Route Mobile Limited

NSEI:ROUTE Stock Report

Market Cap: ₹34.8b

Route Mobile Future Growth

Future criteria checks 3/6

Route Mobile is forecast to grow earnings and revenue by 30% and 3.6% per annum respectively. EPS is expected to grow by 28.4% per annum. Return on equity is forecast to be 12.8% in 3 years.

Key information

30.0%

Earnings growth rate

28.42%

EPS growth rate

Software earnings growth19.6%
Revenue growth rate3.6%
Future return on equity12.77%
Analyst coverage

Low

Last updated15 Apr 2026

Recent future growth updates

Recent updates

Narrative Update Apr 22

ROUTE: Leadership Transition And Governance Changes Will Support Future Upside Potential

Analysts have trimmed their price target on Route Mobile from ₹766.25 to ₹705.00, reflecting updated views on a slightly different discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News An upcoming special and extraordinary shareholders meeting is scheduled for March 30, 2026, via postal ballot in India to consider the appointment of Mr. Seckin Arikan as Chairman and Non Executive Non Independent Director.
Narrative Update Apr 08

ROUTE: Leadership Changes And Stable Assumptions Will Support Future Upside Potential

Analysts have revised their price target on Route Mobile to ₹766.25. The updated view reflects small adjustments to assumptions such as a slightly lower discount rate, marginally softer revenue growth and profit margin expectations, and a modestly higher future P/E multiple.
Narrative Update Mar 24

ROUTE: Leadership Transition And Stable Assumptions Will Support Future Upside Potential

Analysts have kept Route Mobile's fair value estimate steady at ₹766.25, with only marginal fine tuning to the discount rate, revenue growth, profit margin and future P/E inputs that together support an unchanged overall price target. What's in the News Board meeting scheduled for February 9, 2026 to consider and approve unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with other agenda items permitted by the Chair (company filing).
Narrative Update Mar 09

ROUTE: Leadership Transition And Steady Profitability Will Support Future Upside

Analysts have kept their fair value estimate for Route Mobile steady at ₹766.25, with only small tweaks to assumptions around the discount rate, revenue growth, profit margin, and future P/E guiding this unchanged price target. What's in the News A board meeting is scheduled for February 9, 2026 to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with other business with the Chair's approval (company filing).
Narrative Update Feb 23

ROUTE: Leadership Reshuffle And Stable Margins Will Support Future Upside Potential

Analysts have trimmed their price target on Route Mobile from ₹875 to ₹766.25, citing updated assumptions for revenue growth, profit margins, and a slightly higher discount rate. This also feeds into a lower expected future P/E multiple.
Narrative Update Feb 06

ROUTE: Stable Forecasts And ESOP Cancellations Will Support Earnings Upside

Analysts have kept their fair value estimate for Route Mobile steady at ₹875. Small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions have offset each other, leaving the overall price target effectively unchanged.
Narrative Update Jan 23

ROUTE: ESOP Cancellations And Dividend Plans Will Support Earnings Upside Next Year

Analysts have nudged their fair value estimate for Route Mobile slightly higher from ₹870 to ₹875, citing updated assumptions around discount rates, revenue growth, profit margin and future P/E as key inputs to the revised price target. What's in the News Board meeting scheduled for December 15, 2025, at 13:30 IST to approve and record the cancellation of 500 stock options granted under the Route Mobile ESOP Plan 2021 for an employee whose employment has ended (Key Developments).
Narrative Update Jan 08

ROUTE: Middle East Telecom Alliance Will Support Earnings Upside Next Year

Analysts have maintained their fair value estimate for Route Mobile at ₹870.0, noting only minor adjustments to inputs such as the discount rate, expected revenue growth, profit margin and future P/E that do not materially change their overall price target view. What's in the News Board meeting scheduled for Dec 15, 2025, to approve cancellation of 500 stock options under the Route Mobile ESOP Plan 2021 for an employee whose employment has ceased (company filing).
Narrative Update Dec 18

ROUTE: Middle East Telecom Partnership Will Drive Earnings Upside Next Year

Analysts have modestly revised their price target on Route Mobile, keeping fair value broadly unchanged at ₹870. This reflects a slightly higher discount rate, stable growth and margin expectations, and a largely steady future earnings multiple.
Narrative Update Dec 04

ROUTE: Middle East Messaging Partnership Will Drive Earnings Upside Next Year

Analysts have nudged their price target on Route Mobile modestly higher to ₹870.0. This reflects slightly improved profit margin expectations and a marginally higher future P/E assumption that together offset a small downward revision in projected revenue growth. What's in the News Route Mobile has scheduled a board meeting on November 3, 2025, to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, and address other business matters (Board Meeting).
Narrative Update Nov 20

