Blue Star Limited (BLUESTARCO) - Net Assets

Latest as of September 2025: Rs31.30 Billion INR ≈ $338.50 Million USD

Based on the latest financial reports, Blue Star Limited (BLUESTARCO) has net assets worth Rs31.30 Billion INR (≈ $338.50 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs79.01 Billion ≈ $854.43 Million USD) and total liabilities (Rs47.71 Billion ≈ $515.94 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BLUESTARCO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs31.30 Billion
% of Total Assets 39.62%
Annual Growth Rate 16.35%
5-Year Change 245.51%
10-Year Change 362.2%
Growth Volatility 23.97

Blue Star Limited - Net Assets Trend (2005–2025)

This chart illustrates how Blue Star Limited's net assets have evolved over time, based on quarterly financial data. Also explore Blue Star Limited asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Blue Star Limited (2005–2025)

The table below shows the annual net assets of Blue Star Limited from 2005 to 2025. For live valuation and market cap data, see Blue Star Limited (BLUESTARCO) market capitalisation.

Year Net Assets Change
2025-03-31 Rs30.68 Billion
≈ $331.75 Million		 +17.42%
2024-03-31 Rs26.13 Billion
≈ $282.55 Million		 +95.87%
2023-03-31 Rs13.34 Billion
≈ $144.25 Million		 +30.70%
2022-03-31 Rs10.21 Billion
≈ $110.37 Million		 +14.94%
2021-03-31 Rs8.88 Billion
≈ $96.02 Million		 +13.15%
2020-03-31 Rs7.85 Billion
≈ $84.86 Million		 -10.31%
2019-03-31 Rs8.75 Billion
≈ $94.62 Million		 +5.05%
2018-03-31 Rs8.33 Billion
≈ $90.07 Million		 +9.82%
2017-03-31 Rs7.58 Billion
≈ $82.01 Million		 +14.26%
2016-03-31 Rs6.64 Billion
≈ $71.78 Million		 +45.68%
2015-03-31 Rs4.56 Billion
≈ $49.27 Million		 -4.80%
2014-03-31 Rs4.79 Billion
≈ $51.75 Million		 +19.43%
2013-03-31 Rs4.01 Billion
≈ $43.33 Million		 +1.35%
2012-03-31 Rs3.95 Billion
≈ $42.75 Million		 -22.67%
2011-03-31 Rs5.11 Billion
≈ $55.29 Million		 +3.98%
2010-03-31 Rs4.92 Billion
≈ $53.17 Million		 +33.92%
2009-03-31 Rs3.67 Billion
≈ $39.70 Million		 +39.30%
2008-03-31 Rs2.64 Billion
≈ $28.50 Million		 +23.75%
2007-03-31 Rs2.13 Billion
≈ $23.03 Million		 +23.31%
2006-03-31 Rs1.73 Billion
≈ $18.68 Million		 +16.37%
2005-03-31 Rs1.48 Billion
≈ $16.05 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Blue Star Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1630390000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs16.30 Billion 53.19%
Common Stock Rs411.20 Million 1.34%
Other Comprehensive Income Rs2.22 Billion 7.24%
Other Components Rs11.72 Billion 38.23%
Total Equity Rs30.65 Billion 100.00%

Blue Star Limited Competitors by Market Cap

The table below lists competitors of Blue Star Limited ranked by their market capitalization.

Company Market Cap
BNK Financial Group Inc
KO:138930
 $3.96 Billion
Corporacion America Airports
NYSE:CAAP
 $3.96 Billion
Cavco Industries Inc
NASDAQ:CVCO
 $3.96 Billion
Shenzhen Kstar Science & Technology Co Ltd
SHE:002518
 $3.97 Billion
Harvey Norman Holdings Ltd
AU:HVN
 $3.96 Billion
Iljin Electric Co
KO:103590
 $3.96 Billion
Cosan SA ADR
NYSE:CSAN
 $3.96 Billion
Hanmi Pharm Co Ltd
KO:128940
 $3.95 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Blue Star Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 26,100,900,000 to 30,650,200,000, a change of 4,549,300,000 (17.4%).
  • Net income of 5,912,400,000 contributed positively to equity growth.
  • Dividend payments of 1,439,200,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,587,400,000.
  • Other factors decreased equity by 1,511,300,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs5.91 Billion +19.29%
Dividends Paid Rs1.44 Billion -4.7%
Other Comprehensive Income Rs1.59 Billion +5.18%
Other Changes Rs-1.51 Billion -4.93%
Total Change Rs- 17.43%

