MarketFriction

Route Mobile Ltd

NSE ROUTE · BSE 543228 · Other Telecom Services
₹436.40 -1.93%
NSE close2026-10-01
52 week range410.70 - 815.00
Market cap₹2,815 Cr.
P/E7.95
IPO 2020 · +25% since Microcap 250 Price band 20% Delivery 46.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0151,0241,0171,1031,1131,1841,1751,0511,1191,1071,1311,152
Expenses8868998929809781,0541,0539579839619951,046
Operating Profit12812512512413513012294136146136105
OPM %13%12%12%11%12%11%10%9%12%13%12%9%
Other Income4351311399-1311-109132811
Interest7689149862111
Depreciation212222222222222223232424
Profit before tax1041321091031371077977213513991
Tax %15%14%13%21%22%20%24%23%1,042%24%18%25%
Net Profit881149581107856059-1910311469
EPS in Rs14.1816.8914.0312.5116.0813.098.988.45-3.3715.5117.359.94
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3674585058459561,4062,0023,5694,0234,5764,4084,509
Expenses2883754337588551,2311,7823,1243,5104,0463,8663,985
Operating Profit80827287101175220445514529542524
OPM %22%18%14%10%11%12%11%12%13%12%12%12%
Other Income4558-31620395728-84-57
Interest11712647223042136
Depreciation3512172326388286899293
Profit before tax8081576569162195382455426353368
Tax %22%25%17%15%16%18%13%13%15%22%27%
Net Profit6361485658133170333389334257267
EPS in Rs31.3712.139.7411.3811.6523.1026.3652.3859.7450.6137.9439.43
Dividend Payout %35%0%15%13%13%9%19%21%18%22%29%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth28%26%7%0%
Compounded Profit Growth18%20%0%16%
Stock Price CAGR%-26%-34%-43%
Return on Equity17%15%15%13%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2050505050586362636363
Reserves50771211732195941,6101,7582,0872,3692,707
Borrowings018847953201614037846842
Other Liabilities15855168185302350964916934912720
Total Liabilities2282004234876251,0222,6532,8773,4623,8123,531
Fixed Assets933182170176193952953898818890
CWIP10020101526328
Investments0001112131320151617
Other Assets2181672413044388151,6881,8892,5232,9462,617
Total Assets2282004234876251,0222,6532,8773,4623,8123,531
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity203-6028239822213573-98602581
Cash from Investing Activity-35-19-13201-225-821111-2-261-16
Cash from Financing Activity-331846-17-67211824-108158-34-535
Net Cash Flow135-61-57632208137765930830
Free Cash Flow197-7822259121411735-133583555
CFO/OP280%-41%51%34%116%137%82%24%-4%132%131%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2226706378569472977475
Inventory Days000000000
Days Payable
Cash Conversion Cycle2226706378569472977475
Working Capital Days-130-26-93-36-22-17-61129740
ROCE %76%32%28%29%33%17%22%21%18%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.15%58.15%57.99%83.11%74.90%74.86%74.86%74.86%74.86%74.85%74.85%74.85%
FIIs21.76%21.59%15.83%5.75%6.65%4.73%4.45%3.60%2.98%2.73%2.49%2.40%
DIIs5.50%5.99%5.83%1.04%6.14%7.87%8.12%7.86%7.19%5.98%4.01%3.46%
Public14.56%14.26%20.35%10.10%12.29%12.48%12.56%13.68%14.96%16.42%18.64%19.29%
Others0.00%0.00%0.00%0.00%0.00%0.06%0.00%0.00%0.00%0.01%0.00%0.00%
No. of Shareholders1,94,9871,84,0601,75,5491,48,7211,51,0201,52,5101,54,0651,57,4061,58,9011,60,5841,58,6591,55,829

