Blue Dart Express Ltd stands as South Asia's premier express air and integrated transportation & distribution company, offering secure and reliable delivery of consignments to over 56,400+ locations in India. The company is an Indian logistics company that provides courier delivery services and is headquartered in Mumbai, Maharashtra. Blue Dart was founded by Tushar Jani (chairman) and his friends Khushroo Dubash and Clyde Cooper in November 1983.
The company has established itself as a market leader in the express logistics sector through its comprehensive service portfolio and extensive network infrastructure. Blue Dart is a provider of choice for its stakeholders due to its customer-centric approach and aims to further strengthen this partnership. Blue Dart Express Limited, incorporated in 1988, is involved in transportation and door-to-door distribution of time-sensitive shipments, through an integrated ground and air transportation network. The company is regarded as South Asia's leading courier and integrated air express package distribution company.
As part of DHL Group's DHL eCommerce division, Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories, and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions, customs clearance etc. The partnership began when Blue Dart and DHL signed a Sales Alliance Agreement on September 12, 2002, which came into effect from October 1, 2002. This alliance was further strengthened in 2005 when DHL Express (Singapore) Pte. LTD. acquired 81.03% stake in Blue Dart and currently holds 75% stake since November 23, 2012.
This strategic alliance has positioned Blue Dart as a key player in both domestic and international express logistics markets. Blue Dart has a unique domestic infrastructure and is the only domestic cargo airline in the SAARC region, with a fleet of 6 Boeing 757 freighters. Blue Dart operates freighters to handle time-sensitive, express packages. It has a subsidiary cargo airline, Blue Dart Aviation that operates in South Asian countries.
The Blue Dart team drives market leadership through its motivated people, dedicated air and ground capacity, cutting-edge technology, wide range of innovative, vertical specific products, and value-added services to deliver unmatched standards of service quality to its customers. The company operates through its Aviation, Surface, and International Divisions, providing express services for domestic and international markets. Blue Dart Express Ltd offers services like express cargo, warehousing and distribution, reverse logistics, and value-added services. Its top products include courier, air cargo, surface cargo, and international cargo services.
The company serves a diverse clientele spanning various sectors. Popular brands that are associated with Blue Dart Express Ltd include Amazon, Flipkart, Myntra, Jabong, and many other e-commerce companies. The company also provides services to various government, non-government, and corporate organizations. Our services are relentlessly monitored to deliver a net service level of 99.96%.
Blue Dart Express Ltd has a market capitalization of ₹15,110 Crore. For the most recent financial period, on a consolidated basis, Blue Dart Express Ltd reported a profit of ₹55.15 Crore on a total income of ₹1,429.59 Crore for the quarter ended March 2025 (Q1 FY25). For the year ended 2024, Blue Dart Express Ltd had posted a profit of ₹301.01 Crore on a total income of ₹5,267.83 Crore.
Looking at quarterly performance, Blue Dart Express reported a 29% decline in Q4 net profit to ₹55 Crore, while revenue rose 7.13% to ₹1,417 Crore. The Board will review financial results and consider dividends for FY25. Revenue from operations jumped 9.36% YoY to ₹1,448.46 Crore in the quarter ended September 30, 2024. Profit before tax stood at ₹84.91 Crore in September 2024 quarter, down 13.23% from ₹97.86 Crore posted in Q2 FY24.
The company's financial metrics as of May 2025 include:
- Market Cap: ₹15,110 Crore
- P/E Ratio: 60.50
- P/B Ratio: 11.68
- EPS: ₹126.86 (FY 2023-24)
Blue Dart leverages cutting-edge technology to provide innovative solutions that enhance customer experience and operational efficiency. The company operates a comprehensive transportation network with 53 aircraft and 18,000 ground vehicles. This robust infrastructure ensures reliable service delivery across its vast network.
Promoter holding in Blue Dart Express Ltd has remained stable at 75.00% as of March 2025 (unchanged from June 2024). The Blue Dart Express Ltd's 52-week high share price is ₹9,483.85 and 52-week low share price is ₹5,500.00. Blue Dart Express Ltd has given a return of -1.13% in the last 3 years.
The company continues to strengthen its position in the express logistics sector through strategic investments in technology and infrastructure. Blue Dart is going to release the next earnings report on July 24, 2025. The estimated earnings for the next quarter are 32.55 INR per share. In the next quarter, revenue is expected to reach 14.64 Billion INR.
Blue Dart Express Ltd remains well-positioned to capitalize on the growing e-commerce and logistics market in India, backed by its strong operational network, strategic partnerships, and commitment to service excellence. The company's focus on innovation and customer-centric approach continues to drive its market leadership position in the express logistics sector.