Dream folks services
They are India’s leading travel and lifestyle service aggregators company and our expanding their customer base and enhancing experiences that they offer past airport lounges. They believe by expanding the products they offer they are ready to be a luxury and future ready travel and lifestyle service aggregators. They specialise in making travel easier for the consumers through technology led services. They have over 1500 touchpoint globally. They have a diverse range of products to make sure that they have something for all their customers and are even thinking of expanding into new services like railway stations and highways and visa application services. They have a presence of over 100 countries and have 100 percent coverage in India airports and railways lounges. They offer reliable and convenient transportation to the airpots, beauty and grooming service, assistance in the airport, spa and wellness services, premium lounges in visa service, travel sims, luxury services and access to member only clubs globally, gifting services. Healthcare services in India and golf games and lessons. They have a return on equity of 35 percent and ROCE of 38 percent. They have 95 percent coverage in card based lounge access. In all lounge access they have a 68 percent market share. In total the have 65 airport lounges and 14 railway lounges. With 11 million dream folk service usage. Some growth opportunities that they have are rising middle class and disposable income, Credit cards, increase in business travel surge, and high end hopes of luxury. The things that they are doing to capitalise on all these tailwinds are expanding their service offerings, enhancing their technologies, building strategic partnerships, and focusing on consumer experience. They are trying to strengthen their brand image by engaging in global partnership to expand their reach. The aviation industry saw good growth with an increase of 36.9 percent YoY in passenger traffic. India is now the third largest aviation market driven by leisure and business travels. The credit card industry also witnessed tremendous growth with 19 percent more credit cards in circulation compared to last year and the average spend has also increased by around 7 percent. Dreamfolks achieved remarkable growth with more than 47 percent growth in revenue from last year. Revenue outside form airport lounges still only make up 6 percent of total revenue. Margins are low with ebitda margins being less then 10 percent. They are looking to expand revenue from other stuff to around 15 to 20 percent in the next 4 to 5 years. Their market strategy now is to partner with OTA airlines and enterprises to further boost growth. From fy 22 to 24 their revenue has grown at a CAGR of 100 percent. They mainly help big banks with airport lounge because banks couldn’t do it them self with the rising costs. The global scenario has been resilient with growth starting to rebound to higher then pandemic levels. Indian economy was one of the fastest and inflation in India also softened to around 5.7 percent. Airline industry has also crossed post pandemic levels in both terms of revenue passenger kilometre and available seat kilometres. There is a rising amount of people who want a premium lounge access in airlines. Airline ancillary services ar basically things like concert tickets or baggage checking, premium seats and early boarding which the airline sell to people who want more of a premium journey and is something that airlines are trying to make a revenue stream. Overview. Dreamfolks service is Indias leading lifestyle aggregator services company with them holding a huge percent of market share in Indian airport lounges and railway lounges. They have a 95 percent market share in card base lounges and a 68 percent market share in lounges over all. Their main contributor to revenue is airport lounges but beside that they also offer luxury things like golf games and lessons, meet and greet and spa services and ultra luxury like tickets and yacht and charter bookings.