Route Mobile Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 07, 2026, and recommended a final dividend of ₹2 per equity share. The statutory auditors, Walker Chandiok & Co LLP, issued an audit report with an unmodified opinion on the financial statements. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audited financial results were published in Business Standard (English – All Editions) and Mumbai Lakshadweep (Marathi – Mumbai Edition) on May 9, 2026. Subsequently, pursuant to Regulation 30 of the SEBI LODR Regulations, the audio recording of the earnings call with analysts and investors held on May 08, 2026 has been made available on the company's website.

Consolidated Financial Performance

For FY26, consolidated revenue from operations stood at ₹4,408.21 crores against ₹4,575.62 crores in FY25. Gross profit crossed the ₹1,000 crore mark for the first time, reaching ₹1,007.32 crores, with the gross profit margin expanding to 22.9% from 20.8% in the previous year. Adjusted EBITDA improved to ₹525.91 crores (FY25: ₹523.93 crores), with a margin of 11.9%. Profit after tax (PAT) for FY26 was reported at ₹256.94 crores compared to ₹333.93 crores in FY25, with the decline primarily attributable to exceptional items of ₹135.87 crores recorded during the year. Cash flow from operations remained robust at ₹581.16 crores, translating to 110.5% of Adj. EBITDA.

The following table presents the key consolidated financial metrics, including supplementary data from the newspaper publication:

Profit Attribution

Of the consolidated profit for FY26, ₹239.02 crores was attributable to owners of the Company and ₹17.92 crores to non-controlling interests. For Q4 FY26, profit attributable to owners stood at ₹109.32 crores and to non-controlling interests at ₹5.11 crores. Total comprehensive income attributable to owners for FY26 was ₹405.96 crores, while non-controlling interests accounted for ₹22.16 crores.

Standalone Financial Performance

On a standalone basis, Route Mobile reported revenue from operations of ₹769.87 crores for FY26 compared to ₹832.21 crores in FY25. Profit for the year stood at ₹134.78 crores versus ₹131.02 crores in FY25. Basic and diluted earnings per share (standalone) were ₹21.39 for FY26 compared to ₹20.83 in FY25.

Segment Performance

The consolidated segment results reflect the relative contribution of India and Overseas operations. India segment revenue for FY26 was ₹934.39 crores (FY25: ₹947.79 crores), while Overseas segment revenue stood at ₹4,129.31 crores (FY25: ₹4,234.38 crores). After inter-segment eliminations, total revenue from operations was ₹4,408.21 crores. Segment results before other income, finance costs, exceptional item and tax stood at ₹445.64 crores for FY26 versus ₹438.68 crores in FY25.

Balance Sheet and Cash Flow

The balance sheet as of March 31, 2026, reflects a strengthened equity position. Total equity increased to ₹2,821.62 crores from ₹2,464.08 crores in the previous year. The company fully repaid current borrowings during the year, reducing them from ₹440.96 crores to nil. Consequently, total current liabilities decreased sharply to ₹661.13 crores from ₹1,294.56 crores. Cash and cash equivalents stood at ₹880.12 crores as of March 31, 2026. On a standalone basis, total equity stood at ₹1,325.17 crores and standalone cash and cash equivalents were ₹247.03 crores.

Exceptional Items and IPO Proceeds

Exceptional items for FY26 totaled ₹135.87 crores, comprising a write-off of a net advance receivable of ₹107.96 crores following a settlement agreement and a write-off of an advance of ₹27.91 crores to a vendor that ceased operations. Regarding IPO proceeds, ₹65.00 crores remained unutilised as of March 31, 2026, originally earmarked for the purchase of office premises in Mumbai. The Board has proposed redirecting these funds towards general corporate purposes, subject to shareholder approval.

Dividend

The Board recommended a final dividend of ₹2 per equity share of face value ₹10 each (20%) for FY26, subject to shareholder approval at the ensuing Annual General Meeting. The total dividend for FY26 aggregates to ₹11 per equity share, including the 1st interim dividend of ₹3 per share, 2nd interim dividend of ₹3 per share, and 3rd interim dividend of ₹3 per share approved during the year.

Corporate Developments

The Board approved the appointment of Mr. Alyque Sequeira as Executive Advisor to CEO and Mr. Gaurav Jhunjunwala as AGM-Legal as Senior Management Personnel, both effective May 07, 2026. Mr. Nicolas Lecomte, Internal Audit Manager at Proximus S.A., was re-appointed as Internal Auditor for FY 2026-27. Additionally, the Board noted the lapse of 2,500 stock options granted under the Route Mobile ESOP Plan 2017.

FY27 Guidance

Looking ahead, Route Mobile has issued guidance for mid to high single digit revenue growth. The company targets an Adj. EBITDA margin of around 12% and has projected a gross dividend of ₹16.50 per share.

Management Commentary

Mr. Seckin Arikan, Chairman of Route Mobile Limited and CEO of Proximus Global, stated, "Route Mobile's FY26 performance reinforces the strategic rationale of its place within the Proximus Global portfolio... I am confident that with the Route Mobile team's focus and the strength of our combined enterprise capabilities, the business is well-placed to grow revenue and sustain profitability in FY27."

Mr. Tushar Agnihotri, CEO of Route Mobile, added, "Last year, we crossed INR 1,000 crore in gross profit for the first time... This year, our strategic focus is accelerating revenue growth while sustaining these margin gains — powered by deepening enterprise partnerships, expanding into new geographies, and leveraging AI-driven conversations across high-engagement channels like WhatsApp and RCS."

Source: None/Company/INE450U01017/1986a6706dbf4612.pdf

Route Mobile Limited has informed stock exchanges about penalty orders imposed by the Employees Provident Fund Organisation (EPFO) on its wholly owned subsidiary Send Clean Private Limited. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

EPFO Penalty Orders Details

The EPFO has passed orders against Send Clean Private Limited relating to alleged provident fund defaults. However, the company has clarified that these defaults pertain to the period prior to Route Mobile's acquisition of Send Clean Private Limited in September 2016 and relate to the erstwhile employer or previous owner.

Legal Status and Appeals

Both penalty orders have been stayed by the Central Government Industrial Tribunal (CGIT) through orders dated March 26, 2026. The appeal numbers are CGIT-1/EPFA/17/2026 and CGIT-1/EPFA/10/2026.

Financial Impact Assessment

Route Mobile has stated that no financial provision has been made for these penalty orders. The company does not expect any material adverse financial impact from these matters, given that the orders have been stayed and relate to pre-acquisition defaults by the previous owner.

Disclosure Timeline

The company acknowledged that the intimation was filed with a delay, explaining that the orders were initially received at the subsidiary level and required time for internal escalation and assessment of disclosure obligations. The disclosure was made on April 28, 2026, in the interest of transparency and investor awareness.

Route Mobile has committed to keeping the stock exchanges informed of any further material developments in these matters. The company's shares are listed on BSE (Scrip Code: 543228) and NSE (Symbol: ROUTE).