RateGain Travel Technologies Ltd. (RATEGAIN) AI Stock Analysis

• Market Cap: ₹80.90B
• Dividend Yield: N/A
• Average Volume (3M): 73.89K
• Price to Earnings (P/E): 38.4
• Beta (1Y): 0.88
• Revenue Growth: 8.68%
• EPS Growth: 23.49%
• Country: IN
• Employees: 590
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 4.00
• Shares Outstanding: 118,079,760
• 10 Day Avg. Volume: 40,190
• 30 Day Avg. Volume: 73,889
• PEG Ratio: 0.70
• Price to Book (P/B): 3.15
• Price to Sales (P/S): 4.92
• P/FCF Ratio: 46.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: ₹526.00 ▼(-21.56% Downside)

RateGain Travel Technologies Ltd. scores well due to its strong financial performance, characterized by robust revenue growth and financial stability. Technical analysis shows positive momentum, though recent weakness is noted. The valuation is a concern, with a high P/E ratio suggesting potential overvaluation. The absence of earnings call data and corporate events does not impact the score.

RateGain Travel Technologies Ltd. Business Overview & Revenue Model

Company Description

RateGain Travel Technologies Limited, a Software as a Service (SaaS) company, offers solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally. The company offers AirGain, an airfare pricing intelligence product for the airlines industry; CarGain, a car rental market intelligence and parity audit product; FerryGain, an AI enabled revenue management product designed specifically for ferries; Optima, a real-time rate intelligence platform; PriceGain; Rate Parity; RezGain, an AI enabled smart distribution channel manager; DHISCO Switch that enables hotels to drive reservations connects the hotel and hospitality chains with demand channels using switch technology; and smart distribution products. It also provides integrated distribution channel management, CRS level connectivity, business intelligence, and content management. The company serves hotels, airlines, online travel agents (OTAs), meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises, and ferries. RateGain Travel Technologies Limited was founded in 2004 and is based in Noida, India. RateGain Travel Technologies Limited was a former subsidiary of RateGain Technology Inc.

How the Company Makes Money

RateGain generates revenue primarily through subscription-based models for its software solutions, where clients pay recurring fees for access to its platforms and services. Key revenue streams include licensing fees for its revenue management and distribution software, professional services for implementation and support, and consulting services aimed at optimizing client operations. Additionally, RateGain benefits from strategic partnerships with major players in the travel industry, enhancing its market reach and providing bundled services that drive customer retention and upsell opportunities.

RateGain Travel Technologies Ltd. Financial Statement Overview

Summary

RateGain Travel Technologies Ltd. exhibits strong financial health across all key statements. The income statement reflects robust revenue and profitability growth, while the balance sheet shows financial stability with low leverage and strong equity. Cash flow management is effective, ensuring sufficient liquidity for operations and investments. The company's financial position is well-balanced, with opportunities for growth and minimal financial risk.

Income Statement

RateGain Travel Technologies Ltd. has shown significant improvement in its income statement over the years. The gross profit margin has consistently increased, indicating efficient cost management. The net profit margin has also improved, reflecting strong profitability growth. Revenue growth is robust, with a notable increase from the previous year, suggesting strong demand and market penetration. EBIT and EBITDA margins have improved significantly, showcasing operational efficiency. Overall, the income statement demonstrates strong growth and profitability.

Balance Sheet

The balance sheet of RateGain Travel Technologies Ltd. reveals a solid financial structure with a healthy equity ratio, indicating a strong equity position relative to total assets. The debt-to-equity ratio is low, showcasing low leverage and financial stability. The return on equity (ROE) is impressive, highlighting effective utilization of shareholders' equity to generate profits. The company maintains a strong cash position, contributing to financial flexibility. Overall, the balance sheet reflects a stable and robust financial position with minimal risk.

Cash Flow

The cash flow statement indicates effective cash management, with a positive trend in free cash flow, demonstrating the company's ability to generate cash after capital expenditures. The operating cash flow to net income ratio is healthy, suggesting good cash conversion from profits. However, the free cash flow growth rate has seen some fluctuations, pointing to varying capital expenditure levels. Overall, the company has a stable cash flow position, supporting its operational needs and investment opportunities.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.90B	10.77B	9.57B	5.65B	3.67B	2.51B
Gross Profit	6.84B	6.78B	5.77B	3.12B	991.73M	309.97M
EBITDA	2.91B	2.32B	2.33B	1.06B	474.73M	204.78M
Net Income	2.10B	2.09B	1.45B	684.01M	84.19M	-285.75M
Balance Sheet
Total Assets	0.00	19.04B	17.31B	9.45B	7.81B	5.29B
Cash, Cash Equivalents and Short-Term Investments	11.76B	5.53B	10.60B	3.17B	3.87B	1.86B
Total Debt	0.00	160.49M	166.61M	176.91M	180.38M	1.17B
Total Liabilities	-16.83B	2.21B	2.81B	2.36B	1.62B	2.85B
Stockholders Equity	16.83B	16.83B	14.50B	7.10B	6.19B	2.44B
Cash Flow
Free Cash Flow	0.00	1.13B	1.48B	474.96M	132.09M	198.73M
Operating Cash Flow	0.00	1.20B	1.52B	519.18M	168.05M	206.04M
Investing Cash Flow	0.00	-453.85M	-5.68B	125.81M	-2.95B	-817.27M
Financing Cash Flow	0.00	-17.42M	5.81B	-17.01M	2.40B	928.83M

