RateGain Travel Technologies Limited
₹799.35-₹10.60 (-1.3%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹7,819 Cr
- P/E
- 94.5x
- EV / EBITDA
- 119.9x
- Revenue
- ₹210 Cr
- Net margin
- 25.4%
- ROCE
- 1.2%
Price chart
Technical chartScreen technicals →+25.6% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -6.3%
- 3M
- -10.9%
- 6M
- +32.7%
- 1Y
- +25.6%
- 5Y
- +134.8%
52-week range
Day change -₹10.60 (-1.3%) from ₹810 to ₹799 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in RATEGAIN, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 49.0%
Concerns1
- Low return on equity of 3.4%
Rule-based from financial data. Not advice.
About the company
RateGain Travel Technologies Limited, a software as a service (SaaS) company, provides solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally.
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RateGain Travel Technologies Limited, a software as a service (SaaS) company, provides solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally. It offers data as a service, such as competitive rate intelligence for hotels, airlines, OTAs, car rentals, tour operators, and cruises; revenue optimization for car rentals and tour operators; and travel-intent for hotels, airlines, car rentals, and travel-retail. The company also provides distribution solutions for enterprise/metasearch/GDS connectivity, channel manager, and content management. In addition, it offers Martech for managed media, digital media, and social media management services. The company was formerly RateGain Travel Technologies Private Limited and changed its name to RateGain Travel Technologies Limited in 2021. RateGain Travel Technologies Limited was founded in 2004 and is based in Noida, India.
- Sector
- Technology
- Shares outstanding
- 11.8 Cr shares
- ISIN
- INE0CLI01024
- BSE code
- 543417
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹7,819 Cr
- P/E
- 94.5x
- P/B
- 5.6x
- EV / EBITDA
- 119.9x
- EV / Sales
- 44.3x
- P/S
- 45.2x
- Earnings yield
- 1.1%
- 52-week high
- ₹988.60
- 52-week low
- ₹439.15
Profitability
- Operating margin
- 9.2%
- Net margin
- 25.4%
- EBITDA margin
- 37.0%
- ROE
- 3.4%
- ROCE
- 1.2%
- ROA
- 3.3%
- Dividend payout
- 0.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 81.4%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹210 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 21.4%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹64.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 357.1%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 63.6%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 49.0%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹6.00 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -68.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹43.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 93.1%
Solvency and efficiency
- Current ratio
- 31.64
- Debt / Equity
- 0.01
- Debt / Assets
- 0.01
- Debt / EBITDA
- 0.20
- Interest coverage
- 16.00
- Financial leverage
- 1.04
- CFO / Net profit
- -0.14
- Cash / Market cap
- 10.3%
- Cash per share
- ₹67.90
- Asset turnover
- 0.13
- Fixed asset turnover
- 11.53
- Capital intensity
- 0.09
- Debtor days
- 117 days
- Cash conversion cycle
- 117 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹34 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹176 Cr |
| Sales | Operating profit | ₹34 Cr |
| Operating profit | Interest | ₹1 Cr |
| Operating profit | Depreciation | ₹4 Cr |
| Operating profit | Profit before tax | ₹29 Cr |
| Other income | Profit before tax | ₹69 Cr |
| Profit before tax | Tax and other | ₹26 Cr |
| Profit before tax | Net profit | ₹72 Cr |
Revenue and net profit
Revenue grew 21.4% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹68 Cr | ₹4 Cr |
| FY2022 | ₹73 Cr | ₹2 Cr |
| FY2023 | ₹113 Cr | ₹6 Cr |
| FY2024 | ₹173 Cr | ₹44 Cr |
| FY2025 | ₹210 Cr | ₹72 Cr |
Cash flows
FY2025: ₹0 Cr from operations, -₹42.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹5 Cr | -₹98 Cr |
| FY2022 | ₹18 Cr | -₹357 Cr |
| FY2023 | -₹19 Cr | ₹2 Cr |
| FY2024 | -₹6 Cr | -₹529 Cr |
| FY2025 | ₹0 Cr | -₹42 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹210 Cr+21.4%1Y
- Net profit
- ₹72 Cr+63.6%1Y
- Cash from operations
- ₹0 Cr
- Free cash flow
- -₹42 Cr
- Revenue CAGR, 5Y
- 14.0%
- EBITDA CAGR, 5Y
- 39.8%
- Net profit CAGR, 5Y
- 49.0%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹210 Cr | ₹34 Cr | — | ₹72 Cr | ₹0 Cr | -₹42 Cr | 5.2% | +21.4% | +63.6% |
Monthly returns
Month-by-month returns of RATEGAIN across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,422 Cr |
| Equity capital | ₹12 Cr |
| Reserves | ₹1,360 Cr |
| Borrowings | ₹12 Cr |
| Other liabilities | ₹38 Cr |
| Assets | ₹1,422 Cr |
| Fixed assets | ₹18 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹667 Cr |
| Other assets | ₹737 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
RATEGAIN trades at 94.5x earnings against a peer median of 52.1x (a 81% premium).
