| Revenue growth | ₹601.7 Cr, up 30.2% YoY; organic growth remains consistently positive. |
|---|---|
| Margins | Adjusted EBITDA at 20.1%, up from 17.3% last year. |
| Order book | ACV bookings reached $82.9M, indicating steady long-term demand visibility. |
| Demand visibility | Strong pipeline for AI-led transformation and GIC/GCC services. |
| Management confidence | High confidence in AI-led differentiation and strategic market positioning. |
Growth
Revenue grew 30.2% YoY (17.7% in USD), supported by volume growth and the Novego acquisition integration.
Outlook
EBITDA margins are targeted to sustain in the 18-18.x% range while investing heavily in AI initiatives.
Risks
One-time currency hedging benefits from Q1 did not recur, causing a 17.1% QoQ decline in adjusted PAT.
Last quarter's promises, checked
Delivered
- Guided 18-19% adj EBITDA sustainable → delivered 20.1% (= BEAT)
Partly delivered
- Guided CC growth 3-4% (tracked, not formal guidance) → CC growth not disclosed; USD growth 17.7% incl. Novigo and FX (= PARTIAL)
Missed
- Guided normalized ETR 28-29% → delivered ~31% (= MISS)
Earnings Call Transcript filed with NSE, NSE: RSYSTEMS. Summary written with AI assistance from the document.
R Systems International Ltd: key numbers
- Share price
- ₹250.85
- Market cap
- ₹2,972 Cr
- Revenue (annual)
- ₹1,958 Cr
- Net profit (annual)
- ₹186.2 Cr
- P/E (TTM)
- 15.4×Sector 23.5×
- Promoter holding
- 51.84%-0.01% QoQ
- FII holding
- 3.92%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from R Systems International Ltd
All →R Systems International Board Meeting Date
R Systems International will hold a board meeting on 3 November 2026 to consider quarterly and nine-month results to September 2026. The trading window remains closed until 48 hours after the results are declared.
R Systems International Management Change
R Systems appointed Vikas Basra as Senior Management Personnel, Chief AI Officer, effective 26 October 2026. He brings over 24 years of technology and AI leadership experience.
- Execution
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R Systems International Other Announcement
R Systems International Ltd has submitted its quarterly shareholding pattern for the quarter ended September 30, 2026, as required under SEBI regulations.
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ICRA Limited has reaffirmed the issuer rating of R Systems International Limited as [ICRA]AA-(Stable).
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- Value
- ₹6.76 Cr
R Systems International Management Change
R Systems International Limited has appointed Mr. Gurprit Singh as the Company Secretary and Compliance Officer, effective September 25, 2026.