# Blue Dart Express (BLUEDART) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/bluedart

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹4,515
- Change: -1.34%
- As of: 2026-11-06
- 1D return: -1.34%
- 5D return: +8.25%
- 1M return: -0.92%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

BLUEDART closed at ₹4,515.0 on 2026-11-06, following an extreme downward weekly gap of -1.3% and a prior day’s +4.4% spike. The stock is trading in the upper-middle of its 20-day range (+70.7%) but remains near the lower end of its 252-day range (+12.9%), reflecting a significant long-term drawdown of -37.2%. Daily momentum shows price above the 20-period EMA and SMA while below the 50-period EMA and 200-period SMA, with ADX at 24.29 indicating developing trend strength. Conversely, the weekly structure is bearish (price below all moving averages and Supertrend) with weak momentum (ADX 13.36), and the monthly view is neutral-to-bearish with very weak trend conviction (ADX 10.18). Recent candlestick formations, including a Doji and Shooting Star, suggest indecision after recent volatility. Key resistance lies at ₹4,562.3 (pivot, +1.05%) and ₹4,624.6 (high, +2.43%), while immediate support is at ₹4,514.0 (low, -0.02%). Annualized volatility stands at +29.5%.

- Trend Divergence: Daily indicators show short-term resilience (price above 20-period EMAs/SMA), but weekly and monthly structures remain bearish with weak trend strength (ADX  14).
- Price Positioning: Trading at ₹4,515.0, the stock is in the top third of its 20-day range but near the bottom of its 52-week range, highlighting a substantial year-to-date decline of -20.5%.
- Key Levels: Immediate resistance at ₹4,562.3 (+1.05%) and ₹4,624.6 (+2.43%); critical support at ₹4,514.0 (-0.02%) and ₹4,469.65 (-1.00%).
- Volatility & Risk: Extreme weekly gap down (-1.3%, z-score -4.02) and high annualized volatility (+29.5%) underscore elevated risk; maximum drawdown has reached -42.0%.

- Doji
- Shooting Star
- Bearish Engulfing Reversal
- Inside Bar
- Outside Bar

### Official Filings

Blue Dart Express has filed multiple disclosures indicating significant leadership transitions and operational expansions ahead of its Q2 FY2027 results. The Board approved the appointment of Mr. R. S. Subramanian as Managing Director, succeeding Mr. Balfour Manuel, with a proposed tenure from November 30, 2026, to May 25, 2030. This change is pending shareholder approval via postal ballot, which runs until November 26, 2026. Concurrently, the company launched 'International Parcel Connect' for cross-border shipments to the US, signaling strategic growth in e-commerce logistics. These developments precede the Board meeting on November 6, 2026, where Unaudited Financial Results for the quarter ended September 30, 2026, will be considered.

- Leadership Change: Mr. R. S. Subramanian proposed as MD (tenor: Nov 30, 2026 – May 25, 2030); shareholder approval sought via postal ballot concluding Nov 26, 2026.
- Financial Reporting: Board meeting scheduled for Nov 6, 2026, to approve Unaudited Financial Results for Q2 ended Sep 30, 2026; trading window closed for designated persons until 48 hours post-declaration.
- New Service Launch: International Parcel Connect launched for India-US shipments (50g–11kg), powered by DHL eCommerce, with plans to expand to UK, EU, Canada, and Australia.

