Blue Dart Express Limited (IN:BLUEDART)
:BLUEDART
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Blue Dart Express Limited
(BLUEDART)
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Rating:68Neutral
Price Target:
₹5,826.00
▲(4.73% Upside)
Action:ReiteratedDate:11/15/25
Blue Dart Express Limited's overall stock score is driven by strong financial performance, particularly in revenue growth and cash flow management. However, the high P/E ratio and low dividend yield suggest valuation concerns. Technical indicators show neutral momentum, with no strong buy or sell signals.
Positive Factors
Consistent Revenue Growth
Sustained top-line growth from 44.10bn (2022) to 57.20bn (2025) with stable gross margins signals durable demand and pricing power in express logistics. This supports scale economics, ongoing network investments, and long-term ability to fund service quality and capacity expansion.
Negative Factors
Declining Net Income
A material decline in net income despite revenue growth points to margin compression or rising operating/non-operating costs. Persisting lower profits reduce return on invested capital, constrain retained earnings and limit long-term capacity to fund growth without increasing leverage or cutting investments.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Revenue Growth
Sustained top-line growth from 44.10bn (2022) to 57.20bn (2025) with stable gross margins signals durable demand and pricing power in express logistics. This supports scale economics, ongoing network investments, and long-term ability to fund service quality and capacity expansion.
Read all positive factors
Blue Dart Express Limited (BLUEDART) vs. iShares MSCI India ETF (INDA)
Market Cap
₹129.96B
Dividend Yield0.46%
Average Volume (3M)23.76K
Price to Earnings (P/E)47.9
Beta (1Y)0.87
Revenue Growth7.09%
EPS Growth-7.77%
CountryIN
Employees12,541
SectorServices
Sector StrengthN/A
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)N/A
Shares Outstanding23,727,934
10 Day Avg. Volume4,181
30 Day Avg. Volume23,762
Financial Highlights & Ratios
PEG Ratio-3.62
Price to Book (P/B)9.46
Price to Sales (P/S)2.58
P/FCF Ratio30.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)175.49
Revenue Forecast (FY)₹68.03B
Blue Dart Express Limited Business Overview & Revenue Model
Company Description
Blue Dart Express Limited provides courier and express services. It provides day-definite and time-definite delivery schedules across air and ground network under the Domestic Priority, Dart Apex, Dart Surfaceline, and Dart Plus names; door-to-doo...
How the Company Makes Money
Blue Dart primarily makes money by charging customers for transportation and delivery services across its express and logistics network. Key revenue streams include: (1) Domestic express services: fees for time-definite delivery of documents and p...
Blue Dart Express Limited Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 59.20B | 57.20B | 52.68B | 51.72B | 44.10B | 32.88B |
| Gross Profit | 10.43B | 9.84B | 9.60B | 10.11B | 10.21B | 5.97B |
| EBITDA | 9.44B | 9.15B | 9.04B | 9.70B | 9.95B | 6.81B |
| Net Income | 2.66B | 2.52B | 3.01B | 3.71B | 3.82B | 1.02B |
Balance Sheet | ||||||
| Total Assets | 38.21B | 36.63B | 34.61B | 32.23B | 28.29B | 28.97B |
| Cash, Cash Equivalents and Short-Term Investments | 4.90B | 5.52B | 4.72B | 2.65B | 3.94B | 4.86B |
| Total Debt | 10.81B | 10.07B | 10.74B | 11.21B | 10.67B | 15.22B |
| Total Liabilities | 21.90B | 21.04B | 20.94B | 20.43B | 19.57B | 23.05B |
| Stockholders Equity | 16.31B | 15.59B | 13.67B | 11.80B | 8.72B | 5.92B |
Cash Flow | ||||||
| Free Cash Flow | 1.45B | 4.81B | 5.79B | 1.45B | 6.85B | 5.90B |
| Operating Cash Flow | 2.70B | 7.35B | 8.47B | 7.17B | 8.60B | 7.50B |
| Investing Cash Flow | -772.40M | -3.00B | -3.75B | -5.14B | 113.10M | -5.29B |
| Financing Cash Flow | -2.21B | -4.34B | -4.01B | -2.91B | -7.72B | -2.35B |
Blue Dart Express Limited Technical Analysis
Neutral
5562.65
Price Trends
5381.90
Positive
5444.28
Negative
5738.60
Negative
Market Momentum
-27.39
Negative
60.52
Neutral
96.28
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BLUEDART, the sentiment is Neutral. The current price of 5562.65 is above the 20-day moving average (MA) of 5044.31, above the 50-day MA of 5381.90, and below the 200-day MA of 5738.60, indicating a neutral trend. The MACD of -27.39 indicates Negative momentum. The RSI at 60.52 is Neutral, neither overbought nor oversold. The STOCH value of 96.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:BLUEDART.
Blue Dart Express Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹72.28B | 18.01 | ― | 0.94% | 8.65% | 13.08% | |
68 Neutral | ₹129.96B | 47.93 | ― | 0.46% | 7.09% | -7.77% | |
66 Neutral | ₹14.38B | ― | ― | 19.52% | -43.51% | -374.04% | |
63 Neutral | ₹19.96B | 25.07 | ― | 1.37% | -0.12% | -13.61% | |
57 Neutral | ₹348.93B | 190.78 | ― | ― | 11.73% | 629.04% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
53 Neutral | ₹40.60B | 1,331.20 | ― | 0.69% | 14.65% | 95.62% |
* Services Sector Average
IN:BLUEDART
Blue Dart Express Limited
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Blue Dart Express Limited Corporate Events
Blue Dart Chairman and Independent Director Prakash Apte to Step Down Citing Health Reasons
Apr 12, 2026
Blue Dart Express Limited has announced that its Chairman and Independent Director, Mr. Prakash Krishnaji Apte, has tendered his resignation effective at the conclusion of the Board meeting scheduled for April 13, 2026, citing health reasons. His ...
Blue Dart Chairman and Independent Director Prakash Apte Resigns Citing Health Reasons
Apr 12, 2026
Blue Dart Express Limited announced that Chairman and Independent Director Prakash Krishnaji Apte has tendered his resignation, effective at the conclusion of the board meeting scheduled for April 13, 2026, citing health reasons. His departure wil...
Blue Dart Reports Low-Severity Cyber Incident With No Data Breach
Apr 10, 2026
Blue Dart Express Limited reported that a low-severity cyber security incident was detected within its parent group, primarily involving phishing and impersonation exposure. The company stated that no customer or business-sensitive data was compro...
Blue Dart Opens Special Window for Dematerialisation of Physical Shares
Apr 9, 2026
Blue Dart Express Limited has notified the stock exchanges that it has published newspaper advertisements announcing the opening of a special window for transfer and dematerialisation of physical shares, in line with a recent SEBI circular issued ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.