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Blue Star Ltd

(BLUESTARCO)

₹1837.950.12%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Blue Star Ltd Analyst Rating

based on 18 analysts

BUY

63.16%

Buy

31.58%

Hold

5.26%

Sell

Based on 18 analysts offering long term price targets for Blue Star Ltd. An average target of ₹1889.61

Source: S&P Global Market Intelligence

Blue Star Ltd Share analysis

Blue Star Ltd price forecast by 18 analysts

Upside of2.81%

High

₹2260

Target

₹1889.61

Low

₹1400

Blue Star Ltd target price ₹1889.61, a slight upside of 2.81% compared to current price of ₹1837.95. According to 18 analysts rating.

Source: S&P Global Market Intelligence

Blue Star Ltd Performance

  • Day's Low

    Day's High

    ₹1,815.05
    ₹1,855.95
  • 52 Week's Low

    52 Week's High

    ₹901.55
    ₹2,199.55
1 Month Return-3.27 %
3 Month Return+ 6.63 %
1 Year Return+ 88.15 %
Previous Close₹1,835.80
Open₹1,843.45
Volume1.56L
Upper Circuit-
Lower Circuit-
Market Cap₹37,746.76Cr

Blue Star Ltd Key Statistics

P/E Ratio71.96
PEG Ratio25.38
Market Cap₹37,746.76 Cr
P/B Ratio10.4
EPS20.15
Dividend Yield0.55
SectorConsumer Durables
ROE19.39

Blue Star Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹37,746.76 Cr69.91%0.56₹414 Cr₹9,685 Cr
BUY₹22,098.49 Cr111.21%0.71₹139 Cr₹6,729 Cr
BUY₹11,787.04 Cr7.98%0.52₹225 Cr₹2,855 Cr
BUY₹6,296.61 Cr26.67%0.64₹50 Cr₹5,653 Cr
BUY₹8,688.45 Cr26.28%0.58₹131 Cr₹4,641 Cr

About Blue Star Ltd

Blue Star Ltd is a leading Indian engineering and manufacturing company, founded in 1943. It is headed by Managing Director and CEO B Thiagarajan, who has been with the company since 2006. Blue Star Ltd offers a wide range of products and services, including air conditioning and refrigeration, engineering projects, textile machinery, water purification and treatment, cold chain solutions, and professional electronic equipment.

The company's top products include air conditioning systems, refrigeration equipment, water purifiers, cold chain solutions, and professional electronic equipment. Its popular brands include Blue Star, Carrier, Hitachi, Voltas, and Daikin. Blue Star Ltd has a strong presence in the Indian market, with a network of more than 500 dealers and distributors across the country. The company has also established a strong presence in the international market, with offices in the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, and other countries.

Share Price: ₹1837.95 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹37,746.76Cr as of today
Revenue: ₹2,275.96Cr as on September 2024 (Q3 24)
Net Profit: ₹96.06Cr as on September 2024 (Q3 24)
Listing date: 09 Jan, 1995
Chairperson Name: Shailesh Haribhakti
OrganisationBlue Star Ltd
Headquarters
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for Blue Star Ltd

  • Blue Star Reports Strong Growth in AC Segment - 22 Nov, 2024

    Blue Star's room AC sales surged 30% during the festive season, driven by stable pricing and consumer financing. The company aims for a 15% market share and anticipates over 25% growth in FY25. With a significant order book and an 87% rise in shares over the past year, Blue Star is optimistic despite expected competition.

  • Jefferies Boosts Blue Star Target, Shares Surge - 08 Nov, 2024

    Jefferies has maintained a Buy rating on Blue Star, raising the target price to ₹2,040, driven by strong growth in the Electro-Mechanical Projects and Room Air Conditioner segments. The stock surged 3% following this announcement.

  • Blue Star Reports Profit Growth Amid Stock Decline - 07 Nov, 2024

    Blue Star Ltd reported a 35.73% rise in net profit to ₹96.06 crore for Q2 FY25, with revenue up 20.39%. However, the stock fell over 6% due to sequential declines in profit and revenue. Overall, the market reacted negatively despite strong year-on-year growth.

  • Blue Star Reports Q2 Earnings Miss Despite Profit Growth - 06 Nov, 2024

    Blue Star Ltd reported a 36% increase in Q2 profit to ₹961.9 million, but fell short of estimates due to weak sales in refrigeration appliances. Overall revenue grew to ₹22.76 billion, driven by strong performance in commercial air conditioning systems. The company remains optimistic about future growth despite current challenges.

