Rategain Travel Technologies Limited

NSE: RATEGAIN · Information Technology

₹726.35-11.36%06 Nov 2026

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Instant answers about Rategain Travel Technologies Limited — computed from its filings, no language model

Market cap₹8,605 cr

Current price₹726.35

High / Low₹990 / ₹438

P/E32.3

P/B3.88

Book value₹187.3

ROE12.0%

ROCE13.8%

Debt / equity0.33

Dividend yield—

EPS (TTM)₹22.46

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY22	FY23	FY24	FY25	FY26
Revenue	367	565	957	1,077	1,824
EBITDA	31	85	190	232	337
Operating margin	8.3%	15.0%	19.8%	21.6%	18.5%
Interest	5	2	1	1	32
Depreciation	30	36	41	35	81
Profit before tax	11	67	189	272	252
Tax	2	-1	43	63	58
Net profit	8	0	145	209	194
EPS ₹	0.84	6.33	13.01	17.73	16.47
Operating cash flow	20	52	152	120	234
Capex	4	4	4	6	4
Dividend paid	0	0	0	0	0
Total assets	—	945	1,731	1,904	3,560
Equity	—	710	1,450	1,683	2,006

Quarterly performance

last 20 quarters · ₹ crore

showing latest 8 of 20 periods

	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	99	108	119	125	138	183	214	235	252	256	260	277	279	261	273	295	540	716	785	745
Operating profit	9	15	12	18	23	32	38	46	51	54	50	60	61	61	50	54	87	147	172	153
Operating margin	9.4%	14.2%	10.0%	14.1%	16.6%	17.6%	17.6%	19.8%	20.3%	21.2%	19.1%	21.7%	22.1%	23.2%	18.2%	18.2%	16.1%	20.5%	21.9%	20.5%
Other income	2	6	8	7	1	5	6	4	11	21	18	17	20	20	21	22	17	3	3	-0
Interest	2	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	12	18	17	16
Depreciation	8	8	8	8	8	11	11	10	10	10	9	9	8	8	9	9	28	35	38	39
Profit before tax	0	12	11	16	15	26	32	39	52	65	58	68	73	72	61	66	29	96	121	97
Tax	0	1	3	3	1	-8	7	9	12	15	13	16	17	18	14	15	2	26	26	23
Net profit	0	12	0	0	13	0	0	30	40	50	45	52	57	55	47	51	26	70	95	75
EPS ₹	0.01	1.09	0.78	1.20	1.23	3.13	2.30	2.77	3.59	4.25	3.85	4.43	4.80	4.65	3.98	4.32	2.24	5.93	8.03	6.31
Revenue YoY	—	—	—	—	39.7%	69.6%	79.8%	88.4%	82.2%	39.8%	21.2%	18.1%	10.6%	1.9%	5.0%	6.4%	93.8%	174.5%	187.6%	152.6%
Profit YoY	—	—	—	—	—	-100.0%	—	—	205.5%	—	—	73.8%	39.9%	9.6%	3.4%	-2.3%	-53.2%	27.7%	102.2%	46.5%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 17 periods

	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	1.8%	3.8%	1.9%	1.9%	5.6%	9.1%	8.3%	11.4%	12.1%	13.1%	12.4%	12.5%	11.5%	9.9%	9.7%	12.1%	12.0%
ROCE	6.6%	8.6%	9.7%	12.6%	14.7%	19.5%	13.1%	14.9%	15.8%	17.1%	16.3%	16.4%	15.1%	13.3%	9.7%	12.3%	13.8%
Net margin	2.6%	5.1%	2.3%	2.0%	5.6%	8.0%	12.6%	16.5%	18.0%	19.0%	19.4%	19.3%	18.9%	13.1%	10.7%	10.4%	9.6%
EBITDA margin	12.0%	13.8%	15.0%	16.7%	18.1%	19.0%	19.8%	20.1%	20.6%	21.1%	21.6%	21.3%	20.4%	18.3%	18.5%	19.7%	20.1%
Debt / equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.46	0.46	0.33
Interest coverage	12.61	26.85	45.55	63.21	80.97	108.38	138.85	161.44	187.42	208.27	215.35	219.50	224.23	18.06	9.00	7.52	6.40
Asset turnover	0.57	0.62	0.60	0.70	0.73	0.84	0.55	0.58	0.57	0.59	0.57	0.57	0.54	0.67	0.51	0.66	0.77

