Blue Star Management
Management criteria checks 2/4
Blue Star's CEO is Vir Advani, appointed in Apr 2016, has a tenure of 13.75 years. total yearly compensation is ₹81.23M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 1.09% of the company’s shares, worth ₹3.28B. The average tenure of the management team and the board of directors is 5.3 years and 6.6 years respectively.
Key information
Vir Advani
Chief executive officer
₹81.2m
Total compensation
| CEO salary percentage | 14.8% |
| CEO tenure | 8yrs |
| CEO ownership | 1.1% |
| Management average tenure | 5.3yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
Here's Why Blue Star (NSE:BLUESTARCO) Has Caught The Eye Of Investors
Apr 25
Blue Star (NSE:BLUESTARCO) Seems To Use Debt Quite Sensibly
Mar 05Blue Star Limited's (NSE:BLUESTARCO) 26% Share Price Surge Not Quite Adding Up
Feb 03Blue Star Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 02Blue Star (NSE:BLUESTARCO) Will Be Hoping To Turn Its Returns On Capital Around
Jan 28With EPS Growth And More, Blue Star (NSE:BLUESTARCO) Makes An Interesting Case
Jan 11Some Confidence Is Lacking In Blue Star Limited's (NSE:BLUESTARCO) P/E
Dec 18Is Blue Star (NSE:BLUESTARCO) A Risky Investment?
Nov 02Here's Why We Think Blue Star (NSE:BLUESTARCO) Might Deserve Your Attention Today
Sep 13Here's What Blue Star's (NSE:BLUESTARCO) Strong Returns On Capital Mean
Aug 26Does Blue Star (NSE:BLUESTARCO) Have A Healthy Balance Sheet?
May 27Here's Why Blue Star (NSE:BLUESTARCO) Has Caught The Eye Of Investors
May 06Capital Investments At Blue Star (NSE:BLUESTARCO) Point To A Promising Future
Mar 29Is Blue Star (NSE:BLUESTARCO) Using Too Much Debt?
Feb 21Here's Why We Think Blue Star (NSE:BLUESTARCO) Is Well Worth Watching
Feb 03Blue Star (NSE:BLUESTARCO) Is Reinvesting To Multiply In Value
Dec 13Is Blue Star (NSE:BLUESTARCO) Using Too Much Debt?
Sep 10Blue Star's (NSE:BLUESTARCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 16Blue Star (NSE:BLUESTARCO) Is Paying Out A Larger Dividend Than Last Year
Jul 02Blue Star (NSE:BLUESTARCO) Could Easily Take On More Debt
Jun 02Analysts' Revenue Estimates For Blue Star Limited (NSE:BLUESTARCO) Are Surging Higher
May 10At ₹1,092, Is Blue Star Limited (NSE:BLUESTARCO) Worth Looking At Closely?
May 06We Think Blue Star (NSE:BLUESTARCO) Can Manage Its Debt With Ease
Feb 10The Returns On Capital At Blue Star (NSE:BLUESTARCO) Don't Inspire Confidence
Jan 26Is Now The Time To Look At Buying Blue Star Limited (NSE:BLUESTARCO)?
Jan 11Blue Star (NSE:BLUESTARCO) Could Be Struggling To Allocate Capital
Oct 27Is Blue Star Limited (NSE:BLUESTARCO) Potentially Undervalued?
Sep 27Shareholders May Not Be So Generous With Blue Star Limited's (NSE:BLUESTARCO) CEO Compensation And Here's Why
Jul 28Some Investors May Be Worried About Blue Star's (NSE:BLUESTARCO) Returns On Capital
Jul 05Blue Star (NSE:BLUESTARCO) Seems To Use Debt Quite Sensibly
Jun 01Is Now An Opportune Moment To Examine Blue Star Limited (NSE:BLUESTARCO)?
May 17Returns On Capital At Blue Star (NSE:BLUESTARCO) Paint An Interesting Picture
Mar 21Don't Ignore The Fact That This Insider Just Sold Some Shares In Blue Star Limited (NSE:BLUESTARCO)
Mar 03Is Blue Star's (NSE:BLUESTARCO) Share Price Gain Of 152% Well Earned?
