RateGain Travel Technologies Ltd.

RateGain Travel Technologies Ltd.

786.50
INR
+6.65
(+0.85%)
20.49EPS
43.76P/E
106.29BMarket Cap
Nov 17Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
24.5
37.35
23.49
36.77
52.29
85.61
91.36
154.51
197.77
Basic EPS, GAAP
1.03
-1.88
-2.68
0.84
6.33
13.01
17.73
16.47
20.52
Free Cash Flow per Basic Share
3.2
1.28
1.86
1.32
4.39
13.25
9.63
19.45
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
13.41
12.89
22.93
57.7
65.52
123.15
142.62
169.85
- -
Tangible Book Value per Share
7.1
-4.26
8.37
39.24
30.97
93.87
115.15
-30.48
- -
Basic Weighted Avg Shares
107
107
107
100
108
112
118
118
118
Sales/Revenue/Turnover
2,616
3,987
2,508
3,666
5,651
9,570
10,767
18,236
23,357
Operating Margin (%)
4.1
-1.99
-5.89
2.51
10.44
16.24
18.65
14.53
14.98
Depreciation Expense
202
427
359
301
358
410
349
807
1,095
Net Income, GAAP
110
-201
-286
84
684
1,454
2,089
1,944
2,424
Effective Tax Rate (%)
- -
- -
- -
22.31
- -
23.02
23.25
22.85
22.12
Profit Margin (%)
4.22
-5.04
-11.39
2.3
12.1
15.19
19.41
10.66
10.38
Working Capital
749
535
1,764
3,986
3,114
10,657
12,241
2,787
- -
LT Debt
458
1,187
1,007
147
140
138
133
7,010
- -
Total Equity
1,432
1,377
2,449
6,192
7,097
14,505
16,827
20,059
- -
Return on Invested Capital (%)
- -
- -
- -
0.25
- -
10.71
9.72
7.66
- -
Return on Capital (%)
- -
- -
- -
2.5
- -
13.35
13.26
9.4
- -
Return on Common Equity (%)
- -
-14.32
-14.94
1.95
10.29
13.46
13.34
10.54
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,477
- -
LT Borrowings
- -
6,826
- -
LT Finance Leases
- -
184
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
118
118
118
Market Capitalization
81,568
51,863
106,287

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
9,546
- -
Cash, Cash Equivalents & STI
- -
1,985
- -
Accounts Receivable, Net
- -
4,562
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
6,758
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,477
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
61.4%
19.21%
Free Cash Flow
- -
103.35%
102.28%
Net Income, GAAP
- -
146.46%
-6.96%
Sales/Revenue/Turnover
- -
50.31%
69.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,600
2,773
2,787
2,607
10,767
2026
2,729
2,951
5,400
7,156
18,236
2027
7,850
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.85
4.43
4.8
4.65
17.73
2026
3.98
4.32
2.24
5.93
16.47
2027
8.03
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Bhanu Chopra
Full Time Employees
759
Sector
Technology services
Industry
Packaged software
Address
Tower A, Club 125 Noida UP India 201301
IPO Date
Dec 17, 2021
Business
RateGain Travel Technologies Limited (RATEGAIN.NS) is a leading global provider of AI-powered SaaS solutions for the travel and hospitality industry, offering interconnected products that manage the revenue creation value chain through big-data analytics, real-time intelligence, and seamless integrations with technology platforms. The company delivers data as a service including competitive rate intelligence, pricing optimization, revenue management, and travel-intent data for hotels, airlines, online travel agents (OTAs), meta-search companies, car rentals, tour operators, vacation rentals, package providers, cruises, ferries, and travel-retail; distribution solutions such as enterprise/metasearch/global distribution system (GDS) connectivity, channel managers (e.g., DHISCO), and content management; marketing technology (MarTech) encompassing managed media services, paid digital media, social media management, and guest experience platforms for reputation management; as well as specialized tools like Optima for rate intelligence, Parity+ for rate parity, Navigator for real-time rate shopping across 1,100+ sources and 800+ OTAs, and Packages Intelligence for tour operators. Founded in 2004 and headquartered in Noida, India, RateGain serves over 3,200 customers and 700+ partners across 100+ countries, including key markets in India, North America, Asia-Pacific, Europe, and internationally, with target customers spanning hospitality chains, airlines, OTAs, car rentals, cruises, and destination marketing organizations. In recent developments, RateGain completed the acquisition of U.S.-based Sojern, Inc., a provider of AI-powered travel marketing solutions, for $250 million in November 2025 through its wholly owned subsidiary RateGain Merger Sub, Inc., enhancing its demand-generation capabilities and positioning it as a top global travel technology provider by revenue and customer reach serving 13,000+ hospitality and travel brands. The company renewed its partnership with Singapore Airlines for four years in November 2025, building on a seven-year collaboration; formed strategic integrations such as with Arpón's UNO Channel Manager and HotelIQ's Navigator in November 2025; and underwent a rebranding with a new logo in November 2025 to emphasize its identity as an AI-first, connected travel technology leader. These moves reflect RateGain's focus on inorganic growth, AI-led expansions, and strengthened global operations, including increased investments via its UK subsidiary RateGain Technologies Limited.