BLS International Targets 20–25% Growth For 4–5 Years: ₹6,500 Crore Revenue Ambition | Business News
ET Now · 04 Nov 2026 · 6 min
Management interview of BLS International Services Ltd (BLS), with 10 key numbers discussed.
- Shikhar Aggarwal, Joint MD, BLS International
BLS International reiterated its goal to achieve 20% to 25% growth over the next 4 to 5 years, targeting Rs 6,000-6,500 cr in revenue. For H1FY27, EBITDA grew 20% to Rs 500 cr. Net revenue per application in the visa business rose around 10% sequentially to Rs 3,500, though visa application volumes were slightly impacted by geopolitical tensions. The company has invested Rs 100-150 cr in its Aadhaar project, with full rollout expected by Q4FY27, and remains open to buybacks, dividends, or acquisitions using its cash reserves.