Blue Star Limited · NSE:BLUESTARCO
Blue Star — Q2 FY2025 Earnings Presentation
24 slides from Blue Star's earnings presentation, Nov 19, 2024
Slide 1: Cover letter to stock exchanges on revised presentation
November 19, 2024 BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code: 500067 NSE Symbol: BLUESTARCO Dear Sir/Madam, Sub: Investors’ Presentation
Slide 2: Blue Star Limited Investor Presentation September 2024
BLUE STAR LIMITED Investor Presentation September 2024
Slide 3: India based air conditioning, commercial refrigeration and MEP contracting company
India based air conditioning, commercial refrigeration and MEP contracting company Commenced operations in 1943, Air conditioning, Maintains c. 2 million tonnes of Presence in with c. 80 years of operations in Refrigeration and MEP air conditioning and India solution provider refrigeration equipment
Slide 4: 80 Years of Operations in India
80 Years of Operations in India Mohan T Started Central Ashok M Advani Advani founds Air Conditioning Distributorship & Suneel M Blue Star at (CAC) System for all Listed on Forays into Advani take over the peak of Design and Honeywell Bombay Stock Middle East the reigns of World War II Execution pro
Slide 5: Business Segments Overview
byq| BLUE STAR Business Segments Overview
Slide 6: Segment 1: Electro-Mechanical Projects & Commercial Air Conditioning Systems
Segment 1: Electro-Mechanical Projects & Commercial Air Conditioning Systems
Slide 7: Segment 1: EMP and Commercial Air-Conditioning Systems
Segment 1 : EMP and Commercial Air–Conditioning Systems Electro-Mechanical Projects & Business Highlights Commercial Air Conditioning Systems Growth continued to be led by manufacturing and data center sectors. Central MEP After sales AC Division Demand for Commercial Air Conditioning from tier 3 an
Slide 8: Segment 1: EMP and Commercial Air-Conditioning Systems
Segment 1 : EMP and Commercial Air–Conditioning Systems Segment Revenue (₹cr) Segment Result (₹cr) 1428 32.6% 82.6% 119 1077 65 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Capital Employed (₹cr) Return on Capital Employed (%) 1057 47% 48% 597 Q2FY24 Q2FY25 Q2FY24 Q2FY25 RESTRICTED 7
Slide 9: Segment 1: EMP and Commercial Air-Conditioning Systems
Segment 1 : EMP and Commercial Air–Conditioning Systems Orders Booked (₹cr) Carried Forward Orders (₹cr) 6364 10.8% 1899 5742 7.6% 1765 Q2FY24 Q2FY25 Q2FY24 Q2FY25 RESTRICTED 8
Slide 10: Segment 2: Unitary Products Segment
Segment 2: Unitary Products Segment
Slide 11: Segment 2: Unitary Products
Segment 2 : Unitary Products Business Highlights Unitary Products Witnessed in robust growth in Room AC sales, driven by diverse product Commercial range and strong distribution network. Cooling & Purification Refrigeration Appliances Group (CPAG) Business Group Cooling and Purification Appliances a
Slide 12: Segment 2: Unitary Products
Segment 2 : Unitary Products Segment Revenue (₹cr) Segment Result (₹cr) 767 62 729 5.1% 12.5% 54 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Capital Employed (₹cr) Return on Capital Employed (%) 30% 25% 1,061 1,253 Q2FY24 Q2FY25 Q2FY24 Q2FY25 In this segment, Room AC performed well however challenges in commercial
Slide 13: Segment 3: Professional Electronics & Industrial Systems
Segment 3: Professional Electronics & Industrial Systems
Slide 14: Segment 3: Professional Electronics & Industrial Systems
Segment 3 : Professional Electronics & Industrial Systems Professional Electronics and Business Highlights Industrial Systems The medical diagnostic equipment refurbishment facility in Bhiwandi, Med-Tech Data Industrial established in FY24, has ramped up operations. Solutions Security Solutions The
Slide 15: Segment 3: Professional Electronics & Industrial Systems
Segment 3 : Professional Electronics & Industrial Systems Segment Revenue (₹cr) Segment Result (₹cr) 84 3.8% 81 12 57.7% 5 Q2FY24 Q2FY25 Q2FY24 Q2FY25 In this segment, business relies heavily on imported hi-tech capital equipment. Supply chain constraints and uncertainties have caused significant de
Slide 16: Consolidated Financial Performance – Q2 & H1FY25
Consolidated Financial Performance – Q2 & H1FY25
Slide 17: Consolidated Financial performance – Q2FY25
Consolidated Financial performance – Q2FY25 Revenue (₹cr) EBITDA growth (₹cr) 2276 20.4% 6.6% 1890 21.7% 6.5% 123 149 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Profit before tax (₹cr) Earnings per share (EPS)* (₹) 131 27.9% 4.67 38.3% 3.65 95 Q2FY24 Q2FY25 Q2FY24 Q2FY25 RESTRICTED *Not Annualized 16
Slide 18: Consolidated Financial performance – H1FY25
Consolidated Financial performance – H1FY25 Revenue (₹cr) EBITDA growth (₹cr) 24.9% 5141 44.6% 7.5% 4116 6.5% 268 387 H1FY24 H1FY25 H1FY24 H1FY25 Profit before tax (₹cr) Earnings per share (EPS)* (₹) 131 27.9% 4.67 38.3% 3.65 95 H1FY24 H1FY25 H1FY24 H1FY25 RESTRICTED *Not Annualized 17
Slide 19: Balance Sheet Indicators – as on Sept'24
Balance Sheet Indicators – as on Sept’24 Net Cash Surplus (₹cr) 286 185 H1FY24 H1FY25 Capital Employed (₹cr) Return on Capital Employed (%) 2550 32% 2070 29% H1FY24 H1FY25 H1FY24 H1FY25 RESTRICTED 18
Slide 20: ESG Initiatives & Net Carbon Zero Roadmap
ESG Initiatives & Net Carbon Zero Roadmap
Slide 21: ESG principles are embedded in Blue Star's business practices
ESG principles are embedded in Blue Star’s business practices Net zero road map Product energy- efficiency Well-enumerated Code of Conduct, Whistle Blower Mechanism and E-Waste compliance Carbon Footprint Energy Efficiency in the Room AC a Governance, Risk and industry Mapping Renewable
Slide 22: Industry Recognitions for Achievements
Industry Recognitions for Achievements
Slide 23: Industry recognition for achievements
Industry recognition for achievements Corporate governance and management Golden Peacock Award Winner of ICSI Best Golden Peacock Award Great Place to Work – for Corporate Governance Governed Company for Risk Management Certified Organization 2019/2020/2021 (Listed: Medium) 2020/2022/2023 2023 2019
Slide 24: Thank You
byq| BLUE STAR Thank You