# R Systems International share price today (R Systems International Ltd, NSE: RSYSTEMS)

> R Systems International share price today: ₹248.30 at the NSE close on 3 November 2026, down 41.9% in a year. R Systems International (NSE: RSYSTEMS) is worth ₹2,940 crore, trades at a P/E of 13.9 and has closed between ₹220.16 and ₹427.60 over the past 52 weeks. > R Systems International Ltd's earnings have grown faster than its share price. Earnings per share grew +41.8% in a year while the price moved −41.9%. RSYSTEMS · IT - Software · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/r-systems-international-ltd

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## Key numbers

- Business trend: Slowing from a peak, from the last 12 quarters
- Price: ₹248.30 (−41.9% in a year)
- P/E: 13.9× (lower than 76% of the last 11 years)
- Revenue (Jun 2026): ₹602 Cr (+30.3% on a year ago)
- Profit (Jun 2026): ₹56.0 Cr (−26.3% on a year ago)
- Operating margin: 18.0% (+3.0 points on a year ago)
- ROCE: 19%, FY25
- ROIC: 17.3%, against a 12.0% cost of capital: +5.3 points

The main question: yearly earnings per share moved +41.8% while the share price moved −41.9%. ## What is the R Systems International share price today? R Systems International Ltd's share price was ₹248.30 at the close on 3 November 2026. It has been falling for 49 weeks. That is 12.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹220 and ₹428, and at that close it sat 14% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 7 weeks in a row. Over the last 11 years the share price moved +296% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at R Systems International this quarter? Three changes stood out: indian funds and insurers (DIIs) cut their stake for 4 quarters in a row, revenue up on a year earlier for 7 quarters in a row and highest quarterly revenue in 15 quarters. 1. Indian funds and insurers (DIIs) cut their stake for 4 quarters in a row From 9.4% to 4.7% of the company by the September 2026 quarter. 2. Revenue up on a year earlier for 7 quarters in a row In the June 2026 quarter revenue was ₹602 crore, +30.3% on a year earlier. Why: Revenue rose because AI-first wins spread across telecom, financial services, retail, insurance and ad-tech. Next results: check whether sales growth ignoring currency moves speeds up and earlier deal wins turn into revenue. From the earnings call on 5 Aug 2026. 3. Highest quarterly revenue in 15 quarters Revenue of ₹602 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What dividend does R Systems International pay? R Systems International paid ₹14 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 5.64% at the ₹248.30 close on 3 November 2026. The last was an interim dividend of ₹8 a share, ex-date 1 October 2026. ### R Systems International dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 1 Oct 2026 | ₹8 | Interim | same day |
| 12 Mar 2026 | ₹6 | Interim | same day |
| 14 May 2025 | ₹6 | Interim | same day |
| 19 Nov 2024 | ₹6.50 | Interim | same day |
| 28 Mar 2024 | ₹6 | Interim | same day |
| 22 Dec 2023 | ₹6.80 | Interim | same day |
| 14 Jun 2022 | ₹6.50 | Interim | n/a |
| 11 Nov 2021 | ₹3.20 | Interim | 12 Nov 2021 |
| 25 Jun 2021 | ₹2.50 | Interim | 28 Jun 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. R Systems International Ltd paid out 38% of its profit as dividends in FY25, and it paid a dividend in 8 of its last 12 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are R Systems International's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), R Systems International reported revenue of ₹602 crore, up 30.3% from ₹462 crore a year earlier, and a profit of ₹56.0 crore, down 26.3% from ₹76.0 crore. ### R Systems International results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹602 crore | ₹462 crore | +30.3% |
| Profit | ₹56.0 crore | ₹76.0 crore | −26.3% |
| Earnings per share | ₹4.69 | ₹6.41 | −26.8% |
| Operating margin | 18.0% | 15.0% | +3.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). R Systems International's management discussed these results on a call held on 5 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the R Systems International share price history? R Systems International closed at ₹248.30 on 3 November 2026, down 41.9% from ₹427.50 a year earlier (31 October 2025) and up 9.2% over five years. Its highest weekly close since March 2016 was ₹571.45 on 22 December 2023. ### R Systems International share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹249.45 | −0.5% |
| 1 month ago · 1 Oct 2026 | ₹264.15 | −6.0% |
| 6 months ago · 30 Apr 2026 | ₹263.14 | −5.6% |
| 1 year ago · 31 Oct 2025 | ₹427.50 | −41.9% |
| 3 years ago · 3 Nov 2023 | ₹505.95 | −50.9% |
| 5 years ago · 4 Nov 2021 | ₹227.40 | +9.2% |
| 10 years ago · 4 Nov 2016 | ₹54.75 | +353.5% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹62.70 | +296.0% |
| Highest weekly close since March 2016 · 22 Dec 2023 | ₹571.45 | −56.5% |
| Lowest weekly close since March 2016 · 6 Jul 2018 | ₹26.35 | +842.3% |
| 52-week high (weekly close) · 19 Dec 2025 | ₹427.60 | −41.9% |
| 52-week low (weekly close) · 3 Jul 2026 | ₹220.16 | +12.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on R Systems International? 3 Nov 2026: R Systems International closed at ₹248.30, down 0.5% on the week and down 6.0% on the month. 1 Oct 2026: ex-date for an interim dividend of ₹8 a share. ### Earlier

