top of page

Values in Rs. in  Crores

Blue Dart Sep 23 Revenue as compared to Sep,22 Nearly Maintains by 0.1% to Rs.1324 Crore and Year on Year Profit turndowns by 22.0% to Rs.73 Crore. Quarter to Quarter Revenue Surge by 7.0% and Q to Q Profit increases sharply by 19.2%

00:00 / 03:44
download (4).png

Revenue Analysis:

Blue Dart, has reported a revenue of Rs. 1324 Crore, which has nearly remains regular by 7.0% as compared to previous quarter revenue of Rs. 1238 Crore. As compared to revenue of September-22, there is a nearly stays similar by -0.1% from Rs. 1325 Crore. to Rs. 1324 Crore.


Market Expectations V/s Actual

The Market Estimate of the Revenue was Rs.1372 Crore . Company's reported Revenue of Rs. 1324 is fairly in line with expectations.


Quarterly Profit

Quarterly Profit has lessen by 22.0% to Rs.73 Crore from Rs. 94 Crore, when compared with year ago quarter results. In comparison with preceding quarter of June, 2023 , quarter profit has flies by 19.2% to Rs.73 Crore from Rs. 61 Crore. Net Profit % of the Company has remained at 5.5% compared to 5.0% in previous quarter and 7.1% in year ago quarter.


EBITDA and Cost Analysis

On analysis, it is observed that this Quarter's EBITDA (Operating Profit) Margin has nearly remains regular to 16.8% from 15.4% as compared with June, 2023 quarter. The reason for the nearly maintains same of EBITDA Margin is due to,

a) Cost of Sales has dwindle to 57.1% (Previous Quarter: 58.2%). Cost of Sales in absolute terms has grown from Rs. 720 Crore to 757 Crore.

b) Employee Cost has nearly remains regular to 17.3% (Previous Quarter: 17.5%). Employee Cost in exact value has increases from Rs. 217 Crore to 230 Crore.

c) Other Expenses has slip to 8.7% (Previous Quarter: 8.9%). Other Expenses zooms from Rs. 110 Crore to 115 Crore.


The finance cost has nearly remains regular from Rs. 19.49 Crore to 19.54 Crore by 0.3%.


Key Matrix:

Price to Earning (PE) ratio of the company is 48.13 as compared to the Industry PE of 41.86. PE is better placed which signifies that neither company is overvalue or undervalued. Companies Return on Equity (ROE) is 24.0% and Return of Capital Employed (ROCE) is 25.28%.


Share Price Movement:

The Return on Share Prices were -5.1% in past one month, -5.6% in 3 months, 6.2% in 6 months, -16.3% in 12 months, -4.6% in 24 months.


Summary:

To summarize, as compared to June'23, Revenue has surge by 7.0%. Gross Margin has zooms from 41.8% to 42.9%. EBITDA Margin has nearly remains regular to 16.8% from 15.4%. and Net Profit After Tax Margin has

flies to 5.5% from 5.0%.


The Brief of Quarterly Results is as follows:


Blue Dart Express Ltd.

Particulars (In Cr.)
Sep, 2023
Jun, 2023
Mar, 2023
Dec, 2022
Revenue
1324
1238
1217
1337
Cost of Goods Sold
757
720
703
781
Employee Cost
230
217
209
203
Other Expenses
115
110
106
125
EBITDA
223
191
199
228
Depreciation
111
99
96
100
Interest Expense
20
19
15
16
Other Income
5
10
9
9
Profit B4 Excep. Items
98
82
97
121
Exception Items
0
0
0
0
Net Profit Before Tax
98
82
97
121
Taxes
25
21
27
33
Net Profit After Tax
73
61
69
89
Gross Margin %
42.90%
41.80%
42.20%
41.60%
Employee Cost %
17.30%
17.50%
17.20%
15.20%
Other Expense Cost %
8.70%
8.90%
8.70%
9.30%
EBITDA %
16.80%
15.40%
16.40%
17.10%
Net Profit After Tax %
5.50%
5.00%
5.70%
6.60%

Reliance Sep 23 Revenue as compared to Sep,22 Nearly Maintains by 0.9% to Rs.234956 Crore and Year on Year Profit flies by 28.2% to Rs.19878 Crore. Quarter to Quarter Revenue Surge by 11.4% and Q to Q Profit grown by 8.9%

00:00 / 03:57

JUBILANT PHARMOVA Sep 23 Revenue as compared to Sep,22 Zooms by 5.1% to Rs.1680 Crore and Year on Year Profit zooms by 1162.2% to Rs.62 Crore. Quarter to Quarter Revenue Zooms by 5.9% and Q to Q Profit spikes by 935.0%

00:00 / 04:24

Cipla Sep'23 Revenue as compared to Sep'22 Zooms by 14.6% to Rs.6678 Crore and Year on Year Profit zooms by 44.8% to Rs.1155 Crore. Quarter to Quarter Revenue Balloons by 16.4% and Q to Q Profit spikes by 121.4%

00:00 / 04:07

Maruti Suzuki Sep 23 Revenue as compared to Sep,22 Jumps by 23.8% to Rs.37073 Crore and Year on Year Profit flies by 78.2% to Rs.3764 Crore. Quarter to Quarter Revenue Surge by 14.6% and Q to Q Profit increases sharply by 49.1%

00:00 / 04:10

D-Link (India) Sep 23 Revenue as compared to Sep,22 Surge by 4.9% to Rs.308 Crore and Year on Year Profit increases by 4.2% to Rs.24 Crore. Quarter to Quarter Revenue Surge by 2.8% and Q to Q Profit grown by 12.9%

00:00 / 02:59
bottom of page