Blue Star
- Market cap
- ₹ 30,760 Cr.
- P/E
- 62.1x
- P/B
- 9.37x
- 52-week range
- 1,432.3 – 2,029.6
- ROE
- 17%
- ROCE
- 21%
- Dividend yield
- 0.5%
- Debt / equity
- 0.24
- Sector
- Consumer Durables
- Industry
- Household Appliances
- Listed on
- NSE, BSE
About
Blue Star Limited offers a wide range of room air conditioning and commercial refrigeration & air conditioning products, as well as a comprehensive range of air purifiers, air coolers, storage water coolers, water purifiers, cold chain equipment and specialty products. It operates through three segments: Electro-Mechanical Projects and Commercial Air Conditioning Systems, Unitary Products and Professional Electronics and Industrial Systems. Its Electro-Mechanical Projects and Commercial Air-conditioning Systems segment include central air-conditioning projects, electrical contracting business, and packaged air-conditioning businesses, including manufacturing and after-sales service. Its Unitary Products segments include cooling appliances, cold storage products, including manufacturing and after-sales service. Its Professional Electronics and Industrial Systems segments include trading and services for testing machines, analytical, test and measuring, industrial products, and systems.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Household Appliances: 26 companies →Blue Star against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)62.1 against a typical 33.3: pricier than most peers (1st = cheapest).18th of 26
- Sales growth+13.3% against a typical +16.3% from a year earlier.18th of 26
- Profit growth−14.9% against a typical +39.1% from a year earlier.17th of 25
- Share price, 3 months−4.9% against a typical −12.6%.12th of 26
- Size₹ 30,760 Cr. market value against a typical ₹ 3,242.3 Cr. (1st = largest).3rd of 23
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | — | 23 Sep 2026 |
| CARE | CARE AA+ / CARE A1+ | Stable | 7 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 23 Sep 2026 | Reaffirmed | — | — | CRISIL | ₹ 1,000 Cr. | |
| 7 Jul 2026 | Reaffirmed | CARE AA+ / CARE A1+ | — | CARE | ₹ 5,913.25 Cr. | |
| 23 Sep 2025 | Reaffirmed | — | — | CRISIL | ₹ 1,000 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 29 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 6 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 6 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 29 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 5 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 6 Aug 2025 | Other business matters | To consider other business matters in relation to approval of the Un-audited Standalone andConsolidated Financial Results (with limited review report) for the First Quarter endedJune 30, 2025. |
| 7 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,890 | 2,241 | 3,328 | 2,865 | 2,276 | 2,807 | 4,019 | 2,982 | 2,422 | 2,925 | 4,072 | 3,378 |
| Expenses | 1,768 | 2,086 | 3,086 | 2,628 | 2,127 | 2,599 | 3,740 | 2,784 | 2,240 | 2,705 | 3,746 | 3,203 |
| Operating Profit | 123 | 155 | 242 | 238 | 149 | 209 | 279 | 199 | 182 | 220 | 326 | 175 |
| OPM % | 6% | 7% | 7% | 8% | 7% | 7% | 7% | 7% | 8% | 8% | 8% | 5% |
| Other Income | 13 | 13 | 13 | 24 | 19 | 21 | 24 | 16 | 10 | −44 | 45 | 30 |
| Interest | 18 | 10 | 12 | 8 | 6 | 16 | 19 | 10 | 17 | 22 | 23 | 13 |
| Depreciation | 23 | 23 | 28 | 28 | 30 | 35 | 35 | 41 | 43 | 46 | 48 | 57 |
| Profit before tax | 95 | 134 | 214 | 226 | 131 | 179 | 249 | 163 | 132 | 108 | 300 | 135 |
| Tax % | 26% | 25% | 25% | 25% | 27% | 26% | 22% | 26% | 25% | 25% | 24% | 24% |
| Net Profit | 71 | 100 | 160 | 169 | 96 | 132 | 194 | 121 | 99 | 81 | 227 | 103 |
| EPS in Rs | 3.44 | 4.88 | 7.81 | 8.21 | 4.68 | 6.45 | 9.42 | 5.88 | 4.82 | 3.92 | 11.04 | 4.99 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 24%
- 3 Years
- 16%
- TTM
- 6%
- 10 Years
- 18%
- 5 Years
- 50%
- 3 Years
- 26%
- TTM
- −1%
- 10 Years
- 20%
- 5 Years
- 30%
- 3 Years
- 26%
- TTM
- —
- 10 Years
- 19%
- 5 Years
- 20%
- 3 Years
- 19%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Blue Star | ₹ 1,598.00 | ₹ 30,760 Cr. | 62.1x | 9.4x | 17% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Vir S. Advani
- Chairman of the Board, Managing Director, Executive Director
- Nikhil Sohoni
- Group Chief Financial Officer
- Manish Jha
- Group President - Manufacturing
- Prem Kalliath
- Chief Executive Officer of Blue Star Engineering and Electronics Limited
- Devidas Kasbekar
- Chief Executive Officer of Blue Star Climatech Limited
- Thomas F. Overs
- Chief Executive Officer of Blue Star North America Inc
- Arun Rajan
- Group Chief Human Resources Officer
- C. Haridas
- Executive Vice President - Sales, Marketing and Customer Service, Unitary Cooling Products
Prices are delayed and for information only. Nothing on this page is investment advice.