- 5 Aug 2026: R Systems International held its results call for April to June 2026. Management guided: Sustainable adjusted operating margin at 18.5%. - Results for April to June 2026: Revenue up 30.3% and profit down 26.3% on a year earlier. - 12 Mar 2026: ex-date for an interim dividend of ₹6 a share. ## What did R Systems International management say on the latest results call? On the call for April to June 2026, held on 5 August 2026, R Systems International's management guided: Sustainable adjusted operating margin at 18.5%. > “While people have talked about AI deflation, I have so far been talking about AI monetization.”
> Nitesh Bansal, on the call for April to June 2026

### What management guided

- Constant-currency growth to reach the 3-4% range consistently as reusable AI assets and pipeline convert. - Revenue realization from prior-half wins to improve in the second half. - AI adoption to accelerate revenue and margin per employee in the near term. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4626/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 5 August 2026.)

## What to watch in R Systems International's next results? When R Systems International reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Constant-currency growth and revenue realization from prior-half wins - check for acceleration in the next print. - What to check (from the call)
- Constant-currency growth and revenue realization from prior-half wins - check for acceleration in the next print. - Novigo deal wins and agentic-business pipeline despite Middle East geopolitics - check conversion into reported revenue. - ACV quality and average deal size - check whether larger strategic wins translate into stronger bookings. ## Which stock lists is R Systems International on? R Systems International is on 2 of our India lists: Dividend stocks and IT stocks. - [Dividend stocks Regular dividend yield (%): 5.63](https://www.sectoralpha.in/dividend-stocks-india)
- [IT stocks Market value (₹ crore): 2948.3045644807653](https://www.sectoralpha.in/sectors/it-stocks-india)

