Indices  As On 01-Apr-2021 EOD,

Trading Holiday (Good Friday)

SENSEX 50,029.83
 520.68 (1.05%)

NIFTY 14,867.35
 176.65 (1.20%)

 Menu Warning:Kindly note http://www.capitalmarket.com does not send any

mobile SMS, whatsapp or twitter messages giving any kind of stock
recommendations.
Quotes
 Portfolio Registration Portfolio Login

Blue Dart Express Ltd

BSE - 526612 NSE - BLUEDART ISIN - INE233B01017 Industry - Logistics Lookup another company 

Overview Information Financials Corporate Actions Peer Comparison Schemes

About Blue Dart Expres Management Background

A AA

Blue Dart Express Ltd is South Asia's leading integrated air express carrier and premium logistics-services provider. The
company has the most extensive domestic network covering over 35,476 locations in India. As part of the Deutsche Post
DHL Group's (DHL Express, DHL Global Forwarding & DHL Supply Chain) Post - e-commerce - Parcel (PeP) division, Blue
Dart Express accesses the largest and most comprehensive express and logistics network worldwide, covering over 220
countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding,
supply chain solutions and customs clearance. During the year ended 31 March 2018, Blue Dart handled over 1,958.86 lac
domestic shipments, 9.15 lac international shipments and over 696,961 tonnes of documents and parcels across the nation
and 220 countries worldwide.

Started as a partnership firm in 1983 under the name Blue Dart Courier Service, the company was registered as a private
limited company with the new name Blue Dart Express Pvt Ltd in 1990. The company was incorporated on April 05, 1991
and became a public limited company in 1994.

The company is the global service participant of Federal Express International, US, with exclusive rights for pick-up and
delivery services in India. Federal Express, which has an extensive service network in around220 countries, is recognized all
over the world for its innovation in the air-express business. The famous hub-and-spoke system of distribution, which is
widely followed by almost every airline in the world today, was pioneered by Federal Express. Under the agreement
between Blue Dart and Federal Express, all international shipments of Blue Dart are distributed through the Federal Express
system and Federal Express's inbound shipments to India are delivered through Blue Dart's network.

Competitive Spreads
Leveraged Trading is High Risk. Losses can Exc
Demo Account Today.

OANDA

The company launched IXF 2, a door-to-door service for heavy international cargo to the US. In the domestic sector, the
company has a number of products which includes domestic priority for the movement of domestic documents and
packages to 237 locations across the country - Dart Apex, a special multi-modal distribution service for medium and heavy
shipments; and Dart Surface line, a door-to-door express surface product. Its range of products include Voice Dart, Power
Dart, Dart Collect, Dart Apex, etc.

Blue Dart has the largest private E-mail in India. It tracks all its domestic shipments through its tracking system COSMAT
and is linked with COSMOS, the Federal Express satellite communication system for tracking international shipments. The
company has started aircraft leasing business & leased to its wholly owned subsidiary Blue Dart Aviation. It has acquired on
lease its third aircraft (Boeing737-200) for addition to its existing fleet of two Boeing Aircrafts.

In Mar. 2001, in order to provide value-added service and maintain its market share, Blue Dart Express has launched a new
web-tool MobileDart -the first wireless initiative developed and launched by a domestic express company.

The company has signed an agreement with French Express, a leading courier in South India. The agreement covers the
domestic priority and APEX (AirPackages Express) services of the company. With this the company has added over 1000
locations to its existing network in the southern region. Further it also signed an agreement with Crown Couriers, a leading
courier company in North India. With this, the company has added an additional 74 locations to its existing network in
North India.

During the year 2001, the Company upgraded India's first interactive logistics and e-Business Solutions site,
www.bluedart.com. The website gives customers, complete and valuable information on the Company's operations,
products, services and provides contact and communication capabilities for all its 13,880 locations serviced.

During 2002-03, the company has been re-certified as one amongst a handful of Indian companies to the new global ISO
9001-2000 standards for 'Design, management and operations of countrywide express transportation and distribution
services within the Indian sub-continent and to international destinations serviced through multinational express
companies'.

