Bluspring Enterprises Ltd
NSE: BLUSPRING · Diversified Commercial Services · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹55 cr vs borrowings ₹80 cr (FY26): borrowings are higher by ₹25 cr.
- Operating profit covered interest 0.6x in the last 12 months.
- Net loss in 4 of the last 6 quarters.
- No dividend in the last 2 financial years.
- Price ₹154.26 on 2026-10-27: -15.2% from the 52-week high, +250.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 802 | 797 | 857 | 863 | 865 | 949 |
| EBITDA | -1 | 10 | 17 | -6 | 20 | 21 |
| OPM % | -0.2% | 1.3% | 2.0% | -0.7% | 2.3% | 2.2% |
| Other income | 0 | 1 | 5 | 2 | 7 | 5 |
| Net profit | -20 | -5 | 5 | -20 | 4 | -2 |
| EPS (₹) | -1.33 | -0.32 | 0.35 | -1.34 | 0.28 | -0.03 |
| Revenue YoY | +7.9% | +19.1% | ||||
| Profit YoY | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 3,484 | 3,382 | 3,534 |
| EBITDA | -86 | 42 | 52 |
| Net profit | -172 | -15 | -12 |
| EPS (₹) | -11.55 | -1.03 | -0.74 |
| Revenue growth | -2.9% | – | |
| Profit growth | – | – | |
| Dividend / share (₹) | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | +91.6% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 695 | 668 |
| Borrowings | 79 | 80 |
| Cash & equivalents | 68 | 55 |
| Total assets | 1,558 | 1,690 |
| Fixed assets | 74 | 80 |
| Investments | 35 | 35 |
| Receivables | 776 | 877 |
| Inventory | 7 | 7 |
| Payables | 66 | 127 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -22 | 52 |
| Cash from investing | -21 | -20 |
| Cash from financing | -68 | -38 |
| Capex | 27 | 28 |
| Free cash flow | -49 | 24 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | -24.7% | -2.3% |
| ROCE % | -17.0% | 1.3% |
| Debtor days | 81 | 95 |
| Inventory days | 12 | 10 |
| Payable days | 105 | 177 |
| Cash conversion cycle (days) | -12 | -72 |
| Working capital days | 30 | 27 |
Shareholding
| Holder (% of shares) | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Change since Sep 2025 |
|---|---|---|---|---|---|---|
| Promoters | 58.24% | – | 58.17% | 58.05% | 58.41% | +0.17 pts |
| FIIs | 5.82% | – | 5.71% | 5.70% | 5.28% | -0.54 pts |
| DIIs | 8.95% | – | 8.71% | 8.65% | 8.62% | -0.33 pts |
| of which Mutual funds | 8.08% | – | 8.07% | 8.05% | 8.07% | -0.01 pts |
| Public (non-institutions) | 26.99% | – | 27.41% | 27.61% | 27.69% | +0.70 pts |
| No. of shareholders | 1,07,788 | – | 87,200 | 81,683 | 78,334 | -27.3% |
| Promoter group | % |
|---|---|
| Fairbridge Capital Mauritius Limited | 34.02% |
| Ajit Isaac | 13.23% |
| Isaac Enterprises LLP | 10.66% |
| Hwic Asia Fund Class A Shares | 0.50% |
| Public holders above 1% | % |
|---|---|
| Tata Mutual Fund - Various Schemes | 7.18% |
| Ashish Dhawan | 6.42% |
| Ellipsis Partners LLC | 4.06% |
| Zaki Abbas Nasser | 1.75% |
78,334 shareholders. Pledged: – of promoter shares.
From the company's quarterly shareholding-pattern filings on the exchange (NSE/BSE), latest as of Sep 2026. "pts" = percentage points; the number of shareholders is as filed by the company. No filing on our file for Dec 2025 (shown as –).
