Route Cell Ltd. – CPaaS Participant
Route Cell Ltd (Route), integrated in 2004, is a Mumbai headquartered main Cloud–communication platform supplier, catering to enterprises, over-the-top (OTT) gamers and Cell community operators. Route is likely one of the most distinguished and largest CPaaS (cloud communication platform as a service) gamers on the earth, particularly in Asia, Africa & the Center East. Route has ~700+workers 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+ energetic month-to-month billable purchasers. Route Cell is headquartered in Mumbai, India with a world presence within the Asia Pacific, Center East, Africa, Europe, and the Americas.
Valuation
Route Cell’s skilled promoters and administration crew, lengthy observe report of operation, established market place in Software to Individual (A2P) messaging phase and tie up with telecom gamers working in India gives sturdy incomes visibility going ahead. Firm’s sturdy capital construction with strong debt protection indicators and powerful liquidity place brings optimistic 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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