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Taxi Rental Business

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Radio Cabs Market ‐ Radio Cabs Market India June 2012

Executive Summary
Market
 Radio cab market is slated top grow at a rate of z1% per annum  Business model can be differentiated into ‐ different fleet – z2 and z3 g p g g  Revenues garnered for this particular sector occurs through 2 significant heads such as z4 and z5

Drivers Drivers & Challenges
– Increase in disposable income and p p g transportation spending – Influx of tourists – Demand from corporate sector – Change in mindset  Hard and soft skills’ training for cab drivers  Increasing entertainment options inside radio cabs  Radio cabs with Wi‐Fi service

Challenges
– High fares – TRAI regulation on SMS cap – Unavailability of parking space

Trends

 Collaborations with other service providers marking the sector  PE investments in the sector  Technological advancements in radio cabs  Exclusive radio cabs for women Exclusive radio cabs for women

Major Players

Competition

Company 1 Company 4

Company 2 Company 5

Company 3 Company 6

RADIO CAB MARKET IN INDIA 2012.PPT

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•Introduction •Market Overview M k tO i •Business Model •Revenue Model •Revenue Model •Drivers & Challenges •Government Participation •Government Participation •Trends •Competition •Strategic Recommendations Appendix •Appendix
RADIO CAB MARKET IN INDIA 2012.PPT

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Ease of booking and quality customer service work towards shaping growth for radio cabs in the country

SAMPLE

Radio Cab Market – Overview
• Radio cabs business have emerged as one of the fastest growing businesses in India • Demand for radio cabs is soaring in the Indian soil especially in large cities including metros where people have enough spending power to avail of such services • Governments across different states are also encouraging growth of this sector as they believe that efficient transport service is essential for any province to grow • Another facet in this sector is the generation of revenues through advertisements which has developed as a h f h h f h h d h hh d l d major component in the a1 category

Radio Cab Market – Growth
Unit no x1

0 2011 2012e 2013e 2014e 2015e 2016e 4

RADIO CAB MARKET IN INDIA 2012.PPT

Radio Cabs – Business Model (1/2)

SAMPLE

• Radio cabs operate in a unique business model wherein the driver is known as a2 at times • He does a3, a4, a5 and a6

Radio cab hiring procedure

• For the subscriber, the business looks lucrative as the driver or subscriber has to pay `INR ‐per day and the rest of the income is completely his

a7 Radio Cab Company a8

• A9 • A10 • A11

• A12 • A13

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Fares in radio cabs differ across cities in the country as decided by the State Governments
Pricing
•Radio cabs are have fares higher as compared to normal cabs owing to the greater cost of operation of radio cabs •There has been hikes in fuel prices for over a considerable period of time but it h h b hik i f l i f id bl i d f i b i did not reflect any increase in radio cab fares •However, the UT Government has drafted certain alterations and spelled an increase in cab fare

Price Rise in non‐AC Radio Cabs (2011)

SAMPLE SAMPLE
DAY TIME

INR/km

x2

Pricing in a Radio Cab in India Pricing in a Radio Cab in India
CITY NIGHT TIME

0 Before Aug 2011 After Aug 2011

Price Rise in AC Radio Cabs (2011) Price Rise in AC Radio Cabs (2011)
INR/km

x3

0 Before Aug 2011 After Aug 2011

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Drivers & Challenges – Summary

Challenges Drivers
Increase in disposable income and transportation spending Influx of tourists Demand from corporate sector Change in mindset High fares TRAI regulation on SMS cap Unavailability of parking space

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BPO sector has emerged as the torchbearer for radio cabs as they constitute a fair percentage of revenue share
Demand from corporate sector
• ‐ and ‐ concerns who have pick up and drop facility require a constant supply of cabs at their disposal • F th f Further, for companies that have work shifts especially for night shifts, it becomes mandatory for i th t h k hift i ll f i ht hift it b d t f them to ply cars to pick up and drop employees • Radio cabs derive a fair amount of revenues from this facet of supplying cabs to these concerns • Revenues get translated into a fixed income in this aspect wherein demand for radio cabs are always constant always constant IT/BPO Sector – India

