- Valuation
- ₹5,625 Cr

About Rategain Travel Technologies Limited
Data last updated:
Rategain Travel Technologies Limited is a public limited company based in New Delhi, Delhi, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 16 November 2012 and has been in existence for over 14 years.
Its director Bhanu Chopra and family are #525 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L72900DL2012PLC244966. Its GSTIN is 09AAGCR1959N1ZO (Uttar Pradesh). It is a listed company as per MCA records. Its shares are listed on BSE: 543417 and NSE: RATEGAIN.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.85 Cr. It was formerly known as Rategain Travel Technologies Private Limited and Ridaan Real Estate Private Limited. It is led by directors including Bhanu Chopra (Managing Director) and Aditi Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M – 140 Greater Kailash Part – II, New Delhi, Delhi, India – 110048.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,823.55 Cr, a growth of 69.4% compared to the previous year. For the same year it recorded a net profit of ₹219.02 Cr (net margin 12%) and EBITDA of ₹310.45 Cr (EBITDA margin 17%). The net worth stands at ₹2,005.86 Cr (up 19.2% YoY). Total assets are valued at ₹2,994.79 Cr (up 75.2% YoY).
The company has about 667 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Engage AI and RateGain. As per MCA filings, the company has satisfied charges of ₹133.91 Cr on record. Court records list 16 cases involving the company, including 13 filed by the company and 3 filed against it; 5 cases are pending. The company has 26 deals on record (11 market trades, 9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹283.58 Cr; the latest was in January 2026. The company has 5 MSME Form 1 returns on record between 2020 and 2022, listing 19 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rategain.com.
Company details
Name history
Rategain Travel Technologies has undergone 2 name changes throughout its history. The company was previously known as Rategain Travel Technologies Private Limited, and Ridaan Real Estate Private Limited. The current legal name is Rategain Travel Technologies Limited.
| Company Name | Status |
|---|---|
| Rategain Travel Technologies Limited | Current |
| Rategain Travel Technologies Private Limited | Previous |
| Ridaan Real Estate Private Limited | Previous |
CIN history
Rategain Travel Technologies has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72900DL2012PLC244966, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72900DL2012PLC244966 | Current |
| U72900DL2012PLC244966 | Previous |
| U45400DL2012PTC244966 | Previous |
| U72900DL2012PTC244966 | Previous |
Recognitions & Rankings of Rategain Travel Technologies
- #525 Bhanu Chopra & family ₹6,600 Cr
Contact details
Rategain Travel Technologies Limited's registered office is in New Delhi, Delhi. Its website is rategain.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 140 Greater Kailash Part – II, New Delhi, Delhi, India – 110048
- IndustryInformation Technology, SaaS (Software as a Service) Providers
To see the full contact details of Rategain Travel Technologies Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Rategain Travel Technologies operates two associated brands: Engage AI and RateGain. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered virtual concierge and upsell solution for hotels. | getengageai.com | |
| SaaS solutions for hospitality revenue and operations management are delivered. | rategain.com |
Business activity
The main business activity of Rategain Travel Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Rategain Travel Technologies Limited, buy the company report.
