Latest news about Bluspring Enterprises
Bluspring Enterprises Raises Profit Margins to 3%, Targets 6% by 2030 with Aviation Expansion Plans
Bluspring Enterprises
78.79
-3.81(-4.61%)
Company Performance:
View Company Insights1D-4.61%
1M+22.02%
6M+13.27%
1Y-6.81%
5Y-6.81%
More news about Bluspring Enterprises
16Apr 26
Bluspring Enterprises Targets Rs 4,000 Crore Revenue by FY27
Bluspring Enterprises has announced its revenue target of Rs 4,000 crore by FY27, demonstrating the company's ambitious growth plans. This financial target represents significant expansion expectations and reflects management's confidence in the business strategy. The announcement provides stakeholders with clear performance expectations for the company's future growth trajectory.
14Apr 26
Bluspring Enterprises Allots 2,79,703 Equity Shares Under Special Purpose Stock Ownership Plan 2025
Bluspring Enterprises Limited allotted 2,79,703 equity shares of Rs. 10 each under its Special Purpose Stock Ownership Plan 2025 on April 14, 2026. The allotment to eligible RSU holders increased the company's paid-up share capital from Rs. 1,49,13,24,580 to Rs. 1,49,41,21,610. The newly issued shares rank pari-passu with existing equity shares and comply with SEBI regulations for employee benefit schemes.
14Apr 26
Bluspring Enterprises Announces ₹129 Crore Acquisition of LSG Sky Chefs India
Bluspring Enterprises has announced the acquisition of 100% stake in LSG Sky Chefs India's Bengaluru operations for ₹129 crore enterprise value through its subsidiary. The target company generates over ₹110 crore revenue with mid-to-high-teens EBITDA margins, operating a 9,272 sq. mt. kitchen facility with 15,000 meals daily capacity serving airlines like IndiGo, Lufthansa, and Qatar Airways.
08Apr 26
Bluspring Enterprises Limited Submits Q4FY26 Compliance Certificate to Stock Exchanges
Bluspring Enterprises Limited filed its Q4FY26 compliance certificate with BSE and NSE on April 7, 2026, pursuant to SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by RTA Integrated Registry Management Services Private Limited, confirms no dematerialisation or rematerialisation requests were received during January 1 to March 31, 2026. Company Secretary Arjun Sunil Makhecha submitted the mandatory quarterly compliance documentation to both exchanges.
04Apr 26
Bluspring Enterprises Limited Incorporates Wholly-Owned Subsidiary in Abu Dhabi, UAE
Bluspring Enterprises Limited has incorporated Bluspring Middle East Contracting - L.L.C - S.P.C as a wholly-owned subsidiary in Abu Dhabi, UAE on April 3, 2026. The subsidiary has an authorized capital of AED 300,000 divided into 3,000 shares of AED 100 each, and will focus on Industrial, Telecom and Infrastructure, maintenance and services business opportunities in the UAE. The company has complied with SEBI Regulation 30 requirements, with no promoter interest in the transaction.
24Mar 26
Bluspring Enterprises Publishes Newspaper Notice for ESOP 2026 Postal Ballot
Bluspring Enterprises Limited has published newspaper advertisements in Financial Express and Hosa Digantha on March 24, 2026, notifying shareholders about the postal ballot for Employee Stock Option Scheme 2026. The company filed the advertisement copies with BSE and NSE as per regulatory requirements, with the scheme covering 54,34,300 options and e-voting scheduled from March 25 to April 23, 2026.
24Mar 26
Ashish Dhawan Increases Stake in Bluspring Enterprises to 6.10% Through Open Market Purchase
Ashish Dhawan acquired 1,700,000 shares of Bluspring Enterprises Limited through open market purchase on March 23, 2026, increasing his shareholding from 4.96% to 6.10%. The acquisition, disclosed under SEBI regulations, represents 1.14% of the company's total share capital. Dhawan is not part of the promoter group, and the company's equity capital remains at 149,132,458 shares of ₹10 par value each.
20Mar 26
Bluspring Enterprises Acquires STEAG Energy Services to Enhance Power Infrastructure
Bluspring Enterprises Limited announced the acquisition of STEAG Energy Services India Private Limited for ₹180 crores, marking a strategic expansion into power infrastructure services. The target company manages 7 GW power assets with annual revenues exceeding ₹600 crores and nearly 2,000 professionals, enhancing Bluspring's end-to-end infrastructure management platform with advanced digital solutions and global market presence.
