Board approves Dividend

Dividend CutCorporate Actions View source PDF Explain this filing

BLUESTARCO · price

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

Price reactionminutes from the announcement price · days from the prior close

-3.0%Reaction day

₹1805.00

prior close

₹1823.60

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.1%-4.1% vs market

Household Appliances peers, median of 23sector+0.3%-3.3% vs sector

On the reaction day the stock moved 4.1 pts less than Nifty Midcap 150 and 3.3 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-2.1

15m

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30m

-3.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.0+1.1-4.1+0.3-3.3

Next day

-6.3+1.0-7.2-0.4-5.9

-7.7-0.1-7.5-1.7-5.9

-9.5-2.7-6.8-4.5-5.0

-9.4-2.0-7.4-2.8-6.6

-7.5-0.9-6.6-4.2-3.2

-9.3-1.6-7.7-5.3-4.0

15d

-11.5+0.1-11.5-4.1-7.3

-13.9-2.8-11.1-9.2-4.6

-10.7+1.6-12.3-6.7-4.0

-16.1+3.6-19.7-6.6-9.5

UpDownMarket · Nifty Midcap 150Sector · Household Appliances peers, median of 23Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Blue Star Limited's Board has recommended a final dividend of Rs 8.5 per equity share (face value Rs 2) for FY26, subject to shareholder approval at the AGM on August 6, 2026. The record date is July 17, 2026. This represents a dividend cut from Rs 9 per share paid in FY25. For FY26, the company reported consolidated revenue of Rs 12,402 crore (up 3.6% YoY) but net profit fell to Rs 527 crore from Rs 591 crore in FY25, impacted by a one-time labour code adjustment and lower other income. Standalone PAT was Rs 385 crore. The company has maintained healthy financial metrics with net worth of Rs 3,431 crore and debt equity ratio of 0.18.

Likely market impact

The dividend cut from Rs 9 to Rs 8.5 per share signals reduced profitability this year, which could disappoint income-focused investors. However, the underlying business shows revenue growth and strong balance sheet, suggesting this is a temporary pullback rather than a structural concern.