Bluspring Enterprises Ltd (BLUSPRING) AI Stock Analysis

Bluspring Enterprises Ltd

(NSE:BLUSPRING)

Select Model

Rating:63Neutral

Price Target:INR 158.00▲(8.59% Upside)

Action:reiterated

Date:10/16/26

The overall score of 63 reflects a company in a high-growth phase with strong technical momentum, but significant fundamental risks. The primary driver is the robust financial foundation and explosive revenue growth, which is heavily discounted by the lack of profitability and an extremely unfavorable valuation. The stock's strong uptrend provides support, but overbought technical conditions and negative earnings present cautionary signals for investors.

Positive Factors

Revenue Scale-UpRevenue rose 294.4% year over year in the latest annual period, indicating a substantial expansion in scale. If this enlarged base is sustained, it can improve operating absorption, broaden the company’s capacity to compete, and create a foundation for future earnings growth.

Negative Factors

Persistent Net LossesThe company remains unprofitable despite its major revenue expansion, with the latest loss substantially larger than the prior period’s loss. Persistent negative earnings can constrain retained capital, weaken shareholder returns, and make the scale-up less valuable unless profitability eventually follows.

Bluspring Enterprises Ltd (BLUSPRING) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 22.38B
Dividend Yield: ―
Average Volume (3M): 45.69K
Price to Earnings (P/E): -201.6
Beta (1Y): 1.45
Revenue Growth: ―
EPS Growth: ―
Country: India
Employees: 93,000
Sector: General
Sector Strength: 55
Industry: Specialty Business Services

Bluspring Enterprises Ltd Business Overview & Revenue Model

Company Description

Established in 2024 and headquartered in Bengaluru, India, Bluspring Enterprises Limited provides a wide array of integrated business support services to clients across India, Singapore, and international markets. The company specializes in comprehen...

Bluspring Enterprises Ltd Financial Statement Overview

Summary

Explosive revenue growth (>8,000%) and gross margin expansion are offset by persistent net losses. The balance sheet is robust with low leverage (D/E 0.20), and cash flows have turned positive, but low free cash flow conversion and lack of profitability weigh on the score.

Income Statement

55Neutral

Balance Sheet

75Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2025
Income Statement
Total Revenue	33.19B	34.84B	33.82B
Gross Profit	17.36B	2.35B	3.84B
EBITDA	291.38M	-807.24M	563.77M
Net Income	-392.06M	-1.72B	-153.42M
Balance Sheet
Total Assets	0	15.58B	16.90B
Cash, Cash Equivalents and Short-Term Investments	195.15M	682.09M	546.11M
Total Debt	0	1.87B	1.36B
Total Liabilities	-7.62B	7.84B	9.51B
Stockholders Equity	7.62B	6.95B	6.68B
Cash Flow
Free Cash Flow	-1.39B	-677.71M	116.45M
Operating Cash Flow	-1.27B	-412.38M	396.58M
Investing Cash Flow	-61.45M	-239.03M	-280.90M
Financing Cash Flow	916.75M	-456.51M	-180.86M

Bluspring Enterprises Ltd Technical Analysis

Technical Analysis SentimentPositive

Last Price145.50

Price Trends

50DMA139.58Positive

100DMA124.47Positive

200DMA93.19Positive

Market Momentum

MACD3.81Positive

RSI50.13Neutral

STOCH32.28Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BLUSPRING, the sentiment is Positive. The current price of 145.50 is below the 20-day moving average (MA) of 152.72, above the 50-day MA of 139.58, and above the 200-day MA of 93.19, indicating a neutral trend. The MACD of 3.81 indicates Positive momentum. The RSI at 50.13 is Neutral, neither overbought nor oversold. The STOCH value of 32.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BLUSPRING.

Bluspring Enterprises Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:BLUSPRING against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:ALLDIGI	79Outperform	INR 12.65B	14.83	―	7.24%	7.87%	29.02%
IN:UDS	77Outperform	INR 13.40B	15.65	―	0.50%	8.93%	-12.83%
IN:KRYSTAL	73Outperform	INR 7.82B	12.88	―	0.27%	2.83%	37.81%
IN:BLUSPRING	63Neutral	INR 22.19B	-201.62	―	―	―	―
IN:ONEPOINT	62Neutral	INR 18.55B	42.47	―	―	52.41%	15.90%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:HGS	50Neutral	INR 15.57B	-35.73	―	1.49%	-1.53%	-62.66%

* General Sector Average

Performance Comparison

IN:BLUSPRING and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:BLUSPRING	Bluspring Enterprises Ltd	148.40	69.47	88.01%
IN:ALLDIGI	Alldigi Tech Ltd	830.35	0.37	0.04%
IN:HGS	Hinduja Global Solutions Limited	334.80	-172.45	-34.00%
IN:KRYSTAL	Krystal Integrated Services Ltd.	559.40	-38.16	-6.39%
IN:ONEPOINT	One Point One Solutions Ltd.	70.55	21.63	44.22%
IN:UDS	Updater Services Limited	200.10	-32.75	-14.06%

Bluspring Enterprises Ltd Corporate Events

Bluspring Confirms SEBI Compliance, Reports No Share Conversion Requests in Q2 FY27

Oct 7, 2026

Bluspring Enterprises Limited has notified the BSE and National Stock Exchange of India about receiving a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30,...

Bluspring Completes Acquisition of LSG Sky Chefs India Through Subsidiary

Aug 7, 2026

Bluspring Enterprises Limited has completed the acquisition of LSG Sky Chefs (India) Private Limited via its wholly owned subsidiary, Bluspring New Horizon Two Private Limited, after fulfilling all conditions under an April 13, 2026 share purchase ag...

Bluspring Publishes Q1 FY27 Earnings Call Transcript for Investors

Aug 2, 2026

Bluspring Enterprises Limited has released the official transcript of its Q1 FY27 earnings conference call held on August 1, 2026, and notified both BSE and NSE in compliance with Indian listing disclosure regulations. The transcript, led by the comp...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 16, 2026

Bluspring Enterprises Ltd AI Stock Analysis