12 Nov 2025), low ₹208.22 (23 Oct 2026).

Previous close
₹209.13
Market cap
₹8.6k Cr
52-week range
₹208.22 – ₹336.7
One year
−31.29%
Price to earnings (TTM to Jun 2026)
12.20×
Return on equity (TTM to Jun 2026)
33.67%

Overview

Symbol
NSE:BLS
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What BLS International Services Limited does

Based on the company's own presentations, annual report and earnings calls.

BLS International is a tech-enabled outsourcing partner to national governments and diplomatic missions, running Visa Application Centres that handle the end-to-end visa, passport, consular, attestation and e-visa process on behalf of client governments and embassies. It earns processing/service fees per application handled at these centres, plus value-added services (courier, insurance, form-filling, translation, biometrics). Through subsidiary BLS E-Services it also runs a Digital Services business delivering Business Correspondent banking and loan distribution, e-governance (Aadhaar/PAN/birth-death certificates, property registration) and assisted e-commerce/PoS services across rural and urban India. It has grown through acquisitions (iDATA, Citizenship Invest, Aadifidelis Solutions, Zero Mass, Starfin India) that extended it into citizenship/residency-by-investment programs and BC/loan distribution.

Segments

  • Visa & Consular Services
  • Digital Services
Global market position
Top 2 global player in visa/passport/consular/citizen services outsourcing
Countries of operation
80+
Client governments served
46+
Cumulative applications processed to date
490 Mn+
Years of global experience
20+
Employees and associates (workforce)
60,000+
Founded 2005Headquarters New Delhi, India Company website

How the price took the results

close before → close after

Q1 FY27
+0.1%
11 Aug
Q4 FY26
+2.4%
20 May
Q3 FY26
−2.6%
6 Feb
Q2 FY26
+9.1%
12 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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