Revenue to grow at CAGR of 11%: The company's goods transportation division has strong pan India presence covering 28 states, 4 union territories and more than 662 cities with the help of more than 1000 branches and franchisees; and 48 strategically located transshipment hubs. Going forward, the company is planning to add 300 trucks in this division and is also planning to strengthen its infrastructure in its existing market in the southern and western regions of India; and expand into northern and eastern regions. On this backdrop, we expect the division to report average revenue growth of 14% in the next two years. In the passenger segment, the company is going slow and is consolidating its position; and focusing on premium routes, thus we expect flat 2% average growth in this division.