Blue Dart Express Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.7%)
- Efficient capital deployment (ROCE 15.8%)
- Attractively valued vs sector (P/E 30.9x vs industry 38.9x)
- Near 52-week low — potential value zone (₹4,170)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIPORTS Adani Ports and Special Economic Zone Limited | ₹1,761 | ₹3.9L Cr | 29.5 | 4.23 | 16.4 | 14.1 | 0.85 |
| INDIGO InterGlobe Aviation Limited | ₹4,690 | ₹1.8L Cr | 37.4 | 26.06 | -27.1 | 5.24 | 8.67 |
| GMRAIRPORT GMR AIRPORTS LIMITED | ₹90 | ₹92K Cr | 164 | -34.5 | — | 11.6 | -15.17 |
| JSWINFRA JSW Infrastructure Limited | ₹— | ₹74K Cr | 47.5 | — | 15.3 | 13.6 | 0.52 |
| CONCOR Container Corporation of India Limited | ₹418 | ₹31K Cr | 25.2 | 2.46 | 9.81 | 12.6 | 0.07 |
| REDINGTON Redington Limited | ₹— | ₹28K Cr | 15.6 | 1.84 | 16.9 | 18.4 | 0.27 |
| DELHIVERY Delhivery Limited | ₹385 | ₹28K Cr | 232 | 2.98 | -0.21 | 1.01 | 0.17 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BLUEDART · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FII | 5.29% | 5.40% | 5.37% | 5.46% | 5.98% | 5.46% |
| DII | 11.76% | 11.73% | 12.65% | 12.94% | 12.49% | 13.04% |
| Public | 7.94% | 7.88% | 6.98% | 6.60% | 6.50% | 6.49% |
Corporate Events
Dividend - Rs 25 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 25 Per Sh
Annual General Meeting/Dividend - Rs 25 Per Share
Annual General Meeting/Dividend - Rs 30 Per Share
Latest News
All newsBlue Dart Express board meets, no major announcements disclosed
*Blue Dart Express board meets, no major announcements disclosed.* The company held its board meeting on October 09, 2026, as per the NSE filing. No details on dividends, acquisitions, or strategic moves were revealed. Outcome likely routine with no immediate market-moving developments. 📊 *STOCKS:* $BLUEDART | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
Blue Dart Express announces board meeting outcomes.
*Blue Dart Express announces board meeting outcomes.* The company disclosed outcomes from its September 23, 2026 board meeting. No major financial figures or strategic decisions were highlighted. The filing primarily covers procedural and compliance updates. 📊 *STOCKS:* BLUEDART | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
Blue Dart announces general corporate updates
*Blue Dart announces general corporate updates.* The company filed a disclosure on the NSE regarding routine corporate matters. No **specific financial figures** or strategic changes were detailed in the brief update. Further information is expected in subsequent filings. 📊 *STOCKS:* BLUEDART | 🏢 *SECTOR:* Logistics | #LOWIMPACT #Corporate
