Company Overview

Route Mobile Limited (Scrip Code: 543228) published its Annual Report for FY 2025-26, reporting consolidated financial results with revenue of ₹4,408.21 crore (declining 3.7% YoY) while achieving a milestone gross profit exceeding ₹1,000 crore for the first time at 22.85% margin.

Financial Performance

Consolidated Results:

  • Revenue from Operations: ₹44,082 million (₹4,408.2 crore), down from ₹4,575.62 crore in FY25
  • EBITDA: ₹537.25 crore with margin improving to 12.2%
  • Profit Before Tax: ₹353.04 crore
  • Profit After Tax: ₹256.94 crore (declined 23% primarily due to exceptional items of ₹135.87 crore relating to vendor advance write-offs)
  • Earnings Per Share (Basic): ₹37.94
  • Cash and cash equivalents: ₹880.12 crore

Operational Highlights:

  • Processed 174.9 billion billable transactions
  • Served 3,100+ clients globally including Fortune Global 500 companies
  • Maintained relationships with 280+ mobile network operators with access to 900+ networks worldwide
  • 1,615 employees at consolidated level (497 at standalone)

Dividend and Capital Structure

  • Recommended final dividend of ₹2 per equity share (20%) for FY26, subject to shareholders' approval
  • Total dividend for FY26 aggregates to ₹11 per equity share, including three interim dividends of ₹3 each
  • Record date for final dividend: August 18, 2026
  • Issued and paid-up equity share capital: ₹63.00 crore (63,003,082 shares)
  • Issued 5,500 equity shares pursuant to ESOP exercise

Strategic Developments

  • Accelerated transformation into full-stack CPaaS provider with focus on AI-enabled omnichannel engagement
  • Deepened integration within Proximus Global ecosystem (74.85% promoter holding)
  • Expanded platform capabilities to include voice, email, RCS, WhatsApp, conversational AI, and digital identity solutions
  • Launched Konera Network API Platform for telecom capability access
  • Key implementations: Delhi Metro WhatsApp ticket bookings, Bank of Maharashtra processing 1.2 billion transactions annually

Governance and Leadership

Board Changes:

  • Mr. Seckin Arikan appointed as Chairman & Non-Executive Director effective January 22, 2026
  • Mr. Tushar Agnihotri appointed as CEO effective February 9, 2026
  • Mr. Rajdipkumar Gupta re-designated as Managing Director
  • Mr. Jan Van Acoleyen appointed as Additional Non-Executive Director

Regulatory Compliance:

  • SEBI issued circulars regarding physical security holders requiring PAN-Aadhaar linking and nomination
  • Complied with all Companies Act 2013 and SEBI Listing Regulations requirements
  • No material deviations in utilization of IPO and QIP proceeds
  • All related party transactions at arm's length
  • No instances of fraud reported by auditors

Subsidiary Performance

35 subsidiaries globally including:

  • Route Mobile (UK) Limited: Revenue GBP 180,181,545, PAT GBP 15,745,428
  • Routesms Solutions FZE: Revenue AED 98,739,793, Net loss AED (10,418,549)
  • Masivian S.A.S.: Revenue COP 140,972,888,354, PAT COP 14,406,723,113
  • M.R. Messaging FZE: Revenue AED 322,661,082, PAT AED 25,364,783

Risk Management and Outlook

Enhanced cyber security with mandatory IP whitelisting, 2FA, and dark web monitoring

Regular Vulnerability Assessment and Penetration Testing conducted

Updated data processing agreements for GDPR, CCPA compliance

Robust Business Continuity and Disaster Recovery Plan in place

Facing structural decline in international A2P SMS revenue and price compression in competitive CPaaS market

Annual General Meeting

22nd AGM scheduled for September 2, 2026 via video conferencing

Business items include adoption of financial statements, declaration of final dividend, re-appointment of directors, and appointment of statutory auditors