Financials of Rategain Travel Technologies Limited
FY 2025-26 filings availableRategain Travel Technologies Limited reported revenue of ₹1,823.55 Cr (up 69.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,824 | 1,077 | 957 | 565 | 367 | 251 | 399 |
| Revenue growth | +69.4% | +12.5% | +69.4% | +54.2% | +46.2% | -37.1% | - |
| EBITDA | 310 | 234 | 191 | 86.61 | 31.15 | 7.26 | (24.12) |
| EBITDA margin | +17.0% | +21.7% | +20.0% | +15.3% | +8.5% | +2.9% | -6.1% |
| Profit before tax | 252 | 272 | 189 | 67.25 | 10.84 | (24.63) | (17.76) |
| Net profit | 219 | 207 | 145 | 67.43 | 6.86 | (31.68) | (22.86) |
| Net profit margin | +12.0% | +19.2% | +15.2% | +11.9% | +1.9% | -12.6% | -5.7% |
| EPS (₹) | 16.46 | 17.71 | 12.34 | 6.31 | 0.78 | (436.26) | (271.68) |
| Balance sheet | |||||||
| Total assets | 2,995 | 1,709 | 1,477 | 746 | 646 | 365 | 305 |
| Net worth | 2,006 | 1,683 | 1,450 | 710 | 619 | 245 | 138 |
| Total debt | 949 | 16.05 | 16.66 | 17.69 | 18.04 | 117 | 144 |
| Cash & bank | 173 | 350 | 391 | 201 | 245 | 57.34 | 24.35 |
| Net working capital | 502 | 1,024 | 912 | 199 | 260 | 63.82 | 33.62 |
| Cash flow | |||||||
| Cash from operations | 234 | 120 | 152 | 51.92 | 16.81 | 20.60 | 19.14 |
| Cash from investing | (1,244) | (38.38) | (566) | 15.62 | (276) | (80.68) | (111) |
| Cash from financing | 836 | (1.74) | 581 | (1.70) | 240 | 92.88 | 72.78 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 745 | 785 | 716 | 540 | 295 | 273 | 261 | 279 |
| Revenue growth (YoY) | +152.6% | +187.6% | +174.5% | +93.8% | +6.4% | +5.0% | - | - |
| Other income | (0.26) | 3.09 | 2.57 | 16.56 | 21.54 | 20.66 | 20.45 | 20.33 |
| EBITDA | 153 | 172 | 147 | 52.51 | 53.63 | 49.67 | 60.59 | 61.47 |
| EBITDA margin | +20.5% | +21.9% | +20.5% | +9.7% | +18.2% | +18.2% | +23.2% | +22.1% |
| Depreciation | 39.27 | 37.52 | 34.99 | 27.68 | 9.35 | 8.70 | 8.37 | 8.36 |
| Interest | 16.11 | 16.54 | 18.44 | 12.47 | 0.29 | 0.30 | 0.31 | 0.32 |
| Profit before tax | 97.40 | 121 | 96.17 | 28.92 | 65.53 | 61.33 | 72.36 | 73.12 |
| Tax | 22.68 | 25.65 | 26.19 | 2.46 | 14.53 | 14.39 | 17.56 | 16.58 |
| Net profit | 74.72 | 94.91 | 69.98 | 26.46 | 51.00 | 46.94 | 54.80 | 56.54 |
| EPS (₹) | 6.30 | 8.02 | 5.91 | 2.24 | 4.31 | 3.98 | 4.65 | 4.75 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 249 | 210 | 173 | 113 | 72.74 | 67.89 | 89.81 |
| Revenue growth | +18.2% | +21.4% | +53.1% | +55.7% | +7.1% | -24.4% | - |
| EBITDA | 29.62 | 34.08 | 15.92 | (8.23) | (22.93) | (5.14) | (2.79) |
| EBITDA margin | +11.9% | +16.2% | +9.2% | -7.3% | -31.5% | -7.6% | -3.1% |
| Profit before tax | 68.15 | 97.97 | 59.41 | 8.33 | 2.86 | 6.34 | 6.64 |
| Net profit | 51.77 | 70.36 | 43.68 | 5.00 | 0.38 | 2.08 | 3.70 |
| Net profit margin | +20.8% | +33.4% | +25.2% | +4.4% | +0.5% | +3.1% | +4.1% |
| EPS (₹) | 4.26 | 6.11 | 3.72 | 0.53 | 0.17 | 62.63 | 96.85 |
| Balance sheet | |||||||
