RateGain Travel Technologies Ltd Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030

Rate Gain Travel Technologies Ltd Share Price Target/Prediction/Forecast 2022, 2023, 2024, 2025, And 2030: Hi Friends, how are you all. In today's article, we are going to consider about one of the brand shares which are going to list in the National Stock Market. It is an auspicious opportunity to take participate in this share. Also, the company is well maintained in the financial segment that is RateGain Travel Technologies Ltd. So, let us go ahead and know more about this company.

It is one of the best service providers in the hospitality and travel industry.  The RateGain Travel Technologies Ltd offers Hotels, Airlines, Online Travel Agents, Meta Search Companies, etc. It is a chain company where customers can get food as well as accommodation. It has a total valuable customer of around 1434. Its gross margin is 79.5% and recurring revenue is 95% to 97%.

RateGain Travel Technologies Ltd want to be the leading one of the best hospitality company in India. Its hotel's services are too good and many corporate, VIP guests approach their hospitality. The business provides inter-connected products to manage the event. Rate Gain Travel Technologies Ltd has been listed in the national stock market on date of December 17,2021 with a share price is Rs.340 per share.

According to the Profit and Loss, I am going to predict the share price target for the year of 2022. In the year 2019, the company has made net sales of around Rs.87.70 crore, in the same year of net profit of this company was Rs.10.36 crore. It is a positive sign to grow upside their business. In the next financial year 2020, RateGain has made net sales of around Rs.89.81 crore, in the same season of net profit of the company were Rs.6.34 crore.

It is a normal sale of this company for this season because in the corona pandemic hospitality sector has more destroyed. But right now all over the hospitality sector has come in well condition. So, we can say the first share price target of the year 2022 is about Rs.586. Its new vision is to spread all over the world so it is intrinsic to grow their sales so the second target is Rs.676.

When we go through the Balance Sheet Report Analysis in the financial year 2018, the current liabilities of the company were Rs.10.38 crore, and in the same year of current assets for the shares of RateGain was Rs.116.07 crore. The next season March 2019, RateGain has made a current liabilities of around Rs.33.56 crore, and if want to know the same season of the company investment which was Rs.71.15 crore. The company is financially strong so that's why we can observe the for the year of 2022 the first share price should be Rs.875, and the second share price target would be Rs.945.

In this section, I am going to predict the share price target of RateGain Travel Technologies Ltd with the help of Cash Flows. In the year of March 2018, it has made a profit from operations was around Rs.6.48 crores, for a similar season according to the updated data the net cash flow of the RateGain has made Rs.0.07 crores. According to all data the primary share price of RateGain for the year 2024, maybe Rs.1248. If the company delivers well profit growth in the upcoming year so the second share price can be Rs.1378. In another year March 2019, it has collected profit from operations was Rs.11.05 crores, and net cash flow was Rs.0.16. But the main thing is that the company is Virtually Debt Free.

According to the Fundamental Analysis, RateGain Travel Technologies Ltd has been made one of the leading companies in hospitality and travel. If we talk about the company services so it completely covers the hospitality industry. Whether the company services of Hotels related, Airlines, Online Travel Agents, etc each and every aspects the company provides their services. The major business units of the company are 3. So, the first service unit is Data As a Service, (II) Distribution, (III) Marketing Services. Its 3 units generate more than 75% revenue. On the basis of fundamental analysis if we try to predict the first share price in the year 2025 will be Rs.1642, and the second share price target shall be Rs.1868.

In this section, I am going to talk about the RateGain Strengths. It has a strong customer base with 1434 customers covering 8 global fortune 500 companies as per the data of June 30, 2021. It has also well-maintained financial performance along with an established track record of victorious acceleration post-acquisition. So, In the year 2030, the first share price target would be Rs.3522, and the second share price target should be Rs.3705. As per the update on August 31, 2021, the total assets of RateGain were Rs.8281.89 crores, the total revenue was Rs.1312.23 crores, and profit after tax was Rs.-83.37 crores, due to investment of the new goal.