Financials RateGain Travel Technologies Limited

Equities

RATEGAIN

INE0CLI01024

Software

Market Closed - NSE India S.E. 05:13:55 12/07/2024 pm IST 5-day change 1st Jan Change
824.2 INR +1.63% Intraday chart for RateGain Travel Technologies Limited +3.34% +13.24%

Valuation

Fiscal Period: March 2022 2023 2024 2025 2026
Capitalization 1 35,852 37,229 97,174 - -
Enterprise Value (EV) 1 35,852 34,054 79,010 89,482 86,573
P/E ratio - 54.6 x 55.8 x 46.7 x 36.5 x
Yield - - - - -
Capitalization / Revenue 9.78 x 6.59 x 8.83 x 8.44 x 7.06 x
EV / Revenue 9.78 x 6.03 x 8.26 x 7.77 x 6.29 x
EV / EBITDA 117 x 40.2 x 41.6 x 36.3 x 27.5 x
EV / FCF 271 x 71.7 x 53.4 x 54.3 x 41.5 x
FCF Yield 0.37% 1.39% 1.87% 1.84% 2.41%
Price to Book 5.47 x 5.25 x 5.82 x 5.77 x 4.99 x
Nbr of stocks (in thousands) 1,07,310 1,08,317 1,17,909 - -
Reference price 2 334.1 343.7 824.2 824.2 824.2
Announcement Date 16/05/22 19/05/23 21/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net sales 1 - 3,666 5,651 9,570 11,513 13,754
EBITDA 1 - 305.6 846.5 1,897 2,464 3,149
EBIT 1 - 4.91 488.4 1,487 2,002 2,665
Operating Margin - 0.13% 8.64% 15.54% 17.39% 19.38%
Earnings before Tax (EBT) 1 - 108.4 672.6 1,889 2,669 3,404
Net income 1 -285.8 84.19 684 1,454 2,059 2,620
Net margin - 2.3% 12.1% 15.19% 17.89% 19.05%
EPS 2 -3.090 - 6.290 12.84 17.63 22.55
Free Cash Flow 1 - 132.1 475 1,481 1,647 2,085
FCF margin - 3.6% 8.4% 15.47% 14.3% 15.16%
FCF Conversion (EBITDA) - 43.23% 56.11% 78.05% 66.85% 66.22%
FCF Conversion (Net income) - 156.9% 69.44% 101.85% 79.97% 79.58%
Dividend per Share - - - - - -
Announcement Date 16/08/21 16/05/22 19/05/23 21/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - 1,246 1,383 1,829 2,145 2,208 2,463 2,565 2,641
EBITDA 1 - 175.9 - 322.1 377.9 413 518.5 525.5 524.7
EBIT 1 - 92.1 145.1 214 264.7 274.5 388 422.8 418.7
Operating Margin - 7.39% 10.49% 11.7% 12.34% 12.43% 15.75% 16.48% 15.85%
Earnings before Tax (EBT) 1 - - - - 321.1 336 470 594 648.5
Net income 1 84.19 129.6 132.3 337.9 249.1 270.3 357.5 424 466.5
Net margin - 10.4% 9.57% 18.47% 11.61% 12.24% 14.52% 16.53% 17.67%
EPS 2 0.7800 1.200 1.220 3.110 2.280 2.367 3.275 3.625 4.050
Dividend per Share - - - - - - - - -
Announcement Date 01/08/22 07/11/22 10/02/23 19/05/23 07/08/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - - 3,175 5,476 7,692 10,601
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - 132 475 1,481 1,647 2,085
ROE (net income / shareholders' equity) - 1.95% 10.3% 13.5% 13.6% 14.6%
ROA (Net income/ Total Assets) - - - - 11.1% 11.3%
Assets 1 - - - - 18,551 23,189
Book Value Per Share 2 - 61.00 65.50 123.0 143.0 165.0
Cash Flow per Share - - - - - -
Capex 1 - 36 44.2 37.3 181 169
Capex / Sales - 0.98% 0.78% 0.39% 1.57% 1.23%
Announcement Date 16/08/21 16/05/22 19/05/23 21/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
824.2 INR
Average target price
940 INR
Spread / Average Target
+14.06%
Consensus
  1. Stock Market
  2. Equities
  3. RATEGAIN Stock
  4. Financials RateGain Travel Technologies Limited