Bluspring Enterprises Limited, India's leading infrastructure management services company, has announced robust financial results for the second quarter of fiscal year 2026, ended September 30, 2025. The company demonstrated significant growth across key financial metrics, showcasing its resilience and strategic execution in a competitive market.

Financial Highlights

• Revenue reached ₹837.00 crore, marking a 14% year-over-year increase and an 8% quarter-on-quarter growth.
• EBITDA stood at ₹29.00 crore, with the EBITDA margin improving by 41 basis points quarter-on-quarter to 3.5%.
• Profit After Tax (PAT) grew by 19% year-over-year to ₹16.00 crore, with a 38% increase quarter-on-quarter.
• The company's headcount expanded to over 90,000, reflecting a 5% year-over-year increase.

Segment-wise Performance

Facility and Food Services

• Revenue: ₹514.00 crore, up 14% year-over-year
• EBITDA: ₹21.00 crore, with a margin of 4%
• Added 14 new contracts with an annual contract value of ₹37.00 crore

Telecom and Industrial Services

• Revenue: ₹155.00 crore, up 11% year-over-year
• EBITDA: ₹13.00 crore, with an improved margin of 8.3%
• Strong growth in Industrials, securing 6 new contracts worth ₹40.00 crore in annual contract value

Security Services

• Revenue: ₹168.00 crore, up 19% year-over-year
• EBITDA: ₹5.00 crore, with a margin of 3%
• Man-guarding headcount increased by 16% year-over-year to over 23,000 guards
• Added 17 new clients with an annual contract value of ₹19.00 crore

foundit (Investment)

• Revenue: ₹21.00 crore
• EBITDA: ₹(12.00) crore
• Implemented cost optimization measures, reducing the quarterly cost base from ₹44.00 crore to ₹33.00 crore

Management Commentary

Kamal Pal Hoda, Executive Director & CEO of Bluspring Enterprises, commented on the results: "We delivered a robust quarter of 14% year-on-year growth in revenues alongside a 19% increase in Adj. PAT with margins improving by 43 bps sequentially this quarter. Our leadership investments and improved operational efficiencies are now reflected in margin expansion and client additions. With 37 new clients onboarded at better margins and reduced client mobilization time, we expect these trends to continue driving robust growth and profitability."

Strategic Developments

The company's Board of Directors has approved the purchase of an additional 2% equity stake in Vedang Cellular Services Private Limited, a subsidiary, for ₹4.16 crore. This acquisition will increase Bluspring's shareholding in Vedang from 96.98% to 98.98%, further consolidating its position in the Telecom Network Services sector.

Outlook

Bluspring Enterprises' strong performance across its diverse business segments, coupled with strategic investments and operational improvements, positions the company well for continued growth. The management's focus on margin expansion, client acquisition, and operational efficiency is expected to drive sustainable long-term value for shareholders.

As Bluspring continues to expand its presence in key sectors such as facility management, telecom, industrial services, and security, it remains committed to delivering operational excellence through smart, sustainable, and secure experiences across its nationwide workforce of over 90,000 professionals.

Bluspring Enterprises Limited, India's leading infrastructure management services company, has announced robust financial results for the second quarter of FY 2025-26, demonstrating significant growth across key metrics.

Financial Highlights

For Q2 FY26, Bluspring reported:

• Revenue of ₹837.00 crore, up 14% year-over-year (YoY) and 8% quarter-over-quarter (QoQ)
• EBITDA of ₹29.00 crore, a 1% YoY increase and a substantial 22% QoQ rise
• EBITDA margin improvement of 41 basis points QoQ to 3.5%
• Profit After Tax (PAT) of ₹16.00 crore, showing a strong 19% YoY and 38% QoQ growth
• Headcount increase to over 90,000, up 5% YoY and 3% QoQ

Segment Performance

Bluspring's diverse business segments all contributed to the company's growth:

Facility and Food Services

• Revenue: ₹514.00 crore (14% YoY growth)
• EBITDA: ₹21.00 crore with a 4% margin
• 14 new contracts added with an annual contract value (ACV) of ₹37.00 crore

Telecom and Industrial Services

• Revenue: ₹155.00 crore (11% YoY growth)
• EBITDA: ₹13.00 crore with an 8.3% margin
• Added 6 new contracts with an ACV of ₹40.00 crore

Security Services

• Revenue: ₹168.00 crore (19% YoY growth)
• EBITDA: ₹5.00 crore with a 3% margin
• Man-guarding headcount up by 16% YoY to over 23,000 guards
• 17 new clients added with an ACV of ₹19.00 crore

foundit (Investment)

• Revenue: ₹21.00 crore
• EBITDA: ₹(12.00) crore
• Implemented cost optimization measures, reducing the quarterly cost base from ₹44.00 crore to ₹33.00 crore

Strategic Developments

Bluspring has also announced the acquisition of an additional 2% stake in its subsidiary, Vedang Cellular Services Private Limited, for ₹4.16 crore. This move will increase Bluspring's shareholding in Vedang from 96.98% to 98.98%, further strengthening its position in the telecom network services sector.

Management Commentary

Kamal Pal Hoda, Executive Director & CEO of Bluspring Enterprises, commented on the results: "We delivered a robust quarter of 14% year-on-year growth in revenues alongside a 19% increase in Adj. PAT with margins improving by 43 bps sequentially this quarter. Our leadership investments and improved operational efficiencies are now reflected in margin expansion and client additions. With 37 new clients onboarded at better margins and reduced client mobilization time, we expect these trends to continue driving robust growth and profitability."

The company's strong performance and strategic moves indicate a positive outlook for Bluspring Enterprises, as it continues to expand its presence across various infrastructure management services sectors in India.