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BLS International Services: Stock falls 18% after MEA imposes 2yr ban on tender participation

BLS International Services Limited has been temporarily barred from new Indian Mission tenders for two years by the MEA, while existing contracts and global operations remain unaffected.

Introduction

Leading global tech-enabled services firm has been temporarily restricted from participating in new Indian Mission tenders for two years, while existing contracts and international operations continue unaffected.

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Share price movement of BLS International Services

On October 13, 2025, BLS International Services Ltd opened at ₹277.05, down 17.80% from its previous close of ₹337.20. The stock reached a high of ₹298.70 (−11.37%) and a low of ₹277.00. By 11:43 AM, it traded at ₹298.40, an 11.51% decrease, with a market cap of ₹12,286.35 crore.

BLS International Restricted from New Indian Mission Tenders

BLS International Services Limited has been temporarily restricted by the Ministry of External Affairs from participating in new Indian Mission tenders for two years. Existing contracts remain valid and operational.

The directive does not affect the company’s current financials or ongoing operations. Indian Missions contributed approximately 12% of consolidated revenue and 8% of EBITDA in Q1FY26.

BLS International has diversified its business globally, including contracts in the US, UAE, Europe, and India. Recent acquisitions of iDATA and Citizenship Invest strengthened revenue mix and resilience against regional developments.

Stock performance of BLS International Services for Period of 1 week, 6 months, and 1 year

BLS International Services Ltd delivered a 1.78% return over the past week, declined 12.1% in the past six months, and dropped 7.04% over the past year.

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Shareholding pattern of BLS International Services

ParticularsJun 2025Mar 2025Dec 2024
Promoter70.40%70.40%70.40%
FII8.50%9.90%10.90%
DII3%2%1.40%
Public18%17%17.30%

About BLS International Services

BLS International Services Limited (NSE: BLS) is a global tech-enabled services partner, providing visa, consular, biometric, and citizen services across 50,000+ centers, serving 46 governments with over 60,000 employees worldwide.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is BLS International Services Ltd share price going down today?

A: BLS International Services Ltd share price is declining after the MEA temporarily restricted it from new Indian Mission tenders for two years.

Q: What does BLS International Services Ltd specialize in?

A: BLS International Services Ltd specializes in visa, consular, biometric, e-governance, and citizen services, operating over 50,000 centers globally.

Q: What is the market capitalization of BLS International Services Ltd?

A: The market capitalization of BLS International Services Ltd is ₹12,286.35 crore as of October 13, 2025.

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