| Total assets | 1,452 | 1,394 | 1,310 | 675 | 661 | 282 | 164 |
| Net worth | 1,427 | 1,372 | 1,291 | 658 | 642 | 273 | 134 |
| Total debt | 10.39 | 11.86 | 13.09 | 14.10 | 14.93 | 5.33 | 7.38 |
| Cash & bank | 8.89 | 24.17 | 189 | 112 | 220 | 11.30 | 8.30 |
| Net working capital | 84.93 | 702 | 759 | 316 | 230 | 31.27 | 23.14 |
| Cash flow | |||||||
| Cash from operations | 7.79 | (0.05) | (6.04) | (19.38) | 18.08 | 4.96 | 6.91 |
| Cash from investing | (18.51) | (42.50) | (523) | 21.48 | (375) | (103) | (2.91) |
| Cash from financing | (2.29) | (0.49) | 583 | 0.05 | 358 | 101 | (2.26) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 71.24 | 68.19 | 63.78 | 62.64 | 63.53 | 58.86 | 58.38 | 53.48 |
| Revenue growth (YoY) | +12.1% | +15.9% | +9.3% | +17.1% | +29.3% | +19.0% | - | - |
| Other income | 2.72 | 2.16 | 5.82 | 0.41 | 19.36 | 18.81 | 18.61 | 18.41 |
| Total expenses | 63.55 | 63.18 | 53.00 | 59.90 | 54.34 | 52.12 | 40.15 | 45.40 |
| EBITDA | 7.69 | 5.01 | 10.78 | 2.74 | 9.19 | 6.74 | 18.23 | 8.08 |
| EBITDA margin | +10.8% | +7.3% | +16.9% | +4.4% | +14.5% | +11.5% | +31.2% | +15.1% |
| Depreciation | 1.34 | 1.27 | 1.17 | 1.20 | 1.18 | 1.13 | 1.08 | 1.15 |
| Interest | 0.22 | 0.23 | 0.23 | 0.25 | 0.26 | 0.26 | 0.27 | 0.28 |
| Profit before tax | 8.85 | 5.67 | 15.20 | 1.70 | 27.11 | 24.16 | 35.49 | 25.06 |
| Tax | 2.27 | 1.47 | 3.47 | 1.42 | 6.83 | 6.10 | 8.86 | 7.25 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 745 | 785 | 716 | 540 | 295 | 273 | 261 | 279 |
| Revenue growth (YoY) | +152.6% | +187.6% | +174.5% | +93.8% | +6.4% | +5.0% | - | - |
| Other income | (0.26) | 3.09 | 2.57 | 16.56 | 21.54 | 20.66 | 20.45 | 20.33 |
| EBITDA | 153 | 172 | 147 | 52.51 | 53.63 | 49.67 | 60.59 | 61.47 |
| EBITDA margin | +20.5% | +21.9% | +20.5% | +9.7% | +18.2% | +18.2% | +23.2% | +22.1% |
| Depreciation | 39.27 | 37.52 | 34.99 | 27.68 | 9.35 | 8.70 | 8.37 | 8.36 |
| Interest | 16.11 | 16.54 | 18.44 | 12.47 | 0.29 | 0.30 | 0.31 | 0.32 |
| Profit before tax | 97.40 | 121 | 96.17 | 28.92 | 65.53 | 61.33 | 72.36 | 73.12 |
| Tax | 22.68 | 25.65 | 26.19 | 2.46 | 14.53 | 14.39 | 17.56 | 16.58 |
| Net profit | 74.72 | 94.91 | 69.98 | 26.46 | 51.00 | 46.94 | 54.80 | 56.54 |
| EPS (₹) | 6.30 | 8.02 | 5.91 | 2.24 | 4.31 | 3.98 | 4.65 | 4.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,824 | 1,077 | 957 | 565 | 367 | 251 | 399 |
| Revenue growth | +69.4% | +12.5% | +69.4% | +54.2% | +46.2% | -37.1% | - |
| Other income | 61.34 | 76.37 | 41.56 | 19.93 | 16.52 | 13.30 | 58.90 |
| Total expenses | 1,513 | 843 | 766 | 479 | 335 | 244 | 423 |
| Employee cost | 712 | 399 | 380 | 253 | 191 | 151 | 206 |
| EBITDA | 310 | 234 | 191 | 86.61 | 31.15 | 7.26 | (24.12) |
| EBITDA margin | +17.0% | +21.7% | +20.0% | +15.3% | +8.5% | +2.9% | -6.1% |
| Depreciation | 80.71 | 34.93 | 41.04 | 35.81 | 30.06 | 35.88 | 42.70 |
| Interest | 39.11 | 3.01 | 2.81 | 3.48 | 6.77 | 9.31 | 9.84 |