- [Blue Dart Express Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Blue Dart Delivers More Smiles for Less this Diwali with Special Domestic and International Shipping Offers". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_03112026124359_SE_Letter-Press_Release_sd.pdf)
- [Blue Dart Express Limited has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- [Financial Results |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_30102026170908_BlueDart_BM_Intimation_-_Q2.pdf)
- [Blue Dart Express Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_28102026205934_SE_Letter-_advt_postal_ballot.pdf)
- [Blue Dart Express Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_27102026174428_Final_Intimation_Postal_Ballot.pdf)
- [Blue Dart Express Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_510_WebXMLFile_20261027_174817331.xml)
- [Blue Dart Express Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Blue Dart Launches International Parcel Connect to Enable India s Global E-commerce Aspirations". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_26102026165659_SE_Letter-Press_Release.pdf)
- [Blue Dart Express Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_20102026121354_SEINTIMAION74.pdf)
- [Blue Dart Express Limited has informed the Exchange regarding Outcome of Board Meeting held on October 09, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BLUEDART_09102026133540_SEIntimation.pdf)

### Fundamentals

Blue Dart Express demonstrates a clear recovery in profitability and earnings quality, anchored by strong sequential growth in the first quarter of FY2026-27. Revenue from operations rose to ₹1,657.72 crore, while Profit Before Tax surged to ₹119.04 crore, driving Diluted EPS up significantly to ₹37.29 per share. This quarterly acceleration contrasts with the full-year Mar 2026 result, where Net Profit slightly declined to ₹247 crore despite higher Sales of ₹6,141 crore, indicating that recent operational leverage is improving margins after a period of compression.

Earnings quality remains robust, with Cash from Operating Activity at ₹810 crore for Mar 2026 and a CFO/EBITDA conversion rate of 98%, confirming that reported profits are effectively translating into cash. The balance sheet shows prudent capital management: Borrowings increased modestly to ₹1,142 crore, while Cash Work-in-Progress (CWIP) dropped sharply from ₹77 crore to ₹27 crore, suggesting completed capital expenditures are moving to fixed assets (which rose to ₹2,035 crore). However, efficiency metrics have softened; the Cash Conversion Cycle extended to 55 days, and Return on Capital Employed (ROCE) stabilized at 16%.

Ownership structure is stable, with Promoters holding 75% and Domestic Institutional Investors (DIIs) increasing their stake to 14.3%, while Foreign Institutional Investors (FIIs) reduced theirs to 3.31%. The most critical checkpoint for the next period is whether this Q1 FY2026-27 margin expansion sustains against rising interest costs (₹88 crore TTM) and potential working-capital headwinds.

- Q1 FY2026-27 showed strong momentum: Revenue grew to ₹1,657.72 crore and PBT jumped to ₹119.04 crore, reversing the slight annual profit dip seen in Mar 2026.
- Earnings quality is high: CFO was ₹810 crore (Mar 2026) with 98% conversion of operating profit to cash, though the Cash Conversion Cycle lengthened to 55 days.
- Capital intensity is normalizing: CWIP fell to ₹27 crore as Fixed Assets rose to ₹2,035 crore, but ROCE has plateaued at 16%.
- Institutional shift: DIIs increased holdings to 14.3% while FIIs reduced stakes to 3.31%; Promoter holding remains steady at 75%.

### Bear Case

Blue Dart Express faces significant headwinds as evidenced by a prolonged period of negative price performance and elevated volatility. The stock has declined 35.3% since the start of the tracking period, with year-to-date returns at -20.5%. This deterioration is underscored by a maximum drawdown of -42.0% and a current drawdown of -37.2%, indicating sustained downward pressure on valuation. Technical indicators reflect this weakness; while the daily trend remains technically bullish, the weekly trend has turned bearish, characterized by a steeply negative slope in both the 20-day (-108.4) and 50-day (-166.14) simple moving averages. The stock closed at ₹4,515.0 on November 6, 2026, trading within a narrow range but facing immediate resistance just above the current level. With an annualized volatility of 29.5%, the equity continues to exhibit high sensitivity to market movements, complicating near-term stability.

- Severe underperformance: The stock is down 35.3% from the start of the period and -20.5% year-to-date, with a maximum drawdown of -42.0%.
- Bearish medium-term momentum: Weekly technicals show a bearish supertrend direction and sharply negative slopes for key moving averages (SMA-20: -108.4; SMA-50: -166.14).
- High volatility risk: Annualized volatility stands at 29.5%, suggesting continued price instability and downside deviation of +16.4%.

