Blue Star Ltd.

NSE: BLUESTARCO · Consumer Durables

₹1,575.00+0.19%06 Nov 2026

Ask the data

Instant answers about Blue Star Ltd. — computed from its filings, no language model

Market cap₹32,382 cr

Current price₹1,575.00

High / Low₹2,017 / ₹1,445

P/E60.6

P/B9.29

Book value₹169.6

ROE15.3%

ROCE19.4%

Debt / equity0.14

Dividend yield0.57%

EPS (TTM)₹25.98

Face value₹2

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	4,750	5,235	5,360	4,264	6,046	7,977	9,685	11,968	12,402
EBITDA	276	347	283	240	346	493	665	876	930
Operating margin	5.8%	6.6%	5.3%	5.6%	5.7%	6.2%	6.9%	7.3%	7.5%
Interest	29	48	29	65	46	55	58	49	72
Depreciation	64	75	88	92	86	85	98	128	179
Profit before tax	206	251	206	145	250	555	557	786	703
Tax	55	42	65	47	83	155	143	194	176
Net profit	0	190	144	0	168	400	414	591	528
EPS ₹	15.58	19.75	14.87	10.42	17.44	41.60	20.77	28.76	25.65
Operating cash flow	—	—	—	—	92	247	289	688	154
Capex	—	—	—	—	218	360	441	372	329
Dividend paid	—	—	—	—	39	96	116	144	185
Total assets	2,659	3,351	3,439	3,549	4,313	5,399	6,618	8,258	8,576
Equity	890	873	782	885	1,018	1,331	2,610	3,065	3,431

Quarterly performance

last 35 quarters · ₹ crore

showing latest 8 of 35 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,476	1,508	1,032	1,099	1,596	1,575	1,249	1,236	1,299	626	902	1,124	1,612	1,052	1,240	1,506	2,248	1,970	1,576	1,788	2,624	2,226	1,890	2,241	3,328	2,865	2,276	2,807	4,019	2,982	2,422	2,925	4,072	3,378	2,931
Operating profit	90	137	58	42	109	115	74	57	37	1	55	82	102	42	71	91	143	123	86	105	179	145	123	155	242	238	149	209	279	200	183	221	326	175	203
Operating margin	6.1%	9.1%	5.6%	3.9%	6.9%	7.3%	5.9%	4.6%	2.9%	0.2%	6.1%	7.3%	6.3%	4.0%	5.7%	6.0%	6.4%	6.3%	5.4%	5.9%	6.8%	6.5%	6.5%	6.9%	7.3%	8.3%	6.6%	7.5%	7.0%	6.7%	7.6%	7.5%	8.0%	5.2%	6.9%
Other income	4	3	5	10	6	22	11	6	6	9	6	8	40	8	8	13	6	11	9	5	7	9	13	13	12	24	19	9	24	16	10	12	24	21	16
Interest	11	12	12	13	11	8	7	8	7	19	18	15	13	11	11	12	13	11	12	14	18	18	18	10	12	8	6	16	19	10	17	22	23	13	17
Depreciation	18	16	17	18	24	20	22	22	24	21	21	26	25	20	20	22	23	22	24	16	23	23	23	23	28	28	30	35	35	41	43	46	48	57	68
Profit before tax	70	127	32	14	78	108	54	32	12	-29	22	49	103	19	47	70	113	101	58	80	316	114	95	134	214	226	131	180	249	165	133	108	296	135	157
Tax	19	32	8	1	1	33	17	12	4	-10	7	13	36	7	16	23	38	26	15	22	92	30	24	34	54	57	35	47	55	42	33	27	73	32	33
Net profit	0	0	0	0	80	77	0	0	9	0	0	0	0	0	31	48	76	74	43	58	225	83	71	100	160	169	96	133	194	121	99	81	227	102	124
EPS ₹	5.33	9.53	2.03	-0.10	8.29	7.98	3.94	2.03	0.92	-2.04	1.59	3.81	7.06	1.32	3.27	4.94	7.92	7.72	4.43	6.06	23.39	4.33	3.65	4.89	7.77	8.21	4.67	6.44	9.44	5.88	4.80	3.92	11.05	4.99	6.03
Revenue YoY	—	—	—	—	8.1%	4.5%	21.0%	12.5%	-18.6%	-60.3%	-27.8%	-9.1%	24.0%	68.1%	37.4%	34.0%	39.5%	87.3%	27.1%	18.7%	16.7%	13.0%	19.9%	25.3%	26.8%	28.7%	20.4%	25.3%	20.8%	4.1%	6.4%	4.2%	1.3%	13.3%	21.0%
Profit YoY	—	—	—	—	—	—	—	—	-88.8%	-100.0%	—	—	-100.0%	—	—	—	—	—	35.7%	23.0%	195.8%	12.3%	66.1%	71.9%	-29.1%	102.6%	36.1%	32.1%	21.2%	-28.4%	2.9%	-39.2%	17.3%	-15.3%	25.2%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Blue Star Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 9 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	2,569	2,574	2,889	2,713	2,767	2,770	3,080	3,414	4,154
Operating profit	273	296	278	1	99	106	145	178	206
Operating margin	10.6%	11.5%	9.6%	0.0%	3.6%	3.8%	4.7%	5.2%	5.0%
Other income	5	7	5	12	36	55	24	9	27
Interest	14	5	24	70	50	50	43	36	31
Depreciation	26	35	32	31	33	35	39	51	55
Profit before tax	238	277	227	-88	53	76	143	130	148
Tax	58	65	72	1	1	0	-10	21	36
Net profit	180	211	155	-89	52	76	153	110	112