Blue Dart announces no major corporate updates
*Blue Dart announces no major corporate updates.* The company filed a routine disclosure with the NSE stating there are no significant developments to report. Such updates are standard and indicate business as usual. Investors may expect normal trading conditions. 📊 *STOCKS:* $BLUEDART | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporate
Blue Dart declares dividend record date
*Blue Dart declares dividend record date.* The company has set **15-Sep-2026** as the record date for dividend distribution. This marks a routine corporate action for shareholders. No financial impact on operations is expected. 📊 *STOCKS:* $BLUEDART | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Dividend
Blue Dart publishes statutory notice in newspaper
*Blue Dart publishes statutory notice in newspaper.* This is a routine compliance requirement and does not signal any operational or financial change. No material impact expected. 📊 *STOCKS:* BLUEDART | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Statutory
Blue Dart shares unchanged on general updates
*Blue Dart shares unchanged on general updates*. The company filed routine corporate updates with the NSE, disclosing no material developments. Trading remains subdued with **0.0%** price movement. No significant financial or operational changes were announced. 📊 *STOCKS:* BLUEDEXPRESS | 🏢 *SECTOR:* Logistics | #LOWIMPACT #corporate
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.5K Cr 5.1% | ₹1.6K Cr 4.3% | ₹1.5K Cr 7.4% | ₹1.4K Cr 1.8% | ₹1.4K Cr 6.3% | ₹1.5K Cr 4.4% | ₹1.4K Cr 7.8% | ₹1.3K Cr |
| Op. Profit | ₹222 Cr 21.0% | ₹281 Cr 11.5% | ₹252 Cr 28.6% | ₹196 Cr 8.0% | ₹213 Cr 10.9% | ₹239 Cr 9.6% | ₹218 Cr 7.9% | ₹202 Cr |
| OPM | 14.0% 17.6% | 17.0% 6.3% | 16.0% 14.3% | 14.0% 6.7% | 15.0% 6.3% | 16.0% 6.7% | 15.0% 0.0% | 15.0% |
| Net Profit | ₹49 Cr 27.9% | ₹68 Cr 16.0% | ₹81 Cr 65.3% | ₹49 Cr 10.9% | ₹55 Cr 32.1% | ₹81 Cr 28.6% | ₹63 Cr 18.9% | ₹53 Cr |
| EPS (₹) | 20.59 28.5% | 28.8 16.0% | 34.3 66.7% | 20.58 11.4% | 23.24 31.9% | 34.14 28.9% | 26.48 17.6% | 22.51 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.1K Cr 7.4% | ₹5.7K Cr 8.6% | ₹5.3K Cr 1.9% | ₹5.2K Cr 17.3% | ₹4.4K Cr 34.1% | ₹3.3K Cr 3.6% | ₹3.2K Cr 0.0% | ₹3.2K Cr 13.4% | ₹2.8K Cr 4.1% | ₹2.7K Cr |
| Expenses | ₹5.2K Cr 7.1% | ₹4.8K Cr 9.7% | ₹4.4K Cr 4.3% | ₹4.2K Cr 24.2% | ₹3.4K Cr 31.1% | ₹2.6K Cr 3.7% | ₹2.7K Cr 6.5% | ₹2.9K Cr 18.0% | ₹2.4K Cr 4.2% | ₹2.3K Cr |
