Route Mobile share price target 2022, 2023, 2024, 2025, and 2030: In this article, you will learn about Route Mobile share price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals and financials of the company.
For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term. To make it clear to you, in this article we have mentioned Route Mobile share price target 2022, 2023, 2024, 2025, and 2030, along with the fundamentals of the company.
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Route Mobile: Company Profile
Route Mobile provides a cloud-communication platform as a service (CPaaS) to enterprises, over-the-top (OTT) players, and mobile network operators (MNOs). The company’s enterprise solution comprises two primary components – the front-end that provides an interface for enterprises to integrate with, and a back-end that is directly integrated with over 240 MNOs, and provides access to over 800 MNOs across the globe, as of June 30, 2020, enabling the company to leverage their SMS and voice channels for digital communication (Super Network).
Further, the backend is also integrated with OTT-business messaging solution providers and is capable of supporting Rich Communication Services (RCS) business messaging, offering multiple channels of communication to enterprises. The company’s omnichannel platform enables enterprises to leverage various modes of digital communication to engage with their stakeholders – including customers, employees, and vendors.
The company’s range of enterprise communication services includes application-to-peer (A2P) / peer-to-application (P2A) / 2Way Messaging, RCS, OTT business messaging, voice, email, and omnichannel communication. Further, it also offers SMS analytics, firewall, filtering and monetization, SMS hubbing, and Instant Virtual Number (IVN) solutions to MNOs across the globe. Its clients include some of the world’s largest and most well-known organizations, including a number of Fortune Global 500 companies.
Share Holding Pattern
Route Mobile Share Price Target 2022
Revenue growth in FY2021 in the Messaging Services business was driven by the following key factors:
- Exponential growth in revenue from OTT clients
- On-boarding of large new enterprise clients across multiple geographies
- Growth in large clients in India, Africa, and the Middle East region
The COVID-19 pandemic negatively impacted the Call Center services revenue in FY2021. The Call Center services revenues are generated primarily from domestic Indian enterprises. These clients reduced their spending on customer management and support services, due to the lockdown across the nation, which led to reduced business and customer interaction. Moving forward, we expect the revenues to pick up once the lockdowns are relaxed and customer-oriented services witness revived momentum.
At a consolidated level, the gross profit margin profile, in FY2021, continued to be similar to FY2020. Employee Expenses grew from ₹5,820.05 lakh in FY2020 to ₹6,149.31 lakh in FY2021, and Other Expenses increased from ₹3,394.51 lakh in FY2020 to ₹4,156.44 lakh in FY2021, delivering an EBITDA of ₹17,564.86 lakh in FY2021, compared to an EBITDA of ₹9,995.26 lakh in FY2020. The increase in Other Expenses was primarily due to an increase in Legal and Professional charges.
EBITDA calculation excludes other income and one-time expenses and exceptional items (expenses incurred for payments under Sabka Vikas Scheme in FY2020 and stamp duty charges associated with the earn-out payment related to 365squared acquisition in FY2021). Depreciation and amortization increased from ₹2,267.91 lakh in FY2020 to ₹2,575.49 lakh in FY2021. Finance costs stood at ₹275.59 lakh in FY2021, compared to ₹486.81 lakh in FY2020. The Finance costs towards the lease rental decrease over a period of time due to payment of the rentals resulting in decreases in finance costs during the FY 2021.
Current Assets increased from ₹40,409.41 lakh in FY2020 to ₹76,974.79 lakh in FY2021, whereas Current Liabilities increased from ₹34,624.29 lakh to ₹35,500.81 lakh over the same period. The increase in Current Assets outweighed an increase in Current Liabilities in FY2021, resulting in an increase in the Current Ratio from 1.17 in FY2020 to 2.17 in FY2021. By considering the financial results and global economy, Route Mobile share price target for 2022 is Rs 1,620.
|Route Mobile share price target 2022|
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Route Mobile Share Price Target 2023
CPaaS industry growing at a rapid pace
Industry analysts expect the CPaaS market to continue growing at a CAGR of over 30% from 2019 to 2024. Primary factors driving this robust growth momentum include:
- The rapid adoption of smartphones by subscribers – not only for communication but also for commerce
- Potential for enterprises to leverage multiple channels of communication through CPaaS platforms
- Augmenting CPaaS platforms with technologies such as chatbots, and data analytics deliver higher value add to enterprises
Overall, the adoption of CPaaS platforms by enterprises is expected to grow multi-fold over the next few years.
