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RateGain Travel Technologies Limited (RATEGAIN) Fair Value & Analysis

Technology · IN · Market cap ₹112B

RT RateGain Travel Technologies Limited RATEGAIN · NSE
Price₹941.05
Fair Value₹305.12
Upside-67.6%
Quality65/100
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Evidence: High Range ₹212.46 – ₹397.78

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price +23.0% over the past month.

Price vs Fair Value (12 months)

₹945.20 ₹427.25 Fair Value ₹305.12 Jul 2025 Jul 2026

12‑month range ₹427.25 – ₹945.20 · fair‑value band ₹212.46 – ₹397.78 · the ₹941.05 price screens above the ₹305.12 fair value. As of Jul 3, 2026.

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Analysis

RateGain Travel Technologies Limited (RATEGAIN) currently trades at ₹941.05, while our model-based Fair Value estimate is ₹305.12 — implying the stock looks roughly 67.6% overvalued today. We read business quality at 65/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, RateGain Travel Technologies Limited generated revenue of ₹18.2B at a net margin of 10.7%. Revenue grew 174.5% year over year. It earns a return on equity of 10.5%. Net debt stands at ₹7.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹18.2B
Revenue growth (YoY) +175%
Net margin 10.7%
Return on equity 10.5%
Free cash flow ₹2.3B FY2026
P/E ratio 57.5
More key figures
Operating margin 15.7%
EPS (TTM) ₹16.43
EPS growth (YoY) +27.1%
Net debt ₹7.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

RateGain Travel Technologies Limited, a software as a service (SaaS) company, provides solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally. It offers data as a service, such as competitive rate intelligence for hotels, airlines, OTAs, car rentals, tour operators, and cruises; revenue optimization for car rentals and tour operators; and travel-intent for hotels, airlines, car rentals, and travel-retail. The company also provides distribution solutions for enterprise/metasearch/GDS connectivity, channel manager, and content management. In addition, it offers Martech for managed media, digital media, and social media management services. The company was formerly RateGain Travel Technologies Private Limited and changed its name to RateGain Travel Technologies Limited in 2021. RateGain Travel Technologies Limited was founded in 2004 and is based in Noida, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

RateGain Travel Technologies Limited reported revenue of ₹18.2B in FY2026 versus ₹3.7B in FY2022, a compound +49.3%/yr. Reported net income was ₹1.9B in FY2026, compounding +119.2%/yr from FY2022.

Revenue +49.3%/yr
FY22 ₹3.7B
FY23 ₹5.7B
FY24 ₹9.6B
FY25 ₹10.8B
FY26 ₹18.2B
Net income +119.2%/yr
FY22 ₹84.2M
FY23 ₹684M
FY24 ₹1.5B
FY25 ₹2.1B
FY26 ₹1.9B

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Frequently asked questions

Is RateGain Travel Technologies Limited (RATEGAIN) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹305.12 versus a price of ₹941.05 — about −68% (overvalued). Model-based estimate, not financial advice.
What is the fair value of RATEGAIN?
Our model-based fair value for RateGain Travel Technologies Limited is ₹305.12 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹941.05.
What is the quality score of RATEGAIN?
RateGain Travel Technologies Limited has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of RateGain Travel Technologies Limited (RATEGAIN)?
RateGain Travel Technologies Limited reported trailing-twelve-month revenue of about ₹18.2B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of RATEGAIN?
The net profit margin of RateGain Travel Technologies Limited is about 10.7%, meaning it keeps roughly 10.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.