Blue Dart Express Limited

NSE: BLUEDART · Unclassified

₹4,541.30-0.76%06 Nov 2026

Ask the data

Instant answers about Blue Dart Express Limited — computed from its filings, no language model

Market cap₹10,777 cr

Current price₹4,541.30

High / Low₹6,694 / ₹4,171

P/E157.7

P/B6.07

Book value₹748.8

ROE3.8%

ROCE23.6%

Debt / equity0.11

Dividend yield0.55%

EPS (TTM)₹28.79

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY21	FY22	FY23	FY24	FY26
Revenue	3,175	3,288	4,410	5,172	5,268	6,141
EBITDA	474	686	1,000	937	853	951
Operating margin	14.9%	20.9%	22.7%	18.1%	16.2%	15.5%
Interest	117	111	87	67	78	86
Depreciation	347	430	395	394	433	536
Profit before tax	-39	140	512	508	393	327
Tax	3	38	130	138	92	79
Net profit	0	0	0	0	0	0
EPS ₹	-17.64	42.91	161.08	156.16	126.86	104.26
Operating cash flow	—	—	860	717	847	810
Capex	—	—	0	571	268	315
Dividend paid	—	—	95	83	71	59
Total assets	—	—	—	3,223	3,461	4,127
Equity	—	—	—	1,180	1,367	1,777

Quarterly performance

last 28 quarters · ₹ crore

showing latest 8 of 28 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	789	802	858	726	416	867	1,037	968	866	1,124	1,255	1,166	1,293	1,325	1,337	1,217	1,238	1,324	1,383	1,323	1,343	1,448	1,512	1,442	1,549	1,616	1,533	1,658
Operating profit	113	126	142	92	-43	229	252	248	159	275	274	292	267	243	228	199	191	223	213	226	202	218	239	196	252	281	222	261
Operating margin	14.4%	15.8%	16.5%	12.7%	-10.2%	26.4%	24.3%	25.6%	18.4%	24.5%	21.8%	25.0%	20.7%	18.3%	17.1%	16.4%	15.4%	16.8%	15.4%	17.1%	15.1%	15.1%	15.8%	13.6%	16.3%	17.4%	14.5%	15.8%
Other income	6	7	2	1	3	5	6	7	7	6	14	4	7	8	9	9	10	5	24	11	9	9	12	10	10	10	12	15
Interest	30	29	29	30	28	30	27	26	25	23	20	20	18	18	16	15	19	20	20	19	21	21	21	19	22	24	22	21
Depreciation	81	83	88	95	96	112	115	108	99	101	103	93	97	101	100	96	99	111	111	113	118	121	121	121	131	145	140	137
Profit before tax	9	21	-38	-31	-163	57	124	122	42	122	165	183	159	131	121	97	82	98	108	105	72	85	109	66	109	79	73	119
Tax	3	6	-6	-1	-37	15	29	32	10	31	42	46	40	37	33	27	21	25	19	27	19	22	28	17	28	11	24	31
Net profit	0	0	0	0	-126	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	68	0	0
EPS ₹	2.52	6.17	-13.45	-12.89	-53.04	17.84	40.17	37.93	13.18	38.16	52.01	57.73	50.06	39.47	37.36	29.27	25.83	30.79	37.46	32.78	22.51	26.49	34.14	20.58	34.30	28.79	20.59	37.29
Revenue YoY	—	—	—	—	-47.2%	8.0%	20.9%	33.3%	108.1%	29.7%	21.0%	20.4%	49.3%	17.9%	6.6%	4.3%	-4.3%	-0.1%	3.4%	8.7%	8.5%	9.4%	9.3%	7.4%	7.0%	6.9%	—	15.0%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Blue Dart Express Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	949	956	1,228	1,567	1,755	1,934	2,268	2,554	2,681	2,791	3,165
Operating profit	104	125	168	171	221	172	224	332	264	260	173
Operating margin	10.9%	13.1%	13.7%	10.9%	12.6%	8.9%	9.9%	13.0%	9.9%	9.3%	5.5%
Other income	4	5	8	24	33	43	24	28	28	23	18
Interest	—	—	—	—	—	—	—	31	31	26	15
Depreciation	17	18	20	24	27	27	44	40	44	45	48
Profit before tax	91	111	156	171	227	187	194	290	217	212	128
Tax	33	39	49	56	68	63	67	100	77	70	41
Net profit	58	73	107	115	160	124	127	190	140	142	88

