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BLUESTARCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Blue Star reported Q4 FY26 revenue of Rs 4,072 crore (up 1.3% YoY) with EBITDA margin improving to 8% from 7% last year, and net profit of Rs 227.2 crore. For full year FY26, revenue grew 3.6% to Rs 12,402 crore but net profit de-grew 4.3% to Rs 527.3 crore due to multiple headwinds including weak summer season, GST-related disruptions, energy label changes, and global trade uncertainties. The order book grew 10.5% to Rs 6,923 crore. Management indicated margin pressure for FY27 due to rising input costs and commodity prices but expects to pass on the 13% cumulative price increase (5% for energy label change plus 8% for raw materials/exchange rates). The company remains focused on core air conditioning and refrigeration business with no plans to diversify into white goods.
While Q4 showed margin improvement on cost controls, FY27 outlook signals continued margin pressure from commodity inflation and supply chain risks. The strong order book and data center expansion plans provide revenue visibility but investors should monitor pricing power and raw material cost pass-through capabilities.