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Ramco Systems Limited

Ramco Systems Limited

NSE: RAMCOSYS
Software - ApplicationTechnologySMALL CAPMCap ₹2.04k Cr
₹542.90₹5.45 (+1.01%)

Market Closed • NSE

Market cap₹2.04k Cr
Enterprise value₹1.93k Cr
P/E TTM49.04
Forward P/E30.33
P/B5.80
EPS TTM₹11.07
Forward EPS₹17.90
ROCE19.70%
D/E0.12
Dividend yield0.00%
Face value₹10.00
52W high₹967.50
52W low₹342.10
Price chart(1Y)
1Y Return:-3.44% (₹19.35)
H: ₹967.5L: ₹478.05
1W-2.23%
1M-11.09%
3M-33.52%
6M+23.85%
1Y-4.02%
Today at a glance

Day range

₹529.25₹546.70

52 week range

₹342.10₹967.50
Volume53.4K1.06x 20D avg
Free float50.00%+5.80% volume

Ramco Systems Limited closed at INR542.90 (+1.01%) on volume 1.06x its 20-day average, trading 43.89% below its 52-week high.

Technical analysis
RSI (14)40.8Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹22.49High
SMA 20₹567.78BEARISH
SMA 50₹581.98BEARISH
SMA 100₹618.57BEARISH
SMA 200₹535.50BULLISH
CPR bottom₹556.27
Pivot₹550.00
CPR top₹543.73
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -97.8% QoQ

2022-08-01

AGM Announced

Annual General Meeting

2021-08-10

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹43.0 Cr₹2.04k Cr2.10%≤ 33%PASS
Non-halal income ratio–₹701.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹745.0 Cr—≥ 20%PASS
Receivables ratio–₹745.0 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E49.0422.80
Forward P/E30.33—
P/B5.803.70
EV/EBITDA12.1018.00
PEG—2.10
Earnings yield2.004.40
Growth & profitability
RevenuePAT
FY21PAT margin 9.10%
FY22PAT margin -13.70%
FY23PAT margin -42.10%
FY24PAT margin -46.00%
FY25PAT margin -5.80%
FY26PAT margin 6.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+12.50%
Revenue CAGR 5Y+2.30%
PAT CAGR 3Y—
PAT CAGR 5Y-5.90%
Operating margin2.37%
Net margin5.83%
Financial health & cash flow
Net debt₹43.0 CrHealthy
Interest coverage32.00xEBIT / interest
CFO / PAT3.19x3Y average
Net debt / EBITDA0.27xLeverage
Operating cash flow₹134.0 Cr
Capital expenditure–
Free cash flow₹134.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall75/100
Valuation50/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 19.7%

Low Debt Profile: Debt-to-Equity is comfortable at 0.12x

High Cash Flow Conversion: CFO/PAT averaged 3.19x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Software - Application.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
12.05%Institutional holding
32.27%Public holding
5Periods available
0.00%Promoter pledged
27.99KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—01 Aug 2022
—Annual General MeetingAnnual General Meeting—10 Aug 2021
—Annual General MeetingAnnual General Meeting—27 Aug 2020
—Annual General MeetingAnnual General Meeting—04 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)52.50%-2.82% latest vs average
Highest delivery63.68%on 22 Sept
Average volume (20D)54.0KTrading-session average
Conviction trendWeakening-2.82% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹7.80L15.662.31%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.15L13.945.02%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.29L18.935.10%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.61L12.915.05%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.34L26.183.41%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.21L23.091.92%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.19L65.340.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.05L163.440.00%₹2,264.00₹184.00+18.41%+134.07%
About Ramco Systems Limited
Ramco Systems Limited

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

IndiaTechnology

Questions investors ask
Is Ramco Systems Limited Shariah compliant?

Ramco Systems Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.1%) complies with AAOIFI threshold (≤ 33%).

What is Ramco Systems Limited's current valuation relative to peers?

Ramco Systems Limited trades at a P/E of 49.0x compared to the sector median of 22.8x, and a Price-to-Book of 5.8x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.12x and a Net Debt to EBITDA ratio of 0.27x. Interest coverage is 32x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.3% while net profit growth averaged -5.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-09. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.