| Revenue growth | 7% YoY for FY26; 8% for Q4. |
|---|---|
| Margins | Sequential EBITDA decline due to product mix shift to heavier shipments. |
| Demand visibility | Driven by e-commerce and B2B Surface Express solutions. |
| Management confidence | Steady growth trajectory despite challenging customer expectations and regulatory changes. |
Growth
FY26 revenue grew 7% YoY; tonnage grew 7.1%. Q4 revenue grew 8% with 4.6% tonnage growth.
Outlook
PBT margin guidance of 7-8% maintained. Capex focused on aircraft maintenance (₹200 Cr) and ground facilities.
Risks
Rising fuel (ATF) costs, shift towards lower-margin ground/heavy freight, and competitive pricing in e-commerce.
Earnings Call filed with BSE, NSE: BLUEDART. Summary written with AI assistance from the document.
Blue Dart Express Ltd: key numbers
- Share price
- ₹4,505.30
- Market cap
- ₹10,690 Cr
- Revenue (annual)
- ₹6,141 Cr
- Net profit (annual)
- ₹247.4 Cr
- P/E (TTM)
- 34.5×Sector 32.3×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 3.31%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Blue Dart Express Ltd
All →Blue Dart Express Q2 FY27 Results: Net Profit ₹103.9 Cr, Up 27.6% YoY
Blue Dart Express Ltd reported revenue from operations of ₹1,774 Cr (+14.5% YoY) and net profit of ₹103.9 Cr (+27.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹103.9 Cr · +27.6% YoY
Blue Dart Express Business Update
Blue Dart Express launched Diwali Express 2026 with up to 50% and 60% discounts on domestic and international shipments. Campaign runs October 8 to November 14, 2026.
Blue Dart Express Board Meeting Date
Blue Dart Express scheduled its Board for November 6, 2026, to approve un-audited Q1 and H1 FY27 results. Trading window is closed until 48 hours post-declaration.
Blue Dart Express Management Change
Blue Dart Express has sought shareholder approval via postal ballot to appoint Mr. R. S. Subramanian as Managing Director. Voting ends 26 November 2026, with the appointment effective from 30 November 2026.
Blue Dart Express Annual General Meeting
Blue Dart Express issued a postal ballot notice seeking member approval, by e-voting, to appoint R.S. Subramanian as Managing Director from 30 November 2026. Voting runs 28 October to 26 November 2026.
- Execution
- 30 November 2026 to 25 May 2030
Blue Dart Express Product Launch
Blue Dart launched International Parcel Connect, a B2C cross-border parcel service starting with India-to-US shipments. The service is powered by DHL eCommerce and is planned to expand to more markets.