Quarters

showing latest 8 of 42 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	548	515	708	631	647	567	725	540	564	596	875	665	695	613	916	705	605	590	814	731	579	599	858	771	585	546	869	845	638	591	1,005	909	717	686	1,103	1,173	834	838	1,309	1,400	765	902
Operating profit	68	56	72	57	69	52	94	62	65	56	112	61	67	47	103	28	14	-3	-37	34	20	25	20	38	23	15	30	53	21	2	69	66	27	28	57	76	35	27	68	77	42	48
Operating margin	12.5%	10.8%	10.2%	9.0%	10.7%	9.2%	13.0%	11.6%	11.5%	9.5%	12.8%	9.2%	9.7%	7.7%	11.2%	3.9%	2.3%	-0.5%	-4.6%	4.6%	3.5%	4.2%	2.3%	5.0%	3.9%	2.7%	3.4%	6.3%	3.2%	0.4%	6.9%	7.2%	3.8%	4.1%	5.2%	6.5%	4.2%	3.2%	5.2%	5.5%	5.5%	5.4%
Other income	1	0	36	2	1	0	2	0	3	0	3	0	2	0	3	0	1	1	10	7	6	2	21	4	6	9	35	4	8	9	4	0	2	1	5	10	9	4	3	5	3	2
Interest	2	2	2	2	4	5	2	0	1	1	2	2	5	8	10	8	31	22	9	13	11	14	12	12	13	13	13	11	11	11	11	8	9	9	9	7	7	6	10	3	4	6
Depreciation	5	6	6	6	6	7	7	8	9	9	9	8	8	8	8	7	8	8	8	7	8	8	9	8	8	9	9	9	9	10	10	9	12	11	19	12	13	14	15	13	15	16
Profit before tax	62	49	100	51	60	40	88	54	64	56	103	52	56	31	87	13	-24	-33	-45	21	7	5	19	23	8	3	43	36	9	8	89	49	-8	7	82	67	24	11	46	65	26	41
Tax	16	13	30	15	15	8	21	13	14	13	24	15	17	9	31	3	-3	0	1	0	0	0	1	0	0	0	0	5	0	2	-17	10	-2	2	11	14	7	2	13	18	8	9
Net profit	46	35	70	36	45	32	67	41	49	42	79	37	39	22	57	10	-21	-33	-45	21	7	5	19	23	8	3	43	31	9	6	106	39	-6	5	72	53	17	9	33	47	18	32
EPS ₹	5.11	3.94	7.82	4.05	5.00	3.58	7.42	4.58	5.50	4.71	8.73	4.13	4.29	2.49	6.32	1.09	-2.31	-3.64	-9.91	2.28	0.81	0.60	2.06	2.53	0.84	0.31	4.76	3.45	1.01	0.70	11.80	4.34	-0.64	0.53	7.52	5.55	1.78	0.99	3.41	4.90	1.86	3.34
Revenue YoY	—	—	—	—	18.0%	10.1%	2.3%	-14.4%	-12.8%	5.1%	20.7%	23.2%	23.3%	3.0%	4.7%	6.0%	-13.0%	-3.9%	-11.1%	3.8%	-4.3%	1.5%	5.5%	5.4%	1.1%	-8.8%	1.2%	9.7%	9.1%	8.2%	15.7%	7.5%	12.3%	16.1%	9.8%	29.1%	16.4%	22.1%	18.7%	19.3%	-8.3%	7.7%
