Blue Star Limited — Q2FY27 earnings call summary

Filed 05 November 2026 · Official transcript

Margins under pressure; target 6.5% margin in unitary products for FY27
Electromechanical projects order book Rs. 7,229 cr; focus on data centers driving growth
Capex guidance Rs. 300 cr for FY27 including R&D and digital spend
Segment 1 margin guidance 7-7.5%; data center projects may reach 8.5% margin
Q2 FY27 consolidated revenue grew ~21%; operating profit up ~10.5%
Room AC segment grew ~42% primary sales in Q2; full year growth expected ~25%
Commercial refrigeration showing revival signs; single-digit growth expected in H2 FY27
MedTech business sold for Rs. 35.6 cr; revenue Rs. 41 cr in FY26