# BLS International Services (BLS) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/bls

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹224.6
- Change: -1.00%
- As of: 2026-11-06
- 1D return: -1.00%
- 5D return: +7.35%
- 1M return: +4.43%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

BLS closed at ₹226.87 on November 5, 2026, following two consecutive upward gaps (+4.7% and +5.1%) that have lifted the price into the upper-middle of its 20-day range (+64.4%). This short-term bounce occurs within a broader bearish structure: the stock remains below its 200-day SMA and Supertrend on the daily chart, while weekly and monthly trends are decisively bearish with strong conviction (monthly ADX 64.75). The stock is trading near the lower end of its 252-day range (+16.9%) and sits in a significant drawdown (-55.1% current, -58.8% maximum). Immediate support lies at ₹226.04 (0.37% below), with resistance starting significantly higher at ₹282.70 (24.61% above). High annualized volatility (+45.5%) and wide intraday ranges suggest elevated risk. A sustained move above the 200-day SMA would be required to challenge the prevailing downtrend.

- Short-term momentum: Two upward gaps (+4.7%, +5.1%) drove a +4.7% daily return on Nov 5, positioning price in the top 36% of its 20-day range.
- Trend conflict: Daily price is above 20/50-period EMAs but below the 200-day SMA and Supertrend; weekly/monthly trends remain bearish with strong conviction.
- Risk profile: Current drawdown is -55.1% from highs; annualized volatility stands at +45.5% with an ATR of 4.08%, indicating high price sensitivity.
- Key levels: Support at ₹226.04 (0.37% below); next major resistance at ₹282.70 (24.61% above).

- Inside Bar
- Shooting Star
- Bearish Engulfing Reversal

### News Context

BLS International reported record Q2 FY27 revenue of ₹973 crore, driven by a 66.4% surge in Digital Services and steady growth in Visa and Consular Services. EBITDA and profit after tax rose 16.6% and 8.6% respectively, reflecting strong operational performance and plans to expand its AI-led technology ecosystem. Despite these robust financial results, the company's shares have declined 58% from their January 2025 peak, extending losses throughout 2026. This divergence highlights a significant gap between fundamental earnings growth and market valuation trends during the reporting window.

- Record Q2 FY27 revenue of ₹973 crore, with Digital Services growing 66.4% year-on-year.
- Profit after tax increased by 8.6%, while EBITDA rose 16.6% in the quarter.
- Shares have fallen 58% from their January 2025 high, contrasting with strong quarterly earnings.
- Company is expanding its AI-led technology ecosystem alongside traditional visa and consular services.

- [HEG Advanced Materials shares gains 10% on ₹1,606-crore anode expansion plan](https://www.thehindubusinessline.com/companies/heg-advanced-materials-shares-gains-10-on-1606-crore-anode-expansion-plan/article71664683.ece)
- [BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?](https://www.livemint.com/market/bls-international-q2-results-record-revenue-on-digital-services-growth-but-can-strong-earnings-revive-shares-11793718530166.html)

### Official Filings

BLS International Services Limited reported unaudited financial results for the quarter and half-year ended September 30, 2026, highlighting significant growth in revenue and profit. The consolidated group recorded Total Income of ₹428.12 crores for Q2, a 55.1% year-on-year increase, while Net Profit after tax rose 12.4% to ₹20.54 crores. Standalone revenue from operations reached ₹973 crores, up 32.0% YoY, with EBITDA increasing 16.6% to ₹248 crores. For the half-year, standalone revenue was ₹1,863.2 crores (+28.7% YoY) and PAT was ₹500.5 crores (+20.0% YoY). The company also announced the completion of its acquisition of Atyati Technologies Private Limited on July 2, 2026, for ₹145.83 crores, funded by IPO proceeds. Additionally, BLS executed a sub-division of equity shares from ₹10 to ₹5 face value subsequent to the quarter end.

- Q2 FY27 Consolidated Total Income grew 55.1% YoY to ₹428.12 crores, with Net PAT rising 12.4% to ₹20.54 crores.
- Standalone Revenue from Operations hit a record ₹973 crores in Q2 (up 32.0% YoY), supported by Visa & Consular and Digital Services segments.
- Acquisition of Atyati Technologies Private Limited completed on July 2, 2026, for ₹145.83 crores; purchase-price allocation remains provisional.
- Equity shares subdivided from ₹10 to ₹5 face value post-quarter end; Ex-Estonian President Toomas Hendrik Ilves appointed as Global Strategic Advisor.

