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Route Mobile Ltd

(ROUTE)

₹1567.61.07%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Route Mobile Ltd Analyst Rating

based on 4 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 4 analysts offering long term price targets for Route Mobile Ltd. An average target of ₹1937.5

Source: S&P Global Market Intelligence

Route Mobile Ltd Share analysis

Route Mobile Ltd price forecast by 4 analysts

Upside of24.92%

High

₹2050

Target

₹1937.50

Low

₹1800

Route Mobile Ltd target price ₹1937.5, a slight upside of 24.92% compared to current price of ₹1567.6. According to 4 analysts rating.

Source: S&P Global Market Intelligence

Route Mobile Ltd Performance

  • Day's Low

    Day's High

    ₹1,552
    ₹1,594.8
  • 52 Week's Low

    52 Week's High

    ₹1,386.05
    ₹1,942.45
1 Month Return-2.98 %
3 Month Return-11.64 %
1 Year Return-0.46 %
Previous Close₹1,550.95
Open₹1,552.00
Volume1.20L
Upper Circuit-
Lower Circuit-
Market Cap₹9,765.20Cr

Route Mobile Ltd Key Statistics

P/E Ratio26.9
PEG Ratio16.92
Market Cap₹9,765.20 Cr
P/B Ratio8.46
EPS61.93
Dividend Yield0.69
SectorIT - Software
ROE10.91

Route Mobile Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹9,765.20 Cr27.63%0.51₹388 Cr₹4,023 Cr
BUY₹20,340.62 Cr279.92%0.69₹62 Cr₹2,470 Cr
NA₹23,066.09 Cr38.48%0.77-₹569 Cr₹1,263 Cr
HOLD₹6,012.00 Cr-4.25%0.79-₹57 Cr₹5,478 Cr
NA₹18,764.85 Cr129.94%0.59₹337 Cr₹4,465 Cr

About Route Mobile Ltd

Route Mobile Limited is a publicly listed cloud communications platform service provider founded in 2004. The company provide solutions in messaging, voice, email, SMS filtering, analytics and monetization for enterprises OTT players and MNOs. It is headquartered in Mumbai and has a presence in Asia Pacific, Middle East, Africa, Europe and Americas. The portfolio comprises solutions in conversations AI, social media, banks, ecommerce entities, and travel. There are 21 subsidiaries, 10 direct and 12 stepdown, across the regions it serves. In the Financial Year 2018-19, it was adjudged as the fastest growing company in tech and telecom, 2nd in the UK’s top fastest growing Indian companies. In 2020, the company completed an acquisition of intellectual property technology and associated customer contracts of TeleDNS Communications. For FY 2020-21, it received recognition for its UK’s fastest growing comapny, and made its maiden public offer comprising of a fresh issue of Rs 240 crore and an offer for sale of Rs 360 crore. In May 2022, the Company partnered with Teledger's Technology Private Limited to build capabilities around DLT. The acquisition of Sarv Webs and merger of Start Corp and Send Clean are also amongst its notable accomplishments in the year.

Share Price: ₹1567.60 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹9,765.20Cr as of today
Revenue: ₹1,103.42Cr as on June 2024 (Q2 24)
Net Profit: ₹81.16Cr as on June 2024 (Q2 24)
Listing date: 21 Sep, 2020
Chairperson Name: Sandipkumar Gupta
OrganisationRoute Mobile Ltd
Headquarters
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Route Mobile Ltd

  • Route Mobile Declares First Interim Dividend - 14 Oct, 2024

    Route Mobile Limited announces its first interim dividend for FY25, with a record date set for October 29, 2024. The company's Q1FY25 revenue was Rs 208 crore, with a net profit of Rs 28.21 crore. However, shares slipped 0.35% to close at Rs 1558.05 on October 14.

  • Route Mobile Projects Strong Growth Amid Challenges - 20 Sep, 2024

    Route Mobile Limited, with a market cap of ₹100.85 billion, anticipates a revenue growth of 16.8% annually, outpacing the Indian market. Despite facing regulatory challenges and a divestment by Proximus Opal, the company forecasts robust earnings growth at 20.3% per year, showcasing resilience and a strong focus on R&D.

  • Route Mobile Partners with Infosys, Stake Reduction - 17 Sep, 2024

    Route Mobile announced a strategic partnership with Infosys to enhance customer experiences and innovate in CPaaS. Additionally, promoters reduced their stake to 75% through an OFS, with SBI Mutual Fund acquiring a significant portion. The company reported a 14% YoY growth and anticipates 18% to 22% growth for the year.

  • Proximus Opal Divests Stake in Route Mobile - 16 Sep, 2024

    Proximus Opal S.A. has divested a 6.03% stake in Route Mobile through an Offer for Sale, reducing its holding to below 75% to meet SEBI's public shareholding requirements. The OFS was oversubscribed, indicating strong investor interest.

