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RateGain Travel Technologies : Q4 2024 Financial Quarterly Report : YoY Sales Up 39.84 %, QoQ Up 1.5 %

May 22, 2024May 22, 2024| adminadmin| 0 Comments| 12:20 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 39.84 % in the past year, substantial increase in net sales/revenue by 1.5 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 338.33 %. Marginal increase in other income during this quarter, up by 93.56%.
  • Profit over the Year and quarter: Significant improvement in profitability for RateGain Travel Technologies Limited. Notable increase of 48.06 % in net profit Year to Year, RateGain Travel Technologies Limited’s profitability increased by 23.75 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 35.78 % Year to Year. EPS increased by 18.38 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of RateGain Travel Technologies Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 182.932 Cr Rs. 252.019 Cr Rs. 255.81 Cr + 1.5 % + 39.84 %
Expenses Rs. 150.72 Cr Rs. 200.76 Cr Rs. 201.55 Cr + 0.39 % + 33.72 %
Operating Profit Rs. 32.21 Cr Rs. 51.26 Cr Rs. 54.26 Cr + 5.85 % + 68.46 %
OPM % 17.61 % 20.34 % 21.21 % + 0.87 % + 3.6 %
Other Income Rs. 4.8 Cr Rs. 10.87 Cr Rs. 21.04 Cr + 93.56 % + 338.33 %
Interest Rs. 0.35 Cr Rs. 0.35 Cr Rs. 0.32 Cr -8.57 % -8.57 %
Depreciation Rs. 10.81 Cr Rs. 9.76 Cr Rs. 9.53 Cr -2.36 % -11.84 %
Profit before tax Rs. 25.85 Cr Rs. 52.02 Cr Rs. 65.45 Cr + 25.82 % + 153.19 %
Tax % 30.72 % 22.3 % 23.57 % + 1.27 % -7.15 %
Net Profit Rs. 33.79 Cr Rs. 40.42 Cr Rs. 50.02 Cr + 23.75 % + 48.03 %
EPS in Rs Rs. 3.13 Rs. 3.59 Rs. 4.25 + 18.38 % + 35.78 %


Today, we’re looking at RateGain Travel Technologies Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 39.84 %. However, it did see a marginal increase of 1.5 % from the previous quarter. Expenses ticked up slightly by 0.39 % quarter-on-quarter, aligning with the annual rise of 33.72 %. Operating profit, while up 68.46 % compared to last year, faced a quarter-on-quarter increase of 5.85 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.6 %, but an expansion of 0.87 % sequentially. Other income rose by 93.56 % compared to the last quarter, despite an annual growth of 338.33 %. Interest expenses dropped significantly by -8.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.57 %. Depreciation costs fell by -2.36 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.84 %. Profit before tax grew annually by 153.19 % but saw an increase from the preceding quarter by 25.82 %.
Tax expenses as a percentage of profits decreased slightly by -7.15 % compared to last year, with a more notable quarter-on-quarter increase of 1.27 %. Net profit rose by 48.03 % year-on-year but experienced a 23.75 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 35.78 % but a quarterly rise of 18.38 %. In summary, RateGain Travel Technologies Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 182.932 Cr Rs. 252.019 Cr Rs. 255.81 Cr + 1.5 % + 39.84 %
Expenses Rs. 150.72 Cr Rs. 200.76 Cr Rs. 201.55 Cr + 0.39 % + 33.72 %
Operating Profit Rs. 32.21 Cr Rs. 51.26 Cr Rs. 54.26 Cr + 5.85 % + 68.46 %
Net Profit Rs. 33.79 Cr Rs. 40.42 Cr Rs. 50.02 Cr + 23.75 % + 48.03 %
EPS in Rs Rs. 3.13 Rs. 3.59 Rs. 4.25 + 18.38 % + 35.78 %


In reviewing RateGain Travel Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 39.84 % year-on-year growth, however, there was a minor increase of 1.5 % from the previous quarter. Expenses rose by 33.72 % compared to the previous year, with a 0.39 % increase quarter-on-quarter. Operating Profit surged by 68.46 % annually, and saw a 5.85 % increase from the last quarter.
Net Profit showed yearly increase of 48.03 %, and experienced a 23.75 % increase from the previous quarter. Earnings Per Share (EPS) rose by 35.78 % annually, however rose by 18.38 % compared to the last quarter. In essence, while RateGain Travel Technologies Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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