Blue Star Limited BLUESTARCO NIFTY_MIDNSEINFRA
Company Overview
Blue Star Limited operates as a heating, ventilation, air conditioning, and commercial refrigeration (HVAC&R) company in India. It operates through three segments: Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products; and Professional Electronics and Industrial Systems. The Electro-Mechanical Projects and Commercial Air Conditioning Systems segment engages in the design, installation, and maintenance of central air conditioning systems, including packaged, ducted systems, variable refrigerant flow units, scroll chillers, screw chillers, centrifugal chillers, and data center chillers. This segment provides turnkey contracting services for mechanical, electrical and plumbing, and firefighting sectors, as well as value-added services, such as retrofitting, system upgrades, and ongoing operational support. Its Unitary Products segment is involved in the development, manufacture, and distribution of air conditioners for commercial and residential use, as well as the provision of commercial refrigeration solutions, cold chain equipment, air purifiers, and air coolers. The Professional Electronics and Industrial Systems segment trades in and services testing machines, medical, analytical, test and measuring, data communications, and industrial products and systems. The company also exports its products to the Middle East, Africa, SAARC, and ASEAN regions. Blue Star Limited was founded in 1943 and is headquartered in Mumbai, India.
Why Investors Should Care
Generates a return on equity of 15.4%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 20.9%.
Revenue has grown at a 16.2% CAGR over the past five years.
Carries low leverage with a debt-to-equity ratio of 0.24.
Recent Developments
- Mar 2026 Revenue of ₹12,401.99 Cr (+3.6% YoY); net profit ₹527.68 Cr.
- Trailing 12 Months Year-on-year growth — revenue +3.6%, earnings -10.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 16.2%, profit CAGR 9.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 16.23% |
| 1 Year: | 3.63% |
Compounded Profit Growth
| 5 Years: | 9.63% |
| 1 Year: | -10.75% |
Stock Price Performance
| 1 Year: | -1.96% |
| 6 Months: | -2.25% |
| 3 Months: | -6.06% |
| 1 Month: | +8.12% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)67.40 · Neutral
P/E of 68.34 is above the sector median of 29.60 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 20.9%.
- Compounding revenue at 16.2% over 5 years.
CONS
- Trading at a high P/E of 68.3.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | BLUESTARCO Blue Star Limited NIFTY_MIDNSEINFRA | 1,753.00 | 68.34 | ₹36,044.27 Cr | 0.51% | 20.90% | 15.38% | 16.23% | 9.63% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,624.00 Cr | 2,226.00 Cr | 1,890.00 Cr | 2,241.00 Cr | 3,328.00 Cr | 2,865.00 Cr | 2,276.00 Cr | 2,807.36 Cr | 4,018.96 Cr | 2,982.25 Cr | 2,422.00 Cr | 2,925.31 Cr | 4,072.06 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 2,122.35 Cr | 3,089.64 Cr | 2,284.18 Cr | - | 2,257.41 Cr | 3,197.48 Cr |
| Gross Profit | - | - | - | - | - | - | - | 685.01 Cr | 929.32 Cr | 698.07 Cr | - | 667.90 Cr | 874.58 Cr |
| Operating Expenses | 2,445.00 Cr | 2,081.00 Cr | 1,768.00 Cr | 2,086.00 Cr | 3,086.00 Cr | 2,628.00 Cr | 2,127.00 Cr | 510.61 Cr | 685.34 Cr | 539.43 Cr | 2,240.00 Cr | 493.03 Cr | 596.55 Cr |
