Ramco Systems Limited

NSE: RAMCOSYS · Unclassified

₹525.95-3.39%06 Nov 2026

Ask the data

Instant answers about Ramco Systems Limited — computed from its filings, no language model

Market cap₹1,981 cr

Current price₹525.95

High / Low₹886 / ₹344

P/E67.9

P/B5.66

Book value₹92.9

ROE8.3%

ROCE9.3%

Debt / equity0.00

Dividend yield—

EPS (TTM)₹7.74

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	469.2	542.1	568.9	626.3	531.1	492.2	525.8	591.3	701.0
EBITDA	75.8	88.0	103.0	171.3	-1.9	-135.4	-154.4	75.6	158.5
Operating margin	16.2%	16.2%	18.1%	27.3%	-0.4%	-27.5%	-29.4%	12.8%	22.6%
Interest	1.3	4.2	12.2	8.8	5.4	10.0	6.2	4.9	4.0
Depreciation	50.1	51.1	66.5	69.2	75.3	80.8	87.2	102.8	91.4
Profit before tax	34.1	42.3	33.5	107.9	-73.4	-220.7	-243.8	-26.5	48.9
Tax	22.7	25.5	22.8	51.2	-0.4	-13.8	-2.0	7.8	6.9
Net profit	11.3	16.4	10.2	55.8	-73.4	-206.8	-241.9	-34.2	41.8
EPS ₹	3.70	5.36	3.32	18.20	-23.87	-65.60	-68.51	-9.35	11.19
Operating cash flow	—	—	—	—	91.8	40.3	103.8	113.3	134.4
Capex	—	—	—	—	87.7	0.0	0.0	0.3	0.0
Dividend paid	—	—	—	—	0.0	0.0	0.0	0.0	0.0
Total assets	—	—	—	—	—	933.5	668.0	668.8	745.4
Equity	—	—	—	—	—	533.1	311.4	315.8	350.0

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '18	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	118.6	125.6	131.5	143.6	141.4	139.7	149.3	147.1	132.9	145.2	159.8	171.4	149.9	140.4	140.7	126.0	123.9	118.6	127.5	126.2	139.5	126.8	128.3	131.2	137.0	142.5	156.6	155.2	161.3	175.8	178.5	185.4	172.8	182.0
Operating profit	20.9	24.5	22.9	15.1	25.4	24.0	31.1	29.2	18.7	45.0	43.8	52.2	30.4	11.6	5.2	-8.3	-10.4	-40.4	-28.6	-35.8	-25.5	-126.6	-4.4	2.1	3.4	16.6	14.1	41.5	29.1	39.4	44.9	45.1	25.4	25.8
