Blue Dart Express, India’s foremost logistics and delivery company, has been in the spotlight recently due to its impressive performance on the stock market.
As investors look towards the future, many are wondering what the Blue Dart Express share price target is for the years 2023 to 2030. With the company’s innovative services and strong financials, many are optimistic about the stock’s potential.
In this article, we’ll take a closer look at Blue Dart Express and examine whether it’s a good auto stock to buy. We’ll also discuss the recent introduction of Blue Dart’s Digital Prepaid Card and what this means for the company’s future.
Stock history of Blue Dart Express
Blue Dart’s stock history reflects its steady growth and strong performance in the logistics and courier services sector.
The Blue Dart Express stock was first listed on the Bombay Stock Exchange (BSE) in 1996, and later on the National Stock Exchange (NSE) in 2002. Since then, the stock has seen significant growth, with its price increasing steadily over the years.
In the early 2000s, Blue Dart Express experienced a period of rapid growth as India’s economy expanded and the e-commerce industry began to take off. As a result, the company’s stock price rose significantly, with several spikes in value over the years.
However, the company’s share price faced some challenges in the years following the global financial crisis in 2008. The stock saw a decline in value in 2009, but it recovered quickly and regained its momentum in the years that followed.
More recently, Blue Dart Express has continued to perform well on the stock market. In 2020, despite the challenges posed by the COVID-19 pandemic, the company’s stock price remained relatively stable.
Overall, Blue Dart Express has a strong stock history, with the company consistently performing well and adapting to changing market conditions over the years.
Latest news about Blue Dart Express
➤ Blue Dart Express (NSE:BLUEDART) has the potential to deliver significant returns.
➤ Blue Dart has introduced a Digital Prepaid Card to enable effortless online transactions.
How to buy Blue Dart Express shares?
You can buy Blue Dart Express shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of Blue Dart Express: 2023 to 2030
Share Price Target 2023 of Blue Dart Express
| When | Maximum Price | Minimum Price |
| February 2023 | ₹6,566.60 | ₹5,051.23 |
| March 2023 | ₹4,924.95 | ₹3,788.42 |
| April 2023 | ₹5,417.45 | ₹4,167.27 |
| May 2023 | ₹4,514.54 | ₹3,472.72 |
| June 2023 | ₹5,417.45 | ₹4,167.27 |
| July 2023 | ₹6,500.93 | ₹5,000.72 |
| August 2023 | ₹7,151.03 | ₹5,500.79 |
| September 2023 | ₹7,508.58 | ₹5,775.83 |
| October 2023 | ₹7,151.03 | ₹5,500.79 |
| November 2023 | ₹7,866.13 | ₹6,050.87 |
| December 2023 | ₹8,810.07 | ₹6,776.97 |
The table representing Blue Dart Express’s share price prediction for 2023 shows a mixed but generally positive outlook for the company’s stock. The maximum price for the year is predicted to be ₹8,810.07 in December, while the minimum price is expected to be ₹3,788.42 in March. This indicates a wide range of potential values for the stock over the course of the year.
However, despite the fluctuations in price, the overall trend appears to be bullish, with an expected growth percentage of around 50%. The stock is predicted to be on an uptrend for most of the year, with some dips in price during the first half of the year, before recovering and reaching new highs in the latter half of the year.
Share Price Target 2024 of Blue Dart Express
| When | Maximum Price | Minimum Price |
| January 2024 | ₹9,273.75 | ₹7,133.66 |
| February 2024 | ₹10,419.95 | ₹8,683.29 |
| March 2024 | ₹10,968.37 | ₹8,917.37 |
| April 2024 | ₹9,971.24 | ₹7,670.19 |
| May 2024 | ₹8,309.37 | ₹6,391.82 |
| June 2024 | ₹9,971.24 | ₹7,670.19 |
| July 2024 | ₹8,475.56 | ₹6,570.20 |
| August 2024 | ₹9,323.11 | ₹7,399.29 |
| September 2024 | ₹9,789.27 | ₹7,530.21 |
| October 2024 | ₹11,516.78 | ₹8,859.06 |
| November 2024 | ₹12,092.62 | ₹9,302.02 |
| December 2024 | ₹12,334.48 | ₹9,488.06 |
Looking at the share price prediction table for Blue Dart Express in 2024, we can see that the expected price range has significantly increased compared to the previous year. The maximum price is predicted to be ₹12,334.48 in December, while the minimum price is expected to be ₹6,391.82 in May. This wide range indicates that the stock may experience significant volatility throughout the year.
