Route Mobile
731.85
-1.90(-0.26%)
Market Cap₹4,622.40 Cr
PE Ratio14.80
IndustryTelecom
Company Performance:
1D-0.26%
1M-15.68%
6M-28.44%
1Y-53.04%
5Y+2.25%
View Company Insightsright
More news about Route Mobile
23Jul 25
Route Mobile Shareholders Overwhelmingly Approve Jan Van Acoleyen's Appointment as Non-Executive Director
Route Mobile Limited secured 99.96% shareholder approval for appointing Jan Van Acoleyen as a Non-Executive Non-Independent Director. The postal ballot, conducted via remote e-voting from May 29 to June 27, saw 86.29% voter turnout. Van Acoleyen's appointment is effective from April 16, when he was initially appointed as an additional director. The resolution received 54,337,251 votes in favor and 23,232 against, with strong support across all shareholder categories.
22Jul 25
Route Mobile CEO Gautam Badalia Steps Down, Effective Immediately
Gautam Badalia, CEO, Chief Investor Relations Officer, and Key Managerial Personnel of Route Mobile Limited (RML), has resigned effective immediately. The Board of Directors approved his resignation, which was announced in a BSE filing. Badalia, who served the company for over eight years, is leaving to pursue other career opportunities. He has committed to ensuring a smooth transition and expressed confidence in the company's future. Route Mobile has not yet announced a successor for the CEO position.
18Jul 25
Route Mobile Reports Q1 FY26 EBITDA Decline Amid Market Challenges
Route Mobile's Q1 FY26 financial results show a decrease in EBITDA to ₹940.00 million from ₹1,230.00 million year-over-year. Revenue from operations declined 4.8% to ₹10,508.30 million. The company faces challenges in the A2P SMS segment but reports improved gross margins. Strategic initiatives include expanding RCS-based solutions, partnering with global system integrators, and focusing on telecom API opportunities. The overseas segment contributes 94% of total revenue. An interim dividend of ₹3 per share was announced. Management changes include Rajdipkumar Gupta's re-designation as MD and CEO, and Sammy Mamdani's appointment as COO.
18Jul 25
Route Mobile: Q1 Results Show Revenue Decline and Leadership Change
Route Mobile Limited announced Q1 financial results with a 10.6% sequential decline in revenue to ₹1,050.80 crore and a 6% drop in profit after tax to ₹58.78 crore. The company processed 39.3 billion billable transactions and reported net cash of ₹1,082.60 crore. CEO Gautam Badalia has resigned, with Founder Rajdipkumar Gupta taking over as MD and CEO. The company is focusing on cost optimization, AI automation, and diversification strategies to navigate market challenges. An interim dividend of ₹3 per share has been recommended.
09May 25
Route Mobile Suspends Financial Guidance Amid Global Uncertainties
Route Mobile Limited has decided to withhold specific financial guidance for the near future, including FY 2025-2026, due to global uncertainties affecting enterprise and OTT communication spending. The company is focusing on cost optimization and integration with Proximus to realize cross-sell synergies. Despite this cautious approach, Route Mobile maintains its commitment to distribute 20% of annualized profits to shareholders. The company plans to provide more comprehensive information after its summer review.
08May 25
Route Mobile Reports Q4 Financial Results: Revenue Up, EBITDA Down
Route Mobile's Q4 financial results show a 15.54% year-over-year revenue increase to ₹11.75 billion. However, EBITDA decreased to ₹1.22 billion from ₹1.25 billion, with EBITDA margin falling to 10.38% from 12.33%. Profit Before Tax slightly decreased to ₹1.04 billion. The company reported an exceptional item of ₹247.00 million. Despite challenges in maintaining profitability metrics, the strong revenue growth indicates robust demand for Route Mobile's services.
25Apr 25
Route Mobile Sets Stage for Q4 FY25 Results and Earnings Call
Route Mobile Limited will release its Q4 and FY 2025 financial results on May 7, 2025. The board meeting will consider audited financial results and a final dividend recommendation. The company has closed its trading window from April 1 until 48 hours after results announcement. An earnings conference call is scheduled for May 8, featuring key management participants. Investors can access results on the company website and join the call via provided access numbers.
08Apr 25
Route Mobile's Subsidiary Launches AI-Powered SMS Spam Protection Solution
Route Mobile's subsidiary, Proximus Global, has introduced 365Guard, an AI-powered solution to combat SMS spam and fraud. The system can block millions of unwanted messages daily, addressing a global problem where scammers stole $1.03 trillion in 2024. 365Guard uses a three-stage approach: logging suspicious activity, alerting mobile network operators, and taking preventive action. It employs AI-powered analytics for dynamic threat detection, adapting to regional threats and complex AI-driven attacks. The solution complements Proximus Global's existing security portfolio, offering a comprehensive defense for both P2P and A2P communication channels.
06Mar 25
Route Mobile Soars 11% on Strategic Partnership with Nokia and Proximus Global for Network API Development
Route Mobile Limited's stock price increased by over 11% following the announcement of a strategic partnership with Nokia and Proximus Global. The collaboration, revealed at MWC25, aims to offer network APIs for enterprise application development. Proximus Global's network APIs will be exposed on Nokia's Network as Code platform, while Nokia's CAMARA and 5G APIs will be available through Proximus Global's telco market presence. The partnership focuses on supporting developers in creating new applications for enterprises, particularly in financial services and healthcare sectors. Potential applications include real-time fraud prevention and network slicing for mass gathering events.
05Mar 25
Route Mobile's Proximus Global Forges Strategic Partnership with Nokia for Network API Development
Route Mobile's subsidiary, Proximus Global, has formed a partnership with Nokia to offer network APIs to developers. The collaboration aims to expose APIs on each other's marketplaces, bridge industry segments with the telecom ecosystem, and enable enterprises to leverage expanding API capabilities. Key objectives include API exchange, global reach expansion, and facilitating innovative enterprise solutions. The partnership will utilize Nokia's Network Exposure Platform and focus on applications such as real-time fraud prevention and network slicing for mass events.
Route Mobile
731.85
-1.90
(-0.26%)
1 Year Returns:-53.04%
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