Dreamfolks Services Limited , a key player in the airport services sector, has announced a significant operational change that is expected to have a material impact on its business. The company has discontinued its domestic airport lounge services to clients, effective September 16, 2025.

Operational Changes and Impact

In a regulatory filing to the BSE and NSE, Dreamfolks Services stated that the discontinuation of domestic airport lounge services would materially affect its operations. This move comes as a follow-up to an earlier disclosure made by the company on August 29, 2025, indicating that such a change was under consideration.

Continuing Operations

Despite this significant change, Dreamfolks Services emphasized that its other domestic services and global lounge business will continue to operate as usual. This suggests that the company is maintaining a portion of its service portfolio while restructuring its domestic offerings.

Client Relationships and Future Propositions

The company has assured stakeholders that existing contracts with clients remain active. Dreamfolks is currently engaged in discussions with affected clients to explore alternative customer value propositions. This proactive approach indicates the company's commitment to maintaining its client relationships despite the operational changes.

Transparency and Investor Communication

Harshit Gupta, Company Secretary and Compliance Officer of Dreamfolks Services, stated in the regulatory filing, "This disclosure is being made in the interest of transparency, governance, and investor awareness." The company has committed to providing further updates as they become available, maintaining open lines of communication with its investors and stakeholders.

Market Implications

As Dreamfolks Services adapts its business model, investors and market analysts will likely be watching closely to assess the long-term implications of this strategic shift. The material impact mentioned by the company suggests that this change could significantly affect its financial performance in the coming quarters.

Dreamfolks Services Limited is listed on both the BSE and the NSE. Investors are advised to monitor further announcements from the company for a comprehensive understanding of how this operational change may affect its market position and financial outlook.

For more information, stakeholders can visit the company's official website at www.dreamfolks.com , where updates on this development will be made available.

Dreamfolks Services Limited , a leading travel and lifestyle experience platform, has reported a steady performance for the first quarter, with revenue growth of 8.8% year-on-year. The company is actively diversifying its offerings beyond airport lounges in response to shifting industry dynamics.

Financial Highlights

• Revenue stood at ₹349.00 crores, up from ₹320.80 crores in the same quarter last year
• Adjusted EBITDA increased by 18.7% to ₹30.50 crores, with a margin of 8.7%
• Profit After Tax (PAT) grew by 24% to ₹21.30 crores
• Gross margin improved to 13.3% from 11.7% in the same quarter last year

Operational Performance

• Served 2.58 million passengers during the quarter
• Non-lounge services contributed 7% of total revenue
• Expanded global footprint to over 850 lounges worldwide

Strategic Initiatives

Dreamfolks Services is accelerating its diversification efforts beyond airport lounges in response to recent industry changes. The company is targeting services such as:

• Golf access
• Railway lounges
• Wellness packages
• Coffee at malls
• Access to premium social clubs

These new offerings are expected to contribute approximately one-third of total revenue in the near future.

Challenges and Opportunities

Liberatha Kallat, Chairperson and Managing Director, addressed recent developments in the industry: "While we have seen few banks shift their partnership and others may be facing pressure to do the same, I want to emphasize that our agreements with all clients remain firmly in place."

The company is working closely with clients to integrate new service offerings beyond airport lounges, redefining its customer value proposition to enhance end-consumer experiences.

Technology and Innovation

Balaji Srinivasan, Executive Director and Chief Technology Officer, highlighted the company's ongoing investments in technology: "We are at a pivotal point where we are making major transformation in our tech platform. This strategic transformation is powered by a modern, cloud-based tech platform, enabling real-time collaboration, efficient growth and quick responses to customer feedback."

Expansion and Future Outlook

Dreamfolks Services is focusing on expanding its presence in Southeast Asia and Middle East countries by forming strategic partnerships with key players in those locations. The company is also exploring potential acquisitions to support its growth strategy.

Sandeep Sonawane, Chief Business Officer, noted: "We onboarded clients operating in travel and lifestyle, each highlighting the growth demand for bundled lifestyle-driven benefits that enhance corporate offerings."

As Dreamfolks Services navigates the evolving industry landscape, the company remains committed to its strategy of diversification, enterprise expansion, and geographic scale to drive sustainable growth and value creation for its stakeholders.