Blue Cloud Softech Solutions Ltd (BLUECLOUDS) — concall transcript | 31 March 2026

Blue Cloud Softech Solutions reported Q4 FY26 results showing gross margin expansion to 17% from 12% a year ago, driven by AI product monetization and infrastructure investments. Management confirmed a ₹1,100+ crore order book for FY27 and reaffirmed ₹3,000 crore revenue guidance with 30% growth from FY28 onward. International expansion targets Ghana, Liberia, Senegal, and Mauritius. The company highlighted 46-47% revenue contribution from cybersecurity, 24-26% from enterprise applications, and 14%+ from healthcare. CAPEX of ₹150-200 crores is planned for FY27 including data center rollout, with first phase ready by Q1 2027. Analysts pressed on customer concentration (80% private sector), EBITDA margin sustainability (10-15% target), and Geo Impex acquisition status.