Despite the expected volatility, the overall trend for 2024 seems to be bullish, with an estimated growth percentage of around 60%. This suggests that investors may have the potential to reap significant returns from investing in Blue Dart Express’s stock.
Share Price Target 2025 of Blue Dart Express
| When | Maximum Price | Minimum Price |
| January 2025 | ₹12,581.17 | ₹9,677.82 |
| February 2025 | ₹13,243.33 | ₹10,187.18 |
| March 2025 | ₹13,905.50 | ₹10,696.54 |
| April 2025 | ₹12,415.62 | ₹9,550.48 |
| May 2025 | ₹11,286.93 | ₹8,682.25 |
| June 2025 | ₹12,415.62 | ₹9,550.48 |
| July 2025 | ₹11,824.40 | ₹9,095.70 |
| August 2025 | ₹12,317.09 | ₹9,474.68 |
| September 2025 | ₹12,932.94 | ₹9,948.42 |
| October 2025 | ₹13,708.92 | ₹10,545.32 |
| November 2025 | ₹14,668.54 | ₹11,283.49 |
| December 2025 | ₹14,961.91 | ₹11,509.16 |
According to the share price prediction for Blue Dart Express in 2025, the stock is expected to continue its bullish uptrend. The company’s maximum price target for January 2025 is predicted to be ₹12,581.17, while the minimum price target is expected to be ₹9,677.82.
The stock’s value is expected to rise gradually in the coming months, with the maximum price target for November 2025 predicted to be ₹14,668.54, and the minimum price target being ₹11,283.49. This indicates a growth percentage of over 25% from the beginning of the year.
Blue Dart Express Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹10,473.34 | ₹7,331.34 |
| 2027 | ₹8,902.34 | ₹6,231.64 |
| 2028 | ₹16,024.21 | ₹11,216.95 |
| 2029 | ₹32,916.21 | ₹23,041.35 |
| 2030 | ₹36,656.69 | ₹25,659.68 |
Based on the given data, Blue Dart Express’s share price is predicted to experience a fluctuation from 2026 to 2030. The maximum share price in 2026 is predicted to be ₹10,473.34, with a minimum of ₹7,331.34. In 2027, the share price is expected to be bullish, with a maximum price of ₹8,902.34 and a minimum of ₹6,231.64.
By 2028, the share price is expected to increase significantly with a maximum of ₹16,024.21 and a minimum of ₹11,216.95. In 2029, the share price is predicted to reach a new high with a maximum of ₹32,916.21 and a minimum of ₹23,041.35.
Finally, by 2030, the share price is expected to continue its upward trend with a maximum of ₹36,656.69 and a minimum of ₹25,659.68. It’s important to note that share price predictions are based on various factors and are subject to change.
