Blue Star stock analysis 2026 | Price, valuation & outlook

Blue Star

BSE:500067

Rp 1.610,50

Rp-64,55 (-3,85%)

1.610,50 Rp

Rp-64,55 (-3,85%)

End-of-day quote: 03/31/2026

Blue Star Stock Value

Analysts currently rate Blue Star as Hold.

Hold

Blue Star Company Info

EPS Growth 5Y

30,14%

Market Cap

Rp344,42 B

Long-Term Debt

Rp1,62 B

Annual earnings

05/02/2026 (E)

Dividend

Rp9,02

Dividend Yield

0,56%

Founded

1943

Industry

Industrials

Country

India

Website

Blue Star

ISIN Number

INE472A01039

Website

http://www.bluestarindia.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp1.930,00

19.84%

Last Update: 03/31/2026

Analysts: 23

Highest Price Target Rp2.260,00

Average Price Target Rp1.930,00

Lowest Price Target Rp1.114,00

In the last five quarters, Blue Star’s Price Target has risen from Rp1.732,06 to Rp1.901,28 - a 9,77% increase. Eighteen analysts predict that Blue Star’s share price will increase in the coming year, reaching Rp1.930,00. This would represent an increase of 19,84%.

Top growth stocks in the industrials sector (5Y.)

What does Blue Star do?

Blue Star Limited primarily engaged in providing comprehensive services in the fields of air-conditioning, refrigeration, and professional electronic systems. Business Segments The company is organized into three principal business segments: Electro-Mechanical Projects and Commercial Air-conditioning Systems This segment includes a wide range of services including central air conditioning projects, electrical contracting, and the manufacturing of air conditioning systems. Unitary Products...

Blue Star Limited primarily engaged in providing comprehensive services in the fields of air-conditioning, refrigeration, and professional electronic systems.

Business Segments

The company is organized into three principal business segments:

Electro-Mechanical Projects and Commercial Air-conditioning Systems

This segment includes a wide range of services including central air conditioning projects, electrical contracting, and the manufacturing of air conditioning systems.

Unitary Products

This segment encompasses cooling appliances and cold storage solutions, which includes various models of air conditioners and related products.

Professional Electronics and Industrial Systems

This segment offers a comprehensive range of products and services, including testing equipment, medical instruments, analytical systems, and data communications gear.

Business Strategy

The company's business strategy is centered around innovation and customer focus. The company emphasizes the incorporation of cutting-edge technology in its offerings, ensuring that products meet contemporary demands and are forward-thinking.

Furthermore, the company’s strategy involves building lasting relationships with customers by providing personalized solutions tailored to their unique needs. This customer-centric approach is supported by extensive after-sales service, ensuring customer satisfaction and loyalty.

In response to market changes and customer preferences, the company continuously adapts its product offerings and expands its service. This agility, combined with a commitment to quality and reliability, positions the company as a preferred partner for customers seeking comprehensive air conditioning and refrigeration solutions.

Products and Services

The company's offerings include a wide range of products and services across its three main segments:

Electro-Mechanical Projects and Commercial Air-conditioning Systems: The company provides integrated solutions for commercial air conditioning, including design, installation, and maintenance. It caters to significant infrastructure projects, educational institutions, and healthcare facilities, ensuring optimal climate control solutions.

Unitary Products: The company’s product range includes window, split, and ducted air conditioning units, designed for energy efficiency and cost-effectiveness. The company also offers cold storage solutions for industries including hospitality, pharmaceuticals, and perishables.

Professional Electronics and Industrial Systems: This segment includes products such as precision instruments for testing and monitoring, data communication equipment, and medical devices suited for diverse applications within industrial and healthcare sectors.

Geographical Markets Served

The company operates primarily in the Indian market but has expanded its footprint internationally.

