NSEPress Release3d ago · 6 Nov 2026, 07:06 pm
Press Release
Bluspring Enterprises Limited · BLUSPRING
✦ AI Summary▲ PositiveResults
Bluspring Enterprises Limited has announced its Q2 FY27 financial results, with revenue growing 49% YoY to ₹1,250 Cr, EBITDA increasing 130% YoY to ₹67 Cr, and PAT rising 95% YoY to ₹32 Cr.
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Earnings Impact9/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
Bluspring Enterprises Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Bluspring Shifts Gear in Q2 FY27: EBITDA Up 130% and PAT Up 95% YoY, Outpacing 49% Revenue Growth".
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Date: November 06, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot C/1, Block-G, Bandra
Dalal Street, Fort, Kurla Complex (BKC), Bandra (East),
Mumbai – 400 001 Mumbai – 400 051, Maharashtra, India
Scrip Code: 544414 NSE Symbol: BLUSPRING
Dear Sir/Madam,
Sub: Press Release
Please find enclosed herewith a copy of the Press Release titled “Bluspring Shifts Gear
in Q2 FY27: EBITDA Up 130% and PAT Up 95% YoY, Outpacing 49% Revenue Growth”
dated November 06, 2026.
The above information is also being made available on the Company’s website,
www.bluspring.com, under the Investors section.
This is for your kind information and records.
Thanking you,
Yours sincerely,
For Bluspring Enterprises Limited
Raman Sapra
Company Secretary & Compliance Officer
Membership No. F9233
Encl: As above
Bluspring Enterprises Limited
3/3/2, Bellandur Gate, Sarjapur Road, Bengaluru, Karnataka, India - 560103
Tel: 080-6105 6001 I Toll free: 1800 570 1111 I Email: corporatesecretarial@bluspring.com
CIN: L81100KA2024PLC184648
www.bluspring.com
Q2 FY2027 Earnings Press Release
Bluspring Shifts Gear in Q2 FY27: EBITDA Up 130% and PAT Up 95% YoY,
Outpacing 49% Revenue Growth
Bengaluru, November 6, 2026: Bluspring Enterprises Limited [NSE: BLUSPRING, BSE: 544414], India’s
leading integrated infrastructure services enterprise, today announced its financial results for the second
quarter of FY 2026-27, ended September 30, 2026.
Q2 FY27 Highlights (excl. foundit)
• Revenue: ₹1,250 Cr | +49% YoY | +34% QoQ
• EBITDA: ₹67 Cr | +130% YoY | +90% QoQ
• EBITDA margin rises by 188 bps YoY to 5.4%
• PAT: ₹32 Cr | +95% YoY | +96% QoQ
• Diluted EPS: ₹2.1 per share | +88% YoY | +92% QoQ
• 1,02,000+ Headcount | +14% YoY | +6% QoQ
Quarter Ended Half Year Ended
Particulars (in ₹ Cr) H1 H1
Q2 FY26 Q1 FY27 Q2 FY27 QoQ YoY YoY
FY26 FY27
Revenue 837 930 1,250 34% 49% 1,614 2,180 35%
Reported EBITDA 29 35 67 90% 130% 53 102 93%
Reported EBITDA% 3.5% 3.8% 5.4% 156 bps 188 bps 3.3% 4.7% 141 bps
Profit before Tax 15 20 39 92% 159% 25 59 139%
PAT 16 16 32 96% 95% 27 48 76%
PAT Margin 1.9% 1.7% 2.5% 80 bps 60 bps 1.70% 2.2% 51 bps
Diluted EPS 1.1 1.1 2.1 92% 88% 1.8 3.1 64%
Note: The financial highlights and performance exclude our investments in foundit business which had
revenues at ₹22 Cr with an EBITDA excl ESOP cost of ₹(12) Cr for Q2 FY27.
