NNextResearch

Blue Dart Express BLUEDART

Premium express courier and air-cargo network (DHL group); carries higher-value e-commerce and B2B shipments

Mapped in 1 theme: Consumer Internet.

From publicly available information

Where Blue Dart Express sits in the supply chain

Blue Dart Express appears in 1 supply-chain layer in one theme, Consumer Internet.

Consumer Internet › E-commerce logistics

Direct supplier

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Revenue and profit

₹ CrFY22FY23FY24FY25FY26
Revenue4,4105,1725,2685,7206,141
Net profit382371301252247

Latest-year revenue ₹6,141 Cr (FY26, company-wide).

Note: Exposure here is its e-commerce parcel business.

Strengths

  • Own aircraft and the most reliable premium network in India
  • Parent DHL's global network for cross-border parcels

Risks

  • E-commerce is a minority of revenue and price-sensitive
  • Margins hit by fuel and aircraft costs

Common questions

What does Blue Dart Express do?

Premium express courier and air-cargo network (DHL group); carries higher-value e-commerce and B2B shipments.

Where does Blue Dart Express sit in the supply chain?

Blue Dart Express (NSE: BLUEDART) is mapped in 1 supply-chain layer: E-commerce logistics (Consumer Internet).

Who are Blue Dart Express' peers?

In the E-commerce logistics layer of Consumer Internet: Delhivery, Shadowfax Technologies, Shiprocket and Flipkart (not NSE-listed).

What is Blue Dart Express' market cap and valuation?

As of 6 Nov 2026: market cap ₹10,777 Cr, P/E 31.1x, ROCE 15.8%, ROE 15.7%, dividend yield 0.55%.