R Systems International Ltd
RSYSTEMSR Systems International Ltd's earnings have outrun its stock. EPS grew +41.8% in a year against a −43.0% price move.
The sharpest disagreement: annual EPS moved +41.8% against a −43.0% price move — the market has not yet caught up with the delivery.
The price is in a downtrend (34 weeks in) while the P/E sits at the 12th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +66.7% year on year, and 146% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
R Systems International Ltd trades at ₹255, in a downtrend and 34 weeks into that stage. That is −19.0% against its own 200-day average. It sits at 15% of a 52-week range of ₹220 to ₹452. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (49 weeks and counting).
Today the stock is in a downtrend — week 34 of stage 4, confirmed. At ₹255 it trades −19.0% versus its 200-day average and sits at 15% of its 52-week range (₹220–₹452).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +307% while the NIFTY 500 moved +274% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (49 weeks and counting; last ahead the week of 2025-09-19) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 12th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
R Systems International Ltd trades at 12.6× P/E, near the bottom of its own range — cheaper only 12% of the time. Its long-run median P/E is 19.3×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 12.6× is near the bottom of its own range — cheaper only 12% of the time, against a long-run median of 19.3× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
Why the multiple sits where it does: over the past year annual EPS moved +41.8% against a −43.0% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 5y, of the +7.8%/yr price move, ~+18.7%/yr came from earnings growth and ~−10.9 pp from the multiple (compressing); over 10y, of the +17.4%/yr price move, ~+16.0%/yr came from earnings growth and ~+1.4 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Consistent Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
R Systems International Ltd reads as consistent on its fundamental arc. Consistent — revenue and EPS growth have stayed positive through the window, with ROCE at 24.0% and holding. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: steady curves with healthy returns are the compounding setup — the risk is the price, not the business.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +12.4% | +8.9% | +19.3% | +12.5% |
| Profit | +42.0% | +9.9% | +26.2% | +6.6% |
| EPS | +41.8% | +10.0% | +26.5% | +7.4% |
| Share price | −43.0% | −18.1% | +7.8% | +17.4% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
57.5/100 — rank 16 of 63 in IT - Software · 96% evidence confidence
R Systems International Ltd scores 57.5 out of 100 against the 63 companies it is compared with in IT - Software, ranking 16. Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -28.5% and the one-year return is -43%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
The four contributions add to the total exactly: 24 + 13 + 18.5 + 2 = 57.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
R Systems International Ltd reported ₹575 Cr of revenue in the Mar 26 quarter, +30.1% year on year. That is the 6th straight quarter of year-on-year growth. Over 9 years it has compounded at 14.3% a year. The last full year, FY25, came in at ₹1,958 Cr. The last four reported quarters add to ₹2,091 Cr.
R Systems International Ltd reported ₹575 Cr of revenue in the Mar 26 quarter, +30.1% year on year. That is the 6th straight quarter of year-on-year growth. Over 9 years it has compounded at 14.3% a year. The last full year, FY25, came in at ₹1,958 Cr. The last four reported quarters add to ₹2,091 Cr.
FY25 revenue came in at ₹1,958 Cr (+12.4% on the year), capping 9 years at 14.3% compound. The latest quarter (Mar 26) printed ₹575 Cr, +30.1% year on year — the 6th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +18.3% growth against the decade's 14.3% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +18.3% over the last 4 quarters against +11.0%/yr over the last 8 — accelerating; TTM profit +48.3% vs +27.2%/yr — accelerating.
→ Revenue grew — did margins hold as it scaled? Next: 18.0% this quarter (+2.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
R Systems International Ltd's operating margin is 18.0% in the Mar 26 quarter, +2.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged 6.0% to 16.0%. The current quarter is running above every full year in that window.
R Systems International Ltd's operating margin is 18.0% in the Mar 26 quarter, +2.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged 6.0% to 16.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 18.0%, +2.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 6.0%–16.0%, and FY25's 16.0% is the top of that band — a record year.
