RATEGAIN share price, P/E, ROE & financials

Rategain Travel Technologies (RATEGAIN) had a P/E of 32.3× on 6 Nov 2026, above the industry P/E of 27.7×, and the shares are 31% below their 52-week high. Sales and net profit grew 48% and 42% a year over 3 years, with ROCE of 9.8% and ROE of 13%. Debt is 0.34× equity. It is a small-cap company with a market cap of ₹8,606 Cr, ranked 10th of 74 Software (Application) companies by market cap; the shares rose 19% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹813.55
Day high: ₹813.55
Day low: ₹710.00
Prev. close: ₹819.45
Volume: 18 L

Health check

2 good · 1 fair · 3 to check

ReturnsAhead
+19.5% over a year, better than 5 of 7 peers.
Price tagPricier
P/E 32.3 vs industry 27.7.
GrowthStrong
Sales +47.8%, profit +41.6% a year over 3 years.
ProfitabilityWeak
ROCE 9.8% vs peer median 12.6%.
Balance sheetFair
Debt 0.34× equity, interest covered 9.0×, Piotroski 4 of 9.
Red flags1 to check
31% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Software - Application

73 listed peers. Screen the industry

Small cap

₹8,606 Cr, #10 of 74 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹2,747 Cr · profit ₹266 Cr

Market cap: ₹8,606 Cr; Small cap
P/E: 32.3; Industry 27.7
Price to book: 3.88; Peers 8.24
Dividend yield: 0.00%
ROE: 13.2%; Peers 15.3%
ROCE: 9.8%; Peers 12.6%
Debt to equity: 0.34; Debt ₹757 Cr
EPS (TTM): ₹22.46; Face value ₹1
OPM (TTM): 19.4%; Net margin 9.7%
Sales growth: +152.6%; Latest quarter vs a year ago
Profit growth: +46.5%; Latest quarter vs a year ago
Price to sales: 3.13; EV/EBITDA 18.9

Strengths

Quarterly profit up 46.5% on a year ago.
Quarterly sales up 152.6% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

31% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Rategain Travel Technologies

RateGain Travel Technologies Limited, a software as a service (SaaS) company, provides solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally. The company operates through three segment Data-as-a-Service (DaaS), Distribution, and MarTech. It offers data as a service, such as competitive rate intelligence for hotels, airlines, OTAs, car rentals, tour operators, and cruises; revenue…

Headquarters: Noida
Employees: 713
Sector: Technology
ISIN: INE0CLI01024
Website: rategain.com

Price range

52 weeks

₹437.00₹1,050.00

Today

₹710.00₹813.55

Avg volume (3M): 3.4 L
1-year return: plus 19.5%
From 52-week high: minus 30.8%

Analyst consensus

12 analysts

BuyMean target ₹1,058.83 45.8%

Target range, with today’s price

Low ₹650.00High ₹1,200.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Software - Application

Compare with peers Screen the whole industry

Company
TATAELXSITata Elxsi	3,855.00	minus 1.66%	24,019	35.8	8.24	26.2%	23.9%	22.7%	6.1%	−5.9%	1.95%	minus 27.2%
URBANCOUrban Company	158.12	minus 0.25%	23,446	–	12.14	−7.2%	−21.5%	−22.9%	34.7%	–	0.00%	plus 6.5%
KFINTECHKfin Technologies	915.80	minus 1.14%	15,835	45.6	9.75	18.9%	22.6%	38.1%	22.5%	20.6%	1.31%	minus 13.4%
KPITTECHKPIT Technologies	540.45	plus 0.12%	14,713	27.7	3.99	21.3%	15.3%	26.7%	24.2%	18.7%	1.39%	minus 53.3%
BBOXBlack Box	810.95	minus 5.36%	14,402	62.2	11.18	12.6%	21.3%	9.0%	0.2%	109.3%	0.12%	plus 56.1%
AMAGIAmagi Media Labs	568.25	minus 0.04%	12,293	119.9	6.74	5.0%	6.3%	3.9%	30.3%	–	0.00%	plus 63.2%
BLACKBUCKBLACKBUCK	557.55	plus 3.06%	10,161	56.4	6.71	11.7%	12.8%	23.9%	53.9%	–	0.00%	minus 17.3%
RATEGAINRategain Travel Technologies	726.35	minus 11.36%	8,606	32.3	3.88	9.8%	10.5%	17.1%	47.8%	41.6%	0.00%	plus 19.5%
Median of 7 peers	–	−0.25%	14,713	51.0	8.24	12.6%	15.3%	22.7%	24.2%	19.7%	0.12%	−13.4%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
295	540	716	785	745
241	471	569	613	592
53.6	69.1	147	172	153
18.2%	12.8%	20.5%	21.9%	20.5%
21.5	34.6	2.6	3.1	−0.3
0.3	12.5	18.4	16.5	16.1
9.3	27.7	35	37.5	39.3
–	−34.6	–	–	–
65.5	28.9	96.2	121	97.4
22.2%	8.5%	27.2%	21.3%	23.3%
51	26.5	70	94.9	74.7
4.31	2.24	5.91	8.02	6.30

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +47.8%
Profit CAGR 3Y: +41.6%
EPS CAGR 3Y: +37.7%
ROE: 13.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
565	957	1,077	1,824
–	+69.3%	+12.5%	+69.4%
470	761	841	1,478
94.8	196	236	346
16.8%	20.5%	21.9%	19.0%
16.8	37.5	71.3	50.5
1.5	1.4	1.3	31.5
35.8	41	34.9	80.7
−7	−2.7	1.4	−31.9
67.3	189	272	252
−1.7%	23.0%	23.3%	22.9%
68.4	145	209	194
–	+112.6%	+43.7%	minus 7.0%
6.29	12.84	17.72	16.43

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.8	11.8	11.8	11.8
699	1,439	1,671	1,994
17.7	16.7	16	949
218	264	205	605
945	1,731	1,904	3,560
23	21.4	23.8	36.8
23.9	22.6	116	–
317	1,060	1,152	198
581	627	613	3,325
945	1,731	1,904	3,560

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
51.9	152	120	234
12.6	−568	−45.4	−1,282
−1.7	581	−1.7	836
62.8	165	72.8	−212
−4.4	−3.7	−6.5	−4.1
47.5	148	113	230

Shareholding pattern

Source: NSE filings

48.9%

promoters

Promoters48.86%
Public51.08%
Employee trusts0.06%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	48.86%	51.08%	plus 0.08
30 Jun 2026	48.78%	51.17%	plus 0.01
31 Mar 2026	48.77%	51.17%	plus 0.22
31 Dec 2025	48.55%	51.39%	plus 0.39
30 Sep 2025	48.16%	51.78%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you