Is R Systems International a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that R Systems International Ltd is a good quality company .

Is R Systems International undervalued or overvalued?

The key valuation ratios of R Systems International Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is R Systems International share price return in the past 10 years?

R Systems International Ltd share price has appreciated 25.3% annually (CAGR) over the past ten years.

Is R Systems International a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of R Systems International Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of R Systems International?

The latest standalone P/E ratio of R Systems International as of 28-May-2024 is 30.81.

What is the P/B ratio of R Systems International?

The latest standalone P/B ratio of R Systems International as of 28-May-2024 is 10.32.

What is the 52-week high and low of R Systems International?

The 52-week high of R Systems International is Rs. 599.00 and the 52-week low is Rs. 281.50.

R Systems International Ltd - Stock Valuation and Financial Performance

Name: R Systems International
Brand: R Systems International

BSE: 532735 | NSE: RSYSTEMS | IT - Software | Small Cap

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R Systems Intl. Share Price

₹447.40 3.60 0.81%
as on 28-May'24 15:31

10 Year X-Ray of R Systems Intl.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	TTM
ROCE % ⓘ	20.5%	19.7%	16.4%	7.8%	11.7%	17.3%	22%	31.6%	31.8%	37.4%	-
Value Creation Index ⓘ	0.5	0.4	0.2	-0.4	-0.2	0.2	0.6	1.3	1.3	1.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	208	232	263	264	317	392	439	578	814	904	888
Sales YoY Gr.	-	11.4%	13.5%	0.2%	20.3%	23.5%	12%	31.6%	40.9%	11.1%	-
Adj EPS ⓘ	2.9	2.9	2.8	1.5	2.4	3.9	5.6	9.2	9.8	14.3	14.6
YoY Gr.	-	-0.3%	-3.5%	-47.3%	65.3%	61.7%	41.2%	65.1%	7%	45.7%	-
BVPS (₹) ⓘ	13.7	15.7	17.9	20	21.9	23	28.7	29.9	33	40.8	43.5
Adj Net Profit ⓘ	36.9	36.7	34.4	18.3	30.2	47.3	66.4	108	116	169	172
Cash Flow from Ops. ⓘ	55.1	24.9	32.6	29.9	23	50.9	78.9	57.8	87.1	177	-
Debt/CF from Ops. ⓘ	0	0.1	0.1	0.1	0.1	0.1	0.1	0	0	0.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	17.7%	23.3%	27.3%	11.1%
Adj EPS ⓘ	19.4%	42.5%	37%	45.7%
BVPSⓘ	12.9%	13.3%	12.5%	23.7%
Share Price	25.3%	57.5%	48.2%	57.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	TTM
Return on Equity % ⓘ	20.3	19.7	16.4	7.8	11.7	17.4	21.5	31.1	31.2	38.7	34.6
Op. Profit Mgn % ⓘ	20.2	19.1	19.7	10.7	12.4	14.7	19.6	18.7	19.1	19.9	18.8
Net Profit Mgn % ⓘ	17.7	15.8	13.1	6.9	9.5	12.1	15.1	18.8	14.3	18.7	19.4
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0.1	-
Working Cap Days ⓘ	239	242	225	171	126	121	120	109	93	88	84
Cash Conv. Cycle ⓘ	48	39	37	56	61	50	46	43	41	40	40

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 34.60%

Sales growth is growing at healthy rate in last 3 years 27.25%

Net Profit is growing at healthy rate in last 3 years 37.03%

Sales growth is not so good in last 4 quarters at 3.33%

Latest Financials - R Systems International Ltd.

	Standalone	Consolidated
TTM EPS (₹)	14.6	11.1
TTM Sales (₹ Cr.)	888	1,697
BVPS (₹.) ⓘ	43.5	54
Reserves (₹ Cr.) ⓘ	503	627
P/BV ⓘ	10.32	8.31
PE ⓘ	30.81	40.30

From the Market
52 Week Low / High (₹)	281.50 / 599.00
All Time Low / High (₹)	4.00 / 599.00
Market Cap (₹ Cr.)	5,310
Equity (₹ Cr.)	11.8
Face Value (₹)	1
Industry PE ⓘ	31.3

Management X-Ray of R Systems Intl.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of R Systems Intl.

