Ramco Systems Ltd
NSE:RAMCOSYS

Watchlist Manager
Ramco Systems Ltd Logo
Ramco Systems Ltd
NSE:RAMCOSYS
Watchlist
Price: 602.35 INR 0.51% Market Closed
Market Cap: 22.5B INR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+33%
5Y
+11%
10Y
+60%
Operating Income
+
3Y
-
5Y
-75%
10Y
-47%
Net Income
+
3Y
-
5Y
-72%
10Y
-59%

Earnings Waterfall
Ramco Systems Ltd

Revenue
6.5B INR
Cost of Revenue
-18.6m INR
Gross Profit
6.5B INR
Operating Expenses
-6.3B INR
Operating Income
160.3m INR
Other Expenses
-73.6m INR
Net Income
86.8m INR

Income Statement
Ramco Systems Ltd

Rotate your device to view
Income Statement
Currency: INR
Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
130
144
161
177
182
176
178
180
182
176
154
131
119
0
0
0
135
0
0
0
25
0
0
0
58
0
0
0
111
0
0
0
119
0
0
0
35
0
0
0
10
0
0
0
12
0
0
0
41
0
0
0
120
0
0
0
86
0
0
0
53
0
0
0
95
0
0
0
61
0
0
0
49
0
0
Revenue
2 667
N/A
2 646
-1%
2 615
-1%
2 610
0%
1 953
-25%
1 762
-10%
1 770
+0%
1 808
+2%
1 877
+4%
1 912
+2%
1 788
-6%
1 704
-5%
1 680
-1%
1 690
+1%
1 769
+5%
1 909
+8%
2 041
+7%
2 145
+5%
2 156
+1%
2 267
+5%
2 230
-2%
2 134
-4%
2 202
+3%
2 211
+0%
2 393
+8%
2 535
+6%
2 575
+2%
2 590
+1%
2 631
+2%
2 806
+7%
3 044
+8%
3 327
+9%
3 605
+8%
3 858
+7%
4 045
+5%
4 218
+4%
4 410
+5%
4 485
+2%
4 554
+2%
4 551
0%
4 492
-1%
4 499
+0%
4 526
+1%
4 650
+3%
4 692
+1%
4 845
+3%
5 008
+3%
5 193
+4%
5 421
+4%
5 562
+3%
5 740
+3%
5 775
+1%
5 689
-1%
5 745
+1%
5 850
+2%
6 093
+4%
6 263
+3%
6 215
-1%
6 024
-3%
5 571
-8%
5 311
-5%
5 106
-4%
4 885
-4%
4 899
+0%
4 922
+0%
5 118
+4%
5 201
+2%
5 208
+0%
5 258
+1%
5 233
0%
5 390
+3%
5 673
+5%
5 913
+4%
6 157
+4%
6 489
+5%
Gross Profit
Cost of Revenue
(430)
(429)
(438)
(458)
(67)
(64)
(63)
(42)
(54)
(46)
(43)
(40)
(97)
(24)
(13)
(12)
(22)
(18)
(23)
(30)
(29)
(14)
(35)
(66)
(96)
(80)
(56)
(25)
(38)
(34)
(37)
(30)
(34)
(9)
(7)
(9)
(37)
(25)
(27)
(25)
(68)
(38)
(34)
(33)
(330)
(13)
(30)
(30)
(338)
(22)
(7)
(11)
(354)
(8)
(11)
(15)
(399)
(61)
(57)
(52)
(443)
(9)
(15)
(14)
(524)
(21)
(20)
(29)
(490)
(25)
(22)
(9)
(424)
(3)
(19)
Gross Profit
2 237
N/A
2 217
-1%
2 177
-2%
2 152
-1%
1 886
-12%
1 698
-10%
1 708
+1%
1 766
+3%
1 823
+3%
1 865
+2%
1 745
-6%
1 664
-5%
1 584
-5%
1 665
+5%
1 757
+6%
1 897
+8%
2 019
+6%
2 127
+5%
2 133
+0%
2 237
+5%
2 201
-2%
2 120
-4%
2 167
+2%
2 146
-1%
2 297
+7%
2 455
+7%
2 519
+3%
2 564
+2%
2 593
+1%
2 772
+7%
3 007
+8%
3 297
+10%
3 571
+8%
3 849
+8%
4 039
+5%
4 209
+4%
4 372
+4%
4 460
+2%
4 528
+2%
4 526
0%
4 424
-2%
4 460
+1%
4 492
+1%
4 616
+3%
4 362
-6%
4 832
+11%
4 978
+3%
5 162
+4%
5 084
-2%
5 540
+9%
5 733
+3%
5 764
+1%
5 335
-7%
5 737
+8%
5 840
+2%
6 078
+4%
5 864
-4%
6 154
+5%
5 967
-3%
5 519
-8%
4 868
-12%
5 097
+5%
4 870
-4%
