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Route Mobile Ltd

ROUTE

Route Mobile Ltd

ROUTE
Information TechnologyIT Services & Consulting
SmallcapWith a market cap of ₹9,773 cr, stock is ranked 543
Moderate RiskStock is 2.35x as volatile as Nifty
1,518.802.15% (-33.40)
1,518.802.15% (-33.40)

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Information TechnologyIT Services & Consulting
SmallcapWith a market cap of ₹9,773 cr, stock is ranked 543
Moderate RiskStock is 2.35x as volatile as Nifty

How to use scorecard? Learn more

Information TechnologyIT Services & Consulting
SmallcapWith a market cap of ₹9,773 cr, stock is ranked 543
Moderate RiskStock is 2.35x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
27.064.500.71%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
35.159.271.64%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Route Mobile Limited is an India-based Messaging and Voice application program interface (API) company. The Company provides technology service for mobile communications industry. The Company focuses on messaging and voice solutions.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 37.1%, vs industry avg of 11.55%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.18% to 0.53%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 45.8%, vs industry avg of 8.38%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue371.92463.10509.49852.38968.101,422.162,022.093,608.634,128.844,221.47
Raw Materialssubtract250.85325.37340.75667.02764.151,129.051,582.512,782.563,162.773,656.85
Power & Fuel Costsubtract0.410.431.591.731.941.321.292.212.61
Employee Costsubtract23.7025.6750.4655.4558.2061.50126.12196.90198.21
Selling & Administrative Expensessubtract8.6519.4127.7725.3721.7531.4640.16110.38119.96
Operating & Other expensessubtract4.304.5012.468.1024.317.9531.8031.9574.36
Depreciation/Amortizationsubtract2.735.4212.4517.2322.6825.7638.3281.6086.0587.22
Interest & Other Itemssubtract1.331.046.5512.255.713.576.6721.5329.8029.67
Taxes & Other Itemssubtract17.2220.648.778.3111.0928.2229.0554.4480.0086.57
EPS12.5512.129.7411.3811.6524.7627.5652.2059.9057.52
DPS4.400.001.501.501.502.005.0011.0011.0011.00
Payout ratio0.350.000.150.130.130.080.180.210.180.19

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

May 18PDF
Jan 28PDF
FY 2022

Annual report

PDF

Investor Presentation

May 18PDF
Jan 27PDF
Jul 28PDF
FY 2023

Annual report

PDF

Investor Presentation

May 19PDF
Jan 23PDF
Oct 21PDF
Jul 29PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 28PDF
 

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Route Mobile Ltd26.064.500.71%
Tata Consultancy Services Ltd33.5116.851.72%
Infosys Ltd30.298.982.40%
HCL Technologies Ltd30.627.042.94%

Price Comparison

Compare ROUTE with any stock or ETF
Compare ROUTE with any stock or ETF
ROUTE
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Shareholdings

Promoter Holdings Trend

Increased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has increased by 24.96%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 2.19%

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 10.09%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding83.11%1.01%0.03%5.75%10.11%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun20.29%21.34%21.76%21.59%15.84%5.75%

Mutual Funds Holding Trend

Decreased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has decreased by 1.34%

Top 5 Mutual Funds holding Route Mobile Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
UTI Small Cap Fund - Direct Growth Plan

Growth
0.3183%0.68%-0.19%87/97 (-12)
ICICI Prudential Technology Fund - Growth - Direct Plan

Growth
0.2226%0.16%-0.05%56/75 (-8)
UTI Innovation Fund - Direct Plan - Growth Option

Growth
0.1704%2.01%-0.81%24/30 (-4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Route Mobile Ltd

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ROUTE has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.69%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹6.95 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 11, 2024

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Jul 11, 2024

Cash Dividend

Ex DateEx DateFeb 1, 2024

Interim 3
Interim 3 | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Feb 1, 2024

Cash Dividend

Ex DateEx DateNov 3, 2023

Interim 2
Interim 2 | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Nov 3, 2023

Cash Dividend

Ex DateEx DateSep 6, 2023

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

Sep 6, 2023

Cash Dividend

Ex DateEx DateAug 4, 2023

Interim
Interim | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Aug 4, 2023

News & Opinions
Corporate
Proximus Opal completes divestment of 6.03% stake in Route Mobile

Route Mobile announced today that its promoter entity, Proximus Opal S.A., has successfully divested a 6.03% stake in the company through an Offer for Sale (OFS) on 12 September and 13 September 2024, in addition to the 1.95% sell down that was completed on 26 July 2024, to comply with the minimum public holding requirement of 25%. The OFS was oversubscribed and received strong participation from long-only marquee investors. With this development, Proximus Opal, part of the Proximus Group, has reduced its holding in Route Mobile from 83.11% to below 75% and is compliant with the minimum public shareholding criteria, in accordance with the regulatory guidelines set by the Securities and Exchange Board of India (SEBI). Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Route Mobile announces OFS of up to 38 lakh equity shares

Route Mobile announced an offer for sale of up to 38,00,000 equity shares of the company (representing 6.03% of the total issued and paid up equity share capital of the company) by Proximus Opal (promoter of the company). The issue opens for non-retail investors on 12 September 2024 (T day) and for retail investors / non-Retail Investors who choose to carry forward their unallotted bids from T day on 13 September 2024. The floor price of the offer shall be Rs 1,635 per equity share. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Office Boys At Rajdip Gupta's Route Mobile Made CRORES From ESOPs After Firm's IPO | Founder Diaries
2 months agoMint

MMTC Ltd leads losers in ‘A’ group

2 months agoBusiness Standard

Buy Route Mobile, target price Rs 1880: JM Financial

2 months agoEconomic Times

Oberoi Realty, JK Cement, Can Fin Homes, Route Mobile Q1 Results Review: HDFC Securities

2 months agoBloomberg Quint
Corporate
Route Mobile schedules AGM

Route Mobile announced that the 20th Annual General Meeting (AGM) of the company will be held on 20 August 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live

Route Mobile consolidated net profit declines 15.06% in the June 2024 quarter

2 months agoBusiness Standard
Earnings
Route Mobile consolidated net profit declines 15.06% in the June 2024 quarter

Net profit of Route Mobile declined 15.06% to Rs 78.52 crore in the quarter ended June 2024 as against Rs 92.44 crore during the previous quarter ended June 2023. Sales rose 14.07% to Rs 1103.42 crore in the quarter ended June 2024 as against Rs 967.34 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1103.42967.34 14 OPM %11.2213.15 - PBDT125.18131.36 -5 PBT102.88110.23 -7 NP78.5292.44 -15 Powered by Capital Market - Live

2 months agoCapital Market - Live

Stock Alert: Infosys, Tata Technologies, Persistent Systems, L&T Technology, South Indian Bank,

2 months agoBusiness Standard