BLS International Services Limited
BLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, and is the biggest global players in visa application outsourcing.
What BLS files
- Others65
- Investor Meet43
- Updates20
- JV/Acquisition18
- Board Meeting12
- Important11
BLS International has scheduled its 42nd Annual General Meeting. The Annual Report for the last financial year is available via a web-link for shareholders, particularly those without registered email addresses.
BLS International categorically denies media allegations of involvement in visa irregularities, asserting its role is purely administrative. All visa decisions rest with diplomatic authorities, with no evidence of company wrongdoing or employee misconduct found.
BLS International delivered strong Q1FY27 results: Revenue grew 25.3% to Rs 891 Cr, EBITDA 23.6% to Rs 252 Cr, and PAT 11.4% to Rs 202 Cr. Growth was driven by robust Visa & Consular (21.6% revenue) and Digital Services (32.2% revenue), with new Belarus visa operations & AI VoiceBot.
BLS International secured upgraded credit ratings from ICRA: AA-(Stable) long-term and A1+ short-term, a notch above current CRISIL ratings. This covers instruments worth Rs. 300 Cr, reflecting strong financials like FY26 operating income of Rs. 2,998 Cr and PAT of Rs. 723.8 Cr.
BLS committee approved granting 0.015 Cr ESOPs at ₹254.70/option to employees. These options, converting to 0.015 Cr shares, vest over 3 years, signaling employee retention & potential future dilution.