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Last Updated on: 22 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Blue Star Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 21, 2025, 2:11 pm

Market Cap 42,050 Cr.
Current Price 2,045
High / Low 2,420/1,376
Stock P/E76.8
Book Value 133
Dividend Yield0.35 %
ROCE25.5 %
ROE21.2 %
Face Value 2.00
PEG Ratio1.96

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Blue Star Ltd

Competitors of Blue Star Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Johnson Controls-Hitachi Air Condition. India Ltd (JCHAC) 4,905 Cr. 1,804 2,621/1,13092.7 2170.00 %7.35 %7.81 % 10.0
Blue Star Ltd 42,050 Cr. 2,045 2,420/1,37676.8 1330.35 %25.5 %21.2 % 2.00
Industry Average23,477.50 Cr1,924.5084.75175.000.18%16.43%14.51%6.00

All Competitor Stocks of Blue Star Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 1,5062,2541,9771,5821,7942,6242,2261,8902,2413,3282,8652,2762,807
Expenses 1,4162,1111,8541,4971,6902,4452,0811,7682,0863,0862,6282,1272,599
Operating Profit 9114312386104179145123155242238149209
OPM % 6%6%6%5%6%7%7%6%7%7%8%7%7%
Other Income 14711951799131313241921
Interest 121311121418181810128616
Depreciation 22232224162323232328283035
Profit before tax 70114101588031711495134214226131179
Tax % 32%33%26%26%27%29%27%26%25%25%25%27%26%
Net Profit 4876744358225837110016016996132
EPS in Rs 2.473.953.862.213.0311.704.333.444.887.818.214.686.45

Last Updated: March 3, 2025, 5:11 pm

Below is a detailed analysis of the quarterly data for Blue Star Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is 2,807.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,276.00 Cr. (Sep 2024) to 2,807.00 Cr., marking an increase of 531.00 Cr..
  • For Expenses, as of Dec 2024, the value is 2,599.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,127.00 Cr. (Sep 2024) to 2,599.00 Cr., marking an increase of 472.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is 209.00 Cr.. The value appears strong and on an upward trend. It has increased from 149.00 Cr. (Sep 2024) to 209.00 Cr., marking an increase of 60.00 Cr..
  • For OPM %, as of Dec 2024, the value is 7.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 7.00%.
  • For Other Income, as of Dec 2024, the value is 21.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Sep 2024) to 21.00 Cr., marking an increase of 2.00 Cr..
  • For Interest, as of Dec 2024, the value is 16.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.00 Cr. (Sep 2024) to 16.00 Cr., marking an increase of 10.00 Cr..
  • For Depreciation, as of Dec 2024, the value is 35.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 30.00 Cr. (Sep 2024) to 35.00 Cr., marking an increase of 5.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is 179.00 Cr.. The value appears strong and on an upward trend. It has increased from 131.00 Cr. (Sep 2024) to 179.00 Cr., marking an increase of 48.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Sep 2024) to 26.00%, marking a decrease of 1.00%.
  • For Net Profit, as of Dec 2024, the value is 132.00 Cr.. The value appears strong and on an upward trend. It has increased from 96.00 Cr. (Sep 2024) to 132.00 Cr., marking an increase of 36.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 6.45. The value appears strong and on an upward trend. It has increased from 4.68 (Sep 2024) to 6.45, marking an increase of 1.77.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:40 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 2,9242,9343,1823,7984,3854,6395,2355,3604,2646,0647,9779,68511,276
Expenses 2,8342,7843,0143,6314,1624,3724,8875,0774,0245,7177,4789,01710,439
Operating Profit 90150168167223266348283240347500669837
OPM % 3%5%5%4%5%6%7%5%6%6%6%7%7%
Other Income 3618-34663422264065361954476
Interest 53544943382948296546555842
Depreciation 333843576164758892868598121
Profit before tax 417643132159196251206148251555557750
Tax % 6%3%-18%21%23%25%17%32%32%33%28%26%
Net Profit 397854106123144190144101168401414557
EPS in Rs 2.174.313.015.826.447.509.877.445.218.7120.7920.1827.15
Dividend Payout % 73%46%83%56%58%67%51%67%38%57%29%35%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)100.00%-30.77%96.30%16.04%17.07%31.94%-24.21%-29.86%66.34%138.69%3.24%
Change in YoY Net Profit Growth (%)0.00%-130.77%127.07%-80.26%1.04%14.87%-56.15%-5.65%96.20%72.35%-135.45%