Financial Condition of Blue Dart Express: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Sales | 2,799.24 | 3,174.40 | 3,175.13 | 3,288.13 | 4,410.49 |
| Expenses | 2,447.30 | 2,888.22 | 2,700.52 | 2,601.84 | 3,410.48 |
| Operating Profit | 351.94 | 286.18 | 474.61 | 686.29 | 1,000.01 |
| Other Income | 20.01 | 18.51 | -49.02 | -5.55 | -5.38 |
| Depreciation | 114.45 | 127.89 | 347.33 | 430.00 | 395.37 |
| Interest | 40.50 | 42.66 | 117.38 | 110.95 | 86.97 |
| Profit before tax | 217.00 | 134.14 | -39.12 | 139.79 | 512.29 |
| Tax | 72.29 | 44.38 | 2.74 | 37.98 | 130.08 |
| Net profit | 144.71 | 89.76 | -41.86 | 101.81 | 382.21 |
| EPS | 61.06 | 37.87 | -17.66 | 42.96 | 161.27 |
| Price to earning | 61.72 | 94.89 | -124.50 | 129.76 | 42.55 |
| Price | 3,768.75 | 3,593.85 | 2,199.05 | 5,574.35 | 6,862.25 |
| RATIOS: | |||||
| Dividend Payout | 20.52% | 33.09% | 0.00% | 35.01% | 37.30% |
| OPM | 12.57% | 9.02% | 14.95% | 20.87% | 22.67% |
Blue Dart Express has shown a consistent growth trend in terms of revenue and profit over the last five years. Its sales revenue has grown steadily from ₹2,799.24 crores in March 2018 to ₹4,410.49 crores in March 2022, representing a growth rate of over 57%.
The company’s net profit has also seen significant growth from ₹89.76 crores in March 2019 to ₹382.21 crores in March 2022, an impressive growth rate of over 325%. However, the company experienced a dip in profits in March 2020, recording a loss of ₹41.86 crores due to the pandemic-induced slowdown. Nevertheless, it quickly recovered from the setback and registered a significant profit growth in the following year.
The company’s earnings per share (EPS) also witnessed a remarkable growth trend, with a maximum of ₹161.27 in March 2022 and a minimum of -₹17.66 in March 2020.
The company’s price to earning (P/E) ratio, which measures the current stock price against the earnings per share, has been volatile over the years, ranging from a high of 129.76 in March 2021 to a low of -124.50 in March 2020.
Blue Dart Express has been consistently paying out dividends to its shareholders, with the dividend payout ratio ranging from 0% in March 2020 to 37.30% in March 2022.
The company’s operating profit margin (OPM) has also been on an upward trend, increasing from 9.02% in March 2019 to 22.67% in March 2022, indicating better cost management and operational efficiency.
Overall, Blue Dart Express has demonstrated impressive growth in revenue and profits, with a strong recovery from the pandemic-induced setback in 2020.
With its focus on expanding its services and infrastructure, the company appears well-positioned for sustained growth in the future.
Blue Dart Express share price target by Experts
Blue Dart Express share price target by ICICI Securities
ICICI Securities has given a sell rating on Blue Dart Express with an estimated price of Rs. 6768.
FAQS
Will the share price of Blue Dart Express increase in 2023?
It is anticipated that Blue Dart Express per share price will increase to ₹8,810 by the end of 2023.
Write the share price target 2025 of Blue Dart Express.
The share price target of Blue Dart Express for 2025 might be around ₹14,962. Based on these predictions, it can be said that Blue Dart Express may be a good investment option for investors looking to gain from the potential growth of the logistics and delivery sector.
Write the share price target 2030 of Blue Dart Express.
The share price of Blue Dart Express might reach around ₹36,656.69 by the end of 2030.
Should you buy Blue Dart shares?
Yes, according to our analysis, it can be said that Blue Dart Express could be a good investment opportunity for those looking to invest in the logistics and courier services sector in India.
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Conclusion
In conclusion, the financial performance of Blue Dart Express over the last five years has been relatively strong, with consistent growth in both revenue and profit. Despite facing challenges such as increased expenses and fluctuations in other income, the company has maintained a positive PAT in each fiscal year.
The projected share price targets for 2023 to 2030 show a positive outlook for the company, with expected growth in both the maximum and minimum prices over the years. However, as with any investment, it is important to conduct thorough research and analysis before making a decision to invest in Blue Dart Express.
Overall, given the company’s recent financial performance and projected growth, Blue Dart Express shares may be a promising option for investors looking for a long-term investment opportunity.
