RDZN Chart
About

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 xClaim 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; and Good Driving which insurers and fleets to recognize and train drivers and build usage-based insurance programs. 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.

Fundamentals
Scroll to Statements
Sector Technology Industry Software - Application Market Cap 104.40M
Enterprise Value 131.22M Income -15.40M Sales 50.30M
Book/sh -0.34 Cash/sh 0.07 Dividend Yield —
Payout 0.00% Employees 294 IPO —
P/E — Forward P/E -26.20 PEG —
P/S 2.08 P/B -3.91 P/C —
EV/EBITDA -13.54 EV/Sales 2.61 Quick Ratio 0.30
Current Ratio 0.54 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.18 EPS next Y -0.05 EPS Growth —
Revenue Growth 18.80% Earnings 2026-02-12 16:00 ROA -19.40%
ROE — ROIC — Gross Margin 60.93%
Oper. Margin -16.46% Profit Margin -30.61% Shs Outstand 79.70M
Shs Float 36.58M Short Float 0.14% Short Ratio 0.21
Short Interest — 52W High 2.56 52W Low 0.68
Beta 0.41 Avg Volume 207.24K Volume 41.06K
Target Price $5.00 Recom Strong_buy Prev Close $1.28
Price $1.31 Change 2.34%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.00
Mean price target
2. Current target
$1.31
Latest analyst target
3. DCF / Fair value
$-4.10
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.31
Low
$5.00
High
$5.00
Mean
$5.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-11-15 main Maxim Group Buy → Buy $4
2024-10-28 init ThinkEquity — → Buy $6
2024-05-23 init Maxim Group — → Buy $10
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 10000 17100 — Purchase at price 1.71 per share. MALHOTRA ROHAN Chief Executive Officer — 2025-12-04 00:00:00 D
1 12000 17160 — Purchase at price 1.43 per share. MALHOTRA ROHAN Chief Executive Officer — 2025-11-21 00:00:00 D
2 2300 2507 — Purchase at price 1.09 per share. MALHOTRA ROHAN Chief Executive Officer — 2025-03-12 00:00:00 D
3 18750 19915 — Purchase at price 1.06 - 1.08 per share. MALHOTRA ROHAN Officer, Director and Beneficial Owner — 2025-03-07 00:00:00 D
4 6000 6180 — Purchase at price 1.03 per share. VEDBRAT SUPURNA Director — 2025-02-27 00:00:00 D
5 5945 7253 — Purchase at price 1.22 per share. MALHOTRA ROHAN Chief Executive Officer — 2025-02-19 00:00:00 D
6 932 957 — Purchase at price 1.01 - 1.03 per share. MALHOTRA ROHAN Officer, Director and Beneficial Owner — 2024-11-29 00:00:00 D
7 6750 5648 — Purchase at price 0.82 - 0.85 per share. MALHOTRA ROHAN Chief Executive Officer — 2024-11-22 00:00:00 D
8 450 368 — Purchase at price 0.81 - 0.83 per share. MALHOTRA ROHAN Chief Executive Officer — 2024-11-20 00:00:00 D
9 1910 2848 — Purchase at price 1.47 - 1.60 per share. MALHOTRA ROHAN Officer, Director and Beneficial Owner — 2024-09-12 00:00:00 D
Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems-3.22K-4.15K-5.79K-712.52K
TaxRateForCalcs0.000.000.000.21
NormalizedEBITDA-51.72M-74.63M-9.91M-1.48M
TotalUnusualItems-16.09M-20.77M-1.93M-3.39M
TotalUnusualItemsExcludingGoodwill-16.09M-20.77M-1.93M-3.39M
