WooCab

Safety on four wheels

 Company Profile
• Name of the Unit :- “WooCab”
• Office Address :- 1.) Pragati nagar P.O.B no. 125, Hyderabad.
2.) Jaya nagar P.O.B no.456, Bengaluru.

• Form of Organization :- - Limited Liability Partnership Firm

• Name of Partners :- - Ajay vadiya

- Himmat lal kumawat
- Jesvin joseph

• Service provided :- To and Fro Facility for Working Women

• Total Investments :- 63,00,000

• Bankers :- State Bank of India, Hyderabad.
• Auditors :- M.D.Shah & Sons
 Mission
• To ensure the safety & security of working
Female Executives while travelling to & from
their respective workplaces.
 Vision
• To promote female-driven cabs so that even
women can get employment & travelling
women’s safety & comfort can be ensured.
 Services Provided
• Travelling To & Fro Service for Female Professionals and
executives
• To give Out-of-Station Service to Female Executives for
their Official Work on per kilometre basis ( Minimum 300
kms /day)
 Target Market
•Female Corporate Executives
•Business Women
•Female Professionals
•College & School Female Staff

(Bengaluru & Hyderabad)

 Execution
(To be executed in Hyderabad & Bengaluru)

• To purchase 20 second-hand True Value

certified Maruti Eeco(CNG) cars which would be
driven by Female Drivers
• To enter into Contracts with Multinational
Corporations, Commercial Centres, Institutions
like Colleges & Schools, etc for safe travelling of
their Female staff.
 Safety Measures
• GPS Vehicle Tracking & Satellite Navigation
• Panic button
• Female Drivers trained for First Aid, Self-
Defence & Hospitality
(Self-Defence aided by Government of India)
Product
• The Service mainly revolves around picking up &
dropping Working Women to & fro their Work
Place & back to their Residence.
• Two rounds by each taxi in city
• They may also be provided with Cabs on
chargeable basis for their Official Touring
Purposes- one taxi per city for this
People
The plan concentrates mainly on working women –
1.Working Women as Customers

2.Female Drivers as Service Providers

 Process

Contracts would be made with different

Organisations for providing travelling
facility to their Female Staff.
 Place

Our Start Ups would likely be in Bengaluru &

Hyderabad(Head Office) simultaneously,
considering :
• The number of Working Women
• Travelling Safety
• Distance
• Existing Competition & Demand
 Price
The Prices have been determined by the Mark Up
Pricing Strategy & Discount Pricing Policy.
Prices per woman customer are fixed on monthly
basis
The fees charged are primarily on the basis of cost
per kilometres for outstation tours
 Physical Environment

• Comfortable Seats
• Proper Leg-Space
• Air – Conditioned
• Safety Device Installed
• GPS Tracking
• Trained Female Drivers
 Promotion

•Meeting HR Managers at MNCs, Business Centres,

Colleges, Schools & other such Organisations
•Demo rides
•Advertising at centres where women are found in large
number like Market, Sales, Saloons, Shops.
•Pamphlets, Local Newspapers, Magazines
 FINANCIAL DETAILS
FIXED ASSETS

PARTICULARS No. AMOUNT TOTAL

(RS.) (RS.)

CARS 20 2,50,000 50,00,000

Furniture - 2,00,000

Computers 4 15,000 60,000

Safety Devices 20 5,000 1,00,000

TOTAL 2,70,000 53,60,000

 ESTIMATED REVENUE
Shift Fees PASSE- MONTHLY
NGERS ANNUALLY
Charged

• COLLEGE/SCHOOL STAFF 3,500 140 4,90,000 58,80,000

• BUSINESS/CORPORATE 4,000 140 5,60,000 67,20,000

STAFF

• OUTSTATION TRAVELLING - - - 4,00,000

TOTAL REVENUE 1,30,00,000

 Staff Details

PARTICULARS NO. MONTHLY YEARLY

DRIVERS SALARY 40 12,000 57,60,000

STAFF 4 60,000 7,20,000

 Working Capital Schedule

PARTICULARS DAILY MONTHLY YEARLY

Fuel (CNG) 8,800 2,20,000 26,40,000
Driver’s Wages/Salary 19200 4,80,000 57,60,000

