Bls International Services Ltd. · NSE:BLS
Bls International Services — Q1 FY21 Earnings Presentation
19 slides from Bls International Services's earnings presentation, Jul 30, 2020
Slide 1: Exchange filing cover letter for Q1 FY21 investor presentation
July 30th, 2020 National Stock Exchange of India BSE Ltd. Metropolitan Stock Exchange of Ltd., PhirozeJeejeebhoy Towers, India Ltd., Vibgyor Towers, Exchange Plaza, C-1 Block G, Dalal Street, 4th Floor, Plot No. C62, BandraKurla Complex Bandra [E], Mumbai - 400001 G - Block, Opp. Trident Hotel, Mumb
Slide 2: Investor Presentation Q1 FY21
Investor Presentation Q1 FY21
Slide 3: Q1 FY21 Highlights
RIS Ql FY21 INTERNATIONAL H ig h lig hts a
Slide 4: Q1 & FY21 – Consolidated statement of profit and loss
Q1 & FY21 – Consolidated statement of profit and loss (Rs. Cr) Q1 FY21 Q1 FY20 Revenue was impacted by the Covid-19 pandemic as Revenue 52.1 227.0 governments across countries enforced travel restrictions Gross Profit 17.4 62.4 and lockdowns (Gross Margin) 33.4% 27.5% - Operations for Visa and Consu
Slide 5: Outlook and strategy
Outlook and strategy ▪ With the phase wise lifting of the lockdown, the company has started reopening its offices with limited staff strength, following the required social distancing norms and various advisories by the Government and Steady reopening of Health authorities business operations ▪ Will
Slide 6: Company Overview
R iS Company INTERNATIONAL Overview
Slide 7: Provider of visa processing, value added & tech enabled citizen services
Provider of visa processing, value added & tech enabled citizen services 1 of 3 Rs 239 cr 60+ Players in global visa, Net cash excluding debt Countries of operations passport and citizen services (FY20) 15 17% 35+ Years of global High return ratios (FY20 Government as a client experience RoCE) acros
Slide 8: Tech enabled services segment
Focus on tech enabled citizen services by leveraging the domain expertise National Identification Tech enabled citizen services for governments and diplomatic Tech enabled services segment cards missions worldwide E-Passport Verification & Leveraging strong technology platform and trained staff and
Slide 9: Tech enabled services opportunity
Well placed to tap the inland and global tech enabled services opportunity Most services offered by governments to consumers are still only semi-automated with a low penetration of cutting- edge technologies, thus leading to slow and inefficient delivery Tech enabled services segment Global Outsourc
Slide 10: Delivering front-end services to citizens in India and across the globe
Delivering front-end services to citizens in India and across the globe Our Expertise - Global National identification card programme (Afghanistan) ➢ BLS was awarded the first international Citizen Services contract from the Embassy of Afghanistan in 2017 Tech enabled services segment ➢ Opened Citiz
Slide 11: Leading visa processor with value-added services
Leading visa processor with value-added services Visa Processing Amongst top three players in the visa outsourcing service industry with over 14 years of experience in providing following service Visa processing and value added ➢ Outsourced visa processing ➢ Verification of documents ➢ Attestation o
Slide 12: Successful execution of large global visa processing contracts
Successful execution of large global visa processing contracts • The contract with the government of Spain covers 47 countries of presence and 122 centers managed on behalf of the Spain mission Spain • The share of Spain in the overall Schengen visa pool increased Visa processing and value added • T
Slide 13: Historical Financials
R iS Historical 0 0 INTERNATIONAL Financials
Slide 14: Historical consolidated financial performance
Historical consolidated financial performance Rs in Cr Revenue EBIDTA & EBIDTA Margin 200 25% 20% 150 20% 13% 13% 15% 11% 100 789 804 786 159 10% 635 50 108 82 83 5% 0 0% FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 PAT & PAT Margin 120 12% 13% 14% 100 12% 80 8% 10% 7% 8% 60 97 105 6% 40 4% 20 50 52 2% 0
Slide 15: Asset light, high FCF business model with net cash positive
Asset light, high FCF business model with net cash positive ROCE (%) Cash and bank (Rs cr) 32% 22% 22% 17% 25% 18% 17% 239 13% 173 70 119 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 ROCE ROCE excl. cash Cash flows from operations (Rs cr) 133 116 90 50 FY17 FY18 FY19 FY20 14
Slide 16: Consolidated Statement of Profit & Loss
Consolidated Statement of Profit & Loss (Rs. Cr) FY18 FY19 FY20 Revenue 789 804 786 Gross Profit 295 266 236 (Gross Margin) 37% 33% 30% Operating expenses 136 157 153 EBITDA 159 108 83 (EBITDA Margin) 20% 13% 11% Finance Cost 12 10 2 Depreciation 40 19 12 Other Income 4.1 43 13 One-time income /(exp
Slide 17: Consolidated Balance Sheet as on 31st March 2020
Consolidated Balance Sheet as on 31st March 2020 Rs in Cr Mar'20 Mar'19 Rs in Cr Mar'20 Mar'19 Share Capital 10.3 10.3 Fixed Assets incl. CWIP 23.0 24.9 Total borrowings (short + secured + current maturities) is zero as on 31st March ‘20 Shareholders' Funds 428.5 372.0 Intangible Assets 10.2 20.8 co
Slide 18: Consolidated Cash Flow as on 31st March 2020
Consolidated Cash Flow as on 31st March 2020 (Rs. Cr) FY19 FY20 132 Operating profit before WC change 85 C/F from operating activities 24 133 Change in Working Capital 46 116 (23) Direct taxes (15) 17 Purchase of property, plant and equipment and intangibles 0 (9) Proceeds from sale / purchase of in
Slide 19: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by BLS International Services Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
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