- [BLS International Services Limited has informed the Exchange about Copy of Newspaper Publication of Unaudited Financial Results of the Company for the Second quarter ended on September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BLS_04112026145733_Intimation_of_Newspaper_publication_signed.pdf)
- [BLS International Services Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BLS_04112026185942_Intimation_of_audio_recording_of_earnings_call_04112026_signed.pdf)
- [BLS INTERNATIONAL SERVICES LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13904_WebXMLFile_20261104_191402269.xml)
- [BLS Polymers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/BLSPOLYMERS_03112026141838_Trading_window_closure_BLS_Polymers_Signed.pdf)
- [BLS International Services Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BLS_03112026143832_Outcome_Board_meeting_03112026_Signed.pdf)
- [BLS International Services Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "BLS International Reports Strong Q2 & H1 FY27 Performance; Revenue Grows to Rs. 973 Crores, the Highest Ever". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/BLS_03112026165936_Press_Release_signed.pdf)
- [BLS International Services Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/BLS_03112026182746_Investor_presentation_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752228_03112026082030_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752230_03112026082258_WEB.xml)
- [BLS International Services Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BLS_29102026165245_Intimation_of_Earning_call_invite_Signed.pdf)

### Fundamentals

BLS International Services demonstrates a robust top-line expansion with revenue rising 32% year-on-year to ₹973 crore in Q2 FY2026-27, following a 49% jump in the prior quarter. However, earnings quality shows signs of strain as operating profit margin compressed from 28.9% in Q1 to 22.9% in Q2, driven by expenses growing faster than sales (₹773 crore vs ₹891 crore). Despite this margin pressure, net profit remained stable at ₹202 crore sequentially, supported by consistent other income. The balance sheet reflects aggressive capital deployment; fixed assets increased to ₹1,961 crore by September 2026, and cash reserves nearly doubled to ₹659 crore. While borrowings rose modestly to ₹432 crore, the company’s strong cash generation is evident, with Cash from Operating Activities reaching ₹903 crore for the full year ended March 2026. Shareholding patterns indicate a shift, with Foreign Institutional Investors reducing their stake from 8.96% to 3.88% over three years, while promoter holding remains stable around 70.4%.

- Revenue growth decelerated to 32% YoY in Q2 FY2026-27, with sequential revenue increasing to ₹973 crore.
- Operating profit margin contracted to 22.9% in Q2 from 28.9% in Q1, as expenses rose 14% sequentially to ₹773 crore.
- Net profit held steady at ₹202 crore in Q2, while cash from operations totaled ₹903 crore for FY2025-26.
- Fixed assets expanded significantly to ₹1,961 crore by Sep 2026, alongside a rise in trade receivables to ₹239 crore.

### Bear Case

BLS International’s shares have declined 58% from their January 2025 peak, with the stock currently trading at ₹226.87 as of November 5, 2026. Despite reporting record Q2 FY27 revenue of ₹973 crore and strong growth in Digital Services, the market has extended losses throughout 2026. Technical indicators reinforce a bearish setup: the monthly ADX is 64.75, signaling a strong downtrend, while the weekly Supertrend remains bearish. The stock is down 28.5% year-to-date and has suffered a maximum drawdown of -58.8%. Resistance levels are distant, with the nearest significant resistance at ₹282.70 (24.61% above current price), suggesting limited near-term upside momentum.

- Shares have fallen 58% from the January 2025 high to ₹226.87, extending losses through 2026 despite record Q2 FY27 revenue of ₹973 crore.
- Technical trends are bearish across timeframes, with a monthly ADX of 64.75 and Supertrend direction indicating sustained downward pressure.
- The stock is down 28.5% year-to-date and has experienced a maximum drawdown of -58.8%, reflecting significant volatility and investor outflows.
- Nearest resistance is located at ₹282.70 (24.61% above current price), implying that any recovery would require overcoming substantial overhead supply.

