Star HoldingsSTHOEarnings & Financial Report
Nasdaq
Blue Star Ltd is an Indian multinational home appliances company, headquartered in Mumbai. It specializes in air conditioning, commercial refrigeration and MEP. It is the country's second largest homegrown player in the air conditioning space.
STHO Q4 2025 Key Financial Metrics
Revenue
$25.4M
Gross Profit
N/A
Operating Profit
$-23.3M
Net Profit
$-19.1M
Gross Margin
N/A
Operating Margin
-91.7%
Net Margin
-75.5%
YoY Growth
-22.6%
EPS
$-1.52
Financial Flow
Star Holdings Q4 2025 Financial Summary
Star Holdings reported revenue of $25.4M for Q4 2025, with a net profit of $-19.1M (-75.5% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $25.4M |
|---|---|
| Net Profit | $-19.1M |
| Gross Margin | N/A |
| Operating Margin | -91.7% |
| Report Period | Q4 2025 |
Star Holdings Annual Revenue by Year
Star Holdings annual revenue history includes year-by-year totals (for example, 2025 revenue was $110.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $110.1M |
| 2024 | $113.3M |
| 2023 | $123.1M |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.4M | $30.6M | $24.6M | $32.8M | $14.6M | $42.1M | $28.1M | $25.4M |
| YoY Growth | 51.5% | 19.9% | -43.7% | -12.0% | -42.5% | 37.7% | 14.5% | -22.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $622.9M | $601.0M | $696.5M | $608.7M | $618.2M | $589.9M | $595.9M | $570.2M |
| Liabilities | $238.2M | $244.3M | $247.9M | $263.7M | $281.9M | $294.0M | $302.2M | $304.3M |
| Equity | $362.4M | $335.3M | $427.5M | $324.3M | $316.1M | $276.1M | $275.4M | $251.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-14.2M | $-6.4M | $-3.8M | $-6.9M | $-6.3M | $-2.6M | $5.3M | $-8.0M |