Blue Dart Express Share Price | Blue Dart Courier History Company Details

About Blue Dart Express Ltd

Through an integrated ground and air transportation network, Blue Dart Express Limited, a 1983 incorporation, is engaged in the transportation and door-to-door distribution of time-sensitive items. The business is considered as the top integrated air express package distribution firm in South Asia.

20,337 crores in market capitalization

The current price is Rs 8,570.

Stock P/E 41.1

Book Value 368

Dividend Yield 0.70%

52 weeks High / Low - 9,280 / 5,425

ROCE 31.0%

ROE 55.2%

10.0 face value

History of Blue Dart Express Ltd

In FY2005, Mr. Clyde Cooper, Mr. Tushar Jani, and Mr. Khushroo Dubash, along with other owners, sold their 81.03% shareholding in BDEL to DHL Express Singapore Pte Ltd., a 100% subsidiary of Deutsche Post AG (DP DHL). In November 2012, DP DHL decreased its investment to 75% through an offer for sale in order to comply with the SEBI's standards for promoter holding in publicly traded firms (OFS).

Services of Blue Dart Courier

Domestic Priority day-definite and time-definite services: They enable crucial shipments, such as passports, tenders, original papers/certificates, etc., under 32kg per box, to be delivered at predetermined times.

Industry-specific services include several kinds of thermal packing, temperature-controlled logistics items designed especially for customers in the life sciences and healthcare sectors, etc.

Critical Express: It satisfies a crucial domestic requirement for the secure transportation of passports, bids, and other securitized goods.

The business also provides charters, interlines, and airport-to-airport cargo solutions.

DHL Import Express is an innovative one-stop shop for all import requirements, providing door-to-door comfort services.

Bluedart Market Position

With a 50% market share in organized air express couriers in India, bluedart company holds a dominant position. Its share of the land courier market is roughly 16%.

Peer Comparison Blue Dart

The business has cut its debt.

The company should deliver a strong quarter.

A high return on equity (ROE) track record has been demonstrated by the company, which has produced good profit growth of 23.6% CAGR over the past five years. Three-Year ROE: 30.7%

The company has consistently paid out a substantial dividend of 24.1%.

The price of a share is 23.2 times its book value.

Over the previous five years, the company's revenue growth was only 10.4%, which is bad.

Blue Dart Express Shareholding Pattern

Network

Through a sales collaboration (formed in October 2002) with DP DHL, The Co. has a vast network that services more than 220 nations & territories worldwide and 35,000+ sites in India. The Co employs the global network of DP DHL for its international courier service. It manages a fleet of its own planes. Six Boeing 757-200 freighter aircraft are now operated by the corporation through its wholly-owned subsidiary, three of which are owned and three of which are leased from DHL. A payload of 500 tonnes or more per night, a flotilla of 11,122 vehicles, 2,113 facilities, and hubs spread throughout 35,000+ sites are all offered by the corporation. Delivering over 24 shipments each second requires the precise coordination of over 12,000 motivated and skilled Blue Darters.

Subsidiaries

Concorde Air Logistics Limited and Blue Dart Aviation Limited are the company's two totally owned subsidiaries. A crucial factor in maintaining the company's leadership position through its distinctive aviation network has been its subsidiary for dedicated air transport capacity, or BDAL. BDAL purchased two Boeing 757-200 planes. The Company purchased the leased aeroplanes, VT-BDM and VT-BDN. 3 (three) aircraft engines were also leased by BDAL during FY21 to support business activities.

Warehouse

In addition to bonded warehouses in each of the country's seven largest metropolises—Ahmedabad, Bangalore, Chennai, Delhi, Mumbai, Kolkata, and Hyderabad—the corporation operates warehouses at 85 different locations.

Lockdown Effect

To keep employees and clients safe and healthy throughout the epidemic, the company introduced cutting-edge initiatives like "contactless delivery" and brought employees together on a "Blue Connect" platform, strengthening its brand. In addition to accepting credit/debit cards, the corporation enabled 16 digital wallets on the handheld devices used by couriers to facilitate digital payments.

Price Increase

The corporation announced a general price rise of 9.6% beginning on January 1, 2022, in contrast to September 29, 2021.

Drone Trials

In September 2021, the business successfully began Visual Line of Sight trials of drone delivery in Hyderabad as part of the Telangana Government's "Medicine from Sky" program. The majority of drone flights will be operated by Indian drone delivery start-up Skye Air Mobility, which is a member of the consortium for the Government of Telangana's "Medicines from the Sky" Project. In order to perform these trials, Skye Air has partnered with BlueDart Express to offer drone-based delivery and drone flights.

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