Blue Star Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:13%
5 Years:13%
3 Years:31%
TTM:26%
Compounded Profit Growth
10 Years:18%
5 Years:17%
3 Years:78%
TTM:53%
Stock Price CAGR
10 Years:29%
5 Years:49%
3 Years:53%
1 Year:40%
Return on Equity
10 Years:19%
5 Years:19%
3 Years:21%
Last Year:21%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:34 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 18181818191919191919194141
Reserves 3834434386127387748547638669981,3112,5692,692
Borrowings 422512398365221376348520510554662243349
Other Liabilities 1,3371,3631,3221,5301,6722,0682,1302,1372,1542,7413,4553,7583,389
Total Liabilities 2,1602,3362,1752,5252,6503,2363,3513,4393,5494,3135,4476,6116,471
Fixed Assets 2272552572593563924004443844338591,1651,349
CWIP 815221634254167721528312747
Investments 27333624211131517295162148267242
Other Assets 1,8972,0321,8602,0072,2502,8062,8952,9112,7993,5654,3575,0534,832
Total Assets 2,1602,3362,1752,5252,6503,2363,3513,4393,5494,3135,4476,6116,471

Below is a detailed analysis of the balance sheet data for Blue Star Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹41.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 41.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹2,692.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,569.00 Cr. (Mar 2024) to ₹2,692.00 Cr., marking an increase of 123.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹349.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 243.00 Cr. (Mar 2024) to ₹349.00 Cr., marking an increase of 106.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹3,389.00 Cr.. The value appears to be improving (decreasing). It has decreased from 3,758.00 Cr. (Mar 2024) to ₹3,389.00 Cr., marking a decrease of 369.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹6,471.00 Cr.. The value appears to be improving (decreasing). It has decreased from 6,611.00 Cr. (Mar 2024) to ₹6,471.00 Cr., marking a decrease of 140.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹1,349.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,165.00 Cr. (Mar 2024) to ₹1,349.00 Cr., marking an increase of 184.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹47.00 Cr.. The value appears to be declining and may need further review. It has decreased from 127.00 Cr. (Mar 2024) to ₹47.00 Cr., marking a decrease of 80.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹242.00 Cr.. The value appears to be declining and may need further review. It has decreased from 267.00 Cr. (Mar 2024) to ₹242.00 Cr., marking a decrease of 25.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹4,832.00 Cr.. The value appears to be declining and may need further review. It has decreased from 5,053.00 Cr. (Mar 2024) to ₹4,832.00 Cr., marking a decrease of 221.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹6,471.00 Cr.. The value appears to be declining and may need further review. It has decreased from 6,611.00 Cr. (Mar 2024) to ₹6,471.00 Cr., marking a decrease of 140.00 Cr..

Notably, the Reserves (2,692.00 Cr.) exceed the Borrowings (349.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +26672152571591925845035087243289
Cash from Investing Activity +-2011-49-4869-88-65-81-238-67-178-524
Cash from Financing Activity +-44-26-190-195-20351-181-167-70-82-76365
Net Cash Flow-3752-241325-181320242-62-11130

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-332.00-362.00-230.00-198.002.00-110.000.00-237.00-270.00-207.00-162.00426.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days939682767875785769727174
Inventory Days1401257910497152119116143125127106
Days Payable220222146211191228211211260223223198
Cash Conversion Cycle13-215-31-16-2-14-38-48-26-25-18
Working Capital Days435331162235311610222227
ROCE %11%14%15%20%20%20%25%19%13%20%25%26%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters38.78%38.78%38.79%38.79%38.79%38.91%36.49%36.50%36.50%36.53%36.46%36.46%
FIIs11.83%12.25%11.79%10.96%10.45%11.06%14.89%15.38%15.93%17.04%18.06%18.48%
DIIs22.44%22.06%23.07%24.64%25.13%24.51%25.24%24.82%24.69%23.56%22.84%22.19%
Public26.96%26.92%26.36%25.63%25.65%25.54%23.39%23.29%22.89%22.85%22.63%22.86%
No. of Shareholders56,50458,30648,63448,10956,94058,54659,44465,46572,94983,16794,6411,06,776

