Blue Dart Express Limited Net Assets
Blue Dart Express Limited net assets. Based on the latest financial reports, Blue Dart Express Limited (BLUEDART) has net assets worth Rs17.77 Billion INR (≈ $192.16 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs41.27 Billion ≈ $446.30 Million USD) and total liabilities (Rs23.50 Billion ≈ $254.15 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Blue Dart Express Limited (BLUEDART) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs17.77 Billion |
| % of Total Assets | 43.06% |
| Annual Growth Rate | 12.66% |
| 5-Year Change | 103.77% |
| 10-Year Change | 313.72% |
| Growth Volatility | 19.42 |
Net Assets of Blue Dart Express Limited (2004–2026)
Net assets of Blue Dart Express Limited from 2004 to 2026. This chart illustrates how Blue Dart Express Limited's net assets have evolved over time, based on quarterly financial data. See BLUEDART equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Blue Dart Express Limited (2004–2026)
The table below shows the annual net assets of Blue Dart Express Limited from 2004 to 2026. For live market cap and overall valuation, see Blue Dart Express Limited (BLUEDART) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs17.77 Billion ≈ $192.16 Million |
+13.97% |
| 2025-03-31 | Rs15.59 Billion ≈ $168.60 Million |
+14.03% |
| 2024-03-31 | Rs13.67 Billion ≈ $147.87 Million |
+15.91% |
| 2023-03-31 | Rs11.80 Billion ≈ $127.56 Million |
+35.27% |
| 2022-03-31 | Rs8.72 Billion ≈ $94.30 Million |
+47.31% |
| 2021-03-31 | Rs5.92 Billion ≈ $64.02 Million |
+20.60% |
| 2020-03-31 | Rs4.91 Billion ≈ $53.08 Million |
-15.04% |
| 2019-03-31 | Rs5.78 Billion ≈ $62.48 Million |
+8.63% |
| 2018-03-31 | Rs5.32 Billion ≈ $57.51 Million |
+23.83% |
| 2017-03-31 | Rs4.29 Billion ≈ $46.45 Million |
+12.46% |
| 2016-03-31 | Rs3.82 Billion ≈ $41.30 Million |
+24.29% |
| 2015-03-31 | Rs3.07 Billion ≈ $33.23 Million |
-52.21% |
| 2014-03-31 | Rs6.43 Billion ≈ $69.53 Million |
-6.05% |
| 2013-03-31 | Rs6.84 Billion ≈ $74.01 Million |
+3.11% |
| 2012-03-31 | Rs6.64 Billion ≈ $71.78 Million |
+21.77% |
| 2011-03-31 | Rs5.45 Billion ≈ $58.95 Million |
+20.29% |
| 2010-03-31 | Rs4.53 Billion ≈ $49.00 Million |
+14.80% |
| 2009-03-31 | Rs3.95 Billion ≈ $42.69 Million |
+23.53% |
| 2008-03-31 | Rs3.20 Billion ≈ $34.56 Million |
+27.22% |
| 2007-03-31 | Rs2.51 Billion ≈ $27.16 Million |
+23.83% |
| 2006-03-31 | Rs2.03 Billion ≈ $21.93 Million |
+24.82% |
| 2005-03-31 | Rs1.62 Billion ≈ $17.57 Million |
+25.88% |
| 2004-03-31 | Rs1.29 Billion ≈ $13.96 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Dart Express Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Blue Dart Express Limited Net Assets Breakdown (March 2026)
Blue Dart Express Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs237.60 Million | 1.34% |
| Other Comprehensive Income | Rs17.53 Billion | 98.66% |
| Total Equity | Rs17.77 Billion | 100.00% |
Blue Dart Express Limited Competitors by Market Cap
The table below lists competitors of Blue Dart Express Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jess-Link Products Co Ltd
TW:6197
|
$1.12 Billion |
|
Hagar hf
IC:HAGA
|
$1.12 Billion |
|
PROS Holdings Inc
NYSE:PRO
|
$1.12 Billion |
|
Hisense Home Appliances Group Co. Ltd
F:GKE
|
$1.12 Billion |
|
Srisawad Power 1979 PCL
BK:SAWAD
|
$1.12 Billion |
|
Vossloh AG
F:VOS
|
$1.12 Billion |
|
IGB Bhd
KLSE:5606
|
$1.12 Billion |
|
Whirlpool of India Limited
NSE:WHIRLPOOL
|
$1.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Dart Express Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 15,590,400,000 to 17,768,300,000, a change of 2,177,900,000 (14.0%).
- Net income of 2,473,900,000 contributed positively to equity growth.
- Dividend payments of 593,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 16,863,000,000.
