BLUESTARCONSEBlue Star Limited· AirconditionersMediumNeutral
Announced Thu, 8 May · 11:29 IST

Blue Star Limited has informed the Exchange regarding 'Investor Update for the Fourth Quarter and Financial Year ended March 31, 2025'.

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

BLUESTARCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Blue Star reported a strong FY25 with consolidated revenue growing 23.6% to Rs 11,976.65 crores and PBT (before exceptional items) rising 38.6% to Rs 772.42 crores. Net profit grew to Rs 591.28 crores (4.9% margin) from Rs 414.31 crores, with EBITDA margin improving 40 bps to 7.3%. Carried forward order book hit a record Rs 6,263 crores (+9.9% YoY), with Electro-Mechanical Projects order book at Rs 4,755 crores. In Q4FY25 alone, revenue grew 20.8% to Rs 4,019 crores, though EBITDA margin dipped slightly to 7.0% from 7.3% YoY. Room AC sales crossed 1.53 million units, with market share near 14%. The Board recommended a final dividend of Rs 9 per share (up from Rs 7). The company remains net cash positive at Rs 640 crores and is optimistic about FY26, citing a strong summer forecast, healthy order pipeline, and potential India-US trade deal benefits.

Likely market impact

Positive for shareholders: record revenue, profit, order book, and a higher dividend signal strong business momentum. The slightly softer Q4 EBITDA margin and below-expectation April'25 AC growth are minor watchpoints, but the diversified order pipeline and net cash position provide comfort for FY26 growth.