| Profit before tax | 252 | 272 | 189 | 67.25 | 10.84 | (24.63) | (17.76) |
| Tax | 57.57 | 63.30 | 43.48 | (1.15) | 2.41 | 3.95 | 2.34 |
| Net profit | 219 | 207 | 145 | 67.43 | 6.86 | (31.68) | (22.86) |
| Net profit margin | +12.0% | +19.2% | +15.2% | +11.9% | +1.9% | -12.6% | -5.7% |
| EPS (₹) | 16.46 | 17.71 | 12.34 | 6.31 | 0.78 | (436.26) | (271.68) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.81 | 11.80 | 11.78 | 10.83 | 10.73 | 0.80 | 0.74 |
| Reserves & surplus | 1,999 | 1,676 | 1,444 | 699 | 608 | 244 | 137 |
| Shareholders' funds (net worth) | 2,006 | 1,683 | 1,450 | 710 | 619 | 245 | 138 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 921 | 0.00 | 0.00 | 0.00 | 0.00 | 94.06 | 86.79 |
| Unsecured loans | 27.46 | 16.05 | 16.66 | 17.69 | 18.04 | 23.06 | 57.01 |
| Total debt | 949 | 16.05 | 16.66 | 17.69 | 18.04 | 117 | 144 |
| Total liabilities | 2,995 | 1,709 | 1,477 | 746 | 646 | 365 | 305 |
| Assets | |||||||
| Gross block | 2,762 | 601 | 579 | 624 | 406 | 319 | 345 |
| Net block | 2,403 | 348 | 364 | 396 | 222 | 168 | 216 |
| Capital work in progress | 0.00 | 0.00 | 1.88 | 1.43 | 0.00 | 0.00 | 0.00 |
| Investments | 24.52 | 319 | 179 | 140 | 165 | 129 | 44.91 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 471 | 212 | 205 | 161 | 101 | 66.91 | 77.67 |
| Cash & bank balances | 173 | 350 | 391 | 201 | 245 | 57.34 | 24.35 |
| Loans & advances | 285 | 649 | 561 | 26.42 | 40.80 | 14.03 | 23.83 |
| Total current assets | 930 | 1,211 | 1,157 | 389 | 386 | 138 | 126 |
| Total current liabilities | 428 | 188 | 245 | 190 | 126 | 74.46 | 92.23 |
| Net working capital | 502 | 1,024 | 912 | 199 | 260 | 63.82 | 33.62 |
| Total assets | 2,995 | 1,709 | 1,477 | 746 | 646 | 365 | 305 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 347 | 268 | 99.93 | 34.10 | 53.76 | 20.96 | 39.62 |
| Net cash from operating activities | 234 | 120 | 152 | 51.92 | 16.81 | 20.60 | 19.14 |
| Net cash from investing activities | (1,244) | (38.38) | (566) | 15.62 | (276) | (80.68) | (111) |
| Net cash from financing activities | 836 | (1.74) | 581 | (1.70) | 240 | 92.88 | 72.78 |
| Net change in cash | (174) | 79.85 | 168 | 65.83 | (19.66) | 32.80 | (18.66) |
| Closing cash | 173 | 350 | 391 | 201 | 245 | 57.34 | 24.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +69.4% | +12.5% | +69.4% | +54.2% | +46.2% | -37.1% | - |
| EBITDA growth | +32.8% | +22.3% | +120.7% | +178.0% | +329.1% | +130.1% | - |
| PBT growth | -7.4% | +44.1% | +180.9% | +520.4% | +9998.0% | -38.7% | - |
| Net income growth | +5.7% | +42.7% | +115.3% | +882.9% | +121.7% | -38.6% | - |
| Revenue CAGR (3Y) | +47.8% | +43.2% | +56.3% | +12.3% | +11.9% | - | - |
| EBITDA CAGR (3Y) | +53.0% | +95.8% | +197.5% | - | +11.0% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +10.7% | +19.4% | +15.2% | +12.1% | +2.3% | -11.4% | -5.0% |
| Return on capital employed | +13.7% | +17.3% | +17.2% | +10.2% | +3.0% | -5.5% | -4.2% |
