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Route Mobile, Ltd.
(ROUTE)
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Rating:70Outperform
Price Target:
₹481.00
▼(-13.11% 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 across the next several quarters. A lightly indebted balance sheet reduces financing pressure, supports continued investment in its communications platform, and improves resilience if operating conditions remain uneven.
Negative Factors
Revenue Decline
The FY2026 revenue decline signals that prior expansion has lost momentum and could weaken operating leverage if it persists. Slower top-line growth may limit the company’s ability to scale its communications platform, absorb fixed costs, and sustain historical earnings progression.
Read all positive and negative factors
Positive Factors
Negative Factors
Very Low Leverage
Very low leverage gives Route Mobile substantial financial flexibility across the next several quarters. A lightly indebted balance sheet reduces financing pressure, supports continued investment in its communications platform, and improves resilience if operating conditions remain uneven.
Read all positive factors
Route Mobile, Ltd. (ROUTE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹27.56B
Dividend Yield2.75%
Average Volume (3M)12.94K
Price to Earnings (P/E)7.3
Beta (1Y)0.94
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. Volume15,323
30 Day Avg. Volume12,936
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)59.53
Revenue Forecast (FY)₹47.08B
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
Negative
553.60
Price Trends
504.95
Negative
515.98
Negative
536.19
Negative
Market Momentum
-17.19
Positive
27.89
Positive
6.04
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ROUTE, the sentiment is Negative. The current price of 553.6 is above the 20-day moving average (MA) of 477.91, above the 50-day MA of 504.95, and above the 200-day MA of 536.19, indicating a bearish trend. The MACD of -17.19 indicates Positive momentum. The RSI at 27.89 is Positive, neither overbought nor oversold. The STOCH value of 6.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 | ₹27.56B | 7.31 | ― | 2.75% | -0.31% | -15.46% | |
67 Neutral | ₹10.86T | 36.32 | ― | 1.38% | 19.63% | -18.80% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹1.37T | 4.40 | ― | 0.72% | 3.30% | ― | |
49 Neutral | ₹480.51B | 50.79 | ― | 1.04% | 8.12% | -33.60% | |
48 Neutral | ₹5.24B | -9.30 | ― | 1.18% | -10.54% | -564.24% | |
42 Neutral | ₹68.07B | 180.42 | ― | ― | -7.19% | ― |
* General Sector Average
IN:ROUTE
Route Mobile, Ltd.
437.50
-330.37
-43.02%
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Bharti Airtel Limited
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IN:IDEA
Vodafone Idea Ltd
12.65
4.18
49.35%
IN:ONMOBILE
OnMobile Global Limited
49.26
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IN:TATACOMM
Tata Communications Limited
1,685.50
43.04
2.62%
IN:TTML
Tata Teleservices (Maharashtra) Limited
34.82
-22.40
-39.15%
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.