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Earnings Call

Blue Star Earnings Call: Key Takeaways

Blue Star reported Q4FY26 revenue of ₹4,072 Cr (up 1.3%) and record EBITDA of ₹326.3 Cr (8% margin). Full-year FY26 revenue grew 3.6% to ₹12,402 Cr.

Why this was an Alfa AlertNot a filter event. Management stated results were 'more or less delivered in line with expectation'.
Highlights
Revenue growthFY26 3.6%; Q4FY26 1.3%
MarginsTargeting 8-8.5% UCP margins despite commodity pressure.
Order bookCarried forward order book grew 10.5% to ₹6,923 Cr.
Demand visibilityStrong summer demand pick-up from mid-April 2026.
Management confidenceCautiously optimistic for FY27 despite input cost headwinds.

Growth

FY26 Consolidated Revenue up 3.6%; EBITDA grew 6.2% to ₹930.4 Cr; Unitary Products Q4 revenue grew 1.3%.

Outlook

Targets 15% RAC market share; projected FY27 industry growth of 18-20%; annual capex ₹250-350 Cr.

Risks

Geopolitical uncertainty (war), rising input costs (copper, plastics), and supply chain disruptions due to Middle East crisis.

Source

Earnings Call filed with NSE, NSE: BLUESTARCO. Summary written with AI assistance from the document.

Read the document ↗

Blue Star Ltd: key numbers

Share price
₹1,565.00
Market cap
₹32,179 Cr
Revenue (annual)
₹12,402 Cr
Net profit (annual)
₹527.7 Cr
P/E (TTM)
63.2×Sector 45.9×
Promoter holding
36.50%+0.01% QoQ
FII holding
12.75%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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