# Blue Star share price today (Blue Star Ltd, NSE: BLUESTARCO)

> Blue Star share price today: ₹1,555.00 at the NSE close on 4 November 2026, down 11.3% in a year. Blue Star (NSE: BLUESTARCO) is worth ₹31,971 crore, trades at a P/E of 59.6 and has closed between ₹1,459.60 and ₹2,002.40 over the past 52 weeks. > Blue Star Ltd's share price has fallen more than its earnings. Earnings per share fell 10.7% in a year while the price moved −11.3%. BLUESTARCO · Consumer Electronics · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/blue-star-ltd

Blue Star is one of the companies compared in a full read in the Sector Alpha newsletter: https://newsletter.sectoralpha.in/p/deep-dive-why-e2e-is-beating-nifty?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹1,555.00 (−11.3% in a year)
- P/E: 59.6× (higher than 61% of the last 11 years)
- Revenue (Sep 2026): ₹2,931 Cr (+21.0% on a year ago)
- Profit (Sep 2026): ₹124 Cr (+25.3% on a year ago)
- Operating margin: 7.0% (−1.0 points on a year ago)
- ROCE: 21%, FY26
- ROIC: 15.5%, against a 12.0% cost of capital: +3.5 points

The main question: foreign institutions moved −5.8 percentage points over 8 quarters while the business went the other way. ## What is the Blue Star share price today? Blue Star Ltd's share price was ₹1,555.00 at the close on 4 November 2026. It has been falling for 27 weeks. That is 5.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,460 and ₹2,002, and at that close it sat 18% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row. Over the last 11 years the share price moved +884% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Blue Star this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 7 quarters in a row, indian funds and insurers (DIIs) raised their stake for 7 quarters in a row and revenue up on a year earlier for 12 quarters in a row (every quarter we can compare). 1. Foreign funds (FIIs) cut their stake for 7 quarters in a row From 18.5% to 12.3% of the company by the September 2026 quarter. 2. Indian funds and insurers (DIIs) raised their stake for 7 quarters in a row From 22.2% to 29.1% of the company by the September 2026 quarter. 3. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹2,931 crore, +21% on a year earlier. Why: Revenue rose because air-conditioner sales recovered after an April price rise hurt them earlier. Next results: check whether festival and pre-summer air-conditioner sales hold up, since management says the full year depends on those windows. From the earnings call on 30 Oct 2026. ## What are Blue Star's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Blue Star reported revenue of ₹2,931 crore, up 21.0% from ₹2,422 crore a year earlier, and a profit of ₹124 crore, up 25.3% from ₹99.0 crore. ### Blue Star results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹2,931 crore | ₹2,422 crore | +21.0% |
| Profit | ₹124 crore | ₹99.0 crore | +25.3% |
| Earnings per share | ₹6.03 | ₹4.82 | +25.1% |
| Operating margin | 7.0% | 8.0% | −1.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Blue Star's management discussed these results on a call held on 30 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Blue Star share price history? Blue Star closed at ₹1,555.00 on 4 November 2026, down 11.3% from ₹1,752.70 a year earlier (7 November 2025) and up 203.7% over five years. Its highest weekly close since February 2016 was ₹2,337.55 on 3 January 2025. ### Blue Star share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹1,627.90 | −4.5% |
| 1 month ago · 1 Oct 2026 | ₹1,459.60 | +6.5% |
| 6 months ago · 8 May 2026 | ₹1,692.80 | −8.1% |
| 1 year ago · 7 Nov 2025 | ₹1,752.70 | −11.3% |
| 3 years ago · 3 Nov 2023 | ₹971.70 | +60.0% |
| 5 years ago · 4 Nov 2021 | ₹511.95 | +203.7% |
| 10 years ago · 4 Nov 2016 | ₹268.95 | +478.2% |
| Earliest and lowest weekly close in our records · 26 Feb 2016 | ₹158.00 | +884.2% |
| Highest weekly close since February 2016 · 3 Jan 2025 | ₹2,337.55 | −33.5% |
| 52-week high (weekly close) · 17 Feb 2026 | ₹2,002.40 | −22.3% |
| 52-week low (weekly close) · 1 Oct 2026 | ₹1,459.60 | +6.5% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (564 weekly closes from 26 February 2016 to 4 November 2026.)

