AnnualReportAI — Business Intelligence
Financial & Valuation Intelligence™

Blue Star Limited

NSE
BLUESTARCO
Sector: Consumer Durables· Household Appliances
Current Price
₹1,511.8
Market Cap
₹32.30K Cr
AI Financial Summary

Blue Star Limited (BLUESTARCO) demonstrates strong financial health and growth in revenue and profitability, though current valuation metrics suggest the company may be overvalued. The company has maintained a strong return on capital employed and managed debt effectively.

Business Performance (CAGR)

10 Years
Revenue
12.2%
PAT
17.6%
EPS
16.6%
Book Value
17.3%
Free Cash Flow
6.5%

Valuation Snapshot

P/E62.8
P/B9.7
EV/EBITDA35.1
P/S2.6
Div Yield0.54%

Financial Health

Debt to Equity0.24
Interest Coverage10.7x
Current Ratio1.09
Cash & Investments₹859 Cr

Profitability Metrics

ROE
15.4%
ROCE
18.3%
ROA
6.2%
EBITDA Mgn
7.5%
Op Margin
6.3%
Net Margin
4.3%

Cash Flow Intelligence

Operating Cash Flow₹154 Cr
Free Cash Flow₹-200 Cr
Cash Conversion29.1%
FCF Margin-1.6%

Intrinsic Value

Premium
Estimated Intrinsic Value
████████
Current Price₹1,511.8
Margin of Safety██.██%
Unlock with Premium

Estimated Intrinsic Value & DCF Fair Value are available with Premium plans.

AI Business Verdict

Blue Star Limited shows strong business performance and financial health with impressive growth in revenue and net profit. However, its current valuation metrics are significantly elevated, and recent negative free cash flow warrants close monitoring. While the company demonstrates strong long-term value creation potential, the current price appears to exceed its intrinsic value based on our analysis.

  • Robust revenue and net profit growth rates.
  • Strong financial health with low debt and high interest coverage.
  • High scores in financial strength, growth, and capital allocation.
  • Consistent return on equity and capital employed.

Balance Sheet

AI-Powered Analysis
Balance Sheet Strength™
65/100
Good

Blue Star Limited maintains a balanced sheet with adequate liquidity and manageable leverage.

AI Confidence
92%
Stability
57
Flexibility
74
Strength Factors
Liquidity53
Leverage92
Working Capital52
Asset Quality33
Shareholder Strength91
Financial Stability57
Financial Flexibility™
74/100
Good

Capacity to fund growth, withstand downturns and return capital.

Total Assets
₹8.57K Cr
▲ 56.3% YoY
Total Liabilities
₹5.14K Cr
▲ 112.6% YoY
Shareholder Equity
₹3.43K Cr
▲ 12.0% YoY
Net Cash Position
+₹49 Cr
Excellent
Debt / Equity
0.24x
Very Low
Enterprise Value
₹32.25K Cr
Capital Structure
Assets
₹8.57K Cr
Equity
₹3.43K Cr (40.1%)
Liabilities
₹5.14K Cr (59.9%)
Debt Intelligence™
Debt vs Cash Trend
Debt / Equity0.24x
Interest Coverage10.7x
Debt / EBITDA1.54x
Net Debt₹-49 Cr
Debt Trend (5Y)29.6%
Debt MaturityWell Staggered
Liquidity Intelligence™
Current Ratio1.09
Quick Ratio0.59
Cash Ratio0.08
Working Capital₹383 Cr
Operating Cash CoverageGood
Short-term LiquidityAdequate
Working Capital Intelligence™
CCC Trend
Receivable Days63
Inventory Days64
Payable DaysNot Available
Cash Conversion Cycle127 days
Asset Quality (% of Total Assets)
Cash & Investments4.7%
Property, Plant & Equip.19.8%
ReceivablesNot Available
InventoryNot Available
GoodwillNot Available
Intangible AssetsNot Available
Other Assets78.6%
Shareholder Strength™
Strength Radar
Book Value CAGR (5Y)17.3%
Net Worth CAGR (5Y)18.3%
Retained EarningsExcellent
Equity Dilution0.00%
Buyback EfficiencyGood
Dividend Sustain.Strong
Balance Sheet Evolution
Annual
Balance Sheet Risk Monitor
Debt RiskLow
Liquidity RiskElevated
Working Capital RiskElevated
Refinancing RiskLow
Asset Quality RiskHigh
Dilution RiskLow
Contingent LiabilityLow
Overall Balance Sheet RiskModerate
Balance Sheet Stress Test™
Economic Slowdown50
Acquisition Capacity80
High Interest Rates90
Dividend Sustainability83
Revenue Decline64
Cash Flow Resilience68
Expansion Capacity81
Overall Resilience Score
74/100
Strong Resilience
AI Balance Sheet Commentary
Overall Assessment
  • Blue Star Limited maintains a balanced sheet with adequate liquidity and manageable leverage.
What Stands Out
  • Net cash position — debt fully covered by cash & investments
  • Very low leverage with net cash balance
  • Strong shareholder equity growth
  • High interest coverage
Areas To Monitor
  • Tight short-term liquidity cushion
  • Long working capital cycle
  • Large 'other assets' bucket — investigate composition
Financial data based on consolidated numbers and TTM · Source: Company Filings, Annual Report AI Analysis · Data as of: 31/03/2026