Ramco Systems Ltd
NSE:RAMCOSYS

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Ramco Systems Ltd
NSE:RAMCOSYS
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Price: 599.3 INR 4.87% Market Closed
Market Cap: 22.4B INR

Ramco Systems Ltd
Investor Relations

Ramco Systems Ltd. engages in the provision of multi-tenanted cloud and mobile-bases enterprise software solutions and services. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,796 full-time employees. The company went IPO on 2000-04-12. The firm develops Enterprise Resource Planning (ERP) software solutions for various verticals in various domains like Core ERP, Human Resource & Payroll, Aviation Maintenance Repair & Overhaul, Logistics, Service Resource Planning solutions and services, including managed services. The company offers comprehensive ERP covering HR & Global Payroll (platform & Managed services), MRO, M&E, SCM, Logistics, manufacturing, asset management, financials, Inventory, procurement, service management, Process Control, and Project Management. Ramco Logistics Software caters to logistics-third party logistics (3PL), freight forwarders, and network service providers.

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RAMCOSYS
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Last Earnings Call
Fiscal Period
Q4 2024
Call Date
May 22, 2024
AI Summary
Q4 2024

EBITDA Positive: Ramco Systems returned to EBITDA profitability in Q4 FY24, marking a key milestone in its turnaround efforts.

Revenue: Reported annual revenue was $63.92 million (INR 529.9 crore), with recurring revenue showing healthy growth.

Major Deal: Secured the largest order in company history, a multimillion-dollar contract with Korean Air worth over $10 million.

Product Launch: Launched Ramco Payce, a new SaaS payroll platform, which has seen strong initial interest and numerous demo requests.

Order Book: Unexecuted order book stands at $188 million, providing good visibility for the future.

Cloud Growth: 60% of revenue now comes from cloud/SaaS customers, with recurring revenue rising 13% YoY.

Strategic Partnerships: Onboarded Deloitte and BDO as key payroll partners to expand market reach and support growth.

Outlook: Management aims to maintain EBITDA positivity, focus on execution, and expects further product traction in the coming quarters.

Key Financials
Revenue
$63.92 million
Global Consolidated Income
$64.41 million
Revenue (INR)
INR 529.9 crore
Recurring Revenue Growth
13% YoY
Order Book
$188 million
Order Bookings (Q4)
$27.9 million
Deals Signed (FY24)
11 deals over $1 million each
Recurring Revenue
INR 320 crore
Cloud/SaaS Revenue Share
60%
Korean Air Deal
Over $10 million
Expenses Run Rate
INR 130 crore per year
Other Earnings Calls

Management

Mr. Poosapadi Ramasubrahmaneya Rajha Venketrama Raja B.Tech., M.B.A., MBA
Founder & Chairman
No Bio Available
Mr. Sundaresan Subramanian
Chief Executive Officer
No Bio Available
Mr. R. Ravi Kula Chandran
Chief Financial Officer
No Bio Available
Mr. S. R. Srirama Raja
CTO & Senior VP
No Bio Available
Mr. Vijaya Raghavan N E
Company Secretary & Compliance Officer
No Bio Available
Mr. Poosapadi Venketrama Raja Abinav Ramasubramaniam Raja (Indl. Engg.), B.Sc.
Whole Time Director
No Bio Available
Mr. Kishore Kanna N.
VP and BU Head LOG & SRP ? DEBSL
No Bio Available
Mr. Raghuveer Sandesh Bilagi
Chief Operating Officer
No Bio Available
Tarun Devasia
Chief Marketing Officer
No Bio Available
Mr. R. Rajiv Kumar
Chief Human Resources Officer
No Bio Available

Contacts

Address
TAMIL NADU
Chennai
64, Sardar Patel Road, Taramani
Contacts
+914422354510
www.ramco.com