Not shown (no positive earnings and no EV / Sales): Tata Teleservices (Maharashtra) Ltd., Tejas Networks Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| RateGain Travel Technologies LimitedRATEGAINthis companyP/E ↑ premium | ₹7,819 Cr | 94.5x | 5.6x | 3.4% | 119.9x |
| Tata Teleservices (Maharashtra) Ltd.TTML | ₹9,130 Cr | — | -0.5x | 6.4% | 53.6x |
| BLACK BOX LIMITEDBBOX | ₹8,803 Cr | 402.0x | 18.8x | -4.8% | 628.6x |
| C.E. Info Systems LimitedMAPMYINDIA | ₹8,564 Cr | 57.0x | 10.0x | 20.9% | 45.5x |
| MTAR Technologies LimitedMTARTECH | ₹8,101 Cr | 175.0x | 10.8x | 8.3% | 69.2x |
| Thyrocare Technologies LimitedTHYROCARE | ₹7,453 Cr | 62.0x | 14.4x | 13.8% | 52.5x |
| VA Tech Wabag LimitedWABAG | ₹7,383 Cr | 25.1x | 3.9x | 15.8% | 18.1x |
| GARWARE HI-TECH FILMS LIMITEDGRWRHITECH | ₹6,982 Cr | 21.8x | 2.9x | 9.2% | 23.9x |
| Tejas Networks LimitedTEJASNET | ₹6,668 Cr | — | 2.0x | 2.6% | 21.5x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
RATEGAIN since 1 January, against earlier years.
Historical volatility
RATEGAIN's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -8.0% |
| FY2022 | -30.0% |
| FY2023 | -7.0% |
| FY2024 | 9.0% |
| FY2025 | 16.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹210 Cr |
| Costs | |
| Interest | ₹1 Cr |
| Expenses | ₹176 Cr |
| Operating profitOperating Profit | ₹34 Cr |
| Other income and charges | |
| Profit before tax | ₹98 Cr |
| Tax | |
| Net profitNet Profit | ₹72 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,422 Cr |
| Equity capitalEquity Capital | ₹12 Cr |
| Reserves | ₹1,360 Cr |
| Borrowings | ₹12 Cr |
| Other liabilitiesOther Liabilities | ₹38 Cr |
| AssetsTotal Assets | ₹1,422 Cr |
| Fixed assetsFixed Assets | ₹18 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹667 Cr |
| Other assetsOther Assets | ₹737 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹0 Cr |
| Investing cash flowCash from Investing Activity | -₹42 Cr |
| Financing cash flowCash from Financing Activity | ₹0 Cr |
| Change in cashNet Cash Flow | -₹43 Cr |
Learn while you research
Academy chapters picked for RateGain Travel Technologies Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 94.5, learn when high multiples are justified.6 min read
- 04 Growth Investing21% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read