Market Updates:
Today, Nifty 50 opened at 25,511.65, made its high/low at 25,524.05/ 25,340.45 respectively, and closed with a fall of 120.85 points (0.47%) at 25,355.25 whereas Sensex opened at 83,658.20, made its high/low at 83,742.28/ 83,134.97 respectively, and closed with a fall of 345.80 points (0.41%) at 83,190.28. So, Both Nifty and Sensex has shown negative performance today. Here we are discussing about a tech-driven unique business model company with an organic growth, high volume international expansion with a strong financial. The company is BLS International Ltd.
BLS International Services Ltd: A Business Blueprint
Overview about its Business
The company was founded in 2005, New Delhi India. It is a tech-enabled outsourcer for governments and diplomatic missions. The company has more than 19 years of experience with rank among the top two global players in this niche. The key services that company is providing are: Visa/passport processing, Biometric enrolment & e-governance, Attestation & document verification, and Value-adds: travel insurance, mobile biometrics, messaging.
Global Reach & Scale
BLS International has a strong global presence and it enabling its service to millions of applicants efficiently and securely.
It covers more than 66 countries across Asia, Europe, the Americas, Africa, and the Middle East with more than 46 foreign government clients to provide visa consular, and citizen services through embassies, consulates, and diplomatic missions.
The company operates more than 27,000-50,000 centres with 20,000–60,000 employees globally. It also processed more than 360 million applications successfully. The high business revenue comes from countries like Spain, Italy, UAE, Saudi Arabia, Russia, Canada, and India, among others.
Financial Strength & Growth
It is a mid-cap tech company with market cap ₹ 15,831 Crore. The stock is trading in a current price ₹384. The 52-week high/low are ₹522/308 respectively. The price earning ratio of the stock is 31.2. The ROE/ROCE are 34.6 /32.9 % respectively.
If we compare the quarterly result between Dec-2024 and March 2025:
Revenue was ₹ 495 Crore in Dec-2024 and it is ₹ 693 Crore in March-2025.
Net profit was ₹ 128 Crore in Dec-2024 and it is ₹ 145 Crore in March-2025.
Hence, the EPS was ₹ 2.93 in Dec-2024 and it is ₹ 3.28 Crore in March-2025.
Similarly, if we compare the yearly result between March-2024 and March 2025:
Revenue was ₹ 1,677 Crore in March-2024 and it is ₹ 2,193 Crore in March-2025.
Net profit was ₹ 326 Crore in March-2024 and it is ₹ 540 Crore in March-2025.
Hence, the EPS was ₹ 7.60 in March-2024 and it is ₹ 12.34 Crore in March-2025.
The company’s short-term and long-term performance and future growth:
The company’s short-term and long-term returns are: 1-day return: 2.24%, last 5days return: 4.64%, 1-Month return: -0.66%, 1-year return: 1.63%, 3 years return: 266%- and 5-years return: 2352%. The company has already given huge returns to its long-term investors and its further performance depends only upon future trajectory as well as decisions and other competitor performance.
BLS International’s has produced robust financial results both quarterly and annually with letting others an impression of strong picture of a company in growth mode with improving fundamentals.
According to Shikhar Aggarwal, Joint Managing Director of BLS International “BLS International Ltd is vying for international visa contracts worth $2 billion… Several countries are also keen to have more competitors in visa business.” He also added that, “BLS International Services is also planning to invest Rs 2,000 crore over the next three years in the domestic and international markets”.
This reflects the company’s determination to expand not only India but also worldwide.