TickerSutra

NSE: RAMCOSYS · BSE: 532370 · ISIN INE246B01019

Ramco Systems Limited stock analysis

Ramco Systems Limited ranks #1050 in the TickerSutra evidence-ranked universe with a score of 57/100 and 95% data confidence. The latest captured fundamentals show ROCE of 19.7%, quarterly sales growth of 7.1% and quarterly profit growth of -36.2%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE57/100

Monitor only

#1050 of 5,430 ranked equities
Market capitalisation₹2,293.43cr
ROCE19.7%
Quarterly sales growth7.1%
Quarterly profit growth-36.2%
P/E ratio36.4×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.12×
  • Strong CFO/EBITDA of 0.84×
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹531cr₹-1cr₹-73cr-0.1%
2023₹492cr₹-134cr₹-207cr-27.0%
2024₹526cr₹-153cr₹-242cr-29.0%
2025₹591cr₹77cr₹-34cr13.0%
2026₹701cr₹160cr₹42cr23.0%
TTM₹712cr₹155cr₹42cr22.0%
Debt / equity0.12×
CFO / EBITDA0.84×
Operating margin22.0%
Free cash flow₹58cr
Sales CAGR · 3Y12.5%
Profit CAGR · 3YUnavailable

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts3 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Export market updatesHigh severity · 4 mentions
Constructive

Ramco also strengthened its international footprint. Revenue from overseas markets stood at 81%, reflecting steady progress in global operations, backed by focused client acquisition and deeper engagement in priority regions. The Company also advanced its partner ecosystem, with collaborations across global technology and consulting partners supporting solution deployment and extended market reach.

Operating leverageHigh severity · 1 mention
Positive catalyst

We closed the year with revenue of USD 79.9 Mln. a margin of 24%, up from 14% in the prior year, reflecting the operating leverage we are building as disciplined execution and delivery efficiency continue to compound. The year also marked a full-year return to profitability, with net profit after tax of USD 4.77 Mln.

Regulatory updatesModerate severity · 50 mentions
Constructive

AI-driven anomaly detection with explainable reasoning improved payroll validation before run closure, while automation reduced manual touchpoints across execution workflows. Compliance oversight was further reinforced through the Smart Web Lookup Engine, which continuously tracks regulatory changes across jurisdictions and provides real- time compliance scorecards and alerts, enabling proactive governance rather tha

Regulatory approvalLow severity · 16 mentions
Watch

P V Abinav Ramasubramaniam Raja (DIN: 07273249) as the Managing Director with effect from November 08, 2024 which was approved by the shareholders in the 28th AGM held on August 13, 2025. Appointment of Justice Chitra Venkatraman (DIN:07044099), as Independent Director was approved by the Members on April 29, 2025 through Postal Ballot. There was no resignation of Directors during the year.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

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