| Management target | Revenue FY27 |
|---|
| Revenue growth | +153% YoY, acquisition-led; organic +14%; QoQ down ₹40 Cr (FIFA one-off). |
|---|---|
| Margins | Adjusted EBITDA 22.7% Q2 (reported 20.5%); FY27 guide 22.5–23.5%; synergy-led. |
| Demand visibility | Properties/destinations >20% organic H1; corporate down ~14% H1; Middle East uncertainty persists. |
| Management confidence | Balanced-to-optimistic; candid on corporate decline; maintains FY27 guidance; hedged recovery. |
Growth
Q2 revenue ₹745.4 Cr, +153% acquisition-led; organic +14%, sequentially down ₹40 Cr on FIFA one-off and DMO seasonality.
Outlook
FY27 revenue at upper end of ₹3,000–3,100 Cr; adjusted margin 22.5–23.5%; net debt free by FY28.
Risks
Corporate down 14% H1 with recovery unproven; Middle East revenue down ~48%; segment figures are unaudited management estimates.
Earnings Call Transcript filed with NSE, NSE: RATEGAIN. Summary written with AI assistance from the document.
RateGain Travel Technologies Ltd: key numbers
- Share price
- ₹819.45
- Market cap
- ₹9,715 Cr
- Revenue (annual)
- ₹1,824 Cr
- Net profit (annual)
- ₹194.4 Cr
- P/E (TTM)
- 36.5×Sector 23.8×
- Promoter holding
- 48.86%+0.08% QoQ
- FII holding
- 6.89%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from RateGain Travel Technologies Ltd
All →RateGain Travel Technologies Results Update
RateGain reported Q2 FY27 operating revenue of INR 745.4 Cr, up 152.6% YoY, with adjusted EBITDA margin at 22.7%. Adjusted PAT rose 78% YoY to INR 90.8 Cr.
RateGain Travel Technologies Investor Presentation: Key Takeaways
Q2 FY27 operating revenue INR 745.4 Cr (+152.6% YoY), Adj. EBITDA INR 169.1 Cr (22.7% margin), Adj. PAT INR 90.8 Cr. Growth is Sojern-driven and integration is ongoing.
RateGain Travel Technologies Q2 FY27 Results: Net Profit ₹74.7 Cr, Up 46.5% YoY
RateGain Travel Technologies Ltd reported revenue from operations of ₹745.4 Cr (+152.6% YoY) and net profit of ₹74.7 Cr (+46.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹74.7 Cr · +46.5% YoY
RateGain Travel Technologies Debt & Borrowing: ₹434.8 Cr
RateGain Travel Technologies' UK subsidiary has prepaid USD 46.25 Million (approx. ₹434.75 Crore) of its loan facility. This reduces the outstanding debt to USD 31.25 Million.
- Value
- ₹434.8 Cr
RateGain Travel Technologies Board Meeting Date
RateGain Travel Technologies will hold a board meeting on 5 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The trading window closes from 1 October 2026 until 48 hours after results.
RateGain Travel Technologies Employee Stock Options
RateGain granted 53,021 Stock Appreciation Rights under its SAR Scheme 2022 at ₹800 and ₹862.25 per unit. The grants vest over four years and are exercisable within three years of vesting.
- Execution
- Vesting over 4 years (10% Y1, 20% Y2, 30% Y3, 40% Y4); exercisable within 3 years of vesting