July 31, 2018 TnH Global 0

BLS International carves its way to Forbes Asia’s 200 ‘Best under a Billion’ 2018 list

India-based BLS International, a specialist provider of Visa, Passport, Attestation and Citizen Services to the Governments across the world, with USD 261 million market cap and USD 122 million in sales has made it to the Forbes Asia’s 2018 list of ‘Best under a Billion’ top 200 publicly listed companies in the Asia-Pacific region.

From a universe of 24,000 companies in Asia-Pacific, only four Indian companies were selected on sales/revenue and earnings growth in the past 12 months and over three years, and for the strongest five-year return on equity.

Speaking on the occasion, Shikhar Agarwal, Joint Managing Director, BLS International said,” It’s a matter of great pride that BLS International has been named on such a prestigious list and is amongst the top 200 listed companies in the Asia-Pac region. Such a listing is a testament to the sheer hard work put in by the company and its employees, not just in India but across the globe.”

The ‘Best Under A Billion’ list honours 200 small- to medium-sized public companies in the Asia Pacific region with annual revenue between USD 5 million and USD 1 billion, and a track record of strong top- and bottom-line growth and have publicly traded for at least a year.

The selection of 200 is unranked but comparatively produced the highest sales and earnings per share growth for both the most recent fiscal one- and three-year periods, and the strongest one- and five-year average return on equity. The final list of 200 is truly a select field—the top 1% in their sector.