- [HEG Advanced Materials shares gains 10% on ₹1,606-crore anode expansion plan](https://www.thehindubusinessline.com/companies/heg-advanced-materials-shares-gains-10-on-1606-crore-anode-expansion-plan/article71664683.ece)
- [BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?](https://www.livemint.com/market/bls-international-q2-results-record-revenue-on-digital-services-growth-but-can-strong-earnings-revive-shares-11793718530166.html)
- [BLS International Services Limited has informed the Exchange about Copy of Newspaper Publication of Unaudited Financial Results of the Company for the Second quarter ended on September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BLS_04112026145733_Intimation_of_Newspaper_publication_signed.pdf)
- [BLS International Services Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BLS_04112026185942_Intimation_of_audio_recording_of_earnings_call_04112026_signed.pdf)
- [BLS INTERNATIONAL SERVICES LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13904_WebXMLFile_20261104_191402269.xml)
- [BLS Polymers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/BLSPOLYMERS_03112026141838_Trading_window_closure_BLS_Polymers_Signed.pdf)
- [BLS International Services Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BLS_03112026143832_Outcome_Board_meeting_03112026_Signed.pdf)
- [BLS International Services Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "BLS International Reports Strong Q2 & H1 FY27 Performance; Revenue Grows to Rs. 973 Crores, the Highest Ever". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/BLS_03112026165936_Press_Release_signed.pdf)
- [BLS International Services Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/BLS_03112026182746_Investor_presentation_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752228_03112026082030_WEB.xml)

### FAQs

**What were BLS International's key financial results for Q2 FY27?**

For the quarter ended September 30, 2026, BLS reported standalone revenue from operations of ₹973 crore, up 32.0% year-on-year. Consolidated total income rose 55.1% to ₹428.12 crore, while net profit after tax increased 12.4% to ₹20.54 crore. EBITDA grew 16.6% to ₹248 crore, driven by a 66.4% surge in Digital Services.

**How has the stock price performed relative to its recent peak?**

As of November 5, 2026, the share closed at ₹226.87, reflecting a significant decline from its January 2025 peak. The stock is down 58% from that high and has recorded a maximum drawdown of -58.8%. Year-to-date returns stand at -28.5%, with a one-year return of -29.5%.

**What strategic acquisitions or corporate actions occurred recently?**

On July 2, 2026, BLS acquired 100% equity of Atyati Technologies Private Limited for ₹145.83 crore, funded by IPO proceeds. Additionally, the company executed a sub-division of equity shares from ₹10 to ₹5 face value subsequent to the quarter end. Purchase-price allocation for the acquisition remains provisional.

**What is the current technical trend for the stock?**

Technical indicators as of November 5, 2026, show a bearish trend across daily, weekly, and monthly timeframes. The Supertrend direction is bearish on all periods, and moving averages (SMA 20 and SMA 50) have negative slopes. Annualized volatility is high at +45.5%.

- [HEG Advanced Materials shares gains 10% on ₹1,606-crore anode expansion plan](https://www.thehindubusinessline.com/companies/heg-advanced-materials-shares-gains-10-on-1606-crore-anode-expansion-plan/article71664683.ece)
- [BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?](https://www.livemint.com/market/bls-international-q2-results-record-revenue-on-digital-services-growth-but-can-strong-earnings-revive-shares-11793718530166.html)
- [BLS International Services Limited has informed the Exchange about Copy of Newspaper Publication of Unaudited Financial Results of the Company for the Second quarter ended on September 30, 2026 |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BLS_04112026145733_Intimation_of_Newspaper_publication_signed.pdf)
- [BLS International Services Limited has informed the Exchange about Link of Recording |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BLS_04112026185942_Intimation_of_audio_recording_of_earnings_call_04112026_signed.pdf)
- [BLS INTERNATIONAL SERVICES LIMITED has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13904_WebXMLFile_20261104_191402269.xml)
- [BLS Polymers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 |SUBJECT: Trading Window](https://nsearchives.nseindia.com/corporate/BLSPOLYMERS_03112026141838_Trading_window_closure_BLS_Polymers_Signed.pdf)
- [BLS International Services Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BLS_03112026143832_Outcome_Board_meeting_03112026_Signed.pdf)
- [BLS International Services Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "BLS International Reports Strong Q2 & H1 FY27 Performance; Revenue Grows to Rs. 973 Crores, the Highest Ever". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/BLS_03112026165936_Press_Release_signed.pdf)
- [BLS International Services Limited has informed the Exchange about Investor Presentation |SUBJECT: Investor Presentation](https://nsearchives.nseindia.com/corporate/BLS_03112026182746_Investor_presentation_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752228_03112026082030_WEB.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹225.12
- Risk regime: Higher Price Risk

### Support levels
- 220.12
- 212.685
- 203.15

### Resistance levels
- 282.7
- 296.25
- 324.125

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.00% |
| return_10 | +7.87% |
| return_1m | +0.28% |
| return_1y | -29.68% |
| return_20 | +4.43% |
| return_3m | -11.57% |
| return_5 | +7.35% |
| return_6m | -21.66% |
| return_since_start | -53.56% |
| return_ytd | -29.17% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -58.81% |
| annualized_volatility | +45.46% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# BLS International Services Limited Q2 FY2026-27: Revenue grows 32% year on year

Revenue from operations rose 32.0% year on year and 9.2% sequentially to ₹972.7 crore in Q2 FY2026-27. Expenses increased faster than revenue quarter on quarter, and profit before tax fell 5.4% to ₹222.8 crore; profit for the period was nearly unchanged at ₹201.7 crore as tax expense declined. Operating cash flow was ₹544.7 crore, while cash and current investments were higher at 30 September 2026 than at 31 March 2026.

