---
title: "Blue Bird (India) Ltd (BLUEBIRD) — Share Price, Financials & Analysis"
symbol: "BLUEBIRD"
company: "Blue Bird (India) Ltd"
canonical: "https://tapetide.com/stocks/BLUEBIRD"
generated_at: "2026-10-13T11:02:34.187Z"
---

# Blue Bird (India) Ltd (BLUEBIRD)

Canonical page: https://tapetide.com/stocks/BLUEBIRD

## Company

- **Stock Type:** EQUITY
- **Listed Since:** 2006-12-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bluebirdpune.com

## About

Blue Bird (India) Limited, incorporated in India, Listed on the Bombay Stock  exchange Limited, and National Stock Exchange Limited, the company is engaged in manufacture of branded note books, publication and trading of stationery items.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Working capital days have increased from 1,562 days to 3,694 days

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -332% |
| revenue growth | -108% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 256.24 | 410.91 | 288.71 | 174.26 | 251.45 | 464.25 | 295.51 | 203.85 | 274.47 | 505.91 | 341.3 | 238.02 |
| Expenses | 207.52 | 306.65 | 229.76 | 162.97 | 205.68 | 350.86 | 234.96 | 178.31 | 235.7 | 406.15 | 290.03 | 227.38 |
| Operating Profit | 48.72 | 104.26 | 58.95 | 11.29 | 45.77 | 113.39 | 60.55 | 25.54 | 38.77 | 99.76 | 51.27 | 10.64 |
| OPM % | 19.01 | 25.37 | 20.42 | 6.48 | 18.2 | 24.42 | 20.49 | 12.53 | 14.13 | 19.72 | 15.02 | 4.47 |
| Other Income | 2.41 | 1.6 | 4.37 | 3.84 | 2.69 | 4.15 | 5.41 | 4.49 | 3.27 | 4.52 | 7.32 | 5.03 |
| Interest | 4.72 | 5.56 | 4.32 | 3.77 | 4.25 | 3.55 | 3.15 | 3.08 | 3.9 | 3.83 | 3.86 | 3.97 |
| Depreciation | 8.41 | 8.52 | 8.78 | 8.38 | 9.23 | 10.89 | 10.93 | 9.54 | 10.84 | 11.72 | 11.56 | 11.76 |
| Profit before tax | 38 | 91.78 | 50.22 | 2.98 | 34.98 | 103.1 | 51.88 | 17.41 | 27.3 | 88.73 | 43.17 | -0.06 |
| Tax % | 24.26 | 22.62 | 24.23 | -210.07 | 20.98 | 24.91 | 24.87 | 31.48 | 19.41 | 24.51 | 22.59 | 150 |
| Net Profit | 28.78 | 71.02 | 38.05 | 9.24 | 27.64 | 77.42 | 38.98 | 11.93 | 22 | 66.98 | 33.42 | -0.15 |
| EPS in Rs | 40.04 | 98.81 | 52.94 | 12.86 | 38.45 | 107.71 | 54.23 | 16.6 | 30.61 | 93.19 | 46.5 | -0.22 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 401 | 454 | 459 | 502 | 428 | -33 |
| Expenses | 345 | 393 | 383 | 407 | 422 | 99 |
| Operating Profit | 56 | 61 | 76 | 95 | 6 | -133 |
| OPM % | 14 | 13 | 17 | 19 | 1.4 | — |
| Other Income | 1 | 1 | 2 | 2 | 2 | -187 |
| Interest | 14 | 16 | 38 | 68 | 82 | 88 |
| Depreciation | 3 | 4 | 5 | 7 | 7 | 8 |
| Profit before tax | 39 | 42 | 35 | 23 | -80 | -415 |
| Tax % | 36 | 35 | 35 | 37 | -34 | 0 |
| Net Profit | 25 | 27 | 23 | 15 | -53 | -415 |
| EPS in Rs | — | 7.7 | 6.45 | 4.2 | -15.14 | -118.68 |
| Dividend Payout % | 0 | 16 | 19 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 25 | 35 | 35 | 35 | 35 | 35 |
| Reserves | 36 | 138 | 155 | 169 | 117 | -299 |
| Borrowings | 105 | 141 | 326 | 506 | 631 | 720 |
| Other Liabilities | 105 | 100 | 36 | 132 | 61 | 88 |
| Total Liabilities | 271 | 413 | 552 | 842 | 843 | 544 |
| Fixed Assets | 37 | 57 | 66 | 89 | 83 | 75 |
| CWIP | 3 | 2 | 27 | 19 | 19 | 19 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 231 | 354 | 458 | 734 | 742 | 450 |
| Total Assets | 271 | 413 | 552 | 842 | 843 | 544 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5 | -85 | -114 | -41 | -58 | -1 |
| Cash from Investing Activity | -11 | -24 | -39 | -21 | -1 | 0 |
| Cash from Financing Activity | 8 | 116 | 146 | 60 | 47 | 1 |
| Net Cash Flow | 2 | 7 | -7 | -2 | -12 | 0 |
| Free Cash Flow | -6 | -109 | -153 | -62 | -59 | -1 |
| CFO/OP | 32 | -115 | -123 | -34 | -944 | 0 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 104 | 118 | 167 | 248 | 376 | — |
| Inventory Days | 111 | 174 | 223 | 364 | 265 | — |
| Days Payable | 97 | 73 | 14 | 16 | 43 | — |
| Cash Conversion Cycle | 117 | 219 | 376 | 596 | 598 | — |
| Working Capital Days | 103 | 189 | 327 | 432 | 561 | — |
| ROCE % | — | 24 | 18 | 15 | 0 | -23 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 65.16% | 64.72% | 64.73% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% |
| FIIs | 0% | 0.15% | 0.67% | 0% | 0% | 0.1% | 0.09% | 0.45% | 0.68% | 0.56% |