Fundamentals

Market Cap₹ 2,815 Cr.
Current Price₹ 447
Stock P/E7.95
Book Value₹ 440
ROCE17.4 %
ROE12.6 %
Dividend Yield2.46 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)0%
Compounded Profit Growth (TTM)16%
Consolidated figures.
Valuation
Market capRs 2,749 Cr
Enterprise valueRs 1,403 Cr
P/E (TTM)11.07x
Price to book0.99x
Price to sales0.61x
EV / EBITDA3.00x
EV / EBIT3.75x
EV / sales0.31x
Price to cash flow4.73x
Earnings yield9.04%
Dividend yield2.52%
P/E, 3-year average18.73x
P/B, 3-year average2.68x
P/E, 5-year average28.13x
P/B, 5-year average3.70x
Profitability
Operating margin (excl. other income)12.29%
Operating margin (incl. other income)10.38%
EBITDA margin10.36%
Pre-tax margin8.16%
Net profit margin5.51%
Net margin, latest quarter5.44%
ROE9.19%
ROCE12.82%
ROA6.51%
ROE, 3-year average14.00%
ROCE, 3-year average17.23%
ROA, 3-year average9.04%
ROE, 5-year average15.01%
ROCE, 5-year average18.17%
ROA, 5-year average9.60%
ROIC (approx.)19.14%
Tax rate27.22%
Other income / net worth-3.04%
Growth
Sales growth (latest year)-3.66%
Profit growth (latest year)-25.04%
Sales CAGR, 3 years7.29%
Sales CAGR, 5 years25.67%
Profit CAGR, 3 years-9.93%
Profit CAGR, 5 years12.38%
Sales growth QoQ1.82%
Profit growth QoQ-42.73%
Sales growth YoY (latest quarter)9.58%
Profit growth YoY (latest quarter)17.67%
Per share
EPS (TTM)Rs 39.43
EPS (latest year)Rs 37.94
EPS (latest quarter)Rs 9.94
EPS, 3-year averageRs 49.43
EPS, 5-year averageRs 45.42
Book value per shareRs 439.63
Sales per shareRs 715.72
Cash flow per shareRs 92.25
Free cash flow per shareRs 88.10
Dividend per share (latest year)Rs 11.00
Dividend per share, 3-year averageRs 11.00
Dividend per share, 5-year averageRs 9.80
Dividends
Dividend payout28.99%
Dividend payout, 3-year average23.05%
Dividend payout, 5-year average21.81%
Efficiency
Asset turnover1.25x
Fixed asset turnover4.95x
Debtor days75 days
Debtors turnover4.85x
Cash conversion cycle75 days
Working capital days40 days
Leverage
Total debtRs 42 Cr
Cash and bankRs 1,389 Cr
Net debtRs -1,347 Cr
Debt to equity0.02x
Net debt / EBITDA-2.88x
Interest coverage58.94x
Current ratio (filing 2026-03-31)3.85x
Quick ratio (filing 2026-03-31)3.85x
Trade payables (filing 2026-03-31)Rs 497 Cr
Owners' fund to total sources78.43%
Debt to assets1.19%
Cash flow
Cash from Operating Activity (latest year)Rs 581 Cr
Cash from Investing Activity (latest year)Rs -16 Cr
Cash from Financing Activity (latest year)Rs -535 Cr
Net Cash Flow (latest year)Rs 30 Cr
Free cash flow (latest year)Rs 555 Cr
FCFE (approx.: FCF + change in debt)Rs 129 Cr
Cash from ops / profit, 5 years0.87x
Sales to cash flow7.59x
Statement figures
Net sales (TTM)Rs 4,509 Cr
Net sales (latest year)Rs 4,408 Cr
Sales (latest quarter)Rs 1,152 Cr
Operating profit excl. other income (latest year)Rs 542 Cr
Operating profit (latest quarter)Rs 105 Cr
Other income (TTM)Rs -57 Cr
EBITDA (TTM)Rs 467 Cr
PBDT (TTM)Rs 461 Cr
Profit before tax (TTM)Rs 368 Cr
Tax (latest year)Rs 96 Cr
Net profit (TTM)Rs 248 Cr
Net profit (latest year)Rs 239 Cr
Net profit (latest quarter)Rs 63 Cr
Depreciation (TTM)Rs 93 Cr
Depreciation (latest quarter)Rs 24 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 3,420 Cr
Total expenditure (latest year)Rs 3,866 Cr
Total income (latest year)Rs 4,324 Cr
Share capitalRs 63 Cr
ReservesRs 2,707 Cr
Shareholders' fundsRs 2,770 Cr
Total assetsRs 3,531 Cr
Net blockRs 890 Cr
Capital work in progressRs 8 Cr
InvestmentsRs 17 Cr
ReceivablesRs 909 Cr
Other liabilitiesRs 720 Cr
Shares outstanding (crore)6.30
Ownership
Promoter holding74.85% (-0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 11.1 is the lowest in its own 6.2-year history (median 30.7, low 11.1, high 181.6).
P/B 0.99 is the lowest in 6.2 years (median 5.14).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodROUTENifty 50Difference
1 week-6.0%-2.8% -3.2 pts
1 month-13.1%-6.8% -6.3 pts
3 months-21.1%-7.6% -13.5 pts
6 months+5.0%+0.4% +4.6 pts
1 year-47.4%-9.9% -37.5 pts
2 years-72.7%-13.6% -59.1 pts
3 years-72.6%+14.2% -86.7 pts
5 years-78.6%+27.9% -106.5 pts
9 mutual fund schemes hold about ₹38 Cr. Over three months 2 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Innovative Opportunities Fund0.46%24 -62%
ICICI Pru Technology Fund0.06%7 +13%
