Blue Dart Express Limited (BLUEDART) - Net Assets

Latest as of September 2025: Rs16.31 Billion INR ≈ $176.42 Million USD

Based on the latest financial reports, Blue Dart Express Limited (BLUEDART) has net assets worth Rs16.31 Billion INR (≈ $176.42 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs38.21 Billion ≈ $413.25 Million USD) and total liabilities (Rs21.90 Billion ≈ $236.82 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. Check BLUEDART asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs16.31 Billion
% of Total Assets 42.69%
Annual Growth Rate 12.6%
5-Year Change 163.37%
10-Year Change 308.23%
Growth Volatility 19.87

Blue Dart Express Limited - Net Assets Trend (2004–2025)

This chart illustrates how Blue Dart Express Limited's net assets have evolved over time, based on quarterly financial data. Also explore BLUEDART asset base for the complete picture of this company's asset base.

Annual Net Assets for Blue Dart Express Limited (2004–2025)

The table below shows the annual net assets of Blue Dart Express Limited from 2004 to 2025. For live valuation and market cap data, see BLUEDART market cap.

Year Net Assets Change
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 grown by 1433760000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings Rs14.34 Billion 91.96%
Common Stock Rs237.60 Million 1.52%
Other Comprehensive Income Rs667.70 Million 4.28%
Other Components Rs347.50 Million 2.23%
Total Equity Rs15.59 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
Aotecar New Energy Technology Co Ltd
SHE:002239
 $1.40 Billion
Prosegur
MC:PSG
 $1.40 Billion
Nancal Energy-Saving Tech Co
SHG:603859
 $1.40 Billion
Loma Negra Compania Industrial Argentina SA
BA:LOMA
 $1.40 Billion
Innodata Inc
NASDAQ:INOD
 $1.40 Billion
Jiangsu Dagang Co Ltd
SHE:002077
 $1.40 Billion
CHINA EAST ED HLDGS LTD
F:ZX3
 $1.40 Billion
Danya Cebus
TA:DNYA
 $1.40 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 2024 to 2025, total equity changed from 13,672,700,000 to 15,590,400,000, a change of 1,917,700,000 (14.0%).
  • Net income of 2,524,200,000 contributed positively to equity growth.
  • Dividend payments of 593,200,000 reduced retained earnings.
  • Other comprehensive income increased equity by 639,800,000.
  • Other factors decreased equity by 653,100,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rs2.52 Billion +16.19%
Dividends Paid Rs593.20 Million -3.8%
Other Comprehensive Income Rs639.80 Million +4.1%
Other Changes Rs-653.10 Million -4.19%
Total Change Rs- 14.03%

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: 8.32x
  • 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 100.47x to 8.32x 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 Rs5465.70 x
2005-03-31 Rs68.48 Rs5465.70 x
2006-03-31 Rs85.48 Rs5465.70 x
2007-03-31 Rs105.85 Rs5465.70 x
2008-03-31 Rs134.66 Rs5465.70 x
2009-03-31 Rs166.35 Rs5465.70 x
2010-03-31 Rs190.96 Rs5465.70 x
2011-03-31 Rs229.71 Rs5465.70 x
2012-03-31 Rs279.73 Rs5465.70 x
2013-03-31 Rs278.12 Rs5465.70 x
2014-03-31 Rs270.97 Rs5465.70 x
2015-03-31 Rs129.49 Rs5465.70 x
2016-03-31 Rs160.95 Rs5465.70 x
2017-03-31 Rs181.00 Rs5465.70 x
2018-03-31 Rs224.13 Rs5465.70 x
2019-03-31 Rs243.48 Rs5465.70 x
2020-03-31 Rs206.86 Rs5465.70 x
2021-03-31 Rs249.48 Rs5465.70 x
2022-03-31 Rs367.50 Rs5465.70 x
2023-03-31 Rs497.12 Rs5465.70 x
2024-03-31 Rs576.23 Rs5465.70 x
2025-03-31 Rs657.05 Rs5465.70 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): 16.19%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.41%
  • • Asset Turnover: 1.56x
  • • Equity Multiplier: 2.35x
  • Recent ROE (16.19%) is below the historical average (23.23%), 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% 7.62% 1.92x 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

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: $6,734,166,333
  • Average return on equity (ROE) among peers: 9.60%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Blue Dart Express Limited (BLUEDART) Rs16.31 Billion 20.84% 1.34x $1.40 Billion
Accuracy Shipping Limited (ACCURACY) $1.16 Billion 7.11% 1.47x $8.29 Million
Allcargo Terminals Ltd (ATL) $2.50 Billion 17.75% 2.16x $68.78 Million
Delhivery Limited (DELHIVERY) $29.15 Billion 0.00% 0.64x $3.78 Billion
Future Supply Chain Solutions Limited (FSC) $4.80 Billion 6.34% 0.61x $279.56
Gateway Distriparks Limited (GATEWAY) $13.32 Billion 27.42% 0.75x $310.00 Million
Jet Freight Logistics Limited (JETFREIGHT) $59.46 Million 12.24% 4.96x $10.26 Million
Maheshwari Logistics Limited (MAHESHWARI) $244.26 Million 5.63% 2.86x $16.41 Million
Mahindra Logistics Limited (MAHLOG) $5.04 Billion -10.86% 3.91x $432.98 Million
Navkar Corporation Limited (NAVKARCORP) $4.34 Billion 20.76% 1.12x $163.35 Million

About Blue Dart Express Limited

NSE:BLUEDART India Integrated Freight & Logistics
Market Cap
$1.40 Billion
Rs129.69 Billion INR
Market Cap Rank
#7652 Global
#357 in India
Share Price
Rs5465.70
Change (1 day)
-0.18%
52-Week Range
Rs4747.00 - Rs7187.00
All Time High
Rs9303.36
Categories
Companies in India Integrated Freight & Logistics
About

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