The 9 reports from 7 analysts offering long term price targets
for Route Mobile Ltd. have an average target of 1325.00. The consensus estimate
represents an upside of 6.93%
from the last price of 1239.15.
Route Mobile Ltd (Route), incorporated in 2004, is a Mumbai headquartered leading Cloudcommunication platform provider, catering to enterprises, over-the-top (OTT) players and Mobile network operators. Their product portfolio includes smart solutions in Messaging, Voice, Email and SMS filtering, Analytics and Monetization. Route is one of the most prominent and largest CPaaS (cloud communication platform as a service) players in the world, especially in Asia, Africa & the Middle East. Route has ~300+employees and has...
A prominent player in digital communication space Route Mobile Ltd (RML), incorporated in 2004, is a Mumbai headquartered leading Cloudcommunication platform provider, catering to enterprises, over-the-top (OTT) players and Mobile network operators. Their product portfolio includes smart solutions in Messaging, Voice, Email and SMS filtering, Analytics and Monetization. RML is one of the most prominent and largest CPaaS (cloud communication platform as a service) players in the world, especially in Asia, Africa & the Middle...
Over FY18 -20, the company has grown at a CAGR of 37.6% with organic and inorganic way and EBITDA has grown at a CAGR of 15%. Acquisition of new services and entering new geographies helps the company to be upgraded with the current requirement in the market which in turn helps the company to acquire new larger accounts. With cross sell and up sell opportunities available to its acquired clients, will help the company to grow ahead. ROCE of the company have improved to 23.6% in FY20 and ROE stands at 25.3% in FY20.PAT for FY20 stands at Rs 68.3cr. At the given upper price band of issue of Rs 350, Route Mobile is offered at PE of 19x Q1FY21 annualised EPS which is attractive. We recommend subscribing to the issue.
Route Mobile Ltd (RML) provides cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players and mobile network operators (MNOs). The company's enterprise solution comprises two primary components front-end that provides an interface for enterprises to integrate with and a back-end that is directly integrated with over 240 MNOs and provides access to over 800 MNOs globally, enabling it to leverage their SMS and voice channels for digital communication (Super Network). The company's total income & EBITDA has grown at a CAGR of...
Rs. 10 each, (Comprising of fresh issue of 6,857,143 Total Public Equity Shares* (Rs. 240 cr.) and Offer for Sale of 10,285,714 Equity Shares* (Rs. 360 cr.) by Selling...