## Revenue continues to climb

Revenue from operations increased for a third consecutive quarter, from ₹736.5 crore in Q3 FY2025-26 to ₹814.6 crore in Q4 FY2025-26, ₹890.5 crore in Q1 FY2026-27 and ₹972.7 crore in Q2 FY2026-27. Q2 revenue was 32.0% above the ₹736.6 crore reported in Q2 FY2025-26.

Other income was ₹22.9 crore, bringing total income to ₹995.6 crore, up 9.0% from ₹913.2 crore in Q1 FY2026-27.

## Expenses rise faster than revenue sequentially

Total expenses increased 14.0% quarter on quarter to ₹772.8 crore, a rise of ₹95.2 crore compared with an ₹82.2 crore increase in revenue. Other expenses rose 7.7% to ₹104.1 crore. Q2 expenses included ₹447.7 crore for materials consumed, ₹170.2 crore in employee benefits and ₹40.5 crore in depreciation and amortisation. Finance costs were broadly stable at ₹7.7 crore.

## Pre-tax profit declines; net profit is steady

Profit before tax was ₹222.8 crore, down 5.4% from ₹235.6 crore in Q1 FY2026-27 but up 9.9% from ₹202.8 crore in Q2 FY2025-26. Profit for the period was ₹201.7 crore, essentially unchanged sequentially and 8.6% higher year on year.

Tax expense fell to ₹21.1 crore from ₹34.0 crore in Q1 FY2026-27. It comprised current tax of ₹22.6 crore and a deferred tax credit of ₹1.5 crore. Basic EPS was ₹4.52, compared with ₹4.62 in Q1; diluted EPS was ₹4.51, down from ₹4.60. Of the quarter’s profit, ₹186.3 crore was attributable to owners of the parent and ₹15.4 crore to non-controlling interests. Trailing 12-month EPS was ₹17.41.

## Cash generation and balance sheet

Operating cash flow was ₹544.7 crore in Q2, against investing outflows of ₹261.2 crore, resulting in free cash flow of ₹283.4 crore. Financing outflows were ₹118.3 crore.

At 30 September 2026, cash and cash equivalents stood at ₹659.3 crore, up from ₹494.2 crore at 31 March 2026. Current investments increased to ₹480.7 crore from ₹330.8 crore over the same period. Trade receivables rose to ₹239.4 crore from ₹170.6 crore. Goodwill was ₹1,211.4 crore and property, plant and equipment was ₹411.6 crore at quarter-end.

## Other comprehensive income

Other comprehensive income was ₹28.0 crore, compared with ₹19.4 crore in Q1 FY2026-27. Total comprehensive income rose 4.0% sequentially to ₹229.8 crore, above profit for the period of ₹201.7 crore.

## Key Takeaway

BLS paired strong year-on-year revenue growth with substantial operating cash generation, but sequential expense growth exceeded revenue growth and pre-tax profit declined. Lower tax expense kept reported profit nearly flat quarter on quarter. Cash and current investments were higher at quarter-end, alongside a rise in receivables.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +70.39%
- FII holding: +4.14%
- DII holding: +3.10%
- Mutual fund holding: +0.43%
- Retail holding: +16.53%
- Promoter pledged: +0.00%

### Major reported shareholders

- Diwakar Aggarwal — +5.76%
- Azadpur Finvest Private Limited — +4.92% (Bodies Corporate)
- GRB Finvest Private Limited — +4.86% (Bodies Corporate)
- Hillman Properties Private Limited — +4.86% (Bodies Corporate)
- Hawai Capital Private Limited — +4.86% (Bodies Corporate)
- Intime Finance and Investment Private Limited — +4.86% (Bodies Corporate)
- V.S. Estates Private Limited — +4.86% (Bodies Corporate)
- Wonder Rock Finance and Investment Private Limited — +4.86% (Bodies Corporate)
- Gaurav Aggarwal — +4.83%
- Vinod Aggarwal — +4.80%