Insights on Blue Star Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 17.05% to 18.06% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, BLUESTARCO stock has moved up by 88.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Apar Industries Ltd has given 1286.8% return, outperforming this stock by 1029.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Voltas Ltd has given 98.0% return, outperforming this stock by 9.9%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 168.84 Cr → 96.19 Cr (in ₹), with an average decrease of 43.0% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 3.34K Cr → 2.29K Cr (in ₹), with an average decrease of 17.1% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 22.86% to 22.63% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 36.52% to 36.46% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 21.60% to 20.78% in Sep 2024 quarter

Blue Star Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,890.40Cr (-)₹2,241.19Cr (↑18.56%)₹3,327.77Cr (↑48.48%)₹2,865.37Cr (↓13.90%)₹2,275.96Cr (↓20.57%)
Net Income₹70.77Cr (-)₹100.46Cr (↑41.95%)₹159.71Cr (↑58.98%)₹168.76Cr (↑5.67%)₹96.06Cr (↓43.08%)
Net Profit Margin3.74% (-)4.48% (↑19.79%)4.80% (↑7.14%)5.89% (↑22.71%)4.22% (↓28.35%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,494.45Cr (-)₹4,053.83Cr (↑16.01%)₹4,879.12Cr (↑20.36%)₹6,220.11Cr (↑27.48%)
Total Liabilities₹2,575.36Cr (-)₹3,045.52Cr (↑18.26%)₹3,600.69Cr (↑18.23%)₹3,708.62Cr (↑3.00%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹392.02Cr (-)₹308.35Cr (↓21.34%)₹58.80Cr (↓80.93%)₹303.96Cr (↑416.94%)₹246.83Cr (↓18.80%)

Index Inclusions

S&P BSE Consumer Durables

₹62,030.71

2.17 (1316.15%)

S&P BSE 400 MidSmallCap

₹11,760.86

1.18 (137.44%)

S&P BSE SmallCap Select

₹7,835.84

0.91 (70.77%)

Nifty Smallcap 50

₹8,589.70

0.9 (76.2%)

Nifty Consumer Durables

₹39,775.20

1.96 (763.75%)

Nifty MidSmallcap 400

₹19,196.45

1.09 (206.7%)

Nifty Smallcap 250

₹16,912.30

0.98 (164.45%)

BSE 500

₹35,009.77

1.89 (648.36%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹6,797.77

0.93 (62.78%)

Nifty 500

₹22,225.55

1.85 (404.7%)

Nifty Small 100

₹17,755.55

0.9 (158.95%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

Blue Star Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
36.46%
-0.17
Foreign Institutions
18.06%
5.94
Mutual Funds
20.78%
-3.81
Retail Investors
22.63%
-1.01
Others
2.07%
5.35

Blue Star Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)7.315.238.7320.8120.15
Details20202021202220232024
Return On Equity %13.354.5713.2621.6519.39
Details20202021202220232024
Return On Assets %4.32.874.148.216.67
Details20202021202220232024
Book Value Per Share (₹)40.6245.9652.8469.09126.95

Blue Star Ltd Valuation

Blue Star Ltd in the last 5 years

  • Overview

  • Trends

Lowest (21.14x)

March 30, 2020

Industry (-179.81x)

November 22, 2024

Today (71.96x)

November 22, 2024

Highest (330.04x)

December 4, 2020

LowHigh

Blue Star Ltd Earnings and Dividends

  • Blue Star Ltd Earnings Results

    Blue Star Ltd’s net profit jumped 36.11% since last year same period to ₹96.19Cr in the Q2 2024-2025. On a quarterly growth basis, Blue Star Ltd has generated -43.03% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Blue Star Ltd Dividends May,2024

    In the quarter ending March 2024, Blue Star Ltd has declared dividend of ₹7 - translating a dividend yield of 1.03%.

    Read More about Dividends

Blue Star Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Blue Star Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Blue Star Ltd (BLUESTARCO) share price today is ₹1837.95

Blue Star Ltd is listed on NSE

Blue Star Ltd is listed on BSE

  • Today’s highest price of Blue Star Ltd is ₹1855.95.
  • Today’s lowest price of Blue Star Ltd is ₹1815.05.

PE Ratio of Blue Star Ltd is 71.96

PE ratio = Blue Star Ltd Market price per share / Blue Star Ltd Earnings per share

Today’s traded volume of Blue Star Ltd(BLUESTARCO) is 1.56L.

Today’s market capitalisation of Blue Star Ltd(BLUESTARCO) is ₹37746.76Cr.

Blue Star Ltd(BLUESTARCOPrice
52 Week High
₹2199.55
52 Week Low
₹901.55

Blue Star Ltd(BLUESTARCO) share price is ₹1837.95. It is down -16.44% from its 52 Week High price of ₹2199.55

Blue Star Ltd(BLUESTARCO) share price is ₹1837.95. It is up 103.87% from its 52 Week Low price of ₹901.55

Blue Star Ltd(BLUESTARCOReturns
1 Day Returns
2.15%
1 Month Returns
-3.27%
3 Month Returns
6.63%
1 Year Returns
88.15%