Bluspring Enterprises Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.2x)
Concerns
- Currently loss-making (EPS ₹-1)
- Negative return on equity (ROE -0.5%)
- Premium to sector peers (P/E 144x vs industry 38.9x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,761 | ₹3.9L Cr | 29.5 | 4.23 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹4,690 | ₹1.8L Cr | 37.4 | 26.06 | -27.1 | 5.24 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹90 | ₹92K Cr | 164 | -34.5 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹— | ₹74K Cr | 47.5 | — | 15.3 | 13.6 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹418 | ₹31K Cr | 25.2 | 2.46 | 9.81 | 12.6 | 0.07 |
| REDINGTON Redington Limited | ₹— | ₹28K Cr | 15.6 | 1.84 | 16.9 | 18.4 | 0.27 |
| DELHIVERY Delhivery Limited | ₹385 | ₹28K Cr | 232 | 2.98 | -0.21 | 1.01 | 0.17 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BLUSPRING · as of Sep 2026
| Category | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Promoters | 58.24% | 58.24% | 58.24% | 58.16% | 58.05% | 58.41% |
| FII | 8.83% | 5.83% | 5.49% | 5.71% | 5.69% | 5.28% |
| DII | 8.41% | 8.95% | 8.81% | 8.71% | 8.64% | 8.62% |
| Public | 24.50% | 26.98% | 27.47% | 27.40% | 27.60% | 27.69% |
Corporate Events
To consider and approve the financial results for the quarter and financial year ended March 31, 2026.
Latest News
All newsBluspring wins ₹1,437 crore order from Vedanta
*Bluspring wins ₹1,437 crore order from Vedanta* — Bluspring shares surged **6.8%** on the NSE following the announcement of a major order win. The contract, valued at **₹1,437 crore**, is from Vedanta Limited and pertains to engineering and construction services. Such a large order boosts near-term revenue visibility and strengthens order book confidence. 📊 *STOCKS:* BLUESTAR | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #OrderWin
STEAG India's order book hits ₹5,100 Cr with new deals
*STEAG India, a subsidiary of Bluspring, reports an order book of **₹5,100 Cr** following new project wins.* The updated pipeline reflects growing traction in the energy infrastructure segment. New deals enhance revenue visibility for the coming fiscal year. 📊 *STOCKS:* BLUPRINGS | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #orderbook
Bluspring Enterprises bags new order contracts
*Bluspring Enterprises bags new order contracts.* The company has secured fresh orders, as disclosed in its NSE filing. These contracts are expected to boost revenue and operational activity. While the order value isn't disclosed, it signals positive business momentum. 📊 *STOCKS:* BLUPRINGS | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Orders
Bluspring acquires STEAG Energy Services India
*Bluspring acquires STEAG Energy Services India* — Bluspring Enterprises has completed the acquisition of STEAG Energy Services (India), marking a strategic expansion in the power sector. The deal strengthens Bluspring’s presence in energy operations and maintenance. Financial terms were not disclosed. 📊 *STOCKS:* BLUSPRING | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Acquisition
