Blue Star Ltd

Blue Star Limited announced that its wholly-owned subsidiary, Blue Star Engineering & Electronics Limited, executed a Business Transfer Agreement with Cyrix Healthcare Private Limited for the sale and transfer of Blue Star E&E’s MedTech division, which provides medical diagnostic equipment and services, on a slump sale basis. The transaction, valued up to Rs 40 crore, is expected to be completed by March 31, 2027, and does not constitute a related party transaction; the MedTech division generated Rs 42.13 crore in income during the year ended March 31, 2026, representing 0.33% of Blue Star’s consolidated income from operations.

Blue Star Limited held its 78th Annual General Meeting on Thursday, August 6, 2026, via video conferencing, where shareholders approved the adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and declared a final dividend of Rs 8.5 per equity share. Shareholders also re-appointed Rajiv R Lulla as a director and approved the remuneration for Narasimha Murthy & Co, Hyderabad, as cost auditors for the financial year ended March 31, 2027.

Blue Star Ltd share price softened by 2.07% to Rs 1650.0 after the company's net profit witnessed a sharp fall of 54.88% to Rs 102.51 crore, while revenue from operations slipped 17.05% to Rs 3377.92 crore in Q2FY26 over Q1FY26. The market capitalization of Household Appliances industry group stocks on BSE stood at Rs 3.08 lakh crore, surging by 16.57%. It has marginally improved by 1.68% over last one week and edged lower by 1.50% in last one month while the market capitalization of Blue Star Ltd has slipped by 2.54% and 2.51% in the same period respectively. Profit before tax (PBT) of Blue Star Ltd stood at Rs 134.59 crore in Q2 FY26, nosediving by 17.55% year-on-year, and plunging by 55.15% quarter-on-quarter. EBITDA came in at Rs 154 crore, tumbling by 16.16% YoY and crashing by 49.00% sequentially. Total expenses fell by 14.09% to Rs 3259.59 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 2141.33 crore, contracting by 13.62% YoY, while employee benefits expense was at Rs 249.41 crore, ticking higher by 6.04% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 3.63% to Rs 12401.99 crore, while net profit declined by 10.82% to Rs 527.33 crore, compared to previous TTM. EBITDA surged by 85034% to Rs 868.49 crore, and PBT declined 10.42% to Rs 703.11 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 153.81 crore in FY26, as against Rs 688.07 crore in FY25. Blue Star Ltd fell 5.74% in last one year, significantly underperforming the benchmark BSE Sensex which has eased by 2.64% during the same period.

Blue Star Limited announced that its board of directors approved the appointment of Mr. Nikhilesh Panchal (DIN: 00041080) as an Additional Director designated as an Independent Director for a term of five consecutive years, starting August 14, 2026, subject to shareholder approval. Mr. Panchal is a practicing lawyer with over 35 years of experience and a partner at M/s Khaitan & Co since 2005.

Blue Star Limited announced a consolidated revenue of Rs 3,377.92 crore for the first quarter of fiscal year 2027, a 13.3% increase compared to Rs 2,982.25 crore in the same quarter of the previous year, according to a press release issued on Monday. The company's profit before tax declined by 23.7% to Rs 125.62 crore, and net profit fell to Rs 102.51 crore, impacted by rising input costs and a delayed summer season. Blue Star reported a net cash position of Rs 900.25 crore as of June 30, 2026, and a carried-forward order book of Rs 7,764.38 crore.

Blue Star will hold a meeting of the Board of Directors of the Company on 6 August 2026.

