Route Mobile Ltd

Route Mobile Ltd

₹ 712 -1.66%
04 Nov - close price
About

Route Mobile Limited is a cloud communications platform service provider catering to enterprises, OTT players, and mobile network operators (MNOs). RML's portfolio comprises solutions in Business Messaging, Voice, Email, SMS filtering, analytics, and monetization.[1]
Route Mobile Became a part of Proximus Group in May'24[2]

Key Points

Business Profile[1]
Route Mobile Limited is a leading global Communications Platform as a Service (CPaaS) provider, enabling enterprises, over-the-top (OTT) service providers, and mobile network operators (MNOs) to deliver seamless, hyper-personalized, and omnichannel customer engagement.

  • Market Cap 4,480 Cr.
  • Current Price 712
  • High / Low 1,540 / 705
  • Stock P/E 32.2
  • Book Value 205
  • Dividend Yield 1.55 %
  • ROCE 16.3 %
  • ROE 12.4 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 54.9% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 61.3%
  • Company's working capital requirements have reduced from 235 days to 90.7 days

Cons

  • Stock is trading at 3.47 times its book value
  • Company has a low return on equity of 10.5% over last 3 years.
  • Earnings include an other income of Rs.74.6 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
142 132 129 146 161 174 185 208 209 206 208 183 180
137 124 119 135 141 156 160 182 183 183 165 167 165
Operating Profit 4 8 10 11 20 18 25 26 26 24 43 16 16
OPM % 3% 6% 8% 8% 13% 10% 13% 12% 13% 11% 21% 9% 9%
10 44 16 21 27 41 11 17 39 19 -5 27 33
Interest 1 1 0 1 0 1 0 0 0 0 0 0 0
Depreciation 4 4 4 4 4 4 5 4 4 4 3 4 4
Profit before tax 10 48 22 28 42 54 31 38 61 39 35 40 44
Tax % 26% 18% 26% 19% 17% 17% 25% 25% 21% 25% 25% 23% 26%
8 39 17 23 35 45 24 28 48 29 26 30 33
EPS in Rs 1.24 6.30 2.67 3.64 5.60 7.18 3.75 4.49 7.62 4.61 4.09 4.83 5.23
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
77 105 188 168 195 374 407 376 334 536 667 832 778
65 90 144 133 175 359 392 346 319 499 592 712 679
Operating Profit 12 15 45 36 20 15 14 30 15 37 75 121 99
OPM % 15% 14% 24% 21% 10% 4% 4% 8% 4% 7% 11% 14% 13%
1 2 4 40 4 4 5 12 35 90 100 68 75
Interest 1 1 1 1 1 2 3 2 2 2 2 2 2
Depreciation 2 3 3 5 6 5 6 10 15 15 17 15 14
Profit before tax 10 14 45 70 18 13 10 30 33 110 156 172 157
Tax % 29% 37% 35% 27% 38% 30% 25% 25% 17% 18% 19% 24%
7 9 29 52 11 9 8 22 28 90 126 131 118
EPS in Rs 36.40 42.80 14.62 10.32 2.19 1.79 1.51 3.87 4.40 14.39 20.12 20.80 18.76
Dividend Payout % 0% 0% 75% 0% 69% 84% 99% 52% 113% 76% 55% 53%
Compounded Sales Growth
10 Years: 23%
5 Years: 15%
3 Years: 36%
TTM: 0%
Compounded Profit Growth
10 Years: 33%
5 Years: 55%
3 Years: 69%
TTM: -4%
Stock Price CAGR
10 Years: %
5 Years: -5%
3 Years: -19%
1 Year: -53%
Return on Equity
10 Years: 11%
5 Years: 9%
3 Years: 10%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 2 2 20 50 50 50 50 58 63 62 63 63 63
Reserves 17 24 8 30 34 34 24 287 1,162 1,064 1,126 1,196 1,229
2 6 0 18 25 21 41 12 15 13 11 6 6
6 14 55 26 50 117 209 233 88 131 172 404 201
Total Liabilities 28 45 84 124 159 221 324 589 1,328 1,271 1,371 1,669 1,499
6 6 10 17 14 11 13 37 60 54 58 47 44
CWIP 0 0 0 0 0 2 0 1 0 1 0 0 0
Investments 0 0 1 14 24 35 38 49 55 53 52 54 55
21 39 74 92 122 173 273 502 1,213 1,162 1,261 1,568 1,399
Total Assets 28 45 84 124 159 221 324 589 1,328 1,271 1,371 1,669 1,499

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
6 6 68 -25 -25 25 39 94 -177 -6 18 258
-5 -5 -35 26 9 -9 -11 -202 -593 169 20 -67
-0 0 -33 14 -2 -15 -9 215 830 -209 -63 -68
Net Cash Flow 0 2 1 16 -18 1 19 106 61 -46 -26 123

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 25 58 31 51 99 94 100 95 122 109 140 111
Inventory Days 0 0 0 0 0 0 0 0 0 0 0 0
Days Payable
Cash Conversion Cycle 25 58 31 51 99 94 100 95 122 109 140 111
Working Capital Days 13 28 -68 -29 27 2 -54 -76 318 336 277 91
ROCE % 54% 154% 112% 18% 13% 23% 13% 5% 10% 14% 16%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
58.43% 58.32% 58.32% 58.15% 58.15% 57.99% 83.11% 74.90% 74.86% 74.86% 74.86% 74.86%
21.11% 20.30% 21.34% 21.76% 21.59% 15.83% 5.75% 6.65% 4.73% 4.45% 3.60% 2.98%
7.21% 8.15% 6.81% 5.50% 5.99% 5.83% 1.04% 6.14% 7.87% 8.12% 7.86% 7.19%
13.23% 13.25% 13.53% 14.56% 14.26% 20.35% 10.10% 12.29% 12.48% 12.56% 13.68% 14.96%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00%
No. of Shareholders 2,21,2302,18,9912,10,4911,94,9871,84,0601,75,5491,48,7211,51,0201,52,5101,54,0651,57,4061,58,901

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls