Blue Star Share Price

Blue Star Limited is one of India’s leading air conditioning, commercial refrigeration and Mechanical, Electrical, Plumbing and Fire-fighting (MEP) contracting companies with more than 80 years of industry experience. Headquartered in Mumbai, the company has evolved from a small cooling equipment reconditioning business into a diversified engineering and cooling solutions enterprise.

Blue Star operates through an integrated business model that combines manufacturing, Engineering, Procurement and Construction (EPC) services and after-sales support, enabling it to cater to residential, commercial and infrastructure customers across India and overseas markets. The company has over 30 offices, 7 manufacturing facilities, more than 10,000 retail outlets and 2,100 service centres across over 900 towns in India. The company is listed on the Bombay Stock Exchange (BOM: 500067) and the National Stock Exchange (NSE: BLUESTARCO).

Blue Star Business Segments And Revenue Model

Blue Star operates across three major verticals: electro-mechanical projects and packaged air conditioning systems, unitary products, and engineering & electronics solutions.

The electro-mechanical projects business includes design, manufacturing, installation and maintenance of Heating, Ventilation and Air Conditioning (HVAC) systems and Variable Refrigerant Flow (VRF) systems, ducted air conditioning systems, plumbing, electrification, and fire-fighting solutions. The company also earns recurring revenue through retrofit projects, annual maintenance contracts, and after-sales services.

Its unitary products segment includes room air conditioners, deep freezers, water coolers, modular cold rooms, air purifiers, air coolers, and water purifiers. The company has expanded significantly in inverter ACs, commercial refrigeration and cold chain equipment, supported by a wide retail distribution network and growing e-commerce presence.

Blue Star Engineering & Electronics Limited, a wholly owned subsidiary, provides advanced engineering solutions across MedTech equipment, industrial systems, and data security solutions in collaboration with global technology partners. This segment strengthens Blue Star’s presence in specialised engineering applications and turnkey industrial projects.

Blue Star Key Milestones

• 1943: Established as a small air conditioning service setup.
  
• 1949: Became Blue Star Engineering Company Private Limited.
  
• 1970: Took up the all-India distributorship of Hewlett-Packard products.
  
• 1977: Set up a joint venture with Al Shirawi in Dubai.
  
• 1980: Established its manufacturing unit at Bharuch.
  
• 1997: Inaugurated the Dadra manufacturing plant.
  
• 2005: Set up a factory at Kala Amb in Himachal Pradesh.
  
• 2008: Completed strategic acquisition of Naseer Electricals.
  
• 2016: Forayed into professional kitchen equipment and healthcare refrigeration.
  
• 2021: Launched a new affordable range of split ACs to cater to the mass market.
  
• 2022: Forayed into water projects business.
  

Blue Star ESG And Sustainability

• The Computer Aided Learning (CAL) and Digital Literacy as Life Skills (DLLS) initiatives focus on integrating technology into classrooms through computer labs, digital education support, and capacity building programmes.
  
• Vocational skill development programmes in air conditioning, refrigeration, electrical and plumbing services in institutions such as IGIAT and Himalayan Group of Professional Institutions.
  
• Building climate resilience for women and smallholder farmers in Adivasi communities through beekeeping with indigenous bees (Maharashtra).
  
• Creating sustainable livelihoods for Persons with Disabilities (PwDs) and young women from marginalised backgrounds in the retail sector (West & South).
  
• Rainwater harvesting pond for water conservation and advanced water treatment plants with zero liquid discharge at Sri City.
  

Blue Star Awards And Recognitions

• Honoured with the Prashansa Patra at the NSCI Safety Awards 2025 in the Construction Sector.
  
• Won the Golden Peacock Award for Risk Management, 2022.
  
• Won the Golden Peacock Award for Excellence in Corporate Governance, 2021.
  
• Won the ‘Best Governed Company' award at the 19th ICSI National Awards for Excellence in Corporate Governance.