NSE: BLUEDART | BSE: 526612

Mid-range Performer

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5696.00 -200.00 (-3.39%)

39.97% Fall from 52W High

106.2K NSE+BSE Volume

NSE 26 Aug, 2025 3:31 PM (IST)

13,515.4

Market Cap

High in industry

0.6

Beta 1Year

Very Low volatility

Blue Dart Express Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BLUEDART, BSE:526612 Blue Dart Express Ltd.

Blue Dart Express Ltd.

18 Oct 2017

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

ICICI Securities Limited

Revenues grew 6% YoY (up 5.4% QoQ) to | 702.8 crore (I-direct estimate: | 696.4 crore). The B2C segment continued to remain subdued, contributing 21-22% of overall revenues while the remaining contribution (78-79%) was from B2B. Utilisation levels for the quarter were at 83-85% compared to 80% in Q1FY18 Post de-growth for four consecutive quarters, EBITDA showed signs of revival with a marginal growth of 3% YoY to | 76.7 crore (I-direct estimate: | 66.2 crore) reflecting operating synergies. The impact of...

Blue Dart Express Ltd. has lost -29.78% in the last 1 Year

Blue Dart Express Ltd.

31 Jul 2017

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Revenues for Q1FY18 grew 7% YoY (down 1% QoQ) to | 667 crore (I-direct estimate: | 671 crore). B2C segment continued to remain subdued, contributing 19% of overall revenues while the remaining contribution (81%) was from B2B EBITDA for Q1 was mainly hit by higher freight handling & service costs (up 13% YoY) reflecting lower utilisation level (80% for Q1) and higher ATF prices (up 15% YoY). Also, employee expenses (annual...

Blue Dart Express Ltd. is trading below all available SMAs

Blue Dart Express Ltd.

16 May 2017

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

ICICI Securities Limited

Lull year; lumpiness to continue in FY18... BlueDart's (BDE) revenues grew 7.4% YoY (down 6% QoQ) to | 676.3 crore (I-direct estimate: | 680.1 crore). Contribution from B2C sequentially de-grew 400 bps YoY to 18-19%. However, the B2B business for the quarter remained upbeat with a contribution of ~80% EBITDA for Q4FY17 was impacted to the extent of | 10 crore due to consultation & advisory fees on the back of which other expenses grew 11% YoY. In addition, 9% growth in employee & freight handling...

Blue Dart Express Ltd. has an average target of 7265.00 from 2 brokers.

Blue Dart Express Ltd.

10 Feb 2017

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research BlueDart's (BDE) revenues revived post underperformance over two consecutive quarters. Revenues grew 10.4% YoY (up 8.6% QoQ) to | 720 crore (I-direct estimates: | 665.4 crore). Contribution from B2C...

Blue Dart Express Ltd. has lost -20.75% in the last 3 Months

Blue Dart Express Ltd.

14 Oct 2016

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research BlueDart's (BDE) results were lower than our expectation across all parameters. Revenue growth remained sluggish for a second consecutive quarter with growth of 1.6% YoY (up 6.7% QoQ) to | 663 crore (I-direct estimate: | 666 crore). Contribution from B2C sequentially grew 200 bps QoQ (down 400 bps YoY) to 22%. Growth in B2B business remains sluggish Addition of new aircraft continues to impact EBITDA margins, which...

Blue Dart Express Ltd. has lost -15.67% in the last 1 Month

Blue Dart Express Ltd.

20 Sep 2016

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research We recently met the management of Blue Dart Express Ltd, a preferred logistics express service provider across industries on the Air, Ground and e-tailing segments. The company continues to command its market leadership in the organised air express market with ~46% market share. With addition of a freight aircraft in FY16, Blue Dart now operates a fleet of 6 Boeing 757-200 freighters and manages daily dedicated services of ~504 tonnes. This dedicated aviation and ground infrastructure enables...

Blue Dart Express Ltd. has lost -20.75% in the last 3 Months

Blue Dart Express Ltd.

02 Aug 2016

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research BlueDart's (BDE) results were marginally below our expectations. Revenues for the quarter grew 1% YoY (down 1% QoQ) to | 621 crore. However, contribution from B2C segment declined to 20% vs. earlier 25%. However, the B2B business continues to remain subdued EBITDA for the quarter remained flattish (up 9% QoQ) at | 77 crore. EBITDA margins sequentially expanded 118 bps (down13 bps YoY) to...

Blue Dart Express Ltd. has lost -15.67% in the last 1 Month

Blue Dart Express Ltd.

21 Apr 2016

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research BlueDart's (BDE) Q4FY16 revenues met our expectations with growth of 10% YoY (down 4% QoQ) to | 630 crore. Contribution from B2C...

Blue Dart Express Ltd. has an average target of 7265.00 from 2 brokers.

Blue Dart Express Ltd.

27 Oct 2015, 12:00AM

5696.00

-3.39%

Blue Dart Express

Buy: Blue Dart Express Ltd.

ICICI Securities Limited

Blue Dart Express Ltd. has an average target of 7265.00 from 2 brokers.

Blue Dart Express Ltd.

10 Oct 2015

5696.00

-3.39%

Blue Dart Express Ltd (Oct 10, 2015)

Hold: Blue Dart Express Ltd.

Karvy

Revival in the economy and robust growth in the E-tailing to drive futuregrowth of the company: In the next two years, the revenue of the company is expected to grow at an average rate of 22%. The company provides premium express services to the B2B customers through air and ground express services. Since 2012, India's express delivery service is growing at CAGR of 15% and the momentum is expected to improve further going forward. E-tailing would be the key driving factor for the further growth of the industry, growing at a CAGR of 35% to $20 Bn by 2020. The company is betting heavily on the E-commerce growth story by investing on setting up hubs and E- ulfillment centers both in the major cities, Tier II and Tier III cities. The E-commerce revenue contribution for the company has also grown significantly from just 9% in 2009 to 25% in 2015.

Blue Dart Express Ltd. has lost -29.78% in the last 1 Year

Is Blue Dart Express Ltd. worth buying?

108 Votes:

Buy 75.0%

Sell 13.89%

Hold 11.11%

RESEARCH REPORTS

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Buy SEE REPORTS >

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