## Official filings

- 2026-11-04 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_04112026145733_Intimation_of_Newspaper_publication_signed.pdf)
- 2026-11-04 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_04112026185942_Intimation_of_audio_recording_of_earnings_call_04112026_signed.pdf)
- 2026-11-04 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13904_WebXMLFile_20261104_191402269.xml)
- 2026-11-03 — Generic Announcement: BLS Polymers Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLSPOLYMERS_03112026141838_Trading_window_closure_BLS_Polymers_Signed.pdf)
- 2026-11-03 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_03112026143832_Outcome_Board_meeting_03112026_Signed.pdf)
- 2026-11-03 — Press Release: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_03112026165936_Press_Release_signed.pdf)
- 2026-11-03 — Earnings Presentation: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_03112026182746_Investor_presentation_signed.pdf)
- 2026-11-03 — Financial Results Filing: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752228_03112026082030_WEB.xml)
- 2026-11-03 — Financial Results Filing: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1752230_03112026082258_WEB.xml)
- 2026-10-29 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_29102026165245_Intimation_of_Earning_call_invite_Signed.pdf)
- 2026-10-29 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13904_WebXMLFile_20261029_183508342.xml)
- 2026-10-28 — Board Meeting Notice: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_28102026172142_Intimation_Q2_Signed.pdf)
- 2026-10-28 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_13904_WebXMLFile_20261028_175037406.xml)
- 2026-10-28 — Board Meeting Notice: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_13904_WebXMLFile_20261028_175037406.xml)
- 2026-10-15 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-10-15 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_15102026185812_Clarification_on_increase_in_volume_signed.pdf)
- 2026-10-09 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_09102026182327_CertificateunderReg74signed.pdf)
- 2026-09-30 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_13904_WebXMLFile_20260930_184317066.xml)
- 2026-09-30 — Management Change: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_ROSA_99452_KMP_Doc.zip)
- 2026-09-29 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_29092026201221_Intimationunderregulation30signed.pdf)
- 2026-09-29 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_13904_WebXMLFile_20260929_204020732.xml)
- 2026-09-28 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_28092026235718_Intimationregulation30JLGBUSINESSsigned.pdf)
- 2026-09-25 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_25092026162558_TradingWindowClosuresigned25092026.pdf)
- 2026-09-25 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_13904_WebXMLFile_20260925_164449098.xml)
- 2026-09-24 — Generic Announcement: BLS International Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLS_24092026225829_Votingresultsand_scrutinizerreport24092026.pdf)