- [Fusion Finance shares surge 10% after strong Q2 results](https://www.thehindubusinessline.com/markets/stock-markets/fusion-finance-shares-surge-10-after-strong-q2-results/article71660657.ece)
- [Blue Dart Express Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Blue Dart Delivers More Smiles for Less this Diwali with Special Domestic and International Shipping Offers". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_03112026124359_SE_Letter-Press_Release_sd.pdf)
- [Blue Dart Express Limited has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- [Financial Results |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_30102026170908_BlueDart_BM_Intimation_-_Q2.pdf)
- [Blue Dart Express Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_28102026205934_SE_Letter-_advt_postal_ballot.pdf)
- [Blue Dart Express Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_27102026174428_Final_Intimation_Postal_Ballot.pdf)
- [Blue Dart Express Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_510_WebXMLFile_20261027_174817331.xml)
- [Blue Dart Express Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Blue Dart Launches International Parcel Connect to Enable India s Global E-commerce Aspirations". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_26102026165659_SE_Letter-Press_Release.pdf)
- [Blue Dart Express Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_20102026121354_SEINTIMAION74.pdf)

### FAQs

**When will Blue Dart Express announce its quarterly financial results?**

The Board of Directors is scheduled to meet on November 6, 2026, to consider and approve the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The trading window for Designated Persons and their immediate relatives is closed from October 1, 2026, until 48 hours after the declaration of these results.

**What is the current status of the appointment of Mr. R. S. Subramanian as Managing Director?**

Blue Dart Express has completed the dispatch of Postal Ballot Notices dated September 23, 2026, seeking shareholder approval to appoint Mr. R. S. Subramanian (DIN: 02946608) as Managing Director. As of the latest filing on October 28, 2026, this appointment has not yet been reported as approved by shareholders.

**How has Blue Dart Express's stock price performed over the past year?**

As of November 6, 2026, the stock has declined 28.7% over the trailing one-year period and is down 20.5% year-to-date. The share has experienced a maximum drawdown of 42.0%, with the current drawdown standing at -37.2%. Annualized volatility for the stock is recorded at +29.5%.

**What festive shipping offers is Blue Dart Express currently running?**

Blue Dart Express launched 'Diwali Express 2026', a campaign running from October 8 to November 14, 2026. The offer provides discounts of up to 50% on eligible domestic consignments weighing 2 kg to 10 kg, and up to 60% on eligible international gift consignments. Free doorstep pickup is available for domestic shipments subject to service availability.

- [Fusion Finance shares surge 10% after strong Q2 results](https://www.thehindubusinessline.com/markets/stock-markets/fusion-finance-shares-surge-10-after-strong-q2-results/article71660657.ece)
- [Blue Dart Express Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Blue Dart Delivers More Smiles for Less this Diwali with Special Domestic and International Shipping Offers". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_03112026124359_SE_Letter-Press_Release_sd.pdf)
- [Blue Dart Express Limited has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- [Financial Results |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_30102026170908_BlueDart_BM_Intimation_-_Q2.pdf)
- [Blue Dart Express Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_28102026205934_SE_Letter-_advt_postal_ballot.pdf)
- [Blue Dart Express Limited has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_27102026174428_Final_Intimation_Postal_Ballot.pdf)
- [Blue Dart Express Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_510_WebXMLFile_20261027_174817331.xml)
- [Blue Dart Express Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Blue Dart Launches International Parcel Connect to Enable India s Global E-commerce Aspirations". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_26102026165659_SE_Letter-Press_Release.pdf)
- [Blue Dart Express Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_20102026121354_SEINTIMAION74.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹4,562.3
- Risk regime: Higher Price Risk

