Bluspring Enterprises has unveiled a refreshed brand identity nearly six months after its demerger from Quess Corp, as the infrastructure services company
sharpens its focus on scale, profitability and a more diversified growth profile.
The rebranding, announced at a media briefing in Bengaluru, introduces a new logo and visual language aimed at bringing together Bluspring's multiple service lines and specialist sub brands under a unified identity.
The management said the refreshed brand reflects the company's evolution into an integrated infrastructure services player in a post-demerger phase.
The move comes amid strong business momentum. Bluspring reported revenue of ₹1,614 crore in the first half of FY26, a 14% year-on-year increase, while adding 36 new contracts worth ₹110 crore during the period.
For the full year, the company expects revenue to cross ₹3,400 crore, compared with around ₹3,000 crore in FY25, driven by new client additions and rising exposure to infrastructure led demand.
Bluspring is targeting annual revenue growth of over 20%, which it describes as nearly three times India's GDP growth rate. Sustaining a 20% CAGR is critical to achieving its long-term margin and balance sheet goals, the management said.
Profitability remains a key focus area. The company is currently operating at an EBITDA margin of about 4% and plans to exit the current year at this level, with a stated objective of expanding margins to 6% by 2030.
This improvement is expected to come through a mix of sector diversification, operating leverage and investments in higher margin businesses.
As per the current revenue mix, facility management and food services together contribute close to 60% of overall revenue, while the security business accounts for around 20%. The remaining 20% comes from telecom services and industrial asset maintenance.
Margins vary significantly across segments, with security being the lowest margin business at around 3%, while telecom remains the most profitable segment with margins in the 11.5-12% range.
With a workforce of over 90,000 employees spread across 28 states and more than 34 cities, the management acknowledged that labour costs and compliance risks remain significant considerations for the business.
The company currently serves over 1,000 clients, with a well-diversified revenue base, as the top 30 clients contribute only about half of total revenue, while eight sectors each account for more than 5%.
These sectors include healthcare, education, IT, telecom, BFSI, commercial real estate, manufacturing, industrials and government institutions.
On the balance sheet front, Bluspring's borrowings stood at ₹136 crore as of September 2025. The company expects to steadily reduce debt and believes it can turn debt-free over the next 2-3 years, supported by cash generation and improving profitability, as per the management.
Kamal Pal Hoda, CEO of Bluspring Enterprises, said the new brand brings together the company's category leading capabilities into a single, coherent narrative for clients, partners and employees, while aligning with its long-term growth and margin aspirations.
ALSO READ | Stocks to Watch for Jan 8: Tata Steel, Infosys, Cipla, Gland Pharma and more
