Ramco Systems Ltd.
NSE: RAMCOSYS · Software Products · sector
₹507.45NSE close 2026-10-26
Key numbers
Market cap₹1,909 cr
Price₹507.45
52w high / low₹968 / ₹342
P/E45.7xSector median 16.9x
P/B5.5xSector median 1.8x
Book value₹93.0
Dividend yield–Sector median 2.02%
ROE12.5%Sector median 5.3%
ROCE13.4%Sector median 5.3%
OPM18.7%Sector median 8.7%
Debt / equity0.00xSector median 0.00x
EV/EBITDA13.4xSector median 15.0x
Interest cover12.0x
Current ratio1.03x
Sales growth 3y+12.5%Sector median +11.3%
Profit growth 3y–Sector median +16.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 47 companies in Software Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹126 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 12.0x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 2.34 percentage points in a year, to 55.44% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 14% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹507.45 on 2026-10-26: -47.6% from the 52-week high, +48.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹856.45 · low ₹274.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 143 | 157 | 155 | 161 | 176 | 178 | 185 | 173 |
| EBITDA | 17 | 14 | 42 | 29 | 39 | 23 | 45 | 25 |
| OPM % | 11.6% | 9.0% | 26.7% | 18.0% | 22.4% | 13.1% | 24.3% | 14.7% |
| Other income | 1 | 1 | 2 | 4 | 1 | 2 | 1 | 2 |
| Net profit | -10 | -10 | 5 | 1 | 13 | 3 | 25 | 1 |
| EPS (₹) | -2.70 | -2.79 | 1.45 | 0.25 | 3.37 | 0.87 | 6.70 | 0.16 |
| Revenue YoY | +23.3% | +14.0% | +19.4% | +7.1% | ||||
| Profit YoY | – | – | +371.8% | -36.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 531 | 492 | 526 | 591 | 701 | 712 |
| EBITDA | -2 | -135 | -154 | 76 | 137 | 133 |
| Net profit | -73 | -207 | -242 | -34 | 42 | 42 |
| EPS (₹) | -23.87 | -65.60 | -68.51 | -9.35 | 11.19 | 11.10 |
| Revenue growth | -7.3% | +6.8% | +12.5% | +18.5% | +15.7% | |
| Profit growth | – | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +12.5% | +2.3% | +15.7% |
| Net profit | – | -5.6% | – |
| EPS | – | -9.3% | – |
| Share price | – | +18.0% (2y) | -8.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 533 | 311 | 316 | 350 |
| Borrowings | – | 38 | 0 | 0 | 0 |
| Cash & equivalents | – | 78 | 28 | 73 | 126 |
| Total assets | – | 933 | 668 | 669 | 745 |
| Fixed assets | – | 82 | 73 | 62 | 52 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 152 | 95 | 92 | 112 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 69 | 72 | 57 | 65 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 92 | 40 | 104 | 113 | 134 |
| Cash from investing | -85 | -127 | -77 | -106 | -46 |
| Cash from financing | -9 | 148 | -56 | 13 | -19 |
| Capex | 88 | 0 | 0 | 0 | 0 |
| Free cash flow | 4 | 40 | 104 | 113 | 134 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -38.8% | -77.7% | -10.8% | 12.0% |
| ROCE % | – | -36.9% | -76.3% | -6.8% | 15.1% |
| Debtor days | – | 113 | 66 | 57 | 58 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 18,367 | 8,078 | 73,469 | 10,593 |
| Cash conversion cycle (days) | – | -18,254 | -8,012 | -73,412 | -10,535 |
| Working capital days | – | 88 | -44 | -29 | 4 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 55.44% |
| FIIs | 10.50% |
| DIIs | 1.78% |
