Bluspring Enterprises Ltd · NSE:BLUSPRING
Bluspring Enterprises — Q1 FY26 Earnings Presentation
27 slides from Bluspring Enterprises's earnings presentation, Jul 31, 2025
Slide 1: Exchange filing cover letter for Investors Presentation Q1 FY26
Date: July 31, 2025 To, BSE Limited, National Stock Exchange of India Limited 1st Floor, New Trading Ring, Exchange Plaza, Bandra- Kurla Complex, Rotunda Building, PJ Towers, Bandra (East), Mumbai – 400 051 Dalal Street, Mumbai – 400 001 NSE Symbol: BLUSPRING Scrip Code: 544414 Dear Sir/ Madam, Sub:
Slide 2: Q1 FY26 Investor Presentation
BLUSPRING ENTERPRISES LIMITED Powering India’s Infrastructure Growth Q1 FY26 Investor Presentation 31st July 2025 1
Slide 3: Safe Harbour
Safe Harbour This presentation has been prepared by Bluspring Enterprises Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disse
Slide 4: What we do
What we do Facility and Food Telecom and Industrial Security Services foundit Services Services Soft & Hard Services Man-guarding AI powered Job Search O&M, Installation & Pest Control & Landscaping Commissioning Electronic Security Enterprise and Tele sales On-site and central kitchen Digital Consu
Slide 5: Contents
Contents 01 Key Performance Highlights 02 Segment-wise Updates 03 Financial Highlights 04 Company Overview 4
Slide 6: Key Performance Highlights
01 Key Performance Highlights 5 5
Slide 7: Q1 FY26 Financial Highlights (Ex. Investments)
Q1 FY26 Financial Highlights (Ex. Investments) Figures In ₹ Cr Revenue Q1 FY26 YoY QoQ EBITDA Q1 FY26 YoY QoQ Facility & Food 476 ▲ 13% ▲ 0% Facility & Food 19 ▼ 5% ▲20% Telecom & Industrials 152 ▲ 20% ▼ (6%) Telecom & Industrials 12 ▲ 7% ▼ (26%) Security 149 ▲ 8% ▲1% Security 4 ▼(27%) ▲86% Total 77
Slide 8: Q1 FY26 Financial Updates (Ex. Investments)
Q1 FY26 Financial Updates (Ex. Investments) Revenue (In ₹ Cr) EBITDA (In ₹ Cr) & margin (%) 13% (11%) 27 29 29 766 783 777 30 25 24 4.5% 687 733 4.0% 3.5% 3.9% 3.9% 3.8% 3.2% 3.1% 3.0% 2.5% 2.0% 1.5% 1.0% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 0.5% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 -10 0.0% (1%) (4%) PAT* (In ₹
Slide 9: Segment-wise Updates
Bluspring ~ Segment-wise Updates
Slide 10: Balanced and Diversified Business Mix
Balanced and Diversified Business Mix We have a healthy diversified client base… … alongside exposure across a range of sectors Clients Revenue contribution Top 10 29% Top 20 41% 6% 6% Industrials Top 30 48% 23% Commercial spaces 9% Telecom Zone-wise Concentration IT Sector-wise Govt & Public Infra
Slide 11: Facility and Food Services – Business Performance
Facility and Food Services – Business Performance Financial Performance (₹ cr) Revenue Distribution Q1’26 Revenue and EBITDA 15% 16% 16% 18% 17% 476 85% 84% 84% 82% 83% 19 4.0% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 IFM Food Client concentration% Sector-wise concentration% 15% 16% 17% 18% 17% 11% 10% 11% 11%
Slide 12: Telecom and Industrial Services – Business Performance
Telecom and Industrial Services – Business Performance Financial Performance (₹ cr) Revenue Distribution Q1’26 Revenue and EBITDA 152 53% 56% 57% 59% 58% 12 47% 44% 43% 41% 42% 7.6% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Industrials Telecom Client concentration% Sector-wise concentration% 2% 2% 1% 5% 2% 2% 1
Slide 13: Security Services – Business Performance
Security Services – Business Performance Financial Performance (₹ cr) Headcount (Associates) Q1’26 Revenue and EBITDA 10% 149 21,762 21,157 20,792 19,994 19,810 4 2.4% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 3% Client concentration% Sector-wise concentration% 7% 7% 8% 5% 8% 25% 24% 25% 26% 28% 9% 9% 10% 10% 1
Slide 14: Investments (foundit) – Business Performance
Investments (foundit) – Business Performance Financial Performance (₹ cr) Recruiter Metrics Q1’26 Revenue and EBITDA* Organic Jobs (‘000) 116.5 20 44.5 50.5 38.2 25.4 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 131% (82.0%) -16 Candidate Metrics Recruiter Search (Mn) New Search Profiles (‘000) 5.1 3.8 3.9 4.5 4.6