Why the margin moved: operating margin went +1.6 pp year on year while gross margin went +0.0 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
→ Margins held — did that reach the bottom line? Next: profit +66.7% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
R Systems International Ltd earned ₹65.0 Cr of net profit in the Mar 26 quarter, +66.7% year on year. Full-year FY25 profit was ₹186 Cr. The 9-year compound rate is 14.7%. That is 11.3% of the quarter's revenue. The same quarter a year earlier earned ₹39.0 Cr.
R Systems International Ltd earned ₹65.0 Cr of net profit in the Mar 26 quarter, +66.7% year on year. Full-year FY25 profit was ₹186 Cr. The 9-year compound rate is 14.7%. That is 11.3% of the quarter's revenue. The same quarter a year earlier earned ₹39.0 Cr.
Mar 26 profit was ₹65.0 Cr, +66.7% year on year. On the full year, FY25 printed ₹186 Cr (+42.0%), and the 9-year compound rate is 14.7%.
Why profit moved: revenue contributed +30.1% and the margin +2.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +62.6% vs revenue +18.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: 146% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 146% of R Systems International Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY25 that was ₹220 Cr of operating cash against ₹186 Cr of profit. After ₹616 Cr of capital spending, ₹−396 Cr was left as free cash.
FY25: operating cash of ₹220 Cr against reported profit of ₹186 Cr, leaving free cash of ₹−396 Cr after ₹616 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 146% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 146%: the cash cycle stretched 23 days between FY20 and FY25 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: the bigger cash user is investment — capital spending ran 6.2× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹1,151 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
R Systems International Ltd's cash conversion cycle runs 77 days in FY25, up from 54 days in FY20. Capital spending ran ₹1,151 Cr over the last 3 years. At FY25 sales of ₹1,958 Cr each day of that cycle holds about ₹5.4 Cr, so roughly ₹413 Cr sits inside the business at any moment.
FY25: debtors at 77 days (an asset-light business — no inventory to speak of) — for a full cycle of 77 days, looser than FY20's 54.
In money terms: at FY25 sales of ₹1,958 Cr, each day of the cycle holds about ₹5.4 Cr — so the 77-day loop keeps roughly ₹413 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹1,151 Cr over the last 3 fiscal years against ₹185 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 19% and the ROIC − WACC spread is +2.8 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
R Systems International Ltd earns a ROCE of 19% in FY25. That is up from a trough of 13% in FY17. Return on invested capital clears the cost of that capital by +2.8 percentage points, so growth here adds value rather than only size. The wiring behind it is 9.5% net margin on 0.93× asset turns.
FY25 ROCE is 19%, recovered from a FY17 trough of 13% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 9.5% net margin × 0.93× asset turns × 2.65× balance-sheet leverage ≈ 23.4% on equity. Margin does its share; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 14.8% − 12.0% = a +2.8 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.52.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
R Systems International Ltd carries total debt of ₹410 Cr against shareholder equity of ₹1,225 Cr as of Mar 26, a debt-to-equity of 0.33. On the annual view that ratio went from 0.11 in FY22 to 0.33 in FY26. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of ₹410 Cr against shareholder equity of ₹1,225 Cr — a debt-to-equity of 0.33. On the annual view, debt-to-equity went from 0.11 (FY22) to 0.33 (FY26). Read the returns on this page with that leverage in mind.
→ Who owns this, and are they adding or leaving? Next: Domestic institutions added 4.8 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 4.8 points of R Systems International Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 6.5% of the company. Foreign institutions moved +3.4 points over the same window, to 3.8%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +4.8 points over 8 quarters to 6.5%; Foreign institutions: +3.4 points over 8 quarters to 3.8%; Promoters: −0.1 points over 8 quarters to 51.9%.
