āagmanLoginNot investment advice. Data and computed figures, for information only.
Rategain Travel Technologies Ltd
₹827.40
−₹36.75 (−4.25%)
NSE · 15 Oct 2026, close
Market Cap
₹10,119 Cr
CMP
₹827.40
52-wk High / Low
₹1,050 / 437
P/E
38.7
P/B
5.0
Book Value
₹170.0
Div Yield
0.00%
ROCE
14.0%
ROE
11.9%
Face Value
₹1
D/E
0.47
Price+21.1% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹251
√(22.5 × EPS × book value per share)
ROIC
6.9%
vs 13.5% sector median
Cash flow to profit
1.21
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+360
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
11.9%
ROE × earnings retention ratio
ROE stability
3.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.01FII +0.40DII +0.00
Latest quarter vs the previous one
Cash-accrual divergence
−1.5%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
+FII holding rose by 1.7pp over the last year
Watch-outs
−Latest ROCE of 14% trails the sector median of 22%
−Promoter holding fell by 7.0pp over the last year
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 214 | 235 | 252 | 256 | 260 | 277 | 279 | 261 | 273 | 295 | 540 | 716 | 785 |
| Expenses | 177 | 188 | 201 | 202 | 210 | 217 | 217 | 200 | 223 | 241 | 453 | 569 | 613 |
| Operating Profit | 38 | 46 | 51 | 54 | 50 | 60 | 61 | 61 | 50 | 54 | 87 | 147 | 172 |
| OPM % | 17.8% | 19.6% | 20.2% | 21.1% | 19.2% | 21.7% | 21.9% | 23.4% | 18.3% | 18.3% | 16.1% | 20.5% | 21.9% |
| Other Income | 6 | 4 | 11 | 21 | 18 | 17 | 20 | 20 | 21 | 22 | −18 | 3 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 18 | 17 |
| Depreciation | 11 | 10 | 10 | 10 | 9 | 9 | 8 | 8 | 9 | 9 | 28 | 35 | 38 |
| Profit before tax | 32 | 39 | 52 | 65 | 58 | 68 | 73 | 72 | 61 | 66 | 29 | 96 | 121 |
| Net Profit | 25 | 30 | 40 | 50 | 45 | 52 | 57 | 55 | 47 | 51 | 26 | 70 | 95 |
| EPS (₹) | 2.30 | 2.77 | 3.43 | 4.24 | 3.85 | 4.43 | 4.79 | 4.64 | 3.97 | 4.32 | 2.24 | 5.92 | 8.01 |
Profit & Loss
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 262 | 399 | 251 | 367 | 565 | 957 | 1,077 | 1,824 | 2,336 |
| Expenses | 239 | 423 | 244 | 334 | 479 | 766 | 843 | 1,478 | 1,876 |
| Operating Profit | 23 | −24 | 7 | 32 | 87 | 191 | 234 | 345 | 459 |
| OPM % | 8.8% | −6.0% | 2.8% | 8.7% | 15.4% | 20.0% | 21.7% | 18.9% | 19.6% |
| Other Income | 11 | 59 | 13 | 16 | 20 | 42 | 76 | 27 | 9 |
| Interest | 4 | 10 | 9 | 7 | 3 | 3 | 3 | 39 | 48 |
| Depreciation | 20 | 43 | 36 | 30 | 36 | 41 | 35 | 81 | 110 |
| Profit before tax | 9 | −18 | −25 | 11 | 67 | 189 | 272 | 252 | 311 |
| Net Profit | 11 | −20 | −29 | 8 | 68 | 145 | 209 | 194 | 242 |
| EPS (₹) | 168.40 | −306.87 | −436.20 | 0.78 | 6.31 | 12.34 | 17.70 | 16.45 | 20.49 |
Balance Sheet
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 11 | 11 | 12 | 12 | 12 | — |
| Reserves | 142 | 137 | 244 | 608 | 699 | 1,439 | 1,671 | 1,994 | — |
| Borrowings | 54 | 144 | 117 | 18 | 18 | 17 | 16 | 949 | — |
| Other Liabilities | 87 | 116 | 78 | 140 | 208 | 255 | 198 | 468 | — |
| Total Liabilities | 285 | 397 | 440 | 777 | 936 | 1,722 | 1,897 | 3,423 | — |
| Fixed Assets | 106 | 216 | 168 | 222 | 396 | 364 | 348 | 2,403 | — |
| CWIP | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 | — |
| Investments | 41 | 45 | 129 | 165 | 140 | 179 | 319 | 25 | — |
| Other Assets | 138 | 136 | 143 | 390 | 399 | 1,177 | 1,230 | 996 | — |
| Total Assets | 285 | 397 | 440 | 777 | 936 | 1,722 | 1,897 | 3,423 | — |
Cash Flows
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 36 | 19 | 21 | 17 | 52 | 152 | 120 | 234 |
| Cash from Investing Activity | −3 | −111 | −81 | −276 | 16 | −566 | −38 | −1,244 |
| Cash from Financing Activity | −6 | 73 | 93 | 240 | −2 | 581 | −2 | 836 |
| Net Cash Flow | 27 | −19 | 33 | −20 | 66 | 168 | 80 | −174 |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| ROCE % | — | −4.0 | −6.0 | 3.0 | 10.0 | 17.0 | 17.0 | 14.0 |
| ROE % | — | — | — | — | — | — | — | 11.9 |
| EPS (₹) | 168.40 | −306.87 | −436.20 | 0.78 | 6.31 | 12.34 | 17.70 | 16.45 |
| Book Value (₹) | — | — | — | — | — | — | — | 170.0 |
| Face Value (₹) | — | — | — | — | — | — | — | 1 |
| P/E | — | — | — | — | — | — | — | 38.7 |
| Div Yield % | — | — | — | — | — | — | — | 0.00 |
| NPM % | 4.0 | −4.4 | −11.0 | 2.1 | 11.6 | 14.5 | 18.1 | 10.5 |
| OPM % | 9.0 | −6.0 | 2.9 | 9.0 | 15.0 | 20.0 | 22.0 | 19.0 |
| D/E | 0.38 | 1.05 | 0.48 | 0.03 | 0.03 | 0.01 | 0.01 | 0.47 |
| P/B | — | — | — | — | — | — | — | 5.0 |
Growth
Compounded sales growth
5 years+49.0%
3 years+48.0%
TTM+114.0%
Compounded profit growth
5 years+55.0%
3 years+48.0%
TTM+24.0%
Stock price CAGR
3 years+12.0%
Last year+25.0%
Return on equity
5 years12.0%
3 years13.0%
Last year12.0%
Documents
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseTranscript Of Fourteenth (14Th) Annual General MeetingClosure of Trading WindowAnnouncement Under Regulation 30 (LODR)Corporate actions
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman