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Roadzen, Inc. RDZN TECHAI

Technology · Software - Application · United States
https://www.roadzen.ai
Company Profile ↓
$1.29
+11.21% 1Y
Mkt Cap$109.86M
P/E5.86
P/B-3.31
52W High$2.41
52W Low$0.83
Book Value$-0.37
EPS (TTM)$0.22

Company Overview

Roadzen, Inc. operates an Insurtech company in India, the United States, the United Kingdom, and Europe. The company offers underwriting solutions for cars, drivers and fleets, road safety using app-based, and computer vision-based telematics, such as accident prevention, distraction alerts, and driver coaching, as well as claims management comprising accident scene management, first notice of loss (FNOL), touchless video loss adjustment, and roadside assistance (RSA). Its Insurance as a Service (IaaS) platform product includes Via that is used to inspect a vehicle using computer vision; Global Distribution Network that enables the configuration, customer quote, payment, and administration of any insurance policy with any insurance carrier as the underwriter; and Claim which enables digital, touchless and real-time resolution of claims from FNOL through payment. It also provides StrandD for digital, real-time dispatch, and tracking for RSA and FNOL during accident claims; DrivebuddyAI that enables any vehicle to get advanced driver-assistance capabilities; MixtapeAI, a platform to power AI agents and transform customer interactions; Good Driving which insurers and fleets to recognize and train drivers and build usage-based insurance programs; and Autospace, a workshop management software platform. In addition, the company acts as an insurance brokers to sell insurance policies from any insurer and offer these products through multiple distribution channels. It serves insurers, automotive, insurance companies, reinsurers, agents, brokers, carmakers, dealerships, online-to-offline car sales platforms, fleets, taxicab companies, ridesharing platforms, and other distribution channels. The company was founded in 2015 and is based in Burlingame, California.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 75.9%, reflecting efficient use of shareholder capital.

Steady Revenue Expansion

Revenue has grown at a 59.5% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 5.9, below the sector median of 29.2.

Recent Developments

  • Mar 2026 Revenue of $55.02M (+24.2% YoY); net profit $-22.52M.
  • Trailing 12 Months Year-on-year growth — revenue +49.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR 59.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:59.50%
1 Year:49.00%

Stock Price Performance

1 Year:+11.21%
6 Months:+4.03%
3 Months:-25.00%
1 Month:-3.01%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 29% of range
$0.83 $2.41
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)40.58 · Neutral
Price Performance
1M-3.01%
3M-25.00%
6M+4.03%
1Y+11.21%
Valuation vs Sector

P/E of 5.86 is below the sector median of 29.22 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 75.9%.
  • Compounding revenue at 59.5% over 5 years.

CONS

  • Trading 46.5% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
5.86
Industry PE
29.22
Forward P/E
11.73
PEG Ratio
-
Book Value
$-0.37
Price to Book
-3.31
P/S
1.74
EV/EBITDA
-14.53
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
59.50%
Profit 5Y
-
Revenue (YoY)
49.00%
Earnings (YoY)
-

Profitability & Returns

ROCE
-
ROE
75.94%
ROA
-18.93%
Profit Margin
-46.90%
Op Margin
-4.59%
Gross Margin
60.68%
EPS (Latest Qtr)
$-0.09
EPS (TTM)
$0.22

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
0.35
Current Ratio
0.45
Debt
$34.70M
Total Assets
$52.66M
Current Assets
$32.26M
Working Capital
$-26.05M

Ownership

Promoter Holding
42.66%
Chg in Prom Hold
-0.30%
FII / Inst Holding
8.32%
Chg in FII Hold
0.02%

Financial Snapshot

Enterprise Value
$109.86M
Total Revenue (TTM)
$60.35M
EBITDA
$-9.37M
Free Cash Flow
$-4.17M
Operating Cash Flow
$-22.82M
Shares Outstanding
85.17M
Gross Margin
60.68%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 RDZN Roadzen, Inc. TECHAI 1.29 5.86 $109.86M 0.00% - 75.94% 59.50% -
2 NVDA NVIDIA Corporation NDXSPXR3KAITECH 225.73 28.50 $5.45T 0.46% 74.66% 117.21% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPXR3KTECH 316.22 36.22 $4.61T 0.34% 68.72% 148.75% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXR3KAITECH 493.95 27.49 $3.67T 0.79% 26.33% 34.04% 9.93% 11.90%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AITECH 439.00 32.71 $2.28T 0.95% 30.20% 39.97% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXR3KAITECH 368.56 46.95 $1.75T 0.71% 16.70% 44.25% 17.04% 54.08%
7 MU Micron Technology, Inc. NDXSPXR3KAITECH 1,000.26 22.59 $1.13T 0.05% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH 505.74 128.36 $825.61B 0.00% 5.47% 10.20% 11.81% 66.28%
9 ASML ASML Holding N.V. NDXAITECH 1,764.85 59.89 $677.88B 0.51% 42.97% 53.94% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Jun 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ---2.61M3.32M-5.61M15.47M15.64M8.93M11.87M-11.40M10.87M13.68M14.36M16.12M
Cost of Revenue ------------3.91M4.47M6.06M5.21M5.54M
Gross Profit ------------7.49M6.40M7.62M9.14M10.58M
Operating Expenses ------------11.20M8.92M10.96M11.51M16.36M
Operating Income ----2.65M-3.19M--3.89M-7.54M-31.32M-30.39M-23.54M--3.71M-2.52M-3.34M-2.36M-5.78M
EBITDA ------------1.63M-2.95M-2.59M-6.01M-4.37M
Interest Expense -----------1.09M713.99K941.32K-3.19M1.87M
Pretax Income -------------127.56K-4.02M-2.16M-9.51M-7.30M
Tax Provision ------------69.71K79.98K10.83K-23.63K-46.97K
Net Income -10.66K-162.88K-2.58M-7.43M477.43K90.97K-4.04M-31.08M-30.57M-48.41M-21.81M--135.68K-4.01M-2.11M-9.15M-7.25M
Diluted EPS ----0.450.03--6.73-1.40-0.45-0.71-0.32-0.04--0.05-0.03-0.12-0.09
R&D Expense ---638.45K519.93K-573.30K602.11K1.88M1.79M1.50M249.63K-81.53K148.53K293.96K-