Peers in Diversified Commercial Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IGIL | ₹16,964 cr | 25.5x | 9.7x | 44.5% | 51.7% | 61.5% | – | 1.90% |
| WEWORK | ₹8,677 cr | 99.5x | 29.1x | 28.3% | 111.2% | 64.6% | – | – |
| IBULLSLTD | ₹7,224 cr | 17.2x | 2.3x | 29.9% | – | – | +1,864.0% | – |
| NESCO | ₹6,941 cr | 16.7x | 2.3x | 14.8% | 18.3% | 50.8% | +19.5% | 0.66% |
| NIRLON | ₹5,680 cr | 15.9x | 12.1x | 86.5% | 29.8% | 77.5% | +5.3% | 4.12% |
| RENTOMOJO | ₹5,587 cr | – | – | – | – | – | – | – |
| LEAPIND | ₹5,452 cr | – | 3.6x | – | – | – | – | – |
| SMARTWORKS | ₹5,358 cr | 192.2x | 10.1x | 5.2% | 56.6% | 64.2% | – | – |
| QUESS | ₹4,830 cr | 19.1x | 4.1x | 22.4% | 27.2% | 2.0% | -3.7% | – |
| BLUSPRING | ₹2,305 cr | – | 3.5x | -1.8% | 3.0% | 1.5% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Facility Management and Food Services | ₹2,031 cr | 60.0% | ₹87 cr | 4.3% |
| Security Services | ₹658 cr | 19.5% | ₹19 cr | 2.9% |
| Telecom and Industrials | ₹615 cr | 18.2% | ₹57 cr | 9.2% |
| Foundit | ₹78 cr | 2.3% | ₹-43 cr | -54.9% |
Latest filings
- Spurt in Volume
Significant increase in volume has been observed in Bluspring Enterprises Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so…
- Updates
Bluspring Enterprises Limited has informed the Exchange regarding 'Proposed Scheme of Amalgamation of Bluspring New Horizon Two Private Limited ("Transferor Company") with LSG Sky Chefs India Private Limited…
- Analysts/Institutional Investor Meet/Con. Call Updates
Bluspring Enterprises Limited has informed the Exchange about intimation of Schedule of Analyst / Institutional Investor Meeting.
- General Updates
Bluspring Enterprises Limited has informed the Exchange regarding Authorisation to Key Managerial Personnel for the purpose of determining the materiality of an event or information and for making disclosures to Stock…
- Resignation of Director/KMP/SMP
Bluspring Enterprises Limited has informed the Exchange about Resignation of Director/KMP/SMP
- Change in Company Secretary/Compliance Officer
Bluspring Enterprises Limited has informed the Exchange regarding the Appointment of Mr. Raman Sapra as the Company Secretary, Compliance Officer (Key Managerial Personnel) and Nodal Officer of the Company.
- Resignation
Bluspring Enterprises Limited has informed the Exchange regarding the Resignation of Mr. Arjun Sunil Makhecha from the position of Company Secretary, Compliance Officer(Key Managerial Personnel) and Nodal Officer of the…
- Credit Rating
Bluspring Enterprises Limited has informed the Exchange about Credit Rating
- Shareholders meeting
Bluspring Enterprises Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 31, 2026. Further, the company has informed the Exchange regarding voting results.
- Shareholders meeting
Bluspring Enterprises Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 31, 2026
- Updates
Bluspring Enterprises Limited has informed the Exchange regarding 'Amalgamation of wholly owned subsidiaries of the Company'.
- General Updates
Bluspring Enterprises Limited has informed the Exchange about letter sent to the physical shareholders
- Shareholders meeting
Bluspring Enterprises Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 31, 2026
- General Updates
Bluspring Enterprises Limited has informed the Exchange about completion of acquisition of LSG Sky Chefs (India) Private Limited by Bluspring New Horizon Two Private Limited, a wholly owned subsidiary of the Company.
- General Updates
Bluspring Enterprises Limited has informed the Exchange about allotment of equity shares under the Bluspring Enterprises Limited Special Purpose Stock Ownership Plan 2025.
Filed by the company on NSE in the last 3 months (routine notices left out). The text under each title is a short extract of the company's own filing; the link opens the full original file on the NSE website. Fetched 27 Oct 2026.
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Diversified Commercial Services |
| Sub-industry | Diversified Commercial Services |
| Symbol | BLUSPRING |
| BSE code | 544414 |
| ISIN | INE0U4101014 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.