| Operating Income | 156.00 Cr | 122.00 Cr | 100.00 Cr | 132.00 Cr | 214.00 Cr | 210.00 Cr | 119.00 Cr | 174.40 Cr | 243.98 Cr | 158.64 Cr | 139.00 Cr | 174.87 Cr | 278.03 Cr |
| EBITDA | 179.00 Cr | 145.00 Cr | 123.00 Cr | 155.00 Cr | 242.00 Cr | 238.00 Cr | 149.00 Cr | 229.90 Cr | 302.99 Cr | 214.65 Cr | 182.00 Cr | 175.57 Cr | 371.38 Cr |
| Interest Expense | 18.00 Cr | 18.00 Cr | 18.00 Cr | 10.00 Cr | 12.00 Cr | 8.00 Cr | 6.00 Cr | 15.93 Cr | 18.75 Cr | 10.07 Cr | 17.00 Cr | 22.09 Cr | 23.06 Cr |
| Pretax Income | 317.00 Cr | 114.00 Cr | 95.00 Cr | 134.00 Cr | 214.00 Cr | 226.00 Cr | 131.00 Cr | 178.99 Cr | 248.82 Cr | 163.23 Cr | 132.00 Cr | 107.62 Cr | 300.09 Cr |
| Tax Provision | 91.93 Cr | 30.78 Cr | 24.70 Cr | 33.50 Cr | 53.50 Cr | 56.50 Cr | 35.37 Cr | 46.53 Cr | 54.82 Cr | 42.41 Cr | 33.00 Cr | 27.07 Cr | 72.91 Cr |
| Net Income | 225.00 Cr | 83.00 Cr | 71.00 Cr | 100.00 Cr | 160.00 Cr | 169.00 Cr | 96.00 Cr | 132.57 Cr | 193.64 Cr | 120.96 Cr | 99.00 Cr | 80.66 Cr | 227.05 Cr |
| Diluted EPS | 11.70 | 4.33 | 3.44 | 4.88 | 7.81 | 8.21 | 4.68 | 6.44 | 9.44 | 5.88 | 4.82 | 3.92 | 11.05 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,182.00 Cr | 3,798.00 Cr | 4,385.00 Cr | 4,639.00 Cr | 5,235.00 Cr | 5,360.00 Cr | 4,264.00 Cr | - | 7,898.48 Cr | 9,575.65 Cr | 11,967.65 Cr | 12,401.99 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 6,206.87 Cr | 7,421.16 Cr | 9,074.34 Cr | 9,542.09 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 1,691.61 Cr | 2,154.49 Cr | 2,893.31 Cr | 2,859.90 Cr |
| Operating Expenses | 3,014.00 Cr | 3,631.00 Cr | 4,162.00 Cr | 4,372.00 Cr | 4,887.00 Cr | 5,077.00 Cr | 4,024.00 Cr | - | 1,268.25 Cr | 1,574.38 Cr | 2,145.76 Cr | 2,108.29 Cr |
| Operating Income | 125.00 Cr | 110.00 Cr | 162.00 Cr | 202.00 Cr | 273.00 Cr | 195.00 Cr | 148.00 Cr | - | 423.36 Cr | 580.11 Cr | 747.55 Cr | 751.61 Cr |
| EBITDA | 168.00 Cr | 167.00 Cr | 223.00 Cr | 266.00 Cr | 348.00 Cr | 283.00 Cr | 240.00 Cr | - | 687.14 Cr | 705.90 Cr | 962.10 Cr | 954.04 Cr |
| Interest Expense | 49.00 Cr | 43.00 Cr | 38.00 Cr | 29.00 Cr | 48.00 Cr | 29.00 Cr | 65.00 Cr | - | 46.98 Cr | 51.13 Cr | 48.80 Cr | 72.14 Cr |
| Pretax Income | 43.00 Cr | 132.00 Cr | 159.00 Cr | 196.00 Cr | 251.00 Cr | 206.00 Cr | 145.00 Cr | - | 555.38 Cr | 557.16 Cr | 784.93 Cr | 703.11 Cr |
| Tax Provision | -7.74 Cr | 27.72 Cr | 36.57 Cr | 49.00 Cr | 42.67 Cr | 65.92 Cr | 46.40 Cr | - | 154.69 Cr | 142.85 Cr | 193.65 Cr | 175.78 Cr |
| Net Income | 54.00 Cr | 106.00 Cr | 123.00 Cr | 144.00 Cr | 190.00 Cr | 144.00 Cr | 101.00 Cr | - | 400.46 Cr | 414.95 Cr | 591.24 Cr | 527.68 Cr |
| Diluted EPS | 3.01 | 5.82 | 6.44 | 7.50 | 9.87 | 7.44 | 5.21 | - | 20.79 | 20.77 | 28.76 | 25.65 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2,175.00 Cr | 2,525.00 Cr | 2,650.00 Cr | 3,236.00 Cr | 3,351.00 Cr | 3,439.00 Cr | 3,549.00 Cr | - | 5,447.24 Cr | 6,618.25 Cr | 8,257.50 Cr | 8,575.98 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 4,250.61 Cr | 5,040.03 Cr | 6,312.77 Cr | 6,388.27 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 239.35 Cr | 373.64 Cr | 425.59 Cr | 368.99 Cr |
| Inventory | - | - | - | - | - | - | - | - | 1,433.39 Cr | 1,407.18 Cr | 2,149.15 Cr | 2,166.20 Cr |
