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Blue Dart Express Ltd share Price Today

Company details

6,048.65
6,195.00
5,486.60
7,644.55
6M Return -6.65%
1Y Return 1.87%
Mkt Cap.(Cr) 14,673.28
Volume 36,913
Div Yield 0.49%
OI
-
OI Chg %
-
Volume 36,913

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Transportation-Logistics company Blue Dart Express announced Q3FY24 results:

  • The company posted Rs 816 million profit after tax for Q3FY24.
  • Revenue from operations for Q3FY24 stood at Rs 13,829 million.
  • Exceptional Service Quality, coupled with automation and technology, continues to be pivotal in providing customers with a seamless, one-stop solution for all their logistics requirements.
  • The company handled 92 million shipments, weighing 314,239 metric tonnes, in the Quarter ended December 31, 2023.
  • Blue Dart was recently recognized as India's Top Value Creator 2023 in the transport and logistics category

Reflecting on the company's performance, Balfour Manuel, Managing Director of Blue Dart Express, said, ''In the post-pandemic era, as global trade normalizes, we continue to navigate challenges such as higher interest rates and increasing costs. Despite these hurdles, we not only surpassed pre-pandemic revenue levels but also have continued to invest in capacities and strengthened our position as the provider of choice for our customers. Our commitment to customer-centricity remains our top priority, driving our success."

Discussing the business outlook, he emphasized, "The growth opportunities and continued focus on customer centricity have enabled us to continue to invest, aligned with our strategic focus on People, Process, and Technology. This is complemented by a Last In-First Out approach, further reinforcing our market leadership."

 

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Blue Dart Express Ltd shares SWOT Analysis

Strengths (7)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Increasing Revenue every quarter for the past 3 quarters

Weakness (2)

  • Declining Net Cash Flow : Companies not able to generate net cash
  • Major fall in TTM Net Profit

Opportunity (1)

  • RSI indicating price strength

Threats (3)

  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 6,236.4
R2 6,288.9
R3 6,382.8
Pivot

6,142.53

S1 6,090.1
S2 5,996.2
S3 5,943.7
EMA SMA
5,895.3
6,161.5
6,413.7
6,585.6
5,829.7
6,171.3
6,655.1
6,697.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-25 8429.8 13807 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-25 8429.8 1317 BSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-10-25 8429.8 13807 BSE
Name Category Shares
DHL Express (Singapore) Pte Ltd. PROMOTER 75%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Blue Dart Express Ltd Stocks COMPARISON

Financials( in Cr) Blue Dart Express Ltd Container Corporation Of India Ltd Delhivery Ltd TVS Supply Chain Solutions Ltd Transport Corporation of India Ltd
Price 6,183.95 882.10 445.55 154.40 811.60
% Change 2.63 1.84 -2.87 0.36 1.03
Mcap Cr 14,673.28 53,745.82 32,749.84 6,790.20 6,303.78
Revenue TTM Cr 5,172.22 8,310.36 7,225.30 10,235.38 3,782.57
Net Profit TTM Cr 370.53 1,173.47 -1,007.78 41.76 320.59
PE TTM 50.11 43.96 0.00 0.00 18.84
1 Year Return 1.87 52.34 36.05 -23.18 34.47
ROCE 26.91 13.73 0.00 5.82 22.98
ROE 36.12 10.68 0.00 3.77 21.07
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,179.56 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24
Blue Dart Express Limited - Press Release

Mar 28, 2024 l NSE Announcement

Blue Dart Express Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Mar 26, 2024 l NSE Announcement

Date Action Type Ratio
Jul 19, 2023 Dividend 300
Jul 18, 2022 Dividend 350
Feb 08, 2022 Dividend 250

Blue Dart Express Ltd Information

Stock PE (TTM)
50.11
Promoter Holding
75%
Book Value
512.6802
ROCE
26.91%
ROE
36.12%
Description
  • Blue Dart Express Limited is an India-based logistics company that provides integrated package distribution services within India and abroad. The company delivers large and small packages through ground transportation. It also transports time-sensitive packages through self-owned chartered flights. The company also provides technology-based services and e-business solutions. Incorporated on 5 April 1991, Blue Dart Express Limited became a public limited company in 1994. The headquarters of the company is located in Mumbai, Maharashtra, and its market capitalisation, as of 16 October 2022, stood at Rs 21,190 crore.

    The company is listed on the National Stock Exchange and the Bombay Stock Exchange under the codes BLUEDART and 526612.

    Blue Dart Express Limited delivers consignments within 35,000 locations in India and 220 countries across the world. It also offers distribution services, freight forwarding, supply chain solutions, and customs clearance services. The subsidiaries of the company include Concorde Air Logistics Limited and Blue Dart Aviation Limited. In 2002-03, the company received the ISO 9001-2000 certification from the Government of India. For the quarter that ended June 2022, the company received a consolidated income of Rs 1,293.31 crore with a net profit of Rs 118.79 crore.

    In June 2022, the shareholding pattern of the company reflected that promoters held a 75% stake in the company, a 12.22% stake was held by retail investors, a 5.65% stake belonged to other domestic institutions, a 3.63% stake was invested in mutual funds, and a 3.50% stake belonged to the foreign institutional investors. The top mutual funds in which the company has invested include L&T Focussed Equity Direct Growth, Kotak Small Cap Direct Growth, Kotak Tax Saver Direct Growth, and Invesco India Large Cap Direct Growth.

    On 17 October 2022, the shares of Blue Dart Express Limited were trading at Rs 8,651.75 at the NSE and Rs 8,610.00 at the BSE. Blue Dart Express Limited’s shares have provided a six-month return of 32.07% and a one-year return of 32.16%. The 52-week high price of the shares was Rs. 9,639.45, while their 52-week low price was Rs 5,248.45. The top peers of the company include Container Corp., Transport Corp., Delivery, and Allcargo Logistics.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Blue Dart Centre, Sahar Airport Road Andheri (E), Mumbai, Maharashtra, 400099

Tel : 91-22-28396444
Email : tusharg:bluedart.com; communications:bluedart.com
Website : http://www.bluedart.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 526612
NSE Code : BLUEDART
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE233B01017

FAQ’s on Blue Dart Express Ltd Shares

You can buy Blue Dart Express Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Blue Dart Express Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:59 PM the closing price of Blue Dart Express Ltd was ₹ 6,183.95.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:59 PM, the market cap of Blue Dart Express Ltd stood at ₹ 14,673.28.

The latest PE ratio of Blue Dart Express Ltd as of Mar 28, 2024 03:59 PM is 50.11

The latest PB ratio of Blue Dart Express Ltd as of Mar 28, 2024 03:59 PM is 0.08

The 52-week high of Blue Dart Express Ltd share price is ₹ 7,644.55 while the 52-week low is ₹ 5,486.60

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