RateGain Q2 FY27 Revenue Soars 153% YoY to ₹745 Cr; Adj. EBITDA Up 215%
RateGain reported Q2 FY27 revenue of ₹745.4 Cr, up 152.6% YoY. Adjusted EBITDA surged 215.4% to ₹169.1 Cr with margins at 22.7%. Adjusted PAT increased 78% to ₹90.8 Cr. For H1 FY27, revenue was ₹1,530.4 Cr (up 169.5% YoY) and Adjusted EBITDA was ₹362.5 Cr (up 250.9% YoY). Free cash flow was ₹282.3 Cr for H1 FY27.
The substantial increase in revenue and profitability, driven by strategic acquisitions and operational improvements, is expected to have a significant positive impact on the company's market position and investor confidence.
The company reported significant year-on-year growth in revenue, EBITDA, and PAT, along with margin expansion, indicating strong financial performance. The repayment of acquisition debt also contributes positively.
RateGain Travel Technologies Limited has announced its un-audited financial results for the quarter and half-year ended September 30, 2026. The company reported a significant operating revenue of ₹745.4 crore for Q2 FY27, marking a 152.6% increase year-on-year. Adjusted EBITDA grew by 215.4% to ₹169.1 crore, with margins improving to 22.7% from 18.2% in the same quarter last year. Adjusted Profit After Tax (PAT) stood at ₹90.8 crore, up 78% YoY. This strong performance is attributed to the integration of Sojern and operating leverage, with continued growth in MarTech and DaaS verticals. The Properties business grew over 20% YoY, driven by hotels focusing on direct bookings, while the Destinations business also saw over 20% YoY growth, supported by DMOs utilizing RateGain's intent data and measurement tools.
For the half-year ended September 30, 2026, operating revenue reached ₹1,530.4 crore, a 169.5% increase YoY, and Adjusted EBITDA grew by 250.9% to ₹362.5 crore. Free cash flow for H1 FY27 was ₹282.3 crore, representing a conversion of 87.0%. Net debt stood at ₹494.0 crore as of September 30, 2026. Following a payment on November 5, 2026, RateGain has repaid 43% of the loan taken for the Sojern acquisition.
Bhanu Chopra, Founder & Managing Director, expressed confidence in the company's ability to leverage data and AI to help customers navigate shifting demand, focusing on long-term growth through customer acquisition, platform deepening, and AI integration. Chetan Garg, CFO, highlighted the Q2 performance as a reflection of building a stronger, more profitable business, with confidence to accelerate investments in product innovation, AI, and market expansion.
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