The Board of Directors of blue pebble Limited, at its meeting held on Friday, May 15, 2026, approved the audited standalone and consolidated financial results for the half year and full year ended March 31, 2026, in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. L K Ajmera & Associates, Chartered Accountants (FRN: 137051W), issued an unmodified opinion on both the standalone and consolidated financial results. The Board meeting commenced at 4:00 p.m. and concluded at 6:00 p.m.

Standalone Financial Performance

Blue Pebble Limited's standalone financial results for FY26 reflect a significant decline compared to the previous year. Revenue from operations stood at ₹2,163.71 lakhs for the year ended March 31, 2026, against ₹4,566.25 lakhs in the year ended March 31, 2025. Total income, including other income of ₹60.25 lakhs, was ₹2,223.96 lakhs for FY26 versus ₹4,654.64 lakhs in FY25. The company reported a standalone net profit of ₹48.85 lakhs for FY26, compared to ₹506.39 lakhs in FY25.

The following table presents the key standalone financial metrics:

Consolidated Financial Performance

The consolidated financial results for FY26, which include the wholly-owned subsidiary Blue Pebble Digital Private Limited (incorporated on January 16, 2025, with no business transactions for the year ended March 31, 2026), closely track the standalone figures. Consolidated revenue from operations was ₹2,163.71 lakhs for FY26, while consolidated net profit stood at ₹48.70 lakhs, against ₹506.39 lakhs in FY25. Consolidated total income for FY26 was ₹2,223.96 lakhs compared to ₹4,654.64 lakhs in FY25.

Segment-Wise Performance

The company operates across three business segments: Digital Promotions and Advertising Activities, Environmental Branding, Design and Build, and Railway Civil Construction and Tender Work. The segment revenue and results for the year ended March 31, 2026 are presented below (standalone and consolidated figures are identical):

Unallocable income of ₹60.25 lakhs (FY25: ₹88.39 lakhs) was added to arrive at the profit before tax of ₹65.28 lakhs (standalone) and ₹65.13 lakhs (consolidated) for FY26.

Balance Sheet and Cash Flow Highlights

The standalone total assets as at March 31, 2026 stood at ₹3,236.08 lakhs, compared to ₹3,568.68 lakhs as at March 31, 2025. Shareholders' funds (standalone) were ₹2,782.05 lakhs (FY25: ₹2,753.58 lakhs), comprising share capital of ₹408.00 lakhs and reserves and surplus of ₹2,374.05 lakhs. Cash and cash balances (standalone) declined to ₹693.77 lakhs from ₹1,244.52 lakhs in the prior year. Net cash used in standalone operating activities was ₹(405.12) lakhs for FY26 versus ₹(153.25) lakhs in FY25. Net cash used in standalone investing activities was ₹(125.22) lakhs, while net cash used in financing activities was ₹(20.40) lakhs, which included a dividend payment of ₹20.40 lakhs.

Board-Level Appointments

At the same Board meeting, the following appointments were approved for FY 2026-2027:

The financial results have been made available on the company's website at www.bluepebble.in and on the National Stock Exchange of India Limited's website at www.nseindia.com . The results were signed by Nalin Gagrani, Managing Director & CEO (DIN: 06981749), and Manoj Tiwari, Whole Time Director & CFO (DIN: 00340671), on behalf of the Board of Directors.

Blue Pebble , a rapidly growing company, has announced impressive financial results for the fiscal year 2025 (FY25), showcasing significant revenue growth amidst market volatility. The company's performance highlights its expanding operations and strategic initiatives, although investor reaction remains cautious.

Strong Revenue Growth

Blue Pebble reported a remarkable 107% year-on-year increase in revenue for FY25, with total revenue reaching ₹45.66 crore. This substantial growth underscores the company's successful expansion strategies and market penetration efforts over the past year.

Key Growth Drivers

The company attributed its robust revenue performance to two primary factors:

1. New Design & Build Division: This newly established division has made a significant contribution to the overall revenue growth, indicating successful diversification of the company's service offerings.

2. Digital Immersive Division: Another key contributor to the revenue surge, this division highlights Blue Pebble's focus on cutting-edge digital solutions and experiences.

Shareholder Returns

In a move to reward its shareholders, Blue Pebble has proposed a final dividend of ₹0.50 per share for FY25. This dividend declaration signals the company's commitment to sharing its financial success with investors and maintaining a balanced approach to capital allocation.

Market Response

Despite the positive financial results, Blue Pebble's stock faced downward pressure in the market. The stock was locked in a 5% lower circuit on the National Stock Exchange (NSE), indicating a disconnect between the company's reported performance and investor sentiment.

Looking Ahead

While Blue Pebble's financial results paint a picture of strong growth and expansion, the market's reaction suggests that investors may be factoring in other considerations or broader market trends. As the company continues to grow its new divisions and explore opportunities in the design, build, and digital immersive spaces, stakeholders will be keen to see how these initiatives translate into sustained financial performance and market value in the coming quarters.