RATEGAINNSERATEGAIN TRAVEL TECHN LTDMediumNeutral
Announced Thu, 6 Aug · 13:37 IST

RateGain Q1 FY27 revenue jumps 188% post Sojern deal, EBITDA margin at 24.6%

Mgmt Guided Margin ImprovementMgmt Guided Margin PressureOrder Pipeline DisclosedInvestor Communications View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹979.00
prior close
₹1014.00
base price
In-mkt
timing
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-0.6-0.1+1.8-0.7-2.9-4.6-7.1-4.6-9.6-2.9
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AI summary

RateGain posted Q1 FY27 operating revenue of INR 785 Cr, up 187.6% YoY, driven by the Sojern acquisition. Adjusted EBITDA rose 289.3% YoY to INR 193.4 Cr with margin at 24.6%. Adjusted PAT grew 148.8% to INR 116.8 Cr. Gross margin dipped to 69.2% from 75.0% due to higher ad spend. Pipeline stood at INR 664 Cr with new contract wins of INR 141 Cr. Net debt was INR 615.4 Cr while net cash equivalents were INR 255.6 Cr. Promoter holding rose to 48.78% from 48.16%.

Likely market impact

Strong top-line and EBITDA growth, but gross margin compression and rising net debt are watchpoints for investors.