BLS International Services Limited — Q2FY27 earnings call summary

Filed 10 November 2026 · Official transcript

FY30 revenue target INR 6,300-6,500 Cr with 20-25% annual growth and 28-30% EBITDA margin
Multiple analyst queries on margin trajectory; Visa margin stable 38-40%, Digital margin expected to improve
Net revenue per application expected to grow 5-6% annually
Company holds INR 1,556 Cr net cash; selective capex and M&A planned
Q2FY27 consolidated revenue INR 973 Cr +32% y-y; EBITDA INR 248 Cr +17%, margin 25.5%
H1FY27 revenue INR 1,863 Cr +29%, EBITDA INR 500 Cr +20%, PAT INR 403 Cr +10%
Visa & Consular Q2 revenue INR 510 Cr +11%, EBITDA margin ~42%
Digital Services Q2 revenue INR 463 Cr +66%, EBITDA margin 7.4%, scaling rapidly