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of R Systems Intl.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Sales	208	232	263	264	317	392	439	578	814	904
Operating Expenses ⓘ	166	188	212	235	278	334	353	470	663	724
Manufacturing Costs	-11	-4	12	12	8	9	8	6	9	9
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	127	138	162	187	211	264	297	397	553	601
Other Costs ⓘ	51	53	37	36	59	61	48	66	101	114
Operating Profit ⓘ	42	44	52	28	39	58	86	108	151	180
Operating Profit Margin (%)	20.1%	19.0%	19.6%	10.7%	12.4%	14.7%	19.6%	18.6%	18.5%	19.9%
Other Income ⓘ	13	9	12	14	9	15	13	47	7	71
Interest ⓘ	1	0	0	0	0	0	4	4	4	8
Depreciation ⓘ	5	8	7	7	7	9	13	15	20	24
Exceptional Items ⓘ	39	65	5	0	0	0	0	0	0	0
Profit Before Tax ⓘ	89	109	61	34	41	63	82	136	134	218
Tax ⓘ	22	24	20	11	10	12	12	20	21	45
Profit After Tax	67	85	41	23	31	51	70	116	113	173
PAT Margin (%)	32.2%	36.7%	15.7%	8.6%	9.8%	13.1%	15.9%	20.0%	13.8%	19.2%
Adjusted EPS (₹)	5.3	6.7	3.4	1.9	2.5	4.3	5.8	9.8	9.5	14.7
Dividend Payout Ratio (%)	111%	59%	0%	0%	24%	35%	0%	58%	68%	46%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Equity and Liabilities
Shareholders Fund	175	198	220	247	269	275	343	354	390	483
Share Capital ⓘ	13	13	12	12	12	12	12	12	12	12
Reserves ⓘ	162	186	208	234	257	263	331	342	378	471
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1	1	2	2	2	4	2	1	1	57
Long Term Debt	1	1	2	2	2	4	2	1	1	2
Short Term Debt	0	0	0	0	0	0	0	0	0	55
Trade Payables	24	17	16	4	5	5	4	7	7	11
Others Liabilities ⓘ	150	118	115	50	56	76	106	101	148	233
Total Liabilities ⓘ	350	335	353	303	331	359	455	462	547	784
Fixed Assets
Gross Block	84	67	73	80	83	100	138	154	203	209
Accumulated Depreciation	49	44	48	53	58	66	66	78	93	116
Net Fixed Assetsⓘ	35	24	25	26	25	35	73	77	110	93
CWIP ⓘ	0	0	3	0	2	2	0	0	3	0
Investmentsⓘ	74	128	121	117	119	134	115	117	117	373
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	63	50	50	57	62	57	66	84	118	103
Cash Equivalents	94	21	40	74	48	63	100	86	83	113
Others Assetsⓘ	83	111	113	29	76	68	101	99	116	102
Total Assets ⓘ	350	335	353	303	331	359	455	462	547	784

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Cash Flow From Operating Activity ⓘ	55	25	33	30	23	51	79	58	87	177
PBT ⓘ	101	118	61	34	41	63	82	136	134	218
Adjustment ⓘ	-44	-61	-6	3	2	0	7	-18	35	-35
Changes in Working Capital ⓘ	23	-3	-3	6	-8	-3	5	-37	-54	25
Tax Paid ⓘ	-24	-29	-21	-13	-11	-9	-14	-24	-28	-32
Cash Flow From Investing Activity ⓘ	39	39	12	-35	-19	9	-51	42	10	-208
Capex	-7	-6	-11	-6	-11	-13	-11	-19	-29	-13
Net Investments	-9	26	21	-36	-9	17	-40	30	34	13
Others ⓘ	56	19	1	6	1	6	0	31	5	-209
Cash Flow From Financing Activityⓘ	-53	-113	-19	-1	-9	-46	-1	-109	-78	-32
Net Proceeds from Shares ⓘ	1	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	3	0	1	1
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	-2
Dividend Paid ⓘ	-42	-95	0	0	-7	-18	-1	-68	-77	-80
Others ⓘ	-12	-19	-19	0	-2	-28	-3	-41	-2	50
Net Cash Flow ⓘ	42	-49	25	-6	-5	14	26	-9	19	-63

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Ratios
ROE (%)	36.85	45.51	19.7	9.77	12.02	18.94	22.58	33.22	30.29	39.74
ROCE (%)	49.02	58.5	29.24	14.67	15.67	23.09	27.24	39.81	37.02	48.51
Asset Turnover Ratio	0.65	0.68	0.77	0.8	1	1.14	1.08	1.26	1.61	1.36
PAT to CFO Conversion(x)	0.82	0.29	0.8	1.3	0.74	1	1.13	0.5	0.77	1.02
Working Capital Days
Receivable Days	106	89	70	74	68	56	51	47	45	45
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

R Systems International Ltd Stock News

R Systems International Ltd FAQs

What is the share price of R Systems Intl.?

