Ramco Systems Ltd

Ramco Systems Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ramco Systems Ltd

₹ 390 2.09%
22 Nov - close price
ramco.com BSE: 532370 NSE: RAMCOSYS
About

Incorporated in 1997, Ramco Systems
Ltd develops ERP Software solutions,
and provides that with related solutions
and services[1]

Key Points

Business Overview:[1][2]
RSL is a part of the Ramco Group. It provides multi-tenant cloud and mobile-based enterprise software in the area of customised Global Payroll, ERP, Logistics and M&E MRO for Aviation, SRP, and EAM services, etc. It has expertise in catering to the aviation sector and has forayed into the US defence sector.

Website BSE NSE
  • Market Cap ₹ 1,451 Cr.
  • Current Price ₹ 390
  • High / Low ₹ 455 / 262
  • Stock P/E
  • Book Value ₹ 83.7
  • Dividend Yield 0.00 %
  • ROCE -47.1 %
  • ROE -58.6 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Debtor days have improved from 97.8 to 66.1 days.
  • Promoter holding has increased by 1.65% over last quarter.

Cons

  • Stock is trading at 4.66 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.61% over past five years.
  • Company has a low return on equity of -33.0% over last 3 years.

* 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

Sector: IT - Software Industry: Computers - Software - Medium / Small

Part of BSE SmallCap BSE Allcap BSE Information Technology

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
140.71 126.03 123.92 119.92 118.59 127.50 126.22 139.54 126.83 128.26 131.20 136.98 142.51
135.51 134.34 134.34 150.55 159.01 156.09 162.01 165.00 253.46 132.68 129.08 133.53 125.91
Operating Profit 5.20 -8.31 -10.42 -30.63 -40.42 -28.59 -35.79 -25.46 -126.63 -4.42 2.12 3.45 16.60
OPM % 3.70% -6.59% -8.41% -25.54% -34.08% -22.42% -28.36% -18.25% -99.84% -3.45% 1.62% 2.52% 11.65%
3.93 1.62 1.43 1.03 1.19 1.24 2.07 0.40 1.90 0.62 1.20 1.27 0.91
Interest 1.40 1.31 1.33 1.42 2.34 3.31 2.89 1.58 1.52 1.65 1.48 1.43 1.24
Depreciation 19.01 18.94 18.73 19.32 20.37 20.78 20.35 21.66 21.48 21.34 22.73 21.54 22.85
Profit before tax -11.28 -26.94 -29.05 -50.34 -61.94 -51.44 -56.96 -48.30 -147.73 -26.79 -20.89 -18.25 -6.58
Tax % 12.77% -7.05% -8.95% 0.77% -2.42% -2.22% -20.29% -3.11% -1.34% -2.50% 10.00% 7.18% 46.50%
-12.72 -25.04 -26.45 -50.73 -60.44 -50.29 -45.41 -46.80 -145.76 -26.12 -22.99 -19.55 -9.64
EPS in Rs -4.20 -8.18 -8.56 -16.45 -19.57 -16.31 -12.94 -13.27 -41.30 -7.45 -6.50 -5.54 -2.62
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
239 263 360 441 449 469 542 569 626 531 492 526 539
248 245 292 360 439 392 453 465 453 532 626 679 521
Operating Profit -9 18 68 81 10 77 89 104 173 -1 -134 -153 18
OPM % -4% 7% 19% 18% 2% 16% 16% 18% 28% -0% -27% -29% 3%
8 8 4 3 10 10 10 9 14 9 5 4 4
Interest 6 12 12 4 3 2 5 13 10 7 11 8 6
Depreciation 33 38 45 46 48 50 51 66 69 75 81 87 88
Profit before tax -41 -23 15 33 -30 34 42 34 108 -73 -221 -244 -73
Tax % -0% 4% 16% 27% -136% 66% 60% 68% 47% -1% -6% -1%
-41 -24 13 24 11 12 17 11 57 -73 -207 -242 -78
EPS in Rs -17.14 -9.94 5.19 8.05 3.51 3.70 5.35 3.32 18.16 -23.81 -58.71 -68.30 -22.11
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: -1%
3 Years: -6%
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 73%
Stock Price CAGR
10 Years: -1%
5 Years: 22%
3 Years: 0%
1 Year: 39%
Return on Equity
10 Years: -8%
5 Years: -16%
3 Years: -33%
Last Year: -59%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 16 16 24 30 30 31 31 31 31 31 35 35 37
Reserves 113 92 228 485 510 523 547 575 621 550 488 266 274
286 366 298 0 5 38 82 170 63 56 106 63 60
79 87 102 145 132 160 183 203 226 238 304 304 340
Total Liabilities 494 561 652 660 677 752 843 978 941 875 933 668 711
324 352 373 273 267 260 264 339 340 356 420 430 433
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 1 2 3 3 3 3 3 3 12 2 17
169 208 278 384 407 489 576 636 598 515 502 236 261
Total Assets 494 561 652 660 677 752 843 978 941 875 933 668 711

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-6 -6 22 19 37 8 8 50 166 92 40 104
-51 -37 -46 -44 -44 -39 -57 -46 -59 -85 -133 -87
59 42 24 22 8 36 46 -2 -103 -9 148 -56
Net Cash Flow 2 -2 -0 -4 1 4 -3 2 4 -3 55 -39

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 117 143 131 119 93 92 98 122 106 115 113 66
Inventory Days
Days Payable
Cash Conversion Cycle 117 143 131 119 93 92 98 122 106 115 113 66
Working Capital Days 124 128 125 144 122 125 128 155 151 133 68 -55
ROCE % -9% -2% 5% 7% -5% 6% 8% 7% 16% -10% -33% -47%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.38% 54.28% 54.27% 54.28% 54.27% 52.14% 52.12% 52.02% 51.96% 51.89% 51.79% 53.43%
0.17% 0.28% 0.10% 0.07% 0.07% 7.83% 7.98% 9.69% 10.09% 10.06% 10.00% 9.65%
9.77% 8.08% 7.91% 7.91% 7.39% 6.21% 5.94% 5.93% 5.94% 5.91% 5.90% 5.65%
35.67% 37.37% 37.72% 37.75% 38.27% 33.82% 33.96% 32.35% 32.02% 32.13% 32.31% 31.28%
No. of Shareholders 40,18742,34942,85742,58141,37840,89840,92839,93437,39634,92234,72432,505

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Right Issue

Credit ratings

Concalls