Blue Dart Express (NSE:BLUEDART) Gross Margin %: 15.17% (As of Mar. 2026) — 20% Below Median


NSE:BLUEDART Blue Dart Express Ltd NSE:BLUEDART
88 GF Score
Price ₹4,851.90
GF Value ₹7,553.95
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Blue Dart Express Gross Margin %?

Blue Dart Express NSE:BLUEDART -0.95% 88 Gross Margin % is 15.17% as of Mar. 2026, which is 20% below its 10-year median of 18.88. GuruFocus rates NSE:BLUEDART with a GF Score™ of 88/100 and a GF Value™ of ₹7,553.95 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 979 Transportation companies, Blue Dart Express ranks worse than 60.98% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Blue Dart Express's Gross Profit for the three months ended in Mar. 2026 was ₹2,326 Mil. Blue Dart Express's Revenue for the three months ended in Mar. 2026 was ₹15,335 Mil. Therefore, Blue Dart Express's Gross Margin % for the quarter that ended in Mar. 2026 was 15.17%.

Warning Sign:

Blue Dart Express Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.9%.


The historical rank and industry rank for Blue Dart Express's Gross Margin % or its related term are showing as below:

NSE:BLUEDART' s Gross Margin % Range Over the Past 10 Years
Min: 15.28   Med: 18.88   Max: 23.31
Current: 16.19


During the past 13 years, the highest Gross Margin % of Blue Dart Express was 23.31%. The lowest was 15.28%. And the median was 18.88%.

NSE:BLUEDART's Gross Margin % is ranked worse than
60.98% of 979 companies
in the Transportation industry
Industry Median: 20.38 vs NSE:BLUEDART: 16.19

Blue Dart Express had a gross margin of 15.17% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Blue Dart Express was -4.90% per year.


Blue Dart Express  (NSE:BLUEDART) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Blue Dart Express had a gross margin of 15.17% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Blue Dart Express Gross Margin % Related Terms


Blue Dart Express Gross Margin % Historical Data

* Premium members only.

The historical data trend for Blue Dart Express's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blue Dart Express Gross Margin % Chart

Blue Dart Express Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.14 19.54 18.23 15.99 16.18

Blue Dart Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.75 15.52 17.30 16.68 15.17

NSE:BLUEDART vs UPS, FDX, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Blue Dart Express's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blue Dart Express Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Blue Dart Express's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Blue Dart Express's Gross Margin % falls into.


NSE:BLUEDART
88GF Score
Blue Dart Express Ltd NSE:BLUEDART
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blue Dart Express Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Blue Dart Express's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=9938.9 / 61408.8
=(Revenue - Cost of Goods Sold) / Revenue
=(61408.8 - 51469.9) / 61408.8
=16.18 %

Blue Dart Express's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2326.1 / 15334.7
=(Revenue - Cost of Goods Sold) / Revenue
=(15334.7 - 13008.6) / 15334.7
=15.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 15.17% mean?
Blue Dart Express (NSE:BLUEDART) has a Gross Margin % of 15.17% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Blue Dart Express and its competitors. This is 20% below median its historical median of 18.88. Over the past decade, Blue Dart Express' Gross Margin % has ranged from 15.28 to 23.31. According to the industry distribution chart, Blue Dart Express ranks #597 out of 979 companies in the Transportation industry, placing it in the top 61%.
Is Blue Dart Express' Gross Margin % too high?
Blue Dart Express' current Gross Margin % of 15.17% is 20% below median its 10-year median of 18.88. Over the past 10 years, this metric has ranged from a low of 15.28 to a high of 23.31. The Transportation industry median Gross Margin % is 20.38. Blue Dart Express' value of 15.17% is 25.6% below this industry median. Based on the distribution chart, Blue Dart Express ranks #597 out of 979 companies in the Transportation industry, which is below the industry midpoint. Overall, Blue Dart Express has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Dart Express' Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, Blue Dart Express ranks #597 out of 979 companies for Gross Margin %. This places Blue Dart Express in the lower half of its industry. The industry median Gross Margin % is 20.38. Blue Dart Express' value of 15.17% is 25.6% below this benchmark. Historically, Blue Dart Express' own Gross Margin % has ranged from 15.28 to 23.31 over the past decade. While the company's 10-year median is 18.88 vs. the industry median of 20.38, Blue Dart Express has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.38, based on 979 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Dart Express's current Gross Margin % of 15.17% is 25.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Blue Dart Express and its competitors. For the Transportation industry, the median Gross Margin % is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Dart Express's current Gross Margin % is 15.17%, which is 20% below median its own 10-year median of 18.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Dart Express stock overvalued right now?
Based on GuruFocus' analysis, Blue Dart Express (NSE:BLUEDART) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7,553.95, compared to a current price of ₹4,851.90 — trading 35.8% below its estimated fair value. The current Gross Margin % is 15.17%, which is 20% below median its 10-year median of 18.88 and 25.6% below the Transportation industry median of 20.38. Blue Dart Express' overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Blue Dart Express (NSE:BLUEDART), the current Gross Margin % is 15.17% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blue Dart Express (NSE:BLUEDART) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Dart Express stock appears to be undervalued. The current stock price of ₹4,851.90 is trading 35.8% below its estimated GF Value™ of ₹7,553.95. GuruFocus considers Blue Dart Express to be Significantly Undervalued.

Key valuation signals for NSE:BLUEDART:

  • Gross Margin %: 15.17% (20% below median its 10-year median of 18.88)
  • GF Value™: ₹7,553.95 vs. price of ₹4,851.90 (35.8% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 25.6% below the Transportation median (#597 of 979)

No single metric tells the full story. See the NSE:BLUEDART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blue Dart Express Business Description

Other Exchanges 526612:India
Address Sahar Airport Road, Blue Dart Centre, Andheri (East), Mumbai, MH, IND, 400 099
Blue Dart Express Ltd is a courier and package delivery company which focuses on express delivery using air and ground transportation in India. The company is headquartered in India, and generates all revenue domestically. Blue Dart Express operates through a single segment, and provides integrated air and ground transportation to distribute packages to various destinations within India. The company also operates and maintains aircraft for the purpose of package delivery.
88GF Score

Get the complete analysis for NSE:BLUEDART

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4,851.90
Price
₹7,553.95
GF Value