Blue Star Ltd (BLUESTARCO)

Blue Star AC with Hydrophilic Blue Fins and Copper Condensers - 16 May, 2024

The Blue Star 1.5 Ton AC comes equipped with Turbo-cool, Dust filters, Hydrophilic Blue Fins, Copper condensers, and Ambient cooling. It is an ideal long-term investment for small to medium rooms priced at Rs. 36,849.

Blue Star Expects Moderate Growth in Summer Season - 15 May, 2024

B Thiagarajan, MD of Blue Star, expects a moderate growth rate of 30-40% in the overall summer season despite strong sales in March and April. The AC industry had a great FY24.

AC Industry Faces Scarcity of Products Due to High Demand - 14 May, 2024

Voltas, Daikin, and Blue Star have reported a scarcity of AC products due to unprecedented demand driven by scorching temperatures. Executives estimate a loss of 400,000-500,000 units amounting to Rs 1,200-1,500 crore in potential business. April witnessed substantial growth in sales ranging from 70% to 90%, leading to shortages in various regions.

Blue Star Reports Surge in AC Sales - 12 May, 2024

Blue Star's MD, B Thiagarajan, reported a 70-90% surge in AC sales in April compared to the previous year due to an unexpected demand surge after elections.

Blue Star's Accrual Ratio Indicates Lower Free Cashflow - 10 May, 2024

Blue Star Limited's accrual ratio from cashflow for the year to March 2024 is 0.31, indicating significantly lower free cashflow than statutory profit. The company has also been diluting future earnings by issuing new shares, impacting shareholder returns.

Blue Star Focuses on Room ACs; Amazon Offers Discounts - 07 May, 2024

Blue Star's Managing Director states that the company will prioritize room air conditioners and fast execution of orders over market share growth. Meanwhile, Amazon Sale 2024 is offering discounts of up to 40% on Blue Star split ACs with additional exchange/cashback offers and EMI options.

Blue Star Reports Strong Revenue Growth - 06 May, 2024

Blue Star reported a 26.8% YoY growth in consolidated revenue at Rs. 3,328 crore, led by unitary products revenue, with operating profit up 35% YoY at Rs. 242 crore. The company plans to explore exports opportunities in countries like U.S. and Europe. Analysts maintain a BUY rating on the stock with a revised price target of Rs. 1,670.

Blue Star Ltd's Full-Year Results Beat Analyst Predictions - 05 May, 2024

Blue Star Ltd has released its full-year results, beating analyst predictions with revenues of ₹97b and EPS of ₹20.77. The current consensus from 19 analysts is for revenues of ₹117.0b in 2025, reflecting a 20% increase on revenue over the past year. Statutory earnings per share are predicted to leap 45% to ₹29.27. Analysts have increased their price target for Blue Star by 6.6% to ₹1,312.

Blue Star Reports Strong Revenue Growth in Q4 and FY2024 Results - 04 May, 2024

Blue Star reports strong YoY revenue growth in both Q4 and FY2024 results, with analysts forecasting continued growth over the next three years. The company's share price remains stable.

Blue Star Reports Strong YoY Growth in Net Sales for Q1 FY25 - 03 May, 2024

Blue Star reports strong YoY growth in net sales for Q1 FY25 with standalone and consolidated net sales increasing by 28.67% and 26.83%, respectively.

Blue Star Reports Mixed Results for Q4 and FY2024 - 02 May, 2024

Air conditioning and commercial refrigeration company Blue Star reported a decline in Q4 net profit but beat analyst estimates. The company also introduced a new WiFi inverter AC model. For the full fiscal year FY24, Blue Star reported growth in revenue from operations and operating profit. Overall, mixed results for Blue Star.

Blue Star ACs Featured in Amazon Sale - 30 Apr, 2024

During the upcoming Amazon Sale, customers can expect exciting offers on various products, including inverter ACs such as the Blue Star 1.0 Ton 3 Star Inverter Split AC.

Blue Star Aims to Increase Sales of Room Air Conditioners by 20% by FY25 - 26 Apr, 2024

Blue Star aims to capture a 20% increase in sales of room air conditioner business by the end of FY25. The company's revenue from operations rose 31.55% to Rs 7,977.32 crore in FY23 from Rs 6,064.08 crore in FY22. Its profit after tax (PAT) widened 1.4 times to Rs 400.69 crore in FY23 from Rs 168 crore in FY22.

Blue Star's EPS Grows by 79% YoY - 25 Apr, 2024

Blue Star has seen a significant growth in earnings per share (EPS) over the last year, with an increase from ₹13.05 to ₹23.33. The company also reported an encouraging revenue growth of 18% to ₹90b. Insiders hold a stake worth ₹39b, aligning their interests with shareholders.

Blue Star Ltd Stock Breaks Out of Consolidation - 23 Apr, 2024

The stock price of Blue Star Ltd has broken out from a two-week consolidation period, with rising volumes. The primary trend for the stock is bullish, with higher tops and bottoms on the weekly chart.

Blue Star Expects 25% Increase in Q1FY25 Residential AC Sales - 22 Apr, 2024

Blue Star Ltd anticipates a 25% increase in residential AC sales during the peak season of Q1FY25, with the Indian commercial refrigeration market set to double within four years. The company witnessed a remarkable 25% revenue surge and expressed optimism about the upcoming summer season for the industry.

Blue Star MD Predicts Doubling of Indian Commercial Refrigeration Market - 18 Apr, 2024

Blue Star's MD predicts that the Indian commercial refrigeration market will double to ₹10,000 crore in 4 years. The company has made significant investments and is expected to invest further in air conditioning due to modular expansion in cities.

Blue Star Launches Cost-Effective Inverter Split AC - 17 Apr, 2024

Blue Star has launched a 1-ton, 3-star inverter split AC with DigiQ and Penta sensors. The copper condensers increase the appliance's lifespan, making it cost-effective.