Operates a communications platform-as-a-service (CPaaS) business, selling business messaging, voice, and omnichannel customer engagement solutions to enterprises globally. Revenue in FY26 was ₹4,408.21 crore, with overseas markets contributing 81.5% (₹4,129.31 cr) and India 18.5% (₹934.39 cr). The product mix is shifting from traditional SMS towards non-SMS channels such as RCS, WhatsApp Business Messaging, voice, and AI-driven omnichannel engagement, with new-product revenue growing 14% year-on-year in Q1 FY27 while company-wide revenue grew 9.6% YoY to ₹1,151.51 crore. In July 2026 the company signed an acquisition of Heltar Technologies' AI-led omnichannel business undertaking via its subsidiary Route Connect for about ₹33.66 crore in cash, aimed at accelerating the move up the value chain. A partnership with Truecaller was announced in July 2026 to give enterprise customers access to over 500 million monthly active users for business messaging. The largest cost line in the FY26 cost shape is employee cost at 6.6% of revenue, with other operating expenses at 4.1% and depreciation at 2.1%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Overseas (82%), India (19%). Asset-light, services-based CPaaS business undergoing a mix shift from SMS to non-SMS, AI-native omnichannel engagement channels.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,002 | 3,569 | 4,023 | 4,576 | 4,408 |
| EBITDA (ex other income) | 219 | 444 | 528 | 509 | 401 |
| margin % | 10.9 | 12.4 | 13.1 | 11.1 | 9.1 |
| Owners' profit | 166 | 327 | 375 | 319 | 239 |
| EPS, as reported (₹) | 27.82 | 52.29 | 59.95 | 50.69 | 37.94 |
| ROE % · ROCE % | 10.2 · 11.4 | 18.2 · 19.1 | 17.9 · 19.8 | 13.6 · 18.5 | 9.1 · 12.6 |
| Debt / equity (x) | 0.00 | 0.06 | 0.16 | 0.18 | 0.00 |
| Cash from operations | 135 | 73 | (98) | 602 | 581 |
| Capex | (17) | (38) | (36) | (21) | (26) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,113 | 1,184 | 1,175 | 1,051 | 1,119 | 1,107 | 1,131 | 1,152 |
| Profit before tax | 137 | 107 | 79 | 77 | 2 | 135 | 139 | 91 |
| Net profit | 107 | 85 | 60 | 59 | (19) | 103 | 114 | 69 |
| EPS (₹) | 16.12 | 13.10 | 8.98 | 8.45 | (3.37) | 15.51 | 17.35 | 9.94 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| -India | 708 | 14.0 |
| -Overseas | 3,091 | 61.0 |
| India | 226 | 4.5 |
| Overseas | 1,038 | 20.5 |
| Total, before eliminations | 5,064 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| RAILTEL CORP OF IND LTD | 8,377 | 41.5 | 5.08 | 19.7 | 11.5 | 13.9 | — | 19.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Route Mobile appoints M S K A and Associates as new statutory auditor for 5 years | management changes | medium | — | — |
| 3 Sept 2026 · Route Mobile AGM 2026: All 4 resolutions passed, Rs 2 dividend declared | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Route Mobile 22nd AGM held; final dividend of ₹2 per share declared | board shareholder meetings | medium | — | — |
| 1 Sept 2026 · Route Mobile's Masiv appoints Marko Erkic as CEO | management changes | high | — | — |
| 1 Sept 2026 · Route Mobile appoints Marko Erkic to senior management | management changes | medium | — | — |
| 11 Aug 2026 · Route Mobile 22nd AGM on Sep 2; final dividend of Rs 2 per share | compliance | minimal | — | — |
| 10 Aug 2026 · Record date Aug 18, 2026 for final dividend FY26 (Rs 2 per share) | corporate actions | high | — | — |
| 10 Aug 2026 · Route Mobile 22nd AGM on Sep 2; Final Dividend of Rs 2 per share | compliance | minimal | — | — |
| 10 Aug 2026 · Route Mobile files BRSR for FY2025-26 with BSE and NSE | compliance | low | — | — |
| 10 Aug 2026 · Notice of 22nd AGM on Sep 2, 2026; final dividend Rs 2 per share | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| ROUTE MOBILE LIMITED ◆ | 3,109 | 12.5 | 1.10 | 4.9 | 9.1 | 12.2 | 25.7 | 10.1 |
| GTL LTD | 114 | 0.1 | — | 3.3 | (4.7) | 0.2 | — | 934.3 |
| STEELMAN TELECOM LIMITED | 70 | 14.4 | — | — | — | (21.5) | — | — |
| NETTLINX LTD. | 24 | 3.5 | 0.40 | — | (8.5) | (8.3) | (9.9) | 22.3 |
| UNIINFO TELECOM SERVI LTD | 12 | — | 0.37 | — | (3.8) | (4.4) | — | 5.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 12.5 | 12.6 | 8 of 17 | 56% |
| P/B | 1.1 | 3.4 | 3 of 12 | 82% |
| ROCE | 12.2 | 10.1 | 8 of 20 | 63% |
| ROE | 9.1 | 9.1 | 10 of 19 | 50% |
| Debt / Equity | 0.0 | 0.0 | 8 of 19 | 56% |
| EBITDA margin | 10.1 | 23.3 | 18 of 19 | 6% |
| Revenue growth | 9.6 | 6.1 | 9 of 20 | 58% |
| Profit growth | 16.6 | 45.9 | 13 of 18 | 29% |
| Market cap | 3109 | 3129 | 11 of 20 | 47% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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