BSE:526612

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Executive Summary

Blue Dart Express Limited provides courier and express services. More Details


Snowflake Analysis

High growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Blue Dart Express's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526612 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 526612's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

-1.7%

526612

1.9%

IN Logistics

1.2%

IN Market


1 Year Return

68.9%

526612

22.7%

IN Logistics

10.4%

IN Market

Return vs Industry: 526612 exceeded the Indian Logistics industry which returned 22.7% over the past year.

Return vs Market: 526612 exceeded the Indian Market which returned 10.4% over the past year.


Shareholder returns

526612IndustryMarket
7 Day-1.7%1.9%1.2%
30 Day1.1%10.8%12.1%
90 Day76.1%33.4%12.6%
1 Year68.9%68.9%23.6%22.7%12.4%10.4%
3 Year-4.0%-4.8%-5.1%-7.5%10.0%4.6%
5 Year-44.5%-45.4%-38.4%-40.5%59.8%47.8%

Long-Term Price Volatility Vs. Market

How volatile is Blue Dart Express's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Blue Dart Express undervalued compared to its fair value and its price relative to the market?

22.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 526612 (₹3902.15) is trading above our estimate of fair value (₹1768.46)

Significantly Below Fair Value: 526612 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 526612 is unprofitable, so we can't compare its PE Ratio to the IN Logistics industry average.

PE vs Market: 526612 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526612's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526612 is overvalued based on its PB Ratio (22.7x) compared to the IN Logistics industry average (1.6x).


Next Steps

Future Growth

How is Blue Dart Express forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

86.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 526612 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.2%).

Earnings vs Market: 526612 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 526612's is expected to become profitable in the next 3 years.

Revenue vs Market: 526612's revenue (12.9% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 526612's revenue (12.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 526612's Return on Equity is forecast to be high in 3 years time (27%)


Next Steps

Past Performance

How has Blue Dart Express performed over the past 5 years?

-67.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526612 is currently unprofitable.

Growing Profit Margin: 526612 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 526612 is unprofitable, and losses have increased over the past 5 years at a rate of 67.3% per year.

Accelerating Growth: Unable to compare 526612's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 526612 is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (-25.7%).


Return on Equity

High ROE: 526612 has a negative Return on Equity (-35.84%), as it is currently unprofitable.


Next Steps

Financial Health

How is Blue Dart Express's financial position?


Financial Position Analysis

Short Term Liabilities: 526612's short term assets (₹8.0B) do not cover its short term liabilities (₹13.0B).

Long Term Liabilities: 526612's short term assets (₹8.0B) do not cover its long term liabilities (₹9.3B).


Debt to Equity History and Analysis

Debt Level: 526612's debt to equity ratio (44.2%) is considered high.

Reducing Debt: 526612's debt to equity ratio has reduced from 105.5% to 44.2% over the past 5 years.

Debt Coverage: 526612's debt is well covered by operating cash flow (277.4%).

Interest Coverage: 526612 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Blue Dart Express's current dividend yield, its reliability and sustainability?

0.40%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 526612's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 526612's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 526612's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526612's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 526612 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526612's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average board tenure


CEO

Balfour Manuel

1.92yrs

Tenure

₹17,977,000

Compensation

Mr. Balfour Manuel has been Managing Director at Blue Dart Express Limited since May 16, 2019 and had served as its Chief Executive Officer of since January 23, 2019 and serves as its Executive Director. H...


CEO Compensation Analysis

Compensation vs Market: Balfour's total compensation ($USD244.53K) is below average for companies of similar size in the Indian market ($USD606.66K).

Compensation vs Earnings: Balfour's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Balfour Manuel
MD & Executive Director1.92yrs₹17.98m0.0034%
₹ 3.1m
Sharad Upasani
Independent & Non-Executive Chairman13yrs₹2.64mno data
Tulsi Mirchandaney
Non Independent & Non-Executive Woman Director3.17yrsno datano data
R. Subramanian
Non-Independent & Non-Executive Director1.75yrsno datano data
Kenneth Allen
Non Independent & Non-Executive Director1.75yrsno datano data
M. McMahon
Independent & Non-Executive Director3.83yrs₹2.22mno data
Narendra Sarda
Independent & Non-Executive Director5.92yrs₹2.43mno data
Kavita Nair
Independent & Non-Executive Director1.75yrs₹210.00kno data

3.2yrs

Average Tenure

72yo

Average Age

Experienced Board: 526612's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Blue Dart Express Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blue Dart Express Limited
  • Ticker: 526612
  • Exchange: BSE
  • Founded: 1983
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: ₹93.316b
  • Shares outstanding: 23.73m
  • Website: https://www.bluedart.com

Number of Employees


Location

  • Blue Dart Express Limited
  • Blue Dart Centre
  • Sahar Airport Road
  • Mumbai
  • Maharashtra
  • 400099
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526612BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 1995
BLUEDARTNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 1995

Biography

Blue Dart Express Limited provides courier and express services. It provides day-definite and time-definite delivery schedules across air and ground network under the Domestic Priority, Dart Apex, Dart Sur...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 12:19
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.