Route Mobile Ltd
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]
- Market Cap ₹ 9,783 Cr.
- Current Price ₹ 1,550
- High / Low ₹ 1,760 / 1,238
- Stock P/E 26.0
- Book Value ₹ 320
- Dividend Yield 0.71 %
- ROCE 22.0 %
- ROE 18.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 47.1% CAGR over last 5 years
Cons
- Promoter holding has decreased over last 3 years: -7.35%
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
367 | 458 | 505 | 845 | 956 | 1,406 | 2,002 | 3,569 | 4,015 | |
288 | 375 | 433 | 758 | 855 | 1,231 | 1,782 | 3,124 | 3,502 | |
Operating Profit | 80 | 82 | 72 | 87 | 101 | 175 | 220 | 445 | 513 |
OPM % | 22% | 18% | 14% | 10% | 11% | 12% | 11% | 12% | 13% |
4 | 5 | 5 | 8 | -3 | 16 | 20 | 39 | 64 | |
Interest | 1 | 1 | 7 | 12 | 6 | 4 | 7 | 22 | 25 |
Depreciation | 3 | 5 | 12 | 17 | 23 | 26 | 38 | 82 | 85 |
Profit before tax | 80 | 81 | 57 | 65 | 69 | 162 | 195 | 382 | 466 |
Tax % | 22% | 25% | 17% | 15% | 16% | 18% | 13% | 13% | |
63 | 61 | 48 | 56 | 58 | 133 | 170 | 333 | 398 | |
EPS in Rs | 31.37 | 12.13 | 9.74 | 11.38 | 11.65 | 23.10 | 26.36 | 52.38 | 62.14 |
Dividend Payout % | 35% | 0% | 15% | 13% | 13% | 9% | 19% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 48% |
3 Years: | 55% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 67% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 0% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 19% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 50 | 50 | 50 | 50 | 58 | 63 | 62 | 63 |
Reserves | 50 | 77 | 121 | 173 | 219 | 594 | 1,610 | 1,758 | 1,939 |
0 | 18 | 84 | 79 | 53 | 20 | 16 | 140 | 181 | |
158 | 55 | 168 | 185 | 302 | 350 | 964 | 916 | 984 | |
Total Liabilities | 228 | 200 | 423 | 487 | 625 | 1,022 | 2,653 | 2,877 | 3,167 |
9 | 33 | 182 | 170 | 176 | 193 | 952 | 953 | 951 | |
CWIP | 1 | 0 | 0 | 2 | 0 | 1 | 0 | 15 | 8 |
Investments | 0 | 0 | 0 | 11 | 12 | 13 | 13 | 20 | 14 |
218 | 167 | 241 | 304 | 438 | 815 | 1,688 | 1,889 | 2,194 | |
Total Assets | 228 | 200 | 423 | 487 | 625 | 1,022 | 2,653 | 2,877 | 3,167 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
203 | -60 | 28 | 23 | 98 | 222 | 135 | 73 | |
-35 | -19 | -132 | 0 | 1 | -225 | -821 | 111 | |
-33 | 18 | 46 | -17 | -67 | 211 | 824 | -108 | |
Net Cash Flow | 135 | -61 | -57 | 6 | 32 | 208 | 137 | 76 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 22 | 26 | 70 | 63 | 78 | 56 | 94 | 72 |
Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Payable | ||||||||
Cash Conversion Cycle | 22 | 26 | 70 | 63 | 78 | 56 | 94 | 72 |
Working Capital Days | -130 | -14 | -37 | -5 | -5 | -16 | -5 | 18 |
ROCE % | 76% | 32% | 28% | 29% | 33% | 17% | 22% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 15 Apr
- Compliance - Certificate Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015 15 Apr
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Updates on Open Offer
13 Apr - Morgan Stanley India Company Pvt Ltd ("Manager to the Offer") has informed BSE regarding "Disclosure of the number of Equity Shares tendered in connection with …
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Updates on Open Offer
12 Apr - Morgan Stanley India Company Pvt Ltd ("Manager to the Offer") has informed BSE regarding "Disclosure of the number of Equity Shares tendered in connection with …
Annual reports
Concalls
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Nov 2020Transcript PPT
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]