RateGain Reports High Quarterly Revenue of INR 715.5 Cr in Q4 FY26, Attributes Growth to AI and Sojern Integration
RateGain Travel Technologies Limited, a global provider of AI-powered SaaS solutions for the travel and hospitality sector, reported robust quarterly performance for the quarter and financial year ended March 31, 2026. The strong growth was attributed to the sustained momentum of its AI-led platform strategy and the continued progress in integrating Sojern.The company noted that its integration efforts are progressing as anticipated, generating early opportunities across cross-sell initiatives, unified data capabilities, and expanded enterprise engagement. The combined integration of Adara and Sojern has solidified RateGain's position as a leading source of travel intent data globally. This integrated technology stack enables travel brands to identify demand, activate audiences, optimize pricing, and improve revenue outcomes.
Quarterly Financial Highlights (Q4 FY26)
RateGain achieved its highest ever quarterly revenue, reporting an Operating Revenue of INR 715.5 Cr in Q4 FY26. This represented a significant year-on-year growth of 174.5%. The company also reported a healthy EBITDA margin of 20.5% for the quarter.A review of the key quarterly financial metrics compared to the same period last year shows the following performance:
| Metric | Q4 FY26 | Q4 FY25 | Year-over-Year Change |
|---|---|---|---|
| Operating Revenue | INR 715.5 Cr | INR 260.7 Cr | + 174.5% |
| Total Revenue | INR 718.1 Cr | INR 281.1 Cr | + 155.4% |
| EBITDA | INR 147.0 Cr | INR 60.6 Cr | + 142.7% |
| Adjusted EBITDA | INR 167.9 Cr | INR 60.6 Cr | + 177.1% |
| PAT | INR 70.0 Cr | INR 54.8 Cr | + 27.7% |
| Adjusted PAT | INR 90.9 Cr | INR 54.8 Cr | + 65.8% |
| EBITDA Margin | 20.5% | 23.2% | - |
| Adjusted EBITDA Margin | 23.5% | 23.2% | - |
Full Year Financial Performance (FY26)
For the full financial year ending March 31, 2026, the company reported solid overall growth. Operating Revenue stood at INR 1,823.6 Cr, reflecting a 69.4% increase year-on-year.The year-on-year financial comparisons for the full year FY26 are detailed below:
| Metric | FY26 | FY25 | Year-over-Year Change |
|---|---|---|---|
| Operating Revenue | INR 1,823.6 Cr | INR 1,076.7 Cr | + 69.4% |
| Total Revenue | INR 1,884.9 Cr | INR 1,153.0 Cr | + 63.5% |
| EBITDA | INR 337.5 Cr | INR 232.1 Cr | + 45.4% |
| Adjusted EBITDA | INR 358.3 Cr | INR 232.1 Cr | + 54.4% |
| PAT | INR 194.4 Cr | INR 208.9 Cr | - 7.0% |
| Adjusted PAT | INR 249.9 Cr | INR 208.9 Cr | + 19.6% |
| EBITDA Margin | 18.5% | 21.6% | - |
| Adjusted EBITDA Margin | 19.6% | 21.6% | - |
Management Commentary
Bhanu Chopra, Founder and Managing Director, RateGain, stated that FY26 marked a structural change for the company. He noted that the Sojern integration was delivered ahead of schedule, creating the world's largest travel intent data platform. Chopra added that AI is now producing measurable commercial outcomes for customers across acquisition, distribution, and engagement, setting the stage for the company's ambitions.Ankit Aggarwal, Deputy Chief Financial Officer, commented that FY26 was characterized by focused investment and disciplined execution. He highlighted the strong revenue momentum and improving margins as the benefits from integration began to materialize.
RateGain also continued strengthening its corporate standing, being recognized as a Great Place to Work for the seventh consecutive year in India, and receiving this recognition for the first time in Spain and the United States. The company was also named Emerging Company of the Year at the ET Corporate Excellence Awards.
RateGain Travel Technologies Limited operates as a global provider of AI-powered SaaS solutions for the travel and hospitality sector. The company services over 13,000 customers and more than 700 partners across 160 countries, helping businesses accelerate revenue generation through acquisition, retention, and wallet share expansion.
RATEGAIN Stock Price Movement
Shares of Rategain Travel Technologies Limited today shed 1.73%, settling at ₹648.10 as the equity closed its session. The stock dropped 2.58 million shares traded today, charting a day's range between a low of ₹645.55 and a high of ₹685.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.