BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, We enclose herewith the relevant credit rating rationale letter dated November 03, 2021 received by the Company from CRISIL. The Rating Rationale of CRISIL dated 03.11.2021 for revision in credit rating is enclosed. Q2FY22 Quarterly Result Announced for BLS International Services Ltd.
Financial Highlights: For the six months comparative from April to September FY22 viz FY21: Operational Revenue stood at Rs. 369.0 crores in H1 FY22, up by 102% from Rs. 183.4 crores in H1 FY20 Earnings before Interest, Tax, Depreciation and Amortization (EBIDTA) of Rs. 46.4 crores in H1 FY22 compared to Rs. 23.2 crores in H1 FY21 for the corresponding period Profit Before Tax (PBT) is of Rs. 49.3 crore in H1 FY22 compared to Rs. 18.3 crore in H1 FY21 Profit After Tax (PAT) of Rs. 44.1 crore in H1 FY22 compared to Rs. 13.1 crore in H1 FY21 EPS for H1 FY22 stood at Rs. 4.66, as compared to Rs. 1.28 for H1 FY21 For the quarter comparative from July to September FY22 viz FY21: Operational Revenue stood at Rs. 190.5 crores in Q2 FY22, up by 45.2% from Rs. 131.2 crores in Q2 FY21 EBITDA stood at Rs. 27.5 crores in Q2 FY22, up from Rs. 13.1 crores in Q2 FY21 PBT is Rs. 28.5 crores (excluding exceptional items) compared to Rs. 14.4 crores in Q2 FY21 Profit After Tax (PAT) for the quarter ended September 30, 2021 is Rs. 27.5 crores compared to Rs. 13.9 crores in the same period of last financial year Total debt as on September 30, 2021 stood at Nil, with cash and bank balance of Rs. 310.3 crores Shikhar Aggarwal, Joint Managing Director of BLS International commented, “We are pleased to report that in Q2 2021-22, we continued to deliver strong performance, with revenues of Rs. 190.5 crores, a year-on-year growth of 45%. Our operations have stabilized, as reflected with improved margins. We have surpassed the profits generated in FY21 in the first two quarters of FY22 itself, this serves as a testimony of our capabilities. Some of our major wins this quarter are for Italy visa processing services in Russia and passport renewal services for the Republic of Philippines, Department of Foreign Affairs. We take pride that our tech-enabled services and seamless operations enables faster, convenient and simplified processing of applications (visa, consular and citizen services) for governments globally”. Result PDF BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In compliance with Regulations 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s), amendment(s) and re-enactment(s) thereof), we are hereby enclosing copies of Newspaper advertisement of un-audited Financial Results of the Company for the second quarter and half year ended September 30, 2021, published on Sunday, October 31, 2021 in following newspapers: 1. Financial Express (All edition) - English Language 2. Jansatta (Delhi edition) - Hindi Language BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-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, 2021. BLS International Services Ltd - 540073 - Outcome Of The Meeting Of Nomination And Remuneration Committee Held On October 29, 2021
In accordance with the provisions of the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations'), we hereby inform you that a meeting of the Nomination and Remuneration Committee of BLS International Services Limited (the 'Company') was held today i.e. October 29, 2021, has granted 1,17,000 Stock Options convertible into equal number of equity shares of the Company of face value of Re.1/- each, to the eligible employees of the Company and its subsidiary Company under the 'BLS International Employee Stock Option Scheme - 2020' ('Scheme'). BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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 Press Release dated October 29, 2021 with respect to un-audited financial performance of the BLS International Services Limited for the second quarter and half year ended September 30, 2021. BLS International Services Ltd - 540073 - Announcement under Regulation 30 (LODR)-Change in Directorate
In compliance with Regulations 30 and 33 of the SEBI (LODR) Regulations, 2015 (including any statutory modification(s), amendment(s) and re-enactment(s) thereof), this is to inform you that the Board of Directors of the Company at their meeting held today i.e. Friday, October 29, 2021, has, inter alia, considered and approved Appointment of Mr. Diwakar Aggarwal (DIN: 00144645) as an 'Additional Director (Non-Executive- Non-Independent Director)' on the Board of Directors of the Company with effect from October 29, 2021. Mr. Diwakar Aggarwal is also designated as Chairman (in the category of Non-Executive) of the Board of Directors of the Company. Following the appointment, the strength of the Board of Directors of the Company has increased to 8 (Eight) Directors, out of which 4 (Four) Directors are Independent Directors. BLS International Services Ltd - 540073 - Outcome Of Board Of Directors Meeting Held On Friday, October 29, 2021
In compliance with Regulations 30 and 33 of the SEBI (LODR) Regulations, 2015 (including any statutory modification(s), amendment(s) and re-enactment(s) thereof), this is to inform you that the Board of Directors of the Company at their meeting held today i.e. Friday, October 29, 2021, has, inter alia, considered and approved Standalone and Consolidated Un-audited Financial Results for the Second Quarter and Half Year ended September 30, 2021, as recommended by Audit Committee of the Company. A copy of said standalone and consolidated unaudited financial results and Limited Review Report of Auditors for the quarter ended September 30, 2021 are enclosed herewith. BLS International Services Ltd - 540073 - Board Meeting Outcome for Outcome Of Board Of Directors Meeting Held On Friday, October 29, 2021
In compliance with Regulations 30 and 33 of the SEBI (LODR) Regulations, 2015, this is to inform you that the Board of Directors of the Company at their meeting held today i.e. Friday, October 29, 2021, has, inter alia, considered and approved the following items of agenda: 1. Standalone and Consolidated Un-audited Financial Results for the Second Quarter and Half Year ended September 30, 2021, as recommended by Audit Committee of the Company. A copy of said standalone and consolidated unaudited financial results and Limited Review Report of Auditors for the quarter ended September 30, 2021 are enclosed herewith as Annexure- A. 2. Appointment of Mr. Diwakar Aggarwal (DIN: 00144645) as an 'Additional Director (Non-Executive- Non-Independent Director)' on the Board of Directors of the Company with effect from October 29, 2021 Mr. Diwakar Aggarwal is also designated as Chairman (in the category of Non-Executive) of the Board of Directors of the Company enclosed herewith as Annexure-B. BLS International Services Ltd - 540073 - Intimation Of Earnings Call On November 01, 2021
In compliance with the provisions of Regulation 30 of SEBI (LODR) Regulations 2015, we take the opportunity to inform your good office that BLS International Services Limited ('The Company') is conducting Earnings call on Monday, November 01, 2021 at 02:00 PM (IST) to discuss the financial results of the Company for the Second quarter ended September 30, 2021 for the financial year 2021-22. The details of the Earnings call are mentioned in the Call Invite enclosed herewith.