Route Mobile Balance Sheet Health
Financial Health criteria checks 6/6
Route Mobile has a total shareholder equity of ₹28.2B and total debt of ₹419.8M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹35.6B and ₹7.3B respectively. Route Mobile's EBIT is ₹4.2B making its interest coverage ratio 65.4. It has cash and short-term investments of ₹14.1B.
Key information
1.49%
Debt to equity ratio
₹419.80m
Debt
| Interest coverage ratio | 65.4x |
| Cash | ₹14.06b |
| Equity | ₹28.22b |
| Total liabilities | ₹7.35b |
| Total assets | ₹35.56b |
Recent financial health updates
No updates
Recent updates
Narrative Update • Jul 15
ROUTE: Partnership-Led Messaging Expansion Will Support A Stronger Long-Term Outlook
Analysts have revised their fair value estimate for Route Mobile to ₹775 from ₹1,000, reflecting updated assumptions for revenue growth, profit margins, discount rate, and future P/E multiples. What’s in the News for Route Mobile Upcoming board meeting on Jul 13, 2026, to discuss the proposed acquisition of the AI led Omnichannel Business Undertaking of Heltar Technologies Private Limited by Route Connect Private Limited, a wholly owned subsidiary of Route Mobile, along with other matters.
Narrative Update • Jul 01
ROUTE: Future Earnings Guidance Will Support A More Conservative Yet Positive Outlook
Analysts have reduced their fair value estimate for Route Mobile from ₹720.00 to ₹585.00, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E, which together point to a more conservative price target. What’s in the News for Route Mobile Route Mobile issued earnings guidance for Fiscal Year 2026-27, indicating an expectation of revenue growth in the mid to high single-digit range.
Narrative Update • Jun 17
ROUTE: Earnings Guidance And Higher P/E Multiple Will Support Future Upside Potential
Analysts have reiterated their price target for Route Mobile at ₹718.75, citing largely unchanged fair value and earnings assumptions, with only minor tweaks to the discount rate and projected future P/E multiple. What's in the News for Route Mobile Route Mobile issued earnings guidance for Fiscal Year 2026-27, indicating an expectation of mid to high single digit revenue growth.Narrative Update • Jun 02
ROUTE: Earnings Guidance And Higher P/E Assumptions Will Support Future Upside Potential
Analysts have nudged their fair value estimate for Route Mobile from ₹705 to ₹718.75, citing updated assumptions on the discount rate, revenue growth, profit margin and forward P/E, which collectively shape a slightly higher price target. What's in the News Route Mobile issued earnings guidance for Fiscal Year 2026-27, indicating an expectation of mid to high single digit revenue growth.Analysis Article • May 15
Route Mobile's (NSE:ROUTE) Soft Earnings Don't Show The Whole Picture
Route Mobile Limited's ( NSE:ROUTE ) earnings announcement last week didn't impress shareholders. Despite the soft...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.
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...Financial Position Analysis
Short Term Liabilities: ROUTE's short term assets (₹25.5B) exceed its short term liabilities (₹6.6B).
Long Term Liabilities: ROUTE's short term assets (₹25.5B) exceed its long term liabilities (₹734.8M).
Debt to Equity History and Analysis
Debt Level: ROUTE has more cash than its total debt.
Reducing Debt: ROUTE's debt to equity ratio has reduced from 3.1% to 1.5% over the past 5 years.
Debt Coverage: ROUTE's debt is well covered by operating cash flow (1384.4%).
Interest Coverage: ROUTE's interest payments on its debt are well covered by EBIT (65.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/10 18:01 |
| End of Day Share Price | 2026/09/10 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 8 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.
| Analyst | Institution |
|---|---|
| MOEZ CHANDANI | Centrum Broking Limited |
| null null | DBS Bank Ltd |
| Dipesh Mehta | Emkay Global Financial Services Ltd. |