Investor Presentation

**1. Financial Highlights:** BLS International posted robust Q1 FY26 results: Revenue up 44% YoY to Rs. 710.6 Cr; EBITDA jumped 53% to Rs. 204.2 Cr (28.7% margin). The company maintains a healthy net cash balance of Rs. 928 Cr. **2. Strategic Initiatives & Growth Drivers:** BLS is expanding through Digital Services diversification (Aadifidelis Solutions) and key acquisitions like iDATA (visa processing) and Citizenship Invest (residency programs). Operational efficiency improves via self-management and tech adoption, benefiting from strong industry tailwinds. **3. Business Developments:** As a trusted partner, BLS serves 46+ governments in 70+ countries with comprehensive visa, passport, and citizen services.

Recent acquisitions (iDATA, Citizenship Invest) significantly expanded its global reach and service offerings, reinforcing market leadership. **4. Market Position & Competitive Advantage:** A top global provider, BLS leverages two decades of expertise, tech-driven solutions, and a broad service portfolio.

Its competitive edge: long-term exclusive contracts, negative working capital, and an asset-light model, driving strong financial returns. **5. Investor Implications:** Updates signal positive growth potential, fueled by strategic acquisitions, service expansion, and operational enhancements.

BLS’s cash-generative model and strong financials position it well for continued expansion in global travel and outsourcing.