Stock Snapshot
Price Performance
Recommendation Rationale
Strong growth outlook supported by new contracts and operational efficiencies.
Basis of our Recommendation
BLS International has demonstrated robust revenue growth and margin expansion in FY26, driven by new contracts and increased demand for digital services. The company is well-positioned for continued growth, supported by operational efficiencies and a positive outlook for future performance.
Why We Like This Stock
- Significant revenue growth in FY26
- Margin expansion driven by operational efficiencies
- Increased demand for digital services and visa applications
Things To Watch Out For
- nan
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,677 | 2,193 | 2,998 | 3,511 | 4,073 |
| Profit Before Tax (Cr.) | 352 | 601 | 797 | 936 | 1,086 |
| PBT Margin | 21.0% | 27.4% | 26.6% | 26.7% | 26.7% |
| Net Profit (Cr.) | 332 | 529 | 724 | 809 | 938 |
| EPS | 7.7 | 12.1 | 16.7 | 19.6 | 22.8 |
Company Overview
Show Company Profile
BLS International Services Limited provides outsourcing and administrative task of visa, passport, and consular services to various diplomatic missions in India. It operates through the Rendering of Visa and other Allied Services, and Digital Services segments. The company offers citizen and front-end services; consular services; e-visa; biometric and identity management services; verification and attestation services; and value-added services, such as courier, domestic money transfer, and Aadhar card, as well as services related to attestation and apostille, e-governance, business correspondent, and allied services. It also operates in the Middle East, Asia-Pacific, North America, Europe, and Africa. BLS International Services Limited was incorporated in 1983 and is headquartered in New Delhi, India.