ICICI Pru Infrastructure Fund0.06%5 -20%
Motilal Oswal Nifty Microcap 250 Index Fund0.08%2 +14%
Groww Nifty Total Market Index Fund0.00%0
Angel One Nifty Total Market Index Fund0.00%0
Mirae Asset Nifty Total Market Index Fund0.00%0
Bandhan Nifty Total Market Index Fund0.00%0
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 7 of 8
lookAuditor change Auditor change 2026-09-03: ROUTE MOBILE LIMITED has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,152 Cr +9.6% vs Jun 2025. Net profit ₹69 Cr +16.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-18Dividend - Rs 2 Per Share
2026-07-29Interim Dividend - Rs 4 Per Share
2026-02-13Interim Dividend - Rs 3 Per Share
2025-11-10Interim Dividend - Rs 3 Per Share
2025-08-28Dividend - Rs 2 Per Share
2025-07-23Interim Dividend - Rs 3 Per Sh
2025-01-31Interim Dividend - Rs 3 Per Sh
2024-10-29Interim Dividend - Rs 6 Per Share
2024-07-11Dividend - Rs 2 Per Share
2024-02-01Interim Dividend - Rs 3 Per Share
2023-11-03Interim Dividend - Rs 3 Per Share
2023-09-06Dividend - Rs 2 Per Share
2023-08-04Interim Dividend - Rs 3 Per Share
2023-02-07Interim Dividend - Rs 6 Per Share
2022-11-01Interim Dividend - Rs 3 Per Share
2022-07-14Dividend - Rs 2 Per Share
2022-02-07Interim Dividend - Rs 3 Per Share
2021-07-15 Dividend - Rs 2 Per Share
DateTypeWhat it says
2026-09-22General UpdatesAdoption of New Logo of the Company
2026-09-03Change in AuditorsChange in Auditors of the company.
2026-09-03Shareholder meetingVoting results.
2026-09-02Shareholder meetingProceedings of Annual General Meeting held on September 02, 2026.
2026-09-01Press ReleaseA press release dated September 01, 2026, titled "Marko Erkic appointed as CEO of Masiv.
2026-09-01AppointmentAppointment of Mr Marko Erkic as Senior Management Personnel of the company w.e.f. September 01, 2026.
2026-08-10Record DateRecord date for the purpose of Final Dividend is 18-Aug-2026.
2026-08-10General UpdatesLetter to Shareholders under Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015 - Annual Report and AGM Notice for FY 2025-26.
2026-08-10UpdatesBusiness Responsibility and Sustainability Report.
2026-08-10Shareholder meetingNotice of Annual General Meeting to be held on September 02, 2026.
2026-08-06Press ReleaseA press release dated August 06, 2026, titled "Route Mobile launches new Salesforce-native messaging app on AgentExchange".
2026-07-30UpdatesCommunication to Shareholders - Intimation on Tax Deduction on Final Dividend.
2026-07-29General UpdatesIntimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2026-07-29Concall / analyst meetTranscript
2026-07-28Monitoring Agency ReportMonitoring Agency Report for the quarter ended June 30, 2026.
2026-07-24Concall / analyst meetLink of Recording
2026-07-24UpdatesCommunication to Shareholders - Intimation on Tax Deduction on Interim Dividend.
2026-07-23Investor PresentationInvestor Presentation
2026-07-23Press ReleaseA press release dated July 23, 2026, titled "Route Mobile Limited announces Q1 FY27 Results".
2026-07-23UpdatesIntimation of Annual General Meeting Date.
2026-07-23ESOPForfeiture/Cancellation of 1,250 Stock Options granted under the Route Mobile ESOP Plan 2017 and 22,000 Stock Options granted under the Route Mobile E...
2026-07-23DividendBoard of Directors at its meeting held on July 23, 2026, declared Interim Dividend of Rs. 4 per equity share.
2026-07-23Board meeting outcomeROUTE MOBILE LIMITED has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17Concall / analyst meetSchedule of meet
2026-07-15Record DateRecord date for the purpose of Dividend is 29-Jul-2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Route Mobile Ltd?

Route Mobile Ltd (ROUTE) has a market capitalisation of Rs 2,815 Cr. at the 2026-10-01 close.

What is the P/E ratio of Route Mobile Ltd?

Route Mobile Ltd trades at a P/E of 7.95 on trailing twelve-month profit, at the 2026-10-01 close.

What were Route Mobile Ltd's latest quarterly results?

In the Jun 2026 quarter, Route Mobile Ltd sales was Rs 1,152 Cr (+9.6% vs Jun 2025) and net profit was Rs 69 Cr.

What is the 52-week high and low of Route Mobile Ltd?

The 52-week high is Rs 815.00 and the 52-week low is Rs 410.70.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03