Impact

IT/BPO IT/BPO – Exports
INR bn x4 INR bn

IT/BPO IT/BPO – Domestic

x6

0 2008 2009 2010 2011

0 2008 2009 2010 2011

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Despite of popularity, high fares surface as a major setback for this sector to grow
High fares
• Fares of radio cabs are much higher than its counterparts of ordinary cabs • Owing to their high tariffs, common people do not avail of their services • Further, radio cabs operate in urban areas primarily in metros which limits its consumer base even more • As a product, radio cabs are positioned for a few section of consumers who have the spending power as well as the urge to spend in such products • Restrictions in brand positioning as well as pricing works against the sector to a certain extent as Restrictions in brand positioning as well as pricing works against the sector to a certain extent as most plebians in the country look at affordable mode of transportation • Lowering of fares is not possible for the players as they need a bare minimum to maintain their quality of service Ordinary Cabs v/s Radio Cabs – Fares Ordinary Cabs Taxi Fares
D1 D2 D3 Higher fares compared Higher fares compared to ordinary cabs aided with different charge during night time adds to more woes for this sector

Impact

Radio Cabs Radio Cab Fares
D4 D5 D6

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Government Policies (3/4)
Haryana

SAMPLE

• Grants of permits to prospective operators of radio cabs are considered in b10, b11 and b13 wherein cabs will operate within b14 kms of these towns Radio Cab Scheme‐Government of Haryana Radio Cab Scheme Government of Haryana B1 B2 B3

B4 B5 B6

B7 B8 B9
RADIO CAB MARKET IN INDIA 2012.PPT

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Trends – Summary
Hard and soft skills’ training for cab drivers

Increasing entertainment options inside radio cabs

Radio cabs with Wi‐Fi service

Key Trends

`

Collaborations with other service providers marking the sector

PE investments in the sector

Technological advancements in radio cabs

Exclusive radio cabs for women
RADIO CAB MARKET IN INDIA 2012.PPT

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Players have started to provide training encompassing both hard and soft skills to the cab drivers

SAMPLE

Hard and soft skills’ training for cab drivers
• Players have initiated the process of training cab drivers lest they misbehave with commuters resulting in tampering with the brand image of the player resulting in tampering with the brand image of the player • Incidents of unruly manners including indecent behaviour gestured at women have forced radio cab owners to harp on the lines of proper training and educating drivers • Training include both inter‐personal skills as well as technical knowledge in driving cabs thereby moulding them into an efficient brand representative of the brand

• P1 • P2 • P3 • P4

Cab drivers at IGI Airport were given training by airport management through means of special workshops for drivers of both regular cab as well as radio cab drivers wherein they were taught about various aspects of hospitality services as follows

Y1

Y2

Y3

Y4

Y5

RADIO CAB MARKET IN INDIA 2012.PPT

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Private: Domestic Company – Company 1 (1/3)
Company Information
Registered Address

Offices and Centres – India

SAMPLE
Place

Tel No. Fax No. Website Year of Incorporation

Products and Services Products and Services
Category Car Rental Products/Services

Registered Address

Key People
Name Designation

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Private: Domestic Company – Company 1 (2/3)
Financial Snapshot i i lS h
Total Income INR mn Total Income Profit / Loss S Q P R Profit INR mn

Key Ratios K i

SAMPLE
Particulars y‐o‐y change (2011‐10)
3.15 1.54 3.15 3.81 7.40 4.80 3.87 25.87

2011

2010

2009

2008

Profitability Ratios
Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets
28.58% 18.90% 28.58% 19.44% 47.56% 24.99% 19.44% 98.22% 25.43% 17.36% 25.43% 15.63% 40.16% 20.19% 15.57% 72.35% 25.68% 20.30% 25.68% 17.45% 40.08% 21.88% 17.36% 91.83% 22.41% 14.25% 22.41% 9.63% 27.11% 11.98% 9.55% 47.83%

0 2008 2009 2010 2011

0

Cost Ratios
Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales) Interest costs (% of Sales)
‐3.15 N.A. N.A. NA 71.42% N.A. N.A. NA 74.57% N.A. N.A. NA 74.32% N.A. N.A. NA 77.59% N.A. N.A. NA

Financial Summary
• Company incurred a net profit of INR ‐ mn in FY 2011, as compared to net profit of INR ‐ mn in FY 2010 • It reported total Income of INR ‐ mn in FY 2011, registering an increase of ‐ over FY 2010 • Earned an operating margin of ‐ in FY 2011, an increase of ‐ percentage points over FY 2010 • The company did not report any debt to equity ratio both in FY 2011 and FY 2010

Liquidity Ratios
Current Ratio Cash Ratio
9.03% 30.19% 3.04 2.09 2.78 1.61 2.76 1.83 2.79 1.94

Leverage Ratios
Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio
N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A. N.A.

