BLS E-Services Ltd. reported a strong financial performance for FY26, crossing the ₹1,000 crore annual revenue milestone for the first time, driven by growth across its assisted digital services, business correspondent network and citizen service operations.
The company’s total income rose 109.7 per cent year-on-year to ₹1,142.8 crore in FY26 from ₹545 crore in FY25. Revenue from operations increased 115.2 per cent to ₹1,117.8 crore, while Profit After Tax (PAT) grew 17.8 per cent to ₹69.3 crore.
EBITDA for the financial year stood at ₹99.9 crore, compared with ₹86.1 crore in the previous year, registering a growth of 16 per cent.
For the March quarter, total income increased 34.1 per cent year-on-year to ₹328.9 crore, while PAT stood at ₹18.2 crore.
The company reported Gross Transaction Value (GTV) of more than ₹1.11 lakh crore during FY26, up 27.3 per cent from the previous year. Loan leads generated for financial institutions crossed ₹36,800 crore during the year, compared with ₹11,700 crore in FY25.
Commenting on the performance, Shikhar Aggarwal said the company’s growth was supported by expanding assisted digital and citizen service offerings, increasing partnerships and strong business momentum across markets.
He added that the company, backed by a cash balance of over ₹400 crore, was well-positioned to pursue organic as well as inorganic growth opportunities.
During the year, the company partnered with Tyger Capital, Tyger Home Finance and Niwas Housing Finance to source MSME and affordable housing loan products. It was also onboarded by Bharat Connect and State Bank of India as an Agent Institution for nationwide bill payment services.
On the government services front, the company expanded the eMitra project across Rajasthan, strengthening its Government-to-Citizen (G2C) services network.
The company said its asset-light operating model and network of over 1.55 lakh touchpoints, including more than 45,800 Channel Service Partners (CSPs), continued to support growth across urban and rural markets.
The Board of Directors has recommended a final dividend of ₹0.50 per equity share for FY26, taking the total annual dividend payout to ₹1 per share, subject to shareholders’ approval.