Book Value vs Market Value Analysis

This analysis compares Blue Star Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 11.59x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 215.84x to 11.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-03-31 Rs8.25 Rs1781.00 x
2006-03-31 Rs9.60 Rs1781.00 x
2007-03-31 Rs11.84 Rs1781.00 x
2008-03-31 Rs14.65 Rs1781.00 x
2009-03-31 Rs20.41 Rs1781.00 x
2010-03-31 Rs27.33 Rs1781.00 x
2011-03-31 Rs28.42 Rs1781.00 x
2012-03-31 Rs21.98 Rs1781.00 x
2013-03-31 Rs22.28 Rs1781.00 x
2014-03-31 Rs26.60 Rs1781.00 x
2015-03-31 Rs25.27 Rs1781.00 x
2016-03-31 Rs34.68 Rs1781.00 x
2017-03-31 Rs39.48 Rs1781.00 x
2018-03-31 Rs43.25 Rs1781.00 x
2019-03-31 Rs45.38 Rs1781.00 x
2020-03-31 Rs40.62 Rs1781.00 x
2021-03-31 Rs45.96 Rs1781.00 x
2022-03-31 Rs52.83 Rs1781.00 x
2023-03-31 Rs69.08 Rs1781.00 x
2024-03-31 Rs130.87 Rs1781.00 x
2025-03-31 Rs153.68 Rs1781.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Blue Star Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 19.29%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.94%
  • • Asset Turnover: 1.45x
  • • Equity Multiplier: 2.69x
  • Recent ROE (19.29%) is above the historical average (19.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 26.38% 4.34% 1.98x 3.07x Rs243.16 Million
2006 28.32% 4.24% 1.96x 3.41x Rs316.33 Million
2007 33.42% 4.53% 2.09x 3.54x Rs498.84 Million
2008 66.06% 7.93% 1.86x 4.47x Rs1.48 Billion
2009 49.11% 7.15% 1.85x 3.72x Rs1.44 Billion
2010 -24.79% -2029.88% 0.00x 3.25x Rs-1.71 Billion
2011 30.97% 5.36% 1.34x 4.32x Rs1.07 Billion
2012 -26.59% -3.73% 1.35x 5.27x Rs-1.45 Billion
2013 9.52% 1.30% 1.35x 5.39x Rs-19.32 Million
2014 16.20% 2.64% 1.26x 4.85x Rs296.89 Million
2015 11.89% 1.70% 1.46x 4.77x Rs86.24 Million
2016 16.35% 2.98% 1.40x 3.91x Rs421.09 Million
2017 16.25% 2.81% 1.66x 3.50x Rs473.35 Million
2018 17.95% 3.22% 1.46x 3.83x Rs661.22 Million
2019 21.77% 3.63% 1.56x 3.84x Rs1.03 Billion
2020 18.31% 2.67% 1.56x 4.40x Rs650.13 Million
2021 11.34% 2.35% 1.20x 4.01x Rs118.32 Million
2022 16.48% 2.77% 1.41x 4.24x Rs659.52 Million
2023 30.10% 5.02% 1.48x 4.06x Rs2.67 Billion
2024 15.90% 4.28% 1.46x 2.54x Rs1.54 Billion
2025 19.29% 4.94% 1.45x 2.69x Rs2.85 Billion

Industry Comparison

This section compares Blue Star Limited's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

  • Industry: Building Products & Equipment
  • Average net assets among peers: $3,485,232,530
  • Average return on equity (ROE) among peers: 6.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Blue Star Limited (BLUESTARCO) Rs31.30 Billion 26.38% 1.52x $3.96 Billion
Ahlada Engineers Limited (AHLADA) $1.22 Billion 4.23% 0.50x $6.34 Million
Apollo Pipes Limited (APOLLOPIPE) $706.18 Million 11.20% 0.72x $214.97 Million
Aro Granite Industries Limited (AROGRANITE) $759.36 Million 10.54% 1.06x $4.43 Million
Beardsell Limited (BEARDSELL) $354.25 Million 8.85% 2.25x $11.03 Million
Bigbloc Construction Limited (BIGBLOC) $1.49 Billion 6.49% 1.53x $74.03 Million
Cera Sanitaryware Limited (CERA) $6.12 Billion 16.85% 0.71x $732.50 Million
Electrosteel Castings Limited (ELECTCAST) $11.97 Billion 4.63% 1.01x $548.14 Million
Everest Industries Limited (EVERESTIND) $5.97 Billion -0.60% 1.20x $65.00 Million
Exxaro Tiles Limited (EXXARO) $2.77 Billion -0.04% 0.77x $33.72 Million

About Blue Star Limited

NSE:BLUESTARCO India Building Products & Equipment
Market Cap
$3.96 Billion
Rs366.16 Billion INR
Market Cap Rank
#4180 Global
#175 in India
Share Price
Rs1781.00
Change (1 day)
-3.06%
52-Week Range
Rs1528.30 - Rs2016.70
All Time High
Rs2337.55
Categories
Companies in India Building Products & Equipment
About

Blue Star Limited operates as a heating, ventilation, air conditioning, and commercial refrigeration (HVAC&R) company in India. It operates through three segments: Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products; and Professional Electronics and Industrial Systems. The Electro-Mechanical Projects and Commercial Air Conditioning Systems segment engages in the … Read more