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Last Updated on: 30 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 543228 | NSE: ROUTE

Route Mobile Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 27, 2024, 10:20 pm

Market Cap 8,633 Cr.
Current Price 1,370
High / Low 1,942/1,334
Stock P/E24.2
Book Value 372
Dividend Yield0.80 %
ROCE20.7 %
ROE18.2 %
Face Value 10.0
PEG Ratio1.21

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Route Mobile Ltd

Competitors of Route Mobile Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
N2N Technologies Ltd 5.57 Cr. 17.2 33.0/17.2 16.80.00 %0.69 %0.63 % 10.0
eMudhra Ltd 7,725 Cr. 933 1,024/41595.6 83.30.13 %17.7 %14.4 % 5.00
BNR Udyog Ltd 19.0 Cr. 63.5 118/51.726.1 35.70.00 %63.6 %53.8 % 10.0
BGIL Films & Technologies Ltd 7.24 Cr. 6.39 10.3/3.28 16.90.00 %4.44 %3.46 % 10.0
Aurum Proptech Ltd 657 Cr. 225 250/125 97.40.00 %12.0 %27.1 % 5.00
Industry Average10,042.00 Cr718.5536.28190.100.42%17.89%16.59%7.60

All Competitor Stocks of Route Mobile Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales3784365636267298469861,0099671,0151,0241,0171,103
Expenses332380502570644743861877840886899892980
Operating Profit4656615685103125132127128125125124
OPM %12%13%11%9%12%12%13%13%13%13%12%12%11%
Other Income4258152815114351311
Interest0113447577689
Depreciation771015201922212121222222
Profit before tax435055477682103120110104132109103
Tax %20%17%16%-1%6%12%17%14%17%15%14%13%21%
Net Profit3442464771738510492881149581
EPS in Rs5.867.287.087.2511.0111.8413.2316.2714.8014.1816.8914.0312.51

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales3674585058459561,4062,0023,5694,0234,159
Expenses2883754337588551,2311,7823,1243,5103,657
Operating Profit80827287101175220445514503
OPM %22%18%14%10%11%12%11%12%13%12%
Other Income4558-31620395762
Interest11712647223030
Depreciation351217232638828687
Profit before tax8081576569162195382455448
Tax %22%25%17%15%16%18%13%13%15%
Net Profit6361485658133170333389378
EPS in Rs31.3712.139.7411.3811.6523.1026.3652.3859.7457.61
Dividend Payout %35%0%15%13%13%9%19%21%18%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-3.17%-21.31%16.67%3.57%129.31%27.82%95.88%16.82%
Change in YoY Net Profit Growth (%)0.00%-18.14%37.98%-13.10%125.74%-101.49%68.06%-79.07%

Route Mobile Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:37%
3 Years:42%
TTM:7%
Compounded Profit Growth
10 Years:%
5 Years:45%
3 Years:40%
TTM:-2%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-7%
1 Year:-11%
Return on Equity
10 Years:%
5 Years:19%
3 Years:17%
Last Year:18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:45 pm

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital20505050505863626363
Reserves50771211732195941,6101,7582,0872,279
Borrowings0188479532016140378564
Other Liabilities15855168185302350964916934875
Total Liabilities2282004234876251,0222,6532,8773,4623,781
Fixed Assets933182170176193952953898888
CWIP100201015261
Investments00011121313201515
Other Assets2181672413044388151,6881,8892,5232,877
Total Assets2282004234876251,0222,6532,8773,4623,781

Reserves and Borrowings Chart

Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +203-6028239822213573-98
Cash from Investing Activity +-35-19-13201-225-821111-2
Cash from Financing Activity +-331846-17-67211824-108158
Net Cash Flow135-61-576322081377659

Free Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow80.0064.00-12.008.0048.00155.00204.00305.00136.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days222670637856947297
Inventory Days-0-0-0-0-0-0-0-0-0
Days Payable
Cash Conversion Cycle222670637856947297
Working Capital Days-130-14-37-5-5-16-51850
ROCE %76%32%28%29%33%17%22%21%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters65.12%59.98%59.82%59.82%58.56%58.43%58.32%58.32%58.15%58.15%57.99%83.11%
FIIs15.05%19.80%20.15%19.94%21.32%21.11%20.30%21.34%21.76%21.59%15.83%5.75%
DIIs5.89%6.65%5.80%7.03%7.18%7.21%8.15%6.81%5.50%5.99%5.83%1.04%
Public13.94%13.56%13.95%13.21%12.94%13.23%13.25%13.53%14.56%14.26%20.35%10.10%
Others0.00%0.00%0.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
No. of Shareholders1,60,7581,89,0072,09,6262,22,1522,22,0942,21,2302,18,9912,10,4911,94,9871,84,0601,75,5491,48,721

