Route Mobile FY26 results: ₹11 dividend, FY27 guide

What Route Mobile reported and why it matters

Route Mobile Limited has reported its audited consolidated results for FY26, along with an operating outlook for FY27. The company said consolidated revenue from operations stood at ₹4,408.21 crore in FY26, while profit after tax (PAT) came in at ₹256.94 crore. The FY26 print was accompanied by a key milestone on profitability mix, with gross profit crossing ₹1,000 crore for the first time. The Board also recommended a final dividend of ₹2 per equity share, taking the total dividend for FY26 to ₹11 per share including interim payouts. Alongside the audited numbers, Route Mobile issued FY27 guidance that points to mid-to-high single digit revenue growth and an adjusted EBITDA margin of around 12%. For investors tracking CPaaS and enterprise communications, the combination of margin commentary, cash generation and dividend policy is likely to be as important as the headline revenue.

Board approvals, audit outcome, and regulatory context

The Board of Directors met on May 7, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The approvals were disclosed under Regulation 30 read with Schedule III and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Route Mobile said its statutory auditors, Walker Chandiok & Co LLP, issued an audit report with an unmodified opinion on both standalone and consolidated annual financial results. The company also flagged that multiple corporate actions were approved at the same meeting, including the final dividend recommendation. Separately, the company had noted that the trading window for designated employees was closed until 48 hours after the results announcement, in line with SEBI norms.

Consolidated FY26: revenue down, gross profit up

On a consolidated basis, FY26 revenue from operations was ₹4,408.21 crore, compared with ₹4,575.62 crore in FY25. Total income for FY26 was ₹4,462.30 crore versus ₹4,622.41 crore in FY25, supported by other income of ₹54.09 crore. Total expenses for FY26 were ₹3,973.39 crore, lower than ₹4,177.85 crore in FY25. Despite the decline in revenue, gross profit rose to ₹1,007.32 crore from ₹950.89 crore, and gross margin expanded to 22.9% from 20.8%. Adjusted EBITDA for FY26 was ₹525.91 crore compared with ₹523.93 crore in FY25, while adjusted EBITDA margin improved to 11.9% from 11.5%.

Q4 FY26 and the quarterly context

In Q4 FY26, consolidated revenue from operations was ₹1,130.90 crore, compared with ₹1,107.06 crore in Q3 FY26 and ₹1,175.00 crore in Q4 FY25. Q4 gross profit was ₹263.91 crore with a gross margin of 23.3%, versus ₹271.23 crore and 24.5% in Q3 FY26. Q4 adjusted EBITDA stood at ₹134.30 crore with an 11.9% margin, versus ₹142.92 crore and 12.9% in Q3 FY26. PAT for Q4 FY26 was ₹114.43 crore, compared with ₹102.56 crore in Q3 FY26 and ₹60.28 crore in Q4 FY25. Basic EPS for Q4 FY26 was ₹17.35.

Exceptional items and why PAT fell year-on-year

Route Mobile reported FY26 profit before exceptional items and tax at ₹488.91 crore, up from ₹444.56 crore in FY25. However, the company also reported exceptional items of ₹135.87 crore in FY26, compared with ₹18.45 crore in FY25. Profit before tax (PBT) fell to ₹353.04 crore from ₹426.11 crore, and PAT declined to ₹256.94 crore from ₹333.93 crore. The company attributed the decline in FY26 profit primarily to the exceptional items recorded during the year. Investors typically parse this split because it separates operating performance (before exceptional items) from one-offs that directly compress reported earnings.

Cash flow and comprehensive income

Route Mobile reported cash flow from operations of ₹581.16 crore for FY26. The company said this translated to 110.5% of adjusted EBITDA, indicating strong conversion in the period as reported. Total comprehensive income in FY26 was ₹428.12 crore, compared with ₹357.62 crore in FY25. For the year, diluted EPS was ₹37.94, down from ₹50.69 in FY25, consistent with the lower reported PAT.

Dividend: final ₹2, total ₹11 for FY26

The Board recommended a final dividend of ₹2 per equity share (face value ₹10 each) for FY26, subject to shareholder approval at the ensuing Annual General Meeting. Route Mobile also stated that the total dividend for FY26 aggregates to ₹11 per equity share. This total includes three interim dividends of ₹3 per share declared during the year, in addition to the proposed final dividend. Separately, the company’s FY27 guidance commentary included a stated gross dividend per share of ₹16.50.

FY27 guidance: growth and margin signals

Route Mobile issued FY27 guidance of mid-to-high single digit revenue growth. It also guided for an adjusted EBITDA margin of around 12%. In addition, it indicated a gross dividend per share of ₹16.50 as part of the guidance statement. While Route Mobile had earlier stated it decided to withhold specific financial guidance for the near future due to global uncertainties affecting enterprise and OTT communication spending, the FY27 guidance marks a clear forward view on growth and profitability metrics.

Standalone snapshot for FY26

On a standalone basis, revenue from operations in FY26 was ₹769.87 crore versus ₹832.21 crore in FY25. For Q4 FY26, standalone revenue from operations was ₹220.94 crore, compared with ₹185.94 crore in Q3 FY26 and ₹208.38 crore in Q4 FY25. Standalone other income in FY26 was ₹111.52 crore, with total income at ₹881.39 crore. Standalone total expenses in FY26 were ₹701.61 crore.

Key numbers at a glance

Market context mentioned by the company’s coverage

Ahead of the results, multiple brokerages had published preview estimates for Route Mobile’s Q4 FY26 performance. The consensus estimates cited in the coverage ranged between ₹700 crore to ₹760 crore for revenue and ₹95 crore to ₹112 crore for PAT for the quarter, with margin expectations of 14.5% to 16%. Separately, the stock was cited as trading at ₹1,480 as of April 2026, against a 52-week high of ₹2,350 and a 52-week low of ₹1,120. These points reflect the market focus on quarterly execution and margin profile within the cloud communications CPaaS segment.

Conclusion

Route Mobile closed FY26 with consolidated revenue of ₹4,408.21 crore and PAT of ₹256.94 crore, while delivering gross profit of ₹1,007.32 crore and a higher gross margin of 22.9%. Reported earnings were weighed by exceptional items of ₹135.87 crore, even as profit before exceptional items and tax improved year-on-year. The Board proposed a ₹2 final dividend, taking FY26 total dividend to ₹11 per share, and issued FY27 guidance for mid-to-high single digit revenue growth with around 12% adjusted EBITDA margin. The next investor focus is likely to remain on delivery against the FY27 operating guardrails and the dividend framework highlighted in the guidance.