| Return on net worth | +11.9% | +13.3% | +13.5% | +10.3% | +1.6% | -16.6% | -16.3% |
| Debt / equity | 0.26 | 0.01 | 0.02 | 0.03 | 0.16 | 0.68 | 0.71 |
| Long-term debt / equity | 0.19 | 0.01 | 0.01 | 0.02 | 0.13 | 0.57 | 0.59 |
| Interest cover | 17.02 | 1.51 | 1.87 | 6.85 | 621.10 | -32.53 | -14.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.08 | 1.83 | 1.59 | 1.10 | 1.01 | 0.76 | 1.66 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.33 | 5.16 | 5.23 | 4.32 | 4.38 | 3.47 | 5.66 |
| EPS (₹) | 16.46 | 17.71 | 12.34 | 6.31 | 0.78 | (436.26) | (271.68) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 170.27 | 143.03 | 123.57 | 65.52 | 57.68 | 3,736.99 | 1,861.14 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 71.24 | 68.19 | 63.78 | 62.64 | 63.53 | 58.86 | 58.38 | 53.48 |
| Revenue growth (YoY) | +12.1% | +15.9% | +9.3% | +17.1% | +29.3% | +19.0% | - | - |
| Other income | 2.72 | 2.16 | 5.82 | 0.41 | 19.36 | 18.81 | 18.61 | 18.41 |
| Total expenses | 63.55 | 63.18 | 53.00 | 59.90 | 54.34 | 52.12 | 40.15 | 45.40 |
| EBITDA | 7.69 | 5.01 | 10.78 | 2.74 | 9.19 | 6.74 | 18.23 | 8.08 |
| EBITDA margin | +10.8% | +7.3% | +16.9% | +4.4% | +14.5% | +11.5% | +31.2% | +15.1% |
| Depreciation | 1.34 | 1.27 | 1.17 | 1.20 | 1.18 | 1.13 | 1.08 | 1.15 |
| Interest | 0.22 | 0.23 | 0.23 | 0.25 | 0.26 | 0.26 | 0.27 | 0.28 |
| Profit before tax | 8.85 | 5.67 | 15.20 | 1.70 | 27.11 | 24.16 | 35.49 | 25.06 |
| Tax | 2.27 | 1.47 | 3.47 | 1.42 | 6.83 | 6.10 | 8.86 | 7.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 249 | 210 | 173 | 113 | 72.74 | 67.89 | 89.81 |
| Revenue growth | +18.2% | +21.4% | +53.1% | +55.7% | +7.1% | -24.4% | - |
| Other income | 44.39 | 69.40 | 47.84 | 21.88 | 30.90 | 16.77 | 14.80 |
| Total expenses | 219 | 176 | 157 | 122 | 95.67 | 73.03 | 92.60 |
| Employee cost | 177 | 143 | 124 | 89.78 | 77.13 | 58.79 | 67.32 |
| EBITDA | 29.62 | 34.08 | 15.92 | (8.23) | (22.93) | (5.14) | (2.79) |
| EBITDA margin | +11.9% | +16.2% | +9.2% | -7.3% | -31.5% | -7.6% | -3.1% |
| Depreciation | 4.69 | 4.29 | 2.98 | 3.28 | 3.73 | 4.51 | 4.55 |
| Interest | 1.17 | 1.22 | 1.37 | 2.04 | 1.38 | 0.78 | 0.82 |
| Profit before tax | 68.15 | 97.97 | 59.41 | 8.33 | 2.86 | 6.34 | 6.64 |
| Tax | 17.82 | 25.84 | 15.55 | 2.58 | 1.06 | 2.25 | 0.31 |
| Net profit | 51.77 | 70.36 | 43.68 | 5.00 | 0.38 | 2.08 | 3.70 |
| Net profit margin | +20.8% | +33.4% | +25.2% | +4.4% | +0.5% | +3.1% | +4.1% |
| EPS (₹) | 4.26 | 6.11 | 3.72 | 0.53 | 0.17 | 62.63 | 96.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.81 | 11.80 | 11.78 | 10.83 | 10.73 | 0.80 | 0.74 |
| Reserves & surplus | 1,420 | 1,365 | 1,284 | 647 | 632 | 272 | 133 |
| Shareholders' funds (net worth) | 1,427 | 1,372 | 1,291 | 658 | 642 | 273 | 134 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 10.39 | 11.86 | 13.09 | 14.10 | 14.93 | 5.33 | 7.38 |
