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On 6 Nov 2026, Blue Dart Express was priced at ₹4,541.30, or 34.8× trailing earnings, against an industry P/E of 16.1×, and the shares are 28% below their 52-week high. Sales grew 5.9% a year over 3 years while net profit fell 13%, with ROCE of 17% and ROE of 15%. Debt is 0.64× equity, and its dividend yield is 0.6%. It is a small-cap company with a market cap of ₹10,776 Cr, ranked 3rd of 43 Integrated Freight & Logistics companies by market cap; the shares fell 28% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹4,575.10
Day high
₹4,600.00
Day low
₹4,481.10
Prev. close
₹4,576.30
Volume
15.3K

Health check

2 fair · 4 to check
  • ReturnsBehind

    −28.2% over a year, better than 0 of 7 peers.

  • Price tagPricier

    P/E 34.8 vs industry 16.1.

  • GrowthSlow

    Sales +5.9%, profit −12.6% a year over 3 years.

  • ProfitabilityAverage

    ROCE 16.9% vs peer median 9.0%.

  • Balance sheetFair

    Debt 0.64× equity, interest covered 4.8×, Piotroski 5 of 9.

  • Red flags1 to check

    P/E of 34.8 against an industry P/E of 16.1.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Integrated Freight & Logistics

42 listed peers. Screen the industry

Small cap

₹10,776 Cr, #3 of 43 in its industry by size.

Defensive

Beta 0.30 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹6,357 Cr · profit ₹287 Cr
Market cap
₹10,776 Cr
Small cap
P/E
34.8
Industry 16.1
Price to book
6.06
Peers 3.28
Dividend yield
0.55%
ROE
14.8%
Peers 9.4%
ROCE
16.9%
Peers 9.0%
Debt to equity
0.64
Debt ₹1,142 Cr
EPS (TTM)
₹130.46
Face value ₹10
OPM (TTM)
6.1%
Net margin 4.5%
Sales growth
+15.0%
Latest quarter vs a year ago
Profit growth
+81.2%
Latest quarter vs a year ago
Price to sales
1.70
EV/EBITDA 10.4

Strengths and risks

Strengths

  • Quarterly profit up 81.2% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • P/E of 34.8 against an industry P/E of 16.1.

Derived automatically from reported figures. Not a recommendation.

About Blue Dart Express

Blue Dart Express Limited provides courier and express services in India. Its domestic express portfolio includes time-definite delivery services, such as Domestic Priority 1030 and Domestic Priority 1200, and day-definite delivery solutions, including DP-Dox, DP Parcel, Air Express Package, Surface B2B, eCom Air, eCom Lite Surface, and eCom Surface. The company also offers air freight services between the airports of Chennai, Bangalore, Mumbai, Delhi,…

Headquarters
Mumbai
Employees
13,251
Sector
Industrials
ISIN
INE233B01017

Price range

52 weeks

₹4,141.00₹6,305.00

Today

₹4,481.10₹4,600.00
Avg volume (3M)
12.1K
1-year return
minus 28.2%
From 52-week high
minus 28.0%

Analyst consensus

5 analysts
No consensusMean target ₹5,781.60 plus 27.3%

Target range, with today’s price

Low ₹4,498.00High ₹7,360.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Integrated Freight & Logistics

Company
DELHIVERYDelhivery428.00minus 0.48%32,080176.93.282.6%1.9%0.1%13.2%–0.00%minus 11.3%
SHADOWFAXShadowfax Technologies288.25minus 0.88%16,97167.38.95–17.4%6.2%43.7%–0.00%plus 162.1%
BLUEDARTBlue Dart Express4,541.30minus 0.76%10,77634.86.0616.9%14.8%6.7%5.9%−12.6%0.55%minus 28.2%
TCITransport Corporation of India861.45minus 1.38%6,48514.42.3718.1%17.7%7.6%9.1%12.9%1.16%minus 26.1%
LEAPINDLEAP India121.97plus 0.05%5,37371.73.349.0%9.6%22.9%42.4%90.5%0.00%minus 15.8%
TVSSCSTVS Supply Chain Solutions117.07minus 1.62%5,17480.22.549.0%6.0%2.3%3.3%42.1%0.00%minus 8.2%
MAHLOGMahindra Logistics421.10plus 0.10%4,18155.83.48–7.1%2.3%––0.59%plus 22.2%
GATEWAYGateway Distriparks46.98minus 1.14%2,34710.01.0011.0%9.4%14.8%15.9%2.1%4.26%minus 25.1%
Median of 7 peers–−0.88%5,37367.33.289.0%9.4%6.2%14.6%27.5%0.00%−11.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Dec 25Mar 26Jun 26
1,4171,4421,6161,5331,658
–––+8.2%+15.0%
1,3291,3671,5131,4511,533
88.874.710382.2124
6.3%5.2%6.4%5.4%7.5%
12.39.943.91215.4
2018.623.821.520.6
––−43.9−0.1–
8165.97972.5119
31.9%25.9%13.5%32.6%25.7%
55.248.868.348.988.5
–––minus 11.4%+81.2%
23.2420.5828.7920.5937.29

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+5.9%
Profit CAGR 3Y
−12.6%
EPS CAGR 3Y
−12.6%
ROE
14.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5,1725,2685,7206,141
–+1.8%+8.6%+7.4%
4,2034,4064,8325,165
969862888976
18.7%16.4%15.5%15.9%
−1327.16.3−7.1
66.978.182.485.6
394433485536
13.714.720.4−20.2
508393347327
27.1%23.3%27.3%24.3%
371301252247
–minus 18.8%minus 16.1%minus 2.0%
156.16126.86106.38104.26

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
23.823.823.823.8
1,1561,3441,5351,753
1,1211,0741,0081,142
9221,0201,0961,208
3,2233,4613,6634,127
1,8111,8351,8382,030
42382.381.834.2
265472552651
7241,0711,1911,412
3,2233,4613,6634,127

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
717847735810
−514−375−300−315
−291−401−434−424
−88.870.91.771.7
−571−268−254−315
145579481496
−83.1−71.2−59.3−59.3

Shareholding pattern

Source: NSE filings
75.0%
promoters
  • Promoters75.00%
  • Public25.00%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202675.00%25.00%0.00
30 Jun 202675.00%25.00%0.00
31 Mar 202675.00%25.00%0.00
31 Dec 202575.00%25.00%0.00
30 Sep 202575.00%25.00%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you