Rategain Travel Technologies Ltd

Q3 FY26IT - Software

Rategain Travel Technologies Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹990

Market cap₹11.2K Cr

P/E42.7

Updated23 Aug 2026

Read4 min read

What the Q3 FY26 call signalled

2 of 4 strong

RevenueModerate growth

MarginMargins steady

CapexCapex planned

Order bookOrder book rising

The short version

RateGain aims to achieve $1 billion in revenue by 2030 (4 years away from 2026). RateGain targets double-digit organic growth in FY '27, building on strong Q4 momentum and 30% bookings growth in the first 9 months of FY '26.

From Rategain Travel Technologies Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Moderate growth

RateGain aims to achieve $1 billion in revenue by 2030 (4 years away from 2026).
The company experienced 94% revenue growth recently, with strong booking growth of over 30% year-on-year for 9 months.
Organic growth is expected to return to double-digit rates in Q4 FY 2026 and continue going forward.
The integrated go-to-market (GTM) strategy and Sojern acquisition are expected to accelerate commercial momentum and revenue growth.
The company anticipates continued strong organic growth in FY 2027, supported by expanded GTM investments and product adoption.

2 more points management made on revenue & sales performance

Profitability & Margins

RateGain targets double-digit organic growth in FY '27, building on strong Q4 momentum and 30% bookings growth in the first 9 months of FY '26.
EBITDA margin guidance is around 18% to 20.5%, with sustainable margins near 18%-18.5% consolidated, aiming to reinvest incremental margins into growth.
Integration synergies from Sojern acquisition (~$12 million annualized cost savings) will boost margins, fully visible from Q1 FY '27.
PAT adjusted for nonrecurring expenses showed 8% YoY growth in Q3 FY '26; recurring costs and amortization impacts are expected but offset by cost synergies and revenue growth.
RateGain plans to hit $1 billion revenue by accelerating investments backed by confident ROI.

2 more points management made on profitability & margins

See what Rategain Travel Technologies Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned

RateGain is actively reinvesting additional margins back into the business to accelerate growth, targeting $1 billion in revenue by 2030.
The company is committed to deploying capital primarily in go-to-market (GTM) strategies, including building and expanding the sales team and marketing functions, with approximately $5-6 million (~4% of EBITDA) invested recently.
Strategic investments include integration efforts post-acquisitions (e.g., Sojern), where $12 million in annualized cost synergies have been achieved within 100 days and further scale benefits are expected.
Dedicated cross-functional teams focus on AI capabilities to enhance products and productivity, embedding AI in engineering, HR, talent acquisition, and customer-facing solutions (e.g., AI Concierge).

2 more points management made on capital expenditure plans

Top-ranked in IT - Software

Ranked on what management guided this quarter

5x potential

1Workmates Core2cloud Solution Ltd₹536 Cr

Rev 1Mar 1

2Virtual Galaxy₹361 Cr

Rev 1Mar 3

3₹194 Cr

Rev 2Mar 1

4₹140 Cr

Rev 2Mar 1

5₹2.0K Cr

Rev 2Mar 2

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

There is no mention of any current or future new fundraising through debt or equity in the call.
The company has repaid approximately $25 million of acquisition-related debt within the first 90 days post Sojern deal closure.
The aim is to be net debt positive within 30 months.
Strong operating cash flows and a healthy balance sheet provide strategic flexibility during integration.

2 more points management made on fundraising & capital structure

See what Rategain Travel Technologies Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising

The transcript does not explicitly mention current or expected orderbook or pending orders for RateGain Travel Technologies Limited. However, relevant insights related to business momentum and growth include: - Nine-month booking volumes have seen over 30% year-on-year growth, indicating strong demand. - Q4 is expected to deliver double-digit organic growth. - Strong booking momentum and pipeline strength underpin confidence in continued growth. - Cross-sell traction and unified product motions are in progress, expected to accelerate commercial acceleration.

2 more points management made on order book & pipeline

Rategain Travel Technologies Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹716 Cr, net profit ₹70 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Rategain Travel Technologies Ltd's management said in earlier quarters

Others in IT - Software this season

ASM Technologies Ltd (Q3 FY26)
Revenue from Operations for Q3 FY26: ₹116.0 crore . Key concall takeaways from ASM Technologies Ltd's Q3 FY26 earnings call — and how it ranks against sector…
Quick Heal Technologies Ltd (Q3 FY26)
Q3 FY26 Net Revenue: ₹71.5 Cr, up 1.3% YoY (Page 18) . Key concall takeaways from Quick Heal Technologies Ltd's Q3 FY26 earnings call — and how it ranks…
All E Tech (Q3 FY26)
. Key concall takeaways from All E Technologies Ltd's Q3 FY26 earnings call — and how it ranks against sector peers.
Aurionpro Sol. (Q3 FY26)
1,650 crore or slightly more. Key concall takeaways from Aurionpro Solutions Ltd's Q3 FY26 earnings call — and how it ranks against sector peers.

Compare:vs Tata Consultancy Services Ltd vs Infosys Ltd vs HCL Technologies Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Rategain Travel Technologies Ltd Q3 FY26 results?

What is Rategain Travel Technologies Ltd share price analysis?

Rategain Travel Technologies Ltd currently shows a below-average growth signal. The stock trades at a P/E of 42.7 with a market cap of ₹11,166 Cr. Investors should review the full earnings analysis for detailed insights.

Is Rategain Travel Technologies Ltd planning capital expenditure?

RateGain is actively reinvesting additional margins back into the business to accelerate growth, targeting $1 billion in revenue by 2030.

Keep Rategain Travel Technologies Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.