## Is R Systems International profitable? R Systems International Ltd earned ₹56.0 Cr of net profit in the Jun 2026 quarter, −26.3% on the same quarter a year earlier. Full-year FY25 profit was ₹186 Cr. Over 9 years profit has grown 14.7% a year on average. That is 9.3% of the quarter's revenue. The same quarter a year earlier earned ₹76.0 Cr. For the full year, FY25 profit was ₹186 Cr (+42.0% on the year before). Why profit moved: revenue changed +30.3% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +5.0% and revenue +24.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does R Systems International make, and is it growing? R Systems International Ltd reported ₹602 Cr of revenue in the Jun 2026 quarter, +30.3% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 9 years it has grown 14.3% a year on average. The last full year, FY25, came in at ₹1,958 Cr. The last four reported quarters add to ₹2,231 Cr. FY25 revenue was ₹1,958 Cr, +12.4% on the year before. Recent pace: the last four quarters grew +24.1% on average, against 14.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.2%, against +13.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −1.0%, against +16.3% a year (rolling over). ## How much of every ₹100 of sales does R Systems International keep? R Systems International Ltd's operating margin was 18.0% in the Jun 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 12 years it has been between 6.0% and 16.0%. The latest quarter is above every full year in that period. Across 12 years it has been between 6.0% and 16.0%, and FY25's 16.0% is the highest of them. Why the margin moved: operating margin changed +3.2 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is R Systems International's profit turning into cash? Over the last 3 years, 146% of R Systems International Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹220 Cr of operating cash against ₹186 Cr of profit. After ₹616 Cr of spending on assets, free cash was −₹396 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 146% of profit came in as cash: the cash cycle got 23 days longer between FY20 and FY25, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 6.2× depreciation over three years. The next section checks what that spending is building. ## Where does R Systems International's cash go? R Systems International Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 77 days in FY25, up from 54 days in FY20. It spent ₹1,151 Cr on assets over the last 3 years. At FY25 sales of ₹1,958 Cr, each day of that cycle ties up about ₹5.4 Cr, so roughly ₹413 Cr is tied up in the business at any time. Spending on assets: ₹1,151 Cr over the last 3 years, against ₹185 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY25): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is R Systems International's P/E ratio, and how does it compare with its own history? R Systems International Ltd's P/E is 13.9×, near the low end of its own history: it has been lower only 24% of the time. Its usual P/E (the middle reading) is 19.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹16.27. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +41.8% while the price moved −41.9%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +1.8% a year; about +10.2% a year came from earnings growth and about −8.4 percentage points from the multiple (the market paying less); over 10 years the price moved +16.3% a year; about +15.1% a year came from earnings growth and about +1.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the R Systems International business getting better or worse? R Systems International Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +42.0% at its peak to −1.0% now), while ROCE is still 21.9%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does R Systems International earn on its capital? R Systems International Ltd earned a ROCE of 19% in FY25. That is up from a low of 13% in FY17. Its return on capital used (ROIC) is 5.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.5% net margin and 0.93× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 9.5% net margin × 0.93× asset turnover × 2.65× leverage (assets divided by equity) ≈ 23.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 17.3% − 12.0% = +5.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. ## Does R Systems International have too much debt? R Systems International Ltd has total debt of ₹369 Cr against shareholder equity of ₹1,291 Cr as of Jun 2026, so its debt is 0.29× its equity, which is very little. Year by year, that ratio went from 0.11 in FY22 to 0.33 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the R Systems International shareholding pattern? Domestic institutions cut their stake in R Systems International Ltd by 2.8 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 4.7% of the company. Promoters moved −0.1 points over the same period, to 51.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −2.8 points over 8 quarters, to 4.7%; Promoters: −0.1 points over 8 quarters, to 51.8%; Foreign institutions: −0.1 points over 8 quarters, to 3.9%. Why the owners changed: domestic institutions drove it (−2.8 points). They reduced their stake. ## How far is R Systems International from balance-sheet trouble? For R Systems International Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does R Systems International rank in its industry? 