### Support levels
- 4469.65
- 4141
- 4514

### Resistance levels
- 5079.5
- 5729.5
- 5949.875

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.34% |
| return_10 | +7.11% |
| return_1m | -1.05% |
| return_1y | -28.68% |
| return_20 | -0.92% |
| return_3m | -11.69% |
| return_5 | +8.25% |
| return_6m | -20.05% |
| return_since_start | -35.33% |
| return_ytd | -20.45% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -41.97% |
| annualized_volatility | +29.47% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Blue Dart Express Limited Q2 FY2026-27: Profit rises 28%

Blue Dart Express reported revenue from operations of ₹1,773.9 crore for the quarter ended 30 September 2026, up 14.5% year on year and 7.0% sequentially. Net profit rose 27.7% year on year to ₹103.9 crore, outpacing expense growth; operating cash flow was ₹424.7 crore.

## Revenue and expenses

Total income was ₹1,790.0 crore, up 14.8% from Q2 FY2025-26 and 7.0% from Q1 FY2026-27. Revenue from operations increased from ₹1,549.3 crore in Q2 FY2025-26 and ₹1,657.7 crore in Q1 FY2026-27. It was also the highest of the five quarters through Q2 FY2026-27, extending the sequential rise from ₹1,533.5 crore in Q4 FY2025-26.

Total expenses were ₹1,652.2 crore, up 14.0% year on year and 6.3% quarter on quarter. Other expenses rose 14.4% year on year and 9.8% from Q1 FY2026-27 to ₹167.7 crore. Employee benefit expense was ₹292.9 crore, cost of materials consumed ₹1,026.4 crore, and depreciation and amortisation ₹143.7 crore.

## Profit and earnings per share

Profit before tax was ₹137.9 crore, up 26.1% from Q2 FY2025-26 and 15.8% from Q1 FY2026-27. Finance costs were ₹21.4 crore, compared with ₹21.7 crore a year earlier and ₹20.6 crore in the preceding quarter.

Tax expense increased 21.7% year on year and 11.2% quarter on quarter to ₹34.0 crore. Net profit was ₹103.9 crore, versus ₹81.4 crore in Q2 FY2025-26 and ₹88.5 crore in Q1 FY2026-27. Basic and diluted earnings per share were both ₹43.79, up from ₹34.30 and ₹37.29 in those respective quarters.

## Cash flow and liquidity

Operating cash flow was ₹424.7 crore, while investing cash flow was negative ₹286.8 crore. Free cash flow was ₹137.9 crore, and financing cash flow was negative ₹248.7 crore.

Cash and cash equivalents stood at ₹127.2 crore on 30 September 2026, down from ₹238.0 crore on 31 March 2026. Current investments were ₹535.9 crore, compared with ₹412.6 crore at 31 March 2026. Current borrowings were ₹200 crore at 30 September 2026, versus nil at 30 September 2025.

## Working capital and balance sheet

Trade receivables were ₹1,052.8 crore at 30 September 2026, compared with ₹937.7 crore at 30 September 2025 and ₹918.3 crore at 31 March 2026. The increase is a working-capital movement to monitor alongside revenue growth.

Total assets were ₹4,249.1 crore, up from ₹4,126.9 crore at 31 March 2026. Property, plant and equipment stood at ₹2,002.6 crore. Equity attributable to owners of the parent increased to ₹1,911.7 crore from ₹1,776.8 crore at 31 March 2026, while noncurrent financial liabilities declined to ₹607.0 crore from ₹656.1 crore.

## Key Takeaway

Q2 brought year-on-year and sequential growth in revenue and profit, with profit rising faster than expenses in both comparisons. Operating cash flow exceeded investing outflows, while receivables and cash balances moved higher and lower, respectively, against the 31 March 2026 position. These cash and working-capital movements are important context for the stronger earnings result.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +75.00%
- FII holding: +3.35%
- DII holding: +14.47%
- Mutual fund holding: +11.79%
- Retail holding: +4.11%
- Promoter pledged: +0.00%

