Roadzen Inc (RDZN) AI Stock Analysis

• Market Cap: $68.37M
• Dividend Yield: N/A
• Average Volume (3M): 224.24K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.21
• Revenue Growth: -7.62%
• EPS Growth: 86.51%
• Country: US
• Employees: 368
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.05
• Shares Outstanding: 76,021,750
• 10 Day Avg. Volume: 331,375
• 30 Day Avg. Volume: 224,236
• 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: 1.24
• Enterprise Value/Revenue: 1.83
• Enterprise Value/Gross Profit: 2.99
• Enterprise Value/Ebitda: -3.28
• 1Y Price Target: $2.50
• Price Target Upside: 142.72% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 48 Neutral
• Price Target: $1.00 ▼(-2.91% Downside)

The overall stock score is primarily impacted by significant financial challenges, including persistent losses and high leverage. Technical analysis suggests a neutral trend, but bearish momentum could be a concern. Valuation metrics indicate potential overvaluation due to negative earnings and lack of dividends.

Positive Factors

Strategic Financing

The successful financing for the India subsidiary provides growth capital and establishes a strong valuation, enhancing Roadzen's strategic position in a key market.

Innovative Business Model

Roadzen's tech-driven approach in insurance and automotive sectors positions it well for long-term growth, leveraging data analytics to offer tailored solutions.

High Gross Profit Margin

A strong gross profit margin indicates efficient cost management and pricing power, supporting long-term profitability potential despite current challenges.

Negative Factors

High Leverage

High leverage and negative equity pose financial risks, limiting flexibility and increasing vulnerability to economic downturns, impacting long-term stability.

Negative Cash Flow

Persistent negative cash flow indicates operational inefficiencies and challenges in sustaining business operations without external financing, impacting long-term viability.

Profitability Challenges

Ongoing profitability issues suggest operational challenges that need addressing to achieve sustainable growth and improve financial health over the long term.

Roadzen Inc Business Overview & Revenue Model

Company Description

RoadZen, lnc. provides an online on-demand roadside assistance services with a network of towing and roadside repair providers in India. The company suite enables Insurers and Automotive OEMs with real-time customer interactions, rapid claims processing, and better risk underwriting services. It also offers services in the areas of towing and removal, battery jumpstart, flat tire support, locked out/lost keys, fuel problems, and roadside assistance. The company was incorporated in 2015 and is based in New Delhi, India.

How the Company Makes Money

Roadzen Inc generates revenue through a combination of digital insurance platforms, telematics services, and data analytics solutions. The company partners with insurance providers, automotive manufacturers, and fleet operators to offer tailored insurance products and services that leverage telematics data. By utilizing vehicle data analytics, Roadzen helps insurers assess risk more accurately and offer personalized insurance plans. Additionally, Roadzen may earn revenue through licensing its technology platforms and providing consulting services to businesses in the insurance and automotive sectors.

Roadzen Inc Financial Statement Overview

Summary

Roadzen Inc. shows revenue growth but is hindered by substantial losses and negative margins, indicating operational inefficiencies. The balance sheet highlights significant financial risk with negative equity and high leverage. Cash flow issues persist, limiting financial flexibility. The company's financial health is concerning, requiring strategic changes to improve profitability and stabilize finances.

Income Statement

Roadzen Inc. exhibits consistent revenue growth, with a significant increase in total revenue over the years. However, the company struggles with profitability, as indicated by negative gross profit margins in earlier years and persistent negative net income. EBIT and EBITDA margins are also negative, highlighting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet reveals financial instability, marked by negative stockholders' equity, which has worsened over time. The debt-to-equity ratio is not calculable due to negative equity, indicating a high-risk leverage position. The company’s equity ratio is also negative, further emphasizing the financial distress and potential solvency risks.

Cash Flow

Roadzen Inc. faces challenges with cash flow management, demonstrated by consistent negative free cash flows. The operating cash flow remains negative, indicating difficulties in generating cash from core operations. Free cash flow to net income ratio is unfavorable, reflecting the inability to cover net losses through cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	46.23M	44.30M	46.72M	13.56M	9.99M	1.16M
Gross Profit	28.35M	25.46M	28.59M	8.15M	5.18M	-195.16K
EBITDA	-25.88M	-67.81M	-95.41M	-11.84M	-4.87M	-2.64M
Net Income	-28.47M	-72.87M	-99.67M	-14.02M	-9.74M	-15.64M
Balance Sheet
Total Assets	32.96M	32.58M	58.14M	15.18M	15.87M	17.09M
Cash, Cash Equivalents and Short-Term Investments	3.25M	5.03M	40.48M	589.34K	913.64K	4.63M
Total Debt	24.54M	23.86M	20.08M	8.95M	23.72M	21.48M
Total Liabilities	61.75M	58.27M	68.64M	66.26M	52.83M	44.20M
Stockholders Equity	-28.08M	-25.07M	-10.07M	-50.85M	-36.88M	-27.10M
Cash Flow
Free Cash Flow	-16.10M	-18.57M	-15.88M	-8.39M	-5.15M	-5.10M
Operating Cash Flow	-15.40M	-18.14M	-15.43M	-7.55M	-4.07M	-4.71M
Investing Cash Flow	-1.54M	-115.62K	-6.71M	-841.36K	-1.15M	-2.80M
Financing Cash Flow	12.15M	11.74M	21.57M	8.36M	851.94K	-24.19K

Roadzen Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.03
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RDZN, the sentiment is Positive. The current price of 1.03 is above the 20-day moving average (MA) of 0.93, below the 50-day MA of 1.04, and below the 200-day MA of 1.17, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 58.83 is Neutral, neither overbought nor oversold. The STOCH value of 60.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RDZN.

Roadzen Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NTWK	69 Neutral	$54.21M	18.61	8.04%	―	7.65%	311.31%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
UPLD	51 Neutral	$65.60M	―	-208.78%	―	-12.09%	62.51%
YXT	51 Neutral	$59.47M	6.90	-144.38%	―	―	―
SURG	49 Neutral	$53.53M	―	-210.94%	―	-67.73%	-2274.78%
RDZN	48 Neutral	$68.37M	―	64547968.94%	―	-7.62%	86.51%
PHUN	37 Underperform	$56.52M	―	-21.38%	―	―	―

Roadzen Inc Corporate Events

Roadzen Inc Completes Securities Offering for $2.25 Million

On July 27, 2025, Roadzen Inc. entered into agreements for a securities offering, selling 1,730,769 ordinary shares at $1.30 each, which closed on July 29, 2025. The offering raised gross proceeds of approximately $2.25 million, intended for working capital, corporate purposes, and possibly debt repayment, enhancing Roadzen’s financial flexibility and market positioning.

Roadzen Inc Secures $2.25M from Share Sale

On July 24, 2025, Roadzen Inc. entered into securities purchase agreements with institutional investors to sell 1,803,134 ordinary shares at $1.25 each, totaling approximately $2.25 million. Avacara PTE Ltd., a significant shareholder led by Roadzen’s CEO Rohan Malhotra, purchased 104,000 shares. Additionally, Roadzen agreed to file a registration statement for the resale of these shares by October 27, 2025. The company also amended the vesting dates of restricted stock units for its top executives, extending them by one year to September and November 2026, respectively.