ROUTE

ROUTE MOBILE LIMITED

Cloud communications platform for enterprises and mobile network operators

Telecommunication›Telecommunication›Telecom - Services›Other Telecom Services

routemobile.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹448.85
Market cap
2,827 Cr
Stock P/E
11.4
P/B
1.02
Dividend yield
2.5%
ROE (FY26)
8.5%
ROCE (FY26)
12.9%
Operating margin (FY26)
10.1%
OCF / EBITDA (FY26)
108.2%
OCF / EBITDA (3Y)
68.9%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Route Mobile is a Mumbai-based business messaging company that carries SMS traffic and newer messaging products such as WhatsApp for enterprises and telecom operators worldwide.

Company snapshot

2ndBy market cap

Ranked among 6 companies in Other Telecom Services.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 95.7% of revenue

SegmentRevenue shareRevenuePBTAssets
-India
20.7%
705 Cr70 Cr—
-Inter-segment revenue—0 Cr-2 Cr—
-Overseas
95.7%
3,255 Cr271 Cr—

Shares add up to 116% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓Interest coverage of 41.2x — earnings comfortably cover interest obligations.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales1,015 Cr1,024 Cr1,017 Cr1,103 Cr1,113 Cr1,184 Cr1,175 Cr1,051 Cr1,119 Cr1,107 Cr1,131 Cr1,152 Cr
Operating expenses (approx.)886 Cr899 Cr892 Cr980 Cr978 Cr1,054 Cr1,053 Cr957 Cr983 Cr961 Cr995 Cr1,046 Cr
EBITDA128 Cr125 Cr125 Cr124 Cr135 Cr130 Cr122 Cr94 Cr136 Cr146 Cr136 Cr105 Cr
OPM %12.6%12.2%12.3%11.2%12.1%11.0%10.4%8.9%12.1%13.2%12.0%9.2%
Other income4 Cr20 Cr12 Cr11 Cr33 Cr9 Cr12 Cr11 Cr27 Cr13 Cr28 Cr11 Cr
Interest7 Cr6 Cr8 Cr9 Cr14 Cr9 Cr8 Cr6 Cr2 Cr1 Cr1 Cr1 Cr
Depreciation21 Cr22 Cr22 Cr22 Cr22 Cr22 Cr22 Cr22 Cr23 Cr23 Cr24 Cr24 Cr
Profit before tax104 Cr132 Cr109 Cr103 Cr137 Cr107 Cr79 Cr77 Cr2 Cr135 Cr139 Cr91 Cr
Tax %14.9%13.7%13.0%21.1%22.1%20.1%23.6%23.2%1041.5%24.1%17.8%25.1%
Net profit88 Cr114 Cr95 Cr81 Cr107 Cr85 Cr60 Cr59 Cr-19 Cr103 Cr114 Cr69 Cr
EPS (₹)₹14.21₹16.89₹14.05₹12.51₹16.12₹13.10₹8.98₹8.45₹-3.37₹15.51₹17.35₹9.94