TOTAL 28,000 7,00,000 84,00,000

TOTAL CAPITAL INVESTMENT

PARTICULARS AMOUNT
(Rs.)
FIXED CAPITAL 53,60,000

WORKING CAPITAL 7,00,000

CASH IN HAND 1,40,000

TOTAL 63,00,000
 SOURCES OF FINANCE

PARTICULARS AMOUNT
(Rs.)
Ownership Capital 63,00,000
Partner – I 21,00,000
Partner – II 21,00,000
Partner – III 21,00,000

TOTAL 63,00,000
 OPERATING COST SHEET as on 31-3-2016
YEAR YEAR
PARTICULARS (2016) (2017)

FIXED COSTS:
- OFFICE RENT(LEASE) 3,20,000 3,20,000
- INTERNET EXPENSES 30,000 30,000
- STATIONERY EXPENSES 48,000 50,000
- DRIVER’S SALARY 57,60,000 67,20,000
- STAFF SALARY 7,20,000 8,64,000
- AUDIT FEES 5,000 5,000
- PROMOTION EXPENSE 3,50,000 3,00,000
- PRELIMINARY EXPENSE 50,000 50,000
- DEPRECIATION(TOTAL) 8,09,000 6,87,150
- TAXI REGISTRATION 20,400 --
- ROAD TAX 3,00,000 2,55,000
- PEPPER SPRAY 6,000 1,000
= 84,18,400 =92,82,150
VARIABLE COST:
- MISCELLANEOUS EXPENSES 30,000 35,000
- FUEL EXPENSES 26,40,000 27,00,000
- ELECTRICITY EXPENSES 48,000 50,000
- REPAIRS & MAINTENANCE 2,50,000 2,75,000
=29,68,000 =30,60,000
1,13,86,400 1,23,42,150
 PROFIT AND LOSS A/C as on 31-3-2016
PARTICULARS AMT. PARTICULARS AMT.
(Rs.) (Rs.)
TO DRIVER’S SALARY 57,60,000 BANK A/C :
- CORPORATE 67,20,000
- SCHOOLS & 58,80,000
COLLEGES
OFFICE LEASE 3,20,000 BANK A/C 4,00,000
(OUTSTATION)
STAFF SALARY 7,20,000
AUDIT FEES 5,000
ELECTRICITY 48,000
STATIONERY 24,000
MISC. EXPENSES 30,000
REPAIRS & 2,50,000
MAINTENANCE
DEPRECIATION :
CAR- 7,50,000
SAFETY DEVICE- 30,000
FURNITURE- 20,000
CONTINUED…
PARTICULARS AMOUNT PARTICULARS AMOUNT
(Rs.) (Rs.)
FUEL 26,40,000
PEPPER SPRAY 6,000
TAXI REG. 20,400
ROAD TAX 3,00,000

ADVERTISEMENT 3,50,000
INCOME TAX(33%) 5,50,308

NET PROFIT 11,17,292

1,30,00,000 1,30,00,000
 BALANCE SHEET
As on 31-3-2016
LIABILITIES AMT. ASSETS AMT
(Rs.) (Rs.)
CAPITAL 63,00,000 CARS 50,00,000
(+) profit 11,17,292 (-) DEP. (15%) 7,50,000 42,50,000
(-) drawings 6,36,320 67,80,972

COMPUTERS 60,000
(-)DEP. (15%) 9,000 51,000
FURNITURE 2,00,000
(-) DEP.(10%) 20,000 1,80,000
SAFETY DEVICES 1,50,000
(-)DEP.(20%) 30,000 1,20,000
PRELIMINARY EXP 5,00,000
(-)written off 50,000 4,50,000
BANK 17,29,972
67,80,972 67,80,972
RETURN ON INVESTMENT
PROFIT = 16,67,600
(-) TAX (33%) = 5,50,308
NPAT = 11,17,292

ROI= TOTAL PROFIT *100

TOTAL INVESTMENT

ROI= 11,17,292 *100 = 17.73%

63,00,000
1. Utilizing the Cab to it’s Maximum Capacity
by providing service to Female Localites
2. Night Services
3. Expansion to other Cities
4. Mural Advertising
5. Help desk at Airport
 REFERENCES

RTO
Maruti True-Value
Consulted Chartered Accountants
Government Officials
Websites
Current running cabs
THANK YOU