profit from every ₹100 of sales.

Blue Star
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹61.48 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Blue Star sold, what it kept, and what it did with the cash.
Sales went from ₹79.0 billion in 2023 to ₹124 billion in 2026, with ₹5.28 billion of profit last year.
Blue Star vs. similar companies
Blue Star grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
Blue Star | 61.5× · Very expensive | ||
Trane Technologies | 31.8× · Expensive | ||
Johnson Controls International | 26.2× · Fair price | ||
Carrier Global | 30.0× · Fair price | ||
Compagnie de Saint-Gobain | 12.8× · Cheap |
AI analysis
An AI analyst reads Blue Star's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 78,985 | 95,757 | 119,677 | 124,020 | |
| 16,916 | 21,545 | 28,933 | 28,599 | |
| 4,234 | 5,801 | 7,476 | 7,516 | |
| 6,871 | 7,059 | 9,621 | 9,540 | |
| 4,005 | 4,150 | 5,912 | 5,277 | |
| 20.79 | 20.77 | 28.76 | 25.65 | |
| 21.4% | 22.5% | 24.2% | 23.1% | |
| 5.4% | 6.1% | 6.2% | 6.1% | |
| 5.1% | 4.3% | 4.9% | 4.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 54,472 | 66,183 | 82,575 | 85,760 |
| Cash | 2,394 | 3,736 | 4,256 | 3,690 |
| Total debt | 6,620 | 2,429 | 3,810 | 8,100 |
| Total liabilities | 41,134 | 40,056 | 51,899 | 51,421 |
| 13,307 | 26,101 | 30,650 | 34,314 | |
| 193 | 199 | 206 | 206 | |
| 23.9% | 16.8% | 19.1% | 14.4% | |
| 30.1% | 15.9% | 19.3% | 15.4% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 2,432 | 2,892 | 6,881 | 1,538 | |
| 3,604 | 4,410 | 3,720 | 3,290 | |
| -1,171 | -1,517 | 3,160 | -1,752 | |
| Dividends paid | 964 | 1,158 | 1,439 | 1,848 |
| – | – | – | – | |
| – | 0 | 37 | 75 |
Valuation
- 61.5×
- –
- 8.47
- 9.3×
- 2.6×
- –
- 34.5×
- -0.5%
- 1.6%
- 0.6%
Profitability
- 23.1%
- 6.1%
- 4.3%
- –
- 13.7%
- 17.6%
- –
- –
- –
- –
Growth
- +16.2%
- +7.3%
- –
- –
- +2.2%
Financial health
- 0.5×
- 0.24
- –
- 10.7×
- 1.31
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
35.0% of its profit
Room to growStretchedMore than it earnsNews
Real estate stocks gain as the Blue Wave sends Treasury yields lowerSeeking Alpha · Nov 7, 2026’Blue tsunami’ batters AI stocks: Is this a rare buy the dip setup?Yahoo Finance · Nov 6, 2026Evercore Names 5 Tech Stocks to Own After Blue WaveYahoo Finance · Nov 5, 2026Alphabet, Amazon, and Microsoft All Surged Today. You Can Thank the Big Blue Wave.Yahoo Finance · Nov 4, 2026Ironically, the Blue Wave Could Make Hyperscalers “Good Businesses Again” by Forcing Capex DisciplineYahoo Finance · Nov 4, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Blue Star
Is Blue Star a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Blue Star AI analysis
What does Blue Star do?
Blue Star Limited operates as a heating, ventilation, air conditioning, and commercial refrigeration (HVAC&R) company in India. It is in Building Products & Equipment, based in Mumbai, India, with 3,576 employees.
Does Blue Star pay a dividend?
Yes. At today's price the dividend is 0.6% a year, about 35% of its yearly profit. In 2026 it paid out ₹1.85 billion in dividends.
Is Blue Star stock halal?
Yes. Blue Star passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Blue Star stock done over the past year?
Down 10.6% over the past twelve months, to ₹1,578.00. It traded between ₹1,447.10 and ₹2,017.90 and is 21.8% below its high.
Who are Blue Star's competitors?
The largest listed companies in the same industry are Trane Technologies, Johnson Controls International, Carrier Global and Compagnie de Saint-Gobain. The peers table on this page compares their profit, growth and price with Blue Star's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



