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Route Mobile Ltd share Price Today

Company details

1,512.85
1,549.00
1,386.05
1,759.90
6M Return -3.39%
1Y Return -6.84%
Mkt Cap.(Cr) 9,605.46
Volume 74,044
Div Yield 0.72%
OI
-
OI Chg %
-
Volume 74,044

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Internet Software & Services company Route Mobile announced consolidated Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from operations stood at Rs 1,017.03 crore as against Rs 1,008.66 crore in Q4FY23
  • Profit Before Tax stands at Rs 109.39 crore as against Rs 120.36 crore in Q4FY23
  • Profit After Tax reported was at Rs 95.16 crore as against Rs 104.05 crore in Q4FY23
  • EPS stands at Rs 14.05 (basic) and Rs 13.87 (diluted)

FY24 Financial Highlights:

  • Revenue from operations for the full year ended March 31, 2024 stood at Rs 4,023.29 crore as against Rs 3,569.23 crore in FY23.
  • Profit Before Tax (PBT) stood at Rs 455.08 crore for FY24 as against Rs 381.50 crore in FY23. The Company’s PBT margin stood at 11.31% (on revenue).
  • Profit After Tax (PAT) reported at Rs 388.84 crore for FY24 as against Rs 333.11 crore in FY23. PAT margin stood at 9.66% (on revenue).

Commenting on the Company’s FY24 performance, Rajdip Gupta, MD & Group Chief Executive Officer, Route Mobile, said, “FY24 has been a remarkable year for Route Mobile. We registered our highest quarterly revenues in Q2 & Q3 and registered good growth in H1. We continue to acquire some large customers and deliver unique solutions across industries. I am very proud of the team and congratulate them on a great performance. We were awarded ‘Enterprise MarTech Vendor of the year’ by e4m & ‘Best Mobile Authentication Solution’ by Juniper Research in Q4”

He further added, “The CPaaS industry is witnessing some headwinds since November 2023 in terms of enterprise cost optimization initiatives, particularly from global OTTs and shifts in communication channels. We remain vigilant of these changes and our strategic roadmap is well aligned to leverage the emerging opportunities. We have secured strategic deals and laid the groundwork for a stronger FY25”.

Result PDF

View Other Company Results

Route Mobile Ltd shares SWOT Analysis

Strengths (4)

  • Company with Low Debt
  • Annual Net Profits improving for last 2 years
  • Book Value per share Improving for last 2 years

Weakness (4)

  • MFs decreased their shareholding last quarter
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
  • Low Piotroski Score : Companies with weak financials

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • Promoter decreasing their shareholding

Resistance and support

R1 1,548.3
R2 1,566.7
R3 1,584.4
Pivot

1,530.55

S1 1,512.1
S2 1,494.4
S3 1,476.0
EMA SMA
1,506.1
1,506.9
1,527.8
1,530.9
1,488.3
1,495.7
1,545.2
1,562.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED Bulk Purchase 2024-04-09 1610 400000 NSE
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
Name Category Shares
RAJDIPKUMAR CHANDRAKANT GUPTA PROMOTER 14.74%
SANDIPKUMAR CHANDRAKANT GUPTA PROMOTER 14.74%
SARIKA R GUPTA PROMOTER 5.88%
SUNITA SANDIP GUPTA PROMOTER 5.81%
CHAMELIDEVI CHANDRAKANT GUPTA PROMOTER 3.66%
CHANDRAKANT JAGANNATH GUPTA PROMOTER 3.66%
CHANDRAKANT J GUPTA (HUF) PROMOTER 0.57%
SANDIPKUMAR CHANDRAKANT GUPTA (holds shares as a Trustee on behalf of CC Gupta Family Trust) PROMOTER 7.96%

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 1,529.80 3,810.75 1,532.70 1,447.85 490.55
% Change 0.83 0.62 1.14 0.30 0.03
Mcap Cr 9,605.46 1,378,762.88 636,203.39 392,897.99 256,319.14
Revenue TTM Cr 3,569.23 240,893.00 153,670.00 101,456.00 90,487.60
Net Profit TTM Cr 333.11 46,099.00 26,248.00 14,845.00 11,366.50
PE TTM 26.59 29.57 24.44 25.02 23.23
1 Year Return -6.84 18.06 17.59 23.89 28.25
ROCE 19.95 62.85 44.74 27.62 17.11
ROE 19.07 51.04 37.12 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,820.42 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 37,632.06 8,630.44
LAST 3M 107,380.98 -14,987.35
LAST 6M 184,073.87 -1,796.10
LAST 12M 295,969.92 99,991.16

Route Mobile Ltd Information

Stock PE (TTM)
26.59
Promoter Holding
58%
Book Value
342.3537
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 Jun 21, 2024 03:57 PM the closing price of Route Mobile Ltd was Rs.1,529.80.

The latest PE ratio of Route Mobile Ltd as of Jun 21, 2024 03:57 PM is 26.59

The latest PB ratio of Route Mobile Ltd as of Jun 21, 2024 03:57 PM is 0.22

The 52-week high of Route Mobile Ltd share price is Rs. 1,759.90 while the 52-week low is Rs. 1,386.05

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 Jun 21, 2024 03:57 PM, the market cap of Route Mobile Ltd stood at Rs. 9,605.46 Cr.

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