| Op. Profit | ₹951 Cr 8.6% | ₹876 Cr 2.7% | ₹853 Cr 9.1% | ₹938 Cr 6.2% | ₹1.0K Cr 45.8% | ₹686 Cr 44.4% | ₹475 Cr 66.1% | ₹286 Cr 18.8% | ₹352 Cr 2.9% | ₹342 Cr |
| OPM | 15.0% 0.0% | 15.0% 6.3% | 16.0% 11.1% | 18.0% 21.7% | 23.0% 9.5% | 21.0% 40.0% | 15.0% 66.7% | 9.0% 30.8% | 13.0% 0.0% | 13.0% |
| Other Income | ₹-2 Cr 105.3% | ₹38 Cr 25.5% | ₹51 Cr 59.4% | ₹32 Cr 740.0% | ₹-5 Cr 16.7% | ₹-6 Cr 87.8% | ₹-49 Cr 357.9% | ₹19 Cr 5.0% | ₹20 Cr 23.1% | ₹26 Cr |
| Interest | ₹86 Cr 4.9% | ₹82 Cr 5.1% | ₹78 Cr 16.4% | ₹67 Cr 23.0% | ₹87 Cr 21.6% | ₹111 Cr 5.1% | ₹117 Cr 172.1% | ₹43 Cr 7.5% | ₹40 Cr 11.1% | ₹45 Cr |
| Depreciation | ₹536 Cr 10.5% | ₹485 Cr 12.0% | ₹433 Cr 9.9% | ₹394 Cr 0.3% | ₹395 Cr 8.1% | ₹430 Cr 23.9% | ₹347 Cr 171.1% | ₹128 Cr 12.3% | ₹114 Cr 9.6% | ₹104 Cr |
| PBT | ₹327 Cr 5.8% | ₹347 Cr 11.7% | ₹393 Cr 22.6% | ₹508 Cr 0.8% | ₹512 Cr 265.7% | ₹140 Cr 459.0% | ₹-39 Cr 129.1% | ₹134 Cr 38.2% | ₹217 Cr 0.9% | ₹219 Cr |
| Tax % | 24.0% 11.1% | 27.0% 17.4% | 23.0% 14.8% | 27.0% 8.0% | 25.0% 7.4% | 27.0% 285.7% | 7.0% 78.8% | 33.0% 0.0% | 33.0% 8.3% | 36.0% |
| Net Profit | ₹247 Cr 2.0% | ₹252 Cr 16.3% | ₹301 Cr 18.9% | ₹371 Cr 2.9% | ₹382 Cr 274.5% | ₹102 Cr 342.9% | ₹-42 Cr 146.7% | ₹90 Cr 37.9% | ₹145 Cr 3.6% | ₹140 Cr |
| EPS (₹) | 104.26 2.0% | 106.38 16.1% | 126.86 18.8% | 156.16 3.1% | 161.08 275.4% | 42.91 343.3% | -17.64 146.6% | 37.83 38.0% | 60.99 3.5% | 58.93 |
| Div Payout | 24.0% 0.0% | 24.0% 20.0% | 20.0% 5.3% | 19.0% 48.6% | 37.0% 5.7% | 35.0% | 0.0% 100.0% | 33.0% 57.1% | 21.0% 16.0% | 25.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr |
| Reserves | ₹1.8K Cr 14.2% | ₹1.5K Cr 14.2% | ₹1.3K Cr 16.3% | ₹1.2K Cr 36.3% | ₹848 Cr 49.3% | ₹568 Cr 21.6% | ₹467 Cr 15.7% | ₹554 Cr 9.1% | ₹508 Cr 25.1% | ₹406 Cr |
| Borrowings | ₹1.1K Cr 13.4% | ₹1.0K Cr 6.2% | ₹1.1K Cr 4.2% | ₹1.1K Cr 5.1% | ₹1.1K Cr 30.0% | ₹1.5K Cr 187.2% | ₹530 Cr 7.5% | ₹573 Cr 37.1% | ₹418 Cr 14.9% | ₹491 Cr |
| Other Liabilities | ₹1.2K Cr 10.1% | ₹1.1K Cr 7.4% | ₹1.0K Cr 10.6% | ₹923 Cr 3.6% | ₹891 Cr 13.8% | ₹783 Cr 51.7% | ₹1.6K Cr 145.1% | ₹661 Cr 19.5% | ₹553 Cr 15.9% | ₹477 Cr |
| Total Liabilities | ₹4.1K Cr 12.7% | ₹3.7K Cr 5.8% | ₹3.5K Cr 7.4% | ₹3.2K Cr 13.9% | ₹2.8K Cr 2.3% | ₹2.9K Cr 9.7% | ₹2.6K Cr 45.8% | ₹1.8K Cr 20.5% | ₹1.5K Cr 7.6% | ₹1.4K Cr |
Assets | ||||||||||
| Fixed Assets | ₹2.0K Cr 12.2% | ₹1.8K Cr 0.5% | ₹1.8K Cr 26.9% | ₹1.4K Cr 0.0% | ₹1.4K Cr 9.2% | ₹1.6K Cr 4.9% | ₹1.7K Cr 154.6% | ₹654 Cr 26.3% | ₹518 Cr 10.0% | ₹471 Cr |
