R S Software (India) Ltd
Incorporated in 1987, R S Software (India)
Ltd provides development, testing and maintenance of software for its clients[1]
- Market Cap ₹ 84.3 Cr.
- Current Price ₹ 32.6
- High / Low ₹ 91.6 / 21.5
- Stock P/E
- Book Value ₹ 11.3
- Dividend Yield 0.77 %
- ROCE -52.4 %
- ROE -67.2 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 2.88 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.65% over past five years.
- Company has a low return on equity of -1.70% over last 3 years.
- Debtor days have increased from 73.7 to 123 days.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 376 | 190 | 76 | 63 | 65 | 60 | 35 | 28 | 30 | 60 | 57 | 25 | |
| 283 | 186 | 111 | 108 | 103 | 97 | 53 | 40 | 35 | 41 | 44 | 48 | |
| Operating Profit | 93 | 4 | -35 | -45 | -37 | -37 | -18 | -12 | -5 | 19 | 14 | -23 |
| OPM % | 25% | 2% | -46% | -71% | -57% | -61% | -50% | -44% | -16% | 32% | 24% | -90% |
| 12 | 15 | 12 | 9 | 6 | 12 | 2 | 4 | 1 | 4 | 1 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 17 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 6 | 4 | 4 | 2 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 6 |
| Profit before tax | 99 | 14 | -27 | -39 | -35 | -45 | -21 | -12 | -9 | 18 | 10 | -29 |
| Tax % | 32% | 26% | -37% | -30% | -18% | 64% | 0% | 31% | 0% | 0% | 0% | 0% |
| 67 | 11 | -17 | -26 | -28 | -74 | -21 | -16 | -9 | 18 | 10 | -28 | |
| EPS in Rs | 26.22 | 4.13 | -6.35 | -10.04 | -10.56 | -27.99 | -7.80 | -5.89 | -3.17 | 7.04 | 3.38 | -11.27 |
| Dividend Payout % | 12% | 24% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -18% |
| 5 Years: | -7% |
| 3 Years: | -6% |
| TTM: | -56% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -8% |
| 3 Years: | % |
| TTM: | -433% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | 4% |
| 3 Years: | -1% |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | -21% |
| 5 Years: | -12% |
| 3 Years: | -2% |
| Last Year: | -67% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 211 | 216 | 201 | 175 | 146 | 64 | 43 | 26 | 18 | 36 | 44 | 16 |
| 0 | 0 | 1 | 0 | 0 | 0 | 8 | 0 | 2 | 2 | 1 | 15 | |
| 20 | 26 | 16 | 16 | 17 | 11 | 8 | 9 | 10 | 18 | 15 | 12 | |
| Total Liabilities | 244 | 255 | 231 | 203 | 176 | 89 | 72 | 48 | 43 | 68 | 73 | 56 |
| 12 | 9 | 8 | 13 | 12 | 20 | 15 | 10 | 10 | 6 | 10 | 32 | |
| CWIP | 1 | 1 | 6 | 0 | 6 | 0 | 0 | 0 | 0 | 4 | 3 | 0 |
| Investments | 66 | 70 | 101 | 64 | 45 | 18 | 5 | 8 | 1 | 0 | 0 | 0 |
| 165 | 175 | 116 | 126 | 112 | 51 | 52 | 29 | 32 | 58 | 60 | 25 | |
| Total Assets | 244 | 255 | 231 | 203 | 176 | 89 | 72 | 48 | 43 | 68 | 73 | 56 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61 | 19 | -39 | -37 | -30 | -41 | -15 | 9 | -10 | 16 | 8 | -7 | |
| -10 | 10 | -23 | 43 | 17 | 34 | 15 | -2 | 6 | -0 | -8 | -10 | |
| -11 | -4 | -3 | -0 | -1 | -3 | -1 | -8 | 0 | 0 | -0 | -0 | |
| Net Cash Flow | 40 | 24 | -64 | 7 | -14 | -9 | -1 | -1 | -3 | 16 | 0 | -17 |
| Free Cash Flow | 58 | 18 | -48 | -40 | -38 | -47 | -15 | 10 | -10 | 11 | 1 | -16 |
| CFO/OP | 65% | 527% | 111% | 81% | 79% | 111% | 85% | -107% | 195% | 84% | 59% | 30% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 34 | 67 | 58 | 34 | 35 | 106 | 51 | 11 | 69 | 30 | 123 |
| Inventory Days | 0 | 0 | 0 | 0 | ||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 46 | 34 | 67 | 58 | 34 | 35 | 106 | 51 | 11 | 69 | 30 | 123 |
| Working Capital Days | 44 | 20 | 96 | 89 | 102 | 134 | 250 | 100 | 134 | 94 | 146 | 104 |
| ROCE % | 49% | 3% | -15% | -22% | -21% | -27% | -31% | -23% | -24% | 44% | 18% | -52% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from India / ROW Geography ₹ Lacs |
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| Revenue from USA Geography ₹ Lacs |
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| Employee Attrition Rate % ・Standalone data |
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| Total Employee Count Number ・Standalone data |
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| Client Concentration (Visa Inc.) Share of Revenue % ・Standalone data |
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| Product License Contribution to Revenue % |
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Extracted by Screener AI
Documents
Announcements
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Merger - Public Notice Dated 14Th May 2026 Received From The Company''s Registrars & Share Transfer Agents (RTA)
18 May - C.B. Management Services RTA merges into MUFG Intime; notice dated May 14, 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 May - Paper Advertisements of the company''s financial results for the period ending 31st March 2026 approved by the Board of the company at the Board Meeting …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 May - Paper Advertisements of the company''s financial results for the period ending 31st March 2026 approved by the Board of the company at the Board Meeting …
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Board Meeting Outcome for Outcome Of Board Meeting
7 May - Board approved audited standalone and consolidated FY2026 results with unmodified auditor opinions.
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Board Meeting Intimation for Holding Of The Board Meeting Of The Company
11 Apr - Board meeting on 7 May 2026 to approve audited FY2026 and quarter results; trading window closed till 9 May 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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Nov 2025TranscriptPPTREC
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May 2025TranscriptPPTREC
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Mar 2024TranscriptAI SummaryPPT
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Apr 2018TranscriptPPT
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Nov 2016TranscriptPPT
Business Overview:[1][2]
RSSL provides software solution to electronic payment industries. It deals in software development, maintenance, testing and software project management under client server and web-based technologies. Their major infrastructure is located in Kolkata. After discontinuance of its contract with Visa Inc., RSSL has shifted its focus from service to product/ platform development, digital payments, in-country networks. Company operates in US and India