Blue Dart Express Limited has uploaded its investor presentation for January 2026 on the company website, providing shareholders and the public with detailed information about its business operations and financial performance. The company formally notified both BSE Limited and National Stock Exchange of India Limited about the presentation upload on February 3, 2026.

Financial Performance Overview

The presentation reveals Blue Dart's strong financial performance for FY2024-25, demonstrating the company's market leadership position in India's express delivery sector.

Quarterly Performance Analysis

The company's quarterly performance for 2024-25 and the first nine months of 2025-26 shows consistent operational strength across key metrics.

Operational Infrastructure and Capabilities

Blue Dart maintains extensive operational infrastructure that supports its market leadership position. The company operates a comprehensive network covering over 56,400 locations across India with more than 12,814 employees. The aviation fleet consists of 6 Boeing 757-200 and 2 Boeing 737-800 aircraft, complemented by over 33,000 vehicles including 600+ e-vehicles for ground operations.

The presentation emphasizes Blue Dart's integrated air and ground network as a key competitive differentiator, enabling optimized flight scheduling for late pick-ups and early deliveries while maintaining superior service reliability.

Strategic Focus Areas

The company has identified several strategic focus areas to maintain and grow its market leadership position:

• Product Focus: Surface vertical-based solutions and strengthening eCommerce surface small packages
• Vertical Focus: Dedicated task forces for major industry sectors with selective penetration strategies
• SME Focus: Increasing customer count and business from small and medium enterprises
• Service Quality: Transit time improvements across important origin-destination pairs

Dividend Distribution and Shareholding

Blue Dart has maintained consistent dividend payments to shareholders, with ₹25 per share paid for both FY2024-25 and FY2023-24. The shareholding pattern as of December 30, 2025, shows DHL holding 75.0% of shares, while mutual funds, foreign investors, insurance companies, and other categories hold the remaining 25.0%.

The investor presentation confirms that no forward-looking financial statements were included in the document, maintaining compliance with regulatory requirements. The comprehensive presentation serves as a valuable resource for shareholders to understand Blue Dart's operational performance, strategic direction, and market position in India's express delivery industry.

Blue Dart Express Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, demonstrating strong operational performance with significant EBITDA growth despite facing regulatory challenges. The logistics major reported revenue from operations of ₹1,616.16 crore for the quarter, marking a 6.9% year-on-year increase from ₹1,511.69 crore in Q3FY25.

Strong EBITDA Performance

The company delivered impressive profitability metrics with EBITDA reaching ₹190 crore in Q3FY26, representing a substantial 30.1% year-on-year growth from ₹146 crore in the corresponding quarter of the previous year. More notably, the EBITDA margin expanded significantly to 11.76% from 9.70% in Q3FY25, demonstrating improved operational efficiency and cost management.

Financial Performance Overview

The company's quarterly performance reflected resilient domestic demand supported by contributions from Tier 2 and Tier 3 markets and steady SME shipment activity. Net profit for Q3FY26 stood at ₹70.04 crore compared to ₹79.12 crore in the corresponding quarter of the previous year, primarily impacted by exceptional regulatory items.

Impact of Labour Code Implementation

A significant factor affecting the quarter's profitability was the implementation of new Labour Codes notified by the government on November 21, 2025. The company recognized exceptional items worth ₹44.23 crore, comprising increased employee benefits expenses of ₹21.86 crore and higher freight, handling and servicing costs of ₹22.37 crore arising from these regulatory changes.

The Labour Codes include the Code on Social Security 2020, Occupational Safety, Health and Working Conditions Code 2020, Industrial Relations Code 2020, and Code on Wages 2019. Blue Dart Express evaluated the financial impact based on its best judgment following the publication of draft Central Rules and FAQs by the Ministry of Labour & Employment.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Blue Dart Express demonstrated consistent growth momentum with revenue from operations reaching ₹4,607.41 crore, representing a 7.1% increase from ₹4,302.86 crore in the corresponding period of the previous year.

Operational Developments

During the quarter, Blue Dart Express continued its strategic investments in operational capabilities and infrastructure. The company operationalized its Flagship Green Integrated Ground Hub at Pataudi, Haryana, enhancing line-haul connectivity, network efficiency, and service reliability across North India. Additionally, the launch of the Digital Account Opening (DAO) platform streamlined customer onboarding processes, particularly benefiting SMEs by enabling faster, paperless access to express logistics services.

Management Commentary

Commenting on the performance, Managing Director Balfour Manuel stated that the Q3 results reflect resilient domestic demand with meaningful contributions from Tier 2 and Tier 3 markets. He emphasized the company's focus on execution discipline across the network and highlighted the positive outlook for the logistics sector in 2026, supported by supply-chain formalization, sustained consumption momentum, and infrastructure development.