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BLUE STAR LTD. - 500067 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation of Loss of Share Certificate/Issue of Duplicate Share Certificate under Regulation 39(3) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
01-02-2023

Blue Star Q3 profit rises 23% to Rs 58.41 cr, revenue up to Rs 1,788 cr

Air conditioning and commercial refrigeration firm Blue Star Ltd on Tuesday reported a 22.79 per cent rise in consolidated net profit at Rs 58.41 crore in the third quarter ended December 2022. The company had posted a consolidated net profit of Rs 47.57 crore in the same quarter last fiscal, it said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 1,788.2 crore as against Rs 1,506.22 crore in the year-ago period, it added. Total expenses in the reported quarter were higher at Rs 1,712.96 crore as compared to Rs 1,449.64 crore in the corresponding period last fiscal. "This is the fifth consecutive quarter of good performance, and we expect to maintain the growth momentum in the coming quarters as well," Blue Star Ltd Vice Chairman & Managing Director Vir S Advani said. Revenue from the electro-mechanical projects and commercial air conditioning systems segment grew by 20.51 per cent to Rs 1,000.09 crore in the third quarter
31-01-2023
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BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

With reference to our letter dated January 3, 2023, and pursuant to Regulation 30 and 46(2)(ao) of the Listing Regulations, we hereby inform you that the audio recording of the Investors' Conference Call on the financial results for the Third Quarter and Nine Months ended December 31, 2022 is being made available on the website of the Company under the weblink at https://www.bluestarindia.com/media/343213/earnings-call-q3fy23-audio-recording.mp3. Kindly take the same on record.
31-01-2023

Blue Star Results Earnings Call for Q3FY23

Conference Call with Blue Star Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
31-01-2023
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BLUE STAR LTD. - 500067 - Investor Update For The Third Quarter And Nine Months Ended December 31, 2022

We are enclosing herewith the Investor Update for the Third Quarter and Nine Months ended December 31, 2022. The said information is also being made available on the website of the Company at www.bluestarindia.com Kindly take the same on record.
31-01-2023
Bigul

BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Investor Presentation

Pursuant to Regulation 30(6) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations') read with Part A of Schedule III of the Listing Regulations, we are enclosing herewith the Investors' Presentation for the Third Quarter and Nine Months ended December 31, 2022. The said information is also being made available on the website of the Company at www.bluestarindia.com Kindly take the same on record.
31-01-2023
Bigul

Q3FY23 Quarterly Result Announced for Blue Star Ltd.

