Blue Star Limited
Blue Star Limited operates in Household Appliances, part of the Consumer Durables sector. It booked ₹2,931 cr of revenue in its latest quarter (Q2 FY27) and kept 4.2% of sales as profit. It is the 3rd largest of 9 Household Appliances companies we track, by market value.
| Segment | FY25 | FY26 | Share |
|---|---|---|---|
| Electro - mechanical projects and commercial air conditioning systems | 5,998 | 6,763 | 50% → 55% |
| Unitary products | 5,621 | 5,332 | 47% → 43% |
| Professional electronics and industrial systems | 349 | 307 | 3% → 2% |
| Total | 11,968 | 12,402 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“Dear Stakeholders, I am pleased to present the Annual Report of transforming Blue Star into a ₹20000 crore Blue Star Limited for FY26. enterprise in the near future. Over the past few years, Blue Star has been on a robust FINANCIAL PERFORMANCE growth trajectory while steadily strengthening its In an environment marked by demand volatility foundation.”
Healthier than 41% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 29–45 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 51
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in BLUESTARCO?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,931 cr |
| Other Income | ₹16 cr |
| Total Income | ₹2,947 cr |
| Cost of Materials | ₹2,068 cr |
| Purchases of Stock-in-Trade | ₹127 cr |
| Inventory Change (±) | ₹22 cr |
| Employee Benefit Expense | ₹252 cr |
| Finance Costs | ₹17 cr |
| Depreciation & Amortisation | ₹68 cr |
| Other Expenses | ₹260 cr |
| Total Expenses | ₹2,813 cr |
| Exceptional Items | ₹23 cr |
| Profit before Tax | ₹157 cr |
| Tax Expense | ₹33 cr |
| Share of JV / Associates | ₹67 L |
| Net Profit | ₹124 cr |
| Net margin on total income | 4.2% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 4,072 cr | 3,378 cr | 2,931 cr |
| Total income | 4,096 cr | 3,399 cr | 2,947 cr |
| Expenses | 3,817 cr | 3,273 cr | 2,813 cr |
| Profit before tax | 296 cr | 135 cr | 157 cr |
| Tax | 73 cr | 32 cr | 33 cr |
| Net profit (owners' share) | 227 cr | 103 cr | 124 cr |
| Net margin (owners' share, on revenue) | 5.6% | 3.0% | 4.2% |
| EPS (₹) | 11.05 | 4.99 | 6.03 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| LG Electronics India Limited | ₹1,690 | ₹1.15 L cr | 43.9 | 34.1% | 9.0% | — |
| Voltas Limited | ₹1,046 | ₹34,602 cr | 40.5 | 13.4% | 4.6% | — |
| Blue Star Limitedthis company | ₹1,573 | ₹32,331 cr | 65.2 | 14.2% | 4.2% | — |
| Crompton Greaves Consumer Electricals Limited | ₹198 | ₹12,749 cr | 26.8 | 15.7% | 5.3% | — |
| V-Guard Industries Limited | ₹287 | ₹12,543 cr | 28.3 | 17.4% | 6.0% | — |
| Whirlpool of India Limited | ₹815 | ₹10,340 cr | 25.1 | 9.9% | 3.8% | — |
| TTK Prestige Limited | ₹522 | ₹7,147 cr | 30.1 | 12.0% | 7.3% | — |
| Eureka Forbes Limited | ₹342 | ₹6,627 cr | 22.5 | 6.2% | 8.3% | — |
| BOSCH HOME COMFORT INDIA LIMITED | ₹1,715 | ₹4,664 cr | — | -34.6% | -8.8% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹8.5 / share | 17 Jul 2026 |
| Dividend | ₹9 / share | 18 Jul 2025 |
| Dividend | ₹7 / share | 19 Jul 2024 |
| Dividend | ₹6 / share | 21 Jul 2023 |
| Bonus issue | 1:1 | 20 Jun 2023 |
| Dividend | ₹10 / share | 21 Jul 2022 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 19 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.