Feb 16Blue Star Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Feb 01
Blue Star (NSE:BLUESTARCO) Has A Somewhat Strained Balance Sheet
Dec 19Our Take On The Returns On Capital At Blue Star (NSE:BLUESTARCO)
Dec 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₹5b |
| Sep 30 2023 | n/a | n/a | ₹4b |
| Jun 30 2023 | n/a | n/a | ₹4b |
| Mar 31 2023 | ₹81m | ₹12m | ₹4b |
| Dec 31 2022 | n/a | n/a | ₹3b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹2b |
| Mar 31 2022 | ₹61m | ₹10m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹2b |
| Sep 30 2021 | n/a | n/a | ₹1b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹50m | ₹10m | ₹1b |
| Dec 31 2020 | n/a | n/a | ₹413m |
| Sep 30 2020 | n/a | n/a | ₹241m |
| Jun 30 2020 | n/a | n/a | ₹468m |
| Mar 31 2020 | ₹50m | ₹10m | ₹1b |
| Dec 31 2019 | n/a | n/a | ₹2b |
| Sep 30 2019 | n/a | n/a | ₹2b |
| Jun 30 2019 | n/a | n/a | ₹2b |
| Mar 31 2019 | ₹85m | ₹9m | ₹2b |
| Dec 31 2018 | n/a | n/a | ₹1b |
| Sep 30 2018 | n/a | n/a | ₹2b |
| Jun 30 2018 | n/a | n/a | ₹2b |
| Mar 31 2018 | ₹70m | ₹8m | ₹1b |
Compensation vs Market: Vir's total compensation ($USD974.52K) is above average for companies of similar size in the Indian market ($USD552.42K).
Compensation vs Earnings: Vir's compensation has increased by more than 20% in the past year.
CEO
Vir Advani (47 yo)
8yrs
Tenure
₹81,230,000
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 8yrs | ₹81.23m | 1.09% ₹ 3.3b | |
| MD & Executive Director | 8yrs | ₹81.23m | no data | |
| Group Chief Financial Officer | 1.8yrs | no data | no data | |
| Chief Information Officer | 7.8yrs | no data | no data | |
| Senior GM | 2.5yrs | no data | no data | |
| Head of Corporate Communications | no data | no data | no data | |
| Chief Human Resources Officer | 5.3yrs | no data | no data | |
| President & COO of Electro-Mechanical Projects and Air Conditioning Solutions Group | 5.3yrs | ₹4.72m | no data | |
| Executive Vice President of Sales & Marketing - Cooling and Purification Appliances Group | no data | no data | no data | |
| Executive Vice President - Electro-Mechanical Projects & Customer Service | 2.3yrs | no data | no data | |
| President & Chief Operating Officer of Cooling & Purifications Appliances Group (CPAG) | 2.3yrs | no data | no data | |
| Chief Operating Officer of Blue Star Engineering & Electronics Limited - MedTech Solutions | no data | no data | no data |
5.3yrs
Average Tenure
58.5yo
Average Age
Experienced Management: BLUESTARCO's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 13.8yrs | ₹81.23m | 1.09% ₹ 3.3b | |
| MD & Executive Director | 10.9yrs | ₹81.23m | no data | |
| CEO and Whole Time Director of Blue Star Engineering & Electronics Ltd | 1.3yrs | no data | no data | |
| Independent Non-Executive Director | 7.3yrs | ₹2.81m | 2.26% ₹ 6.8b | |
| Non-Executive Independent Director | 6.4yrs | ₹3.46m | no data | |
| Additional Independent Director | 1.8yrs | ₹2.38m | no data | |
| Chairman Emeritus | 5yrs | ₹4.45m | 2.3% ₹ 6.9b | |
| Chairman Emeritus | 7.4yrs | ₹2.19m | no data | |
| Non-Executive Independent Director | 6.8yrs | ₹3.06m | no data | |
| Non-Executive Independent Director | 5.2yrs | ₹3.56m | no data | |
| Independent Non-Executive Director | 5yrs | ₹2.93m | 1.04% ₹ 3.1b | |
| Independent Non-Executive Director | 7.3yrs | ₹3.06m | no data |
6.6yrs
Average Tenure
64.5yo
Average Age
Experienced Board: BLUESTARCO's board of directors are considered experienced (6.6 years average tenure).