Route Mobile Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 9279.70 Crore) operating in the Services sector.
Route Mobile Ltd. key Products/Revenue Segments include Sale of services for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 743.80 Crore, up 17.23% from last quarter Total Income of Rs 634.48 Crore and up 94.72% from last year same quarter Total Income of Rs 381.99 Crore. The company reported net profit after tax of Rs 71.07 Crore in the latest quarter.
Investment Rationale
Transactions handled by Route have increased from 20.8bn in FY18 to 52bn in FY22 (26% CAGR). Route has a marquee client list including Facebook, Google, etc. with revenues growing at a 5-year CAGR of 34%
Promoter/FII Holdings
Promoters held 59.82 per cent stake in the company as of 30-Jun-2022, while FIIs owned 19.94 per cent, DIIs 7.03 per cent.
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