| Receivables | - | - | - | - | - | - | - | - | 1,622.12 Cr | 2,018.14 Cr | 2,064.46 Cr | 2,139.70 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 4,113.40 Cr | 4,005.61 Cr | 5,189.88 Cr | 5,142.11 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 3,831.93 Cr | 3,878.11 Cr | 4,944.39 Cr | 4,866.26 Cr |
| Long Term Debt | - | - | - | - | - | - | - | 241.57 Cr | 161.74 Cr | 0 | - | - |
| Total Debt | 398.00 Cr | 365.00 Cr | 221.00 Cr | 376.00 Cr | 348.00 Cr | 520.00 Cr | 510.00 Cr | - | 661.95 Cr | 242.93 Cr | 381.00 Cr | 809.99 Cr |
| Total Equity | 456.00 Cr | 630.00 Cr | 757.00 Cr | 793.00 Cr | 873.00 Cr | 782.00 Cr | 885.00 Cr | - | 1,330.65 Cr | 2,610.09 Cr | 3,065.02 Cr | 3,431.41 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 19.26 Cr | 20.56 Cr | 20.56 Cr | 20.56 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 215.00 Cr | 257.00 Cr | 159.00 Cr | 19.00 Cr | 258.00 Cr | 457.00 Cr | 350.00 Cr | - | 243.23 Cr | 289.22 Cr | 688.07 Cr | 153.81 Cr |
| Investing Cash Flow | -49.00 Cr | -48.00 Cr | 69.00 Cr | -88.00 Cr | -65.00 Cr | -88.00 Cr | -238.00 Cr | - | -181.66 Cr | -524.62 Cr | -463.99 Cr | -358.76 Cr |
| Financing Cash Flow | -190.00 Cr | -195.00 Cr | -203.00 Cr | 51.00 Cr | -181.00 Cr | -167.00 Cr | -70.00 Cr | - | -75.94 Cr | 364.83 Cr | -162.18 Cr | 137.14 Cr |
| Capital Expenditure | -35.00 Cr | -49.00 Cr | -107.00 Cr | -92.00 Cr | -78.00 Cr | -81.00 Cr | 17.00 Cr | - | -360.36 Cr | -440.96 Cr | -372.03 Cr | -329.03 Cr |
| Free Cash Flow | 180.00 Cr | 208.00 Cr | 52.00 Cr | -73.00 Cr | 180.00 Cr | 376.00 Cr | 367.00 Cr | - | -117.13 Cr | -151.74 Cr | 316.04 Cr | -175.22 Cr |
| Net Change in Cash | -24.00 Cr | 13.00 Cr | 25.00 Cr | -18.00 Cr | 13.00 Cr | 202.00 Cr | 42.00 Cr | - | -14.37 Cr | 129.43 Cr | 61.90 Cr | -67.81 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 21.4% | 22.5% | 24.2% | 23.1% |
| Operating Margin % | 3.9% | 2.9% | 3.7% | 4.4% | 5.2% | 3.6% | 3.5% | - | 5.4% | 6.1% | 6.2% | 6.1% |
| Net Margin % | 1.7% | 2.8% | 2.8% | 3.1% | 3.6% | 2.7% | 2.4% | - | 5.1% | 4.3% | 4.9% | 4.3% |
| ROE % | 11.8% | 16.8% | 16.2% | 18.2% | 21.8% | 18.4% | 11.4% | - | 30.1% | 15.9% | 19.3% | 15.4% |
| ROCE % | - | - | - | - | - | - | - | - | 26.2% | 21.2% | 22.6% | 20.3% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
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BLUESTARCO — Frequently Asked Questions
What is the current share price of Blue Star Limited (BLUESTARCO)?
As of 2026-07-15 09:52 IST, Blue Star Limited (BLUESTARCO) trades at ₹1,753.00 on NSE. Its 52-week range is ₹1,528.30 to ₹2,016.70.
What is the market capitalisation of BLUESTARCO?
Blue Star Limited (BLUESTARCO) has a market capitalisation of ₹36,044.27 Cr on NSE.
What is the P/E ratio of BLUESTARCO?
BLUESTARCO trades at a trailing price-to-earnings (P/E) ratio of 68.34. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 10.28.
Does BLUESTARCO pay a dividend?
Blue Star Limited (BLUESTARCO) currently offers a dividend yield of 0.51%.
What is the return on equity (ROE) of BLUESTARCO?
BLUESTARCO has a return on equity (ROE) of 15.38%. Its return on capital employed (ROCE) is 20.90%.
Is BLUESTARCO a good stock to buy?
This page provides a data-driven analysis of Blue Star Limited (BLUESTARCO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.