ROUTE: Future Middle East Partnerships Will Drive Earnings Upside Next Year

Narrative Update on Route Mobile: Analyst Price Target Revision Analysts have slightly increased their price target for Route Mobile from ₹867.5 to ₹870.0. They cite improvements in profit margin and future earnings projections, even as expectations for revenue growth remain tempered. What's in the News The board meeting is scheduled for November 3, 2025, to review and approve unaudited financial results for the quarter and half year ended September 30, 2025.
Narrative Update Nov 05

ROUTE: Future Digital Expansion Across Middle East Will Drive New Opportunities

Narrative Update on Route Mobile: Analyst Price Target Revision Analysts have revised Route Mobile's fair value estimate downward from ₹971.25 to ₹867.50. This change reflects updated expectations for long-term profitability and growth metrics.
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New Narrative Feb 10

Integration With BICS And TeleSign Under Proximus Global Will Expand Global CPaaS Capabilities

Integration under Proximus Global and expansion into numerous countries enhances Route Mobile's market leadership and revenue potential in the CPaaS sector.
Analysis Article Jun 11

Potential Upside For Route Mobile Limited (NSE:ROUTE) Not Without Risk

Route Mobile Limited's ( NSE:ROUTE ) price-to-earnings (or "P/E") ratio of 26.4x might make it look like a buy right...
Analysis Article May 13

Route Mobile's (NSE:ROUTE) Shareholders May Want To Dig Deeper Than Statutory Profit

Route Mobile Limited's ( NSE:ROUTE ) stock didn't jump after it announced some healthy earnings. We think that...
Analysis Article May 10

Route Mobile Limited (NSE:ROUTE) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Shareholders might have noticed that Route Mobile Limited ( NSE:ROUTE ) filed its yearly result this time last week...
Analysis Article Apr 19

Investors Could Be Concerned With Route Mobile's (NSE:ROUTE) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jan 26

Route Mobile Limited Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, Route Mobile Limited ( NSE:ROUTE ) recently reported its quarterly numbers. Revenues ₹10b...
Analysis Article Dec 16

Route Mobile (NSE:ROUTE) Is Reinvesting At Lower Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Oct 31

Route Mobile (NSE:ROUTE) Has Affirmed Its Dividend Of ₹3.00

The board of Route Mobile Limited ( NSE:ROUTE ) has announced that it will pay a dividend on the 23rd of November, with...
Analysis Article Jun 07

Does Route Mobile (NSE:ROUTE) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article May 16

Returns On Capital At Route Mobile (NSE:ROUTE) Paint A Concerning Picture

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article Jan 29

Route Mobile (NSE:ROUTE) Is Paying Out A Larger Dividend Than Last Year

Route Mobile Limited ( NSE:ROUTE ) has announced that it will be increasing its dividend from last year's comparable...

Earnings and Revenue Growth Forecasts

NSEI:ROUTE - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202848,0163,6863,802N/A4
3/31/202745,2803,4503,699N/A4
3/31/202643,9622,1922,426N/A4
12/31/202544,5231,863N/AN/AN/A
9/30/202545,2901,7115,7765,948N/A
6/30/202545,2302,935N/AN/AN/A
3/31/202545,7563,1895,8126,025N/A
12/31/202444,1773,504N/AN/AN/A
9/30/202442,5823,8321,8932,171N/A
6/30/202441,5943,612N/AN/AN/A
3/31/202440,2333,751-1,332-976N/A
12/31/202340,1493,886N/AN/AN/A
9/30/202339,7633,653-788-549N/A
6/30/202338,0763,501N/AN/AN/A
3/31/202335,6923,271352732N/A
12/31/202231,8662,711N/AN/AN/A
9/30/202227,6372,3321,2471,657N/A
6/30/202223,5352,018N/AN/AN/A
3/31/202220,0201,6621,1751,346N/A
12/31/202117,3841,579N/AN/AN/A
9/30/202115,6051,494774932N/A
6/30/202114,7411,401N/AN/AN/A
3/31/202114,0621,3332,1452,222N/A
12/31/202013,0951,115N/AN/AN/A
9/30/202011,8889221,5691,596N/A
6/30/202010,527724N/AN/AN/A
3/31/20209,563583912985N/A
3/31/20198,447569N/A228N/A
3/31/20185,049485N/A281N/A
3/31/20174,593607N/A-594N/A
3/31/20163,674627N/A2,026N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ROUTE's forecast earnings growth (30% per year) is above the savings rate (6.9%).

Earnings vs Market: ROUTE's earnings (30% per year) are forecast to grow faster than the Indian market (16.9% per year).

High Growth Earnings: ROUTE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ROUTE's revenue (3.6% per year) is forecast to grow slower than the Indian market (11% per year).

High Growth Revenue: ROUTE's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ROUTE's Return on Equity is forecast to be low in 3 years time (12.8%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 00:32
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Route Mobile Limited is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
MOEZ CHANDANICentrum Broking Limited
null nullDBS Bank Ltd
Dipesh MehtaEmkay Global Financial Services Ltd.