### Major reported shareholders

- DHL Express (Singapore) Pte Ltd — +75.00% (Bodies Corporate)
- Hdfc Small Cap Fund — +8.48%
- Icici Prudential Life Insurance Company Limited — +2.21%
- Kotak Small Cap Fund — +1.86%
- Bright Star Investments — +1.19%
- Canara Robeco Mutual Fund A/C Canara Robeco Large And Mid Cap Fund — +1.02%

## Official filings

- 2026-11-07 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_07112026193845_SE_Newspaper_Publication.pdf)
- 2026-11-06 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_06112026160124_BMOutcomeNovember62026.pdf)
- 2026-11-06 — Press Release: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_06112026160642_BMOutcomeNovember62026.pdf)
- 2026-11-06 — Financial Results Filing: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754755_06112026042529_WEB.xml)
- 2026-11-06 — Financial Results Filing: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754761_06112026042658_WEB.xml)
- 2026-11-03 — Press Release: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_03112026124359_SE_Letter-Press_Release_sd.pdf)
- 2026-10-30 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- 2026-10-30 — Board Meeting Notice: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_510_WebXMLFile_20261030_154810007.xml)
- 2026-10-30 — Board Meeting Notice: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_30102026170908_BlueDart_BM_Intimation_-_Q2.pdf)
- 2026-10-28 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_28102026205934_SE_Letter-_advt_postal_ballot.pdf)
- 2026-10-27 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_27102026174428_Final_Intimation_Postal_Ballot.pdf)
- 2026-10-27 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_510_WebXMLFile_20261027_174817331.xml)
- 2026-10-26 — Press Release: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_26102026165659_SE_Letter-Press_Release.pdf)
- 2026-10-20 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/pooja_sanghvi_20102026121354_SEINTIMAION74.pdf)
- 2026-10-09 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_09102026133540_SEIntimation.pdf)
- 2026-10-09 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_09102026134443_SEIntimation.pdf)
- 2026-10-09 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_09102026134141_SEIntimation.pdf)
- 2026-10-09 — Management Change: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_09102026134324_SEIntimation.pdf)
- 2026-10-09 — Press Release: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_09102026175608_BSE_NSE-Press_Release_.pdf)
- 2026-10-09 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_510_WebXMLFile_20261009_194950661.xml)
- 2026-10-09 — Management Change: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_ROID_100122_KMP_Doc.zip)
- 2026-10-09 — Management Change: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_ROID_100124_KMP_Doc.zip)
- 2026-10-09 — Generic Announcement: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_510_WebXMLFile_20261009_195137711.xml)
- 2026-10-06 — Press Release: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BLUEDART_06102026184538_BSE_NSE-Press_Release_.pdf)
- 2026-10-06 — Annual Report: Blue Dart Express Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_32187_BLUEDART_2025_2026_A_10851833_07102026102549.pdf)

