Ramco Systems

Quick check

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• DebtAdequate safetyRated A- by ICRA.
• ResultsProfit fallingIn the Sep 2026 quarter, sales rose 3.5% and profit fell 96% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters buyingThe promoters (founders or parent) own 55%, up from 53% in Sep 2025.
• ValuationNormal for this stockThe share trades at 39.3 times its yearly earnings (P/E), cheaper than 57% of the time in the last 5 years. Its usual P/E is about 73.

Ramco Systems against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)39.3 against a typical 32.6: pricier than most peers (1st = cheapest).36th of 58
• Sales growth+3.5% against a typical +16.4% from a year earlier.32nd of 46
• Profit growth−96.4% against a typical −14.3% from a year earlier.27th of 39
• Share price, 3 months−14.4% against a typical −9.3%.34th of 51
• Size₹ 1,987.7 Cr. market value against a typical ₹ 59.8 Cr. (1st = largest).5th of 56

Exchange filings and their impact on the company.

• 23 Oct 2026Outcome of Board MeetingHigh impactNegativePrice −4.1% on 26 Oct
  Revenue grew modestly but profit collapsed 96% as costs surged.

  Ramco Systems reported Q2 FY27 consolidated revenue of Rs 182 crore, up 3.5% from last year, and H1 revenue of Rs 354.7 crore. But profit collapsed with Q2 net profit of only Rs 0.45 crore versus Rs 12.6 crore a year ago, as other expenses surged and margins fell to around 15% from 22%. The weak earnings and higher product development spend (Rs 35.7 crore rise in work-in-progress) point to much lower profits over the next year despite steady revenue growth.

  Full analysisFiling
• 7 Oct 2026Press ReleaseLow impactPositivePrice +1.9% that day
  Ramco adds a UAE advisory channel to sell its Payce payroll software.

  Ramco Systems' subsidiary Ramco Systems FZ-LLC has partnered with Baker Tilly SM Envoy Consultancy LLC in the UAE to offer Ramco Payce payroll software alongside accounting, tax and advisory services. Baker Tilly will introduce Payce to its clients, while Ramco will handle implementation, hosting and support. The tie-up expands Ramco's UAE reach through a trusted advisor channel but carries no disclosed order value, so near-term financial impact is likely small and gradual.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

P.R.Venketrama Raja

Chairman of the Board

Ramamurthy Ravi Kula Chandran

Chief Financial Officer

Mithun V

Company Secretary and Compliance Officer

P. V. Abinav Ramasubram Raja

Managing Director, Whole-Time Director