Route Mobile, Ltd. (IN:ROUTE)
:ROUTE
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Route Mobile, Ltd.
(ROUTE)
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Rating:68Neutral
Price Target:
₹523.00
▼(-28.44% Downside)
Action:ReiteratedDate:03/19/26
The score is driven primarily by strong financial performance (healthy growth profile, solid balance sheet, improving free cash flow) but is materially offset by very weak technicals (below key moving averages and negative MACD). Valuation is supportive with a modest P/E and a moderate dividend yield.
Positive Factors
Multi-year revenue growth
Consistent multi-year revenue expansion from 9.56bn to 45.76bn demonstrates sustained product-market fit and rising enterprise adoption of CPaaS. Durable top-line growth supports scale economies, stronger operator relationships, and long-term market share gains if execution holds.
Negative Factors
Low gross profit margin (~15%)
A gross margin near 15% is modest for a tech-enabled services provider; limited margin headroom constrains capacity to fund higher-cost R&D, sales expansion, or absorb sustained cost inflation. Long-term margin pressure would reduce cash available for strategic investments.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year revenue growth
Consistent multi-year revenue expansion from 9.56bn to 45.76bn demonstrates sustained product-market fit and rising enterprise adoption of CPaaS. Durable top-line growth supports scale economies, stronger operator relationships, and long-term market share gains if execution holds.
Read all positive factors
Route Mobile, Ltd. (ROUTE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹27.75B
Dividend Yield1.54%
Average Volume (3M)11.81K
Price to Earnings (P/E)11.3
Beta (1Y)0.95
Revenue Growth6.36%
EPS Growth-54.41%
CountryIN
Employees492
SectorTechnology
Sector Strength88
IndustryTelecommunications Services
Share Statistics
EPS (TTM)13.62
Shares Outstanding63,003,082
10 Day Avg. Volume11,941
30 Day Avg. Volume11,811
Financial Highlights & Ratios
PEG Ratio-1.25
Price to Book (P/B)2.52
Price to Sales (P/S)1.34
P/FCF Ratio10.57
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)59.64
Revenue Forecast (FY)₹43.88B
Route Mobile, Ltd. Business Overview & Revenue Model
Company Description
Route Mobile Limited provides cloud-communication platform services to enterprises, over-the-top players, and mobile network operators in Africa, the Asia Pacific, Europe, the Middle East, and North America. The company offers messaging, voice, em...
How the Company Makes Money
Route Mobile generally makes money by selling cloud-based communications and customer engagement services, primarily through usage-based and platform/service fees tied to the volume of communications its customers send or manage. A core revenue st...
Route Mobile, Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
80
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 45.23B | 45.76B | 40.23B | 35.69B | 20.02B | 14.06B |
| Gross Profit | 6.74B | 6.02B | 6.60B | 7.87B | 4.20B | 2.77B |
| EBITDA | 5.39B | 5.20B | 5.70B | 4.84B | 2.38B | 1.90B |
| Net Income | 2.94B | 3.19B | 3.75B | 3.27B | 1.66B | 1.33B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 38.26B | 34.72B | 28.85B | 26.59B | 10.22B |
| Cash, Cash Equivalents and Short-Term Investments | 13.49B | 13.49B | 6.43B | 8.12B | 10.40B | 4.80B |
| Total Debt | 0.00 | 4.68B | 3.78B | 1.40B | 162.20M | 199.60M |
| Total Liabilities | -24.64B | 13.62B | 13.01B | 10.57B | 9.84B | 3.73B |
| Stockholders Equity | 24.64B | 24.32B | 21.50B | 18.20B | 16.73B | 6.52B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.81B | -1.33B | 351.50M | 1.17B | 2.14B |
| Operating Cash Flow | 0.00 | 6.02B | -975.90M | 732.10M | 1.35B | 2.22B |
| Investing Cash Flow | 0.00 | -2.60B | -21.20M | 1.12B | -8.38B | -2.26B |
| Financing Cash Flow | 0.00 | -337.90M | 1.58B | -1.08B | 8.24B | 2.11B |
Route Mobile, Ltd. Technical Analysis
Negative
730.90
Price Trends
532.88
Negative
609.75
Negative
744.50
Negative
Market Momentum
-23.28
Negative
33.55
Neutral
19.67
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 730.9 is above the 20-day moving average (MA) of 471.73, above the 50-day MA of 532.88, and below the 200-day MA of 744.50, indicating a bearish trend. The MACD of -23.28 indicates Negative momentum. The RSI at 33.55 is Neutral, neither overbought nor oversold. The STOCH value of 19.67 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 (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹43.29B | 14.66 | ― | 1.62% | 11.91% | -1.02% | |
69 Neutral | ₹110.08B | 53.56 | ― | ― | 12.06% | 16.16% | |
69 Neutral | ₹52.76B | 13.20 | ― | 3.28% | 3.31% | -11.27% | |
68 Neutral | ₹27.75B | 11.31 | ― | 1.54% | 6.36% | -54.41% | |
68 Neutral | ₹59.30B | 42.91 | ― | 1.26% | 21.31% | -16.27% | |
65 Neutral | ₹53.87B | 47.32 | ― | ― | 31.50% | 11.32% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
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Route Mobile, Ltd. Corporate Events
Route Mobile Clarifies Exit Timeline of Senior Marketing Executive
Mar 4, 2026
Route Mobile Limited has clarified that its Chief Corporate Marketing Officer and Senior Management Personnel, Milind Pathak, who earlier tendered his resignation, will remain with the company until April 8, 2026, in line with his contractual noti...
Route Mobile Seeks Shareholder Nod via E-Vote to Confirm New Chairman
Feb 26, 2026
Route Mobile Ltd. has initiated a postal ballot process conducted entirely through remote e-voting to seek shareholder approval on a special business resolution, in line with India’s Companies Act and SEBI listing regulations. The company ha...
Route Mobile Declares Third Interim Dividend and Reshapes Top Leadership
Feb 9, 2026
Route Mobile’s board has approved its unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, while also declaring a third interim dividend of Rs 3 per share for FY 2025-26, with a reco...
Route Mobile clears Q3 FY26 results, announces interim dividend and reshapes top leadership
Feb 9, 2026
Route Mobile Limited’s board has approved its unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, and declared a third interim dividend of Rs. 3 per equity share for FY 2025-26, wit...
Route Mobile Clears Q3 Results, Announces Interim Dividend and Reshapes Top Leadership
Feb 9, 2026
Route Mobile Limited’s board approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, clearing the way for publication of the numbers and continued regulatory compliance. Th...
Route Mobile Delivers Profit Rebound and Reshapes Top Leadership in Q3 FY26
Feb 9, 2026
Route Mobile Limited reported consolidated revenue from operations of Rs. 1,107.06 crore for the third quarter of FY26, slightly lower year-on-year, while profit before tax rose to Rs. 135.21 crore and profit after tax climbed to Rs. 102.56 crore,...
Route Mobile Publishes Investor Presentation on Q3 and Nine-Month FY 2025-26 Results
Feb 9, 2026
Route Mobile Limited has released an investor presentation linked to its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The presentation, to be shared with analysts on February 10, ...
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.