Blue Star
Market Cap
₹72.8b
Last Updated
2021/01/26 12:14 UTC
Data Sources
Company Financials +
Executive Summary
Blue Star Limited operates as a central air conditioning and commercial refrigeration company in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential second-rate dividend payer.
Similar Companies
Share Price & News
How has Blue Star's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500067 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500067's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.0%
500067
4.2%
IN Building
-0.5%
IN Market
1 Year Return
-11.1%
500067
34.1%
IN Building
14.8%
IN Market
Return vs Industry: 500067 underperformed the Indian Building industry which returned 36.2% over the past year.
Return vs Market: 500067 underperformed the Indian Market which returned 15.1% over the past year.
Shareholder returns
| 500067 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 4.2% | -0.5% |
| 30 Day | -4.2% | 7.4% | 3.3% |
| 90 Day | 16.8% | 37.0% | 20.5% |
| 1 Year | -9.7%-11.1% | 35.1%34.1% | 16.9%14.8% |
| 3 Year | 6.6%1.8% | 24.4%16.8% | 7.0%1.8% |
| 5 Year | 130.0%113.7% | 145.3%126.6% | 74.7%61.3% |
Long-Term Price Volatility Vs. Market
How volatile is Blue Star's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
What Do Analysts Think About Blue Star Limited's (BOM:500067) Profit Growth?2 years ago | Simply Wall St
May Top Growth Stocks To Buy2 years ago | Simply Wall St
Attractive Stocks To Profit FromValuation
Is Blue Star undervalued compared to its fair value and its price relative to the market?
301.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500067 (₹755.65) is trading above our estimate of fair value (₹265.83)
Significantly Below Fair Value: 500067 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500067 is poor value based on its PE Ratio (301.8x) compared to the IN Building industry average (24.4x).
PE vs Market: 500067 is poor value based on its PE Ratio (301.8x) compared to the Indian market (19x).
Price to Earnings Growth Ratio
PEG Ratio: 500067 is poor value based on its PEG Ratio (6.8x)
Price to Book Ratio
PB vs Industry: 500067 is overvalued based on its PB Ratio (9.4x) compared to the IN Building industry average (1.2x).
Next Steps
Future Growth
How is Blue Star forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
44.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500067's forecast earnings growth (44.6% per year) is above the savings rate (7%).
Earnings vs Market: 500067's earnings (44.6% per year) are forecast to grow faster than the Indian market (25.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500067's revenue (16.8% per year) is forecast to grow faster than the Indian market (12.4% per year).
High Growth Revenue: 500067's revenue (16.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500067's Return on Equity is forecast to be high in 3 years time (23%)
Next Steps
Past Performance
How has Blue Star performed over the past 5 years?
10.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500067 has high quality earnings.
Growing Profit Margin: 500067's current net profit margins (0.6%) are lower than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: 500067's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: 500067's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500067 had negative earnings growth (-87.6%) over the past year, making it difficult to compare to the Building industry average (-15.1%).
Return on Equity
High ROE: 500067's Return on Equity (3.1%) is considered low.
Next Steps
Financial Health
How is Blue Star's financial position?
Financial Position Analysis
Short Term Liabilities: 500067's short term assets (₹22.6B) exceed its short term liabilities (₹18.3B).
Long Term Liabilities: 500067's short term assets (₹22.6B) exceed its long term liabilities (₹4.4B).
Debt to Equity History and Analysis
Debt Level: 500067's debt to equity ratio (96.5%) is considered high.
Reducing Debt: 500067's debt to equity ratio has increased from 74.9% to 96.5% over the past 5 years.
Debt Coverage: 500067's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: 500067's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Blue Star current dividend yield, its reliability and sustainability?
1.32%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500067's dividend (1.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.45%).
High Dividend: 500067's dividend (1.32%) is low compared to the top 25% of dividend payers in the Indian market (1.86%).
Stability and Growth of Payments
Stable Dividend: 500067's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500067's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as 500067 has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: 500067's dividends in 3 years are forecast to be well covered by earnings (47.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
B. Thiagarajan (62 yo)
4.75yrs
Tenure
₹51,750,000
Compensation
Mr. B. Thiagarajan has been Managing Director of Blue Star Limited since April 1, 2019. Mr. Thiagarajan was Joint Managing Director of Blue Star Limited from April 1, 2016 to April 1, 2019. He served as th...
CEO Compensation Analysis
Compensation vs Market: B.'s total compensation ($USD709.05K) is above average for companies of similar size in the Indian market ($USD392.35K).
Compensation vs Earnings: B.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 4.75yrs | ₹51.75m | 0.076% ₹ 55.0m | |
| Vice Chairman & MD | 1.75yrs | ₹50.00m | 1.17% ₹ 849.8m | |
| Chief Financial Officer | 6.42yrs | ₹19.88m | 0.043% ₹ 31.4m | |
| Chief Information Officer | 4.5yrs | no data | no data | |
| Company Secretary & Compliance Officer | 5.58yrs | ₹5.31m | no data | |
| Head of Corporate Communications | no data | no data | no data | |
| Chief Human Resources Officer | 2yrs | no data | no data | |
| Executive Vice President of R&D and Procurement | no data | ₹10.21m | 0.011% ₹ 8.3m | |
| President & COO of Electro-Mechanical Projects and Air Conditioning Solutions Group | 0.17yr | ₹4.72m | no data | |
| President & COO of Cooling and Purifications Appliances Group (CPAG) | 0.17yr | no data | no data | |
| Chief Executive Officer of Blue Star Engineering & Electronics Ltd | no data | no data | no data | |
| Chief Executive Officer of Blue Star International FZCO | no data | no data | no data |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Management: 500067's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 4.75yrs | ₹51.75m | 0.076% ₹ 55.0m | |
| Vice Chairman & MD | 1.75yrs | ₹50.00m | 1.17% ₹ 849.8m | |
| Non-Executive Director | 4.08yrs | ₹1.48m | 0.028% ₹ 20.4m | |
| Independent Director | 3.17yrs | ₹1.73m | no data | |
| Chairman Emeritus | 1.75yrs | ₹4.45m | 3.48% ₹ 2.5b | |
| Chairman Emeritus | 4.17yrs | ₹2.19m | no data | |
| Non-Executive Independent Chairman of the Board | 1.75yrs | ₹2.70m | no data | |
| Independent Director | 3.58yrs | ₹1.53m | 0.011% ₹ 8.0m | |
| Independent Director | 1.92yrs | ₹1.60m | no data | |
| Non-Executive Director | 1.75yrs | ₹1.58m | 0.075% ₹ 54.8m | |
| Independent Director | 1.92yrs | ₹1.50m | no data | |
| Non-Executive Director | 4.08yrs | ₹1.58m | no data |
2.5yrs
Average Tenure
61yo
Average Age
Experienced Board: 500067's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500067 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Blue Star Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Blue Star Limited
- Ticker: 500067
- Exchange: BSE
- Founded: 1943
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ₹72.780b
- Shares outstanding: 96.31m
- Website: https://www.bluestarindia.com
Number of Employees
Location
- Blue Star Limited
- Kasturi Buildings
- Mohan T Advani Chowk
- Mumbai
- Maharashtra
- 400020
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500067 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 1995 |
| BLUESTARCO | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Feb 1995 |
Biography
Blue Star Limited operates as a central air conditioning and commercial refrigeration company in India. The company operates in three segments: Electro-Mechanical Projects and Commercial Air Conditioning S...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 12:14 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.