Blue Dart Express Limited · NSE:BLUEDART
Blue Dart Express — Investor Presentation (February 2023)
29 slides from Blue Dart Express's investor presentation, Feb 1, 2023
Slide 1: Exchange filing cover letter
February 01, 2023 To, To, BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Bandra Kurla Complex, Bandra East, Mumbai – 400 001 Mumbai – 400 051 Scrip Code - 526612 NSE Symbol - BLUEDART Dear Sir/ Madam, Please find attached perfor
Slide 2: Blue Dart Express Limited Investor Presentation February 2023
Blue Dart Express Limited Investor Presentation February 2023
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Blue Dart Express Ltd. (Blue Dart or the “Company”) solely for your information and for your use and may not be taken away, distributed, reproduced, or redistributed or passed on, directly or indirectly, to any other person (whether within or outside
Slide 4: Vision Statement
Vision Statement To be the best and set the pace in the express air and integrated transportation and distribution industry, with a business and human conscience. We commit to develop, reward and recognize our people who, through high quality and professional service, and use of sophisticated techno
Slide 5: Blue Dart Directors & Key Managerial Personnel
Blue Dart Directors & Key Managerial Personnel Tulsi Mirchandaney Florian Bumberger Sebastian Paeßens Director Director Director Former Chief Secretary, Independent Director MD, Blue Dart Aviation Ltd. CHRO,DHL eCommerce Solutions, CFO, DHL eCommerce Government of Maharashtra Former fighter pilot an
Slide 6: Blue Dart Investment Case Summary
Blue Dart Investment Case Summary Sustainable growth momentum, Market leader in India Express unique position for B2B express & Parcels Delivery & eCommerce Clear strategic direction, Enhancing Shareholders Wealth investing for growth Blue Dart Express | Investor Presentation | Page 5
Slide 7: Knowing Blue Dart - Introduction
Knowing Blue Dart - Introduction People Blue Dart Focus: Asset light Aviation featured in model - Ltd and ‘Great Place (Three Concorde To Work’ for Aircrafts are Air Twelve on lease, Logistics consecutive Three eCommerce Maiden Ltd. are years & one owned by services public wholly of the Best BDA), w
Slide 8: Blue Dart at a glance
Blue Dart at a glance A 1 Unparalleled Integrated Air and Ground Network C 2 Dominant market leadership B2B Air Express B 3 Strong foundation for growth in eCommerce 4 Provider of Choice Key A Capability B C FY2021-22 Subsidiaries 5 Employer of Choice • 55,400+ Locations • Blue Dart Aviation • Sales
Slide 9: Blue Dart's leadership in India
Blue Dart’s leadership in India Blue Dart is a premium market leader in India 1 Own Aviation Network 2 Market Leading Transit Times 3 Reliability & High Service Quality 4 Extensive Reach & Network 5 Best – In – Class Technology Key Differentiators 6 Strong Brand Equity & Saliency 7 Responsiveness to
Slide 10: Blue Dart's leadership in India (contd..)
Blue Dart’s leadership in India (contd..) All investments made in light of customer requirements • Investments in building a robust infrastructure to meet increasing demands of a growing economy • Blue Dart invests in engaging and retaining the best talent • Domestic Expertise at globally benchmarke
Slide 11: Integrated Air and Ground pan-India network
Integrated Air and Ground pan-India network First mover in India Domestic Express We provide clear Customer Value Proposition v/s our competitors • Extensive reach Optimized flight scheduling facilitating late pick-ups and early deliveries • Market leading transit times 2,300+ Facilities Superior co
Slide 12: Blue Dart Investment Case Summary
Blue Dart Investment Case Summary Sustainable growth momentum, Market leader in India Express & unique position for B2B express Parcels Delivery & eCommerce Clear strategic direction, Enhancing Shareholders Wealth investing for growth Blue Dart Express | Investor Presentation | Page 11
Slide 13: Maintains B2B market leadership
Maintains B2B market leadership Blue Dart has a market leading position and has identified key levers to protect and grow the market share further on B2B Air & Ground. •1000+ tier II & Tier III towns identified for growth opportunity. Emerging Markets •Revenue Contribution to All India over LY incre
Slide 14: Clear market leadership in Organized Air Express
Clear market leadership in Organized Air Express Organized Air Express 54% Blue Dart leads the 45% Market Position CAGR Market @ 2.1% Blue Dart @ 5.3% FY15 FY21 Blue Dart Market Share Blue Dart has been increasing its market share in Organized Air Express Note: Market Share is by Revenue, includes D
Slide 15: Growth foundation for eCommerce
