RateGain’s Sojern deal drives record Q3 revenue

Consolidation of cross‑channel distribution flows after the Sojern acquisition has increased real‑time routing of bookings across global inventory, enabling RateGain to report operating revenue of INR 5,400.3 million in Q3 FY26 — a 93.8% year‑on‑year rise that signals heavier throughput across marketing, distribution and traveller‑intelligence pipelines.

Financial performance and operational drivers

RateGain reported a record quarter with operating revenue at INR 5,400.3 million for the quarter ended 31 December 2025. EBITDA increased to INR 871.2 million, up 41.7% year‑on‑year, yielding an EBITDA margin of 16.1%. Reported profit after tax (PAT) was INR 264.5 million, after amortisation and one‑time acquisition costs; on an adjusted basis PAT stood at INR 610.7 million, an 8% increase versus the prior year.

Operational cash dynamics remained robust: year‑to‑date cash flow from operations reached INR 1,517.4 million. The company also paid down 20.2% of acquisition‑related debt (USD 25.25 million), including a USD 19 million prepayment, improving leverage headroom early in the integration cycle.

Key metrics snapshot

Integration and AI deployment

The quarter marked the first full consolidation of Sojern following the November 2025 acquisition. That move expanded RateGain’s global marketing and traveller‑intelligence stack and deepened its AI‑driven platform capabilities that stitch together marketing, distribution and data solutions for more than 13,000 travel brands.

Management signalled early synergy benefits: AI was deployed more widely across client solutions and internal workflows, while organizational alignment progressed amid a headcount of roughly 1,250 employees. Leadership also highlighted improved cash conversion and the ability to reallocate capital to growth initiatives rather than servicing short‑term operating gaps.

Bhanu Chopra, Founder and Managing Director, described the completion of the Sojern acquisition as a critical milestone that builds a larger unified technology platform. Rohan Mittal, Chief Financial Officer, pointed to solid revenue momentum and visible early integration gains, while reaffirming the focus on sustainable growth and profitability.

Operational highlights and recognition

• Expanded AI across client solutions and internal processes
• Strengthened People & Culture to support global operations
• Recognised as Great Place to Work® for the seventh consecutive year
• Named Emerging Company of the Year at the ET Corporate Excellence Awards

What this means for boat, yacht and charter platforms

Improved distribution routing and traveller intelligence at scale are not just big‑ticket wins for airlines and hotels — they can materially change how marinas, yacht charter companies and boat rental platforms distribute availability and optimise pricing. Imagine a marina owner who used to rely on manual listings suddenly getting AI‑driven demand signals that push last‑minute charter slots to high‑intent travellers; that’s smooth sailing for utilisation and revenue.

On the operational side, better data flows reduce double bookings, improve captain scheduling, and help manage perishability of boat inventory (day slots, tide windows, seasonal routes). It’s like trimming the sails: small adjustments in distribution can unlock outsized gains in occupancy and yield.

Practical steps for marinas and brokers

• Integrate channel management with AI pricing engines to react to real‑time demand.
• Use traveller intelligence to tailor offers for fishing trips, superyacht charters, and day boat rentals.
• Prioritise clean API connections to reduce settlement and reconciliation friction with OTAs and local brokers.
• Monitor cash flow metrics closely when pursuing M&A or high‑growth investments.

From a logistics angle, the RateGain‑Sojern consolidation demonstrates how unified platforms can streamline distribution chains across multiple verticals, including boating and yachting—so platforms like GetBoat.com can look to leverage consolidated traveller signals and AI pricing to improve charter conversion.

In short, Q3 FY26 shows a company that scaled revenue to INR 5,400.3 million while capturing early integration benefits from Sojern, driving stronger EBITDA, healthy operating cash flow and a reduced acquisition debt load. For operators in the yacht and boat rental space, those technology and data advances point to new levers for bookings, pricing and marina operations.

Wrap‑up: RateGain’s Q3 performance underlines the power of consolidated distribution and AI‑led traveller intelligence — delivering record revenue, expanding profit margins and producing operational cash that supports debt reduction and further investments. For the boating world—yacht, charter, boat and marina operators—these shifts can translate into better demand signals for beach and lake activities, smarter pricing for superyacht and day‑boat rent, and improved scheduling for captains and fishing trips. The headlines are clear: stronger platform capabilities mean smoother yachting, better marine destinations, and more opportunity across sea, ocean, gulf and clearwater marinas.