Blue Star - Product Portfolio Primed For Market Share Gains: Dolat Capital
Floor-standing air conditioners are displayed in a showroom (Photographer Qilai Shen/Bloomberg)

Blue Star - Product Portfolio Primed For Market Share Gains: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Blue Star Ltd. indicated that Q1 FY22 could end at 80% levels of Q1 FY20 if markets open in June.

They have expanded their product offering for the mass premium segment and identified first time buyers, North Indian markets, mass premium segment are key drivers to gain market share.

They aim to do this while balancing margins through cost and value levers with a longer term target of 10% margins.

They are not participating in the production linked incentive, though their expansions plans in Sricity continues as it will help them address their main South market better.

They continue to be selective in projects business as seen by their margins and cash flows in FY21.

Click on the attachment to read the full report:

Dolat Capital Blue Star Management Meet Note.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.