Blue Star Limited · NSE:BLUESTARCO
Blue Star — Q1 FY2025 Earnings Presentation
23 slides from Blue Star's earnings presentation, Aug 7, 2024
Slide 1: Cover letter to stock exchanges for Q1 investor presentation
August 7, 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 for
Slide 2: Blue Star Limited Investor Presentation June 2024
BLUE STAR LIMITED Investor Presentation June 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
»yq) BLUE STAR 3usiness 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 Performance Highlights Commercial Air Conditioning Systems Robust Order Inflows from segment like Data centers and factories. Central Also witnessed uptick in inquiries from healthcare and retail sector. M
Slide 8: Segment 1: EMP and Commercial Air-Conditioning Systems
Segment 1 : EMP and Commercial Air–Conditioning Systems Segment Revenue (Rs Cr) Segment Result (Rs cr) 9.5% 1039 54.7% 949 103 67 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Capital Employed (Rs cr) Return on Capital Employed (%) 893 65% 527 48% Q1FY24 Q1FY25 Q1FY24 Q1FY25 RESTRICTED 7
Slide 9: Segment 1: EMP and Commercial Air-Conditioning Systems
Segment 1 : EMP and Commercial Air–Conditioning Systems Orders Booked (Rs Cr) Carried Forward Orders (Rs cr) 5861 14.8% 5106 1466 19.7% 1224 Q1FY24 Q1FY25 Q1FY24 Q1FY25 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 Performance Highlights Unitary Products Witnessed in remarkable growth in Room AC sales, driven by seasonal Commercial demand and further amplified by unusually high temperatures. Cooling & Purification Refrigeration Appliances Group (CPAG) Business Group Coolin
Slide 12: Segment 2: Unitary Products
Segment 2 : Unitary Products Segment Revenue (Rs Cr) Segment Result (Rs cr) 44.3% 1730 76.9% 158 1198 89 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Capital Employed (Rs cr) Return on Capital Employed (%) 45% 39% 696 671 Q1FY24 Q1FY25 Q1FY24 Q1FY25 RESTRICTED 11
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 Performance Highlights Industrial Systems The business saw a revenue growth of 23.5% growth on QoQ basis Med-Tech Data Industrial Solutions Security Solutions The medical diagnostic equipment refurbishmen
Slide 15: Segment 3: Professional Electronics & Industrial Systems
Segment 3 : Professional Electronics & Industrial Systems Segment Revenue (Rs Cr) Segment Result (Rs cr) 10 8.5% 10 23.5% 97 78 Q1FY24 Q1FY25 Q1FY24 Q1FY25 RESTRICTED 14
Slide 16: Consolidated Financial Performance – Q1FY25
Consolidated Financial Performance – Q1FY25
Slide 17: Financial performance – Q1FY25
Financial performance – Q1FY25 Revenue (Rs Cr) EBITDA growth (Rs Cr) 2865 8.3% 28.7% 64.0% 2226 6.5% 145 238 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Profit before tax (Rs Cr) Earnings per share (EPS)* (Rs ) 226 8.21 98.9% 89.5% 114 4.33 Q1FY24 Q1FY25 Q1FY24 Q1FY25 RESTRICTED *Not Annualized 16
Slide 18: Balance Sheet Indicators – Q1FY25
Balance Sheet Indicators – Q1FY25 Net Borrowing (Rs Cr) Net Debt/Equity (times) -1043 0.20 283 * Q1FY24 Q1FY25 Q1FY24 Q1FY25 *Net Cash Surplus Capital Employed (₹ cr) Return on Capital Employed (%) 42% 1738 28% 1700 Q1FY24 Q1FY25 Q1FY24 Q1FY25 RESTRICTED 17
Slide 19: ESG Initiatives & Net Carbon Zero Roadmap
ESG Initiatives & Net Carbon Zero Roadmap
Slide 20: 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 21: Industry Recognitions for Achievements
Industry Recognitions for Achievements
Slide 22: 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 23: Thank You
»zq) BLUE STAR Thank You