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 ₹ 3,212 Cr.
- Current Price ₹ 271
- High / Low ₹ 497 / 251
- Stock P/E 13.4
- Book Value ₹ 58.3
- Dividend Yield 4.63 %
- ROCE 37.8 %
- ROE 40.2 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 28.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.7%
Cons
- Debtor days have increased from 50.3 to 65.4 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.
Peer comparison
Information Technology Information Technology IT - Services IT Enabled Services
Part of BSE Information Technology BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 291 | 289 | 263 | 264 | 317 | 392 | 439 | 578 | 814 | 904 | 911 | 1,101 | |
| 235 | 236 | 211 | 235 | 278 | 334 | 352 | 470 | 663 | 724 | 738 | 875 | |
| Operating Profit | 56 | 54 | 52 | 28 | 39 | 58 | 87 | 108 | 151 | 180 | 173 | 226 |
| OPM % | 19% | 19% | 20% | 11% | 12% | 15% | 20% | 19% | 19% | 20% | 19% | 21% |
| 53 | 74 | 17 | 14 | 9 | 15 | 13 | 47 | 7 | 71 | 46 | 83 | |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 8 | 8 | 14 |
| Depreciation | 7 | 10 | 7 | 7 | 7 | 9 | 13 | 15 | 20 | 24 | 23 | 22 |
| Profit before tax | 101 | 118 | 61 | 34 | 41 | 63 | 82 | 136 | 134 | 218 | 189 | 274 |
| Tax % | 26% | 23% | 33% | 33% | 24% | 18% | 14% | 15% | 16% | 20% | 21% | 19% |
| 75 | 91 | 41 | 23 | 31 | 52 | 70 | 116 | 113 | 173 | 149 | 223 | |
| EPS in Rs | 5.89 | 7.14 | 3.33 | 1.84 | 2.50 | 4.28 | 5.86 | 9.78 | 9.53 | 14.66 | 12.56 | 18.82 |
| Dividend Payout % | 99% | 55% | 0% | 0% | 24% | 35% | 0% | 58% | 68% | 46% | 100% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 11% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 28% |
| 3 Years: | 29% |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 20% |
| 3 Years: | 5% |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 35% |
| 3 Years: | 37% |
| Last Year: | 40% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 162 | 186 | 208 | 235 | 257 | 263 | 331 | 342 | 378 | 471 | 501 | 678 |
| 1 | 1 | 2 | 2 | 2 | 5 | 4 | 37 | 61 | 115 | 63 | 384 | |
| 118 | 50 | 49 | 60 | 65 | 85 | 116 | 84 | 113 | 208 | 158 | 197 | |
| Total Liabilities | 294 | 250 | 272 | 309 | 337 | 364 | 463 | 475 | 564 | 806 | 735 | 1,271 |
| 35 | 24 | 28 | 29 | 27 | 37 | 75 | 78 | 111 | 95 | 73 | 107 | |
| CWIP | 0 | 0 | 3 | 0 | 2 | 2 | 0 | 0 | 3 | 0 | 4 | 0 |
| Investments | 74 | 128 | 119 | 117 | 119 | 134 | 115 | 117 | 117 | 373 | 374 | 775 |
| 184 | 98 | 123 | 163 | 189 | 192 | 273 | 280 | 333 | 339 | 284 | 389 | |
| Total Assets | 294 | 250 | 272 | 309 | 337 | 364 | 463 | 475 | 564 | 806 | 735 | 1,271 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55 | 25 | 33 | 30 | 23 | 51 | 78 | 58 | 87 | 177 | 166 | 138 | |
| 39 | 39 | 12 | -35 | -19 | 10 | -51 | 42 | 11 | -208 | 59 | -339 | |
| -53 | -113 | -19 | -1 | -9 | -46 | -0 | -109 | -78 | -32 | -206 | 218 | |
| Net Cash Flow | 41 | -49 | 25 | -6 | -5 | 15 | 26 | -9 | 20 | -63 | 19 | 18 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79 | 64 | 69 | 79 | 71 | 53 | 55 | 53 | 53 | 42 | 44 | 65 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 79 | 64 | 69 | 79 | 71 | 53 | 55 | 53 | 53 | 42 | 44 | 65 |
| Working Capital Days | -41 | 26 | 36 | 32 | 77 | 35 | 75 | 68 | 56 | -21 | 26 | 27 |
| ROCE % | 34% | 29% | 27% | 15% | 16% | 23% | 27% | 38% | 33% | 43% | 33% | 38% |
Insights
In beta| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
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| Revenue Contribution from Top 10 Clients % |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Advertisement - Notice to shareholders - Special Window for re-lodgment of transfer of request of physical Shares
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Mar
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COMMUNICATION TO SHAREHOLDERS - INTIMATION ON TAX DEDUCTION ON DIVIDEND
7 Mar - Interim dividend Rs.6/share; record date Mar 12, 2026; payment by Apr 04; TDS and KYC instructions.
- Record Date Intimation 6 Mar
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Corporate Action-Board approves Dividend
6 Mar - Record date March 12, 2026 for interim dividend declared March 6, 2026 for FY ending Dec 31, 2026.
Annual reports
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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
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Financial Year 2011
from nse
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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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 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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May 2021TranscriptAI SummaryPPT
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Mar 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Aug 2020TranscriptAI SummaryPPT
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May 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Mar 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Feb 2018TranscriptAI SummaryPPT
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Nov 2017TranscriptAI SummaryPPT
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Aug 2017TranscriptAI SummaryPPT
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May 2017TranscriptAI SummaryPPT
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Feb 2017TranscriptAI SummaryPPT
Business Segments