Financials Ramco Systems Limited

Stocks

Market Closed - NSE India S.E. 07:05:09 2026-08-20 EDT			5-day change	1st Jan Change
552.35 ^INR	-0.01%		-10.90%	-2.67%

07-30	Ramco Systems Limited Deploys Payroll Managed Services for Aurecon Group Pty Ltd	CI
07-29	Cfs Aero Selects Ramco Systems Limited Aviation Software	CI

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	5,311	4,922	5,258	5,913	7,010	7,650	8,550
Change	-	-7.32%	6.83%	12.46%	18.54%	9.14%	11.76%
EBITDA ¹	-	-1,354	-1,544	756.4	1,585	1,539	1,816
Change	-	-	-14.03%	148.98%	109.54%	-2.89%	18%
EBIT ¹	-	-2,162	-2,416	-271.4	671.3	637	991
Change	-	-	-11.74%	88.77%	347.34%	-5.11%	55.57%
Interest Paid ¹	-54.19	-99.51	-62.23	-49.25	-40.21	-41	-46
Earnings before Tax (EBT) ¹	-	-2,207	-2,437	-265.4	488.6	590	827
Change	-	-	-10.45%	89.11%	284.09%	20.75%	40.17%
Net income ¹	-	-2,068	-2,419	-342.5	418.4	531	866
Change	-	-	-16.97%	85.84%	222.17%	26.91%	63.09%
Announcement Date	5/19/22	5/17/23	5/21/24	5/21/25	5/21/26	-	-

¹INR in Million

Estimates

Fiscal Period: March	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	1,404	1,407	1,260	1,239	1,199	1,186	1,275	1,262	-	1,268	1,283	1,312	1,370	1,425	1,566	1,613	1,758	-	1,854	1,728	1,925
Change	-	0.19%	-10.43%	-1.68%	-3.23%	-1.11%	7.51%	-1.01%	-	-	1.13%	2.3%	4.4%	4.04%	9.88%	3.02%	8.96%	-	-	-6.79%	11.42%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	-70.67	-138.1	-274.1	-290.4	-499.5	-607.8	-493.7	-561.4	-	-1,481	-257.7	-206.1	-181	-62.48	-88.36	68.12	165.4	-	220.2	22.14	148
Change	-	-95.4%	-98.49%	-5.95%	-71.99%	-21.69%	18.77%	-13.7%	-	-	82.6%	20%	12.22%	65.47%	-41.42%	177.09%	142.75%	-	-	-89.94%	568.47%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-89.25	-129	-251.6	-263.8	-506.8	-603.2	-502.7	-455.6	-467.6	-1,458	-263.5	-230.1	-196.5	-97.39	-101.7	9.41	125.9	32.59	-	-	126
Change	-	-44.54%	-95.02%	-4.85%	-92.16%	-19%	16.65%	9.37%	-2.63%	-211.79%	81.93%	12.69%	14.59%	50.44%	-4.39%	109.26%	1,238.26%	-74.12%	-	-	-
Announcement Date	7/28/21	10/27/21	2/12/22	5/19/22	7/26/22	11/7/22	2/1/23	5/17/23	8/7/23	10/30/23	2/7/24	5/21/24	7/24/24	11/8/24	2/5/25	8/8/25	11/4/25	1/28/26	5/21/26	7/23/26	-

¹INR in Million

Estimates

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
Announcement Date	5/19/22	5/17/23	5/21/24	5/21/25	5/21/26	-	-

Estimates

Fiscal Period: March	2022	2024	2025	2026	2027	2028
CAPEX ¹	876.5	-	1,070	496.9	886	835
Change	-	-	-	-53.56%	78.31%	-5.76%
Free Cash Flow (FCF) ¹	41.87	250.3	63.63	847.6	701	1,237
Change	-	-	-74.58%	1,232.09%	-17.3%	76.46%
Announcement Date	5/19/22	5/21/24	5/21/25	5/21/26	-	-

¹INR in Million

Estimates

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-27.51%	-29.36%	12.79%	22.61%	20.12%	21.24%
EBIT Margin (%)	-	-43.93%	-45.95%	-4.59%	9.58%	8.33%	11.59%
EBT Margin (%)	-	-44.83%	-46.35%	-4.49%	6.97%	7.71%	9.67%
Net margin (%)	-	-42.02%	-46.01%	-5.79%	5.97%	6.94%	10.13%
FCF margin (%)	0.79%	-	4.76%	1.08%	12.09%	9.16%	14.47%
FCF / Net Income (%)	-	-	-10.35%	-18.58%	202.58%	132.02%	142.84%
Profitability
ROA	-	-	-	-	-	-	-
ROE	-11.9%	-37.14%	-57.3%	-10.92%	12.57%	15.7%	13.8%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	16.5%	-	-	18.09%	7.09%	11.58%	9.77%
CAPEX / EBITDA (%)	-	-	-	141.45%	31.35%	57.57%	45.98%
CAPEX / FCF (%)	2,093.48%	-	-	1,681.35%	58.62%	126.39%	67.5%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
Book Value Per Share ¹	-	151.2	87.82	84.62	93.33	107.2	130.2
Change	-	-	-41.91%	-3.65%	10.3%	14.86%	21.46%
EPS ¹	-23.87	-65.6	-68.51	-9.35	11.15	14.1	23
Change	-	-174.82%	-4.44%	86.35%	219.25%	26.46%	63.12%
Nbr of stocks (in thousands)	30,814	35,228	35,420	37,282	37,462	37,584	37,584
Announcement Date	5/19/22	5/17/23	5/21/24	5/21/25	5/21/26	-	-