Results · Enterprise Software & IT

RateGain beats revenue guidance and posts strong Q1

By Startup Enthusiast · 6 August 2026

What they do

RateGain provides data, distribution, and marketing tech to travel companies

Q1 FY27 net profit jumped 102% YoY to ₹94.9 Cr; revenue rose 188% to ₹785 Cr

The company raised its EBITDA margin guidance after exceeding cost synergy targets from the Sojern acquisition

RateGain expects to exceed its FY27 revenue guidance of ₹3,000-3,100 crore.
The company raised its EBITDA margin guidance to 22.5%-23.5%.
Q1 FY27 consolidated net profit was ₹94.9 crore, up 102% year-on-year and 36% quarter-on-quarter.
Q1 FY27 operating revenue was ₹785 crore, up 188% year-on-year and 10% quarter-on-quarter.
Q1 FY27 EBITDA was ₹193.4 crore, up 289% year-on-year from ₹49.7 crore.
The company achieved $14-15 million in cost synergies from acquisitions, exceeding the guided $12 million.
APAC booking numbers rose around 200%.
Gross margins were about 70% across product lines.

The strong results follow RateGain's acquisition of US-based Sojern for $250 million in November 2025.
Customer base expanded to 14,158 after the Sojern acquisition.
North America contributed 66.2% of revenue, Europe 20.5%, Asia-Pacific 10.8%, and rest of world 2.5%.
Top 10 customers accounted for 17.6% of quarterly revenue.
The stock gained more than 93% over the past year, with a market cap of ₹10,843 crore.

RateGain operates three segments: DaaS (data as a service), distribution, and MarTech (marketing technology).
Segment revenue growth: DaaS 22.7%, distribution 3.1%, MarTech 341.2%.
The company provides technology solutions to travel companies including hotels, airlines, and online travel agencies.
RateGain serves over 14,000 customers globally, with a strong presence in North America and Europe.