57.1 out of 100, rank 24 of 69 in IT - Software, with 96% of the evidence available. R Systems International Ltd scores 57.1 out of 100 against the 69 companies it is compared with in IT - Software, ranking 24. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.1 + 16.6 + 16.4 + 8 = 57.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is R Systems International compared with? R Systems International ranks 24 of 69 IT - Software companies on the 4-Factor Sector Score, with 57.1 out of 100. 1. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) COFORGE · leader · Most evidence points up · 100% evidence 69.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 41.5% · Profit 56.3% · Operating margin change 1 points · 100% evidence Capital efficiency 16.5/25 · ROCE 23.5% · Operating margin 20% · 100% evidence Valuation 11.3/20 · P/E 41.7× · PEG 0.57 · 100% evidence Relative strength 18.5/20 · Lead over its industry 24.5% · Lead over NIFTY 500 35.5% · 1 year 15% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 16.5 + 11.3 + 18.5 = 69.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) EXPLEOSOL · breaking out · Most evidence points up · 81% evidence 68.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 10.4% · Profit 39.4% · Operating margin change 4 points · 88% evidence Capital efficiency 15.4/25 · ROCE 24.2% · Operating margin 15% · 100% evidence Valuation 18.7/20 · P/E 8.5× · PEG 0.33 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -20.7% · 25% evidence · 8 of 12 weeks ahead Exact sum: 24.6 + 15.4 + 18.7 + 9.6 = 68.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Cigniti Technologies Ltd](https://www.sectoralpha.in/stocks/cigniti-technologies-ltd) CIGNITITEC · Too little evidence to rank firmly · 55% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.8/43.75 · Revenue 14% · Profit 96.1% · Operating margin change 2 points · 47% evidence Capital efficiency 20.9/31.25 · ROCE 34.1% · Operating margin 18% · 75% evidence Valuation 19.5/25 · P/E 11.4× · PEG 0.74 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.8 + 20.9 + 19.5 = 68.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Metalic Technoforge Ltd](https://www.sectoralpha.in/stocks/metalic-technoforge-ltd) META · turning · Too little evidence to rank firmly · 51% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/43.75 · Revenue 100% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 20.2/31.25 · ROCE 44% · Operating margin 11% · 76% evidence Valuation 14.3/25 · P/E 6.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.8 + 20.2 + 14.3 = 67.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Sahana Systems Ltd](https://www.sectoralpha.in/stocks/sahana-systems-ltd) SAHANA · leader · Too little evidence to rank firmly · 54% evidence 66.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 27% evidence Capital efficiency 18.4/25 · ROCE 39.8% · Operating margin 29% · 57% evidence Valuation 12.0/20 · P/E 14.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 12.3% · Lead over NIFTY 500 22.7% · 1 year 5.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.4 + 18.4 + 12 + 17.2 = 66 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Silver Touch Technologies Ltd](https://www.sectoralpha.in/stocks/silver-touch-technologies-ltd) SILVERTUC · quiet · Most evidence points up · 100% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 21.7% · Profit 88% · Operating margin change 5 points · 100% evidence Capital efficiency 21.3/25 · ROCE 29.8% · Operating margin 21% · 100% evidence Valuation 11.2/20 · P/E 31.6× · PEG 1.11 · 100% evidence Relative strength 3.0/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -13.9% · 1 year 52.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 29.9 + 21.3 + 11.2 + 3 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is 52.9%. 7. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) NINSYS · turning · Most evidence points up · 93% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 18.8% · Profit 23.3% · Operating margin change 2 points · 100% evidence Capital efficiency 22.4/25 · ROCE 54% · Operating margin 27% · 100% evidence Valuation 6.6/20 · P/E 48.1× · PEG 2.08 · 65% evidence Relative strength 18.2/20 · Lead over its industry 57.5% · Lead over NIFTY 500 70.4% · 1 year 113.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 18.2 + 22.4 + 6.6 + 18.2 = 65.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) breaking out · Too little evidence to rank firmly · 56% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue n/a · Profit n/a · Operating margin change 2 points · 26% evidence Capital efficiency 18.4/25 · ROCE 34.1% · Operating margin 15% · 95% evidence Valuation 10.2/20 · P/E 17.3× · PEG n/a · 15% evidence Relative strength 17.8/20 · Lead over its industry 11.5% · Lead over NIFTY 500 22% · 1 year -7.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17 + 18.4 + 10.2 + 17.8 = 63.