06Mar 26
India Ratings Assigns IND A/Stable Rating to Bluspring Enterprises' Bank Facilities Worth INR 4,700 Million
India Ratings has assigned IND A/Stable rating to Bluspring Enterprises' INR 4,700 million bank facilities and IND A1 to INR 1,000 million proposed commercial paper. The ratings reflect the company's diversified business profile across four segments and strong promoter support, though constrained by low EBITDA margins of 2.1% and elongated working capital cycle. Revenue grew 10% to INR 25,172 million in 9MFY26, but net leverage increased to 2.9x from 1.02x in FY25.
09Feb 26
Bluspring Enterprises Q3FY26 Earnings Call: Revenue Growth Amid Labour Code Transition
Bluspring Enterprises held its Q3FY26 earnings conference call detailing strong operational performance with 10% revenue growth and improved margins. The company addressed Labour Code implementation impact with ₹29.8 crores provision while outlining recovery strategy through client negotiations. Management provided comprehensive updates on segment performance and foundit turnaround strategy with break-even expected within three quarters.
09Feb 26
Bluspring Enterprises Limited Incorporates Two Wholly-Owned Subsidiaries for Business Expansion
Bluspring Enterprises Limited incorporated two wholly-owned subsidiaries on February 9, 2026 - Bluspring New Horizon One Private Limited for industrial asset management and Bluspring New Horizon Two Private Limited for facility management services. Both entities have Rs. 20 lakh authorized and subscribed capital with 100% cash subscription by the parent company.
24Jan 26
Bluspring Enterprises Limited Schedules Q3FY26 Earnings Conference Call for February 04, 2026
Bluspring Enterprises Limited has scheduled an analyst and investors meeting for February 04, 2026 at 11:00 AM IST to discuss Q3FY26 financial results, announced under Regulation 30 compliance. The conference call will feature senior management including ED and CEO Kamal Pal Hoda, CFO Prapul Sridhar, and Head of Investor Relations Nibodh Shetty. The company has provided comprehensive access arrangements with domestic and international dial-in numbers, accommodating participants across multiple time zones including USA, UK, Singapore, and Hong Kong.
07Jan 26
Bluspring Enterprises Targets Over 20% Annual Growth Post-Demerger, Unveils New Brand Identity
Bluspring Enterprises unveiled a refreshed brand identity six months after its Quess Corp demerger, targeting over 20% annual revenue growth. The company reported ₹1,614.00 crore revenue in H1 FY26 (14% YoY growth) and expects FY26 revenue to exceed ₹3,400.00 crore. Operating at 4% EBITDA margins, Bluspring plans to expand to 6% by 2030 through diversification and higher-margin investments. With 90,000+ employees serving 1,000+ clients across multiple sectors, the company aims to become debt-free within 2-3 years from current borrowings of ₹136.00 crore.
10Nov 25
Bluspring Enterprises Reports 14% Revenue Growth to ₹837 Crores in Q2FY26, EBITDA Margin Improves to 3.5%
Bluspring Enterprises Limited reported robust Q2 FY26 results with revenue of ₹837.00 crores, up 14% year-on-year. EBITDA increased to ₹29.00 crores, and PAT rose to ₹16.00 crores. The company saw growth across all segments, with Facility and Food Services leading at ₹514.00 crores revenue. Bluspring secured 36 new contracts worth ₹110.00 crores in H1 FY26 and expanded into new sectors. Despite cash flow challenges, the company aims to reduce net debt and improve EBITDA margins to 4% by year-end. The foundit platform showed improvement with 4% quarter-on-quarter revenue growth.
07Nov 25
Bluspring Enterprises Reports Strong Q2 FY26 Results with 14% Revenue Growth
Bluspring Enterprises Limited announced robust Q2 FY2026 results, with revenue reaching ₹837.00 crore, up 14% year-over-year. EBITDA stood at ₹29.00 crore, and PAT grew by 19% to ₹16.00 crore. The company saw growth across all segments: Facility and Food Services revenue up 14%, Telecom and Industrial Services up 11%, and Security Services up 19%. The company's headcount expanded to over 90,000. The Board approved the purchase of an additional 2% stake in subsidiary Vedang Cellular Services Private Limited for ₹4.16 crore.
