Rategain Travel Technologies Limited (RATEGAIN) - Net Assets
Based on the latest financial reports, Rategain Travel Technologies Limited (RATEGAIN) has net assets worth Rs18.60 Billion INR (≈ $201.12 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs36.39 Billion ≈ $393.52 Million USD) and total liabilities (Rs17.79 Billion ≈ $192.41 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RATEGAIN financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs18.60 Billion |
| % of Total Assets | 51.11% |
| Annual Growth Rate | 50.76% |
| 5-Year Change | 589.57% |
| 10-Year Change | N/A |
| Growth Volatility | 56.45 |
Rategain Travel Technologies Limited - Net Assets Trend (2019–2025)
This chart illustrates how Rategain Travel Technologies Limited's net assets have evolved over time, based on quarterly financial data. Also explore Rategain Travel Technologies Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Rategain Travel Technologies Limited (2019–2025)
The table below shows the annual net assets of Rategain Travel Technologies Limited from 2019 to 2025. For live valuation and market cap data, see RATEGAIN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs16.83 Billion ≈ $181.97 Million |
+16.01% |
| 2024-03-31 | Rs14.50 Billion ≈ $156.86 Million |
+104.37% |
| 2023-03-31 | Rs7.10 Billion ≈ $76.76 Million |
+14.63% |
| 2022-03-31 | Rs6.19 Billion ≈ $66.96 Million |
+153.73% |
| 2021-03-31 | Rs2.44 Billion ≈ $26.39 Million |
+77.18% |
| 2020-03-31 | Rs1.38 Billion ≈ $14.89 Million |
-3.84% |
| 2019-03-31 | Rs1.43 Billion ≈ $15.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Rategain Travel Technologies Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 583.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.56 Billion | 27.09% |
| Common Stock | Rs117.99 Million | 0.70% |
| Other Comprehensive Income | Rs548.97 Million | 3.26% |
| Other Components | Rs11.60 Billion | 68.95% |
| Total Equity | Rs16.83 Billion | 100.00% |
Rategain Travel Technologies Limited Competitors by Market Cap
The table below lists competitors of Rategain Travel Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
|
$769.64 Million |
|
Lotte Chilsung Beverage
KO:005300
|
$769.67 Million |
|
McCormick & Company Incorporated
NYSE:MKC-V
|
$769.80 Million |
|
Hunan Huakai Cultural and Creative Co Ltd
SHE:300592
|
$769.81 Million |
|
Eastman Kodak Co
NYSE:KODK
|
$769.27 Million |
|
Zhejiang Meili High Technology Co Ltd
SHE:300611
|
$769.08 Million |
|
Beijing Science Sun Pharmaceutical Co Ltd
SHE:300485
|
$768.97 Million |
|
Boozt AB
ST:BOOZT
|
$768.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rategain Travel Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,504,710,000 to 16,826,600,000, a change of 2,321,890,000 (16.0%).
- Net income of 2,089,290,000 contributed positively to equity growth.
- New share issuances of 18,480,000 increased equity.
- Other comprehensive income increased equity by 156,260,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.09 Billion | +12.42% |
| Share Issuances | Rs18.48 Million | +0.11% |
| Other Comprehensive Income | Rs156.26 Million | +0.93% |
| Other Changes | Rs57.86 Million | +0.34% |
| Total Change | Rs- | 16.01% |
Book Value vs Market Value Analysis
This analysis compares Rategain Travel Technologies Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 44.92x to 4.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs13.42 | Rs602.60 | x |
| 2020-03-31 | Rs15.52 | Rs602.60 | x |
| 2021-03-31 | Rs26.39 | Rs602.60 | x |
| 2022-03-31 | Rs61.34 | Rs602.60 | x |
| 2023-03-31 | Rs65.24 | Rs602.60 | x |
| 2024-03-31 | Rs128.12 | Rs602.60 | x |
| 2025-03-31 | Rs142.71 | Rs602.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rategain Travel Technologies Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.41%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.13x
- Recent ROE (12.42%) is above the historical average (2.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.70% | 4.22% | 0.92x | 1.99x | Rs-32.89 Million |
| 2020 | -14.60% | -5.04% | 1.00x | 2.88x | Rs-338.76 Million |
| 2021 | -11.71% | -11.39% | 0.47x | 2.17x | Rs-529.77 Million |
| 2022 | 1.36% | 2.30% | 0.47x | 1.26x | Rs-534.96 Million |
| 2023 | 9.64% | 12.10% | 0.60x | 1.33x | Rs-25.73 Million |
| 2024 | 10.02% | 15.19% | 0.55x | 1.19x | Rs3.46 Million |
| 2025 | 12.42% | 19.41% | 0.57x | 1.13x | Rs406.63 Million |
Industry Comparison
This section compares Rategain Travel Technologies Limited's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $6,026,776,087
- Average return on equity (ROE) among peers: -48.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rategain Travel Technologies Limited (RATEGAIN) | Rs18.60 Billion | 7.70% | 0.96x | $769.63 Million |
| 63 moons technologies limited (63MOONS) | $31.20 Billion | 7.81% | 0.26x | $372.07 Million |
| Black Box Limited (BBOX) | $3.06 Billion | 1.21% | 2.94x | $1.23 Billion |
| Bharatiya Global Infomedia Limited (BGLOBAL) | $911.29 Million | 1.21% | 0.24x | $531.15K |
| ZINKA LOGISTICS SOL LTD (BLACKBUCK) | $5.85 Billion | -48.64% | 0.54x | $1.08 Billion |
| California Software Company Limited (CALSOFT) | $150.48 Million | -515.33% | 7.36x | $2.40 Million |
| eMudhra Limited (EMUDHRA) | $7.47 Billion | 11.33% | 0.16x | $433.25 Million |
| InfoBeans Technologies Limited (INFOBEAN) | $281.77 Million | 19.71% | 0.13x | $47.18 Million |
| Intellect Design Arena Limited (INTELLECT) | $10.57 Billion | 1.51% | 0.77x | $1.12 Billion |
| Iris Business Services Limited (IRIS) | $330.63 Million | 26.89% | 0.85x | $53.46 Million |
| IZMO Limited (IZMO) | $443.39 Million | 7.26% | 0.31x | $114.72 Million |
About Rategain Travel Technologies Limited
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… Read more