BLS International Delivers Strong Q1FY27 Performance, Reinforcing Growth Outlook

BLS International has delivered a strong start to FY27, reinforcing its growth outlook across both Visa & Consular Services and Digital Services.

Financial Highlights (Q1 FY27 vs Q1 FY26)
- Revenue: ₹890.5 Cr (↑25.3% YoY)
- EBITDA: ₹252.4 Cr (↑23.6% YoY)
- PAT: ₹201.6 Cr (↑11.4% YoY)
- EBITDA Margin: 28.3% (slightly lower than 28.7% last year)
- Visa Applications Processed: 11.3 lakh

Visa & Consular Services
- Revenue: ₹560.1 Cr (↑21.6% YoY)
- EBITDA: ₹225.9 Cr (↑21.5% YoY)
- Net revenue per application: ₹3,521 (↑11.2% YoY)
- Growth driven by transition to a self‑managed operating model and efficiency gains.

Digital Services
- Revenue: ₹330.4 Cr (↑32.2% YoY)
- EBITDA: ₹26.5 Cr (↑45.5% YoY)
- Business Correspondent segment GTV: ₹29,500+ Cr (vs ₹26,000+ Cr last year)
- Strong momentum from loan distribution and correspondent banking services.

Strategic Highlights
- Belarus Visa Operations launched in Mumbai.
- #VisaReadyWithBLSInternational campaign to educate applicants on timelines and documentation.
- AI‑powered VoiceBot launched in the UK for Spanish mission, offering 24/7 visa assistance.

👉 Overall, BLS International is showing resilience despite geopolitical challenges, with diversified growth across geographies and segments. The company’s focus on technology, efficiency, and global expansion positions it well for sustained momentum through FY27.