Rategain Travel Technologies share price today

Rategain Travel Technologies Ltd's share price was ₹795.20 at the close on 4 November 2026. It has been rising for 23 weeks. That is 2.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹469 and ₹990, and at that close it sat 63% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Rategain Travel Technologies Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 7 weeks running.

Over the last 4.9 years the share price moved +134% while the NIFTY 500 moved +50%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), promoters raised their stake for 4 quarters in a row and foreign funds (FIIs) raised their stake for 3 quarters in a row.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹785 crore, +187.5% on a year earlier.

   Why: Revenue jumped because the company now includes all the sales of Sojern, a business it bought, and its marketing technology arm is the main source of growth.

   Next results: check whether the marketing technology business is still the main source of growth.

   From the earnings call on 29 Sep 2026.

2. Promoters raised their stake for 4 quarters in a row

   From 48.2% to 48.9% of the company by the September 2026 quarter.

3. Foreign funds (FIIs) raised their stake for 3 quarters in a row

   From 5% to 6.9% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Rategain Travel Technologies reported revenue of ₹785 crore, up 187.5% from ₹273 crore a year earlier, and a profit of ₹95.0 crore, up 102.1% from ₹47.0 crore.

Rategain Travel Technologies results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Rategain Travel Technologies' management discussed these results on a call held on 29 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Rategain Travel Technologies closed at ₹795.20 on 4 November 2026, up 18.4% from ₹671.75 a year earlier (7 November 2025) and up 133.8% over five years. Its highest weekly close since December 2021 was ₹990.05 on 21 August 2026.

Rategain Travel Technologies share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

262 weekly closes from 17 December 2021 to 4 November 2026.

4 Nov 2026: Rategain Travel Technologies closed at ₹795.20, down 0.5% on the week and down 5.4% on the month. 29 Sep 2026: Rategain Travel Technologies held its results call for April to June 2026. Management guided: FY27 revenue approximately ₹3,100 crore and adjusted operating margin approximately 22.5-23.5%.

Earlier

• Results for April to June 2026: Revenue up 187.5% and profit up 102.1% on a year earlier.

Rategain Travel Technologies has paid no dividend on the NSE since its first NSE close in our records (17 December 2021), the start of the period we checked.

No. Rategain Travel Technologies Ltd paid out 0% of its profit as dividends in each of its last 8 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 29 September 2026, Rategain Travel Technologies' management guided: FY27 revenue approximately ₹3,100 crore and adjusted operating margin approximately 22.5-23.5%.

“We have already laid out a vision, or at least guided the markets, that by FY31 we expect to reach 1 billion dollars in revenue, which implies a CAGR of approximately 27%.”Divik Anand, on the call for April to June 2026

What management guided

• FY27 organic growth 10-12% on a pro forma combined revenue base of $300 million including Sojern's last twelve months.
• Medium-term organic growth aspiration of approximately 15% plus, close to 20% annually.
• FY31 revenue aspiration of $1 billion, implying approximately 27% yearly growth; acquisitions provide the balance.
• FY27 free-cash-flow-to-operating profit conversion 75%; free cash flow prioritised for debt reduction, with net debt-free expected by next year and an acquisition war chest thereafter.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 29 September 2026.

When Rategain Travel Technologies reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Reported revenue and adjusted operating margin against the annual framework - check whether MarTech remains the primary growth engine.

Rategain Travel Technologies is on one of our India lists: IT stocks.

Rategain Travel Technologies Ltd earned ₹95.0 Cr of net profit in the Jun 2026 quarter, +102.1% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹194 Cr. Over 7 years profit has grown 50.7% a year on average. That is 12.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹47.0 Cr.

For the full year, FY26 profit was ₹194 Cr (−7.2% on the year before).

Why profit moved: revenue changed +187.5% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +18.3% and revenue +115.5%. Profit is growing slower than sales: rising costs are taking part of the growth.

Rategain Travel Technologies Ltd reported ₹785 Cr of revenue in the Jun 2026 quarter, +187.5% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 7 years it has grown 31.9% a year on average. The last full year, FY26, came in at ₹1,824 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,336 Cr.

FY26 revenue was ₹1,824 Cr, +69.4% on the year before.

Recent pace: the last four quarters grew +115.5% on average, against 31.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +114.3%, against +52.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +14.7%, against +21.1% a year (rolling over).

Rategain Travel Technologies Ltd's operating margin was 22.0% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Across 8 years it has been between −6.0% and 22.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.7 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 92% of Rategain Travel Technologies Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹234 Cr of operating cash against ₹194 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹2,136 Cr of spending on assets, free cash was −₹1,902 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 92% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 13.8× depreciation over three years. The next section checks what that spending is building.

Rategain Travel Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 94 days in FY26, down from 97 days in FY21. It spent ₹2,163 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,824 Cr, each day of that cycle ties up about ₹5.0 Cr, so roughly ₹470 Cr is tied up in the business at any time.

Spending on assets: ₹2,163 Cr over the last 3 years, against ₹157 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Rategain Travel Technologies Ltd's P/E is 36.0×, near the low end of its own history: it has been lower only 21% of the time. Its usual P/E (the middle reading) is 52.5×, over 4.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹20.49.

Why the multiple is where it is: over the past year earnings per share moved −7.1% while the price moved +18.4%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +4.5% a year; about +32.9% a year came from earnings growth and about −28.4 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Rategain Travel Technologies Ltd's business is turning around. Profit growth has swung from −7.2% at its low to +14.7%, rising from a low 1 quarters ago, with ROCE steady at 15.6%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Rategain Travel Technologies Ltd earned a ROCE of 14% in FY26. That is up from a low of −6% in FY21. Its return on capital used (ROIC) is 2.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 10.6% net margin and 0.53× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 10.6% net margin × 0.53× asset turnover × 1.71× leverage (assets divided by equity) ≈ 9.6% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 9.9% − 12.0% = −2.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 9.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 12.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Rategain Travel Technologies Ltd has total debt of ₹949 Cr against shareholder equity of ₹2,006 Cr as of Jun 2026, so its debt is 0.47× its equity. Year by year, that ratio went from 0.03 in FY22 to 0.47 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Foreign institutions cut their stake in Rategain Travel Technologies Ltd by 3.3 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 6.9% of the company. Promoters moved +0.6 points over the same period, to 48.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: −3.3 points over 8 quarters, to 6.9%; Promoters: +0.6 points over 8 quarters, to 48.9%; Domestic institutions: +0.1 points over 8 quarters, to 20.6%.

Why the owners changed: foreign institutions drove it (−3.3 points), with the other side taken by promoters (+0.6 points). They reduced their stake.

For Rategain Travel Technologies Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

49.3 out of 100, rank 5 of 9 in IT Product Companies, with 96% of the evidence available.

Rategain Travel Technologies Ltd scores 49.3 out of 100 against the 9 companies it is compared with in IT Product Companies, ranking 5. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 22.9 + 8.2 + 5.8 + 12.4 = 49.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Rategain Travel Technologies ranks 5 of 9 IT Product Companies companies on the 4-Factor Sector Score, with 49.3 out of 100.