BLUEDART - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 3.8
| Stock Code | BLUEDART | Market Cap | 12,970 Cr. | Current Price | 5,466 ₹ | High / Low | 7,225 ₹ |
| Stock P/E | 45.2 | Book Value | 713 ₹ | Dividend Yield | 0.46 % | ROCE | 18.6 % |
| ROE | 15.0 % | Face Value | 10.0 ₹ | DMA 50 | 5,319 ₹ | DMA 200 | 5,690 ₹ |
| Chg in FII Hold | -0.72 % | Chg in DII Hold | 0.92 % | PAT Qtr | 108 Cr. | PAT Prev Qtr | 79.5 Cr. |
| RSI | 59.8 | MACD | 70.8 | Volume | 7,190 | Avg Vol 1Wk | 8,186 |
| Low price | 4,683 ₹ | High price | 7,225 ₹ | PEG Ratio | -2.68 | Debt to equity | 0.28 |
| 52w Index | 30.8 % | Qtr Profit Var | 35.9 % | EPS | 105 ₹ | Industry PE | 23.7 |
📊 Blue Dart Express Ltd (BLUEDART) shows moderate fundamentals with ROCE at 18.6% and ROE at 15.0%, reflecting decent efficiency. Debt-to-equity at 0.28 is manageable, ensuring financial stability. Quarterly PAT rose from 79.5 Cr. to 108 Cr. (+35.9%), showing earnings momentum. However, valuations are stretched with a P/E of 45.2 vs industry average of 23.7, and a negative PEG ratio (-2.68) highlights poor growth alignment. EPS of 105 ₹ supports profitability, but dividend yield of 0.46% is modest. Overall, Blue Dart’s strong logistics and courier business model provides competitive advantage, though valuation risks remain.
💡 Entry Zone: 5,300–5,400 ₹ (near 50 DMA support).
📈 Long-Term Holding Guidance: Suitable for cautious long-term investors due to strong brand and sector resilience. Accumulate gradually near support zones and hold for 18–24 months, while monitoring valuation compression and earnings growth.
✅ Positive
- Strong ROCE (18.6%) and ROE (15.0%) highlight efficient operations.
- Debt-to-equity ratio (0.28) remains manageable.
- Quarterly PAT growth (+35.9%) shows earnings momentum.
- DII holdings increased (+0.92%), reflecting domestic institutional support.
⚠️ Limitation
- High P/E (45.2) vs industry average (23.7).
- Negative PEG ratio (-2.68) indicates poor growth valuation balance.
- Dividend yield of 0.46% is modest.
- Stock trading below 200 DMA (5,690 ₹), showing medium-term weakness.
📉 Company Negative News
- FII holdings declined (-0.72%), reflecting reduced foreign investor confidence.
- Valuation concerns due to high P/E and negative PEG ratio.
📈 Company Positive News
- Quarterly profit surged from 79.5 Cr. to 108 Cr.
- DII holdings increased (+0.92%), showing domestic institutional support.
- MACD (70.8) and RSI (59.8) indicate bullish momentum.
🏭 Industry
- Logistics and courier industry benefits from rising e-commerce demand.
- Industry P/E at 23.7 highlights moderate valuations compared to Blue Dart’s premium.
🔎 Conclusion
⚖️ Blue Dart is a fundamentally stable company with strong brand presence and earnings growth. However, stretched valuations and negative PEG ratio limit near-term upside. Entry near 5,300–5,400 ₹ offers a favorable risk-reward setup. Best suited for cautious long-term investors willing to accumulate gradually and hold for 18–24 months, with profit booking near 6,800–7,000 ₹ if momentum sustains.