Thursday, 17 August 2017

BLS International registers exponential growth for Q1 FY18 BLS International Services Ltd reports net profit of Rs. 29.06 cr, registers 301% growth in Q1 FY18

Consolidated Results
For the Quarter ended June 30th, 2017 (Q1FY18):
  • Total Income stood at Rs. 195 crore, up by 57.06% q-o-q
  • EBITDA of Rs. 43.3 crore; q-o-q growth of 467.85%
  • Net Profit stood at Rs 29.06 crore; q-o-q growth of 301%
  • EPS for Q1FY18 stood at Rs. 2.84, as compared to Rs. 0.71 (Adjusted for 10:1 split) for Q1FY17

New Delhi, August 10, 2017: BLS International Services Limited (BLS), a specialist provider of Visa, Passport, Attestation and Citizen Services to the Governments across the world, declared its financial results today for the first quarter ended June 30th, 2017.

The company reported Net Profit of Rs. 29.06 crore for Q1 FY18, up by 301%, as compared to Rs. 7.25 crore in the corresponding quarter of last fiscal. The company’s Q1 FY18 PAT margin stood at a robust 14.9%, as compared to 5.8% in Q1 FY17.

Total Income for the quarter ended June 2017 stood at Rs. 195.07 crore, up by 57.06%, as compared to Rs 124.20 crore in the same period last year. The company’s earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1 FY18 stood at Rs. 43.27 crore, up 467.85%. Its EBITDA margin improved from 6.15% in Q1 FY17 to 22.18% in Q1 FY18.

Earnings per share (EPS) for the quarter ended Q1 FY18 stood at Rs. 2.84, as compared with Rs. 0.71 (adjusted for 10:1 split) for the quarter ended Q1 FY17.

Commenting on the financial performance of the company Mr. Shikhar Aggarwal, Joint Managing Director, BLS International Services Limited said, “The exponential results have given a good start to Q1 FY18 which eventually translated the efforts of entire team. These results are a reflection of the pace at which the company is growing that is likely to continue for the next quarters as well. We anticipate further expansion of business in this FY18 with new projects in domestic as well as international market. Our endeavour is to be the preferred service provider for all Governments and Diplomatic Missions in India & overseas.”

The increase in the top line is led by Spain project coupled with expanding reach of the company in domestic market with front end and citizen service project. So far, BLS International has opened 118 offices in 43 countries for the Spain project and will be processing 1.8 Million applications in the current financial year.  

BLS International recently signed the contract with Islamic Republic of Afghanistan in UAE representing the Afghanistan Mission in UAE, Qatar, Oman, Bahrain and Kuwait. Under this partnership, BLS International will be commencing 8 offices providing consular services through registration of Afghan citizens, etc.
Last year, the Govt. of Punjab entrusted BLS International for a unique front end and citizen service project in sync with the Digital India vision as the company has expertise in providing visa processing services to about 29 Govt. clients across the world. BLS, through its 2,147 Sewa Kendras is providing 82 citizen services in close coordination with more than 17 departments of Punjab government. BLS is also an authorized Service Provider for attestation of documents by the Ministry of External Affairs, India. It also serves the Embassy of the State of Kuwait and High Commission of Malaysia and several others in the field of Visa/Attestation of Documents/ Apostille in India.
BLS is also an authorized Service Provider for attestation of documents by the Ministry of External Affairs, India. It also serves the Embassy of the State of Kuwait and High Commission of Malaysia and several others in the field of Visa/ Attestation of Documents/ Apostille in India.
BLS supports the consular framework with streamlined processes and work flows. It has the necessary skilled human resources and technical capabilities (including complete biometric solutions) and financial capabilities to deliver efficient and optimal outsourcing solutions. Moreover, to ensure highly efficient project management, it assigns dedicated teams of skilled and experienced persons with relevant project management experience for each project.
About BLS International Services Limited
(; BSE: 540073; NSE: BLS)
BLS International is the world’s largest Indian specialist service provider for outsourcing of visa, passport, consular, attestation and citizen services to the governments and diplomatic missions globally since 2005. From pre-travel information processes, data processing and biometrics capture of applicants to acceptance of crucial travel documents, BLS plays the catalyst in making travelling easy and effortless. BLS has operations in more than 58 countries and is providing services through 2265 offices worldwide.
Globally, BLS International serves client governments via visa & passport application centers across Asia, Africa, Europe, South America, North America and the Middle East for over 29 client governments. BLS International has operations certified ISO 9001:2008 for Quality Management Systems, ISO 270001-2013 for Information Security Management Systems. The company is listed on the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE) and Metropolitan Stock Exchange of India Ltd.
For More Information, Please Contact:

