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Route Mobile, Ltd.
(ROUTE)
Route Mobile, Ltd. (ROUTE) vs. iShares MSCI India ETF (INDA)
Route Mobile, Ltd. Business Overview & Revenue Model
Route Mobile, Ltd. Financial Statement Overview
| 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
Route Mobile, Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹45.02B | 14.66 | ― | 1.62% | 11.91% | -1.02% | |
69 Neutral | ₹108.46B | 53.56 | ― | ― | 12.06% | 16.16% | |
69 Neutral | ₹55.98B | 13.20 | ― | 3.28% | 3.31% | -11.27% | |
68 Neutral | ₹29.67B | 11.31 | ― | 1.54% | 6.36% | -54.41% | |
68 Neutral | ₹62.64B | 42.91 | ― | 1.26% | 21.31% | -16.27% | |
65 Neutral | ₹55.34B | 47.32 | ― | ― | 31.50% | 11.32% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
Route Mobile, Ltd. Corporate Events
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 notice period. The update, issued under SEBI’s Listing Obligations and Disclosure Requirements, refines the timeline of a key leadership transition, giving investors and other stakeholders clearer visibility on senior management continuity and succession planning.
The disclosure underscores Route Mobile’s adherence to Indian securities regulations on timely and detailed reporting of material managerial changes, which is increasingly scrutinized in the country’s listed corporate sector. By specifying the effective last working day, the company reduces uncertainty around executive turnover, a factor often monitored by markets for its potential implications on strategic initiatives and corporate marketing execution.
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 has fixed February 20, 2026 as the cut-off date, scheduled e-voting from March 1 to March 30, and engaged NSDL as the e-voting service provider, with results expected by April 1.
The key item of business is the regularisation and appointment of Seckin Arikan as Chairman and Non-Executive Non-Independent Director, following his earlier induction as an Additional Director effective January 22, 2026. Formal shareholder approval of his appointment via postal ballot is set to reinforce Route Mobile’s board structure and governance framework, with the resolution deemed passed on March 30, 2026 if it secures the requisite majority.
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 record date set for 13 February. The board additionally recorded the lapse of 1,500 employee stock options and confirmed tax will be deducted at source on the dividend payout in line with Indian income tax regulations.
In a significant leadership reshuffle, founder Rajdipkumar Gupta has been re-designated as managing director after relinquishing the chief executive role, with all other terms of his appointment unchanged. The company has elevated Tushar Agnihotri, formerly executive vice-president for India and APAC, to chief executive officer and key managerial personnel, signaling a strengthened leadership structure aimed at driving the next phase of sustainable and profitable growth.
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, with a record date of 13 February 2026. The board also recorded the lapse of 1,500 employee stock options and undertook key leadership changes, re-designating founder Rajdipkumar Gupta as managing director and appointing Tushar Agnihotri as chief executive officer and key managerial personnel, moves aimed at sharpening operational focus and positioning the CPaaS player for its next phase of sustainable and profitable growth.
The leadership reshuffle, which sees Agnihotri elevated from his earlier role overseeing India and APAC, is intended to strengthen governance and execution as he takes charge of day-to-day operations while working closely with Gupta on strategy. Together with the dividend payout and confirmation of financial results, the decisions signal management’s confidence in Route Mobile’s business trajectory and may reassure shareholders about continuity of strategic direction and enhanced accountability at the top.
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. The board also declared a third interim dividend of Rs. 3 per equity share for FY 2025-26, with a record date of 13 February 2026, underscoring a continued capital return to shareholders despite dividend payouts now being taxable in investors’ hands.
In governance moves, the board recorded the lapse of 1,500 employee stock options due to cessation of employment under its ESOP 2021 plan, a minor adjustment to its incentive pool. It also reshaped the leadership structure by re-designating founder Rajdipkumar Gupta as managing director after he ceded the CEO role and elevating Tushar Agnihotri, formerly executive vice president for India and APAC, to chief executive officer and key managerial personnel, a move aimed at sharpening operational focus and driving the next phase of sustainable, profitable growth in the CPaaS space.
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, with earnings per share at Rs. 15.51. Sequentially, revenue was broadly flat but profitability rebounded sharply from the prior quarter’s loss, with PAT swinging from a negative Rs. 18.83 crore in Q2 FY26 to a profit of Rs. 102.56 crore and margins improving.
Alongside the results, the board re-designated founder Rajdipkumar Gupta as managing director after he stepped down as chief executive officer, while he also took on an advisory role to Proximus Global CEO and Route Mobile group chairman Seckin Arikan, retaining his equity interest in Proximus Global. The company elevated Tushar Agnihotri to CEO and key managerial personnel with a mandate to drive growth and profitability, a leadership reshuffle that aims to bring greater strategic clarity and position Route Mobile for its next phase of sustainable, profitable expansion within the CPaaS market.
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, 2026 and available on the company’s website, is aimed at updating the market on the firm’s earnings performance and business trajectory for Q3 and the first nine months of FY 2025-26.
The disclosure, made under SEBI’s Listing Obligations and Disclosure Requirements, underscores Route Mobile’s adherence to regulatory transparency and continuous communication with investors. By formally engaging analysts through this earnings update, the company reinforces its investor-relations efforts and provides stakeholders with structured insight into its recent financial and operational developments.
Route Mobile Limited has rescinded an earlier December 18, 2025 intimation and, via a fresh approval by its Nomination and Remuneration Committee on December 24, 2025, has re-approved the allotment of 5,500 equity shares under its Employee Stock Option Plan 2017, effective upon receipt of the exercise price. Following this ESOP-related issuance, the company’s paid-up share capital has marginally increased from Rs. 62,99,75,820 to Rs. 63,00,30,820, taking the total number of equity shares outstanding from 6,29,97,582 to 6,30,03,082, a small dilution that modestly expands the equity base while continuing to use stock options as a key component of employee compensation and retention.