| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
BLUEDART Stock Overview
Blue Dart Express Limited provides courier and express services.
Blue Dart Express Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹7,301.55 |
| 52 Week High | ₹7,814.55 |
| 52 Week Low | ₹5,306.50 |
| Beta | 0.47 |
| 1 Month Change | -1.37% |
| 3 Month Change | 9.14% |
| 1 Year Change | 27.35% |
| 3 Year Change | 173.79% |
| 5 Year Change | 50.96% |
| Change since IPO | 9,609.51% |
Recent News & Updates
Blue Dart Express (NSE:BLUEDART) Has A Rock Solid Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Why The 39% Return On Capital At Blue Dart Express (NSE:BLUEDART) Should Have Your Attention
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Shareholder Returns
| BLUEDART | IN Logistics | IN Market | |
|---|---|---|---|
| 7D | 12.3% | 6.8% | 4.1% |
| 1Y | 27.4% | 37.9% | -0.02% |
Return vs Industry: BLUEDART underperformed the Indian Logistics industry which returned 35.4% over the past year.
Return vs Market: BLUEDART exceeded the Indian Market which returned -0.9% over the past year.
Price Volatility
| BLUEDART volatility | |
|---|---|
| BLUEDART Average Weekly Movement | 4.5% |
| Logistics Industry Average Movement | 7.0% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 9.9% |
| 10% least volatile stocks in IN Market | 4.5% |
Stable Share Price: BLUEDART is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BLUEDART's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 12,095 | Balfour Manuel | https://www.bluedart.com |
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 Surfaceline, and Dart Plus name; door-to-door ground distribution service to approximately 35,000 locations for shipments weighing 10 kgs and above under the Dart Surfaceline name; and industry-specific services. The company also offers air freight services between the airports of Kolkata, Delhi, Mumbai, Bangalore, Chennai, Hyderabad, and Ahmedabad; air and ground express packaging services under the Smart Box name; wood-free palletized packaging; shipment for freight of above 100kgs, 75kgs,and 50kgs; door-to-door express deliveries for documents and packages; international services; and temperature controlled logistics solutions, as well as operates domestic express airline charter.
Blue Dart Express Fundamentals Summary
| BLUEDART fundamental statistics | |
|---|---|
| Market Cap | ₹173.19b |
| Earnings (TTM) | ₹3.82b |
| Revenue (TTM) | ₹44.10b |
45.3x
P/E Ratio3.9x
P/S RatioIs BLUEDART overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLUEDART income statement (TTM) | |
|---|---|
| Revenue | ₹44.10b |
| Cost of Revenue | ₹30.47b |
| Gross Profit | ₹13.64b |
| Other Expenses | ₹9.81b |
| Earnings | ₹3.82b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 161.08 |
| Gross Margin | 30.92% |
| Net Profit Margin | 8.67% |
| Debt/Equity Ratio | 22.9% |
How did BLUEDART perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield37%
Payout RatioDoes BLUEDART pay a reliable dividends?
See BLUEDART dividend history and benchmarks| Blue Dart Express dividend dates | |
|---|---|
| Ex Dividend Date | Jul 18 2022 |
| Dividend Pay Date | Aug 26 2022 |
| Days until Ex dividend | 20 days |
| Days until Dividend pay date | 59 days |
Does BLUEDART pay a reliable dividends?
See BLUEDART dividend history and benchmarksValuation
Is BLUEDART undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BLUEDART?
Other financial metrics that can be useful for relative valuation.
| What is BLUEDART's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ₹173.19b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.1x |
| Enterprise Value/EBITDA | 18x |
| PEG Ratio | 6.4x |
Price to Earnings Ratio vs Peers
How does BLUEDART's PE Ratio compare to its peers?
| BLUEDART PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 22.2x | ||
TCIEXP TCI Express | 48.6x | n/a | ₹62.7b |
532349 Transport Corporation of India | 17.8x | 15.1% | ₹51.4b |
532749 Allcargo Logistics | 7.5x | -19.1% | ₹69.2b |
GATEWAY Gateway Distriparks | 15.1x | 17.8% | ₹33.8b |
BLUEDART Blue Dart Express | 45.3x | 7.0% | ₹173.2b |
Price-To-Earnings vs Peers: BLUEDART is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the peer average (22.2x).
