BLUESTARCO
500067Announcement under Regulation 30 (LODR)-Restructuring
Please find enclosed the intimation for execution of Business Transfer Agreement by a Subsidiary of the Company.
Blue Star Ltd is a leading Indian multinational company specializing in air conditioning and commercial refrigeration solutions. Established in 1943 and headquartered in Mumbai, India, the company operates through diverse business segments including cooling and purification appliances, electromechanical projects, packaged air conditioning systems, refrigeration products, water purifiers, and related services. Blue Star has a robust distribution network comprising dealers, retail channels, and service partners, serving both residential and institutional clients across India and select international markets.
Announcement under Regulation 30 (LODR)-Restructuring
Please find enclosed the intimation for execution of Business Transfer Agreement by a Subsidiary of the Company.
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find enclosed.
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please find enclosed.
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Please find enclosed intimation
Investor Update For The First Quarter Ended On June 30, 2026
Please find enclosed
Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed
Shareholder Meeting / Postal Ballot-Outcome of AGM
Please find enclosed outcome of the 78th Annual General Meeting.
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed press release.
Financial Results - Unaudited Financial Statements For The Quarter Ended June 30, 2026
Please find enclosed.
Announcement under Regulation 30 (LODR)-Change in Directorate
Please find enclosed.
Announcement under Regulation 30 (LODR)-Meeting Updates
Outcome of the Board Meeting held on August 6, 2026
Board Meeting Outcome for Outcome Of The Board Meeting Held On August 6, 2026
Outcome of the Board Meeting held on August 6, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find enclosed.
Blue Star Ltd
About
Blue Star Ltd is a leading Indian multinational company specializing in air conditioning and commercial refrigeration solutions. Established in 1943 and headquartered in Mumbai, India, the company operates through diverse business segments including cooling and purification appliances, electromechanical projects, packaged air conditioning systems, refrigeration products, water purifiers, and related services. Blue Star has a robust distribution network comprising dealers, retail channels, and service partners, serving both residential and institutional clients across India and select international markets.
In addition to its strong presence in the consumer durables segment, Blue Star is a trusted partner for turnkey projects in industrial, infrastructure, and commercial domains. The company invests consistently in R&D to introduce energy-efficient and sustainable technologies, while expanding its footprint in fast-growing segments such as water purification, air purification, and cold chain solutions. Its integrated approach covers engineering, manufacturing, sales, installation, and after-sales support, enabling Blue Star to maintain longstanding relationships with enterprise, government, and retail customers.
Business Model & Strategy
Blue Star Ltd generates revenue through the sales, installation, and servicing of air conditioners, refrigeration systems, water purifiers, and allied products for both B2C and B2B segments. The company offers turnkey solutions in electromechanical projects, including HVAC, electrical, plumbing, and fire-fighting systems for commercial complexes, data centers, healthcare, and industrial facilities. Its business model is characterized by backward integration, enabling in-house design and manufacturing.
Key strategies driving growth include expanding its premium room air conditioner portfolio, entering adjacent categories like water and air purifiers, investing in smart and green technologies, and strengthening its service offerings. The company’s international operations, particularly in the Middle East, Africa, and SAARC countries, contribute to diversification. Ongoing investments in R&D and digital transformation also form core pillars for driving operational efficiency and product innovation.