## What is the latest news on Blue Star? 4 Nov 2026: Blue Star closed at ₹1,555.00, down 4.5% on the week and up 6.5% on the month. 30 Oct 2026: Blue Star held its results call for July to September 2026. Management guided: Segment 2 FY27 EBIT margin at least 6.5%, with Q3 improvement and Q4 pre-summer peak. ### Earlier

- Results for July to September 2026: Revenue up 21.0% and profit up 25.3% on a year earlier. - 17 Jul 2026: ex-date for a dividend of ₹8.50 a share. ## What dividend does Blue Star pay? Blue Star paid ₹8.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.55% at the ₹1,555.00 close on 4 November 2026. The last was a dividend of ₹8.50 a share, ex-date 17 July 2026. ### Blue Star dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 17 Jul 2026 | ₹8.50 | Dividend | same day |
| 18 Jul 2025 | ₹9 | Dividend | same day |
| 19 Jul 2024 | ₹7 | Dividend | n/a |
| 21 Jul 2023 | ₹6 | Dividend | same day |
| 21 Jul 2022 | ₹10 | Dividend | 22 Jul 2022 |
| 22 Jul 2021 | ₹4 | Dividend | 23 Jul 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Blue Star Ltd paid out 33% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What did Blue Star management say on the latest results call? On the call for July to September 2026, held on 30 October 2026, Blue Star's management guided: Segment 2 FY27 EBIT margin at least 6.5%, with Q3 improvement and Q4 pre-summer peak. > “In fact, I had stated that these were not typical Blue Star results at all, and we were ashamed of delivering those kinds of numbers in Q1”
> B. Thiagarajan, on the call for July to September 2026

### What management guided

- RAC full-year revenue up to 25% (5% price, 20% volume); commercial refrigeration H2 around 10%, single-digit full year. - Data-centre FY27 booking ₹4,000 crore; 2030 booking ₹8,000 crore; revenue ₹2,000 crore now to ₹4,000 crore in 3 years. - FY30 company revenue around ₹20,000 crore; EMP ₹6,000-7,000 crore. - US heat-pump additional revenue USD 100 million, with approved products and couple customers, business taken off. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/46-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.)

## What to watch in Blue Star's next results? When Blue Star reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Unitary margin to reach flagged full-year threshold via festival through New Year and February-March pre-summer sales. - What to check (from the call)
- Unitary margin to reach flagged full-year threshold via festival through New Year and February-March pre-summer sales. - Data-centre billing acceleration and peak execution in Q4 off the current order book. - Commercial refrigeration return to growth from Q3 on OEM festive-to-summer inquiries. ## Which stock lists is Blue Star on? Blue Star is on 3 of our India lists: Breakout stocks, Small & mid cap stocks and AI & data centre stocks. - [Breakout stocks Breakout date: 30 October 2026](https://www.sectoralpha.in/breakout-stocks-india)
- [Small & mid cap stocks Size rank in India: 252](https://www.sectoralpha.in/small-cap-stocks-india)
- [AI & data centre stocks Group on the list: Data centre suppliers](https://www.sectoralpha.in/ai-stocks-india)

