Blue Dart Express Limited has informed the Exchange about Transcript
BLUEDART · price
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Awaiting price reaction for this filing.
Blue Dart reported Q3 FY26 revenue of ₹1,616.1 crore (up ~7% YoY) and profit after tax of ₹70 crore, with resilient domestic demand led by Tier 2/3 markets and SME shipments. E-commerce continued to drive growth, contributing ~30-31% of revenue, with e-com light surface growing ~26% in volumes and ground surface growing ~22%. The company operationalized its flagship green integrated hub at Pataudi, Haryana, boosting linehaul connectivity in North India. Total tonnage stood at 374,884 tons and shipments at 107.4 million for the quarter. A January price hike of 9-12% is being progressively passed through, and capex is expected to remain in the ₹100-150 crore range. CFO Sagar Patil indicated that 12-13% margins (last seen post-COVID) are achievable in the medium-to-long term as the company works on further margin improvement.
Positive tone on margin recovery and growth momentum, with the CFO explicitly hinting at a return to 12-13% margin levels. However, management avoided giving hard forward guidance on volumes, revenue growth, or product-wise numbers, which may keep the stock range-bound until more concrete quarterly delivery. Shareholders can expect steady margin improvement, ongoing capex on network expansion, and gradual realization of the recent price hike.