Route Mobile

₹1330.7 -2.1 | 0.2%

WEBSITE BSE:543228 NSE : ROUTE 23 Mar, 16:01

Market Cap ₹8309 Cr.

Stock P/E 30.7

P/B 4.8

Current Price ₹1330.7

Book Value ₹ 279.8

Face Value 10

52W High ₹1727.3

Dividend Yield 0.38%

52W Low ₹ 1052

Edit Ratio

Route Mobile Research see more...

Equity Research: Route Mobile

Overview Inc. Year: 2004Industry: IT - Software

Route Mobile Ltd proovides cloud-communique platform offerings to enterprises, over-the-top players, and mobile community operators in Africa, the Asia Pacific, Europe, the Middle East, and North America. The enterprise offers messaging, voice, e-mail, SMS filtering, analytics, monetization, and firewall and on the spot digital number solutions. It offers its cloud-conversation services to clients in the social media, banking and economic services, aviation, retail, e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals, and telecom sectors. The business enterprise incorporated in 2004 and is centred in Mumbai, India.

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Route Mobile Quarterly Results

#(Fig in Cr.)	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Net Sales	349	385	362	378	436	563	626	729	846	986
Other Income	5	9	-1	4	2	5	8	15	2	8
Total Income	355	394	362	382	438	567	634	744	848	993
Total Expenditure	307	340	313	332	380	502	570	644	743	861
Operating Profit	47	53	49	50	58	66	65	99	105	132
Interest	1	0	0	0	1	1	3	4	4	7
Depreciation	7	7	6	7	7	7	15	20	19	22
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	39	46	42	43	50	58	47	76	82	103
Provision for Tax	7	9	7	9	8	10	-1	5	10	18
Profit After Tax	33	38	35	34	42	48	47	71	73	85
Adjustments	0	0	-0	-1	0	-2	-2	-2	1	-3
Profit After Adjustments	33	38	35	34	42	47	46	69	74	82
Adjusted Earnings Per Share	5.8	6.6	6.1	5.9	7.3	7.4	7.3	11	11.8	13.2

Route Mobile Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	56	106	132	364	458	505	845	956	1406	2002	3187
Other Income	1	1	2	3	7	5	8	12	16	20	33
Total Income	57	107	134	367	465	509	852	968	1422	2022	3219
Total Expenditure	42	90	112	286	377	433	758	855	1231	1782	2818
Operating Profit	15	17	22	81	88	76	95	113	191	240	401
Interest	0	1	1	1	1	7	12	6	4	7	18
Depreciation	1	2	3	2	5	12	17	23	26	38	76
Exceptional Income / Expenses	0	0	0	0	0	0	0	-15	0	0	0
Profit Before Tax	13	15	19	78	81	57	65	69	162	195	308
Provision for Tax	5	4	6	17	21	10	10	11	29	25	32
Profit After Tax	8	11	13	61	60	48	56	58	133	170	276
Adjustments	0	0	0	0	0	1	0	0	1	-4	-6
Profit After Adjustments	8	11	13	61	60	49	56	58	133	166	271
Adjusted Earnings Per Share	0	0	0	0	0	0	0	11.7	23.1	26.4	43.3

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	42%	33%	34%	0%
Operating Profit CAGR	26%	36%	22%	0%
PAT CAGR	28%	45%	23%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-14%	NA%	NA%	NA%
ROE Average	15%	22%	25%	45%
ROCE Average	17%	25%	27%	56%

Route Mobile Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	17	25	33	71	127	171	223	269	652	1673
Minority's Interest	0	0	0	0	1	-1	-2	-2	-3	2
Borrowings	0	0	0	0	3	5	5	4	3	0
Other Non-Current Liabilities	1	1	0	1	0	-0	-1	5	10	76
Total Current Liabilities	6	10	23	159	69	246	259	346	355	903
Total Liabilities	24	36	57	231	200	421	484	622	1017	2653
Fixed Assets	6	6	7	10	33	182	170	176	193	952
Other Non-Current Assets	1	7	1	7	17	20	32	42	55	32
Total Current Assets	18	23	49	214	150	220	282	404	770	1669
Total Assets	24	36	57	231	200	421	484	622	1017	2653

Route Mobile Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	9	3	14	19	142	81	24	29	62	270
Cash Flow from Operating Activities	1	7	10	203	-60	28	23	98	222	135
Cash Flow from Investing Activities	-5	-5	-2	-3	-11	-130	-5	0	-226	-838
Cash Flow from Financing Activities	-3	-1	-3	-31	14	46	-17	-67	211	824
Net Cash Inflow / Outflow	-6	1	5	168	-57	-56	1	31	207	120
Closing Cash & Cash Equivalent	3	4	19	187	81	24	29	62	270	407

