RATEGAINNSERategain Travel Technologies LimitedMediumNeutral
Announced Thu, 21 May · 13:57 IST

Rategain Travel Technologies Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin PressureOrder Pipeline DisclosedAnalyst Day Multiyear TargetsInvestor Communications View source PDF

RATEGAIN · price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
+7.8%1-day move
₹660.60
prior close
₹654.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.6+2.2+2.9+0.7+7.8+9.8+10.1+10.5+12.5+17.3+18.5+32.1+39.9
Up moveDown movePending
AI summary

RateGain reported FY2026 operating revenue of INR 1,823.6 crore, up 69.4% YoY, driven by the Sojern acquisition completed ahead of schedule. Q4 revenue surged 174.5% to INR 715.5 crore. Adjusted EBITDA grew 54.4% to INR 358.3 crore with a 19.6% margin, though down from 21.6% in FY25 due to higher GTM investments and increased AdSpend. Adjusted PAT increased 19.6% to INR 249.9 crore. The company now serves 13,410 customers with a 12.8x LTV to CAC ratio and 94.9% gross revenue retention. Pipeline stands at INR 659 crore with new contract wins of INR 322 crore. Management highlighted successful AI integration and flagged margin pressure from increased GTM spending to drive higher growth toward its $1 billion revenue ambition.

Likely market impact

Strong topline growth from the Sojern acquisition is offset by margin compression from elevated marketing spend. The large pipeline and new AI products provide visibility, but near-term profitability will remain pressured as the company invests for growth.