The COVID-19 crisis reduced in-person interaction between brands and customers, but at the same time, accelerated growth in digital interactions between enterprises and their customers. Surveys conducted by industry leaders indicate that the pandemic has accelerated the digital communication strategies of companies by six years. COVID-19 has very quickly led enterprises to move away from traditional communication channels which were limited in their capabilities, and unable to address the evolving requirements related to complex business use cases.
Focus on enhanced customer experience and seamless multi-channel communication solutions led to the rapid adoption of CPaaS platforms by enterprises. What we have witnessed over the past year are tectonic shifts in the way enterprises use digital communication channels, and these changes are permanent shifts in the industry. The addressable market continues to expand, as existing clients continue to identify new business use cases which require CPaaS platforms, and new clients will continue to adopt CPaaS to enhance their digital communication strategy. By considering all these factors, Route Mobile share price target for 2023 is Rs 1,770.
|Route Mobile share price target 2023|
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Route Mobile Share Price Target 2024
Route Mobile is among the leading global cloud-communication platform service providers to enterprises, over-the-top (“OTT”) players, and mobile network operators. Route Mobile offers omnichannel digital communication solutions including messaging (A2P SMS, OTT Messaging, and RCS amongst others), enterprise voice, and email, to enterprise clients across the globe. Route Mobile offers a range of cloud communication services to clients across diverse sectors including banking and financial services, aviation, retail, e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals, and telecom.
Route Mobile clients include some of the world’s largest and most well-known organizations, including a number of Fortune Global 500 companies. Further, the company also offers SMS filtering, analytics, SMS Firewall, SMSC, MMSC, and SMS monetization solutions to Mobile Network Operators globally. Route Mobile has been consistently ranked amongst the Tier 1 application-to-peer (“A2P”) SMS Messaging service providers, thrice over 2018-2020 and scored high rankings across metrics including reliability, customer service, technical expertise, understanding of the industry, and quality of service amongst others. (Source: ROCCO Report).
Route Mobile is the only Asian company covered in Gartner’s Market Guide for SaaS (October 2020). Further, Route Mobile has been identified as an Established Leader in CPaaS Deep Dive Strategy & Competition 2020-2025 study published by Juniper. Route Mobile (UK) Limited, its wholly-owned subsidiary in the United Kingdom, received an honorable recognition of being amongst the fastest growing companies in the Technology & Telecom sector and overall 2nd in the UK’s top fastest-growing Indian companies in the UK 2020 (Source: 7th edition of the Grant Thornton India meets Britain Tracker, developed in collaboration with the Confederation of Indian Industry).
Route Mobile has ranked in the top 5 fastest growing companies in this report consistently, in 2018, 2019, and 2020. By considering all these factors, Route Mobile share price target for 2024 is Rs 1,910.
|Route Mobile share price target 2024|
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Route Mobile Share Price Target 2025
Route Mobile Enterprise and OTT vertical primarily provides cloud-communication platform services to enterprises. Route Mobile enterprise cloud-communication platform services and solutions include A2P messaging that includes enterprise messaging, 2Way messaging, enterprise email and Acculync; RCS messaging; OTT messaging (also referred to as IP Based Messaging), and voice application services (which enable enterprises to, via the cloud, connect incoming and outgoing voice calls to their applications and systems). Voice services also include interactive voice response, Click2Call, missed call facility, outbound dialler, and international wholesale voice services.
Mobile Operator: Through its own communications platform and managed services, we provide software and service solutions to mobile network operators globally. Route Mobile main service offerings in this segment include SMS filtering, analytics, monetization, and hubbing solutions. We consummated the acquisition of software (IP), customer contracts, and technical team, on a slump sale basis from TeleDNA Communications Private Limited, in FY 2020-21, to further bolster its Mobile Operator-focused solutions. With this acquisition, Route Mobile expanded its Mobile Operator-focused solutions to include SMSC, MMSC, and firewall solutions.
Business Process Outsourcing (BPO): Route Mobile provides a range of voice, non-voice, and consulting services as part of our BPO services. The voice services include client support, technical support, booking, and collection services. The non-voice services include client support through email and chat, IT support, billing, and data processing. As part of its consulting services, we support our clients with program management for credit/debit cards, e-commerce, e-wallet, and e-governance services.
Route Mobile is an associate member of the GSMA and an accredited open hub connectivity solution provider with its own internally developed cloud communications platform allowing it to handle both A2P and peer-to-peer (“P2P”) traffic for enterprises, and OTT players, and MNOs. Route Mobile is also a member of MEF, IAMAI, CII, ASSOCHAM & MMA which allows providing its representation at various industry forums nationally and internationally.
