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RateGain Travel Technologies Limited

RateGain Travel Technologies Limited

NSE: RATEGAIN
Software - ApplicationTechnologyMID CAPMCap ₹10.11k Cr
₹853.65₹22.70 (+2.73%)

Market Closed • NSE

Market cap₹10.11k Cr
Enterprise value₹10.56k Cr
P/E TTM41.68
Forward P/E23.19
P/B5.03
EPS TTM₹20.48
Forward EPS₹36.82
ROCE5.06%
D/E0.47
Dividend yield0.00%
Face value₹1.00
52W high₹1,050.00
52W low₹437.00
Price chart(1Y)
1Y Return:+12.51% (+₹94.95)
H: ₹1,050L: ₹737
1W+0.49%
1M-1.48%
3M-10.35%
6M+46.65%
1Y+23.86%
Today at a glance

Day range

₹828.00₹874.30

52 week range

₹437.00₹1,050.00
Volume300.7K1.26x 20D avg
Free float50.00%+25.80% volume

RateGain Travel Technologies Limited closed at INR853.65 (+2.73%) on volume 1.26x its 20-day average, trading 18.7% below its 52-week high.

Technical analysis
RSI (14)48.2Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹30.44High
SMA 20₹849.86BULLISH
SMA 50₹892.85BEARISH
SMA 100₹875.04BEARISH
SMA 200₹729.09BULLISH
CPR bottom₹848.17
Pivot₹842.43
CPR top₹836.69
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -64.1% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹948.7 Cr₹10.11k Cr9.38%≤ 33%PASS
Non-halal income ratio–₹1.82k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹3.39k Cr₹3.56k Cr95.14%≥ 20%PASS
Receivables ratio–₹3.56k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E41.6822.80
Forward P/E23.19—
P/B5.033.70
EV/EBITDA—18.00
PEG—2.10
Earnings yield2.404.40
Growth & profitability
RevenuePAT
FY24PAT margin 15.20%
FY25PAT margin 19.40%
FY26PAT margin 10.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+105.50%
Revenue CAGR 5Y+13.80%
PAT CAGR 3Y+39.20%
PAT CAGR 5Y+6.00%
Operating margin17.07%
Net margin10.38%
Financial health & cash flow
Net debt₹775.6 CrModerate
Interest coverage8.20xEBIT / interest
CFO / PAT0.80x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹233.7 Cr
Capital expenditure–
Free cash flow₹229.6 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation50/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.47x

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Software - Application.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2024

Ownership distribution

Dec 2024Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024
26.61%Institutional holding
24.53%Public holding
2Periods available
0.00%Promoter pledged
90KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)48.41%-4.30% latest vs average
Highest delivery54.44%on 29 Sept
Average volume (20D)253.8KTrading-session average
Conviction trendWeakening-4.30% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹7.80L15.662.31%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.15L13.945.02%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.29L18.935.10%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.61L12.915.05%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.34L26.183.41%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.21L23.091.92%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.19L65.340.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.05L163.440.00%₹2,264.00₹184.00+18.41%+134.07%
About RateGain Travel Technologies Limited
RateGain Travel Technologies Limited

RateGain Travel Technologies Ltd is the leading distribution technology company globally and the largest Software as a Service (SaaS) provider in the travel and hospitality industry in India. The firm offers travel and hospitality services across different verticals like hotels, airlines, online travel agents, meta-search companies, package providers, car rentals, cruises, and ferries.[1]

IndiaTechnology

Questions investors ask
Is RateGain Travel Technologies Limited Shariah compliant?

RateGain Travel Technologies Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (9.38%) complies with AAOIFI threshold (≤ 33%).

What is RateGain Travel Technologies Limited's current valuation relative to peers?

RateGain Travel Technologies Limited trades at a P/E of 41.7x compared to the sector median of 22.8x, and a Price-to-Book of 5.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.47x. Interest coverage is 8.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 13.8% while net profit growth averaged 6%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.