Roadzen Inc.
RDZN, RDZNW · Insurance Agents, Brokers & Service · 79.7M shares · +167%/yr ↑ shares · EDGAR filings ↗
Reference price $1.37 · est. market cap ~$109M — last insider purchase, 2026-03-02 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
F35Roadzen — distressed AI-insurtech micro with weak liquidity.
Strengths
- AI-telematics/claims-automation technology
Risks
- Operating margin -137%; current ratio 0.47
- Going-concern risk; sub-scale
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Negative equityNegative book equity (debt/equity -0.01)
- Net lossNet loss (net margin -164.5%)
- Weak liquidityCurrent ratio 0.47 (<1)
- Chronic dilutionShare count +167%/yr over 1y (dilution)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
57.5%
Operating margin
-137.3%
Net margin
-164.5%
Return on equity
290.6%
Return on assets
-223.7%
Revenue growth (QoQ)
4.9%
Debt / equity
-0.0×
Current ratio
0.5×
EBITDA
-$59M
Tangible book value
-$28M
Cash & investments
$5M
Stock comp / revenue
106.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-02 | Malhotra Rohan | Buy | 19K | $1.37 |
| 2026-02-02 | Carlson Steven J. | Other | 463K | — |
| 2025-12-04 | Malhotra Rohan | Buy | 10K | $1.71 |
| 2025-11-21 | Malhotra Rohan | Buy | 12K | $1.43 |
| 2025-03-12 | Malhotra Rohan | Buy | 2.3K | $1.09 |
| 2025-03-07 | Malhotra Rohan | Buy | 2.0K | $1.08 |
| 2025-03-06 | Malhotra Rohan | Buy | 17K | $1.06 |
| 2025-02-27 | VedBrat Supurna | Buy | 6.0K | $1.03 |
| 2025-02-19 | Malhotra Rohan | Buy | 5.9K | $1.22 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-22 | Material agreementExhibits | filing ↗ |
| 2026-05-07 | Reg FDExhibits | filing ↗ |
| 2026-05-05 | Material agreementOtherExhibits | filing ↗ |
| 2026-04-28 | Reg FDExhibits | filing ↗ |
| 2026-04-10 | Reg FD | filing ↗ |
| 2026-04-01 | Shareholder voteExhibits | filing ↗ |
| 2026-03-11 | Exec/director changeExhibits | filing ↗ |
| 2026-02-26 | Material agreementExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-22 | 2026-05-22 | 0001493152-26-025079 ↗ |
| 8-K | 2026-05-07 | 2026-05-06 | 0001493152-26-021640 ↗ |
| 8-K | 2026-05-05 | 2026-05-04 | 0001493152-26-021341 ↗ |
| 8-K | 2026-04-28 | 2026-04-27 | 0001493152-26-019249 ↗ |
| 8-K | 2026-04-10 | 2026-04-07 | 0001493152-26-016052 ↗ |
| 8-K | 2026-04-01 | 2026-03-31 | 0001493152-26-014531 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0001493152-26-009704 ↗ |
| 8-K | 2026-02-26 | 2026-02-25 | 0001493152-26-008128 ↗ |
| 8-K | 2026-02-13 | 2026-02-12 | 0001493152-26-006696 ↗ |
| 10-Q | 2026-02-12 | 2025-12-31 | 0001493152-26-006450 ↗ |
| 8-K | 2026-01-20 | 2026-01-19 | 0001493152-26-002775 ↗ |
| 8-K | 2025-11-20 | 2025-11-20 | 0001493152-25-024501 ↗ |