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Investor Presentation

R Systems International Investor Presentation: Key Takeaways

R Systems delivered a record Q2 with revenue crossing ₹600 Cr, driven by AI monetization and GCC services. Management reported strong EBITDA margins of 20.1% despite biannual wage hikes.

Highlights
Revenue growth30.2% YoY in INR; 17.7% in USD for Q2.
MarginsEBITDA margin improved to 20.1% from 17.3% YoY.
Order bookStrong AI-led wins; ACV growing on trailing 12-month basis.
Demand visibilityTrailing 12-month ACV bookings at $82.9 million.
Management confidenceHigh, citing record EBITDA and strong AI-led deal pipeline.

Growth

Q2 Revenue grew 30.2% YoY to ₹601.7 Cr; Adjusted PAT rose 35.4% YoY to ₹62.9 Cr.

Outlook

Targets sustainable 18-19% adjusted EBITDA; focus on transitioning pipeline to revenue via AI-led transformation projects.

Risks

Forex volatility and rupee appreciation are headwinds; geopolitical issues in Middle East affect Novigo's regional performance.

Last quarter's promises, checked

Delivered

  • Guided 17%+ margins → delivered 20.1% (= BEAT)
  • Guided 19% margin floor (ex-forex) → delivered 19% (= BEAT)
  • Promised AI studio launch → delivered EXIQO launch (= BEAT)

Partly delivered

  • Guided Novigo revenue $21-22M → delivered Q1 degrowth (= PARTIAL)
Source

Investor Presentation filed with BSE, NSE: RSYSTEMS. Summary written with AI assistance from the document.

Read the document ↗

R Systems International Ltd: key numbers

Share price
₹235.62
Market cap
₹2,792 Cr
Revenue (annual)
₹1,958 Cr
Net profit (annual)
₹186.2 Cr
P/E (TTM)
14.5×Sector 22.1×
Promoter holding
51.85%+0.00% QoQ
FII holding
3.83%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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