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	11	11	11	12	12	12	12	12	12
Other equity / reserves	642	699	760	1,439	1,546	1,671	1,805	1,994	2,207
Total equity	653	710	771	1,450	1,557	1,683	1,817	2,006	2,218
Borrowings	0	0	0	0	0	0	0	921	733
Current liabilities	110	192	227	248	234	193	213	676	740
Non-current liabilities	32	43	54	33	31	29	28	878	646
Total assets	795	945	1,052	1,731	1,823	1,904	2,058	3,560	3,604
Property, plant & equipment	7	6	7	7	8	10	12	12	14
Capital work-in-progress	0	0	—	0	0	0	0	0	0
Investments	155	140	128	179	242	319	332	25	7
Inventories	0	0	0	0	0	0	0	0	0
Receivables	87	161	200	205	223	212	243	471	513
Cash & equivalents	41	100	187	268	253	347	419	173	232

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	20	52	152	120	234
Cash from investing	-298	13	-568	-45	-1,268
Cash from financing	240	-2	581	-2	836
Capex	4	4	4	6	4
Free cash flow	17	48	148	113	230
Dividends paid	0	0	0	0	0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹14 cr0%

Investments

₹7 cr0%

Receivables

₹513 cr14%

Cash & equivalents

₹232 cr6%

Other assets

₹2,838 cr79%

Peer comparison

largest in Information Technology · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Tata Consultancy Services Ltd.	9,04,457	2,498.50	17.5	7.60	43.4%
Infosys Ltd.	4,78,703	1,181.40	15.6	4.83	31.0%
HCL Technologies Ltd.	3,90,960	1,440.00	21.3	5.14	24.1%
Wipro Ltd.	1,96,119	198.00	14.9	2.48	16.7%
Tech Mahindra Ltd.	1,62,227	1,831.00	35.2	5.47	15.5%
LTM Ltd.	1,28,405	4,338.00	24.6	4.96	20.2%
Persistent Systems Ltd.	95,494	6,053.50	72.3	11.12	15.4%
Coforge Ltd.	91,967	2,076.00	47.7	4.11	8.6%
Oracle Financial Services Software Ltd.	89,075	10,215.00	25.0	11.59	46.4%
MphasiS Ltd.	48,121	2,520.00	24.0	4.46	18.5%
Rategain Travel Technologies Limited	8,605	726.35	32.3	3.88	12.0%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-15.0%

6 months+14.5%

1 year+11.8%

3Y CAGR+1.2%

5Y CAGR—

10Y CAGR—

50-day avg₹842.66

200-day avg₹740.17

RSI (14)33

FAQs

What is the share price of Rategain Travel Technologies Limited?

Rategain Travel Technologies Limited (RATEGAIN) closed at ₹726.35 on NSE on 06 Nov 2026.

What is the market cap of Rategain Travel Technologies Limited?

₹8,605 crore at the latest close.

What is the P/E ratio of Rategain Travel Technologies Limited?

32.3, on trailing-twelve-month earnings from its filings.

How fast is Rategain Travel Technologies Limited growing?

Rategain Travel Technologies Limited: revenue has compounded at 47.8% a year over three years. Latest-quarter revenue is up 152.6% year on year, profit up 46.5%.

How profitable is Rategain Travel Technologies Limited?

On a trailing-twelve-month basis return on equity is 12.0%, return on capital employed 13.8%, operating margin 20.1%, net margin 9.6%.

How much debt does Rategain Travel Technologies Limited have?

Rategain Travel Technologies Limited is lightly geared: debt to equity is 0.33 with borrowings of ₹733 cr against cash of ₹232 cr (balance sheet of 2026-09-30). Operating profit covers interest 6.4 times.

Financials parsed from Rategain Travel Technologies Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '21, annual from FY22, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.