| CWIP | ₹27 Cr 64.9% | ₹77 Cr 4.1% | ₹74 Cr 83.1% | ₹439 Cr 536.2% | ₹69 Cr 885.7% | ₹7 Cr 61.1% | ₹18 Cr 80.2% | ₹91 Cr 8.1% | ₹99 Cr 47.8% | ₹67 Cr |
| Investments | ₹413 Cr 7.0% | ₹386 Cr 25.7% | ₹307 Cr 79.5% | ₹171 Cr 17.4% | ₹207 Cr 38.0% | ₹150 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹1.7K Cr 19.2% | ₹1.4K Cr 10.3% | ₹1.3K Cr 6.9% | ₹1.2K Cr 5.5% | ₹1.1K Cr 3.7% | ₹1.2K Cr 20.9% | ₹958 Cr 10.1% | ₹1.1K Cr 20.5% | ₹885 Cr 2.9% | ₹860 Cr |
| Total Assets | ₹4.1K Cr 12.7% | ₹3.7K Cr 5.8% | ₹3.5K Cr 7.4% | ₹3.2K Cr 13.9% | ₹2.8K Cr 2.3% | ₹2.9K Cr 9.7% | ₹2.6K Cr 45.8% | ₹1.8K Cr 20.5% | ₹1.5K Cr 7.6% | ₹1.4K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹810 Cr 10.2% | ₹735 Cr 13.2% | ₹847 Cr 18.1% | ₹717 Cr 16.6% | ₹860 Cr 14.7% | ₹750 Cr 106.0% | ₹364 Cr 49.8% | ₹243 Cr 23.3% | ₹317 Cr 40.9% | ₹225 Cr |
| Investing CF | ₹-315 Cr 5.0% | ₹-300 Cr 20.0% | ₹-375 Cr 27.0% | ₹-514 Cr 4772.7% | ₹11 Cr 102.1% | ₹-529 Cr 174.1% | ₹-193 Cr 31.1% | ₹-280 Cr 47.4% | ₹-190 Cr 16.7% | ₹-228 Cr |
| Financing CF | ₹-424 Cr 2.3% | ₹-434 Cr 8.2% | ₹-401 Cr 37.8% | ₹-291 Cr 62.3% | ₹-772 Cr 228.5% | ₹-235 Cr 30.9% | ₹-340 Cr 530.4% | ₹79 Cr 152.0% | ₹-152 Cr 360.6% | ₹-33 Cr |
| Net Cash Flow | ₹72 Cr 3500.0% | ₹2 Cr 97.2% | ₹71 Cr 179.8% | ₹-89 Cr 189.9% | ₹99 Cr 807.1% | ₹-14 Cr 91.7% | ₹-169 Cr 502.4% | ₹42 Cr 268.0% | ₹-25 Cr 30.6% | ₹-36 Cr |
| Free Cash Flow | ₹498 Cr 2.0% | ₹488 Cr 16.6% | ₹585 Cr 298.0% | ₹147 Cr 78.7% | ₹689 Cr 16.8% | ₹590 Cr 253.3% | ₹167 Cr 479.5% | ₹-44 Cr 137.0% | ₹119 Cr 108.8% | ₹57 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55d 10.0% | 50d 8.7% | 46d 2.2% | 45d 6.3% | 48d 15.8% | 57d 6.6% | 61d 8.9% | 56d 1.8% | 55d 12.2% | 49d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 55d 10.0% | 50d 8.7% | 46d 2.2% | 45d 6.3% | 48d 15.8% | 57d 6.6% | 61d 8.9% | 56d 1.8% | 55d 12.2% | 49d |
| Working Capital Days | -35d 52.2% | -23d 51.1% | -47d 104.3% | -23d 53.1% | -49d 33.8% | -74d 100.0% | -37d 68.2% | -22d 29.4% | -17d 5.6% | -18d |
| ROCE | 16.0% 0.0% | 16.0% 15.8% | 19.0% 26.9% | 26.0% 16.1% | 31.0% 82.4% | 17.0% 30.8% | 13.0% 23.5% | 17.0% 39.3% | 28.0% 9.7% | 31.0% |
Source: Screener.in · Lower days = better efficiency
About Blue Dart Express Limited
Blue Dart Express Limited, incorporated in 1988, is involved in transportation and door-to-door distribution of time-sensitive shipments, through an integrated ground and air transportation network. The company is regarded as South Asia’s leading courier and integrated air express package distribution company. [1]
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