Want to see IN:ROUTE full AI Analyst Report?
Top Page
Route Mobile, Ltd.
(ROUTE)
Select Model
Select Model
Rating:70Outperform
Price Target:
₹582.00
▲(5.13% Upside)
Action:Upgraded
Date:08/09/26
The score is driven primarily by a strong balance sheet with very low leverage and solid recent cash generation, supported by attractive valuation (low P/E and a ~2.22% dividend yield). These positives are tempered by weakening operating momentum (FY2026 revenue decline and margin compression) and bearish-to-weak technical signals (below key moving averages and negative MACD).
Positive Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: it reduces refinancing and interest risks, supports capital allocation for growth or M&A, and cushions the business through demand cycles. A conservative balance sheet is a long-term strength for operational resilience.
Negative Factors
Declining revenue trend
A revenue decline after prior growth signals weakening top-line momentum which can erode growth runway. Lower volumes or pricing pressure in messaging/CPaaS limit operating leverage and make sustained investment in product and sales more challenging across the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: it reduces refinancing and interest risks, supports capital allocation for growth or M&A, and cushions the business through demand cycles. A conservative balance sheet is a long-term strength for operational resilience.
Read all positive factors
Route Mobile, Ltd. (ROUTE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹31.83B
Dividend Yield2.37%
Average Volume (3M)11.81K
Price to Earnings (P/E)8.4
Beta (1Y)0.90
Revenue Growth-0.31%
EPS Growth-15.46%
CountryIN
Employees492
SectorGeneral
Sector StrengthN/A
IndustryTelecommunications Services
Share Statistics
EPS (TTM)60.02
Shares Outstanding63,003,082
10 Day Avg. Volume11,941
30 Day Avg. Volume11,811
Financial Highlights & Ratios
PEG Ratio-0.36
Price to Book (P/B)2.07
Price to Sales (P/S)1.30
P/FCF Ratio9.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)58.1
Revenue Forecast (FY)₹46.51B
Route Mobile, Ltd. Business Overview & Revenue Model
Company Description
Established in Mumbai, India, in 2004, Route Mobile Limited delivers sophisticated cloud-based communication platform services. The company caters to a diverse global clientele, including corporations, over-the-top (OTT) service providers, and mob...
How the Company Makes Money
Route Mobile primarily makes money by selling enterprise-grade communications and engagement services delivered through its platform, typically priced on a usage/volume basis (e.g., per message, per session, per API call, or per transaction depend...
Route Mobile, Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
86
Very Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 45.09B | 44.08B | 45.76B | 40.23B | 35.69B | 20.02B |
| Gross Profit | 7.28B | 6.27B | 6.02B | 6.60B | 7.87B | 4.20B |
| EBITDA | 4.67B | 5.09B | 5.20B | 5.70B | 4.84B | 2.38B |
| Net Income | 2.48B | 2.39B | 3.19B | 3.75B | 3.27B | 1.66B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 35.56B | 38.26B | 34.72B | 28.85B | 26.59B |
| Cash, Cash Equivalents and Short-Term Investments | 14.06B | 14.34B | 13.49B | 6.43B | 8.12B | 10.40B |
| Total Debt | 0.00 | 419.80M | 4.68B | 3.78B | 1.40B | 162.20M |
| Total Liabilities | -28.22B | 7.35B | 13.62B | 13.01B | 10.57B | 9.84B |
| Stockholders Equity | 28.22B | 27.70B | 24.32B | 21.50B | 18.20B | 16.73B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.85B | 5.81B | -1.33B | 351.50M | 1.17B |
| Operating Cash Flow | 0.00 | 6.12B | 6.02B | -975.90M | 732.10M | 1.35B |
| Investing Cash Flow | 0.00 | -545.60M | -2.60B | -21.20M | 1.12B | -8.38B |
| Financing Cash Flow | 0.00 | -5.25B | -337.90M | 1.58B | -1.08B | 8.24B |
Route Mobile, Ltd. Technical Analysis
Negative
553.60
Price Trends
538.57
Negative
519.53
Negative
570.26
Negative
Market Momentum
-7.84
Positive
36.46
Neutral
7.88
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ROUTE, the sentiment is Negative. The current price of 553.6 is above the 20-day moving average (MA) of 542.78, above the 50-day MA of 538.57, and below the 200-day MA of 570.26, indicating a bearish trend. The MACD of -7.84 indicates Positive momentum. The RSI at 36.46 is Neutral, neither overbought nor oversold. The STOCH value of 7.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ROUTE.
Route Mobile, Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹31.83B | 8.42 | ― | 2.18% | -0.31% | -15.46% | |
67 Neutral | ₹12.42T | 41.55 | ― | 1.26% | 19.63% | -18.80% | |
60 Neutral | ₹489.67B | 51.77 | ― | 1.39% | 8.12% | -33.60% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹6.71B | -12.05 | ― | ― | -10.54% | -564.24% | |
49 Neutral | ₹75.46B | 203.11 | ― | ― | -7.19% | ― | |
47 Neutral | ₹1.53T | 4.92 | ― | ― | 3.30% | ― |
* General Sector Average
IN:ROUTE
Route Mobile, Ltd.
505.20
-362.40
-41.77%
IN:BHARTIARTL
Bharti Airtel Limited
1,992.00
122.63
6.56%
IN:IDEA
Vodafone Idea Ltd
14.10
7.64
118.27%
IN:ONMOBILE
OnMobile Global Limited
63.12
9.71
18.18%
IN:TATACOMM
Tata Communications Limited
1,718.05
58.60
3.53%
IN:TTML
Tata Teleservices (Maharashtra) Limited
38.60
-20.05
-34.19%
Route Mobile, Ltd. Corporate Events
Route Mobile Sets Virtual AGM, Proposes Final Dividend for FY 2025-26
Aug 1, 2026
Route Mobile Limited has announced that its twenty-second annual general meeting will be held on September 2, 2026, at 3:30 p.m. IST via video conferencing and other audio-visual means, with National Securities Depository Limited providing remote ...
Route Mobile Subsidiary Masivian Reports Localized Cyber Security Incident in Colombia
Jun 25, 2026
Route Mobile Limited has reported that a cyber security incident occurred at Masivian S.A.S, its step-down wholly owned subsidiary in South America, affecting certain systems and customers in Colombia. The company emphasized that the breach is con...
Route Mobile Publishes Audited FY26 Results in Line with Disclosure Norms
May 9, 2026
Route Mobile Limited announced that its board has approved the audited financial results for the quarter and full year ended 31 March 2026, with the results published in English and Marathi newspapers in compliance with Indian securities listing r...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.