Operating margin	17.6%	19.5%	17.4%	10.5%	18.0%	17.2%	20.8%	19.8%	14.1%	31.0%	27.4%	30.4%	20.3%	8.2%	3.7%	-6.6%	-8.4%	-34.1%	-22.4%	-28.3%	-18.2%	-99.9%	-3.5%	1.6%	2.5%	11.6%	9.0%	26.7%	18.0%	22.4%	25.2%	24.3%	14.7%	14.2%
Other income	2.7	2.1	3.3	1.9	2.4	2.2	2.2	2.1	2.6	3.4	5.3	2.8	3.1	2.4	3.9	1.6	1.3	1.2	1.2	2.0	0.4	1.9	0.6	1.1	1.3	0.9	1.0	2.4	3.5	1.3	1.5	0.9	2.2	1.3
Interest	0.4	0.8	0.9	1.4	1.2	3.0	3.2	3.2	2.9	2.9	2.7	1.8	1.4	1.4	1.4	1.3	1.3	2.3	3.3	2.9	1.6	1.5	1.6	1.5	1.4	1.2	1.2	1.1	1.1	1.0	1.0	0.9	1.0	1.0
Depreciation	12.3	12.5	13.0	12.9	12.6	16.4	16.4	16.9	16.7	17.4	17.4	17.1	17.2	18.6	19.0	18.9	18.7	20.4	20.8	20.4	21.7	21.5	21.3	22.7	21.5	22.9	22.9	35.5	22.2	22.9	23.1	23.1	23.2	23.6
Profit before tax	10.9	13.3	12.3	2.7	14.0	6.8	13.7	11.2	1.8	28.1	29.0	36.1	14.8	-6.0	-11.3	-26.9	-29.1	-61.9	-51.4	-57.0	-48.3	-147.7	-26.8	-20.9	-18.2	-6.6	-9.1	7.3	9.2	16.8	0.8	22.0	3.5	2.5
Tax	6.7	6.6	8.3	5.6	5.1	3.9	6.2	5.3	7.5	13.9	12.1	17.9	7.3	2.7	1.4	-1.9	-2.6	-1.5	-1.1	-11.6	-1.5	-2.0	-0.7	2.1	1.3	3.1	1.0	2.3	8.2	4.2	-2.4	-3.1	2.9	2.1
Net profit	4.2	6.7	3.9	-3.0	8.7	2.9	7.4	5.8	-5.8	13.8	16.7	17.9	7.4	-8.7	-12.9	-25.2	-26.4	-60.3	-50.3	-45.6	-46.8	-145.8	-26.4	-23.0	-19.6	-9.7	-10.2	5.3	0.9	12.6	3.3	25.1	0.6	0.2
EPS ₹	1.39	2.20	1.28	-0.97	2.86	0.93	2.42	1.89	-1.91	4.51	5.46	5.84	2.40	-2.91	-4.20	-8.19	-8.58	-19.57	-16.31	-14.45	-13.27	-41.35	-7.47	-6.52	-5.54	-2.70	-2.79	1.45	0.25	3.37	0.87	6.70	0.16	0.07
Revenue YoY	—	—	—	—	19.3%	11.2%	13.5%	2.5%	-6.1%	4.0%	7.1%	16.5%	12.8%	-3.3%	-12.0%	-26.5%	-17.3%	-15.7%	1.2%	1.9%	—	6.9%	0.6%	3.9%	-1.8%	12.4%	22.1%	18.3%	17.8%	23.3%	14.0%	19.4%	7.1%	3.5%
Profit YoY	—	—	—	—	105.9%	-57.5%	89.3%	—	-167.0%	384.9%	125.8%	209.5%	—	-163.1%	-177.2%	-240.6%	-458.4%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	371.8%	-36.2%	-98.0%

