BLUESTARCO
Blue Star Limited
NSELast Traded Price
₹1480
-17 (-1.14%)
Open
₹1494
High
₹1494
Low
₹1472.9
Prev Close
₹1497
Industry
Household Appliances
Market Cap
30430.99 Cr
Filing History
Recent corporate announcements and filings for BLUESTARCO
Business Update
Positive
2026-08-14 21:04
- Blue Star Engineering & Electronics Limited (a wholly-owned subsidiary) executed a Business Transfer Agreement for the slump sale of its MedTech division to Cyrix Healthcare Private Limited.
- The consideration for the sale is upto ₹40 Crores.
- The transaction is expected to be completed by March 31, 2027.
- The rationale for the sale is to focus on strategic priorities.
- The MedTech division contributed approximately 0.33% of the Company's consolidated income for FY26.
Business Update
Negative
2026-08-13 18:52
CRITICAL RED FLAG DETECTED
- Q1 FY27 saw 13.3% YoY revenue growth, but PBT dropped 23.7% YoY due to challenging market conditions, unprecedented commodity price escalation, rupee depreciation, and inability to fully pass on cost increases.
- Segment II (Unitary Products) EBIT margins declined significantly to 2.9% in Q1 FY27 from 5.8% in Q1 FY26. Segment I (Electro-Mechanical Projects & Commercial AC) margins also contracted from 7.9% to 6.8%.
- The company experienced market share loss in Room Air Conditioners in April but regained some in May and June. Commercial Refrigeration business degrew by 15%.
- Outlook for FY27 indicates an expected bounce back in Q3 and Q4, with full-year operating margin for Segment II targeted at "over 6.5%" and for Segment I remaining 6.5%-7%.
- Strong order inflow for Segment I at ₹2,435 Cr (up 24% YoY), primarily driven by data center MEP projects, bringing total carry-forward order book to ₹7,764 Cr (up 13.5% YoY).
- Maintained a strong net cash position of ₹900 Cr as of June 30, 2026.
- The management remains cautious about the overall financial year outlook due to volatile commodity prices, exchange rates, and geopolitical uncertainties.
Routine
Neutral
2026-08-07 21:52
New Filing detected. See link for details.
Business Update
Neutral
2026-08-07 17:41
- Audio recording of the Investors' Conference Call on the Q1 FY27 financial results (ended June 30, 2026) is made available on the company's website.
Business Update
Positive
2026-08-07 11:30
- Investors' Presentation for Q1FY27 (Quarter ended June 30, 2026).
- Strong order bookings in Electro-Mechanical Projects, driven by data centers, with continued growth prospects.
- Commercial AC Systems saw good order inflow. International business expansion in US/Europe progressing well.
Financials
Negative
2026-08-07 11:29
CRITICAL RED FLAG DETECTED
- Consolidated Revenue ₹3,377.92 Cr vs ₹2,982.25 Cr (▲13.3% YoY)
- EBITDA ₹174.95 Cr vs ₹199.99 Cr (▼12.5% YoY)
- PAT ₹102.53 Cr vs ₹120.82 Cr (▼15.1% YoY)
- EBITDA Margin 5.2% vs 6.7% (▼150bps)
Business Update
Positive
2026-08-07 11:25
- Strong order bookings in Electro-Mechanical Projects, primarily driven by data centers, with rising opportunities for continued growth prospects.
- Commercial Air Conditioning Systems experienced gained order inflow momentum from industrial, retail, and healthcare segments.
- International business expansion in the US is progressing well, with continued efforts to pursue more customers in the US and Europe.
Financials
Negative
2026-08-06 15:02
- Consolidated Revenue ₹3,377.92 Cr vs ₹2,982.25 Cr (▲13.3% YoY)
- EBITDA ₹174.95 Cr vs ₹199.99 Cr (▼12.5% YoY)
- PAT ₹102.51 Cr vs ₹120.82 Cr (▼15.2% YoY)
- EBITDA Margin 5.2% vs 6.7% (▼150bps)
Governance
Positive
2026-08-06 14:38
- Blue Star Limited's Board approved the appointment of Mr Nikhilesh Panchal as an Additional Director, designated as an Independent Director.
- The appointment is for five consecutive years, commencing August 14, 2026, subject to shareholder approval.