- Other factors decreased equity by 16,565,800,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.47 Billion | +13.92% |
| Dividends Paid | Rs593.20 Million | -3.34% |
| Other Comprehensive Income | Rs16.86 Billion | +94.9% |
| Other Changes | Rs-16.57 Billion | -93.23% |
| Total Change | Rs- | 13.97% |
Book Value vs Market Value Analysis
This analysis compares Blue Dart Express Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 80.23x to 5.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs54.40 | Rs4364.80 | x |
| 2005-03-31 | Rs68.48 | Rs4364.80 | x |
| 2006-03-31 | Rs85.48 | Rs4364.80 | x |
| 2007-03-31 | Rs105.85 | Rs4364.80 | x |
| 2008-03-31 | Rs134.66 | Rs4364.80 | x |
| 2009-03-31 | Rs166.35 | Rs4364.80 | x |
| 2010-03-31 | Rs190.96 | Rs4364.80 | x |
| 2011-03-31 | Rs229.71 | Rs4364.80 | x |
| 2012-03-31 | Rs279.73 | Rs4364.80 | x |
| 2013-03-31 | Rs278.12 | Rs4364.80 | x |
| 2014-03-31 | Rs270.97 | Rs4364.80 | x |
| 2015-03-31 | Rs129.49 | Rs4364.80 | x |
| 2016-03-31 | Rs160.95 | Rs4364.80 | x |
| 2017-03-31 | Rs181.00 | Rs4364.80 | x |
| 2018-03-31 | Rs224.13 | Rs4364.80 | x |
| 2019-03-31 | Rs243.48 | Rs4364.80 | x |
| 2020-03-31 | Rs206.86 | Rs4364.80 | x |
| 2021-03-31 | Rs249.48 | Rs4364.80 | x |
| 2022-03-31 | Rs367.50 | Rs4364.80 | x |
| 2023-03-31 | Rs497.12 | Rs4364.80 | x |
| 2024-03-31 | Rs576.23 | Rs4364.80 | x |
| 2025-03-31 | Rs657.05 | Rs4364.80 | x |
| 2026-03-31 | Rs748.83 | Rs4364.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Dart Express Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.03%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.32x
- Recent ROE (13.92%) is below the historical average (22.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 20.84% | 7.59% | 1.24x | 2.21x | Rs139.91 Million |
| 2005 | 23.11% | 8.17% | 1.59x | 1.78x | Rs213.09 Million |
| 2006 | 21.88% | 10.65% | 1.32x | 1.56x | Rs241.03 Million |
| 2007 | 20.36% | 7.63% | 1.91x | 1.39x | Rs260.14 Million |
| 2008 | 22.21% | 8.76% | 1.88x | 1.35x | Rs390.23 Million |
| 2009 | 19.70% | 7.97% | 1.91x | 1.29x | Rs383.02 Million |
| 2010 | 13.47% | 6.73% | 1.56x | 1.28x | Rs157.05 Million |
| 2011 | 17.37% | 8.24% | 1.65x | 1.28x | Rs401.51 Million |
| 2012 | 18.71% | 8.32% | 1.77x | 1.27x | Rs578.17 Million |
| 2013 | 23.43% | 8.90% | 1.65x | 1.59x | Rs886.33 Million |
| 2014 | 19.07% | 6.33% | 2.06x | 1.46x | Rs583.04 Million |
| 2015 | 42.09% | 5.69% | 2.30x | 3.22x | Rs986.04 Million |
| 2016 | 51.38% | 7.66% | 2.02x | 3.32x | Rs1.58 Billion |
| 2017 | 32.56% | 5.20% | 1.92x | 3.26x | Rs968.92 Million |
| 2018 | 27.21% | 5.17% | 1.86x | 2.83x | Rs915.29 Million |
| 2019 | 15.54% | 2.83% | 1.75x | 3.14x | Rs319.88 Million |
| 2020 | -8.53% | -1.32% | 1.20x | 5.38x | Rs-909.43 Million |
| 2021 | 17.20% | 3.10% | 1.13x | 4.89x | Rs426.14 Million |
| 2022 | 43.83% | 8.67% | 1.56x | 3.24x | Rs2.95 Billion |
| 2023 | 31.41% | 7.16% | 1.60x | 2.73x | Rs2.53 Billion |
| 2024 | 22.02% | 5.71% | 1.52x | 2.53x | Rs1.64 Billion |
| 2025 | 16.19% | 4.41% | 1.56x | 2.35x | Rs965.16 Million |
| 2026 | 13.92% | 4.03% | 1.49x | 2.32x | Rs697.07 Million |
Industry Comparison
This section compares Blue Dart Express Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $8,410,264,747
- Average return on equity (ROE) among peers: 3.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Dart Express Limited (BLUEDART) | Rs17.77 Billion | 20.84% | 1.32x | $1.12 Billion |
| Accuracy Shipping Limited (ACCURACY) | $19.62 Million | 31.41% | 5.62x | $6.38 Million |
| Allcargo Terminals Ltd (ATL) | $-62.07K | 0.00% | 0.00x | $65.86 Million |
| Delhivery Limited (DELHIVERY) | $33.88 Billion | -52.63% | 0.20x | $3.34 Billion |
| Future Supply Chain Solutions Limited (FSC) | $4.80 Billion | 6.34% | 0.61x | $1.31 Million |
| Gateway Distriparks Limited (GATEWAY) | $11.10 Billion | 11.90% | 0.21x | $250.67 Million |
| Jet Freight Logistics Limited (JETFREIGHT) | $295.94 Million | 27.27% | 2.25x | $8.73 Million |
| Maheshwari Logistics Limited (MAHESHWARI) | $244.26 Million | 5.63% | 2.86x | $21.67 Million |
| Mahindra Logistics Limited (MAHLOG) | $5.60 Billion | 4.69% | 3.56x | $438.07 Million |
| Navkar Corporation Limited (NAVKARCORP) | $19.75 Billion | -0.09% | 0.13x | $125.02 Million |
About Blue Dart Express Limited
Blue Dart Express Limited provides courier and express services in India. It provides day-definite and time-definite delivery schedules across air and ground network under the Domestic Priority, Dart Apex, Dart Surfaceline, and Dart Plus names; and door-to-door ground distribution service under the Dart Surfaceline name. The company also offers air freight services between the airports of Kolkata… Read more