Why the register moved: domestic institutions drove it (+4.8 points), alongside foreign institutions (+3.4 points) — steady accumulation by institutions reading the same numbers this page reads.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
R Systems International Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| R Systems International Ltd this page | 12.6× | ₹2,909 Cr | Turning around | |||
| Tata Consultancy Services Ltd | 15.2× | ₹8.2L Cr | Consistent | |||
| Infosys Ltd | 13.6× | ₹4.2L Cr | Consistent | |||
| HCL Technologies Ltd | 19.0× | ₹3.4L Cr | Mixed | |||
| Wipro Ltd | 13.3× | ₹1.8L Cr | Topping out | |||
| Tech Mahindra Ltd | 28.7× | ₹1.5L Cr | Topping out | |||
| LTM Ltd | 21.6× | ₹1.2L Cr | Consistent | |||
| Coforge Ltd | 40.0× | ₹65,726 Cr | Mixed | |||
| Mphasis Ltd | 22.6× | ₹43,674 Cr | Consistent | |||
| Hexaware Technologies Ltd | 23.0× | ₹33,719 Cr | No read | |||
| IDream Film Infrastructure Company Ltd | — | ₹17,180 Cr | No read | |||
| Zensar Technologies Ltd | 15.1× | ₹11,511 Cr | Turning around | |||
| Sonata Software Ltd | 15.8× | ₹8,079 Cr | Mixed | |||
| Tanla Platforms Ltd | 14.9× | ₹7,954 Cr | Turning around | |||
| Birlasoft Ltd | 14.8× | ₹7,896 Cr | Turning around | |||
| Seshaasai Technologies Ltd | 23.6× | ₹6,221 Cr | No read | |||
| ASM Technologies Ltd | 103.0× | ₹6,206 Cr | No read | |||
| AvenuesAI Ltd | 20.2× | ₹5,700 Cr | Mixed | |||
| Mastek Ltd | 12.0× | ₹5,242 Cr | Consistent | |||
| Datamatics Global Services Ltd | 20.3× | ₹4,856 Cr | Topping out | |||
| Aurionpro Solutions Ltd | 21.0× | ₹4,562 Cr | Mixed | |||
| Moschip Technologies Ltd | 141.0× | ₹4,508 Cr | Mixed | |||
| Capillary Technologies India Ltd | 128.0× | ₹3,790 Cr | — | — | — | — |
| TechNVision Ventures Ltd | 984.0× | ₹3,563 Cr | No read | |||
| Cigniti Technologies Ltd | 11.4× | ₹3,472 Cr | Mixed | |||
| 63 Moons Technologies Ltd | — | ₹3,264 Cr | No read | |||
| ASM Technologies Ltd | 52.8× | ₹3,220 Cr | No read | |||
| TechNVision Ventures Ltd | 14,485.0× | ₹3,187 Cr | No read | |||
| Sasken Technologies Ltd | 48.1× | ₹2,765 Cr | Improving | |||
| BLS E-Services Ltd | 44.6× | ₹2,565 Cr | Mixed | |||
| Silver Touch Technologies Ltd | 71.0× | ₹2,538 Cr | Turning around | |||
| Saksoft Ltd | 16.3× | ₹2,231 Cr | Mixed | |||
| Blue Cloud Softech Solutions Ltd | 31.2× | ₹1,889 Cr | Mixed | |||
| Hypersoft Technologies Ltd | 440.0× | ₹1,798 Cr | No read | |||
| Kody Technolab Ltd | 104.0× | ₹1,748 Cr | — | — | — | — |
| IZMO Ltd | 34.8× | ₹1,653 Cr | Improving | |||
| NINtec Systems Ltd | 50.3× | ₹1,610 Cr | Mixed | |||
| Dynacons Systems & Solutions Ltd | 18.6× | ₹1,580 Cr | Mixed | |||
| Magellanic Cloud Ltd | 13.6× | ₹1,568 Cr | Mixed | |||
| InfoBeans Technologies Ltd | 18.0× | ₹1,526 Cr | Mixed |
Frequently asked questions
What is R Systems International Ltd's share price today?
R Systems International Ltd trades at ₹255, −43.0% over the past year. The company is valued at ₹2,909 Cr. The stock sits at 15% of its 52-week range of ₹220–₹452, −19.0% versus its 200-day average. On the tape, the price is in a downtrend, 34 weeks in. — as of 24 July 2026.
What were R Systems International Ltd's latest quarterly results?
R Systems International Ltd reported revenue of ₹575 Cr and net profit of ₹65.0 Cr for the Mar 26 quarter. Revenue rose 30.1% and profit rose 66.7% year on year. Earnings per share were ₹5.52. The operating margin was 18.0%, 2.0 pp higher than a year earlier. — as of 24 July 2026.