## Is Blue Star profitable? Blue Star Ltd earned ₹124 Cr of net profit in the Sep 2026 quarter, +25.3% on the same quarter a year earlier. Full-year FY26 profit was ₹527 Cr. Over 10 years profit has grown 17.4% a year on average. That is 4.2% of the quarter's revenue. The same quarter a year earlier earned ₹99.0 Cr. For the full year, FY26 profit was ₹527 Cr (−10.8% on the year before). Why profit moved: revenue changed +21.0% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −2.8% and revenue +9.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Blue Star make, and is it growing? Blue Star Ltd reported ₹2,931 Cr of revenue in the Sep 2026 quarter, +21.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 12.6% a year on average. The last full year, FY26, came in at ₹12,402 Cr. The last four reported quarters add to ₹13,306 Cr. FY26 revenue was ₹12,402 Cr, +3.6% on the year before. Recent pace: the last four quarters grew +9.9% on average, against 12.6% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.8%, against +11.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −2.0%, against +0.9% a year (stabilising). ## How much of every ₹100 of sales does Blue Star keep? Blue Star Ltd's operating margin was 7.0% in the Sep 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 4.4% and 8.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.6 percentage points on the year while gross margin changed −1.2 points. So the drop came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Blue Star's profit turning into cash? Over the last 3 years, 74% of Blue Star Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹154 Cr of operating cash against ₹527 Cr of profit. After ₹354 Cr of spending on assets, free cash was −₹200 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 74% of profit came in as cash: the cash cycle got 64 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 64 days longer. The next section looks at where the cash is stuck. ## Where does Blue Star's cash go? Blue Star Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 16 days in FY26, up from −48 days in FY21. It spent ₹1,297 Cr on assets over the last 3 years. Customers take 63 days to pay, and stock sits for 131 days on average. At FY26 sales of ₹12,402 Cr, each day of that cycle ties up about ₹34.0 Cr, so roughly ₹544 Cr is tied up in the business at any time. FY26: customers took 63 days to pay and stock sat for 131 days, about 4.3 months of sales sitting as stock, for a full cycle of 16 days, longer than FY21's −48. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 131 days. Customers pay about 63 days after that. Suppliers are paid at 177 days. Together that makes the 16-day cycle. Spending on assets: ₹1,297 Cr over the last 3 years, against ₹405 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹137 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Blue Star's P/E ratio, and how does it compare with its own history? Blue Star Ltd's P/E is 59.6×, in the middle of its own history: higher than 61% of past readings. Its usual P/E (the middle reading) is 53.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −10.7% while the price moved −11.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +24.9% a year; about +27.5% a year came from earnings growth and about −2.6 percentage points from the multiple (the market paying less); over 10 years the price moved +19.2% a year; about +15.2% a year came from earnings growth and about +4.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Blue Star business getting better or worse? Blue Star Ltd's business is giving mixed signals. Profit and EPS growth are shrinking while ROCE is steady at 21.6%, so growth and returns point different ways. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Blue Star earn on its capital? Blue Star Ltd earned a ROCE of 21% in FY26. That is up from a low of 13% in FY21. Its return on capital used (ROIC) is 3.5 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 4.2% net margin and 1.45× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.2% net margin × 1.45× asset turnover × 2.50× leverage (assets divided by equity) ≈ 15.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 15.5% − 12.0% = +3.5 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 15.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 18.