Growth foundation for eCommerce Enhanced ground product: Dart Plus & Speed Trucking Competitive pricing & transit time 55,400+ Locations, NSL @ 95.5% Extended reach, service quality Blue Dart Blue Line (real time visibility) eCommerce Real-time tracking & updates eCommerce Customer Product Requireme
Slide 16: Blue Dart Investment Case Summary
Blue Dart Investment Case Summary Sustainable growth momentum, Market leader in India Express & unique position for B2B express Parcels Delivery & eCommerce Clear strategic direction, Enhancing Shareholders Wealth investing for growth Blue Dart Express | Investor Presentation | Page 15
Slide 17: Structural market trends
Structural market trends India remains resilient Regulations liberalization Acceleration of Accelerating impact of amid the global economic and simplification eCommerce and more process technology and storm demand for last-mile automation • Indian economy is expected • Gati Shakti Master Plan: To so
Slide 18: Digital interface: enabling better customer experience
Digital interface: enabling better customer experience Tracking of Couriers real time Pioneered ‘Contact Less Deliveries’ Digital ‘sorry cards’ Digital billing and collections Customer interface API’s Digital Vendors billing and payment digitally interface Automated dimension captures for Customer D
Slide 19: Corporate Business Strategy
Corporate Business Strategy With increasing urbanization, focus on centres of production which will change post pandemic as the new growth areas. Medium Focus on FMCG, Automotive, Consumer Durables and Ready Made Garments for accelerated Term surface growth. Initiatives Increase pin code cover
Slide 20: Corporate Business Strategy
Corporate Business Strategy Long Term Achieve and maintain leadership status and pole position in both Air and Ground express Strategies segments Air fleet enhancement Leverage improved infrastructure including Freight Corridors/Logistics Parks Continuously improve quality of operations for
Slide 21: Blue Dart Investment Case Summary
Blue Dart Investment Case Summary Sustainable growth momentum, Market leader in India Express & unique position for B2B express Parcels Delivery & eCommerce Clear strategic direction, Enhancing Shareholders Wealth investing for growth Blue Dart Express | Investor Presentation | Page 20
Slide 22: Financial Track Record
Financial Track Record Value Creation • High returns to shareholders and Debt free structure Dividend Paid • Total dividend (Interim & Final) of Rs. 60/- per share paid to Shareholders for the F.Y.2021-22 • Dividend of Rs. 15/- per share has been paid for the F.Y. 2020-21. Consistent track record of
Slide 23: Shareholding pattern : December 31, 2022
Shareholding pattern : December 31, 2022 5.1% Major Bodies Corporates Derive Trading & Group 2.2% 3.8% 8.4% Major Mutual Funds 4.4% Kotak Mutual Fund 1.3% 3.3% HSBC 1.0% Canara Robeco 0.7% 75.0% 75.0% Major FPI First Sentier Investors 0.9% Government 0.6% Stitching Depository APG 0.4% Major Insuranc
Slide 24: Consistent profitable growth track record
Consistent profitable growth track record Consistent revenue growth Net Income ₹ in Mn EBITDA 44,375 31,837 31,804 32,924 28,134 Revenue and Profitability 3,634 6,963 2,824 1,917 1,378 2017/18 2018/19 2019/20 2020/21 2021/22 EBDITA margin 10.0% 6.0% 4.3% 11.0% 15.7% 5827 5309 OCF 4488 4229 Capex FCF
Slide 25: Quarter-wise performance (Standalone)
Quarter-wise performance (Standalone) ₹ in Mn Particulars 2021-22 2022-23 Q1 Q2 Q3 9M Q4 Year Q1 Q2 Q3 9M (Apr-Jun) (Jul-Sep) (Oct-Dec) (Apr-Dec) (Jan-Mar) (Apr-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Apr-Dec) Revenue from 8,648 11,236 12,548 32,431 11,659 44,090 12,933 13,253 13,371 39,557 operations E
Slide 26: Consolidated Quarter-wise performance
Consolidated Quarter-wise performance ₹ in Mn Particulars 2021-22 2022-23 Q1 Q2 Q3 9M Q4 Year Q1 Q2 Q3 9M (Apr-Jun) (Jul-Sep) (Oct-Dec) (Apr-Dec) (Jan-Mar) (Apr-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Apr-Dec) Revenue from 8,662 11,236 12,548 32,446 11,659 44,105 12,933 13,253 13,371 39,557 operations E
Slide 27: Way Forward: Opportunities Galore
Way Forward: Opportunities Galore Government focus on multi-modal Dedicated Corridor – Road connectivity to boost logistics sector Benefits from GST- better AatmaNirbhar Bharat, compliances, Make in India thrust centralization of distribution Drone deliveries Multiple/Expansion of Airports Governmen
Slide 28: Wrap-up
Wrap-up Leadership in Air & Ground Express Blue Dart is in a strong position – strategically and financially Strong focus on Profitable Growth, cash flow and balance sheet allows healthy balance of growth investments and shareholder returns Blue Dart Express | Investor Presentation | Page 27
Slide 29: Thank You
Thank You Blue Dart Express | Investor Presentation | Page 28
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