Shares of Blue Cloud Softech Solutions Hit 20% Upper Circuit After Signing USD 15 Million MoU with Byte Eclipse to Develop Edge AI Chips

On Wednesday, the shares of Blue Cloud Softech Solutions Ltd hit a 20 per cent Upper Circuit to Rs 28.66 per share from its previous closing of Rs 23.89 per share. The stock’s 52-week high is Rs 79.95 per share and its 52-week low is Rs 14.95 per share. The shares of the company saw a Spurt in Volume by more than 9 times on the BSE.

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Blue Cloud Softech Solutions Limited (BCSSL) and US-based Byte Eclipse have entered a strategic USD 15 million Memorandum of Understanding (MoU) to design and develop specialized Edge AI Chips for Industrial AIoT applications, specifically targeting the Oil & Gas (O&G) sector. This initial 18-month, Phase 1 project aims to deliver innovative, cost-effective solutions that transform industrial operations. The core goal is to enable real-time, on-site data processing and decision-making for mission-critical functions like Predictive Maintenance (PdM), addressing the unique challenges of remote and harsh O&G environments.

The collaboration's technical vision focuses on creating chips with High Computational Power (measured in TOPS) for rapid AI inference, while remaining Energy Efficient for use in remote, battery-powered devices. Key collaboration highlights include providing Real-Time Analytics by processing vast sensor data (vibration, temperature, pressure) locally to detect anomalies immediately, thus preventing catastrophic failures and downtime. Furthermore, the chips are designed for Autonomous Operations in low-connectivity areas and offer Enhanced Security by keeping sensitive operational data local instead of relying heavily on cloud transmission.

This partnership strategically positions BCSSL to capitalise on the rapidly expanding Industrial AIoT market. The Edge AI chips-incorporating cutting-edge technologies like ASICs and FPGAs-will contribute to significant Cost Optimisation for O&G companies by reducing bandwidth usage and transmission costs. With the Indian Industrial AIoT market projected to surpass USD 1 billion by 2027, this initiative positions BCSSL as a key leader in delivering robust, rugged, and seamlessly integrated AI solutions that drive efficiency and security across vital industrial infrastructure.

About the Company

Established in 1991, Blue Cloud Softech Solutions Limited (BCSSL) has grown into a premier global provider of AI-driven enterprise solutions with a market capitalisation of approximately USD 118.87 million and a presence in over 10 countries. The company focuses on the Defence, cybersecurity, and enterprise digital transformation sectors, delivering advanced, secure, and scalable solutions tailored to the evolving needs of critical industries. BCSSL remains committed to continuous growth and investing in next-generation platforms to ensure its clients benefit from future-ready operations and trusted technologies.

According to Quarterly Results, the company reported net sales of Rs 206.20 crore in Q1FY26, an increase of 12 per cent compared to Q4FY25. The net profit increased by 37.3 per cent to Rs 14.39 crore in Q1FY26 compared to Q1FY25. In its annual results, the net sales increased by 59 per cent to Rs 796.86 crore and net profit increased by 175 per cent to Rs 44.27 crore in FY25 compared to FY24.  

The stock is up by 93 per cent from its 52-week low of Rs 14.95 per share and has given multibagger returns of 380 per cent in 5 years. The shares of the company have a PE ratio of 30x, an ROE of 45 per cent and an ROCE of 37 per cent. The company has a market cap of over Rs 1,000 crore.

Disclaimer: The article is for informational purposes only and not investment advice.