BLS International Services Ltd (BLS) — shareholding pattern, promoter holding, financials and share price
About BLS International Services Ltd (BLS)
BLS International Services Ltd operates in the Tour, Travel Related Services industry, within the Consumer Services sector. It trades on the NSE as BLS and on the BSE under scrip code 540073. Its ISIN is INE153T01027.
BLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, and is the biggest global players in visa application outsourcing. [1]
BLS International Services Limited is a global, tech-enabled outsourcing partner for governments and citizens that provides visa, passport, consular, e-governance, biometric and allied citizen services alongside a growing digital-services arm (business correspondent, loan distribution and G2C services) across more than 46 client governments and multiple geographies, leveraging an asset-light, partner-led network of touchpoints and centres.
Financial momentum is strong: consolidated Q3FY26 revenue rose 44% year-on-year to INR737 crores and 9MFY26 revenue grew 46% to INR2,184 crores, with PAT for 9MFY26 at INR537 crores, reflecting higher application volumes, improved visa segment margins to ~40–41%, and consolidation synergies from recent acquisitions that materially boosted near-term profitability for BLS International Services Limited.
Listed peers in Tour, Travel Related Services: TBO Tek Ltd, Le Travenues Technology Ltd, Waterways Leisure Tourism Limited, Thomas Cook (India) Ltd, Easy Trip Planners Ltd, Yatra Online Ltd.
Valuation & Returns
10 Jul 2026At ₹237.3 a share on 10 Jul 2026, BLS International Services Ltd (BLS) was valued at a price-to-earnings ratio of 13.5x against an industry P/E of 38.95x and a price-to-book of 3.97x on a book value of ₹59.83 per share. Solomo computes return on equity of 27.88% and return on capital employed of 28.34% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 13.5x
- Industry P/E
- 38.95x
- P/B
- 3.97x
- EPS (TTM)
- ₹17.58
- Book value / share
- ₹59.83
- ROE
- 27.88%
- ROCE
- 28.34%
- ROA
- 19.2%
- Debt / equity
- 0.17x
- Dividend yield
- 1.26%
- EBITDA margin
- 30.49%
- 52-week range
- ₹218.45 – ₹415
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, BLS International Services Ltd (BLS) reported revenue of ₹2,998 crore, net profit of ₹724 crore and earnings per share of ₹16.68. That compares with revenue of ₹2,193 crore and net profit of ₹540 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹815 crore and net profit ₹187 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 850 | 1,516 | 1,677 | 2,193 | 2,998 |
| Net profit (₹ cr) | 111 | 204 | 326 | 540 | 724 |
| EPS (₹) | 2.72 | 4.89 | 7.6 | 12.34 | 16.68 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 27.19% | 21.12% | 50.95% | 30.80% |
| Profit growth | 38.02% | -0.98% | 10.87% | 65.73% |
| Stock price CAGR | - | 48% | 2% | -39% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 70.39% of BLS International Services Ltd (BLS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 4.14% and domestic institutional investors (DII) hold 3.1%. Market capitalisation was ₹9,771 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2016.
Largest disclosed public shareholders in Jun 2026: Life Insuance Corporation of India 2.23%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 70.39% | - | 4.14% | 3.1% | 29.57% |
| Mar 2026 | 70.39% | - | 6.14% | 2.99% | 29.56% |
| Dec 2025 | 70.39% | - | 6.37% | 2.93% | 29.59% |
| Sep 2025 | 70.39% | - | 6.82% | 2.9% | 29.6% |
| Jun 2025 | 70.39% | - | 8.53% | 2.87% | 29.58% |
| Mar 2025 | 70.38% | - | 9.94% | 2.26% | 29.58% |
| Dec 2024 | 70.38% | - | 10.94% | 1.37% | 29.57% |
| Sep 2024 | 70.38% | - | 8.96% | 1.72% | 29.55% |