06Nov 25
Bluspring Enterprises Reports Strong Q2 FY26 Growth with 14% Revenue Increase and 19% PAT Rise
Bluspring Enterprises announced robust Q2 FY26 results, with revenue up 14% YoY to ₹837.00 crore. EBITDA increased 1% YoY to ₹29.00 crore, while PAT grew 19% YoY to ₹16.00 crore. The company saw growth across all segments: Facility and Food Services (14% YoY), Telecom and Industrial Services (11% YoY), and Security Services (19% YoY). Bluspring also acquired an additional 2% stake in its subsidiary, Vedang Cellular Services, for ₹4.16 crore, increasing its shareholding to 98.98%.
06Nov 25
Bluspring Enterprises Expands Stake in Vedang Cellular Services to 98.98%
Bluspring Enterprises Limited has acquired an additional 2% stake in Vedang Cellular Services Private Limited for ₹4.16 crore, increasing its ownership from 96.98% to 98.98%. The transaction, approved by Bluspring's Board of Directors, is expected to be completed within a month. Vedang Cellular Services, a key player in Telecom Network Operations & Maintenance, has shown significant revenue growth over the past years, with ₹326.10 crores projected for FY 2025.
06Nov 25
Bluspring Enterprises Posts Strong Q2 Results with 14% Revenue Growth
Bluspring Enterprises, an Indian infrastructure management services company, reported robust Q2 FY24 results. Revenue increased by 14% year-over-year to ₹837.00 crore, while EBITDA grew 22% quarter-on-quarter to ₹29.00 crore. Profit After Tax rose 19% year-over-year to ₹16.00 crore. The company saw growth across all segments: Facility and Food Services (14% YoY revenue growth), Telecom and Industrial Services (11% YoY revenue growth), and Security Services (19% YoY revenue growth). The company added 37 new clients and expanded its workforce to over 90,000 employees.
07Aug 25
Bluspring Enterprises Reports 13% Revenue Growth in Inaugural Earnings Call Post-Demerger
Bluspring Enterprises, recently demerged from Quess Corp, reported a 13% year-on-year revenue growth to INR 777.00 crores in its first earnings call as an independent entity. Despite growth, the company faced margin pressures with EBITDA declining 11% to INR 24.00 crores. Facilities and Food Services segment grew 13% to INR 476.00 crores, Telecom and Industrial Services increased 20% to INR 152.00 crores, and Security Services grew 8% to INR 149.00 crores. The company aims to improve EBITDA margin from 3.10% to 4.00% by year-end, with long-term goals of 6% EBITDA margins and 20% return on equity. CEO Kamal Pal Hoda expressed commitment to creating long-term value and explained that margin decline was due to seasonal softness and strategic investments.
31Jul 25
Bluspring Enterprises Reports 13% Revenue Growth to ₹777 Cr in Q1, EBITDA Declines
Bluspring Enterprises announced Q1 financial results with consolidated revenue up 13% YoY to ₹777.00 crores. EBITDA decreased 11% to ₹24.00 crores with a 3.1% margin. Adjusted PAT fell 5% to ₹13.00 crores. Facility & Food Services and Telecom & Industrials segments showed strong revenue growth, while Security Services grew moderately. The company added new contracts across segments and increased its total headcount by 4% YoY to 87,378. Bluspring aims for long-term objectives of 3x GDP organic growth, 6% EBITDA margin, and 20% ROE.
31Jul 25
Bluspring Enterprises Reports Q1 Net Loss Despite Revenue Growth
Bluspring Enterprises Limited reported a consolidated net loss of 48.00 million rupees in Q1, compared to a 6.00 million rupees profit in the same period last year. However, the company's revenue increased by 10.69% to 7.97 billion rupees from 7.20 billion rupees year-over-year. The contrasting financial results indicate strong demand for services but suggest increased costs or operational challenges affecting profitability.
Industry Peers
International Gemological Institute
WeWork India Management
Nesco
SIS
Indiabulls
Nirlon
Smartworks Coworking Spaces
CMS Info Systems
Hemisphere Properties
Indiqube Spaces
360.10
(-0.63%)
613.60
(-0.62%)
1,156.60
(-1.67%)
419.40
(+1.67%)
24.33
(+4.96%)
611.90
(+0.97%)
450.90
(+1.93%)
304.65
(-0.42%)
139.27
(-0.76%)
160.04
(+1.60%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