4 885
+0%
4 399
-10%
5 097
+16%
5 181
+2%
5 180
0%
4 768
-8%
5 208
+9%
5 367
+3%
5 664
+6%
5 489
-3%
6 154
+12%
6 471
+5%
Operating Income
Operating Expenses
(2 517)
(2 470)
(2 375)
(2 454)
(2 269)
(2 211)
(2 223)
(2 154)
(2 097)
(2 047)
(1 940)
(1 775)
(1 508)
(1 592)
(1 686)
(1 824)
(1 936)
(2 049)
(2 091)
(2 172)
(2 405)
(2 480)
(2 642)
(2 733)
(2 724)
(2 816)
(2 842)
(2 858)
(2 797)
(2 888)
(2 974)
(3 127)
(3 305)
(3 564)
(3 739)
(3 890)
(4 095)
(4 163)
(4 285)
(4 424)
(4 704)
(4 914)
(4 779)
(4 752)
(4 121)
(4 382)
(4 676)
(4 835)
(4 673)
(5 106)
(5 172)
(5 156)
(5 034)
(5 204)
(5 188)
(5 225)
(4 923)
(5 555)
(5 747)
(5 952)
(5 622)
(6 289)
(6 575)
(6 825)
(6 519)
(7 152)
(8 079)
(7 884)
(7 035)
(7 205)
(5 975)
(6 060)
(5 507)
(6 198)
(6 311)
Selling, General & Administrative
(2 294)
(2 244)
(2 146)
(2 221)
(2 028)
(1 964)
(1 969)
(1 894)
(1 792)
(1 791)
(1 694)
(1 540)
(1 253)
(1 180)
(1 075)
(973)
(1 665)
(1 185)
(1 220)
(1 309)
(2 092)
(1 244)
(1 329)
(1 392)
(2 376)
(1 414)
(1 402)
(1 348)
(2 465)
(1 380)
(1 438)
(1 529)
(2 840)
(1 737)
(1 807)
(1 868)
(3 613)
(1 996)
(2 008)
(2 063)
(4 205)
(2 567)
(2 918)
(3 385)
(3 598)
(3 879)
(4 171)
(4 327)
(4 115)
(4 556)
(4 587)
(4 532)
(4 302)
(4 529)
(4 504)
(4 539)
(4 170)
(4 851)
(5 027)
(5 214)
(4 766)
(4 835)
(4 379)
(3 954)
(5 617)
(3 628)
(4 651)
(4 530)
(6 160)
(4 597)
(3 489)
(3 453)
(4 665)
(3 586)
(4 184)
Depreciation & Amortization
(223)
(226)
(229)
(234)
(242)
(247)
(254)
(260)
(264)
(256)
(246)
(236)
(225)
(230)
(236)
(241)
(248)
(255)
(263)
(272)
(280)
(290)
(300)
(316)
(331)
(401)
(416)
(426)
(377)
(393)
(412)
(428)
(449)
(453)
(454)
(458)
(462)
(467)
(471)
(475)
(479)
(483)
(490)
(496)
(503)
(502)
(506)
(508)
(511)
(550)
(584)
(624)
(665)
(674)
(684)
(686)
(692)
(704)
(720)
(738)
(749)
(760)
(774)
(792)
(801)
(832)
(843)
(848)
(845)
(871)
(885)
(900)
(821)
(1 035)
(1 035)
Other Operating Expenses
0
0
0
0
(0)
0
0
0
(41)
0
0
0
(31)
(183)
(375)
(609)
(24)
(609)
(608)
(591)
(34)
(946)
(1 013)
(1 026)
(18)
(1 001)
(1 025)
(1 084)
44
(1 115)
(1 124)
(1 170)
(16)
(1 375)
(1 479)
(1 564)
(20)
(1 701)
(1 806)
(1 886)
(20)
(1 865)
(1 371)
(871)
(20)
0
0
0
(47)
0
0
0
(67)
0
0
0
(61)
0
0
0
(107)
(694)
(1 422)
(2 079)
(101)
(2 692)
(2 585)
(2 506)
(30)
(1 737)
(1 601)
(1 707)
(22)
(1 577)
(1 092)
Operating Income
(280)
N/A
(253)
+10%
(199)
+21%
(303)
-52%
(383)
-26%
(513)
-34%
(516)
0%
(388)
+25%
(274)
+29%
(182)
+34%
(196)
-8%
(111)
+43%
76
N/A
73
-4%
71
-4%
73
+4%
82
+13%
78
-5%
42
-46%
66
+56%
(204)
N/A
(361)
-76%
(474)
-32%
(588)
-24%
(427)
+27%
(361)
+15%
(323)
+11%
(293)
+9%
(204)
+30%
(116)
+43%
33
N/A
170
+410%
266
+57%
285
+7%
300
+5%
319
+6%
278
-13%
296
+7%
243
-18%
102
