Bluspring records another robust quarter delivering strong YoY growth: Revenues up 20%, EBITDA up 48% and PAT up 47%
Bengaluru : Bluspring Enterprises Limited [NSE: BLUSPRING, BSE: 544414], India’s leading integrated infrastructure services enterprise, today announced its financial results for the first quarter of FY 2026-27, ended June 30, 2026.
- Revenue: ₹930 Cr | +20% YoY | +10% QoQ
- EBITDA: ₹35 Cr | +48% YoY | Flat QoQ[1]
- EBITDA margin rises by 72 bps YoY to 3.8%
- PAT: ₹16 Cr | +47% YoY | 14% QoQ
- Diluted EPS: ₹1.1 per share | +45% YoY | 13% QoQ
- 97,000+ Headcount | 12% YoY | 3% QoQ
| Particulars (in ₹ Cr) | Quarter Ended | ||||
| Q1 FY26 | Q4 FY26 | Q1 FY27 | QoQ | YoY | |
| Revenue | 777 | 846 | 930 | 10% | 20% |
| Reported EBITDA | 24 | 35 | 35 | Flat | 48% |
| Reported EBITDA% | 3.1% | 4.2% | 3.8% | -40bps | 72bps |
| Profit before Tax | 10 | 18 | 20 | 10% | 109% |
| PAT | 11 | 14 | 16 | 14% | 47% |
| PAT Margin | 1.4% | 1.7% | 1.7% | 6bps | 33bps |
| Diluted EPS – Rs | 0.7 | 0.9 | 1.1 | 13% | 45% |
Note: The financial highlights and performance exclude our investments in foundit business which had revenues at ₹19 Cr with an EBITDA of ₹(14) Cr for Q1 FY27.
Commenting on the performance, Executive Director & CEO, Kamal Pal Hoda said,
“The previous financial year as a listed company was a year of reset and renewal with considerable bandwidth being spent on building a strong foundation. We have now reached an inflection point to deliver market-leading growth. The integration of STEAG India and our planned acquisition of LSG Sky Chefs India are strengthening our scale, capabilities, and opening new growth avenues. Despite a seasonally softer quarter, we delivered a 20% year-on-year growth in revenues, 48% year-on-year growth in EBITDA and 47% year-on-year growth in PAT, reflecting the resilience of our core businesses and the disciplined execution of our strategy. With a strong leadership team, favorable industry tailwinds, and integrated offerings, we remain focused on synergy realization from our recently acquired businesses, deleveraging, and creating sustainable long-term value for all our stakeholders.”
Q1 FY27 Segmental Highlights
- Facility and Food Services
- Revenue at ₹520 Cr with growth of 9% YoY
- EBITDA at ₹24 Cr and EBITDA margin stood at 4.6%
- 40 new contracts added during the quarter with ACV of ₹89 Cr
- Smart Infra, Energy and Engineering[2]
- Revenue at ₹223 Cr with growth of 47% YoY
- EBITDA at ₹21 Cr and EBITDA margin stood at 9.3%
- 6 new contracts added during the quarter with ACV of ₹591 Cr
- Security Services
- Revenue at all time high of ₹187 Cr with growth of 25% YoY
- EBITDA at ₹5 Cr and EBITDA margin stood at 2.8%
- Man-guarding headcount up by 15% YoY | Total 24,900+ guards
- Added 37 new clients with ACV of ₹43 Cr
- Investments – foundit
- Revenue at ₹19 Cr with EBITDA of ₹(14) Cr
- Accelerating our AI adoption across 8 charters (Internal and customer facing), that would aid keeping costs in control and increase productivity
Bluspring Enterprises Limited (NSE: BLUSPRING, BSE: 544414) is India’s only nationally scaled, people-powered, compliance-first, and tech-enabled integrated infrastructure services enterprise. It delivers services across Facilities, Food and Hospitality, Security (Powered by Terrier Security Services), Engineering (Powered by Hofincons), Smart Infrastructure (Powered by Vedang Cellular Services) and Energy (Powered by STEAG Energy Services India). With a workforce of over 97,000 operating across 28 states, Bluspring supports more than 1,000 customers across healthcare, education, BFSI, commercial, IT, manufacturing and industrial, government, and PSU sectors.
[1] Lower due to seasonality in food and telecom business as educational institutions are shut and telecom companies usually begin new rollouts from second quarter
[2] Note: The segment has been renamed as “Smart infra, Energy and Engineering” with effect from 1 April 2026. The segment was previously presented as “Telecom and Industrials” up to 31 March 2026
