Blue Dart Express (NSE:BLUEDART) Operating Margin %: 5.36% (As of Mar. 2026) — 34% Below Median


NSE:BLUEDART Blue Dart Express Ltd NSE:BLUEDART
88 GF Score
Price ₹4,982.30
GF Value ₹7,574.11
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Blue Dart Express Operating Margin %?

Blue Dart Express NSE:BLUEDART -0.33% 88 Operating Margin % is 5.36% as of Mar. 2026, which is 34% below its 10-year median of 8.14. GuruFocus rates NSE:BLUEDART with a GF Score™ of 88/100 and a GF Value™ of ₹7,574.11 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,007 Transportation companies, Blue Dart Express ranks worse than 52.73% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Blue Dart Express's Operating Income for the three months ended in Mar. 2026 was ₹822 Mil. Blue Dart Express's Revenue for the three months ended in Mar. 2026 was ₹15,335 Mil. Therefore, Blue Dart Express's Operating Margin % for the quarter that ended in Mar. 2026 was 5.36%.

Warning Sign:

Blue Dart Express Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -9.3%.

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

NSE:BLUEDART' s Operating Margin % Range Over the Past 10 Years
Min: 4.75   Med: 8.14   Max: 13.88
Current: 6.75


NSE:BLUEDART's Operating Margin % is ranked worse than
52.73% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs NSE:BLUEDART: 6.75

Blue Dart Express's 5-Year Average Operating Margin % Growth Rate was -9.30% per year.

Blue Dart Express's Operating Income for the three months ended in Mar. 2026 was ₹822 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹4,145 Mil.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Blue Dart Express Operating Margin % Related Terms


Blue Dart Express Operating Margin % Historical Data

* Premium members only.

The historical data trend for Blue Dart Express's Operating 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 Operating Margin % Chart

Blue Dart Express Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.88 11.10 8.14 6.78 6.75

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
Operating 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 6.27 5.18 7.84 8.43 5.36

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

For the Integrated Freight & Logistics subindustry, Blue Dart Express's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Transportation Industry

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

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


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

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=4145 / 61408.8
=6.75 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=822.2 / 15334.7
=5.36 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 5.36% mean?
Blue Dart Express (NSE:BLUEDART) has a Operating Margin % of 5.36% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Blue Dart Express and its competitors. This is 34% below median its historical median of 8.14. Over the past decade, Blue Dart Express' Operating Margin % has ranged from 4.75 to 13.88. According to the industry distribution chart, Blue Dart Express ranks #531 out of 1007 companies in the Transportation industry, placing it in the top 52.7%.
Is Blue Dart Express' Operating Margin % too high?
Blue Dart Express' current Operating Margin % of 5.36% is 34% below median its 10-year median of 8.14. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 13.88. The Transportation industry median Operating Margin % is 7.36. Blue Dart Express' value of 5.36% is 27.2% below this industry median. Based on the distribution chart, Blue Dart Express ranks #531 out of 1007 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' Operating Margin % compare to FDX and UPS?
According to the Transportation industry distribution chart, Blue Dart Express ranks #531 out of 1007 companies for Operating Margin %. This places Blue Dart Express in the lower half of its industry. The industry median Operating Margin % is 7.36. Blue Dart Express' value of 5.36% is 27.2% below this benchmark. Historically, Blue Dart Express' own Operating Margin % has ranged from 4.75 to 13.88 over the past decade. While the company's 10-year median is 8.14 vs. the industry median of 7.36, 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 Operating Margin % for a Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Dart Express's current Operating Margin % of 5.36% is 27.2% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Blue Dart Express and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Dart Express's current Operating Margin % is 5.36%, which is 34% below median its own 10-year median of 8.14. 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 ₹7,574.11, compared to a current price of ₹4,982.30 — trading 34.2% below its estimated fair value. The current Operating Margin % is 5.36%, which is 34% below median its 10-year median of 8.14 and 27.2% below the Transportation industry median of 7.36. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Blue Dart Express (NSE:BLUEDART), the current Operating Margin % is 5.36% 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 ₹4,982.30 is trading 34.2% below its estimated GF Value™ of ₹7,574.11. GuruFocus considers Blue Dart Express to be Significantly Undervalued.

Key valuation signals for NSE:BLUEDART:

  • Operating Margin %: 5.36% (34% below median its 10-year median of 8.14)
  • GF Value™: ₹7,574.11 vs. price of ₹4,982.30 (34.2% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 27.2% below the Transportation median (#531 of 1007)

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

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

₹4,982.30
Price
₹7,574.11
GF Value