| DIIs | 0.23% | 0.2% | 0.14% | 0.34% | 0.01% | 0.01% | 0% | 0% | 0% | 0.42% |
| Public | 34.61% | 34.93% | 34.47% | 34.94% | 35.27% | 35.17% | 35.19% | 34.83% | 34.58% | 34.29% |
| No. of Shareholders | 13505 | 14877 | 17388 | 12578 | 11300 | 12627 | 13128 | 14138 | 18717 | 19230 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% | 64.72% |
| FIIs | 0.09% | 0.03% | 0.09% | 0.09% | 0.45% | 0.38% | 0.35% | 0.3% | 0.68% | 0.77% | 0.57% | 0.56% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.05% | 0% | 0% | 0.44% | 0.47% | 0.42% |
| Public | 35.19% | 35.25% | 35.18% | 35.2% | 34.83% | 34.9% | 34.88% | 34.97% | 34.58% | 34.06% | 34.23% | 34.29% |
| No. of Shareholders | 13128 | 12381 | 13700 | 14286 | 14138 | 15948 | 19677 | 17827 | 18717 | 20622 | 19638 | 19230 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-21 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0290b9a-88bf-421a-8657-a3a1ad0ffb5f.pdf) |
| 2026-02-18 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c6d7305-1eb9-4fa5-9d1f-49f200a50650.pdf) |
| 2026-02-09 | [Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter Ended On 31-12-2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee815e33-0caf-4645-9458-248beb49a18a.pdf) |
| 2026-01-31 | [Board Meeting Intimation for Declaration Of Financial Results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2eba5f8-e0af-4fe1-b9f5-0ba845bc333b.pdf) |
| 2026-01-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d422b302-2fef-4cdd-8e8a-b28502e5a675.pdf) |
| 2025-12-31 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dad1a60d-549c-4bdc-ba17-e3aad0aacde0.pdf) |
| 2025-11-12 | [Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended On 30Th September 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5b033df-b78f-4827-9825-920e6cdcfb30.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb14f0fe-b7a2-4d00-80a5-059520be5347.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f5c0e06-b337-4414-aa9e-bfa03a18c535.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d592278a-a012-452f-bd52-9d577c178150.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/519156/76197519156.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/519156/69880519156.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/519156/66054519156.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/519156/5191560319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/519156/5191560318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/519156/5191560317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/519156/5191560316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a171414a-8ca2-469b-8b9c-2ed9a3f46c3a.pdf) |
| Feb 2019 | [Concall - Feb 2019](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/42a7a9ec-83e7-4495-b6ce-df79a3245d6b.pdf) |
| Dec 2018 | [Concall - Dec 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/12/66dffe97-d888-49f8-ad63-0be5ace5cc47.pdf) |
| Aug 2018 | [Concall - Aug 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/8/5ce2b3d0-3115-41e0-8f2c-ddc9ea72fa66.pdf) |
| Jun 2018 | [Concall - Jun 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/3ddfaca0-ee7a-4bfc-b661-bf976ce15bbe.pdf) |
| Feb 2018 | [Concall - Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/24d775e4-15fc-46ef-80b8-a9d23ed716d4.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/91e98726-b79f-4a65-9976-a67564bc9cf8.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/097b6276-e189-4da9-861f-383cbbbba5db.pdf) |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/d121f417-91f4-4cbc-ba2f-9b43266245f7.pdf) |
| Aug 2015 | [Concall - Aug 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=D035FC94_C501_49EC_AD5B_8FBBAEBEE660_124713.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-04-10 | Credit rating update — India Ratings |
| 2024-01-24 | Credit rating update — India Ratings |
| 2024-01-05 | Credit rating update — India Ratings |
| 2024-01-04 | Credit rating update — CARE Ratings |
| 2023-10-04 | Credit rating update — CARE Ratings |
| 2022-10-07 | Credit rating update — India Ratings |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:02:34.187Z.