R Systems International Limited
R Systems International Limited, a digital product engineering company, designs and builds chip-to-cloud software products and platforms. It provides information technology and business process outsourcing services. The company also offers modernization solutions, such as legacy system and cloud modernization, hyper automation and managed services, and data and AI; and Cloud and DevOps solutions, including cloud migration and modernization, DevSecOps, CloudOps, FinOps, IoT, and AWS well-architected services; and chaos engineering integrated disaster recovery (DRaaS) models. In addition, it provides digital product engineering solutions that include cloud and DevOps, data and AI, automation and digital Ops, quality engineering, and mobile experience design; data and AI services comprising data strategy and architecture, data stack modernization, generative AI, business intelligence and data visualization, data product development, AI and ML, MLOps, and agentic AI; and automation and No-Code solutions. Further, the company offers embedded firmware services, including low level embedded system development and bottom layer, system software, middleware, and application engineering services, and pre and post silicon verification and validation; quality engineering services comprising comprehensive system, API and backend, and user acceptance testing, specialized testing protocols, test automation and optimization, performance testing excellence, and TOP testing suite; and mobile experience design services. Additionally, it provides enterprise packaged software and iPaaS services, such as advisory consulting, implementation and customization, cloud migration, upgrades, data migration and integration, analytics and reporting, and maintenance, support, and managed services. The company was incorporated in 1993 and is based in Greater Noida, India. R Systems International Limited is a subsidiary of BCP Asia II Topco II Pte. Ltd.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Jun has averaged the highest return (+15.1%); Feb the lowest (-16.4%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.2%Negative MonthJan 2026: -6.22% | -23.5%Negative MonthFeb 2026: -23.50% | -19.4%Negative MonthMar 2026: -19.45% | +12.5%Positive MonthApr 2026: +12.50% | +2.6%Positive MonthMay 2026: +2.63% | -12.7%Negative MonthJun 2026: -12.74% | +8.3%*Positive MonthJul 2026: +8.26% | β | β | β | β | β |
| 2025 | -8.9%Negative MonthJan 2025: -8.87% | -25.3%Negative MonthFeb 2025: -25.33% | +3.4%Positive MonthMar 2025: +3.37% | -3.9%Negative MonthApr 2025: -3.91% | +16.6%Positive MonthMay 2025: +16.59% | +25.3%Positive MonthJun 2025: +25.34% | -8.8%Negative MonthJul 2025: -8.76% | +10.2%Positive MonthAug 2025: +10.18% | -13.2%Negative MonthSep 2025: -13.20% | +6.5%Positive MonthOct 2025: +6.48% | -6.6%Negative MonthNov 2025: -6.57% | +1.2%Neutral MonthDec 2025: +1.23% |
| 2024 | -6.3%Negative MonthJan 2024: -6.28% | -9.5%Negative MonthFeb 2024: -9.55% | -5.2%Negative MonthMar 2024: -5.17% | +3.5%Positive MonthApr 2024: +3.48% | -3.5%Negative MonthMay 2024: -3.52% | +20.9%Positive MonthJun 2024: +20.87% | -10.5%Negative MonthJul 2024: -10.54% | +9.2%Positive MonthAug 2024: +9.16% | -8.1%Negative MonthSep 2024: -8.08% | +1.6%Neutral MonthOct 2024: +1.57% | +1.5%Neutral MonthNov 2024: +1.54% | -5.6%Negative MonthDec 2024: -5.62% |