NetIncomeFromContinuingOperationNetMinorityInterest-72.87M-99.67M-14.02M-9.74M
ReconciledDepreciation2.02M2.19M1.62M1.37M
ReconciledCostOfRevenue18.83M18.13M5.41M4.81M
EBITDA-67.81M-95.41M-11.84M-4.87M
EBIT-69.83M-97.59M-13.47M-6.24M
NetInterestIncome-3.25M-2.29M-776.02K-44.93K
InterestExpense3.25M2.29M776.02K44.93K
NormalizedIncome-56.78M-78.90M-12.10M-7.06M
NetIncomeFromContinuingAndDiscontinuedOperation-72.87M-99.67M-14.02M-9.74M
TotalExpenses105.11M124.38M25.09M16.23M
TotalOperatingIncomeAsReported-60.81M-77.66M-11.53M-6.24M
DilutedAverageShares69.87M44.03M68.44M68.44M
BasicAverageShares69.87M44.03M68.44M68.44M
DilutedEPS-1.04-2.26-0.20-0.14
BasicEPS-1.04-2.26-0.20-0.14
DilutedNIAvailtoComStockholders-72.87M-99.67M-14.02M-9.74M
NetIncomeCommonStockholders-72.87M-99.67M-14.02M-9.74M
NetIncome-72.87M-99.67M-14.02M-9.74M
MinorityInterests192.88K189.74K176.88K64.75K
NetIncomeIncludingNoncontrollingInterests-73.06M-99.86M-14.20M-9.81M
NetIncomeContinuousOperations-73.06M-99.86M-14.20M-9.81M
TaxProvision-13.97K-23.65K-42.27K24.96K
PretaxIncome-73.08M-99.88M-14.24M-9.78M
OtherIncomeExpense-9.02M-19.93M-1.94M-3.50M
OtherNonOperatingIncomeExpenses7.07M838.73K-6.36K-104.83K
SpecialIncomeCharges-1.25M-1.30M-919.52K0.00
GainOnSaleOfBusiness0.002.10M0.00
WriteOff1.25M3.40M0.00
ImpairmentOfCapitalAssets0.00919.52K0.00
GainOnSaleOfSecurity-14.84M-19.48M-1.01M-3.39M
NetNonOperatingInterestIncomeExpense-3.25M-2.29M-776.02K-44.93K
TotalOtherFinanceCost776.02K44.93K6.20K
InterestExpenseNonOperating3.25M2.29M776.02K44.93K
OperatingIncome-60.81M-77.66M-11.53M-6.24M
OperatingExpense86.28M106.25M19.68M11.42M
DepreciationAmortizationDepletionIncomeStatement2.02M2.19M1.62M1.37M
DepreciationAndAmortizationInIncomeStatement2.02M2.19M1.62M1.37M
DepreciationIncomeStatement1.37M1.15M
ResearchAndDevelopment3.78M4.97M2.67M1.31M
SellingGeneralAndAdministration80.48M99.09M15.38M8.74M
SellingAndMarketingExpense28.87M33.20M10.74M7.12M
GeneralAndAdministrativeExpense51.60M65.90M4.65M1.62M
OtherGandA51.60M65.90M4.65M1.62M
GrossProfit25.46M28.59M8.15M5.18M
CostOfRevenue18.83M18.13M5.41M4.81M
TotalRevenue44.30M46.72M13.56M9.99M
OperatingRevenue44.30M46.72M13.56M9.99M
Line Item2025-03-312024-03-312023-03-312022-03-31
OrdinarySharesNumber74.29M68.44M68.44M68.44M
ShareIssued74.29M68.44M68.44M68.44M
NetDebt18.07M8.27M7.79M22.81M
TotalDebt23.86M20.08M8.95M23.72M
TangibleBookValue-28.38M-15.12M-54.31M-42.36M
InvestedCapital-2.16M9.38M-42.46M-13.16M
WorkingCapital-29.98M-15.81M-11.31M-899.98K
NetTangibleAssets-28.38M-15.12M-54.31M-42.36M
CapitalLeaseObligations947.32K627.66K569.00K0.00
CommonStockEquity-25.07M-10.07M-50.85M-36.88M
TotalCapitalization-24.93M-8.60M-50.19M-13.75M
TotalEquityGrossMinorityInterest-25.69M-10.50M-51.08M-36.95M
MinorityInterest-616.88K-426.03K-237.69K-73.98K
StockholdersEquity-25.07M-10.07M-50.85M-36.88M
OtherEquityInterest103.72M56.56M366.79K
GainsLossesNotAffectingRetainedEarnings-468.86K-600.50K-66.90K-124.04K
OtherEquityAdjustments-468.86K-600.50K-66.90K-124.04K
RetainedEarnings-223.83M-151.01M-51.45M-37.06M
AdditionalPaidInCapital366.79K0.00
CapitalStock95.50M84.97M303.21K303.21K
CommonStock95.50M84.97M303.21K303.21K
PreferredStock0.000.000.00
TotalLiabilitiesNetMinorityInterest58.27M68.64M66.26M52.83M
TotalNonCurrentLiabilitiesNetMinorityInterest1.33M2.98M49.58M47.11M
OtherNonCurrentLiabilities294.30K
PreferredSecuritiesOutsideStockEquity0.0048.27M23.70M12.23M
EmployeeBenefits269.77K250.40K294.30K159.04K
NonCurrentPensionAndOtherPostretirementBenefitPlans269.77K250.40K294.30K159.04K
NonCurrentDeferredLiabilities296.88K991.52K0.00117.73K
NonCurrentDeferredRevenue255.20K727.85K
NonCurrentDeferredTaxesLiabilities41.69K263.67K0.00117.73K
LongTermDebtAndCapitalLeaseObligation768.17K1.74M1.01M23.13M
LongTermCapitalLeaseObligation628.40K268.86K360.31K0.00
LongTermDebt139.78K1.47M653.27K23.13M
LongTermProvisions10.08K8.13K
CurrentLiabilities56.94M65.65M16.68M5.72M
OtherCurrentLiabilities2.03M6.84M1.42M727.51K
CurrentDeferredLiabilities980.48K1.10M243.72K429.89K
CurrentDeferredRevenue980.48K1.10M160.67K292.03K
CurrentDeferredTaxesLiabilities0.0083.05K137.86K54.16K
CurrentDebtAndCapitalLeaseObligation23.09M18.34M7.94M595.02K
CurrentCapitalLeaseObligation318.92K358.80K208.70K0.00
CurrentDebt22.77M17.98M7.73M595.02K
OtherCurrentBorrowings22.51M17.20M7.64M487.50K
LineOfCredit263.85K781.46K84.59K107.53K
PensionandOtherPostRetirementBenefitPlansCurrent25.46K14.13K3.01K4.71K
PayablesAndAccruedExpenses30.82M39.36M7.08M3.96M
CurrentAccruedExpenses8.60M5.92M3.58M1.11M
Payables22.22M33.44M3.51M2.85M
OtherPayable4.73M10.64M839.41K1.31M
DuetoRelatedPartiesCurrent860.89K656.89K3.76K
AccountsPayable17.48M22.80M2.01M1.53M
TotalAssets32.58M58.14M15.18M15.87M
TotalNonCurrentAssets5.62M8.29M9.81M11.06M
OtherNonCurrentAssets217.06K378.99K542.49K172.78K
NonCurrentPrepaidAssets115.97K47.36K25.89K254.87K
NonCurrentDeferredAssets0.0022.05K82.34K70.10K
NonCurrentDeferredTaxesAssets0.0022.05K82.34K70.10K
NonCurrentAccountsReceivable5.00K2.50K9.25K14.62K
InvestmentsAndAdvances269.47K1.51M4.91M4.91M
InvestmentinFinancialAssets269.47K1.51M4.91M4.91M
AvailableForSaleSecurities269.47K1.51M4.91M4.91M
LongTermEquityInvestment4.91M4.91M4.91M
InvestmentsinJointVenturesatCost4.91M4.91M4.91M
GoodwillAndOtherIntangibleAssets3.30M5.05M3.47M5.48M
OtherIntangibleAssets1.24M2.99M2.47M3.75M
Goodwill2.06M2.06M996.44K1.73M
NetPPE1.71M1.28M778.48K158.99K
AccumulatedDepreciation-660.64K-853.52K-388.49K-402.42K
GrossPPE2.37M2.13M1.17M561.41K
Leases31.19K31.74K21.38K23.19K
OtherProperties1.14M853.30K552.30K6.84K
MachineryFurnitureEquipment1.20M1.25M593.29K531.38K
Properties0.000.000.000.00
CurrentAssets26.95M49.84M5.37M4.82M
HedgingAssetsCurrent8.63M28.78M0.00
PrepaidAssets4.26M3.81M2.19M1.78M
Inventory202.53K70.67K59.90K55.21K
Receivables8.83M5.48M2.53M2.07M
OtherReceivables6.20M1.83M995.31K1.39M
AccountsReceivable2.63M3.65M1.54M674.15K
AllowanceForDoubtfulAccountsReceivable-591.33K-345.21K-13.73K-14.88K
GrossAccountsReceivable3.22M4.00M1.55M689.03K
CashCashEquivalentsAndShortTermInvestments5.03M11.69M589.34K913.64K
OtherShortTermInvestments197.81K507.09K0.00