Consumer electronic firm Blue Star announced Q3FY23 results: Consolidated Q3FY23: The Company’s Revenue from Operations increased by 18.72% to Rs 1,788.20 crore for the quarter ended December 31, 2022, compared to Rs 1,506.22 crore during the same period in the previous year. The Operating Profit (PBIDTA excluding Other Income and Finance Income) for the quarter was Rs 104.71 crore compared to Rs 90.59 crore in Q3FY22. During the current financial period the Company has capitalized new capacities including plant and machinery and factory buildings. The Company was hence required to review the expected pattern of consumption of future economic benefits embodied in Property, Plant and Equipment. After the review it was decided to change the depreciation method from ‘Written Down Value’ method to ‘Straight Line Method’ with effect from October 1, 2022. This led to a lower depreciation charge for the quarter by Rs 10.80 crore. Net Profit for the quarter was Rs 58.41 crore, compared to Rs 47.57 crore in Q3FY22. Other Income for Q3FY23 was Rs 5.16 crore, compared to Rs 13.38 crore in Q3FY22. Other Income for Q3FY22 was higher on account of a subsidy received for one of the Company’s manufacturing plants. The Tax expense for the quarter was Rs 21.64 crore, compared to Rs 22.75 crore in Q3FY22. Earnings per share (not annualized) for Q3FY23 (Face value of Rs 2.00) was Rs 6.06 compared to Rs 4.94 in Q3FY22. Carried Forward Order Book as on December 31, 2022, grew by 47.27% to a record Rs 4,861.99 crore compared to Rs 3,301.33 crore as on December 31, 2021. Net Borrowing as on December 31, 2022, stood at Rs 395.85 crore (net debt equity ratio of 0.36) compared to Rs 165.11 crore as at December 31, 2021 (net debt equity ratio of 0.18). During the current financial period the Company and its subsidiary Blue Star Climatech Limited have invested in capacity expansion projects which has caused the debt levels to increase. Consolidated Segment Q3FY23: Revenue from the Electro-Mechanical Projects and Commercial Air Conditioning Systems segment grew by 20.51% to Rs 1,000.09 crore in Q3FY23 compared to Rs 829.85 crore in Q3FY22. The Segment Result for Q3FY23 grew by 36.77% to Rs 71.68 crore compared to Rs 52.41 crore in Q3FY22. Unitary Products revenue grew by 15.13% to Rs 701.90 crore in Q3FY23 compared to Rs 609.68 crore in Q3FY22. The Segment Result grew by 33.65% to Rs 51.83 crore in Q3FY23 compared to Rs 38.78 crore in Q3FY22. The Professional Electronics and Industrial Systems Business revenue grew by 29.27% to Rs 86.21 crore in Q3FY23 compared to Rs 66.69 crore in Q3FY22 driven by strong demand for Healthcare solutions on the backdrop of increasing awareness and investments in the Healthcare sector. Consolidated 9MFY23: For the nine months ended December 31, 2022, the Company reported Revenue from Operations of Rs 5,334.76 crore compared to Rs 3,798.00 crore over the same period in the previous year, a growth of 40.46%. Operating Profit (PBIDTA excluding Other Income and Finance Income) was Rs 313.61 crore compared to Rs 203.52 crore during the same period last year. Net Profit for the nine months ended December 31, 2022, at Rs 175.40 crore has crossed the Net Profit of Rs 168.00 crore earned for the full year ended March 31, 2022. Net Profit for the nine months ended December 31, 2021, was Rs 91.73 crore. Result PDF
31-01-2023
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BLUE STAR LTD. - 500067 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Blue Star's Q3FY23 Net Profit increases by 22.79% to Rs 58.41 crores, Revenue for the quarter increases by 18.72% to Rs 1788.20 crores.
31-01-2023
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BLUE STAR LTD. - 500067 - Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations') - Outcome Of The Board Meeting

With reference to our letter dated December 28, 2022, and in accordance with Regulation 30 of the Listing Regulations, we hereby inform you that the Board of Directors (the 'Board') at its Meeting held today, i.e. Tuesday, January 31, 2023, have inter alia approved and taken on record the Un-audited Standalone and Consolidated Financial Results of the Company for the Third Quarter and Nine Months ended December 31, 2022, along with the Limited Review Reports, pursuant to Regulation 33 and 52 of the Listing Regulations. The copies of aforesaid Financial Results along with the Limited Review Reports and Press Release issued by the Company in respect of the same are enclosed herewith. The meeting commenced at 11:00 a.m. and concluded at 4: 25 p.m.
31-01-2023
Bigul

BLUE STAR LTD. - 500067 - Board Meeting Outcome for Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations') - Outcome Of The Board Meeting

With reference to our letter dated December 28, 2022, and in accordance with Regulation 30 of the Listing Regulations, we hereby inform you that the Board of Directors (the 'Board') at its Meeting held today, i.e. Tuesday, January 31, 2023, have inter alia approved and taken on record the Un-audited Standalone and Consolidated Financial Results of the Company for the Third Quarter and Nine Months ended December 31, 2022, along with the Limited Review Reports, pursuant to Regulation 33 and 52 of the Listing Regulations. The copies of aforesaid Financial Results along with the Limited Review Reports and Press Release issued by the Company in respect of the same are enclosed herewith. The meeting commenced at 11:00 a.m. and concluded at 4:25 p.m.
31-01-2023
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