RATEGAINNSERategain Travel Technologies LimitedMediumNeutral
Announced Fri, 13 Feb · 12:42 IST

Rategain Travel Technologies Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin PressureOrder Pipeline DisclosedPromoter Disclosed Acquisition PlansInvestor Communications View source PDF

RATEGAIN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RateGain reported Q3 FY2026 revenue of INR 5,400.3 Mn, up 93.8% YoY, largely boosted by the November 2025 acquisition of Sojern which expanded its customer base to 13,000+ travel brands globally. However, profitability was hit hard — Q3 PAT fell to INR 264.5 Mn (margin down to 4.9% from 20.3% YoY) due to one-time M&A expenses of INR 346.2 Mn, higher amortization and finance costs. Q3 EBITDA margin also slipped to 16.1% from 22.1%. For 9MFY2026, revenue grew 35.8% to INR 11,080 Mn while EBITDA margin moderated to 17.2% from 21.0%. The company highlighted a healthy order pipeline of INR 5,625 Mn and new contract wins of INR 2,506.5 Mn.

Likely market impact

Near-term margins are under pressure from Sojern integration costs and one-time charges, but the acquisition meaningfully expands scale and long-term growth potential. Shareholders should monitor margin recovery as cost synergies and operating leverage from Sojern kick in over coming quarters.