Blue Star shares experienced a decline of 2.05% to Rs 1,663.30 in Tuesday's trading session, reflecting market volatility despite the company's strong underlying financial performance. The stock, which is a constituent of the Nifty Midcap 150 index, witnessed notable trading activity as investors assessed the company's recent financial results.

Quarterly Financial Performance Shows Seasonal Patterns

The company's quarterly financial results demonstrate the typical seasonal nature of the air conditioning and commercial refrigeration business. The consolidated revenue shows significant variation across quarters, reflecting peak demand periods and seasonal adjustments.

The March 2025 quarter recorded the highest performance with revenue of Rs 4,018.96 crore and net profit of Rs 194.40 crore, typically coinciding with the peak summer season demand for cooling solutions.

Strong Annual Growth Trajectory

Despite the daily stock price decline, Blue Star's annual consolidated financial performance reveals consistent and impressive growth over the past five years. The company has demonstrated remarkable expansion across all key financial metrics.

Revenue growth has been particularly strong, increasing from Rs 4,263.59 crore in 2021 to Rs 11,967.65 crore in 2025, representing a compound annual growth trajectory. Net profit has shown even more impressive growth, rising from Rs 98.06 crore to Rs 592.61 crore over the same period.

Key Financial Metrics and Operational Performance

The company's earnings before interest and taxes (EBIT) has grown substantially from Rs 209 crore in March 2021 to Rs 835 crore in March 2025, indicating improved operational efficiency and market expansion. The book value per share has increased from Rs 92.20 in 2021 to Rs 149.08 in 2025, reflecting enhanced shareholder value creation.

The debt-to-equity ratio has improved significantly, declining from 0.51 in 2021 to 0.07 in 2025, demonstrating stronger balance sheet management and reduced financial leverage. Return on equity has fluctuated but remains healthy at 19.28% in 2025 compared to 11.33% in 2021.

Corporate Actions and Shareholder Returns

Blue Star announced a final dividend of Rs 9.00 per share (450%) on May 7, 2025, with an effective date of July 18, 2025, reflecting the company's commitment to returning value to shareholders. The company had previously announced a bonus issue on May 4, 2023, with a 1:1 ratio and a record date of June 20, 2023.

Market Sentiment and Analysis

Moneycontrol analysis dated January 20, 2026, indicates a very bearish sentiment for the stock despite the strong fundamental performance. With the stock's last traded price at Rs 1,663.30, Blue Star witnessed a notable downturn in the session, highlighting the disconnect between short-term market movements and long-term business performance.

Blue Star Limited has announced its investor conference call to discuss the financial results for the third quarter and nine months ended December 31, 2025. The earnings call is scheduled for January 30, 2026, providing investors and analysts an opportunity to engage with the company's management team regarding its Q3FY26 performance.

Conference Call Details

The investor conference call will be held on Friday, January 30, 2026, at 11:30 AM IST. This announcement was made through a regulatory filing under Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Participation

The earnings call will feature key members of Blue Star's senior management team who will present the company's financial performance and address investor queries.

Key Management Participants:

• Mr. B. Thiagarajan - Managing Director
• Mr. Nikhil Sohoni - Group Chief Financial Officer

Access Options for Participants

Blue Star has provided multiple connectivity options to ensure seamless participation for investors and analysts. The company offers both premium and standard access methods to accommodate different participant preferences.

Premium Access - Diamond Pass™

For participants seeking immediate connection without wait time, Blue Star offers Diamond Pass™, a premium service that enables direct conference access. Participants can register through the provided link to associate their pin with the call.

Standard Dial-In Numbers

Regular participants can use the universal dial-in numbers, with the company recommending connection 5-10 minutes prior to the scheduled time.

Regulatory Compliance

The announcement was made in compliance with regulatory requirements, with Company Secretary & Compliance Officer Rajesh Parte signing the official communication to stock exchanges. The information has also been made available on the company's website at www.bluestarindia.com , ensuring transparent communication with all stakeholders.

For RSVP and additional information, participants can contact Adfactors PR Ltd representatives Snighter Albuquerque or Omkar Jalgaonkar through the provided contact details.