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    Industrial - Machinery
Blue Star Limited

Blue Star Limited

BLUESTARCO.BO
Blue Star LimitedIN flagBombay Stock Exchange
1,580.00
INR
+1.05
- -
324.83BMarket Cap
Blue Star Limited
BLUESTARCO.BO
(Bombay Stock Exchange)

Recent

price

1,580.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
165.71
155.05
161.06
160.47
174.47
196.91
226.85
239.38
270.42
277.07
219.89
311.46
410.04
480.13
582.15
602.85
587.58
Revenue per Share
8.95
-5.81
2.17
4.31
3.01
5.49
6.44
7.51
9.9
7.44
5.21
8.71
20.79
20.81
28.76
25.65
26.42
Basic EPS, GAAP
-9.31
10.59
-0.08
1.48
8.6
10.69
2.67
-4.14
7.81
18.89
14.86
-6.78
-6.08
-7.61
15.37
-8.52
- -
Free Cash Flow per Basic Share
4
3.49
0.59
1.5
2.18
5.59
0.1
4.51
6.01
11.95
0.06
2.01
5
5.81
7
8.98
- -
Dividend per Share
18.23
11.8
1
1
1
0.94
17.63
20.52
24.17
19.15
25.06
31.77
47.05
61.46
81.31
2
- -
Book Value per Share
27.66
20.88
20.74
23.73
24.36
30.56
35.04
38.16
42.4
37.5
43.21
50.44
65.02
125.37
141.28
155.88
- -
Tangible Book Value per Share
180
180
180
180
180
191
191
192
192
193
193
193
193
199
206
206
206
Basic Weighted Avg Shares
29,807
27,888
28,970
28,864
31,382
37,548
43,328
45,866
51,920
53,364
42,350
59,995
78,985
95,756
119,676
124,020
120,845
Sales/Revenue/Turnover
8.4
-0.44
3.39
4.25
4.35
4.37
3.81
4.46
5.34
3.84
3.58
4.43
5.36
6.06
6.25
6.06
5.76
Operating Margin (%)
319
318
334
378
431
571
606
638
749
880
923
860
848
976
1,284
1,788
1,417
Depreciation Expense
1,609
-1,046
391
775
542
1,048
1,230
1,440
1,901
1,432
1,004
1,677
4,005
4,150
5,912
5,277
5,434
Net Income, GAAP
31.49
- -
6.26
2.93
- -
17.85
23.12
25.27
16.72
31.71
31.87
33.04
27.85
25.64
24.67
25
24.76
Effective Tax Rate (%)
5.4
-3.75
1.35
2.69
1.73
2.79
2.84
3.14
3.66
2.68
2.37
2.8
5.07
4.33
4.94
4.25
4.5
Profit Margin (%)
2,203
- -
-596
-36
-255
281
1,382
1,812
2,117
1,055
5,981
5,142
4,187
11,619
13,684
15,220
- -
Working Capital
4,445
- -
- -
- -
253
183
202
259
86
862
3,805
2,935
2,252
545
1,387
1,238
- -
LT Debt
5,112
3,953
4,007
4,785
4,798
6,314
7,251
7,942
8,749
7,847
8,879
10,205
13,338
26,126
30,676
34,339
- -
Total Equity
18.14
- -
11.78
13.99
- -
16.16
15.03
16.73
21.36
12.02
8.26
12.85
17.92
18.35
18.39
14.74
- -
Return on Invested Capital (%)
29.33
- -
11.93
21.88
- -
32.62
31.18
24.2
28.12
18.66
14.95
17.96
31.69
29.82
35.62
40.03
114.57
Return on Capital (%)
93.08
-38.73
33.94
431.09
301.22
582.46
69.37
39.45
44.35
34.4
23.57
30.64
52.75
38.92
40.81
61.62
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
2,423
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1,387
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
206
- -
Market Capitalization
441,735
439,416
336,657

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
63,128
- -
Cash, Cash Equivalents & STI
- -
8,560
- -
Accounts Receivable, Net
- -
20,645
- -
Inventories
- -
21,492
- -
Total Current Liabilities
- -
49,444
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,423
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.82%
34.17%
11.94%
Free Cash Flow
-108.79%
-118.01%
-155.44%
Net Income, GAAP
25.31%
48.25%
-10.75%
Sales/Revenue/Turnover
13.97%
24.63%
3.63%
Total Cash Common Dividend
780.57%
649.6%
28.38%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22,260
18,904
22,412
32,181
95,756
2025
28,654
22,760
28,074
40,190
119,676
2026
29,822
29,253
40,721
- -
124,020

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.33
3.65
4.89
- -
20.81
2025
8.21
4.67
6.44
9.44
28.76
2026
5.88
3.92
11.05
- -
25.65

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.81
2025
- -
- -
- -
- -
7
2026
- -
- -
- -
- -
8.98
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Business
Blue Star Limited functions as a prominent Indian enterprise focused on air conditioning, commercial refrigeration, and electro-mechanical projects. The company's diverse operations are organized across three primary divisions: Electro-Mechanical Projects & Commercial Air Conditioning Systems, Unitary Products, and Professional Electronics & Industrial Systems. The Electro-Mechanical Projects & Commercial Air Conditioning Systems segment undertakes the design, production, installation, commissioning, and upkeep of central air conditioning plants, packaged and ducted systems, alongside variable refrigerant flow (VRF) technology. It additionally delivers contracting expertise in electrification, plumbing, and fire-fighting solutions, complemented by comprehensive after-sales support, including revitalization, modernization, and enhancement services. The Unitary Products segment provides a broad selection of residential and commercial room air conditioners, water purification systems, air purification devices, and air coolers. This division also manufactures and markets an extensive array of commercial refrigeration items and specialized cold chain equipment, with a focus on deep freezers and water coolers, and has expanded its product offerings to include 150 new room AC models in early 2025. Through its Professional Electronics & Industrial Systems segment, the company engages in the distribution and servicing of advanced testing machinery, medical instruments, analytical equipment, test and measurement tools, data communications technology, and industrial systems. Blue Star Limited further extends its reach, exporting products to approximately 19 countries across the Middle East, African, SAARC, and ASEAN markets. Established in 1943, the company maintains its headquarters in Mumbai, India.