Ramco Systems Limited (IN:RAMCOSYS)
:RAMCOSYS
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Ramco Systems Limited
(RAMCOSYS)
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Rating:53Neutral
Price Target:
₹374.00
▼(-34.72% Downside)
Action:ReiteratedDate:02/25/26
The score is held back primarily by weak technicals (price below all key moving averages with soft momentum) and a high P/E valuation. Financial performance is mixed—cash generation and recent revenue improvement help, but persistent net losses and negative ROE keep the overall rating in the low-to-mid range.
Positive Factors
Recurring SaaS and services revenue mix
A diversified revenue model—subscriptions, licensing, implementation, maintenance and managed services—creates multiple recurring cash streams and customer stickiness. This supports predictable revenue over the medium term and enables upsell within enterprise accounts, reducing dependency on one-off deals.
Negative Factors
Persistent net losses and negative ROE
Negative ROE driven by recurring net losses undermines shareholder value creation and constrains reinvestment capacity. Over the medium term, sustained losses can limit strategic options, increase reliance on external funding, and pressure margins if cost structure isn’t realigned to revenue reality.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring SaaS and services revenue mix
A diversified revenue model—subscriptions, licensing, implementation, maintenance and managed services—creates multiple recurring cash streams and customer stickiness. This supports predictable revenue over the medium term and enables upsell within enterprise accounts, reducing dependency on one-off deals.
Read all positive factors
Ramco Systems Limited (RAMCOSYS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹13.79B
Dividend YieldN/A
Average Volume (3M)10.51K
Price to Earnings (P/E)163.1
Beta (1Y)1.53
Revenue Growth20.41%
EPS GrowthN/A
CountryIN
Employees1,767
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.90
Shares Outstanding37,461,643
10 Day Avg. Volume10,296
30 Day Avg. Volume10,514
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)3.84
Price to Sales (P/S)2.05
P/FCF Ratio37.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)7.5
Revenue Forecast (FY)₹7.68B
Ramco Systems Limited Business Overview & Revenue Model
Company Description
Ramco Systems Limited operates as an enterprise software company in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers Ramco Aviation Software, an enterprise-wide maintenance and engineering/maintenance repair ...
How the Company Makes Money
Ramco Systems makes money primarily by licensing and subscribing customers to its enterprise software products and by providing associated services. Key revenue streams typically include: (1) Software subscription and licensing fees: Customers pay...
Ramco Systems Limited Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
60
Neutral
Cash Flow
65
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.49B | 5.91B | 5.26B | 4.92B | 5.31B | 6.26B |
| Gross Profit | 3.09B | 1.50B | 2.49B | 1.91B | 2.51B | 3.58B |
| EBITDA | 1.15B | 646.03M | -1.51B | -1.31B | 80.86M | 1.87B |
| Net Income | 86.76M | -342.48M | -2.42B | -2.07B | -733.59M | 557.77M |
Balance Sheet | ||||||
| Total Assets | 7.04B | 6.69B | 6.68B | 9.33B | 8.75B | 9.41B |
| Cash, Cash Equivalents and Short-Term Investments | 1.06B | 726.39M | 176.94M | 723.85M | 876.71M | 153.41M |
| Total Debt | 487.66M | 541.51M | 627.01M | 1.06B | 555.92M | 628.22M |
| Total Liabilities | 3.76B | 3.49B | 3.53B | 3.97B | 2.91B | 2.86B |
| Stockholders Equity | 3.24B | 3.16B | 3.11B | 5.33B | 5.81B | 6.52B |
Cash Flow | ||||||
| Free Cash Flow | 334.85M | 325.64M | 149.98M | -772.61M | 41.87M | 963.49M |
| Operating Cash Flow | 750.13M | 1.13B | 1.04B | 402.92M | 918.41M | 1.66B |
| Investing Cash Flow | -676.61M | -1.06B | -766.98M | -1.27B | -850.91M | -660.66M |
| Financing Cash Flow | -87.09M | 134.13M | -559.96M | 1.48B | -94.52M | -1.03B |
Ramco Systems Limited Technical Analysis
Negative
572.95
Price Trends
452.01
Negative
517.99
Negative
487.68
Negative
Market Momentum
-29.04
Positive
35.68
Neutral
20.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RAMCOSYS, the sentiment is Negative. The current price of 572.95 is above the 20-day moving average (MA) of 396.80, above the 50-day MA of 452.01, and above the 200-day MA of 487.68, indicating a bearish trend. The MACD of -29.04 indicates Positive momentum. The RSI at 35.68 is Neutral, neither overbought nor oversold. The STOCH value of 20.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RAMCOSYS.
Ramco Systems Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹421.26B | 30.05 | ― | 1.94% | 8.73% | 11.33% | |
69 Neutral | ₹824.77B | 55.70 | ― | 0.55% | 23.27% | 33.09% | |
62 Neutral | ₹91.87B | 118.88 | ― | 0.69% | 15.87% | 39.55% | |
62 Neutral | ₹1.28T | 46.27 | ― | 1.08% | 8.72% | 4.54% | |
62 Neutral | ₹123.80B | 19.99 | ― | 1.75% | 9.16% | 7.77% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | ₹13.79B | 163.07 | ― | ― | 20.41% | ― |
* Technology Sector Average
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Ramco Systems Limited Corporate Events
Ramco Systems Says No Undisclosed Price-Sensitive Information Behind Share Price Surge
Feb 6, 2026
Ramco Systems Limited has responded to a query from the National Stock Exchange of India regarding a recent sharp movement in its share price, stating that it has been consistently disclosing all events and material information that could affect i...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.