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BLUE

Blue StarNSEI:BLUESTARCO Stock Report

Last Price

₹1.01k

Market Cap

₹97.0b

7D

0.2%

1Y

30.9%

Updated

19 Jan, 2022

Data

Company Financials +
BLUESTARCO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends3/6

BLUESTARCO Stock Overview

Blue Star Limited operates as a central air conditioning and commercial refrigeration company in India.

Blue Star Competitors

Lakshmi Electrical Control Systems

BSE:504258

₹1.7b

Perfect Infraengineers

NSEI:PERFECT

₹110.6m

Price History & Performance

Summary of all time highs, changes and price drops for Blue Star
Historical stock prices
Current Share Price₹1,007.95
52 Week High₹1,091.50
52 Week Low₹702.00
Beta0.88
1 Month Change0.11%
3 Month Change13.40%
1 Year Change30.87%
3 Year Change65.71%
5 Year Change97.52%
Change since IPO2,602.28%

Recent News & Updates

Jan 11
Is Now The Time To Look At Buying Blue Star Limited (NSE:BLUESTARCO)?

Is Now The Time To Look At Buying Blue Star Limited (NSE:BLUESTARCO)?

Blue Star Limited ( NSE:BLUESTARCO ), might not be a large cap stock, but it saw a double-digit share price rise of...

Oct 27
Blue Star (NSE:BLUESTARCO) Could Be Struggling To Allocate Capital

Blue Star (NSE:BLUESTARCO) Could Be Struggling To Allocate Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...

Sep 27
Is Blue Star Limited (NSE:BLUESTARCO) Potentially Undervalued?

Is Blue Star Limited (NSE:BLUESTARCO) Potentially Undervalued?

Blue Star Limited ( NSE:BLUESTARCO ), is not the largest company out there, but it saw a decent share price growth in...

Jul 28
Shareholders May Not Be So Generous With Blue Star Limited's (NSE:BLUESTARCO) CEO Compensation And Here's Why

Shareholders May Not Be So Generous With Blue Star Limited's (NSE:BLUESTARCO) CEO Compensation And Here's Why

The share price of Blue Star Limited ( NSE:BLUESTARCO ) has been growing in the past few years, however, the per-share...

Shareholder Returns

BLUESTARCOIN BuildingIN Market
7D0.2%1.2%0.2%
1Y30.9%85.8%34.4%

Return vs Industry: BLUESTARCO underperformed the Indian Building industry which returned 85.8% over the past year.

Return vs Market: BLUESTARCO underperformed the Indian Market which returned 34.4% over the past year.

Price Volatility

Is BLUESTARCO's price volatile compared to industry and market?
BLUESTARCO volatility
BLUESTARCO Average Weekly Movement4.8%
Building Industry Average Movement6.3%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.1%

Stable Share Price: BLUESTARCO is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BLUESTARCO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19432,621B. Thiagarajanhttps://www.bluestarindia.com

Blue Star Limited operates as a central air conditioning and commercial refrigeration company in India. The company operates through three segments: Electro-Mechanical Projects and Commercial Air Conditioning Systems, Unitary Products, and Professional Electronics and Industrial Systems. The Electro-Mechanical Projects and Commercial Air Conditioning Systems segment designs, manufactures, installs, commissions, and maintains central air conditioning plants, packaged/ducted systems, and variable refrigerant flow systems; and provides contracting services in electrification, plumbing, and fire-fighting, as well as after-sales services, such as revamp, retrofit, and upgrade services.

Blue Star Fundamentals Summary

How do Blue Star's earnings and revenue compare to its market cap?
BLUESTARCO fundamental statistics
Market Cap₹97.00b
Earnings (TTM)₹1.48b
Revenue (TTM)₹50.27b

65.3x

P/E Ratio

1.9x

P/S Ratio

Is BLUESTARCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLUESTARCO income statement (TTM)
Revenue₹50.27b
Cost of Revenue₹38.81b
Gross Profit₹11.46b
Expenses₹9.97b
Earnings₹1.48b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)15.41
Gross Margin22.79%
Net Profit Margin2.95%
Debt/Equity Ratio45.4%

How did BLUESTARCO perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is Blue Star undervalued compared to its fair value and its price relative to the market?

65.34x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BLUESTARCO (₹1007.95) is trading above our estimate of fair value (₹652.51)

Significantly Below Fair Value: BLUESTARCO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BLUESTARCO is poor value based on its PE Ratio (65.3x) compared to the Indian Building industry average (28.7x).

PE vs Market: BLUESTARCO is poor value based on its PE Ratio (65.3x) compared to the Indian market (23.4x).


Price to Earnings Growth Ratio

PEG Ratio: BLUESTARCO is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: BLUESTARCO is overvalued based on its PB Ratio (10.9x) compared to the IN Building industry average (2.1x).


Future Growth

How is Blue Star forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

28.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLUESTARCO's forecast earnings growth (28.6% per year) is above the savings rate (6.7%).

Earnings vs Market: BLUESTARCO's earnings (28.6% per year) are forecast to grow faster than the Indian market (20.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BLUESTARCO's revenue (14.8% per year) is forecast to grow faster than the Indian market (13.2% per year).

High Growth Revenue: BLUESTARCO's revenue (14.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BLUESTARCO's Return on Equity is forecast to be high in 3 years time (24.7%)


Past Performance

How has Blue Star performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLUESTARCO has high quality earnings.

Growing Profit Margin: BLUESTARCO's current net profit margins (3%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: BLUESTARCO's earnings have declined by 3% per year over the past 5 years.

Accelerating Growth: BLUESTARCO's earnings growth over the past year (515.3%) exceeds its 5-year average (-3% per year).

Earnings vs Industry: BLUESTARCO earnings growth over the past year (515.3%) exceeded the Building industry 76.3%.


Return on Equity

High ROE: BLUESTARCO's Return on Equity (16.7%) is considered low.


Financial Health

How is Blue Star's financial position?


Financial Position Analysis

Short Term Liabilities: BLUESTARCO's short term assets (₹25.7B) exceed its short term liabilities (₹19.8B).

Long Term Liabilities: BLUESTARCO's short term assets (₹25.7B) exceed its long term liabilities (₹4.0B).


Debt to Equity History and Analysis

Debt Level: BLUESTARCO's net debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: BLUESTARCO's debt to equity ratio has reduced from 55.1% to 45.4% over the past 5 years.

Debt Coverage: BLUESTARCO's debt is well covered by operating cash flow (102.3%).

Interest Coverage: BLUESTARCO's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Dividend

What is Blue Star current dividend yield, its reliability and sustainability?

0.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BLUESTARCO's dividend (0.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: BLUESTARCO's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.33%).


Stability and Growth of Payments

Stable Dividend: BLUESTARCO's dividend payments have been volatile in the past 10 years.

Growing Dividend: BLUESTARCO's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.7%), BLUESTARCO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BLUESTARCO's dividends in 3 years are forecast to be covered by earnings (52.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

B. Thiagarajan (63 yo)

5.75yrs

Tenure

₹50,400,000

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 ($USD675.79K) is above average for companies of similar size in the Indian market ($USD444.93K).

Compensation vs Earnings: B.'s compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BLUESTARCO's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: BLUESTARCO's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 employee growth, exchange listings and data sources


Key Information

  • Name: Blue Star Limited
  • Ticker: BLUESTARCO
  • Exchange: NSEI
  • Founded: 1943
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: ₹97.003b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 15:37
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.