R Systems International Ltd
About
R Systems International is a digital engineering company committed to ensuring higher revenues and operational efficiency for its clients. With expertise in cloud, artificial intelligence, data, and customer experience, R Systems caters to industries like technology and internet, manufacturing and logistics, automotive, telecom, media and entertainment, healthcare, and banking and financial services, among others. Its offerings, like DevOps, cloud, digital product engineering, automation and digital ops, data and AI, mobile experience design, and more, are used by tech-based companies, including internet companies, independent software vendors, and those that offer software as a service (SaaS). The company works with partners like Google, Salesforce, Amazon Web Services (AWS), and Microsoft across 18 development centres and 25 other offices in Asia Pacific, Europe, and North America.
Featured In Fortune India Ranking
Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1696 11.1% | 1526 27.4% | 1198 32.7% | 902 9.4% | 825 14.7% | 719 18.1% | 609 0.5% | 606 -10.3% | 675 -1.1% | 683 13.6% | 601 27.8% | 470 13.2% | 415 40.1% | 296 -11.7% | 336 -8.0% | 365 - |
| Net Operating Income (INR Cr) | 1685 11.13% | 1516 31.17% | 1156 31.23% | 881 8.80% | 809 15.64% | 700 18.10% | 593 0.75% | 588 -2.78% | 605 -6.70% | 649 8.80% | 596 28.18% | 465 13.56% | 410 40.94% | 291 -11.29% | 328 -8.87% | 359 45.47% |
| Profit (INR Cr) | 140 0.3% | 140 -1.2% | 141 72.9% | 82 40.7% | 58 13.9% | 51 126.6% | 23 -58.0% | 54 -45.1% | 98 25.2% | 78 48.3% | 53 187.0% | 18 11.2% | 17 -1.6% | 17 117.4% | 8 -72.4% | 28 - |
| Assets (INR Cr) | 1013 57.2% | 644 19.8% | 538 4.5% | 515 39.1% | 370 10.0% | 336 19.1% | 282 -4.3% | 295 13.2% | 261 16.3% | 224 -7.0% | 241 18.7% | 203 -4.6% | 213 17.6% | 181 7.3% | 169 -3.5% | 175 - |
| Net Worth (INR Cr) | 611 12.1% | 545 18.5% | 460 7.8% | 427 26.2% | 338 4.7% | 323 19.2% | 271 -2.6% | 278 14.5% | 243 14.0% | 213 -8.1% | 232 19.1% | 195 -2.0% | 199 10.2% | 180 7.7% | 167 -2.5% | 172 20.4% |
| Employee Cost (INR Cr) | 1134 11.2% | 1019 30.7% | 780 27.5% | 612 12.0% | 546 15.1% | 474 13.7% | 417 9.9% | 380 4.1% | 365 -7.3% | 394 10.1% | 357 14.3% | 313 19.2% | 262 37.3% | 191 -5.9% | 203 -6.2% | 216 - |
| Interest Cost (INR Cr) | 9 | 5 | 5 | 6 | 2 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Cash & Bank Balance (INR Cr) | 252 | 231 | 228 | 251 | 147 | 136 | 151 | 114 | 85 | 136 | 101 | 81 | 83 | 96 | 87 | 64 |
| Total Debt (INR Cr) | 131 | 77 | 58 | 23 | 6 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 8.3% | 9.2% | 11.8% | 9.1% | 7.1% | 7.1% | 3.7% | 8.9% | 14.5% | 11.5% | 8.8% | 3.9% | 4.0% | 5.7% | 2.3% | 7.7% |
| Profit As % Of Assets | 13.8% | 21.7% | 26.3% | 15.9% | 15.7% | 15.2% | 8.0% | 18.2% | 37.6% | 34.9% | 21.9% | 9.0% | 7.8% | 9.3% | 4.6% | 16.0% |
| Profit As % Of Networth | 22.9% | 25.6% | 30.7% | 19.2% | 17.2% | 15.8% | 8.3% | 19.3% | 40.3% | 36.7% | 22.7% | 9.4% | 8.3% | 9.3% | 4.6% | 16.3% |
| Interest Cost to EBITDA % | 3.6% | 2.5% | 3.1% | 5.4% | 2.2% | 0.5% | 1.2% | 1.1% | 1.3% | 1.2% | 1.0% | 1.9% | 2.8% | 3.1% | 6.1% | 3.3% |
| Debt to Equity Ratio | 0.21 | 0.14 | 0.13 | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| RONW | 24.2% | 27.8% | 31.9% | 21.4% | 17.6% | 17.2% | 8.2% | 20.6% | 22.7% | 27.4% | 24.7% | 9.3% | 8.7% | 9.7% | 4.6% | 17.8% |
| ROCE | 29.5% | 29.6% | 33.3% | 23.0% | 20.8% | 20.4% | 12.4% | 27.5% | 28.2% | 38.1% | 32.7% | 14.2% | 11.0% | 8.7% | 6.7% | 19.6% |