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Small Cap Fund9,400,0003.86822.693,435,0132025-04-22 14:12:25173.65%
Kotak Emerging Equity Fund - Regular Plan5,308,4201.37464.59N/AN/AN/A
Axis Small Cap Fund5,097,6142.76446.14N/AN/AN/A
SBI Multicap Fund4,550,2693398.24N/AN/AN/A
Kotak Small Cap Fund - Regular Plan4,061,6502.86355.48N/AN/AN/A
Nippon India Small Cap Fund2,769,3950.65242.38N/AN/AN/A
Kotak Equity Opportunities Fund - Regular Plan2,571,5071.45225.06N/AN/AN/A
Franklin India Smaller Companies Fund1,605,6321.45140.52N/AN/AN/A
SBI Large & Midcap Fund1,579,3760.88138.23N/AN/AN/A
Axis Multicap Fund1,160,9022.32101.6N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 20.7741.6017.4410.4214.87
Diluted EPS (Rs.) 20.7741.6017.4410.4214.87
Cash EPS (Rs.) 24.8850.3726.2619.7723.74
Book Value[Excl.RevalReserv]/Share (Rs.) 127.07138.51105.9792.2081.48
Book Value[Incl.RevalReserv]/Share (Rs.) 127.07138.51105.9792.2081.48
Revenue From Operations / Share (Rs.) 471.08828.38627.79442.74556.61
PBDIT / Share (Rs.) 34.6554.3839.6931.3834.01
PBIT / Share (Rs.) 29.9045.5730.7621.7924.87
PBT / Share (Rs.) 27.0857.6325.9415.0721.39
Net Profit / Share (Rs.) 20.1341.5717.3310.1814.61
NP After MI And SOA / Share (Rs.) 20.1841.5817.4210.4214.88
PBDIT Margin (%) 7.356.566.327.086.10
PBIT Margin (%) 6.345.504.894.924.46
PBT Margin (%) 5.746.954.133.403.84
Net Profit Margin (%) 4.275.012.762.292.62
NP After MI And SOA Margin (%) 4.285.012.772.352.67
Return on Networth / Equity (%) 15.8930.0916.4811.3318.30
Return on Capital Employeed (%) 22.4427.1622.0416.2926.80
Return On Assets (%) 6.267.413.882.824.16
Long Term Debt / Equity (X) 0.000.120.230.390.06
Total Debt / Equity (X) 0.060.430.460.510.57
Asset Turnover Ratio (%) 1.611.611.421.111.44
Current Ratio (X) 1.301.121.171.261.04
Quick Ratio (X) 0.930.740.780.870.69
Inventory Turnover Ratio (X) 4.333.893.362.551.85
Dividend Payout Ratio (NP) (%) 27.8524.0422.970.00134.46
Dividend Payout Ratio (CP) (%) 22.5419.8415.180.0083.29
Earning Retention Ratio (%) 72.1575.9677.030.00-34.46
Cash Earning Retention Ratio (%) 77.4680.1684.820.0016.71
Interest Coverage Ratio (X) 12.279.578.244.6711.11
Interest Coverage Ratio (Post Tax) (X) 8.135.204.602.525.91
Enterprise Value (Cr.) 25918.4213601.2910333.709149.764593.37
EV / Net Operating Revenue (X) 2.681.701.712.150.85
EV / EBITDA (X) 36.3825.9727.0430.2814.03
MarketCap / Net Operating Revenue (X) 2.701.661.672.120.82
Retention Ratios (%) 72.1475.9577.020.00-34.46
Price / BV (X) 10.019.979.9510.205.67
Price / Net Operating Revenue (X) 2.701.661.672.120.82
EarningsYield 0.010.030.010.010.03

