Bluspring Enter.

NSE: BLUSPRING · Diversified Commercial Services

52W Range₹44 ₹132

Snapshot

Unlock Bluspring Enter.'s vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Bluspring Enterprises Limited is a diversified services company providing integrated facility management, security, industrial asset maintenance, and telecom network services. It also operates a full-service recruitment platform under the brand Foundit, serving a wide array of sectors including BFSI, healthcare, and manufacturing.

Business Model

The company generates revenue through service contracts across facility management, security, and technical maintenance, alongside project-based consulting and recruitment platform fees. It leverages a multi-sector client base to provide recurring operational support and specialised industrial services.

Growth Outlook

Growth is expected to be driven by the expansion of its integrated facility management services and the scaling of the Foundit recruitment platform. The company is positioned to capitalise on increasing demand for outsourced industrial and digital asset management across its core markets.

Key Risks

  • Labour Cost Inflation. As a service-heavy business, rising wage costs and attrition in the facility management sector could compress operating margins.
  • Client Concentration. Dependence on large corporate and industrial clients exposes the company to potential revenue volatility if major contracts are terminated or renegotiated.
  • Regulatory Compliance. Operating across diverse sectors and international jurisdictions requires strict adherence to varying labour laws and safety regulations, increasing legal risk.
  • Market Competition. The facility management and recruitment sectors are highly fragmented and competitive, which may limit pricing power and market share growth.

Price

Start your research today

Unlock AI insights, financials, peers and live data on Bluspring Enter. and 5,000+ companies — free.

Start your research

Key Metrics

P/E

51.5x

Q4 FY26 · consolidated

51.5 vs 45.5x5Y avg

EV/EBITDA

16.7x

Q4 FY26 · consolidated

16.7 vs 22.1x5Y avg

NET PROFIT MARGIN

0.4%

Q4 FY26 · consolidated

-2.5 ppYoY

DEBT TO EQUITY

0.1x

Q4 FY26 · consolidated

+0.01xYoY

Peers · Diversified Commercial Services

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Bluspring Enter.BLUSPRING
74251.4616.663.2%5.5%8.3%+24.1%
Updater ServicesUDS
98215.085.4733.0%5.5%11.4%12.2%-33.4%
Banganga PaperBANGANGA
880-71.1%-109.1%-3.4%-3.2%
Krystal IntegratKRYSTAL
76013.038.915.3%8.0%14.2%19.6%-8.3%
Sobhagya MercantSOBME
65932.4117.5352.6%15.2%20.4%32.2%+59.3%
South West Pinn.SOUTHWEST
63616.1510.4354.4%25.8%22.7%30.4%+48.3%

As of Q4 FY26

Financials