Route Cellular Ltd. – Fairness Analysis DeskInsights


Route Cellular Ltd. – CPaaS Participant

Route Cellular Ltd (Route), integrated in 2004, is a Mumbai headquartered main Cloud–communication platform supplier, catering to enterprises, over-the-top (OTT) gamers and Cellular community operators. Route is without doubt one of the most distinguished and largest CPaaS (cloud communication platform as a service) gamers on the planet, particularly in Asia, Africa & the Center East. Route has ~700+staff and has served greater than 30,000 purchasers, since inception. They’ve entry to 900+ networks throughout the globe, 265+ direct connections to Telecom operators and 2500+ lively month-to-month billable purchasers. Route Cellular is headquartered in Mumbai, India with a worldwide presence within the Asia Pacific, Center East, Africa, Europe, and the Americas.


Route Cellular’s skilled promoters and administration crew, lengthy observe report of operation, established market place in Software to Particular person (A2P) messaging phase and tie up with telecom gamers working in India supplies sturdy incomes visibility going ahead. Firm’s sturdy capital construction with strong debt protection indicators and powerful liquidity place brings constructive view on the inventory. Therefore, we suggest an ACCUMULATE score within the inventory with the goal worth (TP) of Rs.1595, 45x FY24E EPS.

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