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | ₹864.8 Cr 0.3% | ₹862.53 Cr 0.6% | ₹857.48 Cr 7.6% | ₹797.23 Cr 0.5% | ₹801.51 Cr 1.3% | ₹790.92 Cr 2.7% | ₹770.43 Cr |
| Op. Profit | ₹25.13 Cr 4.8% | ₹23.98 Cr 38.2% | ₹17.35 Cr 48.7% | ₹11.67 Cr 145.7% | ₹4.75 Cr 77.1% | ₹20.74 Cr 8.1% | ₹22.57 Cr |
| OPM | 2.9% 4.7% | 2.8% 37.6% | 2.0% 38.4% | 1.5% 147.5% | 0.6% 77.5% | 2.6% 10.6% | 2.9% |
| Net Profit | ₹3.82 Cr 116.4% | ₹-23.24 Cr 760.2% | ₹3.52 Cr 149.2% | ₹-7.15 Cr 69.2% | ₹-23.24 Cr 85.3% | ₹-158.13 Cr 8983.7% | ₹1.78 Cr |
| EPS (₹) | 0.28 120.9% | -1.34 482.9% | 0.35 209.4% | -0.32 | — | — | — |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 |
|---|---|---|
| Revenue | ₹3.4K Cr 2.9% | ₹3.5K Cr |
| Expenses | ₹3.3K Cr 2.9% | ₹3.4K Cr |
| Op. Profit | ₹78 Cr 6.0% | ₹83 Cr |
| OPM | 2.0% 0.0% | 2.0% |
| Other Income | ₹-22 Cr 86.5% | ₹-163 Cr |
| Interest | ₹34 Cr 10.5% | ₹38 Cr |
| Depreciation | ₹47 Cr 6.0% | ₹50 Cr |
| PBT | ₹-24 Cr 85.9% | ₹-170 Cr |
| Tax % | -6.0% 200.0% | 6.0% |
| Net Profit | ₹-23 Cr 87.2% | ₹-179 Cr |
| EPS (₹) | -1.03 | — |
| Div Payout | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Dec 2024 | Mar 2024 |
|---|---|---|---|---|---|
Liabilities | |||||
| Equity Capital | ₹149 Cr 0.0% | ₹149 Cr 0.0% | ₹149 Cr 0.0% | ₹149 Cr | ₹0 Cr |
| Reserves | ₹519 Cr 3.7% | ₹539 Cr 1.3% | ₹546 Cr 4.0% | ₹569 Cr 0.0% | ₹569 Cr |
| Borrowings | ₹136 Cr 44.0% | ₹243 Cr 73.6% | ₹140 Cr 12.5% | ₹160 Cr 0.0% | ₹160 Cr |
| Other Liabilities | ₹886 Cr 12.0% | ₹791 Cr 13.8% | ₹695 Cr 6.3% | ₹654 Cr 18.6% | ₹803 Cr |
| Total Liabilities | ₹1.7K Cr 1.9% | ₹1.7K Cr 12.5% | ₹1.5K Cr 0.1% | ₹1.5K Cr 0.0% | ₹1.5K Cr |
Assets | |||||
| Fixed Assets | ₹521 Cr 5.3% | ₹495 Cr 1.4% | ₹502 Cr 1.4% | ₹495 Cr 0.0% | ₹495 Cr |
| CWIP | ₹0 Cr | ₹0 Cr 100.0% | ₹7 Cr 0.0% | ₹7 Cr 0.0% | ₹7 Cr |
| Investments | ₹35 Cr 0.0% | ₹35 Cr 0.0% | ₹35 Cr 0.0% | ₹35 Cr 0.0% | ₹35 Cr |
| Other Assets | ₹1.1K Cr 4.8% | ₹1.2K Cr 20.9% | ₹986 Cr 0.9% | ₹995 Cr 0.0% | ₹995 Cr |
| Total Assets | ₹1.7K Cr 1.9% | ₹1.7K Cr 12.5% | ₹1.5K Cr 0.1% | ₹1.5K Cr 0.0% | ₹1.5K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Dec 2024 | Mar 2024 |
|---|---|---|---|---|
| Operating CF | ₹5 Cr 122.7% | ₹-22 Cr 73.8% | ₹-84 Cr 0.0% | ₹-84 Cr |
| Investing CF | ₹-2 Cr 101.4% | ₹146 Cr 958.8% | ₹-17 Cr 0.0% | ₹-17 Cr |
| Financing CF | ₹-4 Cr 94.1% | ₹-68 Cr 126.7% | ₹-30 Cr 0.0% | ₹-30 Cr |
| Net Cash Flow | ₹-1 Cr 101.8% | ₹56 Cr 143.1% | ₹-130 Cr 0.0% | ₹-130 Cr |
| Free Cash Flow | ₹2 Cr 104.1% | ₹-49 Cr 52.9% | ₹-104 Cr 0.0% | ₹-104 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Dec 2024 | Mar 2024 |
|---|---|---|---|---|
| Debtor Days | 59d 27.2% | 81d 25.7% | 109d 0.0% | 109d |
| Inventory Days | 10d | — | 14d 0.0% | 14d |
| Days Payable | 177d | — | 76d 0.0% | 76d |
| Cash Conv. Cycle | -109d 234.6% | 81d 72.3% | 47d 0.0% | 47d |
| Working Capital Days | 21d 8.7% | 23d 32.4% | 34d 0.0% | 34d |
| ROCE | 5.0% 25.0% | 4.0% | — | — |
Source: Screener.in · Lower days = better efficiency
About Bluspring Enterprises Limited
Incorporated in 2025, Bluspring Enterprises Ltd is in the business as an infrastructure services company[1]
ServicesCommercial Services & Supplies