Route Mobile Share Price Target
Route Mobile Share Price Target 2023, 2024, 2025, 2026, 2030 | From Rs.717 to Rs.2065 this mid cap share price gone all-time high within first 12 months. Route mobile shares have given around 182% returns to investor after listing.
Route Mobile Share Price Target 2023, 2024, 2025, 2026, 2030
Overview of Route Mobile:
Route Mobile share has given the strong market debut on September 2021, and delivered over 100% gains to its investors. Route Mobile share listed at a premium of 102.28% above its IPO issue price of Rs 350 on stock market.
The company is one of the leading Cloud Communications Platform service provider offering Communication Platform as a Service (CPaaS) solutions. The company offers mainly solutions messaging, phone, email, SMS filtering, analytics, and monetization, and we serve businesses, OTT players, and mobile network operators (MNO).
The company was founded in 2004 by Mr. Rajdip Gupta ((MD, Group CEO) and Sandip Gupta (Chairman – Non-executive). Route Mobile’s headquarter is situated in Mumbai, India with a global presence in the Asia Pacific, Middle East, Africa, Europe, and the Americas.
Overview of Route mobile ltd stock performance:
Route mobile is listed on stock exchanges in September 2020 and its stock performance has been impressive. The IPO of was oversubscribed by more than 70 times, and after listing Route Mobile share has shown significant growth and in first few months IPO is almost doubled from its IPO price Rs.350 and steadily by the end of December 2020, the stock price had crossed the INR 800 mark, representing a growth of over 120% in just three months.
Due to growing demand for its cloud-communication platform services Route mobile shares has outperformed its peers in terms of stock market returns in nearly one year.
Factors that have influenced Route mobile share price in the past:
Route Mobile ltd’s consistent strong financial results and company has delivered better revenue growth and profitability boosted the investors’ confidence, so this is the main key factor driving the Route Mobile share price growth.
After the covid most of companies implemented remote working, which in result increased the demand of could-communication services. And the world is now moving towards more digitalization for its businesses and relying on digital communication channels to connect with customers, the demand for cloud-communication services like Route Mobile’s has been on the rise.
Route Mobile has formed strategic partnerships with leading global tech giants, including Google, WhatsApp, and Microsoft, etc. These partnerships have helped the company to expand its market and strengthen its market position, contributing to its share price growth.
Not only business model but the strong IPO listing has won the investors trust and this interest of investor’s company’s future prospects driven the Route mobile share price to higher.
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Route Mobile current financial standing:
Closed Q1 FY22-23 with revenue from operations of ₹7,290mn compared to ₹6,261mn in Q4 FY21-22 and ₹3,775mn in Q1 FY21-22. Y-o-Y growth of 93.1% and sequential growth of 16.4% in revenue.
Recorded Gross Profit of ₹1,632mn in Q1 FY22-23 compared to ₹1,318mn in Q4 FY21-22 and ₹769mn in Q1 FY21-22. Y-o-Y growth of 112.2% and sequential growth of 23.8% in Gross Profit. Gross Profit margin of 22.4%, 21.1%, and 20.4% in Q1 FY22-23, Q4 FY21-22 and Q1 FY21-22 respectively
EBITDA of ₹860mn in Q1 FY22-23 compared to ₹697mn in Q4 FY21-22 and ₹491mn in Q1 FY21-22. Y-o-Y growth of 75.0% and sequential growth of 23.4% in EBITDA. EBITDA margin of 11.8%, 11.1% and 13.0% in Q1 FY22-23, Q4 FY21-22 and Q1 FY21-22 respectively. Recorded Profit After Tax of ₹711mn in Q1 FY22-23 compared to ₹474mn in Q4 FY21-22 and ₹343mn in Q1 FY21-22. Y-o-Y growth of 107.2% and sequential growth of 50.0% in Profit After Tax.

Route Mobile share price target 2023, 2024, 2025, 2026, 2030
Year | Maximum Price | Minimum Price | Estimated Average |
Route Mobile Share Price Target 2023 | 1520 | 1490 | 1505 |
Route Mobile Share Price Target 2024 | 1645 | 1600 | 1622.5 |
Route Mobile Share Price Target 2025 | 1820 | 1780 | 1800 |
Route Mobile Share Price Target 2026 | 2100 | 1980 | 2040 |
Route Mobile Share Price Target 2030 | 3850 | 3700 | 3775 |
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Route Mobile growth prospects:
Industry analysts expect that the CPaaS market to continue growing at a CAGR of over 30% from 2019 to 2024 and it will continue to grow with the better pace, so the company will have huge opportunities in business.
Also subscribers’ quick acceptance of smartphones, not just for communication but also for ecommerce. Through the use of the CPaaS platforms, businesses may be able to use many channels of communication. Adding technologies like chatbots and data analytics to CPaaS systems increases the value added for businesses.
Looking current developments and penetration of AI technology into businesses, company has signed Business Transfer Agreement with Teledgers to acquire DLT, trusted blockchain and AIpowered solutions.
Route Mobile has a strong presence in India, but the company is also expanding globally. It has operations in several countries, including the US, UK, and Singapore, among others. This global expansion provides the company with access to new markets and diversifies its revenue streams.
Conclusion:
Since entering the market in September 2020, Route Mobile has established itself as a prominent Cloud Communications Platform service provider and generated sizable returns for investors.
The company has grown as a consequence of its reliable financial performance, rising demand for cloud communication services, strategic alliances, and successful IPO listing.
The company is anticipated to benefit from the expanding market for CPaaS services and the rising popularity of smartphones for online shopping. According to analysts, Route Mobile will continue to operate well, and by 2030, the stock price is projected to hit a high of INR 3,850.
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What is Route mobile share price target 2030?
As per the study our estimated target price for Route mobile for year 2030 will be, first target is Rs.3700 and second target will be Rs.3850
What is Route mobile share price target 2025?
As per the study our estimated target price for Route mobile for year 2025 will be, first target is Rs.1780 and second target will be Rs.1820
Is Route Mobile a good buy?
Yes, The company has grown as a consequence of its reliable financial performance, rising demand for cloud communication services, strategic alliances, and successful IPO listing.
Is Route Mobile debt free?
Yes, Route Mobile is Virtually debt free.