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Ramco Systems Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	157.5	175.2	167.5	224.8	267.3	283.2
Operating profit	6.6	5.5	29.3	58.4	79.6	52.5
Operating margin	4.2%	3.1%	17.5%	26.0%	29.8%	18.5%
Interest	24.4	6.0	11.4	12.0	—	1.3
Depreciation	7.0	18.2	37.1	44.4	45.5	46.4
Profit before tax	-3.0	-18.8	-19.3	1.9	30.5	9.2
Tax	0.0	0.0	0.0	0.4	6.5	-41.5
Net profit	-3.0	-18.8	-19.3	1.6	24.0	50.7

Quarters

showing latest 8 of 38 periods

	SEP '07†	DEC '07†	JUN '08†	SEP '08†	DEC '08†	JUN '09†	SEP '09†	DEC '09†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	21.3	25.3	20.9	31.4	26.1	25.7	26.5	29.1	33.0	36.4	36.6	36.7	33.4	45.6	41.8	37.9	45.6	49.2	42.5	37.8	41.3	39.8	48.6	45.5	57.8	56.2	65.3	59.2	64.2	67.0	76.8	68.1	75.5	71.6	68.1	70.3	67.3	69.8
Operating profit	3.5	-1.8	-4.3	4.8	-0.5	3.5	3.7	6.8	5.3	2.8	3.8	1.1	-1.8	6.8	0.5	-2.2	-0.5	-0.2	8.4	2.4	6.0	4.2	16.7	9.8	17.8	11.9	18.8	13.2	17.7	21.3	27.4	21.1	29.6	18.8	-17.0	25.7	31.0	22.4
Operating margin	16.7%	-7.2%	-20.8%	15.4%	-2.0%	13.8%	14.0%	23.2%	16.1%	7.7%	10.5%	2.9%	-5.4%	14.9%	1.3%	-5.9%	-1.0%	-0.4%	19.7%	6.2%	14.7%	10.6%	34.3%	21.6%	30.9%	21.2%	28.8%	22.2%	27.6%	31.7%	35.7%	31.0%	39.3%	26.2%	-25.0%	36.6%	46.0%	32.1%
Other income	1.9	1.1	0.5	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	4.5	2.9	3.0	3.7
Interest	4.8	5.0	3.8	5.0	5.2	3.2	2.8	2.9	3.0	3.2	3.4	4.0	4.5	5.0	10.9	1.1	1.6	1.5	1.9	2.3	2.7	3.2	3.3	3.5	3.2	2.7	2.6	3.4	—	0.1	0.1	0.2	0.6	0.3	0.2	0.1	0.2	0.5
Depreciation	5.7	6.0	1.4	1.4	1.6	1.4	1.6	1.6	1.5	1.6	4.4	1.5	1.8	1.9	1.8	1.3	6.3	2.1	8.5	9.3	9.4	9.5	8.9	11.0	11.3	11.1	11.0	11.2	11.3	11.5	11.4	11.6	11.7	11.7	11.5	12.1	12.3	12.3
Profit before tax	-5.1	30.2	-9.1	-1.5	-7.2	-1.1	-1.0	2.2	0.8	-2.0	-4.0	-4.5	-8.0	-0.1	9.6	-4.6	-8.4	-3.9	-2.0	-9.3	-6.0	-8.5	4.5	-4.7	3.4	-1.9	5.2	-1.5	6.3	9.7	16.0	9.3	17.4	6.8	-24.3	16.4	21.5	13.3
Tax	0.1	1.7	0.2	0.2	0.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.4	0.0	0.9	2.2	3.4	2.0	3.7	-5.7	-41.5	3.0	5.8	4.1
Net profit	-5.2	28.6	-9.2	-1.8	-7.4	-1.1	-1.0	2.2	0.8	-2.0	-4.0	-4.5	-8.0	-0.1	9.6	-4.6	-8.4	-3.9	-2.0	-9.3	-6.0	-8.5	4.5	-4.7	3.4	-1.9	4.8	-1.5	5.4	7.5	12.6	7.3	13.7	12.5	17.2	13.3	15.7	9.2
EPS ₹	3.40	18.59	-6.03	-1.14	-4.82	-0.72	-0.67	1.44	0.51	-1.27	-2.61	-2.89	-5.17	-0.04	6.20	-0.29	-5.37	-2.47	-1.27	-5.88	-3.83	-5.40	2.86	-2.48	1.57	-0.86	2.10	-0.55	1.87	2.57	4.30	2.44	4.56	4.16	5.69	4.39	5.15	3.04
Revenue YoY	—	—	—	47.5%	3.0%	23.1%	-15.5%	11.5%	28.5%	37.1%	26.0%	11.3%	-8.2%	24.4%	—	3.1%	36.6%	8.0%	1.7%	-0.1%	-9.5%	-19.1%	14.3%	20.4%	40.0%	41.1%	34.3%	30.1%	11.0%	19.4%	17.6%	15.0%	17.6%	6.8%	-11.3%	3.3%	-10.8%	-2.4%
Profit YoY	—	—	—	—	-125.9%	—	—	—	—	—	-282.0%	-668.4%	—	—	—	—	—	—	-120.7%	—	—	—	—	—	—	—	6.7%	—	60.5%	—	163.1%	—	153.0%	66.8%	35.9%	82.4%	14.6%	-26.1%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 28 periods

