Roadzen, Inc. (RDZN) Stock

Roadzen, Inc. (RDZN) is a Financials stock trading at $1.31 (as of 2026-09-02), with a market capitalization of $111.57M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Roadzen, Inc. operates an online roadside assistance service in India, connecting customers with towing and roadside repair providers through an on-demand network. Its offering supports insurers and automotive OEMs with real-time customer interactions and claims-related workflows, covering services such as towing, battery jumpstarts, flat tires, lockouts/lost keys, and fuel-related help.

Understand Roadzen, Inc.: how it makes money

RoadZen is an online marketplace that dispatches roadside assistance (towing, jumpstart, flat tire, locked doors) to stranded drivers across India, and charges insurers and auto OEMs a fee per completed service. Revenue splits between per-claim dispatch fees and an insurance brokerage arm, with an AI-powered claims-processing layer sold as infrastructure to underwriters.

Profit comes from the per-claim spread: what an insurer or OEM pays for a dispatched roadside job minus what the local towing or repair contractor charges, with a thin AI claims layer adding a software-style revenue line on top.

Business quality (Weak): Nominal revenue, a 57% gross margin that proves the unit model works, but an operating loss and deeply negative ROE mark this as an early-stage platform still spending heavily to build network scale in India.

Bull case

  • Gross margin proves dispatch economics: A 57% gross margin on a per-claim marketplace model means RoadZen keeps a meaningful spread between insurer payouts and contractor costs, a structural edge over asset-heavy roadside operators who own and maintain their own fleets.

Bear case

  • Operating loss obscures path to breakeven: With an operating margin of -10% on a still-nominal revenue base, RoadZen is spending more than it earns from operations, and the scale needed to close that gap in the Indian roadside-assistance market is not yet evident.
Valuation — source: SEC EDGAR (first-party)
Price$1.31
Market Cap$111.57M
Price / Sales2.16
FCF Yield-19.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$55.02M
Net Margin-40.9%
Revenue Growth (YoY)49.0%
EPS Growth (YoY)140.0%
FCF Growth (YoY)85.8%
Financial Health — source: SEC EDGAR
Altman Z-Score-6.13 (distress)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Financials)14.9
Industry P/E (Insurance)12.1
Company
SectorFinancials
IndustryInsurance
CEORohan Malhotra
Employees368
CountryIN
IPO Date2022-01-13

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RDZN earnings history · RDZN institutional & insider holders · RDZN KPIs & operating metrics · RDZN financials · RDZN investor presentations & press releases · RDZN SEC filings · RDZN peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.