Blue Dart Express Limited (NSE:BLUEDART) Just Released Its Annual Earnings: Here's What Analysts Think

It's been a good week for Blue Dart Express Limited (NSE:BLUEDART) shareholders, because the company has just released its latest annual results, and the shares gained 8.0% to ₹6,822. Results were roughly in line with estimates, with revenues of ₹53b and statutory earnings per share of ₹127. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

View our latest analysis for Blue Dart Express

Taking into account the latest results, the most recent consensus for Blue Dart Express from six analysts is for revenues of ₹58.2b in 2025. If met, it would imply a solid 9.4% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to shoot up 27% to ₹161. In the lead-up to this report, the analysts had been modelling revenues of ₹58.4b and earnings per share (EPS) of ₹164 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of ₹7,512, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Blue Dart Express, with the most bullish analyst valuing it at ₹8,873 and the most bearish at ₹6,301 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Blue Dart Express' past performance and to peers in the same industry. We would highlight that Blue Dart Express' revenue growth is expected to slow, with the forecast 9.4% annualised growth rate until the end of 2025 being well below the historical 14% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 13% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Blue Dart Express.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Blue Dart Express going out to 2027, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Blue Dart Express , and understanding it should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.