Route Mobile Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	0	0	0	0	0	0	0	11.65	23.1	26.43
CEPS(Rs)	1.98	2.44	3	12.7	13.16	12	14.55	16.18	27.47	33.15
DPS(Rs)	10	10	10	11	0	1.5	1.5	1.5	2	5
Book NAV/Share(Rs)	0	0	0	0	0	0	0	53.88	113	263.03
Core EBITDA Margin(%)	24.48	15.61	15.25	21.4	17.65	14.24	10.3	10.54	12.44	11
EBIT Margin(%)	23.61	14.6	14.79	21.65	18.05	12.68	9.17	7.85	11.74	10.08
Pre Tax Margin(%)	23.34	14.06	14.31	21.43	17.81	11.38	7.72	7.25	11.49	9.75
PAT Margin (%)	15.08	9.97	9.49	16.77	13.2	9.41	6.57	6.09	9.44	8.5
Cash Profit Margin (%)	17.6	11.49	11.4	17.45	14.38	11.88	8.61	8.46	11.27	10.41
ROA(%)	34.72	34.78	26.83	42.34	28.02	15.31	12.27	10.53	16.2	9.27
ROE(%)	49.79	50.01	42.6	116.46	60.91	31.91	28.19	23.65	28.81	14.75
ROCE(%)	77.25	68.96	58.17	142.16	76.14	31.96	27.82	24.5	34.15	17.34
Receivable days	25.77	23.54	44.79	23.47	22.66	46.96	52.29	66.49	54.64	64.21
Inventory Days	0	0	8.84	0	0	0	0	0	0	0
Payable days	10.49	12.57	27.56	45.22	48.73	49.32	31.68	57.54	67.84	71.92
PER(x)	0	0	0	0	0	0	0	0	61.06	58.31
Price/Book(x)	0	0	0	0	0	0	0	0	12.48	5.86
Dividend Yield(%)	0	0	0	0	0	0	0	0	0.14	0.32
EV/Net Sales(x)	-0.12	-0.03	-0.09	-0.46	-0.09	0.06	0.04	-0.01	5.46	4.33
EV/Core EBITDA(x)	-0.46	-0.21	-0.51	-2.05	-0.48	0.41	0.35	-0.1	40.22	36.07
Net Sales Growth(%)	0	88.82	24.22	176.15	25.7	10.35	67.28	13.21	47.05	42.37
EBIT Growth(%)	0	16.76	25.85	304.12	4.82	-22.52	21.05	-3.11	119.95	22.27
PAT Growth(%)	0	24.78	18.26	387.96	-1.05	-21.31	16.8	4.86	128.09	28.11
EPS Growth(%)	0	0	0	0	0	0	0	4.98	98.24	14.4
Debt/Equity(x)	0.01	0.1	0.17	0	0.15	0.49	0.35	0.15	0.01	0
Current Ratio(x)	2.83	2.29	2.14	1.35	2.16	0.89	1.09	1.17	2.17	1.85
Quick Ratio(x)	2.83	2.29	2	1.35	2.2	0.89	1.09	1.17	2.17	1.85
Interest Cover(x)	86.18	26.81	30.29	99.77	73.67	9.77	6.32	13.15	46.25	30.27
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0

Route Mobile Shareholding Pattern

#	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	66.33	65.75	65.35	65.35	65.12	59.98	59.82	59.82	58.56	58.44
FII	10.34	15.7	15.94	15.61	15.05	19.8	20.15	19.94	21.32	21.1
DII	13.42	8.22	5.77	6.01	5.89	6.65	5.8	7.03	7.17	7.22
Public	9.91	10.32	12.94	13.02	13.94	13.56	14.22	13.21	12.94	13.24
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022
Promoter	3.77	3.77	3.77	3.77	3.77	3.77	3.77	3.77	3.64	3.64
FII	0.59	0.9	0.92	0.9	0.87	1.25	1.27	1.26	1.33	1.32
DII	0.76	0.47	0.33	0.35	0.34	0.42	0.37	0.44	0.45	0.45
Public	0.56	0.59	0.75	0.75	0.81	0.85	0.9	0.83	0.8	0.82
Others	0	0	0	0	0	0	0	0	0	0
Total	5.69	5.74	5.77	5.77	5.79	6.29	6.3	6.3	6.22	6.23