Governance
Neutral
2026-08-06 14:37
- The Board of Directors of Blue Star Limited approved the appointment of Mr Nikhilesh Panchal as an Additional Director, designated as an Independent Director, for a term of five consecutive years commencing from August 14, 2026.
- The appointment is subject to the approval of the Shareholders through Postal Ballot.
Financials
Negative
2026-08-06 14:33
- Consolidated Revenue ₹3,377.92 Cr vs ₹2,982.25 Cr (▲13.27% YoY)
- EBITDA ₹183.92 Cr vs ₹198.58 Cr (▼7.38% YoY)
- PAT ₹102.51 Cr vs ₹120.82 Cr (▼15.15% YoY)
- EBITDA Margin 5.44% vs 6.66% (▼122bps)
- The Board also approved the appointment of Mr. Nikhilesh Panchal as an Independent Director for five consecutive years commencing August 14, 2026, subject to shareholder approval.
Business Update
Neutral
2026-08-05 19:46
- Concall Schedule
- Concall Date: August 10, 2026
- Concall Time: 10:00 am to 12:00 noon
Business Update
Neutral
2026-07-30 19:25
- Concall Schedule
- Concall Date: Friday, 07th August, 2026
- Concall Time: 11:30 am IST
Business Update
Positive
2026-07-23 23:20
- Blue Star Limited won an arbitration case.
- The Arbitrator dismissed W.J. Towell & Co LLC's (WJT) claims amounting to OMR 2,11,80,748 (approx. Rs 461.74 crores) plus interest.
- Award on interest and costs is pending a further decision.
Routine
Neutral
2026-07-13 23:39
New Filing detected. See link for details.
Routine
Neutral
2026-07-13 23:30
New Filing detected. See link for details.
Routine
Neutral
2026-07-13 23:28
New Filing detected. See link for details.
Governance
Neutral
2026-07-13 23:14
- The 78th Annual General Meeting (AGM) of Blue Star Limited will be held on Thursday, August 6, 2026, at 3:30 p.m. IST via Video Conferencing/OAVM.
- The agenda includes adopting FY 2025-26 financial statements, declaring a final dividend of ₹8.5 per equity share, re-appointing a director, and approving Cost Auditors' remuneration.
- Remote e-voting commences on August 1, 2026, and ends on August 5, 2026.
Governance
Neutral
2026-06-25 18:15
- Board Meeting on August 6, 2026, to consider and approve Un-audited Standalone and Consolidated Financial Results for Q1 ended June 30, 2026.
- Trading Window for Designated Persons will be closed from July 1, 2026, to August 8, 2026.
Business Update
Neutral
2026-06-23 22:39
- Investor Meeting Schedule
- Meeting Date: June 29, 2026
- Meeting Time: 10:00 am to 11:00 am
- Venue: Blue Star Limited, Band Box House, Mumbai
- Participants: Group of Analysts/Institutional Investors
Business Update
Neutral
2026-06-17 20:00
- Concall Schedule
- Concall Date: June 22, 2026
- Concall Time: 10:00 am to 12:00 noon
- Meeting Type: In-person meeting with Group of Analysts/Institutional Investors at Elara Consumer Conference in Mumbai.
Routine
Neutral
2026-06-09 18:41
New Filing detected. See link for details.
Financials
Neutral
2026-06-05 17:03
- Blue Star issued intimation on tax deduction at source (TDS) for the recommended final dividend of Rs 8.5/share for FY 2025-26.
- Details on applicable TDS rates and required documentation for claiming exemption or lower deduction are provided.
- Shareholders must submit relevant documents by July 10, 2026, to determine the appropriate TDS rate.
Business Update
Neutral
2026-06-01 19:04
- Intimation of revised schedule for Analyst/Institutional Investor Meeting with Group of Analysts/Institutional Investors - Citi India conference 2026.
- Concall Date: June 5, 2026
- Concall Time: 10:00 am to 12:00 noon
- Venue: Mumbai
Business Update
Neutral
2026-05-20 18:10
Blue Star Limited announced a schedule of analyst and institutional investor meetings from May 25 to June 9, 2026. These include group meetings at the company's Mumbai office and participation in various investor conferences such as Trinity India, Bank of America Securities 2026, Citi India 2026, and ICICI Securities India Investor Conference 2026, all held in Mumbai.
