BLUESTARCONSEQ1FY26August 7, 2025

Blue Star Limited

1,403words
4turns
0analyst exchanges
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Key numbers — 10 extracted
rs,
August 7, 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
ion provider Commenced operations in 1943, with c. 80 years of operations in India Maintains c. 2 million tonnes of air conditioning and refrigeration equipment Key end-markets, including Residential,
rs1
rengthen presence in USA, Europe 7 manufacturing facilities in India1 with ~ 4000 Channel Partners1 R&D Manufacturing Trading EPC Contractor After-sales Integrated Business Model Strong governan
₹5,080 crore
rong position in VRF and Chiller categories. Carried-forward order book of this segment stands at ₹5,080 crores as on June 30, 2025 (growth of 11.5%). Segment 2 - Unitary Products Room Air Conditioner: • A c
11.5%
Carried-forward order book of this segment stands at ₹5,080 crores as on June 30, 2025 (growth of 11.5%). Segment 2 - Unitary Products Room Air Conditioner: • A comprehensive product portfolio tailored
8.3%
cial Highlights– Q1 FY26 Financial Highlights – Q1FY26 Revenue (₹ cr) EBITDA (₹ cr) 2865 2982 8.3% 238 6.7% 200 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Profit before tax (bei) (₹ cr) Earnings per share
6.7%
ghts– Q1 FY26 Financial Highlights – Q1FY26 Revenue (₹ cr) EBITDA (₹ cr) 2865 2982 8.3% 238 6.7% 200 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Profit before tax (bei) (₹ cr) Earnings per share (EPS)* (₹)
4.69 MW
Zero Energy Platinum (Mumbai RHO), GreenCo certification in progress. Sustainable Manufacturing 4.69 MWp solar system supplies ~15% of energy. All plants are Zero Liquid Discharge (ZLD) compliant. Use
15%
HO), GreenCo certification in progress. Sustainable Manufacturing 4.69 MWp solar system supplies ~15% of energy. All plants are Zero Liquid Discharge (ZLD) compliant. Use of BLDC / IE motors, natura
10.4%
compliance, product refurbishment (MRI, AC&R), PCB reuse, green warehouses. Diversity & Inclusion 10.4% of female representation in management; active DE&I policy. Skill Development Vocational training
Risks & concerns — 3 flagged
Integrated Governance, Risk & Compliance (GRC) policy based on COSO 2017.
Commercial Refrigeration
High Disclosure Standards Strong internal controls, Enterprise Risk Management, and ethical transparency.
Commercial Refrigeration
Integrated Vigilance Control Framework Integrated vigil mechanism and industry- leading practices in Enterprise Risk Management, Related Party Transactions, and Internal Financial Controls.
Commercial Refrigeration
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Speaking time
Electro-Mechanical Projects
1
Commercial Air Conditioning Systems
1
Room Air Conditioner
1
Commercial Refrigeration
1
Opening remarks
Electro-Mechanical Projects
finalizations order ❑ Strong by continued demand from the Factories and Data Center sectors. driven ❑ Muted demand from Railway Electrification and Metro Railway sectors.
Commercial Air Conditioning Systems
❑ Growth led by resilient demand from Manufacturing & Education sectors. ❑ Leadership in Ducted System, strong position in VRF and Chiller categories. Carried-forward order book of this segment stands at ₹5,080 crores as on June 30, 2025 (growth of 11.5%). Segment 2 - Unitary Products
Room Air Conditioner
• A comprehensive product portfolio tailored to diverse consumer preferences and price points, enabling the Company to capture broad-based demand. • During the current quarter, business has experienced unexpected headwinds due to the early onset of monsoon across India, making this an unusually soft summer season.
Commercial Refrigeration
• Delivered strong growth, by sustained demand from the Processed Food and Healthcare segments. fueled • We continue to lead in major product offerings with our sustainable and energy- efficient refrigeration solutions. Segment 3 - Professional Equipment and Industrial Solutions ❑ The MedTech business was impacted by regulatory uncertainty, with the Government temporarily halting imports of refurbished medical devices. ❑ Industrial Solutioning business continues to grow steadily, supported by strong demand in manufacturing and testing. ❑ The Data Security business continues to experience headwinds, with delay in order finalizations. Financial Highlights– Q1 FY26 Financial Highlights – Q1FY26 Revenue (₹ cr) EBITDA (₹ cr) 2865 2982 8.3% 238 6.7% 200 Q1FY25 Q1FY26 Q1FY25 Q1FY26 Profit before tax (bei) (₹ cr) Earnings per share (EPS)* (₹) 226 163 8.21 # 5.88 Q1FY25 Q1FY26 Q1FY25 Q1FY26 *Not Annualized Segment Highlights – Q1FY26 Segment 1: Electro- Mechanical Projects and Commercial Air Co
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