On 6 Nov 2026, ROUTE MOBILE was priced at ₹451.50, or 8.1× trailing earnings, against an industry P/E of 18.5×, and the shares are 41% below their 52-week high. Sales grew 7.3% a year over 3 years while net profit fell 9.9%, with ROCE of 13% and ROE of 13%. It carries very little debt, and its dividend yield is 2.9%. It is a small-cap company with a market cap of ₹2,845 Cr, ranked 8th of 20 Telecom Services companies by market cap; the shares fell 36% over the past year.
- ₹455.15
- ₹459.80
- ₹450.00
- ₹459.10
- 1.3 L
Health check
- ReturnsBehind
−35.5% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 8.1 vs industry 18.5.
- GrowthSlow
Sales +7.3%, profit −9.9% a year over 3 years.
- ProfitabilityWeak
ROCE 12.5% vs peer median 18.6%.
- Balance sheetSolid
Practically debt-free, Piotroski 8 of 9.
- Red flags1 to check
41% below its 52-week high.
Small cap
Defensive
Key metrics
- Market cap
- ₹2,845 Cr
- Small cap
- P/E
- 8.1
- Industry 18.5
- Price to book
- 0.98
- Peers 3.27
- Dividend yield
- 2.88%
- ROE
- 13.3%
- Peers 20.2%
- ROCE
- 12.5%
- Peers 18.6%
- Debt to equity
- 0.01
- Debt ₹39 Cr
- EPS (TTM)
- ₹55.43
- Face value ₹10
- OPM (TTM)
- 11.0%
- Net margin 7.6%
- Sales growth
- +5.4%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.62
- EV/EBITDA 3.4
Strengths and risks
Strengths
- Practically debt-free.
- Dividend yield of 2.88%.
- P/E of 8.1 against an industry P/E of 18.5.
Risks to check
- 41% below its 52-week high.
About ROUTE MOBILE
Route Mobile Limited provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally. The company offers messaging, voice, e-mail, enhanced business messaging, identity and verification, bespoke solutions, and other solutions. It also provides A2P messaging that includes SMS, 2-way messaging, and Acculync; enterprise email communication, RCS messaging, and OTT…
- Headquarters
- Mumbai
- Employees
- 497
- Sector
- Communication Services
- ISIN
- INE450U01017
- Website
- routemobile.com
Price range
- Avg volume (3M)
- 2.2 L
- 1-year return
- minus 35.5%
- From 52-week high
- minus 41.3%
Peers · Telecom Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHARTIARTLBharti Airtel | 2,107.20 | plus 2.45% | 13,15,371 | 41.5 | 12.1 | 16.7% | 57.1% | 1.00 | 14.9% | minus 2.7% |
| IDEAVodafone Idea | 12.76 | minus 1.01% | 1,38,246 | 3.7 | 17.1 | 36.9% | 42.7% | – | 2.1% | plus 37.0% |
| INDUSTOWERIndus Towers | 383.10 | minus 0.03% | 1,01,061 | 14.2 | 6.4 | 18.4% | 54.6% | 0.56 | 4.6% | minus 2.4% |
| BHARTIHEXABharti Hexacom | 1,664.40 | minus 2.01% | 83,220 | 42.3 | 17.3 | 21.1% | 52.9% | 0.86 | 12.4% | minus 9.3% |
| TATACOMMTata Communications | 1,704.80 | minus 0.52% | 48,601 | 44.1 | 12.3 | 15.3% | 19.9% | 3.71 | 11.6% | minus 10.1% |
| TTMLTata Teleservices (Maharashtra) | 39.77 | plus 12.57% | 7,775 | 26.0 | 43.1 | – | 55.0% | – | 1.5% | minus 36.3% |
| RAILTELRailtel Corporation Of India | 241.05 | minus 0.16% | 7,736 | 22.8 | 11.0 | 18.7% | 14.6% | 0.03 | 29.8% | minus 33.7% |
| ROUTEROUTE MOBILE | 451.50 | minus 1.66% | 2,845 | 8.1 | 3.0 | 12.5% | 7.7% | 0.01 | 7.3% | minus 35.5% |
| Median of 7 peers | – | −0.16% | 83,220 | 26.0 | 12.3 | 18.6% | 52.9% | 0.86 | 11.6% | −9.3% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,051 | 1,107 | 1,131 | 1,152 | 1,180 | |
| 957 | 961 | 995 | 1,046 | 1,065 | |
| 93.9 | 146 | 136 | 105 | 115 | |
| 8.9% | 13.2% | 12.0% | 9.2% | 9.8% | |
| 11 | 12.9 | 27.9 | 11.1 | 12.2 | |
| 5.8 | 1.4 | 1.2 | 1.4 | 2.5 | |
| 22.5 | 22.6 | 23.6 | 23.7 | 23.8 | |
| 76.6 | 135 | 139 | 91.5 | 101 | |
| 23.2% | 24.1% | 17.8% | 25.1% | 18.2% | |
| 53.2 | 97.7 | 109 | 62.6 | 79.6 | |
| 8.45 | 15.51 | 17.35 | 9.94 | 12.63 |
Profit & loss
- Sales CAGR 3Y
- +7.3%
- Profit CAGR 3Y
- −9.9%
- EPS CAGR 3Y
- −10.1%
- ROE
- 13.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3,569 | 4,023 | 4,576 | 4,408 | |
| – | +12.7% | +13.7% | minus 3.7% | |
| 3,104 | 3,493 | 4,041 | 3,954 | |
| 465 | 530 | 534 | 454 | |
| 13.0% | 13.2% | 11.7% | 10.3% | |
| 30.3 | 14.3 | 1 | 144 | |
| 18.7 | 26.3 | 39 | 9.6 | |
| 81.6 | 86.1 | 89.1 | 91.6 | |
| −13.9 | 23 | 18.9 | −144 | |
| 382 | 455 | 426 | 353 | |
| 12.7% | 14.6% | 21.6% | 27.2% | |
| 327 | 375 | 319 | 239 | |
| – | +14.7% | minus 15.0% | minus 25.0% | |
| 52.29 | 59.07 | 50.69 | 37.94 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 62.4 | 62.8 | 63 | 63 | |
| 1,758 | 2,087 | 2,369 | 2,707 | |
| 140 | 378 | 468 | 42 | |
| 925 | 944 | 926 | 745 | |
| 2,885 | 3,472 | 3,826 | 3,556 | |
| 73 | 69.3 | 63.8 | 83.6 | |
| 6.2 | 5.5 | 5.1 | 11.9 | |
| 6.4 | 17.6 | 15.7 | 9.3 | |
| 787 | 625 | 1,063 | 1,207 | |
| 2,013 | 2,754 | 2,678 | 2,244 | |
| 2,885 | 3,472 | 3,826 | 3,556 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 73.2 | −97.6 | 602 | 581 | |
| 112 | −2.1 | −260 | −14 | |
| −108 | 158 | −33.8 | −535 | |
| 77.6 | 58.3 | 309 | 31.9 | |
| −38.1 | −35.6 | −21.3 | −26.4 | |
| 35.2 | −133 | 581 | 555 | |
| −68.6 | −69.6 | −74.2 | −71.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 3.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.