| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,658 | 1,442 | +15.0% |
| EBITDA | 261 | 196 | +33.5% |
| EBITDA margin | 15.8% | 13.6% | +2.2 pts |
| Profit before tax | 119 | 65.9 | +80.6% |
| Net profit | 88.5 | 48.8 | +81.2% |
| EPS | ₹37.29 | ₹20.58 | +81.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 10,137 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 651 | 651 | 552 | 472 | 265 | ||
| 200 | 200 | 200 | 255 | 250 | ||
| 9,686 | — | — | — | — | ||
| 6,357 | 6,141 | 5,720 | 5,268 | 5,172 | ||
| — | +7.4% | +8.6% | +1.8% | — | ||
| 1,016 | 951 | 873 | 853 | 937 | ||
| 16.0% | 15.5% | 15.3% | 16.2% | 18.1% | ||
| 464 | 415 | 388 | 420 | 543 | ||
| 287 | 247 | 252 | 301 | 371 | ||
| 4.5% | 4.0% | 4.4% | 5.7% | 7.2% | ||
| ₹120.97 | ₹104.25 | ₹106.37 | ₹126.85 | ₹156.14 | ||
| — | −2.0% | −16.1% | −18.8% | — | ||
| — | 810 | 735 | 847 | 717 | ||
| — | −315 | −254 | −268 | −571 | ||
| 496 | 496 | 481 | 579 | 145 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 10,137.0 | |
| - Cash, Equiv & ST Investments | 264.6 | 471.9 | 552.1 | 650.6 | 650.6 | |
| + Total Debt | 250.0 | 254.7 | 200.0 | 200.0 | 200.0 | |
| Enterprise Value | — | — | — | — | 9,686.4 | |
| Revenue | 5,172.2 | 5,267.8 | 5,720.2 | 6,140.9 | 6,356.7 | |
| Growth %, YoY | — | +1.8 | +8.6 | +7.4 | — | |
| EBITDA | 937.5 | 852.8 | 872.6 | 950.6 | 1,016.2 | |
| Margin % | 18.13 | 16.19 | 15.25 | 15.48 | 15.99 | |
| EBIT | 543.0 | 419.9 | 387.7 | 414.5 | 464.1 | |
| Net Income | 370.5 | 301.0 | 252.4 | 247.4 | 287.1 | |
| Margin % | 7.16 | 5.71 | 4.41 | 4.03 | 4.52 | |
| EPS, Adj (current shares) | 156.14 | 126.85 | 106.37 | 104.25 | 120.97 | |
| Growth %, YoY | — | -18.8 | -16.1 | -2.0 | — | |
| Cash from Operations | 716.7 | 846.7 | 735.1 | 810.3 | — | |
| Capital Expenditures | -571.4 | -267.5 | -253.9 | -314.7 | — | |
| Free Cash Flow | 145.4 | 579.2 | 481.2 | 495.6 | 495.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Blue Dart Express (NSE: BLUEDART) had a market capitalisation of ₹10,064 crore at the 29 October 2026 close (₹4,241.00 a share), a PE ratio of 35.1 on the last four quarters' profit and a price-to-book ratio of 5.66. In FY26 its consolidated net profit was ₹247 crore on revenue of ₹6,141 crore; in Q1 FY27 (April–June 2026) it was ₹88.5 crore, up 81.2% year on year. Its debt-to-equity ratio was 0.11 on 31 March 2026. Promoters held 75.00% of the shares on 30 September 2026.
Blue Dart Express' PE ratio is 35.1 at the 29 October 2026 close (₹4,241.00 a share): a market capitalisation of ₹10,064 crore divided by consolidated net profit of ₹287 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹247 crore) it is 40.7.
No. Blue Dart Express had borrowings of ₹200 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.11. Its cash and current investments were ₹652 crore, so it held net cash of ₹452 crore.
Blue Dart Express' debt-to-equity ratio was 0.11 on 31 March 2026: borrowings of ₹200 crore against total equity of ₹1,777 crore. A year earlier, on 31 March 2025, it was 0.13.