## News and market events

- 2026-11-07 — Mint: **Kirloskar-backed NBFC Arka gets ₹525 cr initial commitment from TPG’s Rise Funds | Company Business News** — Kirloskar-backed NBFC Arka Fincap has secured an initial ₹525 crore investment from TPG’s Rise Funds, with the potential for an additional ₹275 crore contingent on meeting business milestones and regulatory approvals. The capital is intended to support Arka's expansion into new geographies and enhance its technology and risk management capabilities as it scales its secured retail lending platform. This funding marks a significant step in Arka's evolution, leveraging TPG's expertise and the Kirloskar Group's institutional commitment to address underserved MSME and vehicle operator segments acro — [Source](https://www.livemint.com/companies/news/nbfc-india-arka-fincap-tpg-rise-funds-kirloskar-11794028463025.html)
- 2026-11-06 — CNBC-TV18: **Blue Dart Q2 results: Net profit jumps 28% to ₹104 crore, EBITDA margin at 16.2%** — Blue Dart Express reported a 28.4% year-on-year increase in Q2 FY27 net profit to ₹104 crore, driven by a 14.5% rise in revenue to ₹1,774 crore and a 14.2% growth in EBITDA to ₹287.4 crore. The company attributed the performance to strong business fundamentals and operational productivity, though its EBITDA margin remained largely flat at 16.2%. Following the results, Blue Dart shares closed 0.8% lower on the NSE. — [Source](https://www.cnbctv18.com/market/blue-dart-share-price-q2-results-net-profit-jumps-28-percent-revenue-ebitda-margin-20029025.htm)
- 2026-11-06 — FREEPRESSJOURNAL.IN: **Blue Dart Express Delivers Strong Q2 FY27 Earnings, Revenue Soars 14.5% To ₹1,773.93 Crore As Pretax Profit Jumps 23.6%** — Blue Dart Express reported a 14.5% year-on-year revenue increase to ₹1,773.93 crore and a 23.6% rise in pretax profit to ₹135.09 crore for Q2 FY27, driven by higher logistics income and improved cost management. The company also announced the resignation of Chairman Prakash Apte due to health concerns and confirmed a final dividend of ₹25 per equity share for FY26. — [Source](https://www.freepressjournal.in/business/blue-dart-express-delivers-strong-q2-fy27-earnings-revenue-soars-145-to-177393-crore-as-pretax-profit-jumps-236)
- 2026-11-03 — The Hindu: **Fusion Finance shares surge 10% after strong Q2 results** — Shares of Fusion Finance surged nearly 10% on the NSE following a strong Q2 FY27 performance that saw profit before tax rise 39% to ₹86.5 crore and gross non-performing assets improve sharply to 1.60%. The microfinance lender reported expanded net interest margins and higher disbursements, although quarterly lending volumes were partially impacted by floods in five states. — [Source](https://www.thehindubusinessline.com/markets/stock-markets/fusion-finance-shares-surge-10-after-strong-q2-results/article71660657.ece)
- 2026-10-28 — Economic Times: **Blue Dart launches International Parcel Connect for SMEs, D2Cs** — This service will enable e-commerce, D2C brands, and SMEs to connect with global customers. With options that cater to both premium and budget-conscious shipping needs, it accommodates parcels from 50 g to 11 kg, ensuring enhanced tracking. — [Source](https://economictimes.indiatimes.com/small-biz/sme-sector/blue-dart-launches-international-parcel-connect-for-smes-d2cs/articleshow/135258985.cms)
- 2026-10-26 — The Hindu: **Blue Dart forays into cross-border parcel shipping service** — Blue Dart launches International Parcel Connect, a cost-efficient cross-border shipping option from India to the US for SMEs, D2C brands, and exporters. — [Source](https://www.thehindu.com/business/blue-dart-forays-into-cross-border-parcel-shipping-service/article71627873.ece)
- 2026-10-26 — The Hindu: **Blue Dart launches international parcel service** — Blue Dart Express has launched B2C cross-border parcel shipping service to help Indian e-commerce firms and SMEs, the company said on Monday. — [Source](https://www.thehindubusinessline.com/economy/logistics/blue-dart-launches-international-parcel-service/article71627497.ece)
- 2026-10-10 — NEWS.WEBINDIA123.COM: **Blue Dart Expands Delivery Reach into Deeper Pockets Through India Post Partnership** — VMPL — [Source](https://news.webindia123.com/news/Articles/Business/20261010/4509296.html)
