Blue Star Limited has informed the Exchange regarding a press release dated May 06, 2026, titled "Blue Star s Revenue grows by 3.6%to Rs 12,402 crores and PBIDTA excluding Other Income grows by 6.2% to Rs 930 crores in FY26 despite a challenging year; registers Net Profit of Rs 527 crores".
BLUESTARCO · price
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Blue Star reported FY26 revenue of Rs 12,402 crores, up 3.6% YoY, despite a challenging year with multiple headwinds. Operating profit (PBIDTA) grew 6.2% to Rs 930 crores with margins improving to 7.5% from 7.3%, driven by cost management. However, net profit declined 10.8% to Rs 527 crores due to exceptional items (Rs 38.83 crores for labour code adjustments) and higher finance costs. Q4FY26 showed strong recovery with net profit up 17.1% to Rs 227 crores. Order book grew 10.5% to Rs 6,923 crores, indicating strong future revenue visibility. Segment-wise, Electro-Mechanical Projects and Commercial AC grew 12.8%, while Unitary Products declined 5.1% due to Room AC business being impacted by unseasonal monsoon in Q1. The Board recommended dividend of Rs 8.5 per share (down from Rs 9).
The company showed resilience with revenue and margin growth despite challenges. The strong order book growth (10.5%) is positive for future revenues. However, the decline in net profit, reduced cash balance (from Rs 640 crores to Rs 175 crores), and increased finance costs may concern investors. The Q4 recovery and chairman's cautiously optimistic outlook for FY27 are encouraging signs.