Blue Star Limited

rs,

May 8, 2025 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G

2 million

solution provider Commenced operations in 1943 80+ years of operations in India Maintains c. 2 million Maintains c. 2 million tonnes of air conditioning tonnes of air conditioning and refrigeration

₹6,053 crore

in Ducted System, strong position in VRF and Chiller categories ❑ Carried-forward order book at ₹6,053 crores as of March 31, 2025, growth of 11% Unitary Products Room Air Conditioner: • Business contin

11%

Chiller categories ❑ Carried-forward order book at ₹6,053 crores as of March 31, 2025, growth of 11% Unitary Products Room Air Conditioner: • Business continued with growth momentum in Q4 FY25

Rs,

gs across categories. Commercial Refrigeration: • Growth driven by sectors including Ice Cream, QSRs, HoReCa, Quick Commerce, Food Retail, and Healthcare. • We continue to lead in major product offe

21%

nalizations. Financial Highlights– Q4 & FY25 Financial Highlights – Q4FY25 Revenue (₹ cr) ↑ by 21% EBITDA (₹ cr) ↑ by 16% 3328 4019 Q4FY24 Q4FY25 Profit before tax and exceptional items (₹ c

16%

Highlights– Q4 & FY25 Financial Highlights – Q4FY25 Revenue (₹ cr) ↑ by 21% EBITDA (₹ cr) ↑ by 16% 3328 4019 Q4FY24 Q4FY25 Profit before tax and exceptional items (₹ cr) ↑ by 17% 249 214 7

17%

(₹ cr) ↑ by 16% 3328 4019 Q4FY24 Q4FY25 Profit before tax and exceptional items (₹ cr) ↑ by 17% 249 214 7.3% 242 Q4FY24 7.0% 279 Q4FY25 Earnings per share (EPS)* (₹) 7.77 9.44 Q4FY24

7.3%

% 3328 4019 Q4FY24 Q4FY25 Profit before tax and exceptional items (₹ cr) ↑ by 17% 249 214 7.3% 242 Q4FY24 7.0% 279 Q4FY25 Earnings per share (EPS)* (₹) 7.77 9.44 Q4FY24 Q4FY25 Q4FY24

7.0%

24 Q4FY25 Profit before tax and exceptional items (₹ cr) ↑ by 17% 249 214 7.3% 242 Q4FY24 7.0% 279 Q4FY25 Earnings per share (EPS)* (₹) 7.77 9.44 Q4FY24 Q4FY25 Q4FY24 Q4FY25 *Not Annu

24%

Q4FY24 Q4FY25 Q4FY24 Q4FY25 *Not Annualized Financial Highlights – FY25 Revenue (₹ cr) ↑ by 24% EBITDA (₹ cr) ↑ by 32% 9685 11968 FY24 FY25 6.9% 665 FY24 7.3% 876 FY25 Profit before

32%

Q4FY25 *Not Annualized Financial Highlights – FY25 Revenue (₹ cr) ↑ by 24% EBITDA (₹ cr) ↑ by 32% 9685 11968 FY24 FY25 6.9% 665 FY24 7.3% 876 FY25 Profit before tax and exceptional items

“• Business continued with growth momentum in Q4 FY25 in anticipation of robust summer season demand strong • New comprehensive product lineup, including premium and Smart Wi-Fi models, launched to capture a wider consumer base and strengthen product offerings across categories.”

“EBIT Margin: Reduced to 8.5% from 13.6% Key customers: Healthcare, Automotive, Aerospace, Steel, BFSI (Banking, Financial Services and Insurance) Balance Sheet Position – FY25 Net Cash Position (₹ cr) Debt Equity Ratio 640 456 0.07 0.06 FY24 FY25 FY24 FY25 Company maintains its strong and sustained balance sheet position in FY25 as well.”

Room Air Conditioner

1

Commercial Refrigeration

1

Room Air Conditioner

• Business continued with growth momentum in Q4 FY25 in anticipation of robust summer season demand strong • New comprehensive product lineup, including premium and Smart Wi-Fi models, launched to capture a wider consumer base and strengthen product offerings across categories.

Commercial Refrigeration

• Growth driven by sectors including Ice Cream, QSRs, HoReCa, Quick Commerce, Food Retail, and Healthcare. • We continue to lead in major product offerings with our sustainable and energy- efficient refrigeration solutions. Professional Equipment and Industrial Solutions ❑ Industrial Solutioning business continued to demonstrate steady momentum driven by growth in manufacturing sector and rising production quality standards. ❑ The Med-Tech and Data Security business continues to experience headwinds, with delay in order finalizations. Financial Highlights– Q4 & FY25 Financial Highlights – Q4FY25 Revenue (₹ cr) ↑ by 21% EBITDA (₹ cr) ↑ by 16% 3328 4019 Q4FY24 Q4FY25 Profit before tax and exceptional items (₹ cr) ↑ by 17% 249 214 7.3% 242 Q4FY24 7.0% 279 Q4FY25 Earnings per share (EPS)* (₹) 7.77 9.44 Q4FY24 Q4FY25 Q4FY24 Q4FY25 *Not Annualized Financial Highlights – FY25 Revenue (₹ cr) ↑ by 24% EBITDA (₹ cr) ↑ by 32% 9685 11968 FY24 FY25 6.9% 665 FY24 7.3% 876 FY25 Profit before tax and