-58%
(280)
N/A
(454)
-62%
(286)
+37%
(136)
+53%
241
N/A
450
+87%
302
-33%
328
+8%
411
+25%
434
+6%
561
+29%
607
+8%
301
-50%
534
+77%
652
+22%
854
+31%
941
+10%
599
-36%
220
-63%
(433)
N/A
(754)
-74%
(1 192)
-58%
(1 705)
-43%
(1 940)
-14%
(2 121)
-9%
(2 054)
+3%
(2 899)
-41%
(2 705)
+7%
(2 266)
+16%
(1 997)
+12%
(608)
+70%
(396)
+35%
(18)
+95%
(45)
-143%
160
N/A
Pre-Tax Income
Interest Income Expense
(130)
(144)
(161)
(177)
(191)
(176)
(178)
(180)
(187)
(176)
(154)
(131)
(115)
(117)
(122)
(127)
(127)
(145)
(158)
(174)
5
4
33
68
(56)
(73)
(84)
(100)
(61)
(127)
(132)
(128)
(155)
(119)
(88)
(61)
40
9
3
1
(65)
4
(53)
(108)
59
(68)
46
(34)
(8)
(101)
(203)
(166)
37
(87)
(83)
(43)
77
85
75
110
13
16
50
44
(84)
(137)
(158)
(99)
(163)
(170)
(138)
(176)
(67)
(0)
25
Non-Reccuring Items
0
0
0
418
(83)
603
603
185
(243)
421
417
417
(11)
(10)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3)
0
0
0
(1)
0
0
0
(26)
0
0
0
(206)
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
688
0
0
0
661
0
0
0
(1)
0
0
0
(4)
0
0
0
(2)
0
0
0
(5)
0
0
0
(11)
0
0
0
(3)
0
0
0
(2)
0
0
0
(1)
0
0
0
(3)
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(1)
0
0
0
(2)
0
0
Total Other Income
53
97
97
112
78
84
77
80
75
85
90
82
74
73
71
76
88
110
118
121
110
108
98
91
80
84
91
94
47
84
65
65
43
42
40
22
11
17
25
28
42
118
125
143
45
93
106
100
22
25
14
16
(1)
103
134
141
61
54
41
29
12
(0)
(28)
(31)
(1)
5
12
6
19
31
21
25
29
55
59
Pre-Tax Income
(357)
N/A
(300)
+16%
(263)
+12%
50
N/A
110
+120%
(2)
N/A
(13)
-478%
(303)
-2 174%
31
N/A
148
+381%
157
+6%
256
+63%
24
-91%
19
-19%
19
+1%
22
+11%
39
+82%
43
+9%
3
-93%
13
+352%
(91)
N/A
(249)
-174%
(344)
-38%
(429)
-25%
(408)
+5%
(350)
+14%
(316)
+10%
(300)
+5%
(229)
+24%
(160)
+30%
(34)
+79%
107
N/A
151
+41%
208
+38%
252
+21%
280
+11%
327
+17%
322
-1%
271
-16%
131
-52%
(305)
N/A
(333)
-9%
(214)
+36%
(101)
+53%
343
N/A
476
+39%
454
-4%
394
-13%
424
+8%
359
-15%
372
+4%
457
+23%
337
-26%
550
+63%
703
+28%
952
+35%
1 079
+13%
738
-32%
335
-55%
(295)
N/A
(733)
-149%
(1 176)
-60%
(1 683)
-43%
(1 928)
-15%
(2 207)
-14%
(2 186)
+1%
(3 044)
-39%
(2 798)
+8%
(2 437)
+13%
(2 137)
+12%
(725)
+66%
(548)
+24%
(265)
+52%
10
N/A
244
+2 251%
Net Income
Tax Provision
(20)
(21)
(18)
(34)
(7)
(7)
(3)
12
(8)
(6)
(3)
(1)
(2)
(2)
(3)
(3)
(19)
(20)
(21)
(23)
4
6
7
9
0
0
0
0
(8)
(13)
(14)
(19)
(25)
(23)
(40)
(68)
(89)
(105)
(125)
(35)
413
403
360
253
(227)
(262)
(265)
(271)
(255)
(228)
(207)
(204)
(228)
(328)
(387)
(514)
(512)
(400)
(294)
(96)
4
27
56
49
138
157
162
157
21
(8)
(58)
(75)
(77)
(146)
(158)
Income from Continuing Operations
(377)
(321)
(282)
16
103
(9)
(17)
(291)
23
143
154
255
22
17
17
19
20
23
(18)
(10)
(87)
(244)
(337)
(421)
(408)
(350)
