Blue Star Ltd (BLUESTARCO)
₹1659.65
Analyst Rating
based on 19 analysts
61.90%
Buy
33.33%
Hold
4.76%
Sell
Based on 19 analysts offering long term price targets for Blue Star Ltd. An average target of ₹1486.95
Source: S&P Global Market Intelligence
Blue Star Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,650.05₹1,700.852 Week's Low
52 Week's High
₹701.7₹1,897.8
| Returns % | |
| 1 Month Return | -0.74 % |
| 3 Month Return | + 16.37 % |
| 1 Year Return | + 114.1 % |
| Market Stats | |
| Previous Close | ₹1,681.35 |
| Open | ₹1,683.75 |
| Volume | 2.05L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹34,571.04Cr |
Key Statistics
| P/E Ratio | 81.46 |
| PEG Ratio | -508.72 |
| Market Cap | ₹34,571.04 Cr |
| P/B Ratio | 10.4 |
| EPS | 20.15 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹34,571.04 Cr | 70.55% | 0.56 | ₹414 Cr | ₹9,685 Cr |
 | BUY | ₹14,169.90 Cr | 84.89% | 0.71 | ₹139 Cr | ₹6,729 Cr |
 | BUY | ₹12,680.41 Cr | 10.41% | 0.52 | ₹254 Cr | ₹2,777 Cr |
 | BUY | ₹6,686.00 Cr | 27.89% | 0.64 | ₹50 Cr | ₹5,653 Cr |
 | BUY | ₹11,163.77 Cr | 28.87% | 0.58 | ₹131 Cr | ₹4,641 Cr |
Company Information
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: ₹1659.65 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹34,571.04Cr as of today
Revenue: ₹3,327.77Cr as on March 2024 (Q1 24)
Net Profit: ₹159.71Cr as on March 2024 (Q1 24)
Listing date: 09 Jan, 1995
Chairperson Name: Shailesh Haribhakti
| Organisation | Blue Star Ltd |
| Headquarters | |
| Industry | Consumer Durables |
| E-voting on shares | Click here to vote |
Key events for Blue Star Ltd
Blue Star Aims to Double Production Amid Optimistic Outlook - 15 Jul, 2024
Blue Star plans to double its AC production at the Sri City plant while expecting the air conditioning industry to double in the next four years. The company's MD advocates for a budget focus on manufacturing, stable import duties, and innovation.
Blue Star Forecasts Exponential Growth in Indian Air-Conditioning Industry - 14 Jul, 2024
Blue Star expects the Indian air-conditioning industry to double in size within four years, with a projected 100% growth rate by 2027. The company has launched a three-year strategic plan aimed at enhancing core capabilities, acquiring new skills, and adopting innovative technologies. Blue Star ended FY24 with a revenue growth of 21.4%, reaching Rs 9,685.36 crores.
Daikin and Blue Star Lead in Best-Selling ACs - 09 Jul, 2024
According to recent reports, Daikin and Blue Star are the leading manufacturers for best-selling air conditioners with a wide range of options for every budget. Their 1.5 ton ACs equipped with an inverter compressor and copper condenser coil are top sellers.
Blue Star Records Surge in Volume and Stock Price - 05 Jul, 2024
Blue Star Ltd's stock price gained 5.87% to reach Rs.1,699.95 on the NSE after recording a 14.24 times surge in trading volume.
Blue Star Ltd faces challenges due to supply chain disruptions and raw material shortages - 23 Jun, 2024
The overall market has grown over 50% compared to last year, causing unexpected growth for most brands. Blue Star Ltd is facing challenges due to shortages of raw materials such as compressors and electronic drives which are imported, along with disruptions in the supply chain logistics and availability of containers.
Voltas and Blue Star Report Strong Growth in Cooling Products Segment - 18 Jun, 2024
Blue Star reported over one million AC sales, while Voltas recorded its highest-ever AC sales of 2 million units. Analysts expect Blue Star to clock a revenue growth of 20% for FY25 with a hold rating on the stock.
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.
POSITIVE IMPACTPromoter Holding Up
Promoters have increased holdings from 36.49% to 36.52% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 1.90K Cr → 3.34K Cr (in ₹), with an average increase of 24.0% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, BLUESTARCO has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 15.93% to 17.05% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 70.67 Cr → 160.54 Cr (in ₹), with an average increase of 33.5% per quarter
- POSITIVE IMPACT
Price Rise
In the last 6 months, BLUESTARCO stock has moved up by 54.7%
NO EFFECTAgainst Peers
In the last 3 years, KEI Industries Ltd has given 483.5% return, outperforming this stock by 185.6%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 22.87% to 21.60% in Jun 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 22.89% to 22.86% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹3,327.77Cr | ↑48.48% |
Net Income | ₹159.71Cr | ↑58.98% |
Net Profit Margin | 4.80% | ↑7.14% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹9,685.36Cr | ↑21.41% |
Net Income | ₹414.31Cr | ↑3.40% |
Net Profit Margin | 4.28% | ↓14.74% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹6,220.11Cr | ↑27.48% |
Total Liabilities | ₹3,708.62Cr | ↑3.00% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹246.83Cr | ↓18.80% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 36.52% | 0.07 | |
| Foreign Institutions | 17.05% | 7.05 | |
| Mutual Funds | 21.6% | ||
| Retail Investors | 22.86% | ||
| Others | 1.96% | 7.64 |
Key Indicators
Blue Star Ltd Valuation
Blue Star Ltd in the last 5 years
Lowest (21.14x)
March 30, 2020
Industry (-333.44x)
July 23, 2024
Today (81.46x)
July 23, 2024
Highest (330.04x)
December 4, 2020
Earnings and Dividends
Blue Star Ltd Earnings Results
Blue Star Ltd’s net profit fell -28.73% since last year same period to ₹160.54Cr in the Q4 2023-2024. On a quarterly growth basis, Blue Star Ltd has generated 59.92% jump in its net profits since last 3-months.
Read More about Earnings ResultsBlue Star Ltd Dividends May,2024
In the quarter ending March 2024, Blue Star Ltd has declared dividend of ₹7 - translating a dividend yield of 1.13%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Blue Star Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Blue Star Ltd (BLUESTARCO) share price today is ₹1659.65
Blue Star Ltd is listed on NSE
Blue Star Ltd is listed on BSE
- Today’s highest price of Blue Star Ltd is ₹1700.8.
- Today’s lowest price of Blue Star Ltd is ₹1650.05.
PE Ratio of Blue Star Ltd is 81.46
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 2.05L.
Today’s market capitalisation of Blue Star Ltd(BLUESTARCO) is ₹34571.04Cr.
| Blue Star Ltd(BLUESTARCO | Price |
|---|---|
52 Week High | ₹1897.8 |
52 Week Low | ₹701.7 |
Blue Star Ltd(BLUESTARCO) share price is ₹1659.65. It is down -12.55% from its 52 Week High price of ₹1897.8
Blue Star Ltd(BLUESTARCO) share price is ₹1659.65. It is up 136.52% from its 52 Week Low price of ₹701.7
| Blue Star Ltd(BLUESTARCO | Returns |
|---|---|
1 Day Returns | -21.7% |
1 Month Returns | -0.74% |
3 Month Returns | 16.37% |
1 Year Returns | 114.1% |