Aggarwal stated BLS International continues to see robust quantity growth and expects additional growth via new authorities tenders and contract renewals. The corporate processed round 45 lakh visa purposes throughout FY26, whereas quarterly software volumes crossed 11 lakhs.
The corporate stated margins in its visa enterprise improved to round 40%, in contrast with almost 34% final yr, whereas consolidated margins remained secure at round 25% due to the decrease-margin digital enterprise acquired via RD Phillips. Aggarwal stated the corporate expects margins within the visa enterprise to stay secure going ahead.
Additionally Learn | BLS International shares acquire almost 10%; Co continues to focus on as much as 25% growth
In accordance with Aggarwal, BLS International has secured a number of new contracts through the yr, together with tasks with the governments of China, Cyprus, Slovakia, Italy, Poland and Portugal, together with a contract from Distinctive Identification Authority of India.
He stated the UIDAI undertaking has already entered part one deployment, with over 50 workplaces operational throughout India, whereas full revenue contribution is predicted over the subsequent six to seven months.
He stated demand for journey to Europe continues to stay increased than final yr regardless of coverage adjustments and geopolitical uncertainties.
Aggarwal stated geopolitical conflicts in West Asia and Europe have solely created non permanent disruptions for the enterprise, whereas lengthy-time period demand traits stay intact. The corporate’s earnings earlier than curiosity, taxes, depreciation, and amortisation (EBITDA) and revenue after tax additionally grew greater than 35% to over ₹800 crore within the monetary yr 2025-26 (FY26).
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The corporate additionally expects additional market share good points within the world visa outsourcing trade. Aggarwal stated BLS International’s market share has elevated from round 5-7% almost a decade in the past to about 15-18% presently.
He added that contemporary outsourcing alternatives from governments in Latin America and Africa, together with newer providers such as passport renewal outsourcing, might drive additional growth.
BLS International presently has a market capitalisation of ₹11,084.07 crore. Shares of the corporate have declined greater than 31% over the past one yr.
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