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [ASM Technologies Ltd](https://www.sectoralpha.in/stocks/asm-technologies-ltd) leader · Evidence leans up · 61% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 67.8% · Profit 89.5% · Operating margin change 2 points · 83% evidence Capital efficiency 16.0/25 · ROCE 27% · Operating margin 23% · 95% evidence Valuation 8.7/20 · P/E 124× · PEG n/a · 15% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 66.2% · 1 year 78.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 26.1 + 16 + 8.7 + 12.3 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. 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22. [Danlaw Technologies India Ltd](https://www.sectoralpha.in/stocks/danlaw-technologies-india-ltd) breaking out · Evidence leans up · 68% evidence 58.8 out of 100 Growth Capital Valuation Relative
23. [Softtech Engineers Ltd](https://www.sectoralpha.in/stocks/softtech-engineers-ltd) SOFTTECH · breaking out · Evidence leans up · 79% evidence 58.3 out of 100 Growth Capital Valuation Relative
24. R Systems International Ltd this page RSYSTEMS · losing its lead · Evidence leans up · 96% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue 24.1% · Profit -1% · Operating margin change 3 points · 88% evidence Capital efficiency 16.6/25 · ROCE 19.5% · Operating margin 18% · 100% evidence Valuation 16.4/20 · P/E 14.1× · PEG 0.26 · 100% evidence Relative strength 8.0/20 · Lead over its industry -19.4% · Lead over NIFTY 500 -11.3% · 1 year -41.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 16.1 + 16.6 + 16.4 + 8 = 57.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 25. [HCL Technologies Ltd](https://www.sectoralpha.in/stocks/hcl-technologies-ltd) HCLTECH · leader · Evidence leans up · 82% evidence 56.7 out of 100 Growth Capital Valuation Relative
26. [Datamatics Global Services Ltd](https://www.sectoralpha.in/stocks/datamatics-global-services-ltd) DATAMATICS · quiet · Evidence leans up · 81% evidence 55.8 out of 100 Growth Capital Valuation Relative
27. [Wipro Ltd](https://www.sectoralpha.in/stocks/wipro-ltd) WIPRO · turning · Evidence leans up · 100% evidence 55.4 out of 100 Growth Capital Valuation Relative
28. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) SUBEXLTD · breaking out · Evidence leans up · 64% evidence 54.2 out of 100 Growth Capital Valuation Relative
29. [Ksolves India Ltd](https://www.sectoralpha.in/stocks/ksolves-india-ltd) KSOLVES · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative
30. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) CAPILLARY · breaking out · Too little evidence to rank firmly · 59% evidence 52.6 out of 100 Growth Capital Valuation Relative
31. [LTM Ltd](https://www.sectoralpha.in/stocks/ltm-ltd) LTM · losing its lead · Evidence leans up · 100% evidence 51.2 out of 100 Growth Capital Valuation Relative
32. [TechNVision Ventures Ltd](https://www.sectoralpha.in/stocks/technvision-ventures-ltd) TECHNVISN · quiet · Evidence leans up · 64% evidence 51.2 out of 100 Growth Capital Valuation Relative
33. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) SAKSOFT · basing · Evidence leans up · 96% evidence 50.9 out of 100 Growth Capital Valuation Relative
34. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) BLSE · leader · Evidence leans up · 78% evidence 50.5 out of 100 Growth Capital Valuation Relative
35. [Mphasis Ltd](https://www.sectoralpha.in/stocks/mphasis-ltd) MPHASIS · breaking out · Evidence leans up · 81% evidence 50.4 out of 100 Growth Capital Valuation Relative
36. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) EXCELSOFT · breaking out · Too little evidence to rank firmly · 59% evidence 50.3 out of 100 Growth Capital Valuation Relative
37. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) BLUECLOUDS · turning · Evidence leans down · 64% evidence 49.9 out of 100 Growth Capital Valuation Relative
38. [ACS Technologies Ltd](https://www.sectoralpha.in/stocks/acs-technologies-ltd) ACSTECH · Evidence leans down · 74% evidence 49.5 out of 100 Growth Capital Valuation Relative
39. [Magellanic Cloud Ltd](https://www.sectoralpha.in/stocks/magellanic-cloud-ltd) MCLOUD · basing · Evidence leans down · 81% evidence 49.2 out of 100 Growth Capital Valuation Relative
40. [Dynacons Systems & Solutions Ltd](https://www.sectoralpha.in/stocks/dynacons-systems-solutions-ltd) DSSL · quiet · Evidence leans down · 96% evidence 48.6 out of 100 Growth Capital Valuation Relative
41. [IZMO Ltd](https://www.sectoralpha.in/stocks/izmo-ltd) IZMO · quiet · Evidence leans down · 81% evidence 48.0 out of 100 Growth Capital Valuation Relative
42. [Mastek Ltd](https://www.sectoralpha.in/stocks/mastek-ltd) MASTEK · quiet · Evidence leans down · 100% evidence 47.1 out of 100 Growth Capital Valuation Relative
43. [Sonata Software Ltd](https://www.sectoralpha.in/stocks/sonata-software-ltd) SONATSOFTW · quiet · Evidence leans down · 96% evidence 46.9 out of 100 Growth Capital Valuation Relative
44. [AvenuesAI Ltd](https://www.sectoralpha.in/stocks/avenuesai-ltd) CCAVENUE · quiet · Evidence leans down · 89% evidence 44.8 out of 100 Growth Capital Valuation Relative