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Blue Star have too much debt? Blue Star Ltd has total debt of ₹780 Cr against shareholder equity of ₹3,490 Cr as of Sep 2026, so its debt is 0.22× its equity, which is very little. Year by year, that ratio went from 0.54 in FY22 to 0.24 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Blue Star shareholding pattern? Domestic institutions raised their stake in Blue Star Ltd by 6.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 29.1% of the company. Foreign institutions moved −5.8 points over the same period, to 12.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +6.3 points over 8 quarters, to 29.1%; Foreign institutions: −5.8 points over 8 quarters, to 12.3%; Promoters: +0.0 points over 8 quarters, to 36.5%. Why the owners changed: foreign institutions moved −5.8 points and domestic institutions +6.3 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Blue Star from balance-sheet trouble? For Blue Star Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Blue Star rank in its industry? 58.5 out of 100, rank 4 of 13 in Consumer Electronics, with 90% of the evidence available. Blue Star Ltd scores 58.5 out of 100 against the 13 companies it is compared with in Consumer Electronics, ranking 4. Relative strength against the index is 1%, and revenue and profit growth are weak. The four parts add up to the total exactly: 16.2 + 18.5 + 8.3 + 15.5 = 58.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Blue Star compared with? Blue Star ranks 4 of 13 Consumer Electronics companies on the 4-Factor Sector Score, with 58.5 out of 100. 1. [Orient Electric Ltd](https://www.sectoralpha.in/stocks/orient-electric-ltd) ORIENTELEC · turning · Sector-leading setup · 100% evidence 86.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 31.9/35 · Revenue 16.9% · Profit 40.9% · Operating margin change 1 points · 100% evidence Capital efficiency 17.3/25 · ROCE 19.9% · Operating margin 6% · 100% evidence Valuation 19.4/20 · P/E 28.7× · PEG 0.83 · 100% evidence Relative strength 17.6/20 · Lead over its industry 15.4% · Lead over NIFTY 500 6% · 1 year -13.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 31.9 + 17.3 + 19.4 + 17.6 = 86.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Havells India Ltd](https://www.sectoralpha.in/stocks/havells-india-ltd) HAVELLS · quiet · Evidence leans up · 100% evidence 60.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 16.5% · Profit 13.8% · Operating margin change 0 points · 100% evidence Capital efficiency 19.9/25 · ROCE 24.9% · Operating margin 9% · 100% evidence Valuation 8.3/20 · P/E 37.5× · PEG 3.13 · 100% evidence Relative strength 8.1/20 · Lead over its industry -8.2% · Lead over NIFTY 500 -15.8% · 1 year -32.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 19.9 + 8.3 + 8.1 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [LG Electronics India Ltd](https://www.sectoralpha.in/stocks/lg-electronics-india-ltd) LGEINDIA · leader · Evidence leans up · 83% evidence 59.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Revenue 5.6% · Profit -10.4% · Operating margin change 1 points · 88% evidence Capital efficiency 20.0/25 · ROCE 32.3% · Operating margin 12% · 100% evidence Valuation 6.3/20 · P/E 61.8× · PEG 2.69 · 65% evidence Relative strength 16.0/20 · Lead over its industry 20.5% · Lead over NIFTY 500 10.8% · 1 year -0.1% · 70% evidence · 12 of 12 weeks ahead Exact sum: 17.2 + 20 + 6.3 + 16 = 59.5 · What this means: Relative strength against the index is 10.8%, and revenue and profit growth are weak. 4. Blue Star Ltd this page BLUESTARCO · turning · Evidence leans up · 90% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 8.8% · Profit -2% · Operating margin change -1 points · 100% evidence Capital efficiency 18.5/25 · ROCE 21.2% · Operating margin 7% · 100% evidence Valuation 8.3/20 · P/E 62.4× · PEG n/a · 50% evidence Relative strength 15.5/20 · Lead over its industry 10% · Lead over NIFTY 500 1% · 1 year -16% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.2 + 18.5 + 8.3 + 15.5 = 58.5 · What this means: Relative strength against the index is 1%, and revenue and profit growth are weak. 5. [Eureka Forbes Ltd](https://www.sectoralpha.in/stocks/eureka-forbes-ltd) EUREKAFORB · quiet · Evidence leans up · 74% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 12.4% · Profit 5.8% · Operating margin change 0 points · 88% evidence Capital efficiency 9.6/25 · ROCE 5.9% · Operating margin 10% · 100% evidence Valuation 13.4/20 · P/E 29.8× · PEG 1.26 · 65% evidence Relative strength 7.