In FY2021 through the Route Mobile cloud communications platform, we processed more than thirty-two billion transactions (at a consolidated level). The company has established direct relationships with MNOs that provide its clients with global connectivity. As of March 31, 2021, Route Mobile had direct relationships with over 265 MNOs (at a consolidated level) and four short messaging service centers (at a consolidated level) hosted in various geographies across the globe. Route Mobile is also able to access more than 800 networks (at a consolidated level) across the world. By considering these factors, Route Mobile share price target for 2025 is Rs 2,120.
|Route Mobile share price target 2025|
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Route Mobile Share Price Target 2030
The continuous focus on innovating the product offerings and evolving its go-to-market approach continues to drive positive results for the Company Over the past few years, Route Mobile has evolved from being a primarily A2P SMS-focused communication solutions provider to a being true omnichannel CPaaS partner to our enterprise customers. the company has added several alternative communication channels to its robust platform – including Enterprise Voice, OTT / IP Messaging, Email, RCS Business Messaging, and Chatbots to comprehensively address the digital communication requirements of our enterprise customers.
Route Mobile is witnessing a rapid adoption of alternative communication channels by enterprises, to provide a superior, interactive experience and service to their customers. Route Mobile omnichannel platform enables enterprises to leverage these multiple channels to connect with customers seamlessly.
Route Mobile continues to witness increasing demand and volumes around the existing digital use-cases that it address for its enterprise customers, and also continue to see the evolution of newer use-cases, whereby enterprises are seeking to leverage digital communication channels to automate business processes and try to reduce the human dependencies in those processes. These newer channels of communication are contributing an increasing proportion of revenue on a quarterly basis to its overall revenues.
Route Mobile is extending its platform from CPaaS towards CxPaaS – Customer Experience Platform as a Service, whereby Route Mobile will enable enterprises to automate business processes by leveraging the Route Mobile Platform and APIs. It is its constant focus to continuously strengthen and expand the digital communication capabilities of the Route
The mobile platform, to capture an increasing share of the enterprises’ communication spend. The objective is to offer comprehensive digital communication solutions to enterprises to address their requirements across the customer lifecycle – from identifying potential customers, to conversion, to onboarding, to servicing, all the way to bringing back lost customers to the brand. Route Mobile continues to build on the various existing layers of the platform and integrate higher value add capabilities into the platform – thereby capturing a larger proportion of the enterprises’ spend on digital communication solutions.
- RML stands to benefit from the high growth potential in the market, and increasing demand from enterprises for reliable communication partners who could support enterprises’ communication requirements across technologies
- Potential pricing increase in markets like India, driven by the adoption of new technologies – including blockchain and RCS, will drive revenue growth, and potential margin expansion for businesses in this market
- RML’s omni-channel platform approach positions it as a partner of choice in an environment where enterprises have multiple options of communication channels to reach their customers
- Opportunity to capture larger share of customers’ digital communication spend, by leveraging our truly omni-channel platform
- Firewall solutions (analytics and monetization solutions for MNOs) continue to witness growing demand, as more and more MNOs adopt these solutions to enhance their revenue streams.
By considering all the above-mentioned factors and the opportunities Route Mobile has to grow its business in the future, Route Mobile share price target for 2030 is Rs 5,900.
|Route Mobile share price target 2030|
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Route Mobile Share Price Target 2022, 2023, 2024, 2025, and 2030
|Year||Share Price Target|
|Route Mobile share price target 2022||Rs 1,620|
|Route Mobile share price target 2023||Rs 1,770|
|Route Mobile share price target 2024||Rs 1,910|
|Route Mobile share price target 2025||Rs 2,120|
|Route Mobile share price target 2030||Rs 5,900|
Frequently Asked Questions
What is target of Route Mobile?
Route Mobile share price for 2022 is Rs 1,620, Route Mobile share price target for 2023 is Rs 1,770, Route Mobile share price target for 2024 is Rs 1,910, Route Mobile share price target for 2025 is Rs 2,120, and Route Mobile share price target for 2030 is Rs 5,900.
Is Route Mobile a small-cap?
No, Route Mobile is a mid-cap company. A company is considered a small-cap if its market cap is below 5,000 crores, route mobile market is around 10,000 crores. A company is considered a mid-cap if its market is between 5,000 to 20,000 crores.
Is Route Mobile debt-free?
Yes, Route Mobile is a debt-free company.