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
ICICI Prudential Technology Fund140,0150.1722.79113,0242024-12-2723.88%
ITI Small Cap Fund113,0240.818.39113,0242024-12-270%
Nippon India Nifty Smallcap 250 Index Fund24,4860.233.99113,0242024-12-27-78.34%
Motilal Oswal Nifty Smallcap 250 Index Fund11,1720.231.82113,0242024-12-27-90.12%
Motilal Oswal Nifty 500 Index Fund2,7490.020.45113,0242024-12-27-97.57%
Motilal Oswal Nifty Smallcap 250 ETF6330.230.1113,0242024-12-27-99.44%
Motilal Oswal Nifty 500 ETF930.020.02113,0242024-12-27-99.92%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)59.9552.2927.8224.7613.83
Diluted EPS (Rs.)59.0752.2927.8224.2313.83
Cash EPS (Rs.)75.6366.4233.1527.4618.36
Book Value[Excl.RevalReserv]/Share (Rs.)345.73292.82266.36112.5353.64
Book Value[Incl.RevalReserv]/Share (Rs.)345.73292.82266.36112.5353.64
Revenue From Operations / Share (Rs.)640.75571.63318.44243.65191.25
PBDIT / Share (Rs.)87.8477.4437.9732.9322.33
PBIT / Share (Rs.)74.1364.3731.8728.4717.80
PBT / Share (Rs.)72.4861.1031.0527.9916.82
Net Profit / Share (Rs.)61.9353.3527.0523.0013.82
NP After MI And SOA / Share (Rs.)59.7352.3826.4323.1013.83
PBDIT Margin (%)13.7013.5411.9213.5111.67
PBIT Margin (%)11.5611.2610.0011.689.30
PBT Margin (%)11.3110.689.7511.488.79
Net Profit Margin (%)9.669.338.499.447.22
NP After MI And SOA Margin (%)9.329.168.309.487.23
Return on Networth / Equity (%)17.4417.969.9320.4425.58
Return on Capital Employeed (%)19.1019.1211.4124.6231.75
Return On Assets (%)10.8011.336.2413.0411.03
Long Term Debt / Equity (X)0.060.020.000.010.03
Total Debt / Equity (X)0.160.050.000.010.19
Asset Turnover Ratio (%)1.270.270.280.611.00
Current Ratio (X)2.062.281.852.171.17
Quick Ratio (X)2.062.281.852.171.17
Dividend Payout Ratio (NP) (%)18.5520.9818.300.0021.68
Dividend Payout Ratio (CP) (%)15.0916.7914.870.0016.33
Earning Retention Ratio (%)81.4579.0281.700.0078.32
Cash Earning Retention Ratio (%)84.9183.2185.130.0083.67
Interest Coverage Ratio (X)20.2423.6546.2668.9622.93
Interest Coverage Ratio (Post Tax) (X)14.6517.2933.9649.1715.19
Enterprise Value (Cr.)9669.787767.918665.737674.170.00
EV / Net Operating Revenue (X)2.402.184.335.460.00
EV / EBITDA (X)17.5316.0636.3040.380.00
MarketCap / Net Operating Revenue (X)2.502.394.845.790.00
Retention Ratios (%)81.4479.0181.690.0078.31
Price / BV (X)4.684.695.7912.480.00
Price / Net Operating Revenue (X)2.502.394.845.790.00
EarningsYield0.030.030.010.010.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Route Mobile Ltd as of December 30, 2024 is: 1,651.54

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 30, 2024, Route Mobile Ltd is Undervalued by 20.55% compared to the current share price 1,370.00

Intrinsic Value of Route Mobile Ltd as of December 30, 2024 is: 1,982.74

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 30, 2024, Route Mobile Ltd is Undervalued by 44.73% compared to the current share price 1,370.00

Last 5 Year EPS CAGR: 20.05%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 28.67%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -16.00, which is a positive sign.
  3. The company has higher reserves (896.80 cr) compared to borrowings (135.20 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (314.50 cr) and profit (199.40 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 64.22, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Route Mobile Ltd:
    1. Net Profit Margin: 9.66%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 19.1% (Industry Average ROCE: 17.89%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 17.44% (Industry Average ROE: 16.59%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 14.65
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 2.06
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 24.2 (Industry average Stock P/E: 36.28)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.16
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Route Mobile Ltd. is a Private Limited Listed company incorporated on 14/05/2004 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L72900MH2004PLC146323 and registration number is 146323. Currently Company is involved in the business activities of Other information service activities. Company’s Total Operating Revenue is Rs. 333.81 Cr. and Equity Capital is Rs. 62.87 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Enabled Services4th Dimension, 3rd Floor, Mumbai Maharashtra 400064investors@routemobile.com
http://www.routemobile.com
Management
NamePosition Held
Mr. Guillaume Antoine BoutinChairman & Non-Exe.Director
Mr. Rajdipkumar GuptaManaging Director & Group CEO
Mr. Mark James ReidNon Executive Director
Mr. Anil Kumar ChananaIndependent Director
Mrs. Harita GuptaIndependent Director
Mr. Prakash AdvaniIndependent Director

FAQ

What is the latest intrinsic value of Route Mobile Ltd?

The latest intrinsic value of Route Mobile Ltd as on 30 December 2024 is ₹1651.54, which is 20.55% higher than the current market price of ₹1,370.00. The stock has a market capitalization of 8,633 Cr. and recorded a high/low of 1,942/1,334 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹2,279 Cr and total liabilities of ₹3,781 Cr.

What is the Market Cap of Route Mobile Ltd?

The Market Cap of Route Mobile Ltd is 8,633 Cr..

What is the current Stock Price of Route Mobile Ltd as on 30 December 2024?

The current stock price of Route Mobile Ltd as on 30 December 2024 is 1,370.

What is the High / Low of Route Mobile Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Route Mobile Ltd stocks is 1,942/1,334.

What is the Stock P/E of Route Mobile Ltd?

The Stock P/E of Route Mobile Ltd is 24.2.

What is the Book Value of Route Mobile Ltd?

The Book Value of Route Mobile Ltd is 372.

What is the Dividend Yield of Route Mobile Ltd?

The Dividend Yield of Route Mobile Ltd is 0.80 %.

What is the ROCE of Route Mobile Ltd?

The ROCE of Route Mobile Ltd is 20.7 %.

What is the ROE of Route Mobile Ltd?

The ROE of Route Mobile Ltd is 18.2 %.

What is the Face Value of Route Mobile Ltd?

The Face Value of Route Mobile Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Route Mobile Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE