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Roadzen vs Zhibao Technology

Roadzen is the larger business, with $55.0m of revenue in fiscal 2026 against $38.4m for Zhibao Technology (1.4 times as much). Zhibao Technology grew faster (51.0% against 24.2%). Zhibao Technology kept more of each dollar of sales as profit: a net margin of -22.4% against -40.9%.

Latest fiscal yearRoadzenRDZN, 2026Zhibao TechnologyZBAO, 2025
Revenue $55.0m $38.4m
Revenue growth 24.2% 51.0%
Net income −$22.5m −$8.6m
Operating margin — -19.3%
Net margin -40.9% -22.4%
Return on equity — -140.3%
Free cash flow −$21.3m −$2.9m
Cash $6.6m $1.4m
Total debt $33.3m $3.5m
Debt to equity — 102.5%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 458 —
Market value $87.6m $8.5m
Price vs our value range — —
Moat score — —
Insider trades, 12 months 3 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.