A heat-sensitive recording material comprising a support having provided thereon a heat-sensitive layer containing microcapsules containing at least one diazonium salt capable of azo-coupling with 2-hydroxy-3-naphthoic acid anilide to develop a blue color, a 2-hydroxy-3-naphthoic acid amide derivative, a benzoylacetic amide derivative represented by the following formula and a basic substance: ##STR1## wherein X represents a hydrogen atom, a halogen atom, a lower alkyl group or an alkoxy, aralkyloxy, phenoxy or acylamino group having up to 18 carbon atoms; Y represents an alkyl or aralkyl group having from 7 to 18 carbon atoms, an alkoxy, aralkyloxy, phenoxy, naphthyloxy, alkylthio, aralkylthio or phenylthio group having from 6 to 18 carbon atoms, a naphthylthio group, a sulfonyloxy group, a sulfamoyl gorup, a ureido group, a thioureido group or an acylamino group; X' and Y' each represents a hydrogen atom, a halogen atom, a lower alkyl group or a lower alkoxy group; and Y and Y' may combine to form a substituted or unsubstituted benzene ring. The material has excellent preservability before heat recording, provides a high color density upon heat recording, and develops a black color fixable with light.