What is R Systems International Ltd's revenue?
R Systems International Ltd reported revenue of ₹575 Cr in the Mar 26 quarter, +30.1% year on year. For the full FY25 fiscal year, revenue was ₹1,958 Cr (+12.4%). Over the last 9 years revenue compounded at 14.3% a year. — as of 24 July 2026.
What is R Systems International Ltd's profit?
R Systems International Ltd earned ₹65.0 Cr of net profit in the Mar 26 quarter, +66.7% year on year. Full-year FY25 profit was ₹186 Cr. The operating margin ran 18.0% in the latest quarter. — as of 24 July 2026.
What is R Systems International Ltd's market cap?
R Systems International Ltd's market capitalisation is ₹2,909 Cr at a share price of ₹255. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is R Systems International Ltd's P/E ratio?
R Systems International Ltd trades at a P/E of 12.6×, at the 12th percentile of its own 10-year range, against a long-run median of 19.3×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does R Systems International Ltd pay a dividend?
Yes — R Systems International Ltd's dividend payout was 38% of profit in FY25, and it recorded a payout in 8 of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is R Systems International Ltd overvalued?
On its own history, R Systems International Ltd looks cheap against its own history: its P/E of 12.6× has been cheaper only 12% of the time in 10 years (long-run median 19.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.
Is R Systems International Ltd growing?
Yes — R Systems International Ltd is growing: latest-quarter revenue +30.1% year on year, profit +66.7%, and the margin +2.0 pp at 18.0%. The 9-year compound rates are 14.3% (revenue) and 14.7% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is R Systems International Ltd performing?
R Systems International Ltd is in a downtrend, 34 weeks in. Its latest quarter's revenue rose 30.1% and profit rose 66.7% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 49 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is R Systems International Ltd in?
Consistent — revenue and EPS growth have stayed positive through the window, with ROCE at 24.0% and holding. The read comes from the last 12 quarters of growth (revenue growth +18.3% latest, profit growth +48.3% latest, eps growth +49.5% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is R Systems International Ltd in an uptrend?
No — the price is in a downtrend (week 34 of stage 4), trading −19.0% versus its 200-day average and at 15% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is R Systems International Ltd beating the market?
Not lately — on a trailing-13-week view R Systems International Ltd is currently behind the NIFTY 500 (49 weeks and counting; last ahead the week of 2025-09-19), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +307% against the NIFTY 500's +274% — ahead of the index over the full window. — as of 24 July 2026.
Will R Systems International Ltd's share price go up?
This page publishes no price forecast for R Systems International Ltd. What it measures instead: the share price is ₹255, the price is in a downtrend 34 weeks in. Its P/E of 12.6× sits at the 12th percentile of its own 10-year range. — as of 24 July 2026.
Who owns R Systems International Ltd?
Promoters hold 51.9% of R Systems International Ltd, foreign institutions 3.8%, domestic institutions 6.5% and the public 37.8% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 4.8 points over 8 quarters. — as of 24 July 2026.
Does R Systems International Ltd have too much debt?
It is moderate — R Systems International Ltd's debt-to-equity is 0.52, and operating profit covers the interest bill 22×. FY25 borrowings were ₹410 Cr against equity of ₹792 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is R Systems International Ltd's capex?
R Systems International Ltd spent ₹1,151 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹616 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is R Systems International Ltd's cash flow?
R Systems International Ltd generated ₹220 Cr of operating cash flow in FY25 and ₹−396 Cr of free cash flow after ₹616 Cr of capital spending. Reported profit that year was ₹186 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is R Systems International Ltd's profit real cash?
Yes — over the last 3 fiscal years, 146% of R Systems International Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹220 Cr against reported profit of ₹186 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is R Systems International Ltd in its business cycle?
R Systems International Ltd's FY25 operating margin was 16.0%, against a 12-year band of 6.0%–16.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 18.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the R Systems International Ltd story?
The sharpest disagreement: annual EPS moved +41.8% against a −43.0% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is R Systems International Ltd a stock worth studying right now?
This is not investment advice. The machine read: R Systems International Ltd's earnings have outrun its stock. EPS grew +41.8% in a year against a −43.0% price move. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.