Blue Dart Express Limited — Investor Meet, 18-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Blue Dart reported FY26 revenue of INR 6,141 Cr (+7%) and PAT of INR 240 Cr. Q4FY26 revenue was INR 1,533 Cr, PAT INR 43 Cr. Tonnage grew 7% for FY26. Management notes robust e-commerce and B2B Surface Express growth, driving revenue. Ground Express is a key growth engine. Price hikes implemented January 1st helped mitigate inflation. Air freight utilization is 85%. Capex of INR 360 Cr (consolidated) includes significant aircraft maintenance and ground facility upgrades, aimed at organic growth and automation. Management is focused on balancing volumes and pricing to optimize profitability amidst variable costs and market dynamics.