Slide 15: Financial Highlights
03 Financial Highlights 14 14
Slide 16: Income Statement Q1 FY26 (Bluspring consol)
Income Statement Q1 FY26 (Bluspring consol) Particulars ( in ₹ Cr) Q1 FY2026 Q4 FY2025 QoQ Q1 FY2025 YoY Revenue 797 802 ▼ 1% 723 ▲ 10% EBITDA 12 5 ▲ 148% 19 ▼ 37% EBITDA Margin % 1.5% 0.6% ▲ 88 bps 2.6% ▼ 111 bps Depreciation & amortisation (12) (11) ▼ 7% (11) ▼ 13% Interest (7) (8) ▲ 6% (7) ▼ 7% O
Slide 17: Income Statement Q1 FY26 (Ex. Investments)
Income Statement Q1 FY26 (Ex. Investments) Particulars ( in ₹ Cr) Q1 FY2026 Q4 FY2025 QoQ Q1 FY2025 YoY Revenue 777 783 ▼ 1% 687 ▲ 13% EBITDA 24 25 ▼ 4% 27 ▼ 11% EBITDA Margin % 3.1% 3.2% ▼ 10 bps 3.9% ▼ 83 bps Depreciation & amortisation (8) (7) ▼ 9% (7) ▼ 18% Interest (4) (4) ▼ 9% (5) ▲ 25% Other
Slide 18: Company Overview
Bluspring ait Company Overview
Slide 19: Bluspring's Evolution and Journey
Bluspring’s Evolution and Journey INITIAL LISTING PHASE EXPANSION PLATFORMIZATION 2007-2013 2014-2018 2018-2024 2025-Beyond Entered into Integrated Forayed into 4 new business services Consolidated into “Operating Asset Aspire to be Facility Management • Food & Catering Management” platform (IFM) •
Slide 20: Macro-economic development setting up stage for growth
Macro-economic development setting up stage for growth TAM estimated at ~₹170k Cr; projected CAGR of 13% over next 3 years Macroeconomic tailwinds 13% CAGR ~245,000 Rising Urbanization ~170,000 40% of India's to be urbanized by 2030, up from a 34% today Accelerating India’s investments In ₹ Cr FY25
Slide 21: Positioned to lead with our Service offerings
Positioned to lead with our Service offerings Range of service offerings vis-à-vis India’s leading players IFM F&C Security Industrial Telecom 1,000+ 378Mn+ Sq. Ft Clients Space Managed Bluspring India’s Leading FM co. India’s Leading 180k+ Daily 2.8k+ F&B co. Meals Served Sites Secured India’s Lead
Slide 22: Led by a seasoned management team...
Led by a seasoned management team... Kamal Pal Hoda Prapul Sridhar Priyanka Priyadarshini Executive Director & CEO Chief Financial Officer CHRO Seasoned leader with 20+ years of 16+years of experience across finance expertise in core business and finance. He 20 years of diverse experience across fun
Slide 23: ...with a high-pedigree board
...with a high-pedigree board Ajit Isaac 30+ Exp. Kamal Pal Hoda 20+ Exp. Chairman and Non-Executive Director CEO and Executive Director (Founder & Chairman of Quess, entrepreneur and philanthropist) (Seasoned leader in business and finance roles) Anish Thurthi 20+ Exp. 25+ Exp. Srivathsala K.N Non-
Slide 24: Key Differentiators
Key Differentiators Breadth of services and pan-India presence Operational Excellence ❑ Most diversified service provider among ❑ Fastest sourcing and on-boarding process in industry established players ❑ Strict compliance standards with strong HSE record ❑ Offices present in 18 States ❑ Employer of
Slide 25: Foundational Principles and Strategic direction
Foundational Principles and Strategic direction… Vision To be India’s largest and most trusted organization in Infrastructure Management Services Mission Build a leading infra services organization by enhancing client productivity and optimizing processes Laying the groundwork for long-term value-un
Slide 26: Guiding towards 2030 strategic objectives
…Guiding towards 2030 strategic objectives Market Leading Growth Value creation for all 3x of GDP Organic Growth ROE of 20% 6% EBITDA Margin Book value: 15% CAGR 50% EBITDA to OCF conversion Stable and long-term Promoters & Investors Debt <1.5x EBITDA Culture: Entrepreneurial, Focus, Integrity, Team
Slide 27: Bluspring Enterprises Limited
BLUSPRING ENTERPRISES LIMITED 26
Bluspring Enterprises — Q1 FY26 Earnings Presentation on 6ix