After reviewing the key financial ratios for Blue Star Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 20.77. This value is within the healthy range. It has decreased from 41.60 (Mar 23) to 20.77, marking a decrease of 20.83.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 20.77. This value is within the healthy range. It has decreased from 41.60 (Mar 23) to 20.77, marking a decrease of 20.83.
  • For Cash EPS (Rs.), as of Mar 24, the value is 24.88. This value is within the healthy range. It has decreased from 50.37 (Mar 23) to 24.88, marking a decrease of 25.49.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 127.07. It has decreased from 138.51 (Mar 23) to 127.07, marking a decrease of 11.44.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 127.07. It has decreased from 138.51 (Mar 23) to 127.07, marking a decrease of 11.44.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 471.08. It has decreased from 828.38 (Mar 23) to 471.08, marking a decrease of 357.30.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 34.65. This value is within the healthy range. It has decreased from 54.38 (Mar 23) to 34.65, marking a decrease of 19.73.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 29.90. This value is within the healthy range. It has decreased from 45.57 (Mar 23) to 29.90, marking a decrease of 15.67.
  • For PBT / Share (Rs.), as of Mar 24, the value is 27.08. This value is within the healthy range. It has decreased from 57.63 (Mar 23) to 27.08, marking a decrease of 30.55.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 20.13. This value is within the healthy range. It has decreased from 41.57 (Mar 23) to 20.13, marking a decrease of 21.44.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 20.18. This value is within the healthy range. It has decreased from 41.58 (Mar 23) to 20.18, marking a decrease of 21.40.
  • For PBDIT Margin (%), as of Mar 24, the value is 7.35. This value is below the healthy minimum of 10. It has increased from 6.56 (Mar 23) to 7.35, marking an increase of 0.79.
  • For PBIT Margin (%), as of Mar 24, the value is 6.34. This value is below the healthy minimum of 10. It has increased from 5.50 (Mar 23) to 6.34, marking an increase of 0.84.
  • For PBT Margin (%), as of Mar 24, the value is 5.74. This value is below the healthy minimum of 10. It has decreased from 6.95 (Mar 23) to 5.74, marking a decrease of 1.21.
  • For Net Profit Margin (%), as of Mar 24, the value is 4.27. This value is below the healthy minimum of 5. It has decreased from 5.01 (Mar 23) to 4.27, marking a decrease of 0.74.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.28. This value is below the healthy minimum of 8. It has decreased from 5.01 (Mar 23) to 4.28, marking a decrease of 0.73.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 15.89. This value is within the healthy range. It has decreased from 30.09 (Mar 23) to 15.89, marking a decrease of 14.20.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 22.44. This value is within the healthy range. It has decreased from 27.16 (Mar 23) to 22.44, marking a decrease of 4.72.
  • For Return On Assets (%), as of Mar 24, the value is 6.26. This value is within the healthy range. It has decreased from 7.41 (Mar 23) to 6.26, marking a decrease of 1.15.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.12 (Mar 23) to 0.00, marking a decrease of 0.12.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.06. This value is within the healthy range. It has decreased from 0.43 (Mar 23) to 0.06, marking a decrease of 0.37.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.61. There is no change compared to the previous period (Mar 23) which recorded 1.61.
  • For Current Ratio (X), as of Mar 24, the value is 1.30. This value is below the healthy minimum of 1.5. It has increased from 1.12 (Mar 23) to 1.30, marking an increase of 0.18.
  • For Quick Ratio (X), as of Mar 24, the value is 0.93. This value is below the healthy minimum of 1. It has increased from 0.74 (Mar 23) to 0.93, marking an increase of 0.19.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.33. This value is within the healthy range. It has increased from 3.89 (Mar 23) to 4.33, marking an increase of 0.44.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 27.85. This value is within the healthy range. It has increased from 24.04 (Mar 23) to 27.85, marking an increase of 3.81.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 22.54. This value is within the healthy range. It has increased from 19.84 (Mar 23) to 22.54, marking an increase of 2.70.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 72.15. This value exceeds the healthy maximum of 70. It has decreased from 75.96 (Mar 23) to 72.15, marking a decrease of 3.81.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 77.46. This value exceeds the healthy maximum of 70. It has decreased from 80.16 (Mar 23) to 77.46, marking a decrease of 2.70.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 12.27. This value is within the healthy range. It has increased from 9.57 (Mar 23) to 12.27, marking an increase of 2.70.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 8.13. This value is within the healthy range. It has increased from 5.20 (Mar 23) to 8.13, marking an increase of 2.93.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 25,918.42. It has increased from 13,601.29 (Mar 23) to 25,918.42, marking an increase of 12,317.13.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.68. This value is within the healthy range. It has increased from 1.70 (Mar 23) to 2.68, marking an increase of 0.98.
  • For EV / EBITDA (X), as of Mar 24, the value is 36.38. This value exceeds the healthy maximum of 15. It has increased from 25.97 (Mar 23) to 36.38, marking an increase of 10.41.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.70. This value is within the healthy range. It has increased from 1.66 (Mar 23) to 2.70, marking an increase of 1.04.
  • For Retention Ratios (%), as of Mar 24, the value is 72.14. This value exceeds the healthy maximum of 70. It has decreased from 75.95 (Mar 23) to 72.14, marking a decrease of 3.81.
  • For Price / BV (X), as of Mar 24, the value is 10.01. This value exceeds the healthy maximum of 3. It has increased from 9.97 (Mar 23) to 10.01, marking an increase of 0.04.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.70. This value is within the healthy range. It has increased from 1.66 (Mar 23) to 2.70, marking an increase of 1.04.
  • For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.03 (Mar 23) to 0.01, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Blue Star Ltd as of April 22, 2025 is: 1,738.43

