Roadzen Inc.

RDZN Technology Software Application

Roadzen Inc.’s revenue for fiscal 2026 (year ended March 2026) was $55.0 million, up 24.2% from fiscal 2025. In the quarter to June 2026, revenue grew 49.0%, EPS fell 140.0%, free cash flow fell 85.8% and total debt rose 39.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

1.03 0.00 0.00%
Market cap
$87.7M
P/E
0.0×
Fwd P/E
−28.5×
Dividend yield
—
F-score
5/9
Altman Z
−6.27
Beneish M
−0.61
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.06
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 1 — — 1 — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 28.35%

Capital & Financial Ratios $m

Market Cap 87.72
Revenue 60.35
Net Income (28.30)
Free Cash Flow (24.02)
Net Debt 26.76
Current Ratio 0.45 (below 1: weak)
Debt/Equity (1.08) (negative: negative equity)
P/E ratio 0.00
Fwd P/E (28.50) (negative: loss-making)
P/S ratio 1.41
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth 13.79%
Next Y EPS Growth 116.00% (at or above 15%: strong)
Next Y revenue growth 41.05% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 6.41%
10-year low 10-year high
EV/Sales against its own 10 years 8.12%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 12 5 7 6
Receivables 4 3 8 7
Inventory 0 0 0 0
Other — — — —
50 27 32 26
2024 2025 2026 Q'26
Payables 38 30 30 29
ST’ Debt 18 23 18 19
Other 9 4 10 10
66 57 58 59

Compound Annual Growth %

10y 5y 3y
Sales — — 59.50%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue $m

Jun Sep Dec Mar Year
’26 16 — — — —
’26 11 14 14 16 55
’25 9 12 12 11 44
’24 6 15 16 10 47
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 (5) — — — —
’26 (3) (6) (7) (4) (20)
’25 (6) (6) (3) (4) (18)
’24 (3) (12) 1 (5) (19)
’23 0 (5) (2) (1) (8)
’22 — — — — (1)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 (6) — — — —
’26 (3) (6) (8) (4) (21)
’25 (6) (6) (3) (4) (19)
’24 (3) (13) 0 (5) (20)
’23 0 (5) (2) (1) (8)
’22 — — — — (1)
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 (0.12) — — — —
’26 (0.05) (0.03) (0.12) (0.09) (0.29)
’25 (0.71) (0.32) (0.04) 0.02 (1.04)
’24 (6.71) (1.40) (0.45) (0.44) (2.26)
’23 0.00 (0.45) 0.02 (0.01) (0.86)
’22 — — (0.01) — 0.04
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low — — — — — 9.85 2.70 0.71 0.68 0.98

Analyst estimates 2027–2029

Powerpack
High — — — — — 10.49 17.00 7.17 2.99 2.51
People
People Employees — — — — — — — 379 308 459
Revenue/emp, $m — — — — — — 0.00 0.12 0.14 0.12
Income, $m
Income, $m Revenue — — — — — — 14 47 44 55
Gross margin, % — — — — — — 60.08 61.19 57.48 61.33
EBT — — — — 0 1 (14) (100) (73) (23)
EBT margin, % — — — — 0.00 0.00 (105.04) (213.77) (164.97) (41.80)
Net income 0 — — — 0 1 (14) (100) (73) (23)
Depreciation — — — — — — 2 2 2 2
Per share, $
Per share, $ Revenue — — — — 0.00 0.00 0.82 1.06 0.63 0.71
Earnings — — — — (0.01) 0.04 (0.86) (2.26) (1.04) (0.29)
Cash flow — — — — 0.00 (0.05) (0.46) (0.44) (0.26) (0.26)
Capex — — — — 0.00 0.00 (0.05) (0.01) (0.01) (0.01)
Free cash flow — — — — 0.00 (0.05) (0.51) (0.45) (0.27) (0.27)
Book value — — — — 7.93 7.97 (3.10) (0.24) (0.37) (0.34)
Shares, m — — — — 25 25 17 44 70 77
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 0.00
P/S — — — — — — 0.00 6.13 1.64 1.69
P/B — — — — — — 0.00 0.00 0.00 0.00
EV/Sales — — — — — — 0.00 6.29 2.04 2.17
EV/FCF — — — — — — (2,265.77) (14.94) (4.88) (5.61)
Cash, $m
Cash, $m Operating cash flow — — — — 0 (1) (8) (19) (18) (20)
Capex — — — — — — (1) 0 0 (1)
Free cash flow — — — — 0 (1) (8) (20) (19) (21)
Balance, $m
Balance, $m Working capital — — — — 1 (1) (11) (16) (30) (26)
Total debt — — — — — 0 8 19 23 33
Net debt — — — — (1) 0 8 8 18 26
Shareholders’ equity — — — — 198 199 (51) (10) (26) (27)
Returns, %
Returns, % ROA — — — — (0.21) 0.48 (12.61) (271.88) (160.66) (52.83)
ROIC — — — — 0.00 0.00 0.00 0.00 0.00 0.00
ROE — — — — 0.00 0.49 (18.92) 323.69 402.70 86.25
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Roadzen Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BVC BitVentures Limited $110.5M 6.6× 1.5× +95.82% (above 0%: growing) +76.47% (above 0%: growing) — 0.00% 0.00% Compare
SSTI SoundThinking, Inc. $110.2M — (loss-making) — (loss-making) −7.73% (below 0%: shrinking) n/m −204.69% (below 0%: shrinking) 48.29% (19.48%) Compare
RTB RTB Digital, Inc. $106.0M — (loss-making) 9.6× +350.29% (above 0%: growing) n/m −123.92% (below 0%: shrinking) 37.41% (383.63%) Compare
AIB AIB Data Centers Inc. $91.9M — (loss-making) — −38.55% (below 0%: shrinking) n/m −410.39% (below 0%: shrinking) (17.74%) (122.79%) Compare
AEYE Audioeye, Inc. $88.0M — (loss-making) — (loss-making) +8.71% (above 0%: growing) n/m −13.06% (below 0%: shrinking) 78.84% (5.58%) Compare
RDZN Roadzen Inc. $87.7M — (loss-making) — (loss-making) +49.04% (above 0%: growing) n/m −85.81% (below 0%: shrinking) 57.25% (9.53%)
NRDY Nerdy Inc. $86.5M — (loss-making) — (loss-making) −4.49% (below 0%: shrinking) n/m +23.48% (above 0%: growing) 64.73% (14.98%) Compare
NTWK NetSol Technologies Inc. $77.8M 19.7× — (loss-making) +12.54% (above 0%: growing) +74.86% (above 0%: growing) +134,644.57% (above 0%: growing) 63.60% 21.62% Compare
RSSS Research Solutions Inc. $68.2M 22.2× 20.5× −2.87% (below 0%: shrinking) −71.43% (below 0%: shrinking) −21.64% (below 0%: shrinking) 53.00% 6.97% Compare
Median of peers $90.0M 19.7× 9.6× +2.92% +74.86% −21.64% 50.65% (10.28%)

All 237 Software Application stocks →

Roadzen Inc. (RDZN) key facts

  • Strength: Roadzen Inc.’s revenue for fiscal 2026 (year ended March 2026) was $55.0 million, up 24.2% from fiscal 2025.
  • Roadzen Inc. (RDZN) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, RDZN traded at $1.03, a market capitalization of $87.7 million.
  • Return on equity was 86.3% and debt-to-equity -1.08.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −6.27 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Roadzen Inc. (RDZN) Latest News

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stockrow.com/RDZN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com