Efficiency Ratios
Fixed Asset Turnover Asset Turnover Current Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover
24.68% 14.67% 18.97% 18 97% 13.69% 14.21% 5.20 1.03 0.89 0 89 1.32 1.03 4.17 0.90 0.75 0 75 1.16 0.90 4.52 0.86 0.69 0 69 1.08 0.86 3.36 0.67 0.54 0 54 0.84 0.68

Improved

Decline

RADIO CAB MARKET IN INDIA 2012.PPT

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Private: Domestic Company – Company 1 (3/3)
Key Recent Developments (1/2)
Description News

SAMPLE

• Has a presence in cities such as c1 c2 c3 and c4 wherein on a daily basis ~c5 passengers Has a presence in cities such as c1, c2, c3 and c4 wherein on a daily basis c5 passengers receive services by the company Overview • Has future plans of expanding in other cities as well • Its fleet includes cars such as c6, c7, c8, c9 and c10 In‐taxi deals • Boasts of an unique amalgamation of – • ‐ is available in around c11 cabs in c12 itself • ‐ works through c13 • Has announced the acquisition of c14 • Both ‐ and ‐ will be working together to introduce new product offerings

Acquisition

Technological add‐ons

• Has introduced c15

RADIO CAB MARKET IN INDIA 2012.PPT

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Thank you for the attention
The Radio Cab Market – India 2012 report is a part of Netscribes Business Services’ Industry Series.
For more detailed information or customized research requirements please contact:

Phone: E‐Mail:

+91 33 4064 6214 sales@netscribes.com

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Disclaimer: This report is published for general information only. Although high standards have been used in the preparation of this report, Netscribes is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes. and Netscribes is not responsible for any loss or damage arising from use of this document This document is the sole property of Netscribes and prior permission is required for guidelines on reproduction.

RADIO CAB MARKET IN INDIA 2012.PPT

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...in Singapore, a GPS based system like the iCall seemed like the perfect fit for Taiwan Taxi. The company had plans of expanding its membership to 20,000 and believed the iCall would help it achieve this goal. Unfortunately, the iCall did not bring the success that Taiwan Taxi hoped it would which left management questioning why the system worked so well in one country and not the other. The answer to this lies in the cultural differences and a lack of understanding of the Taiwan labor force that is currently working in the taxi industry. In order to successfully implement the iCall in Taiwan, management needs to tie value to the system in order to gain support from its employees and the public. This can be done internally through the use of incentive programs, as well as externally though marketing and advertising efforts focused on safety and efficiency. Problem Statement and Project Goals Management’s failure to understand cultural differences and their impact on the implementation of a GPS system in Taiwan has led to Taiwan Taxi’s failure in obtaining its 20,000 member goal. Analysis Management Taiwan Taxi based their implementation of the iCall after the success of a similar GPS system in Singapore. The company reasoned that since Singapore and Taiwan were similar in size and density that Taiwan would have equal success in the implementation of new technology in their taxi cabs. Management however, failed to realize that the severe cultural differences would...

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Pink Taxi

...utilization of taxi cab service has increased over the time. A taxi business is a potentially profitable venture that you can invest on particularly if you live in the city and there are plenty of people who need the services of cabs. The taxi business is also a good business idea especially nowadays that people are already acknowledging the advantages of using public transportation over driving their own cars. If you are interested in a taxi business, here are some of the things that you will be interested to know: The Taxi cab Taxi cabs are your most important requirement to start a taxi cab business. It will be up to you to decide what car model you will use but it is best to inquire first from your licensing agency because there may be particular types of car that are required for use by taxi businesses. Operators of taxi businesses also have the option in choosing whether they will buy second hand cars or purchase new cars for their taxi business. If you prefer to use new cars for your taxi cab business, it is important that you understand it will require you to have more start up capital. You may, however, check out financing programs that you can avail of when purchasing your taxi business vehicles. Maintenance of taxi cabs will make up a bulk of your taxi business expenses so it will be wise to find a mechanic who can repair and provide maintenance of your taxi cabs on a regular basis. Other Requirements You will be required to secure a business......

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Ch.210 : That Day | Barry Jenkins | Qualität 2 mt 4C telefonleitung RJ11 6P4C stecker telefon kabel reinem kupferdraht für PBX analog digital phone Anpassbare 1-100 mt