Business Update
Positive
2026-05-19 18:26
Blue Star Limited's Executive Management Committee approved the acquisition of the remaining 51% shareholding in its subsidiary, Blue Star Qatar W.L.L. (BSQ), from Al Malki Trading & Contracting Co. for a consideration not exceeding ₹50 lakh. This aims to simplify the shareholding structure, making BSQ a wholly-owned subsidiary, without altering existing control (Blue Star already held 95% economic interest). The acquisition, subject to regulatory approvals, is expected to be completed within 8 months. BSQ's turnover was QAR 53 million in FY23-24.
Business Update
Negative
2026-05-12 18:46
CRITICAL RED FLAG DETECTED
Management remains cautiously optimistic for FY27, foreseeing continued growth in the room air conditioning market at 18-20% CAGR till 2030, aiming for 40-50 million units. Electromechanical projects and commercial AC, especially in data centers and manufacturing, are expected to maintain growth momentum. The data center MEP market, currently ₹1,000 Cr, is projected to more than double to ₹3,000 Cr within 3 years. However, significant margin pressure and headwinds are anticipated for FY27 due to rising input costs and volatile exchange rates, with the goal of maintaining Segment 1 margins at 7%-7.5% and Segment 2 at 8%-8.5%. Annual Capex is expected to be ₹250-350 Cr, covering routine, R&D, and IT investments. The company has no plans to diversify into other white goods and current RAC manufacturing is operating near 100% capacity.
Financials
Positive
2026-05-07 19:22
Consolidated Revenue for Q4FY26 was ₹4,072Cr vs ₹4,019Cr in Q4FY25 (▲1.3% YoY). PBT for Q4FY26 was ₹279Cr vs ₹249Cr in Q4FY25 (▲12.0% YoY). PBT Margin expanded from 6.2% to 6.8% (▲60bps). The company also reported a healthy carried forward order book of ₹6,923Cr as of March 2026, marking an 11% YoY growth.
Business Update
Neutral
2026-05-07 16:37
Blue Star Limited announced the availability of the audio recording for its Investors' Conference Call held on the Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026. The recording is accessible via a weblink on the company's website.
Financials
Neutral
2026-05-07 12:04
Blue Star Limited has submitted its Investors' Presentation for the Fourth Quarter and Financial Year ended March 31, 2026, to the BSE and NSE on May 7, 2026. The presentation is also available on the company's website. The provided document only includes the cover letter and introductory slides, not the detailed financial results or management commentary.
Financials
Negative
2026-05-07 11:59
Consolidated Revenue ₹4072.06Cr vs ₹4018.96Cr (▲1.3% YoY), EBITDA ₹326.25Cr vs ₹279.40Cr (▲16.8% YoY), PAT ₹227.18Cr vs ₹194.00Cr (▲17.1% YoY). EBITDA Margin 8.0% vs 7.0% (▲100bps).
Governance
Neutral
2026-05-06 19:03
Blue Star Limited's Board of Directors, at their meeting on May 6, 2026, approved the segregation of the Code of Conduct on Insider Trading. It has been separated into two distinct codes: 'Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders' and 'Code of Fair Disclosure of Unpublished Price Sensitive Information', to align with SEBI (Prohibition of Insider Trading) Regulations, 2015. The segregated Code of Fair Disclosure is enclosed.
Financials
Positive
2026-05-06 17:16
Consolidated Revenue ₹4,072.06Cr vs ₹4,018.96Cr (▲1.3% YoY), EBITDA ₹347.43Cr vs ₹279.00Cr (▲24.5% YoY), PAT ₹227.18Cr vs ₹194.00Cr (▲17.1% YoY). EBITDA Margin 8.5% vs 6.9% (▲160bps).
Financials
Positive
2026-05-06 17:12
Blue Star Limited's Board of Directors approved the unaudited standalone and consolidated financial results for the fourth quarter and audited results for the financial year ended March 31, 2026. The company recommended a final dividend of Rs 8.50 per equity share for the financial year ended March 31, 2026. The 78th Annual General Meeting will be held on Thursday, August 6, 2026, with July 17, 2026, as the record date for the dividend. The statutory auditors issued an unmodified audit report.