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	207	232	240	245	266	229	210	208	236	254	258	277	294	319	337	372	389	395	411	432	418	459	446	454	472	506	504	527	582	589	571	620	651	653	630	621	663	720	676	667	703	705	717	733	798	855	779
Operating profit	30	34	49	34	25	23	21	21	28	36	40	41	35	40	53	51	44	31	45	57	45	64	55	48	42	33	48	57	51	48	68	81	93	89	69	77	75	58	55	46	77	80	57	45	40	60	29
Operating margin	14.6%	14.8%	20.3%	14.1%	9.4%	10.1%	9.9%	10.0%	12.0%	14.2%	15.6%	14.6%	11.8%	12.4%	15.8%	13.7%	11.3%	7.9%	10.9%	13.3%	10.8%	13.9%	12.4%	10.7%	8.9%	6.6%	9.6%	10.8%	8.7%	8.2%	11.9%	13.0%	14.2%	13.7%	11.0%	12.4%	11.3%	8.0%	8.1%	6.9%	10.9%	11.4%	7.9%	6.1%	5.0%	7.0%	3.7%
Other income	1	1	1	1	1	1	1	1	1	2	1	1	1	2	4	5	6	7	7	8	8	8	8	18	9	8	8	7	7	6	5	6	6	7	10	8	7	7	6	6	6	6	5	5	5	4	5
Interest	0	0	—	—	1	2	—	—	0	1	—	—	0	—	—	—	—	—	—	—	—	—	—	0	0	0	—	0	—	4	8	8	8	8	8	8	8	8	8	8	8	6	4	4	4	4	3
Depreciation	4	7	4	4	4	4	4	5	4	4	5	5	5	5	5	5	6	5	7	7	7	7	5	7	7	7	7	10	11	10	13	9	10	10	11	11	11	11	11	11	11	11	11	11	11	13	13
Profit before tax	27	29	46	31	21	21	18	17	25	33	36	37	31	36	52	50	44	33	44	58	45	65	58	60	44	34	49	54	47	41	52	70	81	78	61	67	63	45	42	32	63	69	47	34	30	48	17
Tax	9	10	15	11	7	8	6	6	8	12	12	11	10	12	16	16	14	10	15	17	13	20	17	19	13	11	19	20	16	13	18	24	27	28	21	23	20	17	17	11	22	24	13	12	9	16	4
Net profit	17	19	31	21	14	12	12	11	16	21	24	26	21	24	36	34	30	22	29	41	32	45	42	41	30	23	31	34	31	27	35	46	54	50	40	44	43	28	25	21	41	45	34	22	21	31	13
EPS ₹	7.35	7.98	12.94	8.71	5.72	5.23	4.92	4.82	6.95	8.90	10.02	10.80	8.84	10.11	15.22	14.33	12.54	9.43	12.26	17.12	13.57	18.96	17.60	17.13	12.67	9.71	12.92	14.40	12.98	11.43	14.65	19.22	22.65	21.09	17.06	18.58	18.04	11.87	10.33	8.89	17.44	19.17	14.39	9.30	8.99	13.21	5.42
Revenue YoY	—	—	—	—	28.2%	-1.3%	-12.6%	-14.9%	-11.2%	10.6%	23.0%	33.2%	24.7%	25.8%	30.8%	34.2%	32.2%	23.7%	22.1%	16.0%	7.5%	16.4%	8.4%	5.1%	12.8%	10.0%	12.9%	16.2%	23.3%	16.5%	13.4%	17.6%	12.0%	10.9%	10.3%	0.3%	1.8%	10.3%	7.4%	7.3%	6.0%	-2.1%	6.0%	9.9%	13.5%	21.4%	8.7%
Profit YoY	—	—	—	—	-22.0%	-34.2%	-61.9%	-44.8%	21.4%	70.2%	103.4%	124.1%	27.2%	13.6%	51.9%	32.7%	41.8%	-6.7%	-19.5%	19.5%	8.2%	101.1%	43.6%	0.0%	-6.6%	-48.8%	-26.6%	-16.0%	2.5%	17.8%	13.3%	33.5%	74.5%	84.5%	16.6%	-3.3%	-20.4%	-43.7%	-39.4%	-52.2%	-3.3%	61.5%	39.2%	4.7%	-48.5%	-31.1%	-62.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 22 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3.8%	3.8%
ROCE	—	—	—	—	—	—	—	—	—	—	58.1%	54.3%	40.2%	35.0%	31.9%	31.2%	29.0%	28.5%	26.9%	27.0%	20.9%	23.6%
Net margin	0.0%	-4.5%	-4.4%	-4.1%	-3.8%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.1%	1.1%
EBITDA margin	14.9%	11.4%	14.7%	17.4%	20.9%	23.8%	23.4%	22.7%	22.7%	22.9%	21.3%	20.1%	18.1%	16.8%	16.4%	16.0%	16.2%	16.1%	15.6%	15.7%	15.5%	16.0%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.19	0.19	0.21	0.21	0.21	0.21	0.19	0.19	0.18	0.18	0.11	0.11
Interest coverage	0.67	-0.83	-0.50	0.88	2.26	4.19	5.07	5.84	6.89	8.92	9.49	9.31	8.60	7.28	6.70	6.22	6.03	5.81	5.57	5.54	4.82	5.33
Asset turnover	—	—	—	—	—	—	—	—	—	—	1.64	1.67	1.60	1.59	1.56	1.58	1.52	1.55	1.53	1.57	1.49	1.54

