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Blue Dart Express Ltd
Logistics
₹ 6,166.00 -307.00 (-4.74%)
₹ 6,166.00 -307.00 (-4.74%)
- NSE
- BSE
Overview
- BSE Code 526612
- NSE Symbol BLUEDART
- ISIN Demat INE233B01017
- Book Value (₹) 684.06
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 16,245.68
- P/E (TTM) 66.41
- EPS (TTM) 103.09
- Div Yield (%) 0.37
Performance
Today’s Low 6,140.50
Today’s High 6,450.00
52W Low 5,365.00
52W High 9,488.70
Open 6,390.50
Prev. Close 6,473.00
Volume 8,153.00
Corporate Actions
Blue Dart Express Limited - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
Apr 26, 2025BLUE DART EXPRESS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
About Blue Dart Express Ltd
Blue Dart Express Limited is engaged in the transportation and door-to-door distribution of time-sensitive shipments through an integrated ground and air transportation network. It is commonly referred to as one of South Asia's leading courier and integrated air express package distribution companies. The company came into existence as as Blue Dart Courier Services in 1983. It became the first carrier in India to provide domestic and international on-board couriers in 1984
In 1991, the company was registered as Blue Dart Express Private Limited and introduced its economical logistics service option, Dart Surfaceline. The year 1994 saw numerous fruitful events for the company, which included a listing of the company’s shares on stock exchanges after an IPO of worth ₹382.5 million.
During the same year, the company launched Dart Apex (Domestic Air Package Express), a multi-modal, premium package delivery service and Cosmat-IITM. This advanced system includes track and trace. In addition, it became the first private company to receive government permission to operate cargo aircraft in India.
In 2000, the company revamped its website to support e-trade and commerce and facilitate better customer interface on the net. It gained complete control of its 4th Boeing 737 freighter in 2003. During the same year, the company established 12 of its own offices in the South, added an additional 198 locations to its delivery network, expanded its hub at Bhiwandi and set up a bonded warehouse in Mumbai.
In 2005, DHL Express (Singapore) Pte. Ltd. gained complete control of 81.03% of the equity capital of Blue Dart Express Limited. Since then, Blue Dart continued to operate as an independent brand, providing a complete spectrum of domestic and international express services through synergies with DHL. In 2010, the company reached a new benchmark in quality service with an ISO 9001-2015 standards certification. In 2015, the company gained complete control of a 21% stake in Blue Dart Aviation and launched India's 1st Parcel Locker in Gurgaon.
The company operated its fleet of B757-200 freighters to Guangzhou, Shanghai, Myanmar, Hong Kong and Bangladesh to provide medical and related supplies in 2020. In 2021, it supported the Government in the delivery of Vaccines against COVID-19.
Subsidiaries
As of March 31, 2023, the company had the following subsidiaries:- Concorde Air Logistics Ltd:It is a wholly owned subsidiary engaged in the transport, storage, and communications enterprise.
- Blue Dart Aviation Ltd:It is a wholly-owned subsidiary incorporated in May 1994. It is a cargo airline based in Chennai, which serves 7 Indian metro cities with its main base at Chennai International Airport.
Business Segments
The company operates only one business segment i.e. integrated air and ground transportation and distribution. It supplies services all kinds of air and ground courier services. The company supplies numerous technology-based business bringing forths, which include MobileDart, InternetDart, Shop Track, Pack Track, ShipDart, ImageDart, etc.Key Personnel
Balfour Manuel, Managing Director & Chief Executive Officer Balfour Manuel has been Managing Director of the company since May 16, 2019. He has played an essential part in the success of Blue Dart from the very beginning of the company's inception. Before joining as Managing Director and Chief Executive Officer of the company, he was a long-time employee of the company. Corporate Action The company has no history of bonus issues, stock splits, or other corporate actions.Founded | : 1991 |
Chairman | : Sharad upasani |
Managing Director | : Balfour Manuel |
Address | : Blue Dart Centre, Sahar Airport Road Andheri (E), Mumbai, Maharashtra, 400099, |
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