Governance
Positive
2026-05-06 17:05
The Board of Directors of Blue Star Limited, in a meeting on May 6, 2026, approved the Unaudited Standalone and Consolidated Financial Results for Q4 FY26 and Audited Standalone and Consolidated Financial Results for FY26. The company recommended a final dividend of Rs 8.50 per equity share for the financial year ended March 31, 2026. The record date for the dividend is July 17, 2026, and the 78th Annual General Meeting (AGM) will be held on August 6, 2026. Auditors issued an unmodified audit report.
Financials
Positive
2026-05-06 16:59
Blue Star Limited's Board approved the unaudited consolidated financial results for Q4 FY26 and audited consolidated financial results for the financial year ended March 31, 2026. The Board recommended a final dividend of Rs 8.5 per equity share for FY26. The record date for the dividend is July 17, 2026, with payment/dispatch after August 6, 2026. The 78th Annual General Meeting will be held on August 6, 2026.
Financials
Negative
2026-05-06 16:55
Consolidated Revenue from Operations for Q4FY26 was ₹4072.06 Cr vs ₹4018.96 Cr (▲1.3% YoY), Operating Profit (PBIDTA excluding Other Income) was ₹326.25 Cr vs ₹279.40 Cr (▲16.8% YoY), PAT was ₹227.18 Cr vs ₹194.00 Cr (▲17.1% YoY). Operating Profit Margin improved from 7.0% to 8.0% (▲100bps).
Financials
Positive
2026-05-06 16:53
Consolidated Revenue ₹4,072.06 Cr vs ₹4,018.96 Cr (▲1.3% YoY), EBITDA ₹371.38 Cr vs ₹302.99 Cr (▲22.6% YoY), PAT ₹227.18 Cr vs ₹194.00 Cr (▲17.1% YoY). EBITDA Margin 8.01% vs 6.95% (▲106bps). The board also recommended a final dividend of Rs 8.5/- per equity share for the financial year ended March 31, 2026.
Routine
Neutral
2026-04-30 18:18
New Filing detected. See link for details.
Routine
Neutral
2026-04-30 18:09
New Filing detected. See link for details.
Routine
Neutral
2026-04-30 16:52
New Filing detected. See link for details.
Financials
Neutral
2026-04-29 22:52
Blue Star Limited has re-scheduled its Investors' Conference Call to discuss the corporate performance for the Fourth Quarter and Financial Year ended March 31, 2026. The call will now be held on Thursday, May 7, 2026, at 12:00 noon IST.
Financials
Neutral
2026-04-27 19:32
Blue Star Limited announced an Investors' Conference Call to discuss its financial results for the Fourth Quarter and Financial Year ended March 31, 2026. The call is scheduled for Thursday, May 7, 2026, at 10:30 a.m. (IST).
Routine
Neutral
2026-04-08 17:32
New Filing detected. See link for details.
Governance
Positive
2026-03-31 22:14
Blue Star Limited announced the results of its Postal Ballot. Members approved the re-appointment of Mr B Thiagarajan as MD, appointment of Mr Mohit Sud as Executive Director, and Mr M S Unnikrishnan as Independent Director. All resolutions passed with requisite majority on March 31, 2026.
Financials
Positive
2026-03-26 12:43
Blue Star Limited announced a Board meeting on May 6, 2026, to approve the Q4 and FY26 financial results and consider a final dividend for the year ended March 31, 2026. The trading window will remain closed from April 1 to May 8, 2026.
Business Update
Positive
2026-03-10 14:13
Blue Star Limited announced on March 10, 2026, a new range of 125 Unitary Cooling products, including Room ACs, for Summer 2026. The company also detailed plans to expand manufacturing capacity from 1.4 to 1.8 million units, along with strengthening R&D and distribution networks for future growth.
Governance
Neutral
2026-02-27 19:30
Blue Star Limited issued a Postal Ballot Notice for the re-appointment of Mr B Thiagarajan as Managing Director, appointment of Mr Mohit Sud as Executive Director, and Mr M S Unnikrishnan as an Independent Director. E-voting is from March 2, 2026, to March 31, 2026.
Business Update
Neutral
2026-02-18 15:21
Blue Star Limited scheduled an in-person Analyst/Institutional Investor Meeting for February 23, 2026, from 10:00 am to 12:00 noon in Mumbai. The company will meet with a group of analysts/institutional investors, including Kotak Securities, for the 'Chasing Growth 2026' event.