iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Blue Star Ltd Q4 PAT up 12.07% at Rs76.16 crore but material costs up 38.7% on a yoy basis

5 May 2022 , 07:37 PM

Blue Star Ltd reported 39.47% growth in total revenues yoy for the Mar-22 quarter on consolidated basis at Rs2,247.58cr. On a sequential basis, revenues were higher for the quarter by 49.22%.

For the full year FY22, the revenues were higher by 40.6% at Rs6,081cr. In terms of business verticals, Blue Star saw robust growth across both its verticals viz. the Electromechanical projects vertical (including air conditioning) vertical and the unitary products vertical.

The revenues were on the back of record summer sales this quarter, as it is turning out to be one of the hottest in recent times.

The consolidated net profit for Q4 was up 12.07% at Rs76.16cr while it was up on a sequential basis by 60.34%.

The net profit growth was not too impressive despite the operating profit growing at 37% on a yoy basis. That is largely due to the lower inventory management efficiency in the quarter and higher unallocable expenses.

Net margins stood at 3.39% in Mar-22 quarter compared to 4.22% in Mar-21. NPM was higher sequentially compared to 3.15% in Q3. The project execution business generally has low net margins.

Financial highlights for Mar-22 compared yoy and sequentially

Blue Star Ltd
Rs in Crore Mar-22 Mar-21 YOY Dec-21 QOQ
Total Income (Rs cr) ₹ 2,247.58 ₹ 1,611.55 39.47% ₹ 1,506.22 49.22%
Net Profit (Rs cr) ₹ 76.16 ₹ 67.96 12.07% ₹ 47.50 60.34%
Diluted EPS (Rs) ₹ 7.92 ₹ 7.06 ₹ 4.94
Net Margins 3.39% 4.22% 3.15%

Related Tags

  • Air Conditioning Sector
  • Blue Star management
  • Blue Star news
  • Blue Star Q4
  • Blue Star Q4FY22 Air Conditioning business
  • Blue Star Q4FY22 PAT
  • Blue Star Q4FY22 Result
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.