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Route Mobile Ltd (ROUTE)

₹1822.22.66%

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Overview
News
Financials
Q3 '23 Results
Technicals

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 ₹1832.5

Source: S&P Global Market Intelligence

Route Mobile Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,785
    ₹1,942.45
  • 52 Week's Low

    52 Week's High

    ₹1,386.05
    ₹1,942.45
1 Month Return+ 13.97 %
3 Month Return+ 13.55 %
1 Year Return+ 19.29 %
Previous Close₹1,775.05
Open₹1,786.00
Volume17.06L
Upper Circuit-
Lower Circuit-
Market Cap₹11,145.28Cr

Key Statistics

P/E Ratio29.61
PEG Ratio3.87
Market Cap₹11,145.28 Cr
P/B Ratio7.58
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
UTI Small Cap Fund Direct GrowthUTI Small Cap Fund Direct Growth0.87%
ICICI Prudential Technology Fund Direct Plan GrowthICICI Prudential Technology Fund Direct Plan Growth0.2%
ITI Small Cap Fund Direct GrowthITI Small Cap Fund Direct Growth0.92%
UTI Innovation Fund Direct GrowthUTI Innovation Fund Direct Growth2.82%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.27%

Company Information

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: ₹1822.20 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹11,145.28Cr as of today
Revenue: ₹1,017.03Cr as on March 2024 (Q1 24)
Net Profit: ₹95.16Cr as on March 2024 (Q1 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 Shares Surge on Partnership with Microsoft and Proximus Group - 27 Jun, 2024

    Shares of Route Mobile Ltd surged over 15% to reach a 52-week high of Rs 1,894.4 after the company announced a strategic partnership with Microsoft and Proximus Group for collaboration on digital communications and cloud. The partnership promises to drive innovation, improve service delivery, and secure digital communications and operations.

  • Route Mobile Shares Surge After Enabling WhatsApp-Based Ticketing - 24 Jun, 2024

    Route Mobile's partnership with Billeasy to enable WhatsApp-based ticketing for four Indian metros has caused its share price to soar, reaching a 52-week high of Rs 1,798.70. The company is now the largest enabler for such services in India.

  • Route Mobile Ltd's P/E Ratio Suggests a Buy Opportunity - 11 Jun, 2024

    Route Mobile Ltd's P/E ratio of 26.4x is lower than the market average, but its lacklustre earnings performance may be why. Investors may not see much potential for future growth, making it difficult for existing shareholders to get excited about the share price.

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 14.27% to 20.33% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, ROUTE stock has moved up by 14.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 35.2% return, outperforming this stock by 15.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 50.1% return, outperforming this stock by 66.9%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.05K Cr → 1.03K Cr (in ₹), with an average decrease of 2.7% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 21.59% to 15.84% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 2.38% to 2.35% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 105.74 Cr → 88.1 Cr (in ₹), with an average decrease of 16.7% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 58.15% to 58.00% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,017.03Cr
↓0.71%
Net Income
₹95.16Cr
↓16.26%
Net Profit Margin
9.36%
↓15.60%
2023Y/Y Change
Revenue
₹3,569.23Cr
↑78.28%
Net Income
₹333.11Cr
↑95.85%
Net Profit Margin
9.33%
↑9.76%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,271.51Cr
↓4.33%
Total Liabilities
₹145.05Cr
↑39.43%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹5.75Cr
↓96.75%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
58%
0.00
Foreign Institutions
15.84%
0.00
Mutual Funds
2.35%
0.00
Retail Investors
20.33%
0.00
Others
3.49%
0.00

Key Indicators

Route Mobile Ltd Valuation

Route Mobile Ltd in the last 5 years

  • Overview

  • Trends

Lowest (23.25x)

April 11, 2023

Today (29.61x)

July 12, 2024

Industry (36.14x)

July 12, 2024

Highest (90.07x)

February 17, 2021

LowHigh

Earnings and Dividends

  • Route Mobile Ltd Earnings Results

    Route Mobile Ltd’s net profit fell -13.3% since last year same period to ₹88.10Cr in the Q4 2023-2024. On a quarterly growth basis, Route Mobile Ltd has generated -16.68% 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 0.73%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

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Route Mobile Ltd (ROUTE) share price today is ₹1822.2

Route Mobile Ltd is listed on NSE

Route Mobile Ltd is listed on BSE

  • Today’s highest price of Route Mobile Ltd is ₹1942.45.
  • Today’s lowest price of Route Mobile Ltd is ₹1785.

PE Ratio of Route Mobile Ltd is 29.61

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 17.06L.

Today’s market capitalisation of Route Mobile Ltd(ROUTE) is ₹11145.28Cr.

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

Route Mobile Ltd(ROUTE) share price is ₹1822.2. It is down -6.19% from its 52 Week High price of ₹1942.45

Route Mobile Ltd(ROUTE) share price is ₹1822.2. It is up 31.47% from its 52 Week Low price of ₹1386.05

Route Mobile Ltd(ROUTEReturns
1 Day Returns
47.15%
1 Month Returns
13.97%
3 Month Returns
13.55%
1 Year Returns
19.29%