	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-38.1%	-80.6%	-74.0%	-77.7%	-69.0%	-25.3%	-20.1%	-10.8%	-4.3%	2.7%	6.8%	12.0%	11.9%	8.3%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-36.5%	-78.3%	-72.2%	-76.3%	-66.7%	-21.5%	-15.9%	-6.8%	1.8%	8.9%	11.8%	15.1%	13.4%	9.3%
Net margin	2.3%	3.0%	2.3%	2.8%	4.3%	1.8%	3.7%	5.2%	7.0%	8.9%	5.3%	0.6%	-7.1%	-13.8%	-39.6%	-55.5%	-50.8%	-46.0%	-41.1%	-14.6%	-11.0%	-5.8%	-2.2%	1.3%	3.3%	6.0%	5.8%	4.1%
EBITDA margin	16.1%	16.2%	15.7%	16.7%	19.0%	18.1%	21.6%	23.4%	26.2%	27.3%	22.2%	16.5%	7.0%	-0.4%	-25.4%	-41.6%	-36.9%	-29.4%	-24.0%	3.3%	6.4%	12.8%	16.4%	19.1%	23.1%	22.6%	21.7%	19.7%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.07	0.05	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest coverage	12.56	11.05	6.59	5.27	5.34	3.74	5.52	7.01	10.25	13.23	11.05	6.55	-4.33	-12.54	-20.61	-31.74	-35.62	-38.13	-34.15	-11.51	-9.29	-4.39	1.21	6.57	9.18	13.15	12.04	8.42
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.55	0.72	0.72	0.79	0.78	0.76	0.80	0.88	0.92	0.92	0.95	0.94	0.96	0.97

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	30.9	35.3	35.3	35.5	37.2	37.3	37.4	37.5	37.7
Other equity / reserves	460.6	497.9	322.3	275.9	273.6	278.5	286.9	312.5	312.2
Total equity	491.5	533.1	357.6	311.4	310.7	315.8	324.2	350.0	349.9
Borrowings	83.0	38.0	19.5	0.0	0.0	0.0	0.0	0.0	0.0
Current liabilities	321.3	311.9	287.1	260.3	307.0	266.3	291.2	300.3	284.6
Non-current liabilities	78.1	85.0	75.8	92.7	89.4	83.0	85.1	91.2	102.8
Total assets	894.1	933.5	724.0	668.0	710.9	668.8	704.3	745.4	741.3
Property, plant & equipment	72.5	82.5	73.5	73.0	68.5	62.0	56.6	52.3	57.9
Capital work-in-progress	0.0	0.0	0.0	0.0	0.0	0.3	0.3	0.3	36.0
Investments	3.1	11.7	4.8	1.7	16.9	28.7	55.2	1.9	61.3
Inventories	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Receivables	163.9	152.5	99.9	95.2	91.8	92.3	104.0	112.1	90.9
Cash & equivalents	12.3	15.6	17.8	17.7	26.0	44.2	47.2	122.7	69.3

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	91.8	40.3	103.8	113.3	134.4
Cash from investing	-85.1	-127.1	-76.7	-106.4	-46.2
Cash from financing	-9.4	147.6	-56.2	12.8	-18.9
Capex	87.7	0.0	0.0	0.3	0.0
Free cash flow	4.2	40.3	103.8	113.0	134.4
Dividends paid	0.0	0.0	0.0	0.0	0.0

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹57.9 cr8%

CWIP

₹36.0 cr5%

Investments

₹61.3 cr8%

Receivables

₹90.9 cr12%

Cash & equivalents

₹69.3 cr9%

Other assets

₹425.8 cr57%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Ramco Systems Limited	1,981	525.95	67.9	5.66	8.3%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-8.4%

6 months+26.8%

1 year-17.7%

3Y CAGR+26.2%

5Y CAGR+5.8%

10Y CAGR+1.7%

50-day avg₹561.35

200-day avg₹535.32

RSI (14)38

FAQs

What is the share price of Ramco Systems Limited?

Ramco Systems Limited (RAMCOSYS) closed at ₹525.95 on NSE on 06 Nov 2026.

What is the market cap of Ramco Systems Limited?

₹1,981 crore at the latest close.

What is the P/E ratio of Ramco Systems Limited?

67.9, on trailing-twelve-month earnings from its filings.

How fast is Ramco Systems Limited growing?

Ramco Systems Limited: revenue has compounded at 12.5% a year over three years. Latest-quarter revenue is up 3.5% year on year, profit down 98.0%.

How profitable is Ramco Systems Limited?

On a trailing-twelve-month basis return on equity is 8.3%, return on capital employed 9.3%, operating margin 19.7%, net margin 4.1%.

How much debt does Ramco Systems Limited have?

Ramco Systems Limited is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹69 cr (balance sheet of 2026-09-30). Operating profit covers interest 8.4 times.

Financials parsed from Ramco Systems Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.