| Total debt | 10.39 | 11.86 | 13.09 | 14.10 | 14.93 | 5.33 | 7.38 |
| Total liabilities | 1,452 | 1,394 | 1,310 | 675 | 661 | 282 | 164 |
| Assets | |||||||
| Gross block | 50.74 | 48.19 | 41.01 | 39.90 | 39.39 | 30.12 | 30.17 |
| Net block | 16.47 | 18.12 | 14.63 | 15.92 | 18.09 | 9.48 | 13.77 |
| Capital work in progress | 0.00 | 0.00 | 1.88 | 1.43 | 0.00 | 0.00 | 0.00 |
| Investments | 1,343 | 667 | 527 | 336 | 360 | 214 | 123 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 105 | 70.76 | 55.43 | 20.81 | 10.99 | 18.48 | 11.87 |
| Cash & bank balances | 8.89 | 24.17 | 189 | 112 | 220 | 11.30 | 8.30 |
| Loans & advances | 21.48 | 635 | 551 | 204 | 39.92 | 17.18 | 17.52 |
| Total current assets | 135 | 730 | 796 | 338 | 271 | 46.96 | 37.69 |
| Total current liabilities | 50.45 | 28.26 | 36.69 | 22.08 | 40.83 | 15.69 | 14.55 |
| Net working capital | 84.93 | 702 | 759 | 316 | 230 | 31.27 | 23.14 |
| Total assets | 1,452 | 1,394 | 1,310 | 675 | 661 | 282 | 164 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 21.90 | 64.94 | 10.95 | 8.80 | 7.72 | 4.91 | 3.17 |
| Net cash from operating activities | 7.79 | (0.05) | (6.04) | (19.38) | 18.08 | 4.96 | 6.91 |
| Net cash from investing activities | (18.51) | (42.50) | (523) | 21.48 | (375) | (103) | (2.91) |
| Net cash from financing activities | (2.29) | (0.49) | 583 | 0.05 | 358 | 101 | (2.26) |
| Net change in cash | (13.02) | (43.05) | 54.00 | 2.15 | 1.08 | 2.81 | 1.74 |
| Closing cash | 8.89 | 24.17 | 189 | 112 | 220 | 11.30 | 8.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.2% | +21.4% | +53.1% | +55.7% | +7.1% | -24.4% | - |
| EBITDA growth | -13.1% | +114.1% | +293.4% | +64.1% | -346.1% | -84.2% | - |
| PBT growth | -30.4% | +64.9% | +613.2% | +191.3% | -54.9% | -4.5% | -39.9% |
| Net income growth | -26.4% | +61.1% | +773.6% | +1215.8% | -81.7% | -43.8% | - |
| Revenue CAGR (3Y) | +30.0% | +42.5% | +36.7% | +8.1% | -6.0% | - | - |
| EBITDA CAGR (3Y) | - | - | - | +43.4% | +70.2% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +20.2% | +34.3% | +25.3% | +5.1% | +2.5% | +6.0% | +7.1% |
| Return on capital employed | +4.9% | +7.3% | +6.1% | +1.4% | +0.3% | +1.8% | +3.3% |
| Return on net worth | +3.6% | +5.4% | +4.5% | +0.8% | +0.1% | +1.0% | +2.9% |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.03 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest cover | 4.69 | 4.10 | 10.59 | -17.72 | -5.18 | -8.08 | -11.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.03 | 4.72 | 4.29 | 2.86 | 2.09 | 2.25 | 3.87 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 2.83 | 3.34 | 4.55 | 7.12 | 4.94 | 4.47 | 6.59 |
| EPS (₹) | 4.26 | 6.11 | 3.72 | 0.53 | 0.17 | 62.63 | 96.85 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 121.22 | 116.71 | 110.02 | 60.73 | 59.86 | 4,168.18 | 2,043.71 |
To see the full year-wise statements and ratios of Rategain Travel Technologies Limited, buy the company report.
