| Metric | Value (₹ Cr) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 736.46 | 0.0% | 43.6% |
| Total Income | 757.41 | 0.3% | 43.6% |
| Expenditure | 566.85 | 2.6% | 46.3% |
| PBT | 190.56 | 6.0% | 35.9% |
| Net Profit | 170.22 | 8.3% | 33.1% |
| OPM | 26.88% | 2.00pp | 8.76pp |
| NPM | 22.47% | 2.11pp | 1.78pp |
| EPS | 3.95 | 7.3% | 34.8% |
BLS International Services Ltd Continues Strong Financial Performance in Q3FY26
06 Feb 2026 · 6 Feb, 3:08 pm
Summary
BLS International Services Ltd has reported a robust performance in Q3 & 9M FY26. The Company has almost achieved the full-year FY25 performance in nine months of FY26. It secured a five-year global contract from the Slovak Republic and Visa outsourcing contract from the High Commission of the Republic of Cyprus. It also secured a project from the Bihar Government worth Rs. 100 Crores. The Company delivered a growth of 43.6% YoY in revenue, 25.3% YoY in EBITDA, and 33.1% YoY in net profit.
Key Highlights
- 1
Secured a five-year global contract from the Slovak Republic to establish and operate Visa Application Centres in over 80 countries
- 2
Secured Visa outsourcing contract from the High Commission of the Republic of Cyprus, extending its services in South Africa, Lesotho, Eswatini, Mauritius, Botswana, Zimbabwe, Zambia, Namibia, Madagascar, Malawi, and Mozambique
- 3
Secured contracts with Cyprus for other countries, including China, Mongolia, Cambodia, Laos and Kazakhstan
- 4
Secured a project from the Bihar Government worth Rs. 100 Crores, for establishing Permanent Enrolment Centres (PEC) for Aadhar
- 5
Successfully renewed its nationwide contract with India’s Ministry of External Affairs to provide attestation and apostille services across 17 major centres
- 6
Awarded a Three-Year contract from the Ministry of External Affairs, Govt. of India, to establish and operate Indian Visa Application Centres (VACs) across three majors of China
Management Comments
Shikhar Aggarwal
Joint Managing Director, BLS International Services Ltd
The Company has concluded the 9MFY26 period with a consistent performance, as it almost achieved the full-year FY25 performance on both the topline and bottom-line. This performance was driven by multiple contract wins across major geographies, diversification of service portfolio, and consolidation of acquired businesses over the last few quarters. Further, Q3FY26 was a strong quarter for the company, as revenue expanded by 43.6% YoY supported by healthy momentum across both the Visa & Consular Services and Digital Services segments. EBITDA for the quarter increased by 25.3% YoY, while PAT recorded a growth of 33.1% yoy, reflecting disciplined execution and operational efficiencies.
Informational and educational content only. Not investment advice.