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales505 Cr845 Cr956 Cr1,406 Cr2,002 Cr3,569 Cr4,023 Cr4,576 Cr4,408 CrSign in free for the trailing twelve months
Operating expenses (approx.)429 Cr752 Cr856 Cr1,232 Cr1,783 Cr3,125 Cr3,512 Cr4,048 Cr3,871 CrSign in free for the trailing twelve months
EBITDA76 Cr92 Cr100 Cr174 Cr219 Cr444 Cr511 Cr528 Cr537 CrSign in free for the trailing twelve months
OPM %15.0%10.9%10.4%12.4%10.9%12.4%12.7%11.5%12.2%Sign in free for the trailing twelve months
Other income5 Cr8 Cr12 Cr16 Cr20 Cr39 Cr40 Cr47 Cr54 CrSign in free for the trailing twelve months
Interest8 Cr13 Cr5 Cr3 Cr5 Cr20 Cr27 Cr41 Cr11 CrSign in free for the trailing twelve months
Depreciation16 Cr22 Cr23 Cr26 Cr38 Cr82 Cr86 Cr89 Cr92 CrSign in free for the trailing twelve months
Profit before tax56 Cr65 Cr84 Cr162 Cr195 Cr382 Cr455 Cr426 Cr353 CrSign in free for the trailing twelve months
Tax %17.4%16.1%17.9%17.8%12.9%12.7%14.6%21.6%27.2%Sign in free for the trailing twelve months
Net profit47 Cr55 Cr69 Cr133 Cr170 Cr333 Cr389 Cr334 Cr257 CrSign in free for the trailing twelve months
EPS (₹)₹9.57₹11.19₹13.83₹24.76₹27.82₹52.29₹59.95₹50.69₹37.94Sign in free for the trailing twelve months
Dividend payout %———0.0%17.9%20.6%17.9%22.2%27.8%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital50 Cr50 Cr50 Cr58 Cr63 Cr62 Cr63 Cr63 Cr63 Cr
Reserves111 Cr162 Cr220 Cr594 Cr1,610 Cr1,758 Cr2,087 Cr2,369 Cr2,707 Cr
Borrowings81 Cr77 Cr41 Cr3 Cr—106 Cr350 Cr441 Cr—
Other liabilities206 Cr219 Cr317 Cr369 Cr984 Cr951 Cr951 Cr921 Cr735 Cr
Total liabilities447 Cr506 Cr627 Cr1,022 Cr2,659 Cr2,885 Cr3,472 Cr3,826 Cr3,556 Cr
Fixed assets (net)21 Cr22 Cr22 Cr21 Cr29 Cr34 Cr38 Cr34 Cr30 Cr
CWIP—2 Cr—1 Cr0 Cr0 Cr0 Cr0.11 Cr2 Cr
Investments—11 Cr12 Cr13 Cr13 Cr20 Cr15 Cr16 Cr17 Cr
Trade receivables97 Cr145 Cr204 Cr217 Cr487 Cr702 Cr1,072 Cr933 Cr909 Cr
Cash & bank24 Cr29 Cr62 Cr270 Cr407 Cr484 Cr542 Cr850 Cr880 Cr
Other assets306 Cr297 Cr327 Cr500 Cr1,722 Cr1,646 Cr1,805 Cr1,992 Cr1,718 Cr
Total assets447 Cr506 Cr627 Cr1,022 Cr2,659 Cr2,885 Cr3,472 Cr3,826 Cr3,556 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity—28 Cr93 Cr229 Cr135 Cr73 Cr-98 Cr602 Cr581 Cr
Cash from investing—-5 Cr0.22 Cr-226 Cr-838 Cr112 Cr-2 Cr-260 Cr-14 Cr
Cash from financing—-23 Cr-62 Cr211 Cr824 Cr-108 Cr158 Cr-34 Cr-535 Cr
Net cash flow—6 Cr32 Cr208 Cr122 Cr76 Cr59 Cr308 Cr30 Cr
Free cash flow (OCF − Capex)—18 Cr86 Cr210 Cr117 Cr35 Cr-133 Cr581 Cr555 Cr

Ratios

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %26.6%27.2%28.8%25.2%12.0%20.8%19.1%16.1%12.9%
ROE %29.9%26.7%25.8%20.5%9.9%17.9%17.3%12.9%8.5%
Debtor days706278568972977475
Inventory days———000000
Days payable402669627048615441
Cash conversion cycle30379-51924362034
OCF / EBITDA %—30.9%93.6%131.8%61.5%16.5%-19.1%114.2%108.2%
OCF / EBITDA % (3 years)———96.0%92.9%52.2%9.4%39.0%68.9%
Debt / equity0.510.370.150.0052—0.060.160.18—
Current ratio0.831.011.172.171.852.282.062.113.85
Net debt / EBITDA0.770.52-0.20-1.53-1.86-0.85-0.38-0.78-1.64