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26
Share capital	24	24	24	24	24	24	24
Other equity / reserves	1,005	1,156	1,193	1,344	1,401	1,608	1,753
Total equity	1,028	1,180	1,217	1,367	1,425	1,631	1,777
Borrowings	200	250	250	255	250	200	200
Current liabilities	1,359	1,116	1,174	1,491	1,533	1,352	1,691
Non-current liabilities	684	928	884	603	628	837	659
Total assets	3,071	3,223	3,275	3,461	3,586	3,821	4,127
Property, plant & equipment	1,404	1,388	1,758	1,753	1,831	1,863	1,995
Capital work-in-progress	5	415	12	73	27	35	27
Investments	368	171	114	307	324	351	413
Inventories	37	39	46	52	51	53	56
Receivables	669	637	729	670	774	938	918
Cash & equivalents	160	94	134	165	126	138	238

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY26
Cash from operations	860	717	847	810
Cash from investing	11	-514	-375	-315
Cash from financing	-772	-291	-401	-424
Capex	0	571	268	315
Free cash flow	860	145	579	496
Dividends paid	95	83	71	59

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹1,995 cr48%

CWIP

₹27 cr1%

Investments

₹413 cr10%

Inventories

₹56 cr1%

Receivables

₹918 cr22%

Cash & equivalents

₹238 cr6%

Other assets

₹480 cr12%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Blue Dart Express Limited	10,777	4,541.30	157.7	6.07	3.8%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-0.3%

6 months-19.8%

1 year-30.9%

3Y CAGR-11.5%

5Y CAGR-8.5%

10Y CAGR-1.1%

50-day avg₹4,648.10

200-day avg₹5,044.26

RSI (14)59

FAQs

What is the share price of Blue Dart Express Limited?

Blue Dart Express Limited (BLUEDART) closed at ₹4,541.30 on NSE on 06 Nov 2026.

What is the market cap of Blue Dart Express Limited?

₹10,777 crore at the latest close.

What is the P/E ratio of Blue Dart Express Limited?

157.7, on trailing-twelve-month earnings from its filings.

How fast is Blue Dart Express Limited growing?

Blue Dart Express Limited: revenue has compounded at 11.7% a year over three years. Latest-quarter revenue is up 15.0% year on year.

How profitable is Blue Dart Express Limited?

On a trailing-twelve-month basis return on equity is 3.8%, return on capital employed 23.6%, operating margin 16.0%, net margin 1.1%.

How much debt does Blue Dart Express Limited have?

Blue Dart Express Limited is lightly geared: debt to equity is 0.11 with borrowings of ₹200 cr against cash of ₹238 cr (balance sheet of 2026-03-31). Operating profit covers interest 5.3 times.

Financials parsed from Blue Dart Express Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.