Route Mobile Limited

Route Mobile Limited

ROUTENSE / BSETechnologySmall Cap

₹439.50-₹13.10 (-2.9%)

Last close · Data as of Oct 30, 2026

Market cap
₹4,089 Cr
P/E
29.4x
EV / EBITDA
22.0x
Revenue
₹832 Cr
Net margin
18.9%
ROCE
6.3%

-39.1% over the last year

Route Mobile Limited price, 1Y

Daily closes.

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Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools

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Performance

Price change over each period, before dividends.

1M
-1.3%
3M
-20.4%
6M
-16.5%
1Y
-39.1%
5Y
-78.0%

52-week range

Day change -₹13.10 (-2.9%) from ₹453 to ₹440 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in ROUTE, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year net profit CAGR of 73.6%

Concerns1

  • Other income is 64.1% of PBT — a large share of earnings is non-operating

Rule-based from financial data. Not advice.

About the company

Route Mobile Limited provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally. The company offers messaging, voice, e-mail, short message service (SMS) filtering, analytics, and monetization solutions.

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Route Mobile Limited provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally. The company offers messaging, voice, e-mail, short message service (SMS) filtering, analytics, and monetization solutions. It also provides A2P messaging that includes SMS, 2-way messaging, and Acculync; enterprise email communication, RCS messaging, and OTT messaging solutions; voice application services; voice services comprising interactive voice response, Click2Call, missed call facility, and outbound dialer; and communications platform and managed service solutions, such as A2P SMS firewall and filtering, analytics, monetization, hubbing, SMSC, and MMSC solutions to mobile network operators. In addition, the company offers digital identity and security services; business process outsourcing (BPO) voice services, such as customer care, technical support, and booking assistance and payment collection services; and BPO non-voice services comprising client support through email and chat, IT helpdesk, and billing and data processing. Further, it provides its cloud-communication services to clients in the banking and financial, aviation, retail, e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceutical, and telecom sectors. The company was incorporated in 2004 and is headquartered in Mumbai, India. Route Mobile Limited is a subsidiary of Proximus Global SA.

Sector
Technology
Shares outstanding
6.3 Cr shares
ISIN
INE450U01017
BSE code
543228

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹4,089 Cr
P/E
29.4x
P/B
3.2x
EV / EBITDA
22.0x
EV / Sales
5.8x
P/S
6.1x
Earnings yield
3.4%
52-week high
₹737.80
52-week low
₹415.35

Profitability

Operating margin
11.2%
Net margin
18.9%
EBITDA margin
26.2%
ROE
10.6%
ROCE
6.3%
ROA
9.2%
Dividend payout
55.0%
Tax rate
19.0%
Other income, % of PBT
64.1%

Growth

Revenue
₹832 Cr
Revenue growth, 1Y
24.7%
Revenue CAGR, 5Y
10.4%
EBITDA
₹175 Cr
EBITDA growth, 1Y
37.8%
Net profit growth, 1Y
4.0%
Net profit CAGR, 5Y
73.6%
Cash from operations
₹18.0 Cr
CFO growth, 1Y
-400.0%
Free cash flow
₹123 Cr
Asset growth, 1Y
7.9%

Solvency and efficiency

Current ratio
7.63
Debt / Equity
0.01
Debt / Assets
0.01
Debt / EBITDA
0.06
Interest coverage
37.50
Financial leverage
1.15
CFO / Net profit
0.14
Cash / Market cap
30.8%
Cash per share
₹200.45
Asset turnover
0.49
Fixed asset turnover
11.50
Capital intensity
0.09
Debtor days
140 days
Cash conversion cycle
140 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹16 was left as net profit.

Route Mobile Limited income statement flow, FY2025
Route Mobile Limited income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹711 Cr
SalesOperating profit₹121 Cr
Operating profitInterest₹2 Cr
Operating profitDepreciation₹15 Cr
Operating profitProfit before tax₹104 Cr
Other incomeProfit before tax₹68 Cr
Profit before taxTax and other₹41 Cr
Profit before taxNet profit₹131 Cr

Revenue and net profit

Revenue grew 24.7% in FY2025; net profit is the dashed line.

Route Mobile Limited revenue and net profit by fiscal year
Route Mobile Limited revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹376 Cr₹22 Cr
FY2022₹334 Cr₹28 Cr
FY2023₹536 Cr₹90 Cr
FY2024₹667 Cr₹126 Cr
FY2025₹832 Cr₹131 Cr

Cash flows

FY2025: ₹258 Cr from operations, ₹191 Cr free after investment (dashed).

Route Mobile Limited operating and free cash flow by fiscal year
Route Mobile Limited operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹94 Cr-₹108 Cr
FY2022-₹177 Cr-₹770 Cr
FY2023-₹6 Cr₹163 Cr
FY2024₹18 Cr₹38 Cr
FY2025₹258 Cr₹191 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹832 Cr+24.7%1Y
Net profit
₹131 Cr+4.0%1Y
Cash from operations
₹258 Cr
Free cash flow
₹191 Cr+402.6%1Y
Revenue CAGR, 5Y
10.4%
EBITDA CAGR, 5Y
55.9%
Net profit CAGR, 5Y
73.6%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹832 Cr₹121 Cr—₹131 Cr₹258 Cr₹191 Cr10.4%+24.7%+4.0%

Monthly returns

Month-by-month returns of ROUTE across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹1,669 Cr
Equity capital₹63 Cr
Reserves₹1,196 Cr
Borrowings₹6 Cr
Other liabilities₹404 Cr
Assets₹1,669 Cr
Fixed assets₹47 Cr
Capital work in progress₹0 Cr
Investments₹54 Cr
Other assets₹1,568 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

P/E against peers

ROUTE trades at 29.4x earnings against a peer median of 52.1x (a 44% discount).

Not shown (no positive earnings and no EV / Sales): Sterlite Technologies Limited.

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
Route Mobile LimitedROUTEthis companyP/E ↓ discount₹4,089 Cr29.4x3.2x10.6%22.0x
Sterlite Technologies Limited.STLTECH₹4,536 Cr—3.2x-7.4%26.6x
Seshaasai Technologies LimitedSTYL₹4,469 Cr20.8x3.5x38.9%15.5x
Datamatics Global Services LimitedDATAMATICS₹4,344 Cr58.9x5.0x10.4%35.0x
ASM Technologies Ltd.ASM TECHNOLO₹4,324 Cr76.6x13.6x1.9%229.0x
TechNVision Ventures LimitedTECHNVISN₹4,151 Cr4030.0x233.6x3.6%1459.8x
Avantel LimitedAVANTEL₹4,054 Cr104.0x12.0x32.0%47.6x
Pace Digitek LimitedPACEDIGITK₹3,823 Cr16.7x—43.9%11.5x
MOSCHIP TECHNOLOGIES LIMITEDMOSCHIP₹3,729 Cr95.8x10.2x2.2%163.7x
Peer median—52.1x7.8x14.5%34.2x

Year-to-date ROI

ROUTE since 1 January, against earlier years.

Historical volatility

ROUTE'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

Route Mobile Limited operating margin by fiscal year
Route Mobile Limited operating margin by fiscal year
DateOperating margin
FY20218.0%
FY20224.0%
FY20237.0%
FY202411.0%
FY202514.0%
LineFY2025
RevenueSales₹832 Cr
Costs
Interest₹2 Cr
Expenses₹712 Cr
Profit before tax₹172 Cr

Learn while you research

Academy chapters picked for Route Mobile Limited and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Growth Investing25% revenue growth is in the top tier, learn how to value growth.7 min read
  4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  5. 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
  6. 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
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