Company Financial Rusult In Crore

PERIOD	ASSET	REVENUE	PROFIT
31-Mar-2024	296.66	568.21	62.53
31-Mar-2023	229.71	425.43	43.59
31-Mar-2022	112.38	151.55	9.87

About The Company

ECOS (India) Mobility & Hospitality Limited is a chauffeur driven car rental service provider in India. The companys primary business is to provide chauffeured car rentals (CCR) and employee transportation services (ETS).

The company has been offering these services to corporate clients, including Fortune 500 companies in India.As of March 31, 2024, the company had a presence throughout India, operating in 109 cities using its own vehicles and vendors. It was spread across 21 states and four union territories, showcasing its extensive reach and penetration into diverse regions across the country.In Fiscal 2024, ECOS (India) Mobility has served the CCR and ETS requirements of over 1,100 organizations in India.

 

The clientele of the company include InterGlobe Aviation Limited (Indigo), HCL Corporation Private Limited, Safexpress Private Limited, Deloitte Consulting India Private Limited, Urbanclap Technologies Private Limited (Urban Company), IndusInd Bank Limited, Foresight Group Services Limited FZCO, HDFC Life Insurance Company Limited, Thomas Cook, India, Grant Thornton Bharat LLP, WM Global Technology Services India Private Limited (Walmart Global Tech), VRB Consumer Products Private Limited, Pinkerton Corporate Risk Management Private Limited, MedGenome Labs Limited, Dreamfolks Services Limited, Mercer Consulting(I) Private Limited, FNF India Private Limited (Fidelity), exl Service.com (India) Private Limited, Gujarat Guardian Limited and VA Tech Wabag Limited.

 

Strength

• ECOS (India) Mobility & Hospitality Limited is a leading chauffeur-driven mobility provider in India, with ₹4,226.76 million in revenue and ₹435.91 million in profit after tax for Fiscal 2023.
• The company operates over 9,000 vehicles across 109 cities, catering to diverse needs with economy cars, premium vehicles, and luxury coaches.
• ECOS serves 42 Fortune 500 and 60 BSE 500 companies, maintaining strong customer relationships that contribute to significant lifetime value. By fostering strong connections with these leading corporations, ECOS ensures a consistent and valuable stream of business.

Weakness

• ECOS Mobilitys reliance on technology means disruptions or failures in their outsourced technology systems could negatively impact operations and customer satisfaction.
• Dependence on key customers, particularly in major cities, exposes ECOS to the risks of reduced demand or termination of contracts, affecting financial stability.
• An increase in vehicle prices and fleet costs could strain ECOS finances, hindering their ability to expand and upgrade their vehicle fleet efficiently.

 

 

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