Price to Earnings Ratio vs Industry
How does BLUEDART's PE Ratio compare vs other companies in the IN Logistics Industry?
Price-To-Earnings vs Industry: BLUEDART is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the Indian Logistics industry average (19x)
Price to Earnings Ratio vs Fair Ratio
What is BLUEDART's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 45.3x |
| Fair PE Ratio | 22.9x |
Price-To-Earnings vs Fair Ratio: BLUEDART is expensive based on its Price-To-Earnings Ratio (45.3x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).
Share Price vs Fair Value
What is the Fair Price of BLUEDART when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BLUEDART (₹7301.55) is trading above our estimate of fair value (₹4582.05)
Significantly Below Fair Value: BLUEDART is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: BLUEDART is poor value based on its PEG Ratio (6.4x)
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Future Growth
How is Blue Dart Express forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
7.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLUEDART's forecast earnings growth (7% per year) is above the savings rate (6.7%).
Earnings vs Market: BLUEDART's earnings (7% per year) are forecast to grow slower than the Indian market (17.4% per year).
High Growth Earnings: BLUEDART's earnings are forecast to grow, but not significantly.
Revenue vs Market: BLUEDART's revenue (9% per year) is forecast to grow slower than the Indian market (11.5% per year).
High Growth Revenue: BLUEDART's revenue (9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLUEDART's Return on Equity is forecast to be high in 3 years time (26.4%)
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Past Performance
How has Blue Dart Express performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
25.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLUEDART has high quality earnings.
Growing Profit Margin: BLUEDART's current net profit margins (8.7%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: BLUEDART's earnings have grown significantly by 25.6% per year over the past 5 years.
Accelerating Growth: BLUEDART's earnings growth over the past year (275.4%) exceeds its 5-year average (25.6% per year).
Earnings vs Industry: BLUEDART earnings growth over the past year (275.4%) exceeded the Logistics industry 106.2%.
Return on Equity
High ROE: BLUEDART's Return on Equity (43.8%) is considered outstanding.
Discover strong past performing companies
Financial Health
How is Blue Dart Express's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BLUEDART's short term assets (₹10.8B) do not cover its short term liabilities (₹12.7B).
Long Term Liabilities: BLUEDART's short term assets (₹10.8B) exceed its long term liabilities (₹6.8B).
Debt to Equity History and Analysis
Debt Level: BLUEDART has more cash than its total debt.
Reducing Debt: BLUEDART's debt to equity ratio has reduced from 113.8% to 22.9% over the past 5 years.
Debt Coverage: BLUEDART's debt is well covered by operating cash flow (429.9%).
Interest Coverage: BLUEDART's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Dividend
What is Blue Dart Express's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
0.96%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BLUEDART's dividend (0.96%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).
High Dividend: BLUEDART's dividend (0.96%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).
Stability and Growth of Payments
Stable Dividend: BLUEDART's dividend payments have been volatile in the past 10 years.
Growing Dividend: BLUEDART's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.2%), BLUEDART's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.2%), BLUEDART's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average board tenure
CEO
Balfour Manuel
3.42yrs
Tenure
₹40,500,000
Compensation
Mr. Balfour Manuel has been Managing Director at Blue Dart Express Limited since May 16, 2019 and served as its Chief Executive Officer since January 23, 2019. Mr. Manuel serves as Executive Director of Bl...
CEO Compensation Analysis
Compensation vs Market: Balfour's total compensation ($USD517.44K) is about average for companies of similar size in the Indian market ($USD460.75K).
Compensation vs Earnings: Balfour's compensation has increased by more than 20% in the past year.
Board Members
Experienced Board: BLUEDART's board of directors are considered experienced (3.3 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 employee growth, exchange listings and data sources
Key Information
- Name: Blue Dart Express Limited
- Ticker: BLUEDART
- Exchange: NSEI
- Founded: 1983
- Industry: Air Freight and Logistics
- Sector: Transportation
- Implied Market Cap: ₹173.194b
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.