RateGain Travel Technologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 670.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RATEGAIN, the sentiment is Positive. The current price of 670.6 is above the 20-day moving average (MA) of 658.31, above the 50-day MA of 640.33, and above the 200-day MA of 532.15, indicating a bullish trend. The MACD of 7.99 indicates Negative momentum. The RSI at 55.64 is Neutral, neither overbought nor oversold. The STOCH value of 68.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:RATEGAIN.

RateGain Travel Technologies Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CIGNITITEC	75 Outperform	₹46.68B	16.22	―	―	13.58%	104.94%
RSYSTEMS	73 Outperform	₹48.58B	25.73	―	3.05%	8.36%	36.68%
RATEGAIN	72 Outperform	₹80.90B	38.37	―	―	8.68%	23.49%
SAKSOFT	68 Neutral	₹26.20B	21.76	―	0.41%	19.50%	18.47%
NPST	66 Neutral	₹33.45B	91.68	―	0.12%	-8.62%	-1.91%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

RateGain Travel Technologies Ltd. Corporate Events

RateGain Unveils SoHo: AI-Driven Social Media Solution for Hotels

RateGain Travel Technologies Limited has launched SoHo, an AI-powered social media solution aimed at transforming hotel guest engagement by turning social media into a revenue-driving channel. This rebranding of BCV reflects the shift from a brand-led to a guest-led journey, where social media plays a crucial role in discovery and decision-making. SoHo integrates content creation, publishing, engagement, and influencer marketing into a single platform, enabling hoteliers to maximize every interaction and drive revenue. The launch signifies a strategic move to adapt to changing traveler behaviors and enhance the hospitality industry’s use of social media.

RateGain’s AI-Powered Pricing Boosts Payless Costa Rica’s Bookings by 21%

RateGain Travel Technologies Limited announced that Payless Costa Rica has successfully implemented its AI-driven platform, Rev-AI, to enhance revenue management operations. This deployment led to a 21.1% increase in bookings and a 16.5% revenue growth over four months. The platform automates daily rate updates, provides forward-looking demand visibility, and applies location-based pricing, enabling Payless Costa Rica to plan proactively and maintain competitive pricing. This strategic move positions Payless Costa Rica to respond swiftly to market changes and sustain profitable growth.

RateGain Approves Grant of 20,724 Stock Appreciation Rights

RateGain Travel Technologies Ltd. has announced the approval of 20,724 Stock Appreciation Rights (SARs) under its 2022 SAR Scheme. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational dynamics by aligning employee interests with company performance and enhancing its competitive position in the travel technology industry.

RateGain Allots Shares to Employees Under SAR Scheme 2022

RateGain Travel Technologies Ltd. has announced the allotment of 2,384 equity shares under its Stock Appreciation Rights Scheme 2022 to eligible employees. This move slightly increases the company’s paid-up equity share capital, reflecting its commitment to employee incentives and aligning with its growth strategy. The allotment is expected to enhance employee engagement and retention, potentially strengthening the company’s market position.

RateGain Addresses Trading Volume Surge, Confirms Regulatory Compliance

RateGain Travel Technologies Ltd. addressed a significant increase in trading volume of its securities, confirming compliance with SEBI regulations and asserting that there is no undisclosed or price-sensitive information affecting the company’s operations. The company reassured stakeholders of its commitment to transparency and regulatory adherence, emphasizing that any material events will be promptly communicated to the stock exchanges.

RateGain Announces Financial Results and Board Restructuring

RateGain Travel Technologies Ltd. announced the approval of its unaudited financial results for the quarter ending June 30, 2025, and the appointment of RMG & Associates as the Secretarial Auditor for a five-year term. Additionally, the company reported the resignation of Mr. EC RajaKumar Konduru as a Non-Executive Independent Director and the appointment of Mr. Aakrit Ajay Kumar Vaish as an Additional Independent Director. These changes led to the reconstitution of several board committees, reflecting the company’s ongoing efforts to strengthen its governance and operational framework.