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -31.6% · 1 year -44% · 25% evidence · 0 of 12 weeks ahead Exact sum: 21.2 + 9.6 + 13.4 + 7.8 = 52 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Crompton Greaves Consumer Electricals Ltd](https://www.sectoralpha.in/stocks/crompton-greaves-consumer-electricals-ltd) CROMPTON · basing · Evidence leans down · 82% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 12.1% · Profit -80% · Operating margin change 1 points · 95% evidence Capital efficiency 14.9/25 · ROCE 18.1% · Operating margin 9% · 76% evidence Valuation 13.6/20 · P/E 25.3× · PEG n/a · 50% evidence Relative strength 3.2/20 · Lead over its industry -12.3% · Lead over NIFTY 500 -19.6% · 1 year -32.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.2 + 14.9 + 13.6 + 3.2 = 49.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Whirlpool of India Ltd](https://www.sectoralpha.in/stocks/whirlpool-of-india-ltd) WHIRLPOOL · breaking out · Evidence leans down · 81% evidence 42.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.6/35 · Revenue 6% · Profit -30.8% · Operating margin change -4 points · 88% evidence Capital efficiency 10.7/25 · ROCE 10.7% · Operating margin 5% · 100% evidence Valuation 9.5/20 · P/E 37.9× · PEG 2.3 · 100% evidence Relative strength 10.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.9% · 1 year -41.8% · 25% evidence · 6 of 12 weeks ahead Exact sum: 12.6 + 10.7 + 9.5 + 10.1 = 42.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Bosch Home Comfort India Ltd](https://www.sectoralpha.in/stocks/bosch-home-comfort-india-ltd) BOSCH-HCIL · leader · Evidence leans down · 83% evidence 42.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.7/35 · Revenue 12.6% · Profit -80% · Operating margin change -0.6 points · 83% evidence Capital efficiency 5.2/25 · ROCE 4.8% · Operating margin 3.7% · 95% evidence Valuation 5.1/20 · P/E 222× · PEG n/a · 50% evidence Relative strength 20.0/20 · Lead over its industry 26% · Lead over NIFTY 500 16% · 1 year -4.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 11.7 + 5.2 + 5.1 + 20 = 42 · What this means: Relative strength against the index is 16%, and revenue and profit growth are weak. 9. [Symphony Ltd](https://www.sectoralpha.in/stocks/symphony-ltd) SYMPHONY · quiet · Evidence leans down · 72% evidence 41.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue 2.8% · Profit -80% · Operating margin change 6 points · 95% evidence Capital efficiency 17.1/25 · ROCE 20.6% · Operating margin 13% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 2.7/20 · Lead over its industry -24% · Lead over NIFTY 500 -30.4% · 1 year -47.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 11.6 + 17.1 + 10 + 2.7 = 41.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Voltas Ltd](https://www.sectoralpha.in/stocks/voltas-ltd) VOLTAS · quiet · Most evidence points down · 78% evidence 34.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.6/35 · Revenue 3.8% · Profit -31.1% · Operating margin change 1 points · 83% evidence Capital efficiency 8.2/25 · ROCE 9% · Operating margin 4.9% · 76% evidence Valuation 7.1/20 · P/E 72.8× · PEG n/a · 50% evidence Relative strength 6.0/20 · Lead over its industry -9.9% · Lead over NIFTY 500 -17.4% · 1 year -25.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.6 + 8.2 + 7.1 + 6 = 34.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Wonder Electricals Ltd](https://www.sectoralpha.in/stocks/wonder-electricals-ltd) WEL · quiet · Most evidence points down · 96% evidence 29.6 out of 100 Growth Capital Valuation Relative
12. [Onida Electronics Ltd](https://www.sectoralpha.in/stocks/onida-electronics-ltd) ONIDA · quiet · Most evidence points down · 68% evidence 25.1 out of 100 Growth Capital Valuation Relative
13. [MIRC Electronics Ltd](https://www.sectoralpha.in/stocks/mirc-electronics-ltd) MIRCELECTR · Too little evidence to rank firmly · 37% evidence 28.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Consumer Electronics](https://www.sectoralpha.in/sectors/consumer-electronics), all 13 compared on one page. ## Which companies are close to Blue Star in size? Blue Star is the 4th largest of 13 Consumer Electronics companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: LG Electronics India, Havells India and Voltas. Just below it: Crompton Greaves Consumer Electricals, Whirlpool of India and Eureka Forbes. ### Consumer Electronics companies close in size

