Blue Star Limited — Investor Meet, 07-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Blue Star reports Q1FY27 revenue at ₹3378 Cr, up from ₹2982 Cr YoY. However, EBITDA declined to ₹126 Cr from ₹175 Cr, PBT fell to ₹165 Cr from ₹200 Cr, and EPS was ₹4.99, down from ₹5.88. Electro-Mechanical Projects saw strong order bookings, especially from data centers, with Commercial AC also gaining momentum. Room AC revenue grew robustly but faced margin pressure. Commercial Refrigeration experienced degrowth due to muted demand. The Med Tech business declined due to an unclear regulatory policy, while Industrial Solutions grew steadily. Management is positive on growth drivers like data centers and factories.