Commenting on the performance, Executive Director & CEO, Kamal Pal Hoda said,
“Our growth trajectory is now translating into stronger earnings. In Q2 FY27, revenue grew 49% year on year and
profit after tax grew 95% to ₹32 crore. EBITDA margin expanded by 188 basis points year on year from 3.5% to 5.4%.
This performance reflects our deeper presence in Energy through our acquisition of STEAG India and our expertise in
Engineering services, which is supported by India’s growing power demand and its focus on a robust domestic
industrial base. The addition of LSG Sky Chefs India extends our Food & Hospitality business into high-margin aviation
catering. Our priority now is to integrate our recent acquisitions fully into the Bluspring enterprise, which will help us
unlock the benefit of our expanded scale, increase cross selling and deliver better returns to our shareholders.”
www.bluspring.com
Q2 FY2027 Earnings Press Release
Q2 FY27 Segmental Highlights
• Facility and Food Services
• Revenue at ₹601 Cr with growth of 17% YoY
• EBITDA at ₹29 Cr and EBITDA margin stood at 4.7%
• 21 new contracts added during the quarter with ACV of ₹78 Cr
• Completed acquisition of LSG Sky Chefs giving us entry into high margin aviation catering
• Security Services
• Man-guarding headcount up by 11% YoY | Total 25,700+ guards
• Revenue at all time high of ₹201 Cr with growth of 20% YoY
• EBITDA at ₹6 Cr and EBITDA margin stood at 3.2%
• Added 20 new clients with ACV of ₹30 Cr
• Smart Infra, Energy and Engineering1
• Revenue at ₹449 Cr with exponential growth of 189% YoY
• EBITDA at ₹49 Cr and EBITDA margin stood at 10.9%
• 16 new contracts added during the quarter with ACV of ₹641 Cr
• Investments - foundit
• Sales during the quarter rises to ₹30 Cr up from ₹25 Cr during previous quarter
• Revenue at ₹22 Cr with growth of 5% YoY
• EBITDA of ₹(12) Cr, losses reduce from ₹(14) Cr reported in last quarter
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
www.bluspring.com
Q2 FY2027 Earnings Press Release
H1 FY27 Segmental Highlights
• Facility and Food Services
• Revenue at ₹1,121 Cr with growth of 13% YoY
• EBITDA at ₹52 Cr and EBITDA margin stood at 4.7%
• 61 new contracts added during the period with ACV of ₹167 Cr
• Security Services
• Revenue at all time high of ₹387 Cr with growth of 22% YoY
• EBITDA at ₹12 Cr and EBITDA margin stood at 3.1%
• Added 57 new clients with ACV of ₹73 Cr
• Smart Infra, Energy and Engineering2
• Revenue at ₹672 Cr with exponential growth of 119% YoY
• EBITDA at ₹70 Cr and EBITDA margin stood at 10.4%
• Added 20 new contracts during the period with ACV of ₹679 Cr
• Investments - foundit
• Revenue at ₹41 Cr with EBITDA of ₹(26) Cr
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
www.bluspring.com
Q2 FY2027 Earnings Press Release
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 100,000 operating across 28 states, Bluspring
supports more than 1,000 customers across healthcare, education, BFSI, commercial, IT, manufacturing and
industrial, government, and PSU sectors.
For more information, please contact:
Investor / Analyst Contact: Media Contact:
Prapul Sridhar Shilpa Kona
Chief Financial Officer
Head – Marketing & Communications
investor@bluspring.com
shilpa.kona@bluspring.com
Nibodh Shetty
Head – Investor Relations
nibodh.shetty@bluspring.com
Disclaimer: This document contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current
expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. These statements can be
recognized by the use of words such as ''expects", "plans", 'will", "estimates", "projects", or other words of similar meaning. Such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties and actual results may differ materially from those in such forward-looking statements as a result of
various factors and assumptions, which the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to
these statements include, but are not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, our ability to manage
our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward-looking statement that
maybe made from time to time by or on behalf of the Company including to reflect actual results, changes in assumptions or changes in factors affecting these statements
www.bluspring.com