RateGain Travel Technologies Approves Audited Financial Results for FY26
RateGain Travel Technologies Limited announced the approval of its audited financial results for the Quarter and Financial Year ended March 31, 2026. The Company also released the audited Consolidated Financial Results, confirming the Group's operational scope and financial standing.The Board of Directors considered and approved the financial results, which were audited by Deloitte Haskins & Sells LLP. The Company Chairman and Managing Director, Bhanu Chopra, and Deputy CFO (Interim CFO), Ankit Aggarwal, declared that the statutory auditors issued an Audit Report with an unmodified opinion on both the Standalone and Consolidated Financial Results for the period ending March 31, 2026.
Financial Performance Highlights
The financial statements provide details for both the Standalone and Consolidated results.Standalone Financial Results
For the Standalone Financial Results for the year ended March 31, 2026, the figures indicate:
| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Revenue from operations | 2,488.13 | 2,104.32 |
| Total income | 2,932.04 | 2,798.36 |
| Total comprehensive income (net of tax) | 510.09 | 717.37 |
| Paid-up share capital | 118.10 | 117.99 |
Consolidated Financial Results
The Consolidated Financial Results show a distinct overview of the Group’s financials for the year ended March 31, 2026.
| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
|---|---|---|
| Total income | 18,848.90 | 11,530.44 |
| Total comprehensive income (net of tax) | 137.56 | 3,226.85 |
| Paid-up share capital | 118.10 | 16,708.62 |
Balance Sheet Summary
The balance sheets reveal significant structural changes in the Group's assets and liabilities between March 31, 2025, and March 31, 2026.Consolidated Assets and Liabilities (in € million)
| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| Total non-current assets (A) | 26,052.26 | 2,896.57 |
| Total current assets (B) | 9,545.70 | 2,031.13 |
| Total assets (A+B) | 35,507.96 | 15,041.09 |
| Total equity (C) | 20,058.55 | 16,826.61 |
| Total liabilities (F=D+E) | 15,539.41 | 2,214.48 |
| Total equity and liabilities (C+F) | 35,507.96 | 19,041.09 |
Strategic and Operational Updates
The financial period included several significant corporate activities, notably the acquisition of Sojern Inc. and its subsidiaries.Sojern Acquisition
The Company completed the acquisition of 100% equity shares of Sojern Inc. and its subsidiaries, a US based company specializing in AI-powered hospitality and travel marketing, on November 6, 2025. The acquisition was completed at a consideration of ¥ 22,227.19 million (USD 250.99 million), subject to working capital adjustment.
The acquisition was financed through a combination of external funds raised by the Company's wholly owned subsidiary amounting to ¥ 11,069.63 million (USD 125 million), and money raised through a Qualified Institutional Placement (QIP)/internal funds amounting to ¥ 11,157.56 million (USD 125.99 million).
A previous related fundraising occurred during the quarter ended December 31, 2023, when the Company raised ¥ 6,000 million by way of QIP. These funds were also utilized for strategic investments and the subsequent acquisition of Sojern Inc. and its subsidiaries, with 100% of the net proceeds utilized as of March 31, 2026.
Other Financial Movements
In addition to the acquisition, the financial results included recognizing certain non-recurring expenses as exceptional items. These included transaction and other incidental costs related to the acquisition, amounting to ¥ 324.16 million, and an increase in gratuity and leave encashment expenses of ¥ 22.02 million.
Audit Confirmation
The auditors confirmed that both the Standalone and Consolidated Financial Results for the year ended March 31, 2026, provide a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards.RATEGAIN Stock Price Movement
Rategain Travel Technologies Limited shares today slipped by 1.73% to settle at ₹648.1, marking a notable dip from its previous close. The stock traded within a range of ₹645.55 to ₹685, hitting a total volume of 2.58 million shares.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.
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