Seasonality

The company experiences certain seasonal fluctuations in demand, particularly during the peak summer months when the need for air conditioning increases significantly. This seasonality impacts production schedules, workforce allocation, and inventory management. Understanding these cycles enables the company to plan effectively, ensuring adequate supply and service readiness during high-demand periods while maintaining operational efficiency throughout the year.

Customers

The company serves a diverse array of customers across different categories, including individual consumers, large corporations, government entities, educational institutions, healthcare facilities, and various industrial clients. By addressing the specific requirements of each category, the company ensures tailored solutions that resonate well with its broad customer base.

Sales and Marketing

The company employs multiple marketing and distribution strategies to effectively reach its customers. The company utilizes a direct sales model supported by a robust network of channel partners and distributors spanning both urban and rural areas. This multi-channel approach enhances market accessibility and ensures comprehensive service coverage across regions. The company invests in marketing campaigns aimed at increasing brand visibility and educating customers about its product offerings while maintaining a strong focus on customer engagement through service excellence.

History

Blue Star Limited was founded in 1943. The company was incorporated in 1949.

Blue Star Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Air conditioners and cooling devices: 60% - Electrical and electronic products: 25% - Services (installation and maintenance): 15% **Top 3 markets:** - India: 65% - Middle East: 20% - Southeast Asia: 10% Blue Star Limited generates the majority of its revenu...

At which locations are the company’s products manufactured?

**Production sites of Blue Star Limited:** 1. **Wada, Maharashtra** 2. **Himachal Pradesh** 3. **Ahmedabad, Gujarat** Blue Star Limited is a leading company in the air conditioning and refrigeration industry in India. The company operates multiple production facilities in the country to manufactur...

What strategy does Blue Star pursue for future growth?

**Revenue Growth:** 18.5% (2024) **Profit Growth:** 14.2% (2024) Blue Star Limited is pursuing a multi-pronged growth strategy to further strengthen its market position and explore new business areas. A key component of this strategy is the expansion into international markets, particularly in...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials:** Copper, Aluminum, Steel **Countries of Origin:** - **Copper:** Chile, Peru - **Aluminum:** China, Russia - **Steel:** South Korea, Japan Blue Star Limited, a leading company in the air conditioning and refrigeration industry, imports a variety of raw materials cruc...

How strong is the company’s competitive advantage?

**Market Share:** 12% (2025, estimated) **EBITDA Margin:** 8.5% (2024) **R&D Expenses:** 3% of revenue (2024) Blue Star Limited has a solid competitive advantage in the air conditioning and refrigeration sector in India. With an estimated market share of 12% in 2025, the company is one of the l...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 40% (estimated for 2025) **Insider Buys/Sells:** No significant transactions in the last year (2024) The institutional investor share in Blue Star Limited is estimated to be around 40%. This indicates a strong trust by institutional investors in the company's...

What percentage market share does Blue Star have?

**Market share of Blue Star Limited:** 12% (2025, estimated) **Top competitors and their market shares:** 1. **Voltas Limited:** 18% 2. **LG Electronics:** 15% 3. **Daikin Industries:** 14% 4. **Blue Star Limited:** 12% 5. **Samsung Electronics:** 10% 6. **Hitachi:** 8% 7. **Carrier:** 7% 8. **Whir...

Is Blue Star stock currently a good investment?

**Revenue Growth:** 10.5% (2024) **Profit Growth:** 8.2% (2024) **Market Share in Air Conditioning Sector:** 15% (2024) Blue Star Limited recorded a revenue growth of 10.5% in 2024, attributed to strong demand in the air conditioning and refrigeration technology sector. The company has strengthened...

Does Blue Star pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.8% (2025) **Dividend Growth:** 5% annually (last 3 years) Blue Star Limited has been paying out a consistent dividend in recent years. The dividend yield is currently at 1.8%, which is in the mid-range compared to other companies in the industry. The company has seen a divi...

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Blue Star Stock Value

Blue Star Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Blue Star do?

Blue Star Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Blue Star Stock Value

Blue Star Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Blue Star do?

Blue Star Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.