Board of directors of Rategain Travel Technologies Limited
Rategain Travel Technologies has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditi Gupta Also directs: GKV Advisors LLP | Director | 15 Jul 2021 | 5 Years 3 Months | Current |
| Nishant Kanuru Rao | Director | 02 Nov 2020 | 6 Years 0 Months | Current |
| Bhanu Chopra | Managing Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Megha Chopra | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Aakrit Ajay Kumar Vaish Also directs: Meta Studio Advisors LLP, Mabp Enterprises LLP, Activate Venture Partners LLP and 5 more | Director | 08 Aug 2025 | 1 Years 3 Months | Current |
| Ganesh Venkata Ramanan Kangeyam | Director | 29 Jun 2026 | 0 Years 4 Months | Current |
Auditor
Rategain Travel Technologies Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2025 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 48.80%, foreign institutional investors hold 5.80%, domestic institutional investors hold 20.80% and retail and other public shareholders hold 24.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 48.80% | 48.80% | 48.50% | 48.20% |
| Public | 51.20% | 51.20% | 51.50% | 51.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2021 | 100424944 | Hdfc Bank Limited | ₹30 Cr | Satisfied | |
| 11 Jun 2019 | 100278522 | Others | ₹103.91 Cr | Satisfied |
To see the full charge records of Rategain Travel Technologies Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Rategain Travel Technologies Limited has 26 deals on record (11 market trades, 9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹283.58 Cr; the latest was in January 2026.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2026 | Market trade | ₹100.43 Cr | Buyer: Paisabuddy Finance Private Limited Seller: Plutus Wealth Management LLP |
| Jan 2026 | Market trade | ₹126.06 Cr | Buyer: Paisabuddy Finance Private Limited Seller: Plutus Wealth Management LLP |
| Nov 2023 | Other deal | ₹600 Cr | Buyer: Societe Generale, Troo Capital Limited, Pinebridge Investments |
| Nov 2022 | Market trade | ₹59.04 Cr | Buyer: Plutus Wealth Management LLP |
| Dec 2021 | Market trade | ₹113.36 Cr | Buyer: Goldman Sachs Funds - Goldman Sachs India Equity Portfolio, Marwadi Shares and Finance Limited Seller: Rajasthan Global Securities Private Limited , Integrated Core Strategies Asia Pte Ltd, Edelweiss Mutual Fund |
To see the full deal history of Rategain Travel Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rategain Travel Technologies Limited has 16 court cases on record: 13 filed by Rategain Travel Technologies, 3 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 3 |
| High courts | 8 | 1 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against M/S Pluto Software Private Limited | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against M/S Pluto Software Private Limited | Disposed |
| District court, East, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, East, Delhi | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Govt. of N.C.T. of Delhi & Anr. | Pending |
To see the full case history of Rategain Travel Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Rategain Travel Technologies Limited has 5 MSME Form 1 returns on record between 2020 and 2022, listing 19 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Not Just An Agency LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| HCM Globe Consulting Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Rategain Travel Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rategain Travel Technologies Limited has a workforce of 667 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 667 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rategain Travel Technologies Limited, buy the company report.
GST
Rategain Travel Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCR1959N1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rategain Travel Technologies Limited, buy the company report.
Recent activity
Rategain Travel Technologies Limited has 20 board changes on record since 2012: 14 appointments and 6 cessations. The latest: Ganesh Venkata Ramanan Kangeyam was appointed as Director on 29 Jun 2026.
15 earlier events are in the company report.
News
Frequently asked questions
Rategain Travel Technologies is an active public limited company based in New Delhi, Delhi, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 16 November 2012 (14+ years old) and is registered under CIN L72900DL2012PLC244966. Listed on BSE: 543417 and NSE: RATEGAIN.
Rategain Travel Technologies reported revenue of ₹1,823.55 Cr for FY 2025-26 (up 69.4% YoY) based on consolidated financials.
Rategain Travel Technologies has 6 current directors:
- Bhanu Chopra - Managing Director
- Aditi Gupta - Director
- Nishant Kanuru Rao - Director
- Megha Chopra - Director
- Aakrit Ajay Kumar Vaish - Director
- Ganesh Venkata Ramanan Kangeyam - Director
The latest financial statements of Rategain Travel Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rategain Travel Technologies is 09AAGCR1959N1ZO, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Rategain Travel Technologies is L72900DL2012PLC244966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Rategain Travel Technologies is a listed company as per MCA records. Its shares are listed on both BSE (code: 543417) and NSE (symbol: RATEGAIN).
Rategain Travel Technologies has 16 court cases on record: 13 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Rategain Travel Technologies was incorporated on 16 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Rategain Travel Technologies has 26 deals on record (11 market trades, 9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹283.58 Cr; the latest was in January 2026.
Ganesh Venkata Ramanan Kangeyam was appointed as Director on 29 Jun 2026. Aakrit Ajay Kumar Vaish was appointed as Director on 08 Aug 2025. Rajakumar Ec Konduru ceased to be Director on 07 Aug 2025. Rategain Travel Technologies has 20 board changes on record in total.