| 2023 | -3.8%Negative MonthJan 2023: -3.82% | +2.1%Positive MonthFeb 2023: +2.07% | +2.3%Positive MonthMar 2023: +2.27% | -0.8%Neutral MonthApr 2023: -0.82% | +13.7%Positive MonthMay 2023: +13.65% | +45.5%Positive MonthJun 2023: +45.49% | +10.4%Positive MonthJul 2023: +10.39% | +5.1%Positive MonthAug 2023: +5.12% | +3.7%Positive MonthSep 2023: +3.72% | -1.0%Neutral MonthOct 2023: -0.95% | -3.4%Negative MonthNov 2023: -3.36% | +14.0%Positive MonthDec 2023: +13.99% |
| 2022 | -6.7%Negative MonthJan 2022: -6.69% | -25.5%Negative MonthFeb 2022: -25.51% | +12.3%Positive MonthMar 2022: +12.30% | -0.9%Neutral MonthApr 2022: -0.93% | -8.9%Negative MonthMay 2022: -8.87% | -2.7%Negative MonthJun 2022: -2.67% | +7.9%Positive MonthJul 2022: +7.88% | -4.6%Negative MonthAug 2022: -4.60% | -0.1%Neutral MonthSep 2022: -0.11% | +3.1%Positive MonthOct 2022: +3.08% | +7.7%Positive MonthNov 2022: +7.72% | -0.1%Neutral MonthDec 2022: -0.12% |
| 2021 | β | β | β | β | β | +14.4%Positive MonthJun 2021: +14.40% | +33.3%Positive MonthJul 2021: +33.26% | -2.5%Negative MonthAug 2021: -2.46% | +6.8%Positive MonthSep 2021: +6.76% | +2.5%Positive MonthOct 2021: +2.50% | +42.7%Positive MonthNov 2021: +42.68% | +3.8%Positive MonthDec 2021: +3.76% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | β | β | β | β | β | β | β | β |
| Mar 2024 | βΉ911.00 Cr | β | βΉ149.00 Cr | β | β | β | 0.8% | -13.9% |
| Mar 2023 | βΉ904.00 Cr | β | βΉ173.00 Cr | β | β | β | 11.1% | 53.1% |
| Mar 2022 | βΉ814.00 Cr | β | βΉ113.00 Cr | β | β | β | 40.8% | -2.6% |
| Mar 2021 | βΉ578.00 Cr | β | βΉ116.00 Cr | β | β | β | 31.7% | 65.7% |
| Mar 2020 | βΉ439.00 Cr | β | βΉ70.00 Cr | β | β | β | 12.0% | 34.6% |
| Mar 2019 | βΉ392.00 Cr | β | βΉ52.00 Cr | β | β | β | 23.7% | 67.7% |
| Mar 2018 | βΉ317.00 Cr | β | βΉ31.00 Cr | β | β | β | 20.1% | 34.8% |
| Mar 2017 | βΉ264.00 Cr | β | βΉ23.00 Cr | β | β | β | 0.4% | -43.9% |
| Mar 2016 | βΉ263.00 Cr | β | βΉ41.00 Cr | β | β | β | -9.0% | -54.9% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 291 | 289 | 263 | 264 | 317 | 392 | 439 | 578 | 814 | 904 | 911 | 1,101 |
| Total Expenses | 235 | 236 | 211 | 235 | 278 | 334 | 353 | 470 | 663 | 724 | 738 | 875 |
| EBIT / Operating Profit | 56 | 54 | 52 | 28 | 39 | 58 | 86 | 108 | 151 | 180 | 173 | 226 |
| OPM % | 19 | 19 | 20 | 11 | 12 | 15 | 20 | 19 | 19 | 20 | 19 | 21 |
| Other Income | 53 | 74 | 17 | 14 | 9 | 15 | 13 | 47 | 7 | 71 | 46 | 83 |
| Finance Costs | 1 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 4 | 8 | 8 | 14 |
| Depreciation & Amortisation | 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 | 15 | 15 | 16 | 20 | 21 | 19 |
| Net Profit / PAT | 75 | 91 | 41 | 23 | 31 | 52 | 70 | 116 | 113 | 173 | 149 | 223 |
| EPS (βΉ) | 5.89 | 7.14 | 3.33 | 1.84 | 2.50 | 4.28 | 5.83 | 9.78 | 9.53 | 14.66 | 12.56 | 18.82 |
| Dividend Payout % | 99 | 55 | 0 | 0 | 24 | 35 | 0 | 58 | 68 | 46 | 100 | 0 |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| R Systems International Limitedthis co. | βΉ4.56 K Cr | βΉ1.10 K Cr | 19.30 | 8.23 | 0.00 | 20.9% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |
