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Earnings Call

RateGain Travel Technologies Earnings Call: Key Takeaways

RateGain delivered record Q4 revenue of ₹716cr (+175% YoY) and full-year FY26 revenue of ₹1,824cr (+69.4%), driven by the Sojern acquisition and double-digit organic growth.

Why this was an Alfa AlertManagement raised FY27 revenue guidance to ₹3,000-3,100cr, implying 65-70% YoY growth, exceeding the 50% growth threshold.
Highlights
Revenue growthFY26: 69.4% YoY; Q4: 175% YoY; FY27 Guide: 65-70%.
MarginsFY27 EBITDA margin target 21.5% to 22.5%.
Order bookAnnualized Revenue Run-rate (ARR) reached ₹2,850cr.
Demand visibilityStrong pipeline in APMEA; double-digit organic growth returning.
Management confidenceHigh; visibility on scaling AI-powered operating system for travel.

Growth

FY26 revenue grew 69.4% YoY. Q4 organic revenue grew 19.3%. Adjusted EBITDA margin for Q4 stood at 23.5%.

Outlook

FY27 guidance: ₹3,000–3,100cr revenue (65-70% growth) and 21.5–22.5% EBITDA margin. Debt-free target by FY28.

Risks

Geopolitical issues in the Middle East impacted DMO and property segments (₹16.5cr deferred revenue impact).

Source

Earnings Call filed with BSE, NSE: RATEGAIN. Summary written with AI assistance from the document.

Read the document ↗

RateGain Travel Technologies Ltd: key numbers

Share price
₹827.75
Market cap
₹9,812 Cr
Revenue (annual)
₹1,824 Cr
Net profit (annual)
₹194.4 Cr
P/E (TTM)
40.5×Sector 22.1×
Promoter holding
48.78%+0.01% QoQ
FII holding
5.75%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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