Blue Star Limited

BSE:500067 Stock Report

Market Cap: ₹321.4b

Blue Star Management

Management criteria checks 2/4

Blue Star's CEO is Vir Advani, appointed in Apr 2016, has a tenure of 9.08 years. total yearly compensation is ₹112.42M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 1.12% of the company’s shares, worth ₹3.60B. The average tenure of the management team and the board of directors is 2.6 years and 7.7 years respectively.

Key information

Vir Advani

Chief executive officer

₹112.4m

Total compensation

CEO salary percentage12.06%
CEO tenure9.1yrs
CEO ownership1.1%
Management average tenure2.6yrs
Board average tenure7.7yrs

Recent management updates

Recent updates

author-image

AI-Enabled Air Conditioners And Global Expansion Drive Revenue And Margin Growth

Dec 14 Strong growth in residential and commercial air conditioning sectors highlighted by development initiatives and AI-enabled models driving potential revenue and margin expansion.

CEO Compensation Analysis

How has Vir Advani's remuneration changed compared to Blue Star's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

₹6b

Dec 31 2024n/an/a

₹6b

Sep 30 2024n/an/a

₹5b

Jun 30 2024n/an/a

₹5b

Mar 31 2024₹112m₹14m

₹4b

Dec 31 2023n/an/a

₹5b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹81m₹12m

₹4b

Dec 31 2022n/an/a

₹3b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹61m₹10m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹50m₹10m

₹1b

Dec 31 2020n/an/a

₹413m

Sep 30 2020n/an/a

₹241m

Jun 30 2020n/an/a

₹468m

Mar 31 2020₹50m₹10m

₹1b

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹2b

Mar 31 2019₹85m₹9m

₹2b

Compensation vs Market: Vir's total compensation ($USD1.31M) is above average for companies of similar size in the Indian market ($USD573.20K).

Compensation vs Earnings: Vir's compensation has increased by more than 20% in the past year.

CEO

Vir Advani (48 yo)

9.1yrs

Tenure

₹112,416,000

Compensation

Mr. Vir S. Advani, B.S., B.A., has been the Managing Director of Blue Star Limited since April 1, 2016 and has been Vice Chairman since April 1, 2019. Mr. Advani served as the President of Electro Mechanic...

Leadership Team

NamePositionTenureCompensationOwnership
Vir Advani
Chairman & MD9.1yrs₹112.42m1.12%
₹ 3.6b
B. Thiagarajan
MD & Executive Director9.1yrs₹112.42m0.071%
₹ 227.6m
Nikhil Sohoni
Group Chief Financial Officer2.8yrsno datano data
Udit Pahwa
Chief Information Officer1.3yrsno datano data
Girish Hingorani
Vice President of Marketing (Cooling & Purification Appliances) and Corporate Communicationsno datano datano data
Arun Rajan
Group Chief Human Resources Officerless than a yearno datano data
Ponnada Rao
ED- Projects6.3yrs₹4.72mno data
V. Ashok
Executive VP of Customer Experience & ESGless than a yearno datano data
C. Haridas
Executive Vice President of Sales & Marketingno datano datano data
Wilson Jebaraj
Executive Vice President - Electro-Mechanical Projects & Customer Service3.3yrsno datano data
Tom Overs
CEO of Blue Star North America Inc.2.4yrsno datano data
DV Kasbekar
Chief Executive Officer of Blue Star Climatech Limited2yrsno datano data

2.6yrs

Average Tenure

60yo

Average Age

Experienced Management: 500067's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vir Advani
Chairman & MD14.8yrs₹112.42m1.12%
₹ 3.6b
B. Thiagarajan
MD & Executive Director12yrs₹112.42m0.071%
₹ 227.6m
Ponnada Rao
ED- Projectsless than a year₹4.72mno data
Dinesh Vaswani
Non-Executive Director8.4yrs₹3.22m2.3%
₹ 7.4b
Anil Harish
Non-Executive Independent Director7.5yrs₹3.52mno data
Anita Ramachandran
Additional Independent Director2.9yrs₹3.37mno data
Suneel Advani
Chairman Emeritus6.1yrs₹4.45m2.3%
₹ 7.4b
Ashok Advani
Chairman Emeritus8.5yrs₹2.19m0.57%
₹ 1.8b
Sam Balsara
Non-Executive Independent Director7.9yrs₹3.27m0.010%
₹ 33.0m
Sunaina Murthy
Independent Non-Executive Director6.1yrs₹3.20m1.04%
₹ 3.4b
Arvind Singhal
Non-Executive Independent Director6.3yrs₹3.52mno data
Rajiv Lulla
Independent Non-Executive Director8.4yrs₹3.20mno data

7.7yrs

Average Tenure

66yo

Average Age

Experienced Board: 500067's board of directors are considered experienced (7.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/16 11:04
End of Day Share Price 2025/05/16 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Blue Star Limited is covered by 34 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Dhruv JainAmbit Capital
Surbhi LodhaAnand Rathi Shares and Stock Brokers Limited