Insights on Route Mobile Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.11% to 12.30% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.75% to 6.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.03K Cr → 1.11K Cr (in ₹), with an average increase of 7.5% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.01% to 6.08% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 53.4% return, outperforming this stock by 76.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 50.2% return, outperforming this stock by 50.7%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 105.74 Cr → 78.52 Cr (in ₹), with an average decrease of 13.8% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 83.11% to 74.90% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, ROUTE stock has moved down by -11.6%

Route Mobile Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹967.34Cr (-)₹1,014.61Cr (↑4.89%)₹1,024.31Cr (↑0.96%)₹1,017.03Cr (↓0.71%)₹1,103.42Cr (↑8.49%)
Net Income₹91.69Cr (-)₹88.35Cr (↓3.64%)₹113.64Cr (↑28.62%)₹95.16Cr (↓16.26%)₹81.16Cr (↓14.71%)
Net Profit Margin9.48% (-)8.71% (↓8.12%)11.09% (↑27.32%)9.36% (↓15.60%)7.36% (↓21.37%)
Value in ₹ crore
Details2021202220232024
Total Assets₹590.20Cr (-)₹1,329.00Cr (↑125.18%)₹1,271.51Cr (↓4.33%)₹1,372.70Cr (↑7.96%)
Total Liabilities₹245.46Cr (-)₹104.03Cr (↓57.62%)₹145.05Cr (↑39.43%)₹183.93Cr (↑26.80%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹39.36Cr (-)₹93.50Cr (↑137.55%)-₹176.71Cr (↓288.99%)-₹5.75Cr (↓96.75%)₹17.77Cr (↓409.04%)

Index Inclusions

Nifty MidSmallcap 400

₹20,226.95

-1.55 (-318.85%)

S&P BSE 400 MidSmallCap

₹12,432.98

-1.5 (-189.77%)

S&P BSE 250 SmallCap

₹7,272.82

-1.48 (-109.35%)

BSE Tech

₹19,396.31

-1.22 (-239.57%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

BSE Small-Cap

₹55,648.96

-1.51 (-851.09%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

Nifty Smallcap 250

₹17,936.30

-1.65 (-300.5%)

Route Mobile Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.9%
-9.88
Foreign Institutions
6.66%
15.83
Mutual Funds
6.08%
505.04
Retail Investors
12.3%
21.65
Others
0.07%
117.33

Route Mobile Ltd Key Indicators

Details20202021202220232024
Return On Equity %21.5510.664.027.6410.91
Details20202021202220232024
Return On Assets %17.9622.5912.525.7227.32
Details2021202220232024
Book Value Per Share (₹)113266.03291.55342.35
Details2021202220232024
Earning Per Share (₹)2327.0553.3561.93

Route Mobile Ltd Valuation

Route Mobile Ltd in the last 5 years

  • Overview

  • Trends

Lowest (23.25x)

April 11, 2023

Today (26.90x)

October 18, 2024

Industry (39.56x)

October 18, 2024

Highest (90.07x)

February 17, 2021

LowHigh

Route Mobile Ltd Earnings and Dividends

  • Route Mobile Ltd Earnings Results

    Route Mobile Ltd’s net profit fell -15.06% since last year same period to ₹78.52Cr in the Q1 2024-2025. On a quarterly growth basis, Route Mobile Ltd has generated -10.87% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Route Mobile Ltd Dividends May,2024

    In the quarter ending March 2024, Route Mobile Ltd has declared dividend of ₹2 - translating a dividend yield of 0.83%.

    Read More about Dividends

Route Mobile Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Route Mobile Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Route Mobile Ltd (ROUTE) share price today is ₹1567.6

Route Mobile Ltd is listed on NSE

Route Mobile Ltd is listed on BSE

  • Today’s highest price of Route Mobile Ltd is ₹1594.8.
  • Today’s lowest price of Route Mobile Ltd is ₹1552.

PE Ratio of Route Mobile Ltd is 26.9

PE ratio = Route Mobile Ltd Market price per share / Route Mobile Ltd Earnings per share

Today’s traded volume of Route Mobile Ltd(ROUTE) is 1.20L.

Today’s market capitalisation of Route Mobile Ltd(ROUTE) is ₹9765.2Cr.

Route Mobile Ltd(ROUTEPrice
52 Week High
₹1942.45
52 Week Low
₹1386.05

Route Mobile Ltd(ROUTE) share price is ₹1567.6. It is down -19.30% from its 52 Week High price of ₹1942.45

Route Mobile Ltd(ROUTE) share price is ₹1567.6. It is up 13.10% from its 52 Week Low price of ₹1386.05

Route Mobile Ltd(ROUTEReturns
1 Day Returns
16.65%
1 Month Returns
-2.98%
3 Month Returns
-11.64%
1 Year Returns
-0.46%