CashAndCashEquivalents4.84M11.19M589.34K913.64K
CashFinancial4.84M11.19M589.34K
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow-18.57M-19.67M-8.39M-5.15M
RepaymentOfDebt-11.68K-612.64K-40.44K0.00
IssuanceOfDebt2.44M4.11M71.17K0.00
IssuanceOfCapitalStock7.07M6.08M458.00K0.00
CapitalExpenditure-424.91K-455.92K-842.04K-1.08M
InterestPaidSupplementalData1.32M623.52K457.18K16.82K
IncomeTaxPaidSupplementalData0.00141.23K65.83K27.28K
EndCashPosition5.05M11.57M1.13M1.09M
OtherCashAdjustmentOutsideChangeinCash0.0011.24M0.00703.10K
BeginningCashPosition11.57M1.13M1.09M4.75M
EffectOfExchangeRateChanges3.17K-244.44K72.75K-2.81K
ChangesInCash-6.51M-560.91K-27.34K-4.37M
FinancingCashFlow11.74M25.36M8.36M851.94K
CashFlowFromContinuingFinancingActivities11.74M25.36M8.36M851.94K
NetOtherFinancingCharges1.00M3.82M
ProceedsFromStockOptionExercised0.0010.00K544.17K0.00
NetPreferredStockIssuance0.006.08M458.00K0.00
PreferredStockIssuance0.006.08M458.00K0.00
NetCommonStockIssuance7.07M0.00
CommonStockIssuance7.07M0.00
NetIssuancePaymentsOfDebt3.67M15.47M7.89M307.77K
NetShortTermDebtIssuance13.04M4.40M277.04K-24.19K
NetLongTermDebtIssuance3.67M15.47M3.49M30.73K
LongTermDebtPayments-11.68K-612.64K-40.44K0.00
LongTermDebtIssuance2.44M4.11M71.17K0.00
InvestingCashFlow-115.62K-6.71M-841.36K-1.15M
CashFlowFromContinuingInvestingActivities-115.62K-6.71M-841.36K-1.15M
NetInvestmentPurchaseAndSale309.29K-500.00K0.00
SaleOfInvestment309.29K0.00
PurchaseOfInvestment0.00-500.00K0.00
NetBusinessPurchaseAndSale0.00-5.75M0.00-72.09K
PurchaseOfBusiness0.00-5.75M0.00-72.09K
NetPPEPurchaseAndSale-424.91K-455.92K-841.36K-1.08M
SaleOfPPE0.00686.00782.003.00K
PurchaseOfPPE-424.91K-455.92K-842.04K-1.08M
OperatingCashFlow-18.14M-19.22M-7.55M-4.07M
CashFlowFromContinuingOperatingActivities-18.14M-19.22M-7.55M-4.07M
ChangeInWorkingCapital-2.44M-3.19M3.23M586.67K
ChangeInOtherWorkingCapital-64.24K-55.77K86.90K24.95K
ChangeInOtherCurrentLiabilities-1.10M-674.09K571.52K113.27K
ChangeInPayablesAndAccruedExpense2.83M19.34M4.19M2.00M
ChangeInPrepaidAssets-4.82M-27.65M-529.69K-1.24M
ChangeInInventory-131.87K-11.69K-9.35K-55.99K
ChangeInReceivables780.88K5.87M-943.47K-318.88K
ChangesInAccountReceivables780.88K5.87M-943.47K-318.88K
StockBasedCompensation47.21M56.30M0.00
UnrealizedGainLossOnInvestmentSecurities14.84M19.47M1.01M3.39M
ProvisionandWriteOffofAssets246.12K5.17M-9.68K265.03K
AssetImpairmentCharge-6.90M3.34M926.68K139.79K
DeferredTax-193.26K-86.02K-131.38K-37.09K
DeferredIncomeTax-193.26K-86.02K-131.38K-37.09K
DepreciationAmortizationDepletion2.02M2.19M1.62M1.37M
DepreciationAndAmortization2.02M2.19M1.62M1.37M
Depreciation1.62M1.37M1.15M
OperatingGainsLosses132.12K-2.56M8.56K23.00K
NetForeignCurrencyExchangeGainLoss132.12K-459.19K9.18K23.17K
GainLossOnSaleOfPPE0.00-625.00-173.00-925.00
GainLossOnSaleOfBusiness0.00-2.10M0.00
NetIncomeFromContinuingOperations-73.06M-99.86M-14.20M-9.81M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RDZN
Date User Asset Broker Type Position Size Entry Price Patterns