| of which Mutual funds | 1.52% |
| Government | 0.00% |
| Public (non-institutions) | 32.28% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 53.37% | 53.21% | 53.17% | 53.10% | 53.03% | 55.68% | 55.51% | 55.44% |
| Promoter group | % |
|---|---|
| Ramco Industries Limited | 18.89% |
| The Ramco Cements Limited | 14.40% |
| P R Venketrama Raja | 12.79% |
| Ramco Management Private Limited | 2.71% |
| Rajapalayam Mills Limited | 1.95% |
| Ramco Industrial and Technology Services Limited | 1.51% |
| Nalina Ramalakshmi | 0.86% |
| R Sudarsanam | 0.77% |
| Saradha Deepa | 0.64% |
| P V Abinav Ramasubramaniam Raja | 0.29% |
| Byrraju Srisandhya Raju | 0.29% |
| Sethulakshmi Jayaraman | 0.13% |
| Alagaraja Ramalakshmi | 0.11% |
| P V Nirmala | 0.05% |
| The Ramaraju Surgical Cotton Mills Limited | 0.03% |
| Public holders above 1% | % |
|---|---|
| Atyant Capital India Fund I | 3.64% |
| Vanderbilt University - Atyant Capital Management Limited | 3.64% |
| HDFC Trustee Company Ltd. A/C HDFC Balanced Advantage Fund | 1.51% |
| Ravikumar Ramkishore Sanwalka | 1.42% |
| Chetan Jayantilal Shah | 1.22% |
| Gothic Corporation | 1.14% |
35,320 shareholders. Pledged: 0.00% of promoter shares.
Peers in Software Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| OFSS | ₹86,243 cr | 25.3x | 11.0x | 42.2% | 60.3% | 50.4% | +10.4% | 3.98% |
| TANLA | ₹7,530 cr | 14.1x | 3.0x | 22.4% | 27.0% | 16.5% | +9.6% | 2.13% |
| MAPMYINDIA | ₹4,530 cr | 32.9x | 5.0x | 16.3% | 22.3% | 35.7% | +19.0% | 0.42% |
| CAPILLARY | ₹4,433 cr | 80.4x | 4.3x | 5.1% | 5.3% | 16.0% | – | – |
| TECHNVISN | ₹2,302 cr | 200.6x | 153.4x | 19.2% | 20.1% | 2.8% | +167.4% | – |
| RAMCOSYS | ₹1,909 cr | 45.7x | 5.5x | 12.5% | 13.4% | 18.7% | +12.5% | – |
| NUCLEUS | ₹1,725 cr | 16.4x | 1.9x | 12.2% | 14.7% | 10.1% | +11.3% | 1.91% |
| BLUECLOUDS | ₹1,149 cr | 16.4x | 1.2x | 12.3% | 9.1% | 15.1% | +225.5% | – |
| SUBEXLTD | ₹969 cr | 31.9x | 2.8x | 9.2% | 12.3% | 11.9% | +0.0% | – |
| UNIECOM | ₹871 cr | 40.7x | 4.5x | 16.1% | 15.0% | 15.4% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2022-08-01 | Other | Annual General Meeting |
| 2021-08-10 | Other | Annual General Meeting |
| 2020-08-27 | Other | Annual General Meeting |
| 2015-08-04 | Other | Annual General Meeting |
| 2014-07-24 | Other | Annual General Meeting |
| 2014-04-22 | Rights | Rights 1:2 @ Premium Rs.145/- Per Equity Share |
| 2013-07-25 | Other | Annual Book Closure |
| 2012-07-31 | Other | Annual General Meeting |
| 2011-08-08 | Other | Annual General Meeting |
| 2010-07-29 | Other | Annual Book Closure |
| 2009-08-03 | Other | Annual Book Closure |
| 2008-08-07 | Other | Annual General Meeting |
| 2007-07-25 | Other | Agm |
| 2006-07-25 | Other | Agm |
| 2005-08-03 | Other | Annual Book Closure |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Information and Communication: Computer programing, consultancy and related activities
| Sector | Information Technology |
| Industry | Software Products |
| Sub-industry | Software Products |
| Symbol | RAMCOSYS |
| BSE code | 532370 |
| ISIN | INE246B01019 |
| Face value | ₹10.0 |
| Incorporated | 1997-02-19 |
| Website | www.ramco.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.