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Route Mobile, Ltd.
(ROUTE)
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Rating:70Outperform
Price Target:
₹464.00
▼(-16.18% Downside)
Action:Upgraded
Date:08/09/26
The score is driven primarily by a strong balance sheet with very low leverage and solid recent cash generation, supported by attractive valuation (low P/E and a ~2.22% dividend yield). These positives are tempered by weakening operating momentum (FY2026 revenue decline and margin compression) and bearish-to-weak technical signals (below key moving averages and negative MACD).
Positive Factors
Very Low Leverage
Very low leverage gives Route Mobile substantial financial flexibility and reduces the burden of interest and refinancing costs. This conservative balance-sheet position can support investment in platform capabilities, help absorb operating volatility, and preserve options for future capital allocation.
Negative Factors
Revenue Contraction
The return to revenue decline signals weaker operating momentum after several years of expansion. If this persists, slower customer growth or lower communications volumes could reduce the company’s ability to leverage its platform costs and limit the pace of future earnings growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Very low leverage gives Route Mobile substantial financial flexibility and reduces the burden of interest and refinancing costs. This conservative balance-sheet position can support investment in platform capabilities, help absorb operating volatility, and preserve options for future capital allocation.
Read all positive factors
Route Mobile, Ltd. (ROUTE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹28.22B
Dividend Yield2.68%
Average Volume (3M)11.91K
Price to Earnings (P/E)7.5
Beta (1Y)1.09
Revenue Growth-0.31%
EPS Growth-15.46%
CountryIN
Employees497
SectorGeneral
Sector StrengthN/A
IndustryTelecommunications Services
Share Statistics
EPS (TTM)60.02
Shares Outstanding63,003,082
10 Day Avg. Volume11,497
30 Day Avg. Volume11,911
Financial Highlights & Ratios
PEG Ratio-0.36
Price to Book (P/B)2.07
Price to Sales (P/S)1.30
P/FCF Ratio9.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)58.8
Revenue Forecast (FY)₹46.97B
Route Mobile, Ltd. Business Overview & Revenue Model
Company Description
Established in Mumbai, India, in 2004, Route Mobile Limited delivers sophisticated cloud-based communication platform services. The company caters to a diverse global clientele, including corporations, over-the-top (OTT) service providers, and mob...
How the Company Makes Money
Route Mobile primarily makes money by selling enterprise-grade communications and engagement services delivered through its platform, typically priced on a usage/volume basis (e.g., per message, per session, per API call, or per transaction depend...
Route Mobile, Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
86
Very Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 45.09B | 44.08B | 45.76B | 40.23B | 35.69B | 20.02B |
| Gross Profit | 7.28B | 6.27B | 6.02B | 6.60B | 7.87B | 4.20B |
| EBITDA | 4.67B | 5.09B | 5.20B | 5.70B | 4.84B | 2.38B |
| Net Income | 2.48B | 2.39B | 3.19B | 3.75B | 3.27B | 1.66B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 35.56B | 38.26B | 34.72B | 28.85B | 26.59B |
| Cash, Cash Equivalents and Short-Term Investments | 14.06B | 14.34B | 13.49B | 6.43B | 8.12B | 10.40B |
| Total Debt | 0.00 | 419.80M | 4.68B | 3.78B | 1.40B | 162.20M |
| Total Liabilities | -28.22B | 7.35B | 13.62B | 13.01B | 10.57B | 9.84B |
| Stockholders Equity | 28.22B | 27.70B | 24.32B | 21.50B | 18.20B | 16.73B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 5.85B | 5.81B | -1.33B | 351.50M | 1.17B |
| Operating Cash Flow | 0.00 | 6.12B | 6.02B | -975.90M | 732.10M | 1.35B |
| Investing Cash Flow | 0.00 | -545.60M | -2.60B | -21.20M | 1.12B | -8.38B |
| Financing Cash Flow | 0.00 | -5.25B | -337.90M | 1.58B | -1.08B | 8.24B |
Route Mobile, Ltd. Technical Analysis
Neutral
553.60
Price Trends
470.31
Negative
503.57
Negative
515.73
Negative
Market Momentum
-11.19
Negative
50.74
Neutral
42.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ROUTE, the sentiment is Neutral. The current price of 553.6 is above the 20-day moving average (MA) of 433.87, above the 50-day MA of 470.31, and above the 200-day MA of 515.73, indicating a neutral trend. The MACD of -11.19 indicates Negative momentum. The RSI at 50.74 is Neutral, neither overbought nor oversold. The STOCH value of 42.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:ROUTE.
Route Mobile, Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹28.22B | 7.47 | ― | 2.68% | -0.31% | -15.46% | |
67 Neutral | ₹12.34T | 41.28 | ― | 1.21% | 19.63% | -18.80% | |
56 Neutral | ₹488.82B | 44.12 | ― | 1.02% | 9.08% | -20.04% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹1.31T | 4.22 | ― | 0.72% | 3.30% | ― | |
52 Neutral | ₹81.81B | 27.36 | ― | ― | -0.85% | ― | |
48 Neutral | ₹5.47B | -9.95 | ― | 1.18% | -10.54% | -564.24% |
* General Sector Average
IN:ROUTE
Route Mobile, Ltd.
447.95
-264.54
-37.13%
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Route Mobile, Ltd. Corporate Events
Route Mobile Sets Virtual AGM, Proposes Final Dividend for FY 2025-26
Aug 1, 2026
Route Mobile Limited has announced that its twenty-second annual general meeting will be held on September 2, 2026, at 3:30 p.m. IST via video conferencing and other audio-visual means, with National Securities Depository Limited providing remote ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.