RateGain Travel Technologies Ltd. (RATEGAIN) AI Stock Analysis

• Market Cap: ₹76.53B
• Dividend Yield: N/A
• Average Volume (3M): 79.89K
• Price to Earnings (P/E): 36.3
• Beta (1Y): 0.84
• 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: 35,386
• 30 Day Avg. Volume: 79,887
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹500.50
• Price Target Upside: -22.78% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 72 Outperform
• Price Target: ₹526.00 ▼(-18.85% Downside)

RateGain Travel Technologies Ltd. demonstrates strong financial performance with robust revenue and profitability growth, supported by a stable balance sheet and effective cash flow management. The technical analysis presents mixed signals with short-term momentum being positive but overshadowed by bearish indicators. The valuation is moderate, reflecting a balanced growth outlook. 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 Travel Technologies Ltd. generates revenue primarily through the sale of its software solutions and services to businesses in the travel and hospitality industries. The company's key revenue streams include subscription fees for its software-as-a-service (SaaS) offerings, implementation and integration services, and ongoing customer support. RateGain partners with a wide range of travel and hospitality entities, leveraging these relationships to expand its market reach and enhance its product offerings. The company's earnings are significantly influenced by the travel industry's demand for data-driven solutions to improve pricing, distribution, and marketing effectiveness.

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 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.77B	10.77B	5.65B	9.57B	3.67B	3.01B
Gross Profit	5.61B	6.78B	3.12B	5.77B	1.75B	1.50B
EBITDA	2.88B	2.32B	1.06B	2.33B	474.73M	204.78M
Net Income	2.09B	2.09B	684.01M	1.45B	84.19M	-198.63M
Balance Sheet
Total Assets	19.04B	19.04B	9.45B	17.31B	7.81B	5.29B
Cash, Cash Equivalents and Short-Term Investments	11.76B	5.53B	3.21B	10.60B	3.87B	2.14B
Total Debt	160.49M	160.49M	176.91M	166.61M	180.38M	1.20B
Total Liabilities	2.21B	2.21B	2.36B	2.81B	1.62B	2.85B
Stockholders Equity	16.83B	16.83B	7.10B	14.50B	6.19B	2.44B
Cash Flow
Free Cash Flow	0.00	1.13B	474.96M	1.48B	132.09M	198.73M
Operating Cash Flow	0.00	1.20B	519.18M	1.52B	168.05M	206.04M
Investing Cash Flow	0.00	-453.85M	125.81M	-5.68B	-2.95B	-817.27M
Financing Cash Flow	0.00	-17.42M	-17.01M	5.81B	2.40B	928.83M

RateGain Travel Technologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 648.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 648.15 is above the 20-day moving average (MA) of 626.32, above the 50-day MA of 532.70, and above the 200-day MA of 538.86, indicating a bullish trend. The MACD of 36.82 indicates Positive momentum. The RSI at 68.64 is Neutral, neither overbought nor oversold. The STOCH value of 53.91 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	78 Outperform	₹40.12B	15.64	20.78%	―	12.80%	93.84%
NPST	73 Outperform	₹37.12B	101.74	43.58%	0.10%	-8.62%	-1.91%
RATEGAIN	72 Outperform	₹76.53B	36.30	―	―	8.68%	23.49%
SAKSOFT	67 Neutral	₹26.51B	22.02	17.57%	0.40%	19.50%	18.47%
RSYSTEMS	64 Neutral	₹49.33B	25.52	21.02%	3.00%	4.36%	35.84%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

RateGain Travel Technologies Ltd. Corporate Events

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.