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BLUE STAR LTD. Q1 FY26 Results

BLUESTARCOQ1 FY26 Results
Filing
MetricValue (₹ Cr)vs Q4 FY25
Revenue3.0K25.8%
Total Income3.0K25.8%
Expenditure2.8K25.3%
PBT164.6433.9%
Net Profit120.8237.7%
OPM6.71%0.24pp
NPM4.03%0.77pp
EPS5.8837.7%
View full financials

Blue Star's Q1FY26 Consolidated Revenue Grows 4.1% to Rs 2,982 Crores Despite Weak Summer

06 Aug 2025 · 6 Aug 2025, 03:37 pm

Summary

Blue Star Limited's Q1FY26 consolidated revenue grew by 4.1% to Rs 2,982.25 crores, despite a weak summer due to unseasonal rains. The B2B businesses performed well, resulting in a modest overall growth for the quarter. The company maintains a robust order book for the upcoming quarters. However, the operating profit, profit before tax, and net profit declined compared to the same period last year. The company ended the quarter with a net cash position of Rs 370.92 crores. The revenue from Segment 1 grew by 35.9%, while the Unitary Products Segment recorded a 13.3% decline. The Professional Electronics and Industrial Systems Segment faced challenges, primarily in the Med Tech and Data Security businesses.

Key Highlights

  1. 1

    Q1FY26 consolidated revenue grew by 4.1% to Rs 2,982.25 crores

  2. 2

    Operating profit declined to Rs 199.99 crores (6.7% of Revenue)

  3. 3

    Profit before tax declined by 27.8% to Rs 163.23 crores

  4. 4

    Net profit declined to Rs 120.82 crores

  5. 5

    Revenue from Segment 1 grew by 35.9% to Rs 1412.46 crores

  6. 6

    Unitary Products Segment recorded a 13.3% decline to Rs 1499.37 crores

  7. 7

    Professional Electronics and Industrial Systems Segment faced challenges

Management Comments

V

Vir S. Advani

Chairman & Managing Director, Blue Star Limited

The first quarter of FY26 was impacted due to unseasonal rains during the summer season, resulting in a decline of Room Air Conditioners sales. We anticipate the demand to revive during the upcoming festive season. Further, our well-diversified portfolio of B2B products and solutions comprising, Electro-Mechanical Projects, Commercial Air Conditioning and Commercial Refrigeration, should help us partly offset the shortfall during the rest of the financial year. Aligned with our long-term vision for growth and innovation, we are committed to strategic investments in manufacturing, R&D, and digitalisation, while ensuring sustainable value creation for our stakeholders.

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