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Route Mobile Ltd share Price Today

Company details

1,599.90
1,612.80
1,209.00
1,759.90
6M Return 2.66%
1Y Return 21.40%
Mkt Cap.(Cr) 10,033.45
Volume 165,818
Div Yield 0.68%
OI
-
OI Chg %
-
Volume 165,818

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Internet Software & Services company Route Mobile announced Q2FY24 results:

  • Revenue from operations stood at Rs 1,014.61 crore as against Rs 845.84 crore in Q2FY23
  • Profit Before Tax stands at Rs 103.83 crore as against Rs 82.27 crore in Q2FY23
  • Profit After Tax reported was at Rs 88.35 crore as against Rs 72.63 crore in Q2FY23
  • EPS stands at Rs 14.21 (basic) and Rs 13.54 (diluted)

Commenting on the results, Rajdipkumar Gupta, Managing Director & Group Chief Executive Officer, Route Mobile, said, “I am delighted to share that we have registered our highest ever quarterly revenue and a YoY growth of over 25% in both revenue and profits in H1FY24. Traditionally, in Q2, there is a dip in volumes globally. However, we have not only preserved our volumes but grown substantially. We have signed some big contracts in this quarter across APAC. I am extremely delighted about this progress, and I look forward to a successful H2”.

He further added, “We have been recognized as a major player in the Gartner Magic Quadrant for CPaaS, featured as a key vendor in 4 Gartner Hype Cycles, and also awarded for Best Governance. We've set up an Integration Governance Committee, pooling in senior leaders from Proximus, Route Mobile, and Telesign, all working together to ensure smooth sailing”.

 

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Route Mobile Ltd shares SWOT Analysis

Strengths (11)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Strong Annual EPS Growth

Weakness (2)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (0)

Data not found

Threats (3)

  • Big Deal (Insider and SAST) sells last month greater than 1% of total shares
  • Companies with growing costs YoY for long term projects
  • Increasing Trend in Non-Core Income

Resistance and support

R1 1,610.1
R2 1,617.9
R3 1,623.0
Pivot

1,604.98

S1 1,597.2
S2 1,592.1
S3 1,584.3
EMA SMA
1,592.5
1,593.6
1,585.2
1,551.3
1,587.9
1,594.2
1,590.0
1,572.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-07-17 1578.74 649358 NSE
MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED Bulk Purchase 2023-07-17 1552.32 434509 NSE
NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Purchase 2023-07-17 1589.95 375854 NSE
Name Category Shares
RAJDIP KUMAR CHANDRAKANT GUPTA PROMOTER 14.78%
SANDIPKUMAR CHANDRAKANT GUPTA PROMOTER 14.78%
SARIKA RAJDIPKUMAR GUPTA PROMOTER 5.9%
SUNITA S GUPTA PROMOTER 5.82%
CHAMELIDEVI CHANDRAKANT GUPTA PROMOTER 3.67%
CHANDRAKANT JAGANNATH GUPTA PROMOTER 3.67%
CHANDRAKANT J GUPTA (HUF) PROMOTER 0.57%
SANDIPKUMAR CHANDRAKANT GUPTA (holds shares as a Trustee on behalf of CC Gupta Family Trust) PROMOTER 7.98%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Route Mobile Ltd Stocks COMPARISON

Financials( in Cr) Route Mobile Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 1,602.25 3,876.30 1,498.05 1,543.55 480.10
% Change 0.11 0.92 0.96 -0.17 1.65
Mcap Cr 10,033.45 1,402,479.45 621,757.86 418,867.76 250,823.54
Revenue TTM Cr 3,569.23 225,458.00 146,767.00 101,456.00 90,487.60
Net Profit TTM Cr 333.11 42,303.00 24,108.00 14,845.00 11,366.50
PE TTM 26.73 30.82 25.51 26.68 22.22
1 Year Return 21.40 24.15 7.85 46.80 32.90
ROCE 19.95 58.04 44.36 27.62 17.11
ROE 19.07 47.26 36.42 23.32 15.89
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,820.42 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24
ROUTE MOBILE LIMITED - Updates

Mar 28, 2024 l NSE Announcement

ROUTE MOBILE LIMITED - Trading Window

Mar 26, 2024 l NSE Announcement

ROUTE MOBILE LIMITED - Trading Window

Mar 22, 2024 l NSE Announcement

Date Action Type Ratio
Feb 01, 2024 Dividend 30
Nov 03, 2023 Dividend 30
Sep 06, 2023 Dividend 20

Route Mobile Ltd Information

Stock PE (TTM)
26.73
Promoter Holding
58.15%
Book Value
318.7443
ROCE
19.95%
ROE
19.07%
Description
  • Route Mobile Ltd is in the Information Technology sector with the Market Capitalization of worth Rs. 11,184.68 crores, it is incorporated in the year 2004. It has reported consolidated sales of Rs. 377.52 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 543228 and additionally listed in the National Stock Exchange (NSE) with the code ROUTE.

    Route Mobile Ltd formerly known as Routesms Solutions Ltd is an Indian company providing a communications platform as a service (CPaaS). The company’s headquarters is located in Mumbai. Route Mobile enjoys a global presence in Asia-Pacific, Middle East, Europe, and North America. Route Mobile has joined with companies like Idea Cellular, Lanka Bell, and Arab Finances to provide messaging services in countries like India, Sri Lanka, Middle East, and the North African region. The company’s services also include voice filtering and SMS filtering analytics and modernization. It offers a range of cloud communication services to clients across various sectors such as banking and financial sector clients, aviation sector clients, retail, e-commerce, logistics, healthcare, hospitality, etc. The promoters of the company own 59.62% of the stake in the company, Foreign Institutional Investors (FII) own 11.27%, Domestic Institutional Investors (DII) own 7.48% of the stake, and others (such as public & retail investors) hold the balance of 21.63%.

    In June 2021, quarterly net revenue was Rs. 58.37 crores, which has decreased by approximately 42.13 % from Rs. 100.87 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 2.38 crores, which has also been reduced by nearly 66.76% from a net profit of Rs. 7.16 crores in June 2020. In June 2021, the reported operating profit was at Rs. 60.43 crores, which is also reduced by 40.28% as compared to an operating profit of Rs. 101.19 crores for the quarter ending in June 2020. From Rs. 1.43 in June 2020, the EPS of Route Mobile Ltd has fallen to Rs. 0.41 per share in June 2021. ROUTE’s stock closed at Rs. 1,937.95 on 18th August’2021 (NSE) and has returned 0.82% in the last six months and 197.55% in the previous year.

Registered Address

4th Dimension 3rd Floor, Mind Space Malad (W), Mumbai, Maharashtra, 400064

Tel : 91-22-4033 7676
Email : complianceofficer:routemobile.com
Website : http://www.routemobile.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543228
NSE Code : ROUTE
Book Closure Date (Month) : Jul/Aug
BSE Group : A
ISIN : INE450U01017

FAQ’s on Route Mobile Ltd Shares

You can buy Route Mobile Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Route Mobile Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:57 PM the closing price of Route Mobile Ltd was ₹ 1,602.25.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:57 PM, the market cap of Route Mobile Ltd stood at ₹ 10,033.45.

The latest PE ratio of Route Mobile Ltd as of Mar 28, 2024 03:57 PM is 26.73

The latest PB ratio of Route Mobile Ltd as of Mar 28, 2024 03:57 PM is 0.20

The 52-week high of Route Mobile Ltd share price is ₹ 1,759.90 while the 52-week low is ₹ 1,209.00

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