R Systems International Ltd
R Systems is a leading provider of technology, artificial intelligence, analytics and knowledge services. It partners with customers to enable or elevate their digital transformation with diversified digital offerings including product engineering, cloud enablement, quality assurance testing and digital platforms and solutions. [1][2]
- Market Cap ₹ 4,845 Cr.
- Current Price ₹ 410
- High / Low ₹ 599 / 241
- Stock P/E 28.1
- Book Value ₹ 40.8
- Dividend Yield 1.66 %
- ROCE 43.1 %
- ROE 39.7 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 41.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.7%
- Company has been maintaining a healthy dividend payout of 57.6%
Cons
- Stock is trading at 10.0 times its book value
- Earnings include an other income of Rs.77.9 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
229 | 270 | 291 | 289 | 263 | 264 | 317 | 392 | 439 | 578 | 814 | 904 | 888 | |
196 | 214 | 235 | 236 | 211 | 235 | 278 | 334 | 353 | 470 | 663 | 724 | 721 | |
Operating Profit | 33 | 55 | 56 | 54 | 52 | 28 | 39 | 58 | 86 | 108 | 151 | 180 | 167 |
OPM % | 14% | 21% | 19% | 19% | 20% | 11% | 12% | 15% | 20% | 19% | 19% | 20% | 19% |
4 | 4 | 53 | 74 | 17 | 14 | 9 | 15 | 13 | 47 | 7 | 71 | 78 | |
Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 8 | 9 |
Depreciation | 6 | 5 | 7 | 10 | 7 | 7 | 7 | 9 | 13 | 15 | 20 | 24 | 24 |
Profit before tax | 31 | 54 | 101 | 118 | 61 | 34 | 41 | 63 | 82 | 136 | 134 | 218 | 211 |
Tax % | 33% | 32% | 26% | 23% | 33% | 33% | 24% | 18% | 15% | 15% | 16% | 20% | |
21 | 37 | 75 | 91 | 41 | 23 | 31 | 52 | 70 | 116 | 113 | 173 | 172 | |
EPS in Rs | 1.64 | 2.88 | 5.89 | 7.14 | 3.33 | 1.84 | 2.50 | 4.28 | 5.83 | 9.78 | 9.53 | 14.66 | 14.57 |
Dividend Payout % | 143% | 71% | 99% | 55% | 0% | 0% | 24% | 35% | 0% | 58% | 68% | 46% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 23% |
3 Years: | 27% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 41% |
3 Years: | 36% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 54% |
3 Years: | 46% |
1 Year: | 65% |
Return on Equity | |
---|---|
10 Years: | 25% |
5 Years: | 30% |
3 Years: | 35% |
Last Year: | 40% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 13 | 13 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 168 | 175 | 162 | 186 | 208 | 235 | 257 | 263 | 331 | 342 | 378 | 471 |
1 | 1 | 1 | 1 | 2 | 2 | 2 | 5 | 4 | 37 | 61 | 115 | |
59 | 66 | 118 | 50 | 49 | 60 | 65 | 85 | 117 | 84 | 113 | 208 | |
Total Liabilities | 240 | 255 | 294 | 250 | 272 | 309 | 337 | 364 | 464 | 475 | 564 | 806 |
29 | 33 | 35 | 24 | 28 | 29 | 27 | 37 | 75 | 78 | 111 | 95 | |
CWIP | 1 | 1 | 0 | 0 | 3 | 0 | 2 | 2 | 0 | 0 | 3 | 0 |
Investments | 77 | 80 | 74 | 128 | 119 | 117 | 119 | 134 | 115 | 117 | 117 | 373 |
133 | 140 | 184 | 98 | 123 | 163 | 189 | 192 | 274 | 280 | 333 | 339 | |
Total Assets | 240 | 255 | 294 | 250 | 272 | 309 | 337 | 364 | 464 | 475 | 564 | 806 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
37 | 21 | 55 | 25 | 33 | 30 | 23 | 51 | 79 | 58 | 87 | 177 | |
-12 | -3 | 39 | 39 | 12 | -35 | -19 | 10 | -51 | 42 | 11 | -208 | |
-26 | -22 | -53 | -113 | -19 | -1 | -9 | -46 | -1 | -109 | -78 | -32 | |
Net Cash Flow | -0 | -4 | 41 | -49 | 25 | -6 | -5 | 15 | 26 | -9 | 20 | -63 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 74 | 78 | 79 | 64 | 69 | 79 | 71 | 53 | 55 | 53 | 53 | 42 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 74 | 78 | 79 | 64 | 69 | 79 | 71 | 53 | 55 | 53 | 53 | 42 |
Working Capital Days | 9 | 23 | -41 | 26 | 36 | 32 | 77 | 35 | 75 | 69 | 57 | 2 |
ROCE % | 17% | 30% | 34% | 29% | 27% | 15% | 16% | 23% | 27% | 38% | 33% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 3h
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 6h
- Announcement under Regulation 30 (LODR)-Newspaper Publication 4 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3 May - Investor presentation and the audio recording of the Investors/ Analysts call held on May 03, 2024 are available on the website of R Systems International …
- PRESENTATION FOR INVESTOR(S)/ANALYST(S) CALL ON THE FINANCIAL RESULTS OF THE COMPANY FOR THE QUARTER ENDED MARCH 31, 2024 3 May
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Concalls
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May 2024Transcript PPT
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Mar 2023Transcript PPT
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Dec 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022Transcript PPT
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Mar 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Mar 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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May 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Mar 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
Offerings
Technology Offerings: It includes product engineering, cloud enablement, QA testing and digital platforms and solutions. This includes solution offerings i.e. Microsoft, Infor, JDA and QlikView etc.
AI/ Analytics services: It includes advanced analytics, machine learning / artificial intelligence, business analytics and automation.
Design Services: It includes UX engineering, visual design and mobile user experience.
Knowledge Services: It covers revenue cycle management, back office service, technical support and customer care using multilingual capabilities and global delivery platform. [1]