BLS E-Services Limited (BLSe), a technology-enabled digital service provider, announced its consolidated audited financial results for the quarter and full year period ended 31st March 2026.
Speaking about the performance and recent updates, Mr. Shikhar Aggarwal, Chairman, BLS E-Services Ltd. said: “BLS E-Services reported a remarkable performance during Q4 & FY26, as Total Income grew by 34.1% YoY in Q4FY26 and 109.7% YoY in FY26, backed by a strong growth across its core businesses and increasing scale of its assisted digital & citizen service offerings.
We are proud to have crossed the Rs 1,000 Crore annual revenue milestone, along with achieving EBITDA of approximately Rs 100 Crores, driven by a robust business performance, inorganic initiatives, strong gross transaction value of Rs 1.11 lakh+ Crores, during the year. This performance reflects the continued strength and scalability of our business model, as well as our ability to capture growth opportunities across markets.
Backed by a healthy cash balance of over Rs 400 Crores, the Company is well-equipped to advance its next phase of growth through a balanced approach to organic and inorganic expansion. Coupled with strong operating momentum and the continued scaling of the BLSe network through increased partnerships, we are confident in our ability to sustain growth and deliver long-term stakeholder value.”
FY26
- The company’s Total income increased to Rs. 1,142.8 Crores in FY26 as compared to Rs. 545.0 Crores in FY25, up by 109.7% YoY.
- EBITDA of the company increased to Rs. 99.9 Crores from Rs. 86.1 Crores in FY25, registering a growth of 16.0% YoY.
- PAT rose to Rs. 69.3 Crores as compared to Rs. 58.8 Crores in FY25, a growth of 17.8% YoY.
- As of 31 March 2026, company’s net cash stood at Rs 404 Crores (net of acquisition, dividend, etc related payouts) compared to Rs 399 Crores as of 31 March 2025.
- In line with the company’s strong financial performance and commitment to enhancing shareholder value, the Board of Directors has recommended a final dividend of Rs 0.5 per equity share for the financial year, subject to shareholders’ approval. Total annual Dividend payout stood at Rs 1.00 per equity share translating into payout of 10% of Face value
Q4FY26
- Total Income for the quarter stood at Rs. 328.9 Crores, marking a remarkable growth of 34.1% YoY, supported by steady business performance across all the business verticals
- EBITDA stood at Rs. 26.0 Crores and PAT stood at Rs. 18.2 Crores in Q4FY26
Other Key Highlights:
- During the quarter, the company collaborated with Tyger Capital, Tyger Home Finance, and Niwas Housing Finance to source loan products targeting MSMEs and affordable housing.
- BLSe has been onboarded as an Agent Institution (AI) by Bharat Connect and SBI to provide bill payment services nationwide.
- On the G2C (Government-to-Citizen) side, the company successfully scaled the eMitra project across the entire state of Rajasthan.
- For the year, the Business Correspondent business achieved a Gross Transaction Value (GTV) exceeding Rs. 1,11,000+ Crores, up from Rs. 87,000+ Crores in the previous year. This includes loan leads worth more than Rs. 36,800+ Crores for financial institutions in FY26, as compared to Rs. 11,700+ Crores in FY25.
- The Company’s asset-light and scalable operating model remained a key enabler of growth, supported by a wide and growing network of 1,55,000+ touchpoints including 45,800+ Channel Service Partners (CSPs) in FY26.
- For the quarter, the Business Correspondent business witnessed a Gross Transaction Value of Rs. 31,000+ Crores as compared to Rs. 27,000+ Crores during Q4FY25.
- GTV includes loan leads worth Rs. 12,000+ Crores for financial institutions during the quarter as compared to Rs. 8,300+ Crores during Q4FY25.