(315)
(299)
(238)
(173)
(47)
88
126
185
212
212
238
217
146
96
109
70
146
153
116
213
189
123
169
131
165
254
109
222
316
438
567
338
41
(390)
(729)
(1 149)
(1 627)
(1 879)
(2 069)
(2 029)
(2 883)
(2 641)
(2 417)
(2 144)
(783)
(623)
(342)
(136)
87
Income to Minority Interest
(0)
(0)
(0)
(0)
2
3
3
3
(1)
(2)
(3)
(3)
(1)
(1)
(1)
(1)
(0)
(1)
(0)
(0)
2
3
4
4
1
(0)
(0)
(1)
(1)
(1)
(2)
(2)
(1)
(1)
(1)
0
(0)
0
(1)
(1)
(2)
(3)
(2)
(3)
(3)
(3)
(5)
(4)
(5)
(6)
(5)
(6)
(7)
(10)
(12)
(12)
(9)
(8)
(7)
(6)
(4)
(2)
1
3
0
0
(2)
(4)
(3)
(4)
(4)
(3)
(0)
(1)
0
Equity Earnings Affiliates
0
0
0
0
(1)
(1)
5
5
(2)
(2)
(8)
(8)
(2)
(2)
(2)
(2)
4
4
4
4
(4)
(4)
(4)
(4)
2
2
2
0
1
1
1
1
2
0
0
0
4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
(377)
N/A
(321)
+15%
(282)
+12%
16
N/A
105
+544%
(7)
N/A
(9)
-29%
(283)
-2 944%
20
N/A
139
+587%
144
+4%
244
+70%
19
-92%
14
-26%
14
+1%
16
+13%
23
+45%
26
+13%
(15)
N/A
(6)
+59%
(89)
-1 340%
(245)
-174%
(337)
-38%
(421)
-25%
(404)
+4%
(348)
+14%
(314)
+10%
(299)
+5%
(238)
+21%
(173)
+27%
(48)
+72%
87
N/A
127
+45%
185
+46%
213
+15%
214
+0%
241
+13%
221
-8%
149
-32%
98
-34%
107
+8%
67
-37%
144
+115%
150
+4%
113
-24%
210
+86%
184
-12%
119
-35%
164
+38%
125
-24%
160
+28%
248
+55%
102
-59%
212
+108%
305
+44%
426
+40%
558
+31%
330
-41%
34
-90%
(396)
N/A
(734)
-85%
(1 151)
-57%
(1 626)
-41%
(1 877)
-15%
(2 068)
-10%
(2 029)
+2%
(2 884)
-42%
(2 645)
+8%
(2 419)
+9%
(2 148)
+11%
(788)
+63%
(626)
+21%
(342)
+45%
(137)
+60%
87
N/A
EPS (Diluted)
-23.4
N/A
-20.04
+14%
-17.49
+13%
1.01
N/A
6.52
+546%
-0.44
N/A
-0.57
-30%
-17.58
-2 984%
1.26
N/A
8.56
+579%
8.76
+2%
14.72
+68%
1.13
-92%
0.8
-29%
0.83
+4%
0.93
+12%
1.38
+48%
1.55
+12%
-0.93
N/A
-0.38
+59%
-5.5
-1 347%
-14.91
-171%
-20.66
-39%
-25.64
-24%
-24.65
+4%
-21.09
+14%
-19
+10%
-18.13
+5%
-14.39
+21%
-9.14
+36%
-2.1
+77%
3.9
N/A
5.27
+35%
6.44
+22%
7.15
+11%
7.15
N/A
7.9
+10%
7.12
-10%
4.99
-30%
3.29
-34%
3.54
+8%
2.2
-38%
6.67
+203%
4.91
-26%
3.7
-25%
6.89
+86%
6.04
-12%
3.9
-35%
5.36
+37%
4.1
-24%
5.24
+28%
8.1
+55%
3.32
-59%
6.91
+108%
9.95
+44%
13.9
+40%
18.22
+31%
10.75
-41%
1.13
-89%
-12.9
N/A
-23.89
-85%
-37.37
-56%
-52.78
-41%
-60.92
-15%
-65.6
-8%
-57.58
+12%
-81.79
-42%
-74.97
+8%
-68.51
+9%
-60.56
+12%
-21.83
+64%
-17.16
+21%
-9.35
+46%
-3.62
+61%
2.32
N/A

See Also

Summary
RAMCOSYS intrinsic value, competitors valuation, and company profile.
DCF Valuation
RAMCOSYS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RAMCOSYS stock valuation using valuation multiples.
Wall Street Estimates
RAMCOSYS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
RAMCOSYS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 301,700+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.