Blue Star Management
Management criteria checks 2/4
Blue Star's CEO is Vir Advani, appointed in Apr 2016, has a tenure of 8.67 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 ₹4.69B. The average tenure of the management team and the board of directors is 2.9 years and 7.3 years respectively.
Key information
Vir Advani
Chief executive officer
₹112.4m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 8.7yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2.9yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Here's What's Concerning About Blue Star's (NSE:BLUESTARCO) Returns On Capital
Dec 19
Blue Star's (NSE:BLUESTARCO) Solid Earnings May Rest On Weak Foundations
Nov 14Blue Star Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 09Revenues Tell The Story For Blue Star Limited (NSE:BLUESTARCO) As Its Stock Soars 26%
Oct 03Do Blue Star's (NSE:BLUESTARCO) Earnings Warrant Your Attention?
Sep 27Returns On Capital At Blue Star (NSE:BLUESTARCO) Paint A Concerning Picture
Sep 11Earnings Update: Here's Why Analysts Just Lifted Their Blue Star Limited (NSE:BLUESTARCO) Price Target To ₹1,605
Aug 09Does Blue Star (NSE:BLUESTARCO) Have A Healthy Balance Sheet?
Aug 06Blue Star Limited's (NSE:BLUESTARCO) Share Price Not Quite Adding Up
Jun 15Blue Star (NSE:BLUESTARCO) Could Be Struggling To Allocate Capital
May 28We Think You Should Be Aware Of Some Concerning Factors In Blue Star's (NSE:BLUESTARCO) Earnings
May 10Blue Star Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 05Here's Why Blue Star (NSE:BLUESTARCO) Has Caught The Eye Of Investors
Apr 25Blue 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 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹5b |
| Jun 30 2024 | n/a | n/a | ₹5b |
| Mar 31 2024 | ₹112m | ₹14m | ₹4b |
| 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 ($USD1.32M) is above average for companies of similar size in the Indian market ($USD720.32K).
Compensation vs Earnings: Vir's compensation has increased by more than 20% in the past year.
CEO
Vir Advani (48 yo)
8.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 8.7yrs | ₹112.42m | 1.12% ₹ 4.7b | |
| MD & Executive Director | 8.7yrs | ₹112.42m | 0.071% ₹ 296.4m | |
| Group Chief Financial Officer | 2.4yrs | no data | no data | |
| Chief Information Officer | less than a year | no data | no data | |
| Vice President of Marketing (Cooling & Purification Appliances) and Corporate Communications | no data | no data | no data | |
| Chief Human Resources Officer | 5.9yrs | no data | no data | |
| ED- Projects | 5.9yrs | ₹4.72m | no data | |
| Executive Vice President of Sales & Marketing | no data | no data | no data | |
| Executive Vice President - Electro-Mechanical Projects & Customer Service | 2.9yrs | no data | no data | |
| Chief Operating Officer of MedTech Solutions | no data | no data | no data | |
| Chief Executive Officer of Blue Star Climatech Limited | 1.6yrs | no data | no data | |
| Chief Operating Officer of Blue Star International FZCO | 1.6yrs | no data | no data |
2.9yrs
Average Tenure
60yo
Average Age
Experienced Management: BLUESTARCO's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 14.4yrs | ₹112.42m | 1.12% ₹ 4.7b | |
| MD & Executive Director | 11.6yrs | ₹112.42m | 0.071% ₹ 296.4m | |
| ED- Projects | less than a year | ₹4.72m | no data | |
| Non-Executive Director | 8yrs | ₹3.22m | 2.3% ₹ 9.6b | |
| Non-Executive Independent Director | 7.1yrs | ₹3.52m | no data | |
| Additional Independent Director | 2.5yrs | ₹3.37m | no data | |
| Chairman Emeritus | 5.7yrs | ₹4.45m | 2.3% ₹ 9.6b | |
| Chairman Emeritus | 8.1yrs | ₹2.19m | 0.57% ₹ 2.4b | |
| Non-Executive Independent Director | 7.5yrs | ₹3.27m | 0.010% ₹ 43.0m | |
| Non-Executive Independent Director | 5.8yrs | ₹3.52m | no data | |
| Independent Non-Executive Director | 5.7yrs | ₹3.20m | 1.04% ₹ 4.4b | |
| Independent Non-Executive Director | 8yrs | ₹3.20m | no data |
7.3yrs
Average Tenure
65yo
Average Age
Experienced Board: BLUESTARCO's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:10 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Blue Star Limited is covered by 33 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Dhruv Jain | Ambit Capital |
| Manish Valecha | Anand Rathi Shares and Stock Brokers Limited |