Profit YoY	—	—	—	—	-2.2%	-9.2%	-5.1%	13.0%	10.0%	31.5%	17.7%	-9.8%	-21.9%	-47.2%	-27.6%	-73.6%	-153.8%	-246.5%	-179.8%	109.8%	—	—	—	10.9%	3.4%	-47.7%	130.7%	36.2%	20.3%	124.2%	148.1%	25.9%	-164.0%	-23.8%	-32.4%	35.7%	—	96.5%	-54.6%	-11.5%	6.1%	239.4%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 32 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	0.0%	9.2%	18.0%	18.0%	18.0%	11.0%	1.1%	1.1%	1.1%	0.0%	0.0%	3.5%	8.9%	15.2%	22.5%	23.0%	24.0%	30.1%	30.8%	18.6%	20.4%	15.9%	19.1%	19.2%	20.4%	19.3%	17.7%	17.6%	15.9%	15.4%	14.8%	15.3%
ROCE	28.0%	24.6%	22.7%	24.1%	25.1%	19.1%	8.8%	7.1%	9.1%	15.7%	18.7%	20.1%	21.4%	19.8%	25.3%	22.0%	22.7%	31.9%	33.0%	21.4%	23.0%	22.1%	25.8%	24.9%	26.6%	25.6%	23.8%	19.9%	18.3%	19.1%	18.4%	19.4%
Net margin	0.0%	1.5%	3.0%	2.8%	2.8%	1.6%	0.2%	0.2%	0.2%	0.0%	0.0%	0.6%	1.5%	2.6%	3.3%	3.3%	3.3%	5.0%	5.0%	5.1%	5.3%	4.3%	4.8%	4.9%	4.9%	4.9%	4.5%	4.5%	4.0%	4.3%	4.0%	4.0%
EBITDA margin	6.4%	6.6%	6.1%	6.2%	6.3%	5.3%	3.8%	3.7%	4.4%	5.6%	6.0%	5.9%	5.6%	5.7%	6.1%	6.1%	6.0%	6.2%	6.3%	6.5%	6.7%	6.9%	7.3%	7.3%	7.4%	7.3%	6.9%	7.1%	7.2%	7.5%	7.1%	6.9%
Debt / equity	0.17	0.39	0.39	0.39	0.39	0.57	0.57	0.57	0.57	0.51	0.51	0.51	0.51	0.47	0.47	0.69	0.69	0.43	0.43	0.34	0.34	0.06	0.06	0.09	0.09	0.07	0.07	0.27	0.27	0.18	0.18	0.14
Interest coverage	6.11	6.25	6.27	7.50	9.10	7.99	2.72	1.73	1.93	3.24	4.41	5.35	6.12	6.38	8.16	8.24	8.11	11.15	10.14	9.94	11.30	10.58	15.02	20.30	18.78	17.11	15.15	12.78	10.66	10.74	9.91	10.22
Asset turnover	1.92	1.56	1.58	1.65	1.69	1.56	1.28	1.18	1.15	1.20	1.32	1.42	1.52	1.40	1.61	1.65	1.72	1.47	1.52	1.41	1.48	1.46	1.56	1.66	1.74	1.45	1.46	1.55	1.56	1.45	1.49	1.57

