Blue Dart Express, incorporated in 1991, is one of the leading logistics company in the world. Blue Dart Express is South Asia's premier courier, and integrated express package distribution company.It is South Asia's premier courier, and integrated express package Distribution Company.It has...
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Blue Dart Express Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Blue Dart Express Ltd. should be analysed on a Standalone basis
CAGR Colour Code Guide
Book Value per Share
Key Financial Parameter
Performance Ratio Colour Code Guide
Return on Equity (%)
Operating Profit Margin (%)
Net Profit Margin (%)
Debt to Equity
Working Capital Days
Cash Conversion Cycle
Promoter's Holding & Share Pledging
* Pledged shares as % of Promoter's holding (%)
1. Is Blue Dart Express Ltd. a good quality company?
MoneyWorks4Me analysed the past 10-year performance of Blue Dart Express Ltd. and arrived at the following conclusion:
Past 10 year's financial track record indicates that Blue Dart Express Ltd. is a good quality company. However, for specific investment actions please connect with your investment advisor.
2. Is current market price of Blue Dart Express Ltd. a good price to buy it?
The 5-year analysis of Blue Dart Express Ltd.'s performance infers:
Blue Dart Express Ltd. earnings have declined by -44.5%, whereas share price has depreciated -10.9% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.
3. What is Blue Dart Express Ltd. share price return in the past 10 years ?
We analysed the performance of Blue Dart Express Ltd. share prices over the last 10 years. Here is what we found out:
Blue Dart Express Ltd. share price has depreciated 14.6% annually over the past ten years.
Blue Dart Express, incorporated in 1991, is one of the leading logistics company in the world. Blue Dart Express is South Asia's premier courier, and integrated express package distribution company.It is South Asia's premier courier, and integrated express package Distribution Company.It has the most extensive domestic network covering over 33,867 locations, and service more than 220 countries and territories worldwide through its group company DHL, the
Blue Dart Express, incorporated in 1991, is one of the leading logistics company in the world. Blue Dart Express is South Asia's premier courier, and integrated express package distribution company.It is South Asia's premier courier, and integrated express package Distribution Company.It has the most extensive domestic network covering over 33,867 locations, and service more than 220 countries and territories worldwide through its group company DHL, the premier global brand name in express distribution services.Its warehouses are at 69 locations across the country as well as bonded warehouses at the 7 major metros of Ahmedabad, Bangalore, Chennai, Delhi, Mumbai, Kolkata and Hyderabad. Products and Services
Under Courier services it offers services such as Domestic Priority, Dart Apex, Dart Surfaceline, Regional services. The company delivers cargo through its own charter planes.
The logistics major also offers E-Business solutions namely InternetDartTM, ShopTrackTM, PackTrackTM, MobileDartTM, ShipDartTM and ImageDartTM
The company has been assigned the highest 'A1+' rating for our Commerical Paper Programme of Rs. 25 crores by ICRA
Blue Dart has received ISO 9001:2000 certification for its quality deliverance in area of operations, products and services.
2010 : Blue Dart certified to the ISO 9001-2008 standards. Blue Dart received Readers' Digest 'Most Trusted Brand' - 5th time in a row.
2012: Blue Dart accorded 'Customer & Brand Loyalty' Award second time in a row Blue Dart amongst the Top 25 'India's Best Companies to Work For 2012' Blue Dart and DHL sweep awards at the 6th Express, Logistics & Supply Chain Conclave 2013: Blue Dart bags award at Retailer Customer Service Awards 2013'
1983: Khushroo Dubash, Clyde Cooper, and Tushar Jani set up Blue Dart Courier Services with a seed capital of Rs 30,000. In the same year the company had tie up with Gelco Express International UK and launched India's first international air package express service.
1984: Gelco Express International was acquired by FedEx. This made Blue Dart a global service participant of FedEx. The company became first to provide domestic and international on-board couriers, a hub-and-spoke system and a 10.30 am delivery service.
1988: The company introduced COSMOS- a real-time, on-line tracking track and trace system for all international shipments. This track and trace was developed by FedEx.
1991: Blue Dart Express was registered as private limited company. It also introduced Dart Surfaceline an economical logistics service option. The company indigenously developed its domestic tracking system, COSMAT-ITM.
1992: The company set up its in-house domestic e-mail network and launched an employee satisfaction programme - Survey Feedback Action (SFA).
1994: Blue Dart Express placed an IPO with an equity offer of 2.55 million shares, at a premium of 14 times, worth Rs 382.5 million. Blue Dart Express launched Dart Apex (Domestic Air Package Express), a multi-modal, premium package delivery service, and COSMAT-IITM, an advanced system which includes track and trace. Blue Dart Aviation was registered as a public limited company and became the first private company to receive government permission for operation of cargo aircraft in India.
1995: Blue Dart Aviation acquired 2 Boeing 737-200 freighters and received ATO permission. The company developed SMART (Space Management Allocation Reservations and Tracking) system for its aircraft, the first cargo management system in the country.
1996: The company launched its Indiaâ€™s first jet express airline. The company expanded by entering into strategic alliances in North, South and West India.
It became first logistics company to receive ISO 9001 certification. It also launched its own website.
1997: Blue Dart Express entered into agreements with leading international airlines for distribution of bonded cargo within its network. Blue Dart Aviation launched its domestic charter operations.
1998: Blue Dart Aviation developed India's first Load and Trim software for its B737F flights. Blue Dart Express launched SMARTBOX, an economical, door-to door products with presence over 1000 locations.
1999: The company moved its operation in Mumbai. It launched Power Dart 2000+ software that provides customers free connectivity to its database, enabling customers to track and retrieve all information related to their shipments.
2000: The company acquired its 3rd aircraft on lease for operations on the Bangalore-Delhi-Bangalore air route. The same year the company wound up its website and launched a new interactive website.
2001: The company developed and launched technological and customer software namely MobileDart, On-Line Pick Up and ShipDart.
2002: Blue Dart was re-certified as one of a handful of Indian companies to the new global ISO 9001 - 2000 standards
The company entered into a sales alliance with DHL Worldwide Express. Blue Dart crosses 100,000 shipments per day.
2003: The company acquired its fourth Boeing 737 freighter. Blue Dart set up twelve of its own offices in south India. The company added 198 locations to its existing one.
2004: Blue Dart starts operation of its 4th aircraft. The company entered in regional service alliance with Foster Agencies, Sri Lanka which gave a network presence of 400 locations in country. Blue Dart acquires its fifth Boeing 737 freighter.
2005: DHL Express (Singapore) Pte acquired 81.03% stake in Blue Dart Express. The company still operates as an independent brand that provides a range of domestic and international express services.
2006: The company launched SMS based Mobile Tracking Service. It started operation of Boeing 757 freighters in the Indian skies in June 2006 in major metros of Delhi, Mumbai, Chennai, Bangalore and Kolkata. A second flight is launched from Hyderabad and Ahmedabad was the 7th airport connected to Blue Dart's network.
2007: Blue Dart launched Ground Express Service â€“ Dart Surfaceline with time bound deliveries and features like DOD (Demand Draft on Delivery), FOD (Freight on Delivery) and FOV (Freight on Value) - Insurance Arrangement.
2008: The Company completes 25 years of operation in India. 2011 : Blue Dart launches Smart Truck. Blue Dart launches GOGREEN Carbon Neutral Service. Blue Dart inducts 5th Boeing B757 freighter.