Piramal Pharma Ltd, ICICI Prudential Life Insurance Company Ltd, New India Assurance Company Ltd, Leela Palaces Hotels & Resorts Ltd are among the other stocks to see a surge in volumes on BSE today, 19 June 2026.Blue Star Ltd notched up volume of 5.61 lakh shares by 10:47 IST on BSE, a 13.52 fold spurt over two-week average daily volume of 41527 shares. The stock slipped 1.44% to Rs.1,681.10. Volumes stood at 12724 shares in the last session.Piramal Pharma Ltd notched up volume of 21.44 lakh shares by 10:47 IST on BSE, a 9.41 fold spurt over two-week average daily volume of 2.28 lakh shares. The stock rose 0.72% to Rs.161.35. Volumes stood at 2.38 lakh shares in the last session.ICICI Prudential Life Insurance Company Ltd registered volume of 5.19 lakh shares by 10:47 IST on BSE, a 6.08 fold spurt over two-week average daily volume of 85327 shares. The stock slipped 1.19% to Rs.515.70. Volumes stood at 1.12 lakh shares in the last session.New India Assurance Company Ltd saw volume of 15.26 lakh shares by 10:47 IST on BSE, a 4.19 fold spurt over two-week average daily volume of 3.64 lakh shares. The stock increased 5.53% to Rs.188.80. Volumes stood at 26.36 lakh shares in the last session.Leela Palaces Hotels & Resorts Ltd registered volume of 1.02 lakh shares by 10:47 IST on BSE, a 3.8 fold spurt over two-week average daily volume of 26913 shares. The stock rose 5.52% to Rs.482.95. Volumes stood at 16502 shares in the last session.Powered by Capital Market - Live

Blue Star Ltd fell 2.25% today to trade at Rs 1614.7. The BSE Consumer Durables index is down 0.59% to quote at 58147.01. The index is down 1.58 % over last one month. Among the other constituents of the index, Titan Company Ltd decreased 0.97% and Kalyan Jewellers India Ltd lost 0.94% on the day. The BSE Consumer Durables index went down 0.95 % over last one year compared to the 7.24% fall in benchmark SENSEX. Blue Star Ltd has lost 11.17% over last one month compared to 1.58% fall in BSE Consumer Durables index and 0.57% drop in the SENSEX. On the BSE, 2247 shares were traded in the counter so far compared with average daily volumes of 39532 shares in the past one month. The stock hit a record high of Rs 2049.95 on 04 Sep 2025. The stock hit a 52-week low of Rs 1450 on 02 Apr 2026.Powered by Capital Market - Live

On the segmental front, the Electro-Mechanical Projects & Commercial Air Conditioning Systems division's revenue grew 1.1% to Rs 1,989.92 crore in Q4FY26, as compared to Rs 1,968.17 crore in Q4FY25. Order inflow for the current quarter was Rs 1,954.39 crore, which is higher by 35.7% as compared with Rs 1,439.99 crore registered in the corresponding quarter of FY25. The revenue from Unitary Products segment rose by 1.3% YoY to Rs 1,984.96 crore in Q4 FY26. Lastly, the Professional Electronics and Industrial Systems segment topline grew by 7.3% to Rs 97.18 crore in Q4 FY26 from Rs 90.56 crore in Q4 FY25. EBIDTA improved by 16.8% to Rs 326.25 crore in Q4 FY26 as compared to Rs 279.40 crore in Q4 FY25. EBITDA margin was 8% in March 2026 quarter as against 7% in the same period last year. Profit before tax in Q4 FY26 stood at Rs 300 crore, up by 20.6% from Rs 249 crore in Q4 FY25. For FY26, the company has recorded consolidated net profit and revenue from operations of Rs 527 crore (down 10.8% YoY) and Rs 12,401.99 crore (up 3.6% YoY), respectively. In its business outlook, Blue Star stated that from second week of April 2026 summer has set in and the secondary sales of Room Air Conditioners have picked up momentum. Driven by the encouraging demand from manufacturing and data center sectors, Electro-Mechanical Projects and Commercial Air Conditioning business segment is expected to maintain growth momentum. With rising input costs and volatile exchange rates, there will be challenges in managing the margins. Further, the ongoing Middle East crisis can lead to supply chain disruptions and also dampen growth. We remain cautiously optimistic about the prospects for FY27,' the company said in a statement. Blue Star is an Indian multinational home appliances company. It specializes in air conditioning, commercial refrigeration, and MEP (mechanical, electrical, plumbing, and firefighting). The scrip fell 1.88% to currently trade at Rs 1773.45 on the BSE. Powered by Capital Market - Live

Blue Star has fixed 17 July 2026 as record date for final dividend of Rs 8.5 per share for FY 2026.