- 2026-10-01 — Economic Times: **Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a negative start; Asian shares trade mixed - The Economic Times** — Sensex Today | Nifty 50 | Stock Market Live Updates: Benchmark indices pared gains from the day’s highs and ended near the day’s lows amid heightened volatility at the start of the new series. Persistent global uncertainty and an intraday spike in Brent crude oil prices kept investors cautious. — [Source](https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-nifty50-stock-market-live-updates-gift-nifty-infosys-hdfc-bank-share-price-01-october-2026/liveblog/134606042.cms)
- 2026-10-01 — BUSINESSTODAY: **GIFT Nifty down 110 points; NSE, YES Bank, TechM, Moneyview, Auro Pharma among top stocks in focus** — GIFT Nifty down 110 points; NSE, YES Bank, TechM, Moneyview, Auro Pharma among top stocks in focus — [Source](https://www.businesstoday.in/markets/stocks/story/gift-nifty-down-110-points-nse-yes-bank-techm-moneyview-auro-pharma-among-top-stocks-in-focus-558932-2026-10-01)
- 2026-10-01 — The Hindu: **Markets head for negative open as FII outflows outweigh oil relief** — GIFT Nifty futures were at 22,570 as of 7:38 a.m. IST, signaling a negative start for the Nifty 50, which closed at 22,620.45 on Wednesday — [Source](https://www.thehindubusinessline.com/markets/markets-head-for-negative-open-as-fii-outflows-outweigh-oil-relief/article71531256.ece)
- 2026-09-30 — CNBC-TV18: **Stocks to Watch for October 1: Insurance stocks, IRFC, NCC, Infosys and more** — From IRFC receiving a ₹396.91 crore show-cause notice from Bihar tax authorities to Highway Infrastructure entering into a ₹220.66 crore contract agreement with UPEIDA, here are the stocks to track ahead of Thursday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-1-insurance-stocks-irfc-ncc-infosys-and-more-20002281.htm)
- 2026-09-30 — Mint: **Top stocks in focus tomorrow: Investors must watch Jio Financial, Infosys, NCC shares on Thu, 1 Oct | Triggers** — Indian investors will monitor companies like Jio Financial Services, NCC, and Highway Infrastructure on October 1, focusing on key business developments and announcements. Jio acquired shares in Jio Allianz, NCC secured orders, and Highway Infrastructure entered a toll plaza contract. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-in-focus-tomorrow-investors-must-watch-jio-financial-infosys-ncc-shares-on-thu-1-oct-triggers-11790774828518.html)
- 2026-09-30 — CNBC-TV18: **Blue Dart to raise domestic shipping prices by up to 12% from January 2027** — The logistics company said the annual price revision will help offset higher operating costs and fund investments in its network and technology. — [Source](https://www.cnbctv18.com/business/companies/blue-dart-share-price-shipping-price-increase-january-2027-20002247.htm)
- 2026-09-16 — BUSINESS: **Blue Dart Express appoints R.S. Subramanian as MD** — With effect from 30 November 2026 — [Source](https://www.business-standard.com/markets/capital-market-news/blue-dart-express-appoints-r-s-subramanian-as-md-126091601167_1.html)
- 2026-09-16 — BUSINESS: **Stock Alert: GMR Airports, Saatvik Green Energy, NBCC, GMM Pfaudler** — Shares of Inox Wind, Kaynes Technology India, Bandhan Bank and SAIL are banned from F&O trading on 16 September 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/stock-alert-gmr-airports-saatvik-green-energy-nbcc-gmm-pfaudler-126091600135_1.html)
- 2026-09-14 — BUSINESSTODAY: **Karnataka Bank, Pondy Oxides, ITDC, Blue Dart among stocks to turn ex-dividend on September 15** — Karnataka Bank, Pondy Oxides & Chemicals, India Tourism Development Corporation, Blue Dart Express, Arrow Greentech, The Hi-Tech Gears, J Kumar Infraprojects, Carysil, Aarti Pharmalabs, ITL Industries, Ex-dividend — [Source](https://www.businesstoday.in/markets/stocks/story/karnataka-bank-pondy-oxides-itdc-blue-dart-among-stocks-to-turn-ex-dividend-on-september-15-555396-2026-09-14)