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 18 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	18	18	18	19	19	19	19	19	19	19	19	41	41	41	41	41	41	41
Other equity / reserves	443	438	612	738	871	854	763	866	998	1,026	1,311	2,311	2,569	2,692	3,024	3,070	3,390	3,446
Total equity	461	456	630	757	890	873	782	885	1,018	1,045	1,331	2,352	2,610	2,733	3,065	3,112	3,431	3,487
Borrowings	494	397	363	216	149	345	449	455	478	725	578	791	167	247	199	846	627	484
Current liabilities	1,852	1,688	1,860	1,856	1,754	2,449	2,546	2,261	2,969	3,082	3,784	3,430	3,880	3,560	4,944	4,548	4,866	4,651
Non-current liabilities	6	32	33	35	15	27	109	400	323	280	281	267	126	175	245	239	276	346
Total assets	2,336	2,175	2,525	2,650	2,659	3,351	3,439	3,549	4,313	4,411	5,399	6,053	6,618	6,471	8,258	7,901	8,576	8,486
Property, plant & equipment	236	235	—	—	216	281	274	269	306	413	706	797	980	1,106	1,234	1,298	1,361	1,652
Capital work-in-progress	1	2	6	22	22	31	56	68	145	195	61	141	108	47	73	60	65	73
Investments	33	36	168	11	215	15	17	295	162	150	148	669	467	242	432	360	457	548
Inventories	466	479	535	596	718	869	870	882	1,144	1,201	1,433	1,355	1,407	1,714	2,149	2,429	2,166	2,275
Receivables	833	795	791	939	685	1,112	838	811	1,190	1,031	1,549	1,245	1,953	1,381	1,959	1,439	2,140	1,675
Cash & equivalents	68	44	—	—	74	84	286	328	266	199	243	425	374	210	426	87	367	181

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 11 periods

	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	257	159	-29	258	450	350	92	247	289	688	154
Cash from investing	-65	69	-66	-65	-81	-240	-69	-182	-525	-464	-359
Cash from financing	-195	-203	73	-181	-167	-70	-87	-91	365	-162	137
Capex	53	107	86	108	86	64	218	360	441	372	329
Free cash flow	204	51	-115	150	364	286	-126	-113	-152	316	-175
Dividends paid	129	2	86	115	230	1	39	96	116	144	185

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹1,652 cr19%

CWIP

₹73 cr1%

Investments

₹548 cr6%

Inventories

₹2,275 cr27%

Receivables

₹1,675 cr20%

Cash & equivalents

₹181 cr2%

Other assets

₹2,082 cr25%

Peer comparison

largest in Consumer Durables · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Titan Company Ltd.	4,43,900	5,000.00	63.1	24.31	38.5%
Asian Paints Ltd.	2,44,212	2,546.00	50.5	11.24	22.3%
LG Electronics India Ltd.	1,19,063	1,754.10	61.9	13.52	21.8%
Dixon Technologies (India) Ltd.	77,202	12,625.00	49.8	13.13	26.4%
Havells India Ltd.	70,793	1,128.00	42.6	7.24	17.0%
Kalyan Jewellers India Ltd.	61,009	590.75	42.5	9.67	22.7%
Berger Paints India Ltd.	55,776	478.35	45.5	7.88	17.3%
Voltas Ltd.	36,355	1,099.00	80.9	5.70	7.0%
Blue Star Ltd.	32,382	1,575.00	60.6	9.29	15.3%
Amber Enterprises India Ltd.	22,582	6,403.00	235.1	5.16	2.2%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+2.9%

6 months-9.9%

1 year-19.9%

3Y CAGR+17.7%

5Y CAGR+25.1%

10Y CAGR+19.3%

50-day avg₹1,536.26

200-day avg₹1,672.59

RSI (14)51

Compare Blue Star Ltd. with

Berger Paints India vs Blue Star Voltas vs Blue Star Blue Star vs Amber Enterprises India Blue Star vs Kajaria Ceramics

FAQs

What is the share price of Blue Star Ltd.?

Blue Star Ltd. (BLUESTARCO) closed at ₹1,575.00 on NSE on 06 Nov 2026.

What is the market cap of Blue Star Ltd.?

₹32,382 crore at the latest close.

What is the P/E ratio of Blue Star Ltd.?

60.6, on trailing-twelve-month earnings from its filings.

How fast is Blue Star Ltd. growing?

Blue Star Ltd.: revenue has compounded at 15.8% a year over three years; net profit at 9.6% a year. Latest-quarter revenue is up 21.0% year on year, profit up 25.2%.

How profitable is Blue Star Ltd.?

On a trailing-twelve-month basis return on equity is 15.3%, return on capital employed 19.4%, operating margin 6.9%, net margin 4.0%.

How much debt does Blue Star Ltd. have?

Blue Star Ltd. is lightly geared: debt to equity is 0.14 with borrowings of ₹484 cr against cash of ₹181 cr (balance sheet of 2026-09-30). Operating profit covers interest 10.2 times.

Financials parsed from Blue Star Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.