Blu-Smart Mobility Unlisted Shares
BluSmart targets to turn profitable in 5-6 quarters
Financial Express
2 min read
BluSmart Eyes Profitability in 5–6 Quarters.
Expert Analysis :
Profitability Outlook: BluSmart expects to turn profitable in 5–6 quarters, as conveyed to 160 investors during a recent financial update.
Revenue and Growth: The annual run rate has reached $90 million, with gross business value up 127% to ₹376 crore in FY24, projected to rise 70% to ₹640 crore in FY25.
Fleet & Fare Growth: BluSmart’s fleet expanded 51% to 8,685 vehicles, while gross fare per trip rose 13% to ₹525, reaching ₹550 during the festive quarter.
Revenue Surge & NCD Delay: BluSmart’s 10-month revenue rose 72% to ₹513.86 crore, including ₹175.54 crore in Q3, despite a ₹30 crore NCD payment delay in February.
Funding Progress: BluSmart is raising ₹425 crore in Series B, securing ₹300 crore so far, with commitments for the rest; NCD delay clarified to investors.
Financial Position: BluSmart has raised ₹985 crore to date, with outstanding debt at ₹240 crore as of March 9.
Premium & On-Demand Expansion: The premium segment is set to grow from 9% in FY24 to 40% by FY26, while on-demand trips are expected to contribute 50% of demand.
BluSmart targets profitability with 70% growth in FY25, premium segment expansion, and funding progress despite NCD delays, focusing on on-demand trips.
Precize Daily Pulse
The latest news in the world of Unlisted Shares, summarised by our experts.
Company
Our Office
Office No. 1219, The Summit Business Park, Andheri Kurla Road, Andheri East, Mumbai, Maharashtra - 400093
Find us on Googlesupport@precize.in
+91 7738336457
All trademarks and logos or registered trademarks and logos found on this Site or mentioned herein belong to their respective owners and are solely used for informational and educational purposes.
The material presented in this advertisement is for informational purposes only and should not be construed as investment advice or investment availability. It is not a recommendation of, or an offer to sell or solicitation of an offer to buy, any particular unlisted share, security, strategy, or investment product. Investing in the private market and securities involves risks, including the potential loss of money, and past performance does not guarantee future results. Market trends, data interpretations, graph projections are provided for informational and illustrative purposes and may not reflect actual future performance. Nothing on this website should be construed as personalized investment advice or should not be treated as legal, financial, or any other form of advice. Precize is not liable for financial or any other form of loss incurred by the user or any affiliated party based on information provided herein.
Precize is neither a stock exchange nor does it intend to get recognized as a stock exchange under the Securities Contracts Regulation Act, 1956. Precize is not authorized by the capital markets regulator to solicit investments. The securities traded on these platforms are not traded on any regulated exchange.
The website will be updated regularly.
Copyright © 2026 - Precize - All Rights Reserved