Management Overview
14 MembersMr.Vir S Advani
Executive Director-Chairperson related to Promoter-MDNikhilSohoni
Chief Financial OfficerMr.Thiagarajan Balasubramanian
Executive Director-MDMr.Ponnada Venkata Rao
Executive DirectorMr.Dinesh Nanik Vaswani
Non-Executive - Non Independent DirectorMr.Rajiv Lulla
Non-Executive - Non Independent DirectorMs.Sunaina Murthy
Non-Executive - Non Independent DirectorMr.Sam Baman Balsara
Non-Executive - Independent DirectorMr.Anil Harish
Non-Executive - Independent DirectorMr.Arvind Kumar Singhal
Non-Executive - Independent DirectorMs.Anita Ramachandran
Non-Executive - Independent DirectorMr.Murlidhar Gangadharan
Non-Executive - Independent DirectorMr.Vipin Sondhi
Non-Executive - Independent DirectorMr.Rajesh Parte
Company Secretary & Compliance OfficerAwards & Recognition
5 Awards- Recognized among India’s Most Trusted Brands in consumer electronics (2024, Brand Trust Report)
- Recipient of the Frost & Sullivan 2023 India HVAC Leadership Award
- Consistently ranked in the Top 3 air conditioning brands in India (2023–2024; GfK Retail Audit & Nielsen IQ)
- CDP (Carbon Disclosure Project) India score improved to 'B' for enhanced ESG disclosure in 2024
- Winner, National Energy Conservation Award (2023) for innovation in energy-efficient products
Market Information
Company Timeline
82+ Years of Excellence | 8 Major Milestones
Incorporation of Blue Star Ltd
Public listing on BSE
Expansion into commercial refrigeration
International operations launched in Middle East
Entry into water and air purification appliance segment
Commissioned new manufacturing facility in Sri City, Andhra Pradesh
Secured major HVAC contracts for data center and healthcare projects
Enhanced ESG initiatives and new product launches in green HVAC technologies
The Next Evolution
Contact Information
Registered Office
Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road,
Tel: 022-66654000,
Fax: 022-66654151,
Email: secretarialdesk@bluestarindia.com
Website: bluestarindia.com
Corporate Actions
14| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹8.50 per share | 17 Jul 2026 Friday | 17 Jul 2026 Friday | - | - |
Final Dividend ₹9 per share | 18 Jul 2025 Friday | 18 Jul 2025 Friday | - | - |
Final Dividend ₹7 per share | 19 Jul 2024 Friday | - | 20 Jul 2024 Saturday | 06 Aug 2024 Tuesday |
Final Dividend ₹6 per share | 21 Jul 2023 Friday | 21 Jul 2023 Friday | - | - |
Bonus issue 1:1 | 20 Jun 2023 Tuesday | 20 Jun 2023 Tuesday | - | - |
Final Dividend ₹10 per share | 21 Jul 2022 Thursday | 22 Jul 2022 Friday | - | - |
Final Dividend ₹4 per share | 22 Jul 2021 Thursday | 23 Jul 2021 Friday | - | - |
Interim Dividend ₹10 per share | 19 Mar 2020 Thursday | 20 Mar 2020 Friday | - | - |
Final Dividend ₹10 per share | 01 Aug 2019 Thursday | - | 03 Aug 2019 Saturday | 13 Aug 2019 Tuesday |
Final Dividend ₹8.50 per share | 26 Jul 2018 Thursday | - | 28 Jul 2018 Saturday | 08 Aug 2018 Wednesday |
Special Dividend ₹1.50 per share | 26 Jul 2018 Thursday | - | 28 Jul 2018 Saturday | 08 Aug 2018 Wednesday |
Dividend ₹7.50 per share | 26 Jul 2017 Wednesday | - | 28 Jul 2017 Friday | 04 Aug 2017 Friday |
Interim Dividend ₹6.50 per share | 22 Mar 2016 Tuesday | 23 Mar 2016 Wednesday | - | - |
Dividend ₹5 per share | 10 Jul 2015 Friday | - | 14 Jul 2015 Tuesday | 21 Jul 2015 Tuesday |
₹30,637 Cr.