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 22, 2025, Blue Star Ltd is Overvalued by 14.99% compared to the current share price 2,045.00

Intrinsic Value of Blue Star Ltd as of April 22, 2025 is: 2,418.49

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 22, 2025, Blue Star Ltd is Undervalued by 18.26% compared to the current share price 2,045.00

Last 5 Year EPS CAGR: 39.12%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 19.00%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 27.33, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -16.00, which is a positive sign.
  4. The company has higher reserves (1,033.92 cr) compared to borrowings (421.54 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (5.00 cr) and profit (258.85 cr) over the years.

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Blue Star Ltd:
      1. Net Profit Margin: 4.27%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 22.44% (Industry Average ROCE: 16.43%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 15.89% (Industry Average ROE: 14.51%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 8.13
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 0.93
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 76.8 (Industry average Stock P/E: 84.75)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0.06
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    Blue Star Ltd. is a Public Limited Listed company incorporated on 20/01/1949 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L28920MH1949PLC006870 and registration number is 006870. Currently Company is involved in the business activities of Other electrical electrical installation. Company's Total Operating Revenue is Rs. 8998.88 Cr. and Equity Capital is Rs. 41.12 Cr. for the Year ended 31/03/2024.
    INDUSTRYADDRESSCONTACT
    Air ConditionersKasturi Buildings, Mumbai Maharashtra 400020investorcomplaints@bluestarindia.com
    http://www.bluestarindia.com
    Management
    NamePosition Held
    Mr. Vir S AdvaniChairman & Managing Director
    Mr. B ThiagarajanManaging Director
    Ms. Sunaina MurthyNon Executive Director
    Mr. Dinesh N VaswaniNon Executive Director
    Mr. Rajiv R LullaNon Executive Director
    Mr. Anil HarishIndependent Director
    Mrs. Anita RamachandraIndependent Director
    Mr. Sam BalsaraIndependent Director
    Mr. Arvind K SinghalIndependent Director
    Mr. G MurlidharIndependent Director
    Mr. Vipin SondhiIndependent Director

    FAQ

    What is the intrinsic value of Blue Star Ltd?

    Blue Star Ltd's intrinsic value (as of 22 April 2025) is ₹1738.43 — 14.99% lower the current market price of 2,045.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 42,050 Cr. market cap, FY2025-2026 high/low of ₹2,420/1,376, reserves of 2,692 Cr, and liabilities of 6,471 Cr.

    What is the Market Cap of Blue Star Ltd?

    The Market Cap of Blue Star Ltd is 42,050 Cr..

    What is the current Stock Price of Blue Star Ltd as on 22 April 2025?

    The current stock price of Blue Star Ltd as on 22 April 2025 is 2,045.

    What is the High / Low of Blue Star Ltd stocks in FY 2025-2026?

    In FY 2025-2026, the High / Low of Blue Star Ltd stocks is ₹2,420/1,376.

    What is the Stock P/E of Blue Star Ltd?

    The Stock P/E of Blue Star Ltd is 76.8.

    What is the Book Value of Blue Star Ltd?

    The Book Value of Blue Star Ltd is 133.

    What is the Dividend Yield of Blue Star Ltd?

    The Dividend Yield of Blue Star Ltd is 0.35 %.

    What is the ROCE of Blue Star Ltd?

    The ROCE of Blue Star Ltd is 25.5 %.

    What is the ROE of Blue Star Ltd?

    The ROE of Blue Star Ltd is 21.2 %.

    What is the Face Value of Blue Star Ltd?

    The Face Value of Blue Star Ltd is 2.00.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Blue Star Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE