Dubai Taxi Company PJSC

Dubai Taxi Company PJSC

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Dubai Taxi Company Reports Strong FY 2025 Growth

Summary

Dubai Taxi Company PJSC reported a strong financial performance for FY 2025, with a 13% revenue increase and a 7% rise in net profit, supported by fleet expansion and strategic partnerships.
Dubai Taxi Company PJSC announces robust financial results for FY 2025, driven by fleet expansion and increased demand.

Dubai Taxi Company PJSC (DTC), a leading mobility solutions provider in Dubai, has released its financial results for the fiscal year 2025, showcasing a robust performance characterized by significant growth across its operational and financial metrics. The company, which holds a dominant position in Dubai's taxi market, continues to capitalize on the city's rapid urbanization and increasing population, driving demand for its comprehensive mobility services.

In FY 2025, DTC completed an impressive 53 million trips across its taxi and limousine segments, marking an 8% increase compared to the previous year. This growth is supported by the expansion of its operational fleet by 1,708 vehicles, further solidifying its market leadership. The company's revenue surged by 13% year-on-year, reaching AED 2.47 billion, a testament to its strategic initiatives and sustained operational excellence.

The company's EBITDA increased by 12% to AED 652 million, maintaining a strong margin performance of 26%, which reflects its disciplined operational approach. Net profit also saw a 7% rise, amounting to AED 356.1 million, underscoring the company's financial resilience and ability to generate shareholder value. In line with this performance, the Board of Directors has recommended a final dividend of AED 142.0 million for the second half of 2025, bringing the total dividends for the year to AED 302.7 million, a 7.5% increase from the previous year.

DTC's strategic focus on expanding its mobility ecosystem through strategic partnerships and the integration of smart, sustainable transportation solutions has been a key driver of its success. The company is in the first year of its five-year strategic plan, which aims to further enhance its market position and capitalize on emerging opportunities in the mobility sector.

Given DTC's strong financial performance and strategic direction, investors might consider holding their positions in the company. While the company shows promising growth prospects, the competitive landscape and potential regulatory changes in the mobility sector warrant a cautious approach. Investors should closely monitor the company's execution of its strategic initiatives and its ability to sustain growth in the face of evolving market dynamics.

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