1. [LG Electronics India Ltd](https://www.sectoralpha.in/stocks/lg-electronics-india-ltd) ₹1,12,771 crore
2. [Havells India Ltd](https://www.sectoralpha.in/stocks/havells-india-ltd) ₹63,622 crore
3. [Voltas Ltd](https://www.sectoralpha.in/stocks/voltas-ltd) ₹34,015 crore
4. Blue Star Ltd ₹33,472 crore
5. [Crompton Greaves Consumer Electricals Ltd](https://www.sectoralpha.in/stocks/crompton-greaves-consumer-electricals-ltd) ₹12,334 crore
6. [Whirlpool of India Ltd](https://www.sectoralpha.in/stocks/whirlpool-of-india-ltd) ₹10,334 crore
7. [Eureka Forbes Ltd](https://www.sectoralpha.in/stocks/eureka-forbes-ltd) ₹6,061 crore

[All 13 Consumer Electronics companies, largest first](https://www.sectoralpha.in/sectors/consumer-electronics#all-companies)

### Companies close in size in other industries

1. [Voltas Ltd](https://www.sectoralpha.in/stocks/voltas-ltd) ₹34,015 crore · Consumer Electronics
2. [AIA Engineering Ltd](https://www.sectoralpha.in/stocks/aia-engineering-ltd) ₹33,557 crore · Capital Goods - Mining Equipement
3. Blue Star Ltd ₹33,472 crore
4. [Gujarat Gas Ltd](https://www.sectoralpha.in/stocks/gujarat-gas-ltd) ₹33,105 crore · Gas Distribution
5. [Sai Life Sciences Ltd](https://www.sectoralpha.in/stocks/sai-life-sciences-ltd) ₹33,093 crore · Pharma - API & CRAMS

## What else do people ask about Blue Star? ### What is Blue Star's share price today? Blue Star Ltd's share price is ₹1,555.00, −11.3% over the past year. The whole company is worth ₹31,971 Cr on the market. In the last 52 weeks it traded between ₹1,460 to ₹2,002; today it is 18% of the way up from the low, 5.5% below its 200-day average (as of 4 November 2026). ### What were Blue Star's latest quarterly results? Blue Star Ltd reported revenue of ₹2,931 Cr and net profit of ₹124 Cr for the Sep 2026 quarter. Revenue rose 21.0% and profit rose 25.3% compared with a year earlier. Earnings per share were ₹6.03. The operating margin was 7.0%, 1.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is Blue Star's market cap? Blue Star Ltd's market capitalisation is ₹31,971 Cr at a share price of ₹1,555.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Blue Star performing? Blue Star Ltd's share price has been falling for 27 weeks. In its latest quarter, revenue rose 21.0% and profit rose 25.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 2 weeks running (as of 4 November 2026). ### Will Blue Star's share price go up? This page does not forecast Blue Star Ltd's share price. What it shows instead: the share price is ₹1,555.00, and it has been falling for 27 weeks. Its P/E of 59.6× is higher than 61% of its own last 11 years (as of 4 November 2026). ### Who owns Blue Star? Promoters own 36.5% of Blue Star Ltd, foreign institutions 12.3%, domestic institutions 29.1% and the public 22.1% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 6.3 percentage points over 8 quarters (as of 4 November 2026). ### Does Blue Star have too much debt? No, Blue Star Ltd has little debt: its debt is 0.24× its equity, and its operating profit is 13 times its interest bill. FY26 borrowings were ₹810 Cr against equity of ₹3,431 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Blue Star in its business cycle? Blue Star Ltd's FY26 operating margin was 8.0%, against a 13-year range of 4.4% to 8.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Blue Star story? The main question: foreign institutions moved −5.8 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Blue Star a stock worth studying right now? What the numbers show: Blue Star Ltd's share price has fallen more than its earnings. Earnings per share fell 10.7% in a year while the price moved −11.3%. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Blue Star share price forecast for 2026? What management itself guided: Segment 2 FY27 EBIT margin at least 6.5%, with Q3 improvement and Q4 pre-summer peak. ## Lists

- Breakout stocks: https://www.sectoralpha.in/breakout-stocks-india
- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- AI & data centre stocks: https://www.sectoralpha.in/ai-stocks-india

This is research, not advice. We’re not SEBI-registered.