## News and market events

- 2026-11-04 — The Hindu: **HEG Advanced Materials shares gains 10% on ₹1,606-crore anode expansion plan** — Shares of HEG Advanced Materials rose nearly 10% following the announcement of a ₹1,606-crore plan to expand its anode manufacturing capacity from 20,000 to 44,000 tonnes by 2029. The company also reported strong Q2 FY27 financials, with consolidated revenue from continuing operations reaching ₹430 crore and profit after tax at ₹209 crore. The first phase of the expansion is on track for commercial operations in June 2027, leveraging existing infrastructure at the Dewas facility. — [Source](https://www.thehindubusinessline.com/companies/heg-advanced-materials-shares-gains-10-on-1606-crore-anode-expansion-plan/article71664683.ece)
- 2026-11-03 — Mint: **BLS International Q2 results: Record revenue on Digital Services growth, but can strong earnings revive shares?** — BLS International reported record Q2 FY27 revenue of ₹973 crore, driven by a 66.4% surge in Digital Services and steady growth in Visa and Consular Services, while EBITDA and profit after tax rose 16.6% and 8.6% respectively. Despite these strong financial results and plans to expand its AI-led technology ecosystem, the company's shares have declined 58% from their January 2025 peak, extending losses in 2026. — [Source](https://www.livemint.com/market/bls-international-q2-results-record-revenue-on-digital-services-growth-but-can-strong-earnings-revive-shares-11793718530166.html)
- 2026-09-26 — CNBC-TV18: **BLS International processes 500 million applications across visa, citizen services** — BLS International Services processed 500 million applications globally since 2005, covering visa, consular, and citizen services. The company operates in over 100 countries with 46+ client governments — [Source](https://www.cnbctv18.com/market/bls-international-processes-500-million-applications-across-visa-citizen-services-19999102.htm)
- 2026-08-24 — CNBC-TV18: **FIIs reverse selling trend, turn net buyers at ₹1,182 crore; DIIs add ₹2,493 crore** — Foreign institutional investors had remained net sellers in the previous two sessions, while domestic institutions extended their buying streak. — [Source](https://www.cnbctv18.com/market/fiis-reverse-selling-trend-turn-net-buyers-at-%25e2%2582%25b91182-crore-diis-add-%25e2%2582%25b92493-crore-19975904.htm)
- 2026-08-12 — Mint: **Stock to buy after Q1 results 2026: Nuvama sees 66% upside in BLS International Services. Should you buy?** — BLS International share price trend has remained volatile amid weak market sentiments. The stock has gained 2.64% in a week and 10.68% in a month. — [Source](https://www.livemint.com/market/stock-market-news/stock-to-buy-after-q1-results-2026-nuvama-sees-66-upside-in-bls-international-services-should-you-buy-11786524640476.html)
- 2026-08-10 — CNBC-TV18: **Top 8 Nifty 500 movers: From Hitachi Energy to Kaynes Tech, here are the biggest gainers and losers at opening** — The Nifty 500 saw active trading at market open today, with power, diagnostics and travel-tech names leading gains while electronics manufacturing and fashion retail slipped.Here's a look at the stocks that stood out as today's biggest movers on the index this morning. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-hitachi-energy-vijaya-diagnostics-kaynes-ola-electric-19965194.htm)
- 2026-08-10 — MONEYCONTROL: **Trade Spotlight: How should you trade Uno Minda, Glenmark Pharma, APL Apollo Tubes, Grasim Industries, TCS, and others on August 10?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Uno Minda,Glenmark Pharmaceuticals,APL Apollo Tubes,BLS International Services,Concord Biotech,Grasim Industries,Vedanta,Tata Consultancy Services — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-uno-minda-glenmark-pharma-apl-apollo-tubes-grasim-industries-tcs-and-others-on-august-10-13999267.html)
- 2026-08-06 — BUSINESSTODAY: **Top stocks in news: Juniper Green, Auro Pharma, Hindalco, Cummins, PB Fintech MV Electro** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Juniper Green Energy, Aurobindo Pharma, Hindalco Industries, Cummins India, PB Fintech MV Electrosystems, Biocon, Bikaji Foods International, Aster DM, Godrej Agrovet, BLS International Services, Aster DM Quality Care, Berger Paints India, Cohance Lifesciences, Navin Fluorine International, GMM Pfaudler, JK Lakshmi Cement, Cohance Lifesciences, Neuland Laboratories, Bayer CropScience, SIS, Indian Metals & Ferro Alloys, Automotive Axles, RMC Switchgears — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-juniper-green-auro-pharma-hindalco-cummins-pb-fintech-mv-electro-547519-2026-08-06)
- 2026-08-06 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: Tata Steel (₹191.25)** — Sensex, Nifty, Share Prices LIVE: Tata Steel is poised for a breakout above ₹193, with the potential to rally to ₹210. Buy at ₹191, accumulate near ₹187, and book profits at ₹210. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-6-august-2026/article71309748.ece)
- 2026-08-06 — Mint: **Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 6 August 2026** — Breakout stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks to buy today — BLS International Services, Usha Martin, 360 One Wam, Netweb Technologies India, and IPCA Laboratories. — [Source](https://www.livemint.com/market/stock-market-news/breakout-stocks-to-buy-or-sell-sumeet-bagadia-recommends-five-shares-to-buy-today-6-august-2026-11785976757322.html)

## Business profile

**Strategic vision:** Tech-enabled partner for government and citizen services.

### Business segments
- **Visa Processing Services:** Manages administrative functions related to visa applications for various governments.
- **Passport Services:** Handles passport application processes.
- **Consular Services:** Provides administrative support for consular functions.
- **E-governance Services:** Delivers digital solutions for government processes.
- **Attestation Services:** Facilitates the verification and attestation of documents.
- **Biometrics and Identity Management Services:** Implements biometric solutions for identity verification and management.
- **E-visa Assistance:** Supports electronic visa application processes.
- **Retail Services:** Offers various front-end services to citizens.

### Competitive strengths
- Global operational presence in over 62 countries serving more than 29 client governments.
- Established relationships with diplomatic missions and government entities worldwide.
- Certifications in CMMI, ISO 9001, ISO 27001, and ISO 14001 demonstrate commitment to quality and security.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/bls
Markdown representation: https://faxioms.com/stocks/bls?render=md