Press Release
BLUSPRING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bluspring Enterprises reported robust FY26 results with revenue of Rs 3,304 Cr (up 11% YoY) and adjusted PAT of Rs 67 Cr (up 27% YoY). Q4 FY26 showed particularly strong performance with EBITDA margin expanding to 4.2% (up 105 bps YoY), exceeding management's guidance of 4%. The company added 80 new contracts in FY26 with aggregate contract value (ACV) of Rs 313 Cr in Facility and Food Services. Management confirmed two pending acquisitions: STEAG Energy Services (likely to close within May 2026) expected to add ~20% to topline and expand EBITDA margins by 90-100 bps, and LSG Sky Chefs (on track for 30-60 day closure). The foundit staffing business reported revenue of Rs 78 Cr with EBITDA loss of Rs 43 Cr but management indicated working towards Q4 EBITDA break-even.
The margin expansion exceeding guidance signals operational efficiency improvements and could be positive for the stock. The disclosed acquisition pipeline with quantified benefits (20% revenue addition, 90-100 bps margin expansion) provides visibility on near-term growth. However, the foundit business continues to be a drag on profitability.