RDZN · NASDAQ · Software - Application

Roadzen (RDZN)

Applies AI and vehicle data to insurance workflows.

$1.30
At close−0.09 (−6.47%)
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Roadzen, Inc.RDZNInformation Technology

Provides insurers, automakers, fleets, dealers, and agents with AI-enabled insurance and vehicle-data technology. It combines insurance distribution and claims processing with mobility data and repair execution.

Builds AI-enabled insurance workflows for insurers, automakers, fleets, dealers, and agents. Its platform combines telematics, computer vision, and machine learning with insurance distribution and claims technology.

Operations span North America, Europe, and Asia, supporting insurance products, sales, claims processing, and road safety. Recent acquisitions extend its commercial-auto distribution and vehicle-repair execution capabilities.

The Nasdaq-listed parent emerged from a 2023 SPAC combination, while the operating business was founded in 2015 and remains led by founder and CEO Rohan Malhotra. The business connects insurers' distribution and claims workflows with mobility data and repair execution.

Company facts

CEORohan Malhotra
ListedSep 21, 2023
ExchangeNASDAQ
HeadquartersBurlingame, CA
CountryIndia
Employees459
CIK0001868640
ISINVGG7606H1082

Market cap$109.9M
EPS (ttm)−$0.3590
P/E (ttm)−3.62
ROE96.8%
P/B−3.18
P/S1.82
Dividend yieldDiv yield
Beta1.70vs XLK −0.78

No analyst consensus on record.

Next report
Nov 13, 2026
estimated · in 71 days
EPS estimate
−$0.06
Revenue estimate
$17.0M
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Feb '25Aug '25Nov '25Feb '26Jun '26Aug '26Aug '26Nov '26
Reported−$0.04−$0.05−$0.03−$0.12−$0.09−$0.12−$0.03Pending
Estimate−$0.09−$0.04−$0.04−$0.03−$0.06−$0.06−$0.04−$0.06
Surprise+55.6%−25.0%+25.0%−300.0%−50.0%−100.0%+25.0%

RevenueReportedEstimate

Feb '25Aug '25Nov '25Feb '26Jun '26Aug '26Aug '26Nov '26
Reported$12.1M$10.9M$13.7M$14.4M$16.1M$16.2M$16.2MPending
Estimate$12.1M$11.4M$12.0M$16.1M$15.3M$16.1M$16.1M$17.0M
Surprise−0.1%−4.8%+14.0%−10.8%+5.4%+0.9%+0.9%
Estimate−$0.06
ReportedDue Nov 13, 2026
Estimate$17.0M
ReportedDue Nov 13, 2026
View details

Current ratio44.90%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$11.9M$12.1M$11.4M$10.9M$13.7M$14.4M$16.1M$16.2M
Net income−$21.8M−$2.5M−$135.7K−$4.0M−$2.1M−$9.1M−$7.3M−$9.8M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income−$23.5M−$3.2M−$3.7M−$2.5M−$3.3M−$2.4M−$5.8M−$1.5M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $6.2M · Total debt $34.7M · Total assets $47.7M · Shareholders' equity −$33.8M

Revenue
$16.2M
Operating income
−$1.5M
Net income
−$9.8M
View details

No dividends on record.

Institutions31 holders · as of Mar 31, 20262.62%2.23M shares
Insiders3 holders · as of Mar 3, 20261.56%1.33M shares
Strategic holders2 holders · as of Dec 31, 202426.21%22.33M shares
Otherremainder69.61%59.28M shares

85.17M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Avacara PTE, Ltd.Strategic10 percent owner
20.52%17.47MForm 4filed Dec 31, 2024
Vahanna LLCStrategic10 percent owner
5.70%4.85M13D/Gfiled Jul 11, 2024
Rohan MalhotraInsiderdirector, 10 percent owner, officer: See Remarks
1.00%849,642Form 4filed Mar 3, 2026
Meteora Capital, LLCInstitution
0.65%556,10113Fas of Mar 31, 2026
Steven J. CarlsonInsiderdirector
0.54%463,085Form 4filed Feb 19, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 2, 2026Rohan Malhotradirector, 10 percent owner, officer: See Remarks+19,085$1.37
Dec 4, 2025Rohan Malhotradirector, 10 percent owner, officer: See Remarks+10,000$1.71
Nov 21, 2025Rohan Malhotradirector, 10 percent owner, officer: See Remarks+12,000$1.43
View details

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Compare

CompanyPriceChange
Roadzen$1.30−6.47%$109.9M1.8+49.0%
Guidewire Software$194.70+0.91%$16.05B103.647.111.3+26.9%
Root$55.95+1.89%$769.3M16.321.30.5+1.7%
Lemonade$53.50+0.64%$4.08B4.4+79.4%
Median60.034.24.4+26.9%