- 2026-09-14 — Mint: **Dividend alert: Last chance to buy Blue Dart, Karnataka Bank, Aarti Pharma, ITDC, and others for dividends | Full list** — Shares of Blue Dart, Karnataka Bank, and others focus on their dividend record dates on September 15. Investors need to own stocks by this date for eligibility.  — [Source](https://www.livemint.com/market/stock-market-news/dividend-alert-last-chance-to-buy-blue-dart-karnataka-bank-aarti-pharma-itdc-and-others-for-dividends-full-list-11789365707462.html)
- 2026-08-02 — CNBC-TV18: **Stocks to Watch for August 3: Auto stocks, ITC, Maruti Suzuki, Indian Oil and more** — Markets will keep an eye on key earnings, auto sales updates and fresh order wins. Stocks in focus include Aarti Drugs, ITC, Maruti Suzuki, Indian Oil, Hero MotoCorp, Tata Motors and Mahindra & Mahindra after their quarterly results and July sales updates. Glenmark Pharma, ABB India, Blue Dart Express, NCC and Powerica will also be tracked for their earnings, order wins and business developments. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-3-auto-stocks-itc-maruti-suzuki-indian-oil-share-price-19959259.htm)
- 2026-07-31 — CNBC-TV18: **Q1 Results LIVE Updates:  IOC slips into loss; Maruti Suzuki profit beats estimates** — Q1 Results LIVE Updates: Four Nifty companies, ITC, Maruti Suzuki, Sun Pharma and Bajaj Finserv report results today to round off this week dominated by earnings. Broader market names like Dixon Tech, Indian Oil, Glenmark Pharma, GMDC, ABB India, SJVN, GAIL and NALCO among many others will also be reporting their results. The big result reactions of the day include the likes of Swiggy, Mazagon Dock, Thermax, Bajaj Finance's earnings call and upgrades among others. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-sun-pharma-itc-maruti-suzuki-bajaj-finserv-tata-steel-swiggy-share-price-liveblog-19958383.htm)
- 2026-07-31 — The Hindu: **Fusion Klassroom Edutech raises ₹11.08 crore from anchor investors ahead of IPO** — The edtech company secured anchor investment ahead of its SME listing as it prepares to fund technology, expansion and debt repayment. — [Source](https://www.thehindubusinessline.com/markets/stock-markets/fusion-klassroom-edutech-raises-1108-crore-from-anchor-investors-ahead-of-ipo/article71288843.ece)
- 2026-07-17 — Economic Times: **Logistics firms set for strong Q1 revenue growth despite margin pressure** — Logistics sector revenue is poised for healthy growth in the June quarter. This expansion is driven by e-commerce demand and increased supply-chain outsourcing. However, elevated fuel costs and pricing pressures may impact profitability across companies. Container Corporation of India and Delhivery anticipate revenue increases with margin challenges. Blue Dart Express and TCI also expect revenue growth, with fuel prices being key. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/logistics-firms-set-for-strong-q1-revenue-growth-despite-margin-pressure/articleshow/132450304.cms)

## Business profile

**Strategic vision:** Provides integrated express air and transportation services.

### Business segments
- **Express Air and Transportation:** Offers air express, freight forwarding, supply chain solutions, and customs clearance through an integrated infrastructure.
- **E-commerce Logistics:** Engages in B2B and B2C e-commerce initiatives, collaborating with key online portals within India.

### Competitive strengths
- Extensive domestic network
- Access to a global logistics network
- Dedicated cargo airline operations
- Integrated infrastructure for efficiency and reach
- Advanced technology for logistics functions
- Nationwide warehouse network including bonded facilities

## Related stocks

- [Shipping Corporation Of India Limited (Logistics)](https://faxioms.com/stocks/sci) — -0.74%
- [Adani Ports and Special Economic Zone Limited (Logistics)](https://faxioms.com/stocks/adaniports) — +2.76%
- [Aegis Vopak Terminals Limited (Logistics)](https://faxioms.com/stocks/aegisvopak) — +4.80%
- [Container Corporation of India Limited (Logistics)](https://faxioms.com/stocks/concor) — -0.24%
- [Delhivery Limited (Logistics)](https://faxioms.com/stocks/delhivery) — -0.48%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/bluedart
Markdown representation: https://faxioms.com/stocks/bluedart?render=md