Blue Star Limited

NSEI:BLUESTARCO Stock Report

Market Cap: ₹370.3b

Blue Star Valuation

Is BLUESTARCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BLUESTARCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹602.28
Fair Value
198.5% overvalued intrinsic discount
17
Number of Analysts

Below Fair Value: BLUESTARCO (₹1798) is trading above our estimate of fair value (₹602.28)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BLUESTARCO?

Key metric: As BLUESTARCO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BLUESTARCO. This is calculated by dividing BLUESTARCO's market cap by their current earnings.
What is BLUESTARCO's PE Ratio?
PE Ratio66.3x
Earnings₹5.58b
Market Cap₹370.26b

Price to Earnings Ratio vs Peers

How does BLUESTARCO's PE Ratio compare to its peers?

The above table shows the PE ratio for BLUESTARCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average40.2x
ASTRAL Astral
75x25.1%₹394.3b
500233 Kajaria Ceramics
41.6x22.2%₹158.2b
500128 Electrosteel Castings
9x8.6%₹78.2b
532443 Cera Sanitaryware
35.4x12.3%₹85.2b
BLUESTARCO Blue Star
66.3x21.0%₹370.3b

Price-To-Earnings vs Peers: BLUESTARCO is expensive based on its Price-To-Earnings Ratio (66.3x) compared to the peer average (40.2x).

Price to Earnings Ratio vs Industry

How does BLUESTARCO's PE Ratio compare vs other companies in the IN Building Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
526193 Royal Cushion Vinyl Products
1.7xn/aUS$11.98m
505685 Taparia Tools
0.1xn/aUS$1.86m
539223 Ambition Mica
2.3xn/aUS$522.30k
No more companies available in this PE range
BLUESTARCO 66.3xIndustry Avg. 28.0xNo. of Companies6PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BLUESTARCO is expensive based on its Price-To-Earnings Ratio (66.3x) compared to the Indian Building industry average (28x).

Price to Earnings Ratio vs Fair Ratio

What is BLUESTARCO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BLUESTARCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio66.3x
Fair PE Ratio41.5x

Price-To-Earnings vs Fair Ratio: BLUESTARCO is expensive based on its Price-To-Earnings Ratio (66.3x) compared to the estimated Fair Price-To-Earnings Ratio (41.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BLUESTARCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,798.00
₹1,930.88
+7.4%
12.7%₹2,340.00₹1,380.00n/a17
Jan ’26₹2,259.80
₹1,901.28
-15.9%
11.1%₹2,260.00₹1,380.00n/a18
Dec ’25₹1,853.10
₹1,901.28
+2.6%
11.1%₹2,260.00₹1,380.00n/a18
Nov ’25₹1,917.10
₹1,721.28
-10.2%
8.4%₹1,961.00₹1,400.00n/a18
Oct ’25₹2,095.85
₹1,723.95
-17.7%
8.1%₹1,961.00₹1,400.00n/a19
Sep ’25₹1,703.90
₹1,650.52
-3.1%
15.4%₹1,961.00₹970.00n/a21
Aug ’25₹1,756.25
₹1,486.95
-15.3%
13.4%₹1,720.00₹970.00n/a19
Jul ’25₹1,622.90
₹1,463.00
-9.9%
12.3%₹1,720.00₹970.00n/a20
Jun ’25₹1,576.45
₹1,453.65
-7.8%
12.2%₹1,670.00₹970.00n/a20
May ’25₹1,496.15
₹1,231.11
-17.7%
11.9%₹1,490.00₹970.00n/a18
Apr ’25₹1,276.90
₹1,220.83
-4.4%
11.4%₹1,490.00₹970.00n/a18
Mar ’25₹1,308.05
₹1,198.95
-8.3%
13.7%₹1,490.00₹805.00n/a19
Feb ’25₹1,184.85
₹1,131.11
-4.5%
14.2%₹1,305.00₹770.00n/a19
Jan ’25₹948.80
₹966.39
+1.9%
10.6%₹1,158.00₹770.00₹2,259.8018
Dec ’24₹989.00
₹957.63
-3.2%
11.1%₹1,158.00₹770.00₹1,853.1019
Nov ’24₹934.30
₹926.32
-0.9%
12.8%₹1,158.00₹690.00₹1,917.1019
Oct ’24₹875.20
₹832.35
-4.9%
8.9%₹1,005.00₹690.00₹2,095.8520
Sep ’24₹745.25
₹832.35
+11.7%
8.9%₹1,005.00₹690.00₹1,703.9020
Aug ’24₹784.15
₹801.68
+2.2%
8.6%₹1,005.00₹673.00₹1,756.2519
Jul ’24₹767.10
₹791.97
+3.2%
7.5%₹900.00₹672.50₹1,622.9018
Jun ’24₹722.00
₹791.97
+9.7%
7.5%₹900.00₹672.50₹1,576.4518
May ’24₹740.10
₹725.69
-1.9%
8.7%₹842.50₹592.50₹1,496.1518
Apr ’24₹689.58
₹725.69
+5.2%
8.7%₹842.50₹592.50₹1,276.9018
Mar ’24₹718.38
₹705.11
-1.8%
8.6%₹842.50₹592.50₹1,308.0519
Feb ’24₹633.48
₹696.18
+9.9%
7.8%₹769.00₹555.00₹1,184.8519
Jan ’24₹599.78
₹682.68
+13.8%
9.2%₹760.00₹535.00₹948.8019
Analyst Price Target
Consensus Narrative from 17 Analysts
₹1.93k
Fair Value
6.7% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 18:13
End of Day Share Price 2025/01/30 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

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.

AnalystInstitution
Dhruv JainAmbit Capital
Nitin BhasinAmbit Capital
Manish ValechaAnand Rathi Shares and Stock Brokers Limited