Blue Dart Express' price-to-book (PB) ratio is 5.66 at the 29 October 2026 close: a market capitalisation of ₹10,064 crore divided by shareholders' equity (book value) of ₹1,777 crore on 31 March 2026. That is a book value of ₹748.77 per share against a share price of ₹4,241.00.
Blue Dart Express' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,777 crore on 31 March 2026, up 14.0% from ₹1,559 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹10,064 crore at the 29 October 2026 close.
In FY26, Blue Dart Express' return on equity (ROE) was 14.8% and its return on capital employed (ROCE) was 17.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 17.3% and ROCE 18.0%.
Blue Dart Express' market capitalisation was ₹10,064 crore at the 29 October 2026 close: 2.37 crore shares at ₹4,241.00 each.
Blue Dart Express' basic earnings per share (EPS) were ₹104.26 in FY26, against ₹106.38 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹120.97.
In 2026, Blue Dart Express has declared one dividend: ₹25 with record date 15 September 2026.
Blue Dart Express' book value per share was ₹748.77 on 31 March 2026: shareholders' equity of ₹1,777 crore divided by the 2.37 crore shares in issue, up 14.0% from ₹656.99 a year earlier. The share price at the 29 October 2026 close was ₹4,241.00.
Blue Dart Express' latest results are for Q1 FY27 (April–June 2026), filed on 31 July 2026: consolidated net profit ₹88.5 crore, up 81.2% from ₹48.8 crore in Q1 FY26; revenue from operations ₹1,658 crore, up 15.0% year on year.
In FY26 (April 2025–March 2026), Blue Dart Express' consolidated net profit was ₹247 crore, down 2.0% from ₹252 crore in FY25, on revenue from operations of ₹6,141 crore (up 7.4%). Over three years, from FY23, net profit was down 33.2%.
Blue Dart Express' dividend yield is 0.59% at the 29 October 2026 close: dividends of ₹25 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹4,241.00. They were ₹25 on 15 September 2026.
Promoters held 75.00% of Blue Dart Express on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Blue Dart Express generated ₹810 crore of cash from operations and spent ₹315 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹496 crore. In FY25 it was ₹481 crore.
On 30 September 2026, Blue Dart Express' shares were held by promoters 75.00%, foreign portfolio investors (FII/FPI) 3.30%, domestic institutions (DII) 14.30% (including mutual funds at 11.76%) and retail and other non-institutional investors 7.40%. Over the year, FII holding was down 1.74 percentage points from 5.04% and DII holding was up 1.17 percentage points from 13.13%.
At the 29 October 2026 closing prices, on FY26 net profit, Blue Dart Express' PE ratio is 40.7, the third highest of the four: Delhivery 194.9, Cartrade Tech 50.7 and Chalet Hotels 27.7, a peer average of 91.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Blue Dart Express earned net profit of ₹247 crore on revenue of ₹6,141 crore, against ₹153 crore on ₹10,508 crore for Delhivery. Blue Dart Express' operating margin was 6.8% (Delhivery −0.5%) and its return on equity 14.8% (Delhivery 1.6%). At the 29 October 2026 close, Blue Dart Express' market capitalisation was ₹10,064 crore against ₹29,752 crore for Delhivery, and its PE ratio on FY26 profit 40.7 against 194.9.
Blue Dart Express has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Delhivery, Cartrade Tech and Chalet Hotels: Blue Dart Express' operating margin of 6.8% is the third highest of the four (Delhivery −0.5%, Cartrade Tech 28.0%, Chalet Hotels 34.6%; peer average 20.7%); its return on equity of 14.8% is the second highest of the four (Delhivery 1.6%, Cartrade Tech 9.5%, Chalet Hotels 19.1%; peer average 10.1%); its revenue growth over three years of 5.9% a year is the lowest of the four (Delhivery 13.3% a year, Cartrade Tech 28.9% a year, Chalet Hotels 34.9% a year; peer average 25.7% a year).
From Blue Dart Express' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.