Blue Dart Express Ltd

NSE: BLUEDART BSE: 526612

₹5083

(0.12%)

Sun, 23 Aug 2026, 06:15 pm

Market Cap (in Cr)12037.89

PE Ratio42.02

Dividend0.49

Transportation

Air Freight/Couriers

24.5K

Blue Dart Express Analysis

Pros

Dividends after 3 years are expected to be well covered by earnings (3.4x coverage).

Cons

Unable to calculate sustainability of dividends as Blue Dart Express has not reported any payouts.
Unable to evaluate Blue Dart Express's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Blue Dart Express's dividend against the top 25% market benchmark as the company has not reported any payouts.

Pros

Blue Dart Express's earnings are expected to grow significantly at over 20% yearly.
Blue Dart Express's earnings growth is expected to exceed the India market average.
Blue Dart Express's earnings growth is expected to exceed the low risk savings rate of 7.2%.
Blue Dart Express is expected to become profitable in 1 year.
Blue Dart Express is expected to become profitable in 2 years.
Blue Dart Express is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Performance (ROE) is expected to be above the current IN Logistics industry average.
An improvement in Blue Dart Express's performance (ROE) is expected over the next 3 years.

Cons

Cash flow for Blue Dart Express is expected to increase but not above the 50% threshold in 2 years time.
Blue Dart Express's revenue is expected to increase but not above the 50% threshold in 2 years time.
Blue Dart Express's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
Blue Dart Express's revenue growth is positive but not above the India market average.

Pros

Blue Dart Express has been profitable on average in the past, therefore cash runway is not a concern.
Blue Dart Express has been profitable on average in the past, therefore cash runway is not a concern.
Debt is well covered by operating cash flow (84.2%, greater than 20% of total debt).
Debt is covered by short term assets, assets are 1.7x debt.
The level of debt compared to net worth has been reduced over the past 5 years (108.1% vs 88.1% today).

Cons

Blue Dart Express's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Blue Dart Express's long term commitments exceed its cash and other short term assets.
Blue Dart Express is making a loss, therefore interest payments are not well covered by earnings.
Blue Dart Express's level of debt (88.1%) compared to net worth is high (greater than 40%).
High level of physical assets or inventory.

Pros

Balfour's remuneration is lower than average for companies of similar size in India.

Cons

The average tenure for the Blue Dart Express board of directors is less than 3 years, this suggests a new board.

Pros

Cons

Pros

Cons

Unable to compare Blue Dart Express's 1-year earnings growth to the 5-year average as it is not currently profitable.
Blue Dart Express does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Blue Dart Express used its assets less efficiently than the IN Logistics industry average last year based on Return on Assets.
It is difficult to establish if Blue Dart Express improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
It is difficult to establish if Blue Dart Express has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Unable to compare Blue Dart Express's 1-year growth to the IN Logistics industry average as it is not currently profitable.

Pros

526612 outperformed the Logistics industry which returned -35% over the past year.

Cons

Blue Dart Express's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Blue Dart Express's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Blue Dart Express is overvalued based on assets compared to the IN Logistics industry average.
Blue Dart Express is loss making, we can't compare its value to the IN Logistics industry average.
Blue Dart Express is loss making, we can't compare the value of its earnings to the India market.
526612 underperformed the Market in India which returned -14.5% over the past year.
BSE:526612 is down -3.1% underperforming the Logistics industry which returned 4.7% over the past month.
BSE:526612 is down -3.1% underperforming the market in India which returned 8% over the past month.