BSE: 500067 | NSE: BLUESTARCO | Air Conditioners | Small Cap
1. Is Blue Star Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Blue Star Ltd is a average quality company.
2. Is Blue Star Ltd undervalued or overvalued?
The key valuation ratios of Blue Star Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
3. Is Blue Star Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Blue Star Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||9.6%||13.8%||16.5%||12.9%||12.3%||11.7%||12%||11.5%||6.5%||11%||-|
|Value Creation Index ⓘ||-0.3||-0.0||0.2||-0.1||-0.1||-0.1||-0.1||-0.2||-0.5||-0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||0.8%||10.4%||14.6%||16.4%||4.7%||11.2%||0.1%||-19.7%||39.9%||-|
|Adj EPS ⓘ||5.3||10.2||14.4||11.8||11.6||12.5||12.9||13.6||4.7||13.6||38.1|
|YoY Gr. Rt. %||-||92.5%||40.5%||-17.9%||-1.4%||7.7%||2.7%||5.7%||-65.2%||188%||-|
|BVPS (₹) ⓘ||55||58.9||69.5||69||95.4||98.5||99.8||88.2||95.4||104.7||132.7|
|Adj Net Profit ⓘ||47.7||91.9||129||106||111||120||124||131||45.6||131||367|
|Cash Flow from Ops. ⓘ||40||84.1||192||271||129||-29||147||392||308||57.3||-|
|Debt/CF from Ops. ⓘ||9.3||5.3||1.7||1.1||1.2||-11||2.5||1.3||1.9||9.4||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||11%||3.2%||2%||188%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||9.9||18||22.4||14.9||12.9||12.9||13||14.4||5.2||13.6||32.1|
|Op. Profit Mgn % ⓘ||3.4||5.7||5.9||5.4||4.9||4.4||6.3||4.7||5.1||5.1||6|
|Net Profit Mgn % ⓘ||1.7||3.3||4.2||3||2.7||2.8||2.6||2.7||1.2||2.4||5|
|Debt to Equity ⓘ||0.8||0.8||0.5||0.5||0.2||0.3||0.4||0.6||0.6||0.5||0|
|Working Cap Days ⓘ||265||277||249||192||157||182||189||185||217||175||138|
|Cash Conv. Cycle ⓘ||43||40||28||15||11||24||15||14||3||6||10|
Return on Equity has increased versus last 3 years average to 32.10%
Debt to equity has declined versus last 3 years average to 0.54
Sales growth is good in last 4 quarters at 41.91%
Sales growth has been subdued in last 3 years 3.97%
Net Profit has been subdued in last 3 years 1.96%
|TTM EPS (₹)||38.1||41.6|
|TTM Sales (₹ Cr.)||7,353||7,977|
|BVPS (₹.) ⓘ||132.7||138.2|
|Reserves (₹ Cr.) ⓘ||1,259||1,311|
|From the Market|
|52 Week Low / High (₹)||860.00 / 1550.00|
|All Time Low / High (₹)||3.74 / 1550.00|
|Market Cap (₹ Cr.)||14,061|
|Equity (₹ Cr.)||19.3|
|Face Value (₹)||2|
|Industry PE ⓘ||25.7|
Blue Star is India's leading air conditioning and commercial refrigeration company. The company has huge stores for room ACs, packaged air conditioners, chillers, cold rooms as well as refrigeration products and systems. Blue Star’s integrated business model of a manufacturer, contractor and after-sales service provider enables it to offer an end-to-end solution to its customers, which has proved to be a significant differentiator in the marketplace. In fact, every third commercial building in India has a Blue Star product installed.
The Company fulfills the cooling requirements of a large number of corporate, commercial as well as residential customers. Blue Star has also forayed into the residential water purifiers business with a stylish and differentiated range including India’s first RO+UV Hot & Cold water purifier; as well as the air purifiers and air coolers businesses. The Company also offers expertise in allied contracting activities such as electrical, plumbing, fire-fighting and industrial projects, in order to offer turnkey solutions, apart from execution of specialised industrial projects.
Blue Star's other businesses include marketing and maintenance of imported professional electronics and industrial products and systems, which is handled by a wholly owned subsidiary of the Company called Blue Star Engineering & Electronics Ltd. The Company has manufacturing facilities at Dadra, Himachal Pradesh, Wada and Ahmedabad, which use modern, state-of-the-art manufacturing equipment to ensure that the products have consistent quality and reliability.
Business area of the company
Blue Star offers one of India’s widest range of air conditioning and commercial refrigeration products, as well as a comprehensive range of air purifiers, water purifiers, air coolers, cold storages and specialty products. The diverse air conditioning product range serves both commercial and residential segments, and includes a solution for every need. Blue Star serves homes through precision inverter, split and window ACs. Commercial complexes and condominiums are served through a wide range of state-of-the-art VRFs and ducted systems. Showrooms, offices and ATMs use the Company’s commercial solutions including a range of standard split ACs as well as mega split, cassette, and verticool ACs. Blue Star’s chillers adorn landmark buildings and mega structures such as airports, malls, hospitals and industrial establishments.
Awards and recognitions
History and milestones