Route Mobile Ltd

Route Mobile Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Route Mobile Ltd

₹ 1,538 -1.43%
26 Apr 4:02 p.m.
routemobile.com BSE: 543228 NSE : ROUTE
About

Route Mobile is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Their product portfolio includes smart solutions in Messaging, Voice, Email, and SMS Filtering, Analytics & Monetization. It was incorporated in 2004. It was listed in September, 2020. The promoters have over 2 decades of experience in the software and the communications sector. [1] [2] [3]

Key Points

Business Segments
Enterprise: Provides cloud based communication platform to enterprises to enable digital communication through multiple channels including RCS, A2P / P2A messaging, 2Way Messaging, etc,.
Mobile Operator: Main service offerings in this segment include SMS analytics, firewall, filtering, monetization and CPaaS and hubbing solutions
Business Process Outsourcing: They provide client support, technical support, booking and collection services [1]

Website BSE NSE
  • Market Cap ₹ 9,650 Cr.
  • Current Price ₹ 1,538
  • High / Low ₹ 1,760 / 1,252
  • Stock P/E 80.8
  • Book Value ₹ 186
  • Dividend Yield 0.72 %
  • ROCE 9.84 %
  • ROE 7.98 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 53.7% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 80.5%

Cons

  • Stock is trading at 8.25 times its book value
  • Company has a low return on equity of 6.81% over last 3 years.
  • Earnings include an other income of Rs.105 Cr.
  • Promoter holding has decreased over last 3 years: -7.35%
  • Working capital days have increased from 195 days to 338 days

* 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.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
91 91 58 86 90 100 133 142 132 129 146 161 174
85 81 57 78 87 98 127 137 124 119 135 141 156
Operating Profit 6 9 2 8 3 2 6 4 8 10 11 20 18
OPM % 7% 10% 3% 9% 4% 2% 4% 3% 6% 8% 8% 13% 10%
4 3 5 3 23 5 28 10 44 16 21 27 41
Interest 0 0 0 1 0 1 1 1 1 0 1 0 1
Depreciation 3 3 3 4 4 4 4 4 4 4 4 4 4
Profit before tax 7 9 3 6 22 3 29 10 48 22 28 42 54
Tax % 26% 24% 25% 26% 4% 94% 10% 26% 18% 26% 19% 17% 17%
5 7 2 4 21 0 26 8 39 17 23 35 45
EPS in Rs 0.95 1.21 0.41 0.74 3.33 0.02 4.16 1.24 6.30 2.67 3.64 5.60 7.18
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
16 38 77 105 188 168 195 374 407 376 334 536 611
14 25 65 90 144 133 175 359 392 346 319 499 551
Operating Profit 2 12 12 15 45 36 20 15 14 30 15 37 60
OPM % 14% 33% 15% 14% 24% 21% 10% 4% 4% 8% 4% 7% 10%
0 0 1 2 4 40 4 4 5 12 35 90 105
Interest 0 0 1 1 1 1 1 2 3 2 2 2 2
Depreciation 0 1 2 3 3 5 6 5 6 10 15 15 16
Profit before tax 2 12 10 14 45 70 18 13 10 30 33 110 147
Tax % 35% 33% 29% 37% 35% 27% 38% 30% 25% 25% 17% 18%
1 8 7 9 29 52 11 9 8 22 28 90 119
EPS in Rs 5.25 38.35 36.40 42.80 14.62 10.32 2.19 1.79 1.51 3.87 4.40 14.39 19.09
Dividend Payout % 19% 26% 0% 0% 75% 0% 69% 84% 99% 52% 113% 76%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 10%
TTM: 21%
Compounded Profit Growth
10 Years: %
5 Years: 54%
3 Years: 77%
TTM: 52%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -1%
1 Year: 22%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 7%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 2 2 2 2 20 50 50 50 50 58 63 62 63
Reserves 1 6 17 24 8 30 34 34 24 287 1,162 1,064 1,105
0 0 2 6 0 18 25 21 41 12 15 13 13
4 9 6 14 55 26 50 117 209 233 88 131 198
Total Liabilities 7 17 28 45 84 124 159 221 324 589 1,328 1,271 1,378
5 8 6 6 10 17 14 11 13 37 60 54 58
CWIP 0 0 0 0 0 0 0 2 0 1 0 1 8
Investments 0 0 0 0 1 14 24 35 38 49 55 53 52
1 9 21 39 74 92 122 173 273 502 1,213 1,162 1,260
Total Assets 7 17 28 45 84 124 159 221 324 589 1,328 1,271 1,378

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 0 6 6 68 -25 -25 25 39 94 -177 -6
0 0 -5 -5 -35 26 9 -9 -11 -202 -593 169
0 0 -0 0 -33 14 -2 -15 -9 215 830 -209
Net Cash Flow 0 0 0 2 1 16 -18 1 19 106 61 -46

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0 6 25 58 31 51 99 94 100 95 122 109
Inventory Days 1 1 0 0 0 0 0 0 0 0 0 0
Days Payable 63 11
Cash Conversion Cycle -62 -3 25 58 31 51 99 94 100 95 122 109
Working Capital Days -73 -71 13 28 -68 4 69 20 -18 -74 320 338
ROCE % 207% 54% 154% 112% 18% 13% 23% 13% 5% 10%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.35% 65.12% 59.98% 59.82% 59.82% 58.56% 58.43% 58.32% 58.32% 58.15% 58.15% 57.99%
15.61% 15.05% 19.80% 20.15% 19.94% 21.32% 21.11% 20.30% 21.34% 21.76% 21.59% 15.83%
6.02% 5.89% 6.65% 5.80% 7.03% 7.18% 7.21% 8.15% 6.81% 5.50% 5.99% 5.83%
13.02% 13.94% 13.56% 13.95% 13.21% 12.94% 13.23% 13.25% 13.53% 14.56% 14.26% 20.35%
0.00% 0.00% 0.00% 0.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
No. of Shareholders 1,14,9291,60,7581,89,0072,09,6262,22,1522,22,0942,21,2302,18,9912,10,4911,94,9871,84,0601,75,550

* 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

Announcements

Annual reports

DRHP

Concalls