DELHIVERY LIMITED vs BLUE DART EXPRESS LTD

DELHIVERY and BLUEDART, both in Air Freight/Couriers. Monthly data through 2026-10-09. Change the comparison →

Price, rebased to 100

Share price change since May '22, the first month all 2 have a price: DELHIVERY -24%, BLUEDART -39%.

477196120May '22Apr '23Mar '24Feb '25Jan '26Oct '26477196120May '22Nov '23May '25Oct '26

Rebased at 2022-05. Monthly closes from each company's history.

ROCE

-14.0%6.7%27.3%48.0%Jan '19Aug '20Mar '22Oct '23May '25Oct '26-14.0%6.7%27.3%48.0%Jan '19Aug '21Mar '24Oct '26
DELHIVERY LIMITED (DELHIVERY)BLUE DART EXPRESS LTD (BLUEDART)

Months with a missing value are left as gaps.

Where the return came from

The share price return over 3 years, split into net profit growth, share count change and the change in P/E.

BLUEDART Net profit growth: -22 pts-22 ptsShare count change: -0 ptsP/E change: -8 pts-8 pts -31%
Net profit growthShare count changeP/E changeUnexplained

BLUEDART: share price fell 31% over 3 years: −22 pts from net profit growth, −8 pts from the P/E change.

Not shown for DELHIVERY: earnings were negative at one end of the window or there is not enough history.

Segments are percentage points of the price return: price = P/E × net profit ÷ share count. These are the same numbers each company's own page shows.

Rank within sector, month by month

Each cell is the company's percentile rank among its own sector peers that month. Darker is higher-ranked. Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

DELHIVERY LIMITED (DELHIVERY) · Transportation

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

BLUE DART EXPRESS LTD (BLUEDART) · Transportation

ROCE
Op. margin
Revenue growth
EPS growth
Debt/equity ↓
Cash cycle ↓
P/E ↓
12M momentum
Nov '212023202420252026Oct '26
Lower rank Higher rank

Percentiles use today's listed companies in the sector and need at least 5 peers with a value.

Latest snapshot

MetricDELHIVERYBLUEDART
Share Price₹400.50₹4560.40
Market Cap₹29935 cr₹10843 cr
P/E102.2x38.7x
P/B3.0x5.9x
P/S2.9x1.7x
ROCE3.0%17.0%
ROE2.9%15.3%
Operating margin6.0%10.0%
Revenue (TTM), indexed to 100₹10417 cr₹6356 cr
Net Profit (TTM)₹293 cr₹280 cr
Debt / Equity0.1x0.3x
Cash Conversion Cycle46d54d
Promoter holding—75.0%
FII Holding41.9%3.4%
DII Holding43.1%14.5%
12M momentum-14.1%-30.6%
Drawdown from Peak-36.9%-48.5%
Cash conversion (3Y)5.0x1.7x
Interest cover3.1x8.8x
Share Count Change (1Y)0.0%0.0%
Volatility (1Y)30.9%29.2%

Latest month in the data: 2026-10. Highlight marks the higher value, or the lower value for P/E, P/B, P/S, debt, working-capital days, share count change and volatility. It marks a number, not a better investment.

Comparison is descriptive and historical. Highlights mark the higher or lower value on a metric, not a better investment. Not investment advice; ApnaFunda is not a SEBI-registered research analyst.