RateGain Shares Slump 9% After Q4 Results

Shares of travel tech SaaS company Rategain slipped nearly 9% to INR 478.80 during the intraday trading session on BSE today, a day after the company reported its fourth quarter financial results.

With a fall in its share price today, RateGain’s market capitalisation stood at 5,683.7 Cr with nearly 9.9 Lakh shares traded hands by 10:47 AM. 

RateGain’s consolidated net profit increased 9.6% to INR 54.8 Cr in Q4 FY25 from INR 50 Cr in the year-ago quarter. On a quarter-on-quarter (QoQ) basis, the company’s profit declined 3% from INR 56.5 Cr.

At the time of writing, the stock slightly recouped its losses and was trading 8.34% lower than its previous closing price of INR 525.25 per share on BSE. 

Both on a year-to-date (YTD) basis as well as in the last one year, the stock has lost nearly 34% as of its current price (11:00 AM). 

However, it has improved in the last one month as it gained 7.23% and ended in green in five out of the last seven sessions. 

The drop in RateGain’s stock prices also coincides with a fall in both Nifty 50 and Sensex 30. The benchmark indices were trading in Red, with Sensex falling 0.94% to 81,406.07 and Nifty declining 0.91% to 24,773.35 at 11:00 AM. 

Founded in 2004, RateGain is a global provider of SaaS solutions for travel and hospitality sectors. It works with 3,000+ customers and 700+ partners in 100+ countries, helping them accelerate revenue generation through acquisition, retention, and wallet share expansion.

How did RateGain Perform In Q4 FY25 ?

While RateGain has witnessed growth in its financials in the full fiscal 2025 (FY25), its quarterly performance declined in Jan-March quarter of FY25. 

The company’s topline grew 2% to INR 260.7 Cr during the quarter under review from INR 255.8 Cr in Q4 FY24, but the operating revenue contracted 7% from INR 278.7 Cr in Q3 FY25. 

Including other income of INR 20.5 Cr, the company’s total income for the quarter stood at INR 281.1 Cr. 

On a positive side, its total expenditure dipped to INR 208.8 Cr in Q4 FY25, down 1% YoY and 8% QoQ. 

The EBITDA for the quarter rose 12% YoY to INR 60.6 Cr, while EBITDA margin expanded to 23.2% from 21.2% in the year-ago quarter. The company claimed that this was the highest quarterly EBITDA margin it has ever reported. 

For the full fiscal year 2025, the company reported a 44% YoY surge in net profit to INR 208.9 Cr. Operating revenue grew 16% to INR 1,153.1 Cr from INR 998.6 Cr in FY24. 

EBITDA rose 22% to INR 232.1 Cr in FY25, while EBITDA margin expanded 400 basis points to 21%.

Notably, Martech was the biggest contributor to RateGain’s revenue, bringing in INR 512.1 Cr and commanding about 43% share.