Ms. Vaishali Sharma
Head – Corp Comm.
BLS International Services
Ph.: +91 - 9643006519

Monday, 7 August 2017

BLS – A socially responsible organization.

It has become appallingly obvious that our technology has exceeded our humanity and the greatness of humanity is not in being human, but in being humane. Any living being that is sent from the Almighty comes along with a purpose and it is thus defined well when a special body strives to win that purpose. Physically Disabled beings strive for self-respectability and self-esteem by being valuable to the society.
They too have aspirations to be self-independent, and opportunities must be offered by giant corporate houses to showcase their capabilities. Actions of firms that contribute to social welfare, beyond what is required for profit maximization, are classified as CSR. There is no better example than BLS International’s commitment to hiring people with disabilities. These talented professionals bring unique experiences that foster innovation and new ideas while contributing to a culture of warmth and true inclusion.
Physically challenged people are generally aware of their limitations and know there are certain things they cannot do in an ordinary manner. Contradictory to popular belief, it is also true that nature compensates them with higher levels of skills in distinguished aspects. At the mental level, they are no different from any other person and in many cases quite often better than them. Society must be sensitive to encourage corporate houses to include physically challenged persons at work places and organisations should aggressively come forward to participate in this social-corporate partnership.
BLS International - Punjab Sewa Kendra project has provided opportunities for physically challenged persons to earn their livelihood just like any other normal persons. Physically challenged persons in rural areas need both the care and attention of family and staying employed. Employment is the biggest source of self-respect of those who are physically challenged. Punjab Sewa Kendra opened such a window of opportunity to those who are well educated and looking for opportunities to prove themselves. It is a matter of pride for such an organisation that 2% of their workforce form inclusion resources.
Such special resources are catering to the needs of citizens through e-governance platforms. In fact, BLS has given the physically challenged persons equal opportunities from the point of recruiting and deputing them in the system for serving the citizens. Even the capacity building and training activity have been undertaken at their workplace such that they handle the operations independently and serve the society on an equal footing in a dignified manner.
People with disabilities are an important component of a diverse pool of talent and BLS International is determined to draw from this valuable resource. We actively seek to hire disabled employees because of the tremendous value they bring to the workplace.

BLS International introduces Mobile Biometric Services

Mobile Bio metrics is a present-day pre-requisite, among massive portfolio of Value Added Services extended by BLS International Services. The organization aims to disentangle visa application process by providing service in the name of Mobile Bio-metrics at an applicant’s offices/residence or any other location, subject to risk assessment.

How will it benefit an applicant? 

Mobile Biometric services make it effortless to serve large groups better such as corporate employees, students, film production unit members, sport teams, special needs groups, and weddings guests. Besides, these kind of mobile services are also quite convenient, time-saving and hassle free way of submitting their visa application.

Mobile Biometrics is also very effective for privacy, which might be awaited from, but not limited to VIP, actors, singers, artists and entrepreneurs. The services speaks volume of personal delivery of services i.e. a dedicated VAC personnel visits your residence/premise/office.

How does our service work?

Applicants are informed about the option of Mobile Biometrics collections through various sources like website, email and call centre. BLS International’s Website has all the required details about Mobile Biometrics, fees and FAQ’s. 

There on, Dedicated Call Centre number and email ID for inquiry for Mobile Biometrics is published on BLS Spain Visa Application website.

For enquiry, applicants can send their queries on email, separate e-mail ID (mentioned below).

If you wish to avail Mobile Biometrics Services extended by BLS International Services Ltd, then please reach out to us at: