Blue Star Q4 FY26 Earnings Call Transcript

Blue Star reported Q4 FY26 consolidated revenue growth of 1.3% to ₹4,072 crore and improved EBITDA margin of 8% from 7% YoY.
Management highlighted a challenging FY26 with multiple headwinds including weak summer, GST changes, and supply chain disruptions from trade wars.
The company is cautiously optimistic for FY27, noting a strong summer onset in April but ongoing margin pressures from rising input costs and geopolitical issues.
A final dividend of ₹8.5 per share was recommended, down from ₹9 last year, with the carry forward order book growing 10.5% to ₹6,923 crore.