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2022Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue --13.56M46.72M44.30M55.02M
Cost of Revenue --5.41M18.13M18.83M21.28M
Gross Profit --8.15M28.59M25.46M33.74M
Operating Expenses --19.68M106.25M86.28M47.74M
Operating Income ---11.53M-77.66M-60.81M-14.00M
EBITDA ---11.84M-95.41M-67.81M-13.50M
Interest Expense --776.02K2.29M3.25M7.25M
Pretax Income ---14.24M-99.88M-73.08M-23.00M
Tax Provision ---42.27K-23.65K-13.97K20.21K
Net Income -983.44K-14.02M-99.67M-72.87M-22.52M
Diluted EPS ---0.20-2.26-1.040.29
R&D Expense --2.67M4.97M3.78M408.36K

Balance Sheet (Annual)

Figures in USD.

Metric Apr 2021Dec 2021Mar 2022Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -205.39M-207.29M15.18M58.14M32.58M52.66M
Current Assets ----5.37M49.84M26.95M32.26M
Cash & Equivalents ----589.34K11.19M4.84M6.58M
Inventory ----59.90K70.67K202.53K116.56K
Receivables ----1.54M3.65M2.63M7.50M
Total Liabilities -7.03M-7.96M66.26M68.64M58.27M79.18M
Current Liabilities -508.04K-1.43M16.68M65.65M56.94M58.30M
Long Term Debt ----653.27K1.47M139.78K15.61M
Total Debt ----8.95M20.08M23.86M34.31M
Total Equity 0-5.75M--7.76M-50.85M-10.07M-25.07M-29.65M
Shares Outstanding ----68.44M68.44M74.29M79.70M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2022Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow --1.19M-7.55M-19.22M-18.14M-20.27M
Investing Cash Flow ---841.36K-6.71M-115.62K-896.81K
Financing Cash Flow -304.73K8.36M25.36M11.74M21.44M
Capital Expenditure ---842.04K-455.92K-424.91K-1.01M
Free Cash Flow ---8.39M-19.67M-18.57M-21.28M
Net Change in Cash ---27.34K-560.91K-6.51M276.53K

Ratios (Annual)

Figures in %.

Metric Mar 2022Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % --60.1%61.2%57.5%61.3%
Operating Margin % ---85.0%-166.2%-137.3%-25.4%
Net Margin % ---103.4%-213.3%-164.5%-40.9%
ROE % --12.7%27.6%989.4%290.6%75.9%
ROCE % --768.4%1,033.2%249.7%247.9%

Shareholding Pattern

Insiders
42.66%
Institutions
8.32%
Public Float
14.51%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 2.72% 2.31M $2.85M
2 Geode Capital Management, LLC 0.79% 674.31K $829.40K
3 Citadel Advisors Llc 0.57% 482.85K $593.90K
4 UBS Group AG 0.38% 319.62K $393.13K
5 Vanguard Portfolio Management LLC 0.36% 306.29K $376.74K
6 Arete Wealth Advisors, LLC 0.30% 253.65K $311.99K
7 Northern Trust Corporation 0.29% 246.37K $303.03K
8 Meteora Capital, LLC 0.29% 250.00K $307.50K
9 Goldman Sachs Group Inc 0.28% 234.43K $288.34K
10 State Street Corporation 0.26% 224.90K $276.63K

Analyst View

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Latest News

Recent headlines for RDZN

Google News hu, 13 Aug 2026

Roadzen Inc. (RDZN) Stock Rises on Q1 2027 Earnings - Quiver Quantitative

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Google News hu, 25 Jun 2026

RDZN Forecast — Price Target — Prediction for 2027 - tradingview.com

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Google News Wed, 29 Apr 2026

Loss-Making Roadzen, Inc. (NASDAQ:RDZN) Expected To Breakeven In The Medium-Term - finance.yahoo.com

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Google News ue, 30 Jun 2026

Roadzen (RDZN) Stock Faces Wider EPS Loss As Growth Narrative Tested By Q4 Results - simplywall.st

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Google News Wed, 27 May 2026

RDZN - Finviz

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Google News Wed, 06 May 2026

India car repairs get a direct insurer-to-parts link in Roadzen deal - Stock Titan

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RDZN — Frequently Asked Questions

What is the current share price of Roadzen, Inc. (RDZN)?

As of 2026-09-19 21:16 PDT, Roadzen, Inc. (RDZN) trades at $1.29 on NasdaqGM. Its 52-week range is $0.83 to $2.41.

What is the market capitalisation of RDZN?

Roadzen, Inc. (RDZN) has a market capitalisation of $109.86M on NasdaqGM.

What is the P/E ratio of RDZN?

RDZN trades at a trailing price-to-earnings (P/E) ratio of 5.86. The industry average P/E is 29.22. Its price-to-book (P/B) ratio is -3.31.

What is the return on equity (ROE) of RDZN?

RDZN has a return on equity (ROE) of 75.94%.

Is RDZN a good stock to buy?

This page provides a data-driven analysis of Roadzen, Inc. (RDZN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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