BLS International Services : Financial Results Updates
November 09, 2022 at 12:51 am EST
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November 07, 2022
National Stock Exchange of
BSE Ltd.,
Metropolitan Stock Exchange of
India Ltd.,
India Ltd.,
Exchange Plaza, C-1 Block G,
Phiroze Jeejeebhoy
Vibgyor Towers, 4th Floor, Plot
Bandra Kurla Complex Bandra
Towers,
No. C62, G - Block, Opp. Trident
[E], Mumbai - 400051
Dalal Street, Fort,
Hotel, Bandra Kurla, Complex,
Mumbai - 400 001
Bandra (E), Mumbai - 400098
NSE Scrip Symbol: BLS
BSE Scrip Code: 540073
MSE Scrip Symbol: BLS
Subject:
Dear Sir / Madam,
Subject: Investor Presentation
Pursuant to Regulation 30 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed a Investor Presentation with respect to Un-audited financial performance of the BLS International Services Limited for the second quarter and half year ended September 30, 2022.
You are requested to take the same on your records.
For BLS International Services Limited
DHARAK ARVIND MEHTA
Digitally signed by DHARAK ARVIND MEHTA Date: 2022.11.07 21:04:00 +05'30'
………………………
Dharak A. Mehta
Company Secretary and Compliance Officer
ICSI Membership No.: ACS40502
Encl: as above
Investor Presentation Q2 & H1 FY23
Q2 FY23 Highlights
Key Focus Areas - Digital Services
Strong Focus on Digital Services
BLS is consolidating its e-Governance and Citizen services lines of business into one segment - Digital Services
Post ZMPL acquisition, BC line of business is growing fast enough to require dedicated strategic focus
Based on robust growth potential, Company will invest in developing infrastructure and manpower for e-Governance & Business Correspondence
Organic growth to be complemented with inorganic opportunities
Recent Acquisition & Contracts
BLS acquired ZERO Mass Private Limited (ZMPL), to become largest business correspondent (BC) of SBI
BLS signed agreement with Department of Administrative Reforms, with the Karnataka Government, to be the e- Governance Operations Partner for 2 divisions - Mysore and Kalburgi
Company signed contract with the Royal Thai embassy to provide visa services in Kenya
BLS signed agreement with Directorate of Registration and Stamp Revenue, government of West Bengal
Company won contract with Royal Thai Consulate General, Mumbai, for visa services
BLS won contract to process German visas in North America and Mexico
3
Financial Highlights
Highlights
Revenue (Rs Cr)
356.8
Quarterly
87.4%
190.5
Q2 FY22
Q2 FY23
EBITDA (Rs Cr) & EBITDA Margin (%)
14.5%
15.9%
106.0%
56.8
27.6
Q2 FY22
Q2 FY23
PAT (Rs Cr) & PAT Margin (%)
14.4%
14.3%
51.0
85.7%
27.5
Q2 FY22
Q2 FY23
Highlights
629.7
369
70.65%
Half Year
H1 FY22
H1 FY23
12.6%
14.0%
88
90%
46
H1 FY22
H1 FY23
12.9%
13.0%
82
48
71%
H1 FY22
H1 FY23
4
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Bls International Services Ltd. published this content on 09 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2022 05:50:07 UTC.
BLS International Services Limited is an India-based company, which offers tech-enabled, visa, consular and citizen services. It provides visa processing and tech-enabled citizen services to states and provincial governments of Asia, Africa, Europe, South America, North America, and Middle East. Its segments include Rendering of Visa and other allied services, and Digital Services. Its tech-enabled citizen services include citizen and front-end services, consular services, verification and attestation, and biometric and identity management services. Its visa processing services include outsourced visa processing, verification of documents, attestation of documents, passport services, e-visa services, and other allied services. Its convenience services include photocopying, courier services, Internet facility, translation services, mobile biometrics, and prime time visa appointment. Its Digital Services segment includes e-governance, business correspondent and allied services.