RAPIDFLEET - Rapid Fleet
Financial Performance
Revenue Growth by Segment
The Company operates in a single segment—logistics and fleet management services. Revenue from operations grew by 49.18% YoY, from INR 115.59 Cr in FY 2023–24 to INR 172.44 Cr in FY 2024–25.
Geographic Revenue Split
Not disclosed in available documents, though the company plans to scale operations into Tier-II and Tier-III cities.
Profitability Margins
Net Profit Ratio was 5.96% in FY 2024-25, a decrease of 14.64% from 6.98% in FY 2023-24. Return on Equity (ROE) decreased by 54.03% to 23.03% due to an increase in average equity funds. Return on Capital Employed (ROCE) decreased by 54.15% to 19.77%.
EBITDA Margin
Not explicitly disclosed, but the Net Profit Ratio stands at 5.96% for FY 2024-25.
Capital Expenditure
Not disclosed in absolute INR Cr, but the company reported an increase in Capital Employed and plans to expand fleet and warehousing capacity.
Credit Rating & Borrowing
Not disclosed in available documents.
Operational Drivers
Raw Materials
Fuel (volatility impacts operating margins) and skilled manpower (65 employees including drivers and logistics professionals).
Import Sources
Not disclosed in available documents.
Key Suppliers
Not disclosed in available documents.
Capacity Expansion
Current capacity not disclosed in units; planned expansion includes increasing fleet size and warehousing capacity to scale operations into Tier-II and Tier-III cities.
Raw Material Costs
Not disclosed as a specific percentage of revenue, but fuel price volatility is cited as a key risk to margins.
Manufacturing Efficiency
Not disclosed in available documents.
Logistics & Distribution
Not disclosed in available documents.
Strategic Growth
Expected Growth Rate
49.18%
Growth Strategy
The company aims to achieve growth by expanding fleet and warehousing capacity, scaling operations into Tier-II and Tier-III cities, exploring asset-light models through partnerships, and strengthening digital tracking systems for route optimization.
Products & Services
Logistics and fleet management services including transportation, warehousing, and supply chain solutions for FMCG, Tyres, Electronics, Power, and Energy sectors.
Brand Portfolio
RAPIDFLEET
New Products/Services
Not disclosed in available documents.
Market Expansion
Targeting expansion into Tier-II and Tier-III cities to capitalize on the rise of digital commerce and last-mile delivery requirements.
Market Share & Ranking
Not disclosed in available documents.
Strategic Alliances
Exploring asset-light models through partnerships with other logistics providers and corporates for end-to-end solutions.
External Factors
Industry Trends
Logistics sector is growing due to National Logistics Policy and Gati Shakti Master Plan aiming to reduce costs to single-digit GDP. Rise of e-commerce and manufacturing expansion are driving demand for organized logistics.
Competitive Landscape
Intense competition from both organized and unorganized logistics and fleet management players.
Competitive Moat
Technology-driven operational framework (GPS/AI), shared-services model for resource pooling (warehouses, vehicles), and a diversified client base across multiple sectors like FMCG and Energy.
Macro Economic Sensitivity
Sensitive to India's GDP growth (projected at 6.8% for FY25) and fluctuations in crude oil prices.
Consumer Behavior
Shift towards digital commerce and e-retail is increasing the demand for efficient last-mile delivery and predictable supply chain solutions.
Geopolitical Risks
Global uncertainties affecting crude oil prices and inflationary pressures.
Regulatory & Governance
Industry Regulations
Compliance with National Logistics Policy, Gati Shakti Master Plan, safety, labor, and environmental norms in transport operations.
Environmental Compliance
Not disclosed in absolute INR, but CSR policy emphasizes environmental sustainability and ecological balance.
Taxation Policy Impact
Not disclosed in available documents.
Legal Contingencies
Not disclosed in available documents.
Risk Analysis
Key Uncertainties
Volatility in fuel prices (impacts margins), infrastructure bottlenecks (impacts delivery timelines), and regulatory compliance risks.
Geographic Concentration Risk
Not disclosed in available documents.
Third Party Dependencies
Not disclosed in available documents.
Technology Obsolescence Risk
Continuous need for system upgrades in GPS-enabled monitoring and route optimization tools to maintain competitive efficiency.
Credit & Counterparty Risk
Dependency on customer credit cycles poses a financial risk to working capital.