Voler Car Ltd – Company Report
1. Company Overview
Voler Car Ltd is a leading Indian provider of employee transportation services (ETS), specializing in reliable and efficient mobility solutions for large multinational corporations (MNCs) and corporate clients across major Indian cities. Founded in 2010 (originally as Jamuna Travels Private Limited), the company has evolved into a publicly listed entity with a strong presence in Kolkata, Mumbai, Pune, Bhubaneswar, Delhi-NCR, Ahmedabad, Lucknow, Jaipur, Ludhiana, and Bengaluru.
Voler Car follows an asset-light model, sourcing most vehicles from verified vendors while maintaining a fleet of over 2,500 vehicles, including small cars, sedans, SUVs, electric vehicles, buses, and tempo travellers. The company is known for operational excellence, customer-centric focus, and a scalable business model supported by robust technology and leadership.
- Headquarters: Kolkata, West Bengal, India
- Industry Focus: Employee transportation, mobility solutions, corporate car rental
- Market Position: Leading ETS provider to IT/ITeS, corporates, and MNCs
- Certifications: Adherence to industry safety and compliance standards
- Fleet Size: 2,500+ vehicles (asset-light/vendor-based and company-leased)
- Employees: Over 770 as of Dec 2024
- Listed: NSE SME Platform (IPO in February 2025)
2. Products and Services
Voler Car Ltd offers a diverse range of corporate mobility and transport services, tailored to meet modern workforce needs:
Employee Transportation Services (ETS):
- Home-to-office and office-to-home transport with 24/7 support
- Contract-based shuttle and pooled cab services
- Strict compliance with Service Level Agreements (SLAs) for punctuality and safety
Fleet Management and Technology Solutions:
- Access to a mix of economy cars, sedans, SUVs, EVs, buses, and tempo travellers
- Proprietary tech platform for route optimization, real-time tracking, and driver verification
- Asset-light model: Vehicles sourced from third-party vendors; operational expenses borne by owners
- Women safety protocols with verified driver backgrounds and emergency alert systems
Corporate Car Rental & Value-Added Services:
- On-demand rentals for events, airport transfers, outstation trips
- Flexible pricing: charge-per-boarded-employee, pay-for-use models
- Digital billing and invoicing for enterprise clients
Regional and National Footprint:
- Present in 10+ Indian cities, with plans for geographic expansion
3. Recent News and Financial Performance
Business Highlights
- Expanded into new geographies and added multiple large corporate clients in FY2025
- Set up a new regional office in Gurgaon to support national growth
- Deployed Tata Tigor EVs for Cognizant’s Hyderabad campus, under a multi-party collaboration with Tata Motors and Tata Power, as part of its e-mobility initiative
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹43 crore |
| Net Profit | ₹4.5 crore |
| Net Profit Margin | 10% |
| Earnings Per Share | ₹4.04 |
| Return on Equity | 22% |
| Debt | Virtually debt-free |