DHL Express (Singapore) Pte Ltd has acquired 81.03% equity stake of the company during 2004-05. Further the company
has added the fifth aircraft to carry over 42 million domestic and 500000 international shipments together weighting over
110000 tonnes across its network. Further the company has divested 60% of the equity capital of Blue Dart Aviation Ltd in
favour of Mr. Tushar Jani and Mr. Khushroo Dubash in the ratio of 30% each respectively during 2004-05. Consequent to
this divestment Blue Dart Aviation Ltd ceased to be a subsidiary of the company with effect from March 11 2005.

Skyline Air Logistics Ltd and Concorde Air Logistics Ltd became subsidiaries of the company with effect from May 7 2004.

During the nine months period from April 2005 to December 2005, the company successfully added new facilities by setting
Flash News
up regional headquarters for its North Region at Delhi and also expanded state-of-the-art
01-Apr-2021
facilities
 ( 16:23) MIDHANI of about
records 91,000
revenue Sq Ft
of Rs 810 at
crore
 in FY21  ( 16:23)

Bangalore, Ahmedabad, Delhi and Jaipur . 30 operations and service centres were also set up in Delhi, UP, Rajasthan,
SENSEX  ( 09:20) TCPL divests entire stake held in Emprical Group and Southern T 
Punjab and Chandigarh in the North, Gujarat, Maharashtra and MP in the west and Tamil Nadu and Karnataka in the South
 for increased capacity requirements. 01 April 2021 00:00 Asian Paints : 255 

In 2005, DHL Express (Singapore) Pte. Ltd. completed the acquisition of 81.03% of the equity capital of Blue Dart Express
Limited.

In 2006, Blue Dart launched its unique SMS based Mobile Tracking Service. On 1 June 2006, Blue Dart introduced the first
Boeing 757 freighter in the Indian skies with 2 of these aircraft connecting the 5 major metros of Delhi, Mumbai, Chennai,
Bangalore and Kolkata. A second flight launched from Hyderabad and Ahmedabad is the 7th airport connected to Blue
Dart's network.

During the year, the company divested 60,000 Equity Shares constituting 100% of Equity Capital of Skyline Air Logistics
Ltd, a wholly owned subsidiary of the company for a total consideration of Rs.4.42 million. Consequently, Skyline Air
Logistics ceased to be a subsidiary of the company with effect from August 10, 2006.

In 2007, Blue Dart launched its fortified Ground Express Service - Dart Surfaceline with time bound deliveries and features
like DOD (Demand Draft on Delivery), FOD (Freight on Delivery) and FOV (Freight on Value) - Insurance Arrangement.
During the year, Blue Dart added 3rd Boeing B757 freighter to its fleet.

In 2008, the first integrated Blue Dart-DHL facility was launched in Bangalore. During the year, Blue Dart added 4th Boeing
B757 freighter to its fleet.

In 2010, the company was certified to the ISO 9001-2008 standards. In 2011, Blue Dart launched Smart Truck technology
designed to provide solutions to urban logistic challenges such as traffic restrictions, density and clogging, while ensuring
environmental protection and fulfilling customer needs for on-time delivery. Blue Dart also launched GOGREEN Carbon
Neutral Service which allows customers to neutralize their carbon footprint by paying a marginal offset charge over and
above their shipping rates. Carbon emissions from customer shipments are offset by reinvesting in environmental
protection projects verified by SGS (Societe Generale de Surveillance), a United Nations independent auditor.

In 2012, Blue Dart added 5th B757-200 freighter to its fleet. During the year, DHL reduced its stake in Blue Dart Express to
75% in order to company with statutory requirements.

In 2015, the company launched its 1st eFulfillment Centre in Delhi-NCR. During the year, the company acquired additional
21% stake in Blue Dart Aviation.

In 2016, the company acquired its 6th Boeing 757-200 freighter. On 15 April 2016, Blue Dart Express announced that the
company's Board of Directors has accorded its approval to enhance company's stake into Blue Dart Aviation from present
74% to 100%. Later, on 24 November 2016, Blue Dart Express completed the acquisition of the entire remaining 26%
stake in Blue Dart Aviation, thereby making it a wholly owned subsidiary.

In August 2017, Blue Dart launched Blue Dart Rakhi Express, a unique, customized service for secure and timely delivery of
Rakhis.

On 30 October 2017, Blue Dart Express launched electric vehicles in Gurugram, another step towards operating its last mile
e-tail delivery service with clean pick-up and delivery solutions. The electric vehicles are being piloted in Gurugram and will
be subsequently inducted across Blue Dart country.

During the year 2018, the Company received repayment of Loan from its wholly owned subsidiary company, only cargo
airline, Blue Dart Aviation Limited (BDAL) of Rs 2441 Lakhs. The Company paid Rs 8,735 Lakhs as Inter-Corporate Deposit
to BDAL and the same was fully repaid as on March 31, 2018.

During the year 2018, Blue Dart Aviation Limited (BDAL) uplifted 91,471 tones on its network and also handled 38 charters.
This was possible with an unprecedented additional 170- day flights in addition to the scheduled night operations to handle
additional loads within limited resources and it significantly contributed to company's performance.

During the year 2019, the Company received repayment of Loan from its wholly owned subsidiary company, Blue Dart
Aviation Limited (BDAL) of Rs 1903 Lakhs. The Company paid Rs 17,782 Lakhs as Inter-Corporate Deposit to BDAL and the
same was fully repaid as on March 31, 2019.

During the year 2019, Blue Dart Aviation Limited (BDAL) expanded its footprint across airports in Chennai, Delhi and
Mumbai, relocating to new, state of the art, dedicated facilities constructed at these airports. These long-term, purpose-
built facilities are unique to Blue Dart's operations and help to establish much needed, critical infrastructure to secure its
operations and ensure sustainability over the long term to meet growing demand, productivity and service quality
enhancement. This subsidiary company handled 52 charters and uplifted 88,132 tonnes on its network. The 'As One' Project
initiated during the last quarter of 2017 at Hyderabad station was extended to the Kolkata and Bangalore stations. Under
the said project, the city side and airside operations of both companies and Blue Dart Aviation Limited were integrated
under a single authority and worked in tandem as a single force 'As One'.

During the year, the Company successfully redeemed Series II Debentures amounting to Rs 9,491 Lakhs in November
2018.

During the year 2019, Blue Dart carried over 2,332.71 lakhs domestic shipments and over 9.16 lakhs international
shipments both weighing more than 754,981 tonnes.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered

Capital Market Publishers India Pvt. Ltd.
corporate databases and stock market magazine in India. Today
 401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071. Capitaline corporate database cover more than 35,000 listed and
unlisted Indian companies. Latest technologies and standards are
 91-22-25229720
 91-22-25230011
 info@capitalmarket.com constantly being adopted to keep the database user-friendly,
Kindly note www.capitalmarket.com does not send any mobile SMS, whatsapp or twitter comprehensive and up-to-date.
messages
giving any kind of stock recommendations. Over the years the scope of the databases has enlarged to cover
For Capital Market Magazine queries mail to : subscription@capitalmarket.com economy, sectors, mutual funds, commodities and news. Many
innovative online and offline applications of these databases have
For Capital Market Online Products related queries mail to : financeshop@capitalmarket.com
been developed to meet various common as well as customized
For any other Capital Market Website related Queries mail to : info@capitalmarket.com requirements.
To advertise on Capital Market Websites & Capital Market Fortnightly magazine mail to :
advt@capitalmarket.com While all the leading institutional investors use Capitaline
databases, Capital Market magazine gives access to the databases
to individual investors through Corporate Scoreboard. Besides
stock market and company-related articles, the magazine’s
independent and insightful coverage includes mutual funds,
taxation, commodities and personal finance.
 The power of the database is harnessed by our fired-up reporters
to generate interesting ideas. The reader-friendly presentation of
the idea, supplemented by relevant data and information, can be
accessed online through Capita Telefolio and Telefolio Gold. These
ideas are used by individual investors as well as institutional
investors to do further research and stay ahead.

About Us Contact Us Disclaimer Privacy Policy Terms Of Use Advertise With Us Follow Us  
Careers

Copyright @ 2017 Capital Market Publishers India Pvt.Ltd All rights reserved throughout the world.

Site best viewed in Internet Explorer 10+, Google Chrome 30.0+ , Mozilla Firefox 31.0+ , Opera Designed, Developed by CMOTS Infotech (ISO 9001:2015 Certified)
22.0+