RateGain Travel Technologies Limited (RATEGAIN.NS)
Noida, IN
RateGain Travel Technologies Limited, an India-based Software-as-a-Service (SaaS) provider founded in Noida in 2004, delivers technology solutions for the global hospitality and travel sectors. Its extensive reach covers India, North America, the Asia-Pacific, and Europe. The company's portfolio features specialized products such as AirGain for airfare pricing intelligence in the airline industry, CarGain for car rental market analysis and parity auditing, and FerryGain, an AI-enabled revenue management solution tailored for ferry operators. Other key offerings include Optima, a platform for real-time rate intelligence, along with PriceGain and Rate Parity tools. RateGain also provides RezGain, an AI-powered smart distribution channel manager, and DHISCO Switch, which enables seamless hotel reservations by linking hospitality chains directly with various demand channels. Complementing these products are services such as integrated distribution channel management, CRS-level connectivity, business intelligence, and content management. RateGain caters to a wide array of clients, including hotels, airlines, online travel agents (OTAs), meta-search companies, vacation rental providers, package operators, car rental firms, rail services, travel management companies, cruise lines, and ferries. Historically, the company operated as a subsidiary of RateGain Technology Inc.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.64% | +8.81% | +23.85% | +42.49% | +1.13% | +5.61% | +39.04% | +90.96% | +114.82% | +114.82% | +114.82% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 7 | 0 |
| Hold | 0 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Application: +13.0%+69.4% ★ Q1'26: +174.5% (vs Q1'25)
-
EPS growth Software - Application: +28.6%-7.3% Q1'26: +27.1% (vs Q1'25)
-
FCF margin FCF growth · Software - Application: +45.3%+11.7% ★ Q1'26: +6.6% (vs Q1'25)
-
EBIT margin Software - Application: +9.4%+15.5% ★ Q1'26: +16.0% (vs Q1'25)
-
ROIC Software - Application: +7.5%+8.0% ★ Q1'26: +12.2% (vs Q1'25)
-
Share dilution Software - Application: +0.0%+0.3% Q1'26: +0.5% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×2.61× Q1'26: 1.59× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 8 Rev. Ana. 7 EPS Ana. |
Mar 2027 8 Rev. Ana. 8 EPS Ana. |
Mar 2028 8 Rev. Ana. 8 EPS Ana. |
Mar 2029 4 Rev. Ana. 2 EPS Ana. |
Mar 2030 3 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
3.67B
est: 3.67B (0.0%)
|
5.65B
est: 6.21B (-9.0%)
|
9.57B
est: 10.03B (-4.5%)
|
10.77B
est: 10.87B (-0.9%)
|
17.88B
17.44B – 18.18B
+64.6% YoY
|
30.62B
29.58B – 32.05B
+71.2% YoY
|
33.82B
32.58B – 36.10B
+10.4% YoY
|
37.42B
36.09B – 39.57B
+10.7% YoY
|
41.80B
40.32B – 44.21B
+11.7% YoY
|
| EBITDA |
474.73M
est: 629.27M (-24.6%)
|
1.06B
est: 1.07B (-0.1%)
|
2.33B
est: 1.96B (+18.9%)
|
2.32B
est: 2.12B (+9.4%)
|
3.49B
3.41B – 3.55B
+64.6% YoY
|
5.98B
5.77B – 6.26B
+71.2% YoY
|
6.60B
6.36B – 7.05B
+10.4% YoY
|
7.31B
7.05B – 7.73B
+10.7% YoY
|
8.16B
7.87B – 8.63B
+11.7% YoY
|
| EBIT |
174.09M
est: 362.54M (-52.0%)
|
706.60M
est: 614.35M (+15.0%)
|
1.92B
est: 1.43B (+34.4%)
|
1.97B
est: 1.55B (+27.5%)
|
2.54B
2.48B – 2.59B
+64.6% YoY
|
4.36B
4.21B – 4.56B
+71.2% YoY
|
4.81B
4.63B – 5.14B
+10.4% YoY
|
5.32B
5.13B – 5.63B
+10.7% YoY
|
5.95B
5.74B – 6.29B
+11.7% YoY
|
| Net Income |
84.19M
est: 106.12M (-20.7%)
|
684.01M
est: 716.39M (-4.5%)
|
1.45B
est: 1.66B (-12.3%)
|
2.09B
est: 2.10B (-0.7%)
|
2.11B
1.98B – 2.24B
+0.2% YoY
|
2.97B
2.81B – 3.82B
+40.7% YoY
|
3.81B
3.30B – 4.74B
+28.5% YoY
|
4.68B
3.98B – 4.87B
+22.7% YoY
|
5.51B
5.26B – 5.93B
+17.8% YoY
|
| SGA |
916.36M
est: 539.26M (+69.9%)
|
1.56B
est: 913.80M (+70.2%)
|
1.76B
est: 1.45B (+21.5%)
|
132.85M
est: 1.57B (-91.5%)
|
2.58B
2.52B – 2.62B
+64.6% YoY
|
4.42B
4.27B – 4.62B
+71.2% YoY
|
4.88B
4.70B – 5.21B
+10.4% YoY
|
5.40B
5.21B – 5.71B
+10.7% YoY
|
6.03B
5.82B – 6.38B
+11.7% YoY
|
| EPS |
0.84
est: 0.90 (-6.7%)
|
6.33
est: 6.08 (+4.2%)
|
13.01
est: 14.53 (-10.5%)
|
17.73
est: 17.67 (+0.3%)
|
17.83
16.70 – 18.95
+0.9% YoY
|
26.83
23.78 – 32.30
+50.5% YoY
|
33.74
27.92 – 40.04
+25.7% YoY
|
37.40
33.62 – 41.18
+10.9% YoY
|
46.60
44.45 – 50.09
+24.6% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-26 | A- | 4/5 | 5/5 | 4/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-25 | A- | 4/5 | 5/5 | 4/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-22 | B+ | 3/5 | 4/5 | 4/5 | 4/5 | 2/5 | 2/5 | 3/5 |
| 2026-05-21 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-20 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-19 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-18 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-15 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-14 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-13 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-12 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-11 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-08 | B | 3/5 | 4/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-07 | B+ | 3/5 | 5/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-06 | B+ | 3/5 | 5/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-05 | B+ | 3/5 | 5/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-04 | B+ | 3/5 | 5/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-29 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-27 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-23 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B- | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-16 | B- | 3/5 | 4/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.04% | 317.8K | 0.65% |
| 2 | State Street SPDR Portfolio MSCI Global Stock Market ETF SPGM | 0.01% | 245.3K | 0.09% |
| 3 | State Street SPDR Portfolio Emerging Markets ETF SPEM | 0.01% | 1.05M | 0.07% |
| 4 | WisdomTree India Earnings Fund EPI | 0.00% | 69.7K | 0.84% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Bhanu Chopra | Founder, MD & Executive Chairman of Board | 56M | male |
| Bharat Nagpal | Senior Director of Sales | — | — |
| Deepak Kapoor | Chief Technology Officer | — | male |
| Harikrishnan Palappetty | Senior Vice President of Technology | — | — |
| Megha Chopra | Executive Director | — | female |
| Pankaj Periwal | Senior Vice President of Corporate Strategy | — | male |
| Rasika Kumar | Senior Vice President of Customer Success | — | female |
| Sahil Sharma | Chief Human Resources Officer | — | male |
| Vinay Varma | Senior Vice President & GM of AirGain | — | male |
| Yogeesh Chandra | Chief Strategy Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for RATEGAIN.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
