Route Mobile Limited

NSEI:ROUTE Stock Report

Market Cap: ₹34.8b

Route Mobile Past Earnings Performance

Past criteria checks 1/6

Route Mobile has been growing earnings at an average annual rate of 10.3%, while the Software industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 20.9% per year. Route Mobile's return on equity is 9.1%, and it has net margins of 5.4%.

Key information

10.31%

Earnings growth rate

8.76%

EPS growth rate

Software Industry Growth22.64%
Revenue growth rate20.87%
Return on equity9.11%
Net Margin5.36%
Last Earnings Update31 Mar 2026

Recent past performance 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...

Revenue & Expenses Breakdown

How Route Mobile makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ROUTE Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2644,6232,39000
31 Dec 2544,5231,8631030
30 Sep 2545,2901,7111030
30 Jun 2545,2302,93500
31 Mar 2545,7563,1891030
31 Dec 2444,1773,5041170
30 Sep 2442,5823,8321170
30 Jun 2441,5943,61200
31 Mar 2440,2333,7511160
31 Dec 2340,1493,886810
30 Sep 2339,7633,653810
30 Jun 2338,0763,50100
31 Mar 2335,6923,271810
31 Dec 2231,8662,711390
30 Sep 2227,6372,3321970
30 Jun 2223,5352,018390
31 Mar 2220,0201,662390
31 Dec 2117,3841,5791100
30 Sep 2115,6051,494170
30 Jun 2114,7411,401170
31 Mar 2114,0621,333170
31 Dec 2013,0951,115460
30 Sep 2011,888922460
30 Jun 2010,527724460
31 Mar 209,563583460
31 Mar 198,4475691050
31 Mar 185,0494851200
31 Mar 174,593607860
31 Mar 163,674627360

Quality Earnings: ROUTE has a large one-off loss of ₹1.4B impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: ROUTE's current net profit margins (5.4%) are lower than last year (7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ROUTE's earnings have grown by 10.3% per year over the past 5 years.

Accelerating Growth: ROUTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ROUTE had negative earnings growth (-25%) over the past year, making it difficult to compare to the Software industry average (11.6%).


Return on Equity

High ROE: ROUTE's Return on Equity (9.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 04:02
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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 6 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.