RateGain Travel Technologies Limited (NSE:RATEGAIN)

NSE:RATEGAIN Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	2,661	1,944	2,089	1,454	684.01	84.19
Depreciation & Amortization	1,091	503.39	170.48	170.61	156.16	135.01
Other Amortization	303.74	303.74	178.84	239.81	201.98	175.06
Loss (Gain) From Sale of Assets	0.01	0.04	0.02	-0.29	-0.98	0.02
Asset Writedown & Restructuring Costs	0.81	0.76	-	-	-	12.9
Loss (Gain) From Sale of Investments	-18.01	-27.84	-14.02	-2.21	-10.38	-36.43
Stock-Based Compensation	368.39	149.5	76.98	51.37	46.94	71.28
Provision & Write-off of Bad Debts	133.38	91.79	100.31	112.15	110.24	79.32
Other Operating Activities	731.37	-50.63	-1,029	-132.86	-336.4	-11.14
Change in Accounts Receivable	-673.26	-536.63	-112.4	-519.06	-265.49	-276.6
Change in Accounts Payable	-95.51	240.15	159.47	-28.96	-106.9	-58.52
Change in Other Net Operating Assets	198.54	-281.05	-419.75	173.61	40	-7.04
Operating Cash Flow	4,701	2,337	1,200	1,518	519.18	168.05
Operating Cash Flow Growth	285.00%	94.80%	-20.97%	192.40%	208.94%	-18.40%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-57.67	-41.47	-64.86	-37.27	-44.22	-35.96
Sale of Property, Plant & Equipment	1.01	0.23	0.41	0.96	2.33	1.28
Cash Acquisitions	-22,171	-22,171	-	-172.74	-1,367	-565.35
Investment in Securities	9,262	8,971	-1,040	-5,731	1,353	-2,394
Other Investing Activities	245.56	426.06	650.23	260.32	181.21	-1.99
Investing Cash Flow	-12,720	-12,815	-453.85	-5,679	125.81	-2,951

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	11,070	-	-	-	-
Long-Term Debt Repaid	-	-2,337	-23.33	-23.1	-24.4	-1,141
Lease Payments	-89.53	-58.69	-23.33	-23.1	-24.4	-15.39
Net Debt Issued (Repaid)	6,586	8,732	-23.33	-23.1	-24.4	-1,141
Issuance of Common Stock	2.03	1.67	18.48	6,017	21.73	3,782
Repurchase of Common Stock	-	-	-	-50	-	-
Other Financing Activities	-677.7	-374.85	-12.57	-129.69	-14.34	-241.42
Financing Cash Flow	5,910	8,359	-17.42	5,814	-17.01	2,399

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	104.04	238.48	70.06	23.24	30.34	-1.08
Miscellaneous Cash Flow Adjustments	138.32	138.32	-	-	-	188.78
Net Cash Flow	-1,866	-1,742	798.53	1,676	658.32	-196.58

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	4,643	2,296	1,135	1,481	474.96	132.09
Free Cash Flow Growth	303.21%	102.28%	-23.36%	211.78%	259.57%	-33.50%
Free Cash Flow Margin	16.67%	12.59%	10.54%	15.47%	8.40%	3.58%
Free Cash Flow Per Share	39.21	19.40	9.62	13.08	4.37	1.31
Levered Free Cash Flow	1,327	-199.83	937.11	1,246	831.94	253.58
Unlevered Free Cash Flow	1,724	-2.96	945.04	1,255	841.38	286.29
Free Cash Flow After Leases	4,554	2,237	1,112	1,458	450.56	116.7

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	677.7	374.85	12.57	13.47	14.34	64.08
Cash Income Tax Paid	769.71	537.94	919.97	156.12	117.53	33.38
Change in Working Capital	-570.23	-577.53	-372.68	-374.41	-332.39	-342.16

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

Data Sources Report a data error