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BLUE STAR LIMITED
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Updated: 15 Sep 2026
The company engages in the central air conditioning and commercial refrigeration business in India and internationally.
Blue Star Limited, is a listed public company incorporated on 20 January, 1949. It is classified as a public limited company and is located in Mumbai, Maharashtra. It's authorized share capital is INR 57.50 cr and the total paid-up capital is INR 41.12 cr.
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Industry and products
Manufacturing (Metals & Chemicals and their products)
- Water Purifiers, Air Coolers, Cold Storages, Water Coolers, Central Air Conditioning, Commercial Refrigeration, Room Air Conditioners, Air Purifiers
Company size
₹ 57.5 Cr
₹ 41.1 Cr
₹ >5000 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores.
Total Revenue
25.96%
25.96%
EBITDA
26.46%
26.46%
Net Profit
31.95%
31.95%
Networth
13.66%
13.66%
Borrowings
35.43%
35.43%
Assets
24.95%
24.95%
Gross Margin
0.15
0.15
Operating Margin
0.04
0.04
Net Profit Margin
0.19
0.19
Return on Equity
2.36
2.36
ROCE
0.92
0.92
Debt to Equity
0.02
0.02
Sales
Mar 2025
Net worth
Mar 2025
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Locations
India
(283)
| State | Type | Address |
|---|
Locations on Map
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Managing Director | Vir Suneel Advani
Shareholder
|
01571278 | 10 years |
| Managing Director | Balasubramanian Thiagarajan
Shareholder
|
01790498 | 10 years |
| Director | Sunaina Murthy
Shareholder
|
07865860 | 7 years |
| Director | Anita Ramachandran | 00118188 | 4 years |
| Cfo | Nikhil Ramakrishna Sohoni | 06852639 | 4 years |
| Director | Dinesh Nanik Vaswani
Shareholder
|
00306990 | 9 years |
| Director | Anil Harish | 00001685 | 8 years |
| Director | Rajiv Ramesh Lulla | 06384402 | 9 years |
| Nodal Officer | Rajesh Digambar Parte | 07005987 | 5 years |
| Director | Mangalath Sukumarapanicker Unnikrishnan | 01460245 | 1 years |
| Director | Vipin Sondhi | 00327400 | 3 years |
| Director | Murlidhar Gangadharan | 03601196 | 3 years |
| Additional Director | Nikhilesh Natwarlal Panchal | 00041080 | 0 years |
| Whole-Time Director | Mohit Sud | 10034070 | 0 years |
Financial Highlights
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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| Networth | |||||
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| WC days | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
Margins
Gross margin
Operating margin
Net margin
Balance Sheet
Standalone
Consolidated
₹
%
Financials upto March 2025 available in Tofler Pro
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
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Total assets
Charges on assets
Bank wise
Charges
1
The Hongkong and Shanghai Banking Corporation Limited
No. of Loans: 1
Total Amount : 711.5 cr
2
Bank of Baroda
No. of Loans: 2
Total Amount : 9.5 cr
3
BANQUE NATIONAL DE PARIS FRENCH BANK
No. of Loans: 1
Total Amount : 5.0 cr
4
THE NEW BANK OF INDIA
No. of Loans: 1
Total Amount : 0.8 cr
5
THE HONGKONG A7 SHANGHI BANKING CORPORATION
No. of Loans: 1
Total Amount : 0.5 cr
6
BNP Paribas
No. of Loans: 1
Total Amount : 0.5 cr
7
UNTED COMMERCIAL BANK
No. of Loans: 1
Total Amount : 0.0 cr
8
STATE BANK O F INDIA
No. of Loans: 1
Total Amount : 0.0 cr
9
State Bank of India
No. of Loans: 1
Total Amount : 0.0 cr
Charges
The Hongkong and Shanghai Banking Corporation Limited
Bank of Baroda
BANQUE NATIONAL DE PARIS FRENCH BANK
THE NEW BANK OF INDIA
Others
Company Network
Companies connected through Directors
Subsidiary Companies
| Name | State / Country | Incorporation Year | Paidup Capital |
|---|---|---|---|
| BLUE STAR ENGINEERING & ELECTRONICS LIMITED | Maharashtra | 2010 | ₹ 10.6 Cr |
| BLUE STAR CLIMATECH LIMITED | Maharashtra | 2021 | ₹ 544.4 Cr |
| Blue Star Qatar -WLL | Qatar | - | - |
| Blue Star International FZCO | Uae | - | - |
| Blue Star MEA Airconditioning LLC | Uae | - | - |
| BSL AC&R (SINGAPORE) PTE. LTD | Singapore | - | - |
| Blue Star North America INC | Usa | - | - |
| Blue Star Europe BV | Netherlands | - | - |
| Blue Star Japan LLC | Japan | - | - |
| Blue Star Air Conditioning & Refrigerator (U) Limited | Uganda | - | - |
Tofler Score
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Risk
Severe Risk
- No risks identified
Moderate Risk
- No risks identified
Low Risk
- No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is
dependent on three key factors - Sustainability, Governance, and Growth.
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Registered Details
CIN
L28920MH1949PLC006870Incorporation
1949, 77.7 yearsCompany Email
secretarialdesk@bluestarindia.comPaid up Capital
₹ 41.1 CrAuthorised Capital
₹ 57.5 CrAGM
Aug 2026Type
Public
Others
FAQ - BLUE STAR LIMITED
What is the incorporation date of BLUE STAR LIMITED?
The incorporation date of BLUE STAR LIMITED is 20 January, 1949
What is the authorized share capital of BLUE STAR LIMITED?
The authorized share capital of BLUE STAR LIMITED is INR ₹ 57.5 Cr.
What is the paid-up capital of BLUE STAR LIMITED?
The paid-up capital of BLUE STAR LIMITED is INR ₹ 41.1 Cr.
What is the registered address of BLUE STAR LIMITED?
The registered address of BLUE STAR LIMITED is KASTURI BUILDINGJAMSHEDJI TATA ROAD MUMBAI Maharashtra - 400020
What is the CIN number of BLUE STAR LIMITED?
The CIN number of BLUE STAR LIMITED is L28920MH1949PLC006870.
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