Company share prices are keep on changing according to the market conditions. The closing price of R Systems Intl. on 28-May-2024 15:31 is ₹447.4.

What is the market cap of R Systems Intl.?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-May-2024 15:31 the market cap of R Systems Intl. stood at ₹5,310.1.

What is the P/E ratio of R Systems Intl.?

The latest P/E ratio of R Systems Intl. as of 28-May-2024 15:31 is 30.81.

What is the P/B ratio of R Systems Intl.?

The latest P/B ratio of R Systems Intl. as of 28-May-2024 15:31 is 10.32.

What is the 52-week high and low of R Systems Intl.?

The 52-week high of R Systems Intl. is ₹599.0 and the 52-week low is ₹281.5.

What is the TTM revenue of R Systems Intl.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of R Systems Intl. is ₹888.0 ( Cr.) .

About R Systems International Ltd

R Systems International was founded by Satinder Singh Rekhi in 1993. It is a software product development and BPO services company. It helps companies bring products and services to market quicker by using its proprietary pSuite execution framework. Customers can choose services specific to their needs from R Systems iPLM suite of services. R Systems rapidly growing list of customers include a variety Fortune 1000, government and mid-sized organizations across a wide range of industry verticals including banking and finance, government, healthcare, high technology and independent software vendors.

R Systems maintains five large Centers for Software Excellence, one center in El Dorado Hills, CA, one center in Singapore and the other three in India (Pune, Chennai and Noida). R Systems also has a significant presence in the ASEAN area with its local headquarters in Singapore and seven regional offices. R Systems has multiple delivery centers spread across US (El Dorado Hills, CA & Salt Lake City, UT), Europe (Enschede, Netherlands & Metz, France), India (Noida, Chennai & Pune) and Singapore. Singapore is also its Center for Supply Chain Management (SCM) excellence.

R Systems three delivery centers in India are ISO 9001:2000 and SEI:CMM level 5 certified. In addition, R Systems Noida unit comprising its software development and BPO Divisions is also certified at PCMM Level 3.

Services offered by the company include:

iPLM Services- R Systems understands the need for software product development companies to reduce costs and bring products to market quicker. These companies have partnered with R Systems over the last five years as they work on aggressive time-to-market deadlines. R Systems pSuite framework is designed to provide the right impetus to the efforts of these organizations as they face ever reducing cycle times. The pSuite framework consisting of R Systems best practices, tools and methodologies ensure flawless product delivery. R Systems centers have been SEI CMM level 5 and ISO 9001:2000 certified, ensuring delivery of high quality products that are defect free and on schedule. Read more about iPLM Services
Enterprise Application Services- These solutions can be delivered as Complete off The Shelf (COTS) packages or bespoke custom applications developed to meet very specific and often time unique customer requirements. R Systems uses a refined and proven implementation methodology. This involves identifying the solution required by the customer, assembling the right team, and implementing the solution through a structured Define, Design, Develop and Deploy (4D) methodology. R Systems provides long term solutions with post implementation support plans such as RICE
BPO services
High tech
Healthcare
Financial services
Human resource

R Systems has developed strategic partnerships with the most respected and innovative companies in the technology industry. Through these alliances, R Systems is able to leverage the latest technological advancements and help customers develop unique solutions.

Its strategic alliances are with Microsoft , IBM and Oracle.

Achievements/ recognition:

2011-12
Won the Rajiv Gandhi National Quality Award - 2011 in the â€œLarge Scale Service Industryâ€ category
Ranked as fifth "Best IT Employer" in DataQuest - CMR Best Employer Survey 2012
R Systems has been ranked fifth in the 'Exciting Emerging Companies to Work For survey 2008' conducted by NASSCOM.
R Systems was one of the key sponsors of the 'Best of California-2006' conference. The conference recognizes the efforts and innovations of Government IT professionals.
R Systems has been conferred with the â€œHR Excellence Awardâ€ at the â€œGlobal HR Summit 2006â€ organized by Amity International Business School Noida, on 30 and 31 August 2006 reflecting best HR practices amongst over 500 global companies that were surveyed.
News India -Times ranks R Systems #3 in Software Services in for 2005 amongst Indian-American Companies â€“ Dec 05, 2005