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Hidden Gem: Market leader stock that holds 90% market share in airport lounges

This market-leading company holds 90% of the airport lounge market share. Its widespread presence in key airports ensures high-quality services, contributing to its strong growth and continued leadership in the industry.
Market leader with 90% share in airport lounges; a stock to watch!
Market leader with 90% share in airport lounges; a stock to watch!

Introduction:

This company holds a significant 90% market share in the airport lounge sector, providing premium services to travellers across major airports. Its strong presence and consistent quality set it apart in the competitive industry.

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With its established position, the company continues to expand, offering top-tier amenities and exceptional customer experiences. This sustained leadership allows it to maintain steady growth in the global travel sector.

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About Dreamfolks

Dreamfolks Services Ltd is a leading provider of airport lounge access and related services in India. With a strong presence in key airports, it offers premium experiences for travellers. The company has established itself as a significant player in the travel and hospitality sector.

Share price movement: 

On December 13, Dreamfolks Services Ltd (BSE: DREAMFOLKS) opened at ₹414.90, reached a high of ₹416.25 and a low of ₹406.85; the stock closed at ₹410.95, down by 1.01%. The company’s market capitalization is ₹2,181.10 crore.

Dreamfolks market share

Dreamfolks holds an impressive 90% market share in India’s domestic lounge access market for debit and credit card programs. This leadership reflects its strong position in the industry. The company continues to provide premium services to a large base of travellers.

Dreamfolks reported a net profit of ₹16.03 crore for the latest quarter, with net revenue of ₹317 crore. This marks a significant increase from the ₹282 crore in revenue for the same quarter last year. The company’s strong growth in both profit and revenue highlights its continued financial strength.

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Dreamfolks Services Ltd showcases strong financial performance with a return on equity (ROE) of 27.64% and return on capital employed (ROCE) of 46.02%. The company maintains a low debt-to-equity ratio of 0.19, indicating strong financial stability.

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Shareholding pattern of Dreamfolks: 

All values in %Sep 2024Jun 2024Mar 2024
Promoter66.066.066.0
FII3.63.95.4
DII7.89.38.0
Public22.620.820.6

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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