₹1,487
₹2,040 / 1,450
57.7
₹167
8.93
₹25.84
₹2.00
0.57 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 5,260 | 5,405 | 4,326 | 6,081 | 8,008 | 9,733 | 12,043 | 12,464 | 10,432 |
| Expenses | - | - | - | 5,011 | 5,195 | 4,181 | 5,831 | 7,624 | 9,176 | 11,269 | 11,723 | 9,863 |
| Profit | - | - | - | 190 | 144 | 101 | 168 | 401 | 414 | 591 | 527 | 410 |
| Tax | - | - | - | 42 | 65 | 47 | 83 | 155 | 143 | 194 | 176 | 132 |
| EPS | - | - | - | 20 | 15 | 10 | 17 | 42 | 21 | 29 | 26 | 4.99 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 3,351 | 3,439 | 3,549 | 4,313 | 5,399 | 6,618 | 8,258 | 8,576 | - |
| Equity And Liabilities | - | - | - | 3,351 | 3,439 | 3,549 | 4,313 | 5,399 | 6,618 | 8,258 | 8,576 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 15 May '19 | Mar 2020 28 Apr '20 | Mar 2021 16 Apr '21 | Mar 2022 18 Apr '22 | Mar 2023 14 Apr '23 | Mar 2024 10 Apr '24 | Mar 2025 15 Apr '25 | Mar 2026 30 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 38.76% | 38.76% | 38.76% | 38.78% | 38.78% | 36.49% | 36.47% | 36.49% | - |
| Non Institutions | - | - | - | 30.56% | 29.60% | 28.59% | 26.96% | 25.65% | 22.89% | 23.45% | 21.91% | - |
| FII | - | - | - | - | - | - | - | 10.44% | 15.93% | 16.94% | 13.80% | - |
| DII | - | - | - | - | - | - | - | 25.13% | 24.69% | 23.14% | 27.79% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Blue Star Ltd
Blue Star Ltd
Blue Star Ltd is a leading Indian multinational company specializing in air conditioning and commercial refrigeration solutions. Established in 1943 and headquartered in Mumbai, India, the company operates through diverse business segments including cooling and purification appliances, electromechanical projects, packaged air conditioning systems, refrigeration products, water purifiers, and related services. Blue Star has a robust distribution network comprising dealers, retail channels, and service partners, serving both residential and institutional clients across India and select international markets.
In addition to its strong presence in the consumer durables segment, Blue Star is a trusted partner for turnkey projects in industrial, infrastructure, and commercial domains. The company invests consistently in R&D to introduce energy-efficient and sustainable technologies, while expanding its footprint in fast-growing segments such as water purification, air purification, and cold chain solutions. Its integrated approach covers engineering, manufacturing, sales, installation, and after-sales support, enabling Blue Star to maintain longstanding relationships with enterprise, government, and retail customers.
Blue Star Ltd generates revenue through the sales, installation, and servicing of air conditioners, refrigeration systems, water purifiers, and allied products for both B2C and B2B segments. The company offers turnkey solutions in electromechanical projects, including HVAC, electrical, plumbing, and fire-fighting systems for commercial complexes, data centers, healthcare, and industrial facilities. Its business model is characterized by backward integration, enabling in-house design and manufacturing.
Key strategies driving growth include expanding its premium room air conditioner portfolio, entering adjacent categories like water and air purifiers, investing in smart and green technologies, and strengthening its service offerings. The company’s international operations, particularly in the Middle East, Africa, and SAARC countries, contribute to diversification. Ongoing investments in R&D and digital transformation also form core pillars for driving operational efficiency and product innovation.
Recognized among India’s Most Trusted Brands in consumer electronics (2024, Brand Trust Report)
Recipient of the Frost & Sullivan 2023 India HVAC Leadership Award
Consistently ranked in the Top 3 air conditioning brands in India (2023–2024; GfK Retail Audit & Nielsen IQ)
CDP (Carbon Disclosure Project) India score improved to 'B' for enhanced ESG disclosure in 2024
Winner, National Energy Conservation Award (2023) for innovation in energy-efficient products
Incorporation of Blue Star Ltd
Public listing on BSE
Expansion into commercial refrigeration
International operations launched in Middle East
Entry into water and air purification appliance segment
Commissioned new manufacturing facility in Sri City, Andhra Pradesh
Secured major HVAC contracts for data center and healthcare projects
Enhanced ESG initiatives and new product launches in green HVAC technologies
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon