Blue Dart Express is an Indian logistics company headquartered in Mumbai that provides domestic and international courier delivery services. It has over 11,000 vehicles and 6 cargo planes. Blue Dart began in 1983 with 3 founders and Rs. 30,000 in capital. It has grown significantly and was acquired by DHL in 2004, becoming a subsidiary of the large logistics company. Blue Dart aims to provide fast, reliable delivery services to over 35,000 locations in India and 220 countries worldwide.
Blue Dart Express is an Indian logistics company headquartered in Mumbai that provides domestic and international courier delivery services. It has over 11,000 vehicles and 6 cargo planes. Blue Dart began in 1983 with 3 founders and Rs. 30,000 in capital. It has grown significantly and was acquired by DHL in 2004, becoming a subsidiary of the large logistics company. Blue Dart aims to provide fast, reliable delivery services to over 35,000 locations in India and 220 countries worldwide.
Blue Dart Express is an Indian logistics company headquartered in Mumbai that provides domestic and international courier delivery services. It has over 11,000 vehicles and 6 cargo planes. Blue Dart began in 1983 with 3 founders and Rs. 30,000 in capital. It has grown significantly and was acquired by DHL in 2004, becoming a subsidiary of the large logistics company. Blue Dart aims to provide fast, reliable delivery services to over 35,000 locations in India and 220 countries worldwide.
Submitted By: Riya Goyal Bbl402 2003663 Introduction
Blue Dart express is an indian logistics company
that provides courier delivery services.It is headquartered in mumbai, maharashtra. It has a subsidiary cargo airline Blue Dart Aviation limited. that operates in south asian countries. It delivers with speedy execution. Millions of delighted customers for Blue Dart are created every year. It serves its courier in 220 countries. In India, Blue Dart serves its courier for more than 35000 locations. It has 6 cargo planes and more than 11000 ground transport vehicles. In the year 2019, it did more than 20000 crore shipments. It also has another subsidiary Conquer logistics aviation limited. It is a master in air express couriers. It does not have a strong presence in ground transport. History
It started with approximately Rs 30000. The
today’s market capitalization is 5800 crores. It started in November 1983. 3 persons started this company i.e. Tushar Jani, Clyde Cooper, Khushroo Dubash. With just Rs 30000 in a small office of mumbai. From the initial date, the company provided domestic and international courier services. In the first year, the company took 2 big risks. The company came with its IPO in the first year. When the company was earning only 3 crore, it purchased a cargo plane worth 30 crore. It was India’s first company to have its own cargo planes. Blue Dart gave its international shipments to DHL in 2002. DHL was a very big logistics company of that time. In 2004, DHL acquired 81% equity shares in Blue Dart. As of today's time, DHL has 75% shares in Blue Dart. Blue Dart is a complete subsidiary of DHL. About
Chairman of Blue Dart is Sharad Prasad Upasni
and MD of Blue Dart is Palfor Mal. He has spent 35 years in Blue Dart. The company is increasing its expenditure on ground transport which is leading it to debt. As of today's date, the company’s ROE is 14%, debt equity is 0.86%, PE is 63.5. The company does not have much growth in its revenue. The borrowings are increasing but it has a good leadership. It has very good future prospects. As per 5 May 2022, the share price of Blue Dart is Rs 6845. Features
The company has a strong infrastructure.
It delivers packets of well reputed brands. It provides worldwide service. It provides a very good commission to its franchise partners as compared to other companies. It provides cheap and fastest delivery. It gives customer support for 24*7. It provides 3 type of franchise: State level, City level, Rural level Working
The moment a customer places an order on their
favorite etail portal, the Blue Dart machinery gets into action to deliver a world class service. The customer expects on time safe intact delivery and end-to-end real time tracking visibility for his/her shipment and also desires various payment options. Blue Dart works with all major e-tailor in Blue Dart country through its own e-tailors dedicated e- fulfilment centers or their various vendors across the country. Blue Dart picks up and delivers through challenging complemeties with ease everyday. The shipment after its first mile across the country is reached at the destination service center. The Blue Dart extraordinarily passionate couriers with their high tech hand held gadgets loaded with GPS, payment options and real time connectivity move to consumer homes to complete the last mile process of delivering shipment and collecting cash. Shipments are also collected against credit card payments. A robust reverse logistics process allows customers to return their shipment. The cash collected is returned to the service center. It marks its e-commerce in Amazon, Flipkart, Paytm, Ebay, Shopclues, Abbott, Lenovo, Dell, HCL, ICICI bank, Tata Motors Etc.
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