45. [Unicommerce eSolutions Ltd](https://www.sectoralpha.in/stocks/unicommerce-esolutions-ltd) UNIECOM · turning · Evidence leans down · 78% evidence 44.6 out of 100 Growth Capital Valuation Relative
46. [Hexaware Technologies Ltd](https://www.sectoralpha.in/stocks/hexaware-technologies-ltd) HEXT · basing · Evidence leans down · 85% evidence 42.0 out of 100 Growth Capital Valuation Relative
47. [Allied Digital Services Ltd](https://www.sectoralpha.in/stocks/allied-digital-services-ltd) ADSL · basing · Evidence leans down · 74% evidence 41.1 out of 100 Growth Capital Valuation Relative
48. [Hypersoft Technologies Ltd](https://www.sectoralpha.in/stocks/hypersoft-technologies-ltd) quiet · Evidence leans down · 80% evidence 40.9 out of 100 Growth Capital Valuation Relative
49. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) KELLTONTEC · quiet · Evidence leans down · 96% evidence 39.0 out of 100 Growth Capital Valuation Relative
50. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) 3IINFOLTD · Too little evidence to rank firmly · 58% evidence 38.9 out of 100 Growth Capital Valuation Relative
51. [Innovana Thinklabs Ltd](https://www.sectoralpha.in/stocks/innovana-thinklabs-ltd) INNOVANA · basing · Evidence leans down · 81% evidence 37.6 out of 100 Growth Capital Valuation Relative
52. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) MINDTECK · Most evidence points down · 76% evidence 32.8 out of 100 Growth Capital Valuation Relative
53. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) AURIONPRO · basing · Most evidence points down · 93% evidence 29.7 out of 100 Growth Capital Valuation Relative
54. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) MOSCHIP · quiet · Most evidence points down · 65% evidence 26.1 out of 100 Growth Capital Valuation Relative
55. [Quick Heal Technologies Ltd](https://www.sectoralpha.in/stocks/quick-heal-technologies-ltd) QUICKHEAL · turning · Most evidence points down · 80% evidence 22.9 out of 100 Growth Capital Valuation Relative
56. Orient Technologies Ltd ORIENTTECH · quiet · Most evidence points down · 76% evidence 21.2 out of 100 Growth Capital Valuation Relative
57. [Covance Softsol Ltd](https://www.sectoralpha.in/stocks/covance-softsol-ltd) Too little evidence to rank firmly · 31% evidence 62.9 out of 100 Growth Capital Valuation Relative
58. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) losing its lead · Too little evidence to rank firmly · 43% evidence 59.3 out of 100 Growth Capital Valuation Relative
59. [TAC Infosec Ltd](https://www.sectoralpha.in/stocks/tac-infosec-ltd) TAC · quiet · Too little evidence to rank firmly · 48% evidence 58.5 out of 100 Growth Capital Valuation Relative
60. [Veefin Solutions Ltd](https://www.sectoralpha.in/stocks/veefin-solutions-ltd) VEEFIN · basing · Too little evidence to rank firmly · 43% evidence 54.2 out of 100 Growth Capital Valuation Relative
61. [Kody Technolab Ltd](https://www.sectoralpha.in/stocks/kody-technolab-ltd) KODYTECH · leader · Too little evidence to rank firmly · 35% evidence 53.5 out of 100 Growth Capital Valuation Relative
62. [Optivalue Tek Consulting Ltd](https://www.sectoralpha.in/stocks/optivalue-tek-consulting-ltd) OPTIVALUE · Too little evidence to rank firmly · 32% evidence 51.4 out of 100 Growth Capital Valuation Relative
63. [Workmates Core2cloud Solution Ltd](https://www.sectoralpha.in/stocks/workmates-core2cloud-solution-ltd) Too little evidence to rank firmly · 26% evidence 50.7 out of 100 Growth Capital Valuation Relative
64. [Trident Techlabs Ltd](https://www.sectoralpha.in/stocks/trident-techlabs-ltd) TECHLABS · Too little evidence to rank firmly · 27% evidence 47.6 out of 100 Growth Capital Valuation Relative
65. [ERP Soft Systems Ltd](https://www.sectoralpha.in/stocks/erp-soft-systems-ltd) Too little evidence to rank firmly · 36% evidence 46.7 out of 100 Growth Capital Valuation Relative
66. [Sancode Technologies Ltd](https://www.sectoralpha.in/stocks/sancode-technologies-ltd) Too little evidence to rank firmly · 35% evidence 46.6 out of 100 Growth Capital Valuation Relative
67. [63 Moons Technologies Ltd](https://www.sectoralpha.in/stocks/63-moons-technologies-ltd) 63MOONS · leader · Too little evidence to rank firmly · 46% evidence 45.6 out of 100 Growth Capital Valuation Relative
68. [XT Global Infotech Ltd](https://www.sectoralpha.in/stocks/xt-global-infotech-ltd) XTGLOBAL · Too little evidence to rank firmly · 40% evidence 45.4 out of 100 Growth Capital Valuation Relative
69. [IDream Film Infrastructure Company Ltd](https://www.sectoralpha.in/stocks/idream-film-infrastructure-company-ltd) quiet · Too little evidence to rank firmly · 42% evidence 34.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT - Software](https://www.sectoralpha.in/sectors/it-software), all 69 compared on one page. ## Which companies are close to R Systems International in size? R Systems International is the 24th largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Capillary Technologies India, Cigniti Technologies and Aurionpro Solutions. Just below it: Moschip Technologies, BLS E-Services and Sasken Technologies. ### IT - Software companies close in size

1. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) ₹4,000 crore
2. [Cigniti Technologies Ltd](https://www.sectoralpha.in/stocks/cigniti-technologies-ltd) ₹3,472 crore
3. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) ₹2,986 crore
4. R Systems International Ltd ₹2,972 crore
5. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) ₹2,970 crore
6. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) ₹2,668 crore
7. [Sasken Technologies Ltd](https://www.sectoralpha.in/stocks/sasken-technologies-ltd) ₹2,606 crore

[All 68 IT - Software companies, largest first](https://www.sectoralpha.in/sectors/it-software#all-companies)

### Companies close in size in other industries

1. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) ₹2,986 crore · IT - Software
2. [Hemisphere Properties India Ltd](https://www.sectoralpha.in/stocks/hemisphere-properties-india-ltd) ₹2,973 crore · Realty - Construction & Contracting
3. R Systems International Ltd ₹2,972 crore
4. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) ₹2,970 crore · IT - Software
5. [Indostar Capital Finance Ltd](https://www.sectoralpha.in/stocks/indostar-capital-finance-ltd) ₹2,960 crore · Finance & Investments - CV Finance

## What else do people ask about R Systems International? ### What is R Systems International's share price today? R Systems International Ltd's share price is ₹248.30, −41.9% over the past year. The whole company is worth ₹2,940 Cr on the market. In the last 52 weeks it traded between ₹220 to ₹428; today it is 14% of the way up from the low, 12.1% below its 200-day average (as of 3 November 2026). ### What were R Systems International's latest quarterly results? R Systems International Ltd reported revenue of ₹602 Cr and net profit of ₹56.0 Cr for the Jun 2026 quarter. Revenue rose 30.3% and profit fell 26.3% compared with a year earlier. Earnings per share were ₹4.69. The operating margin was 18.0%, 3.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is R Systems International's market cap? R Systems International Ltd's market capitalisation is ₹2,940 Cr at a share price of ₹248.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is R Systems International performing? R Systems International Ltd's share price has been falling for 49 weeks. In its latest quarter, revenue rose 30.3% and profit fell 26.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 7 weeks running (as of 3 November 2026). ### Will R Systems International's share price go up? This page does not forecast R Systems International Ltd's share price. What it shows instead: the share price is ₹248.30, and it has been falling for 49 weeks. Its P/E of 13.9× is higher than 24% of its own last 11 years (as of 3 November 2026). ### Who owns R Systems International? Promoters own 51.8% of R Systems International Ltd, foreign institutions 3.9%, domestic institutions 4.7% and the public 39.6% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 2.8 percentage points over 8 quarters (as of 3 November 2026). ### Does R Systems International have too much debt? R Systems International Ltd has a moderate amount of debt: its debt is 0.52× its equity, and its operating profit is 22 times its interest bill. FY25 borrowings were ₹410 Cr against equity of ₹792 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is R Systems International in its business cycle? R Systems International Ltd's FY25 operating margin was 16.0%, against a 12-year range of 6.0% to 16.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 18.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the R Systems International story? The main question: yearly earnings per share moved +41.8% while the share price moved −41.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is R Systems International a stock worth studying right now? What the numbers show: R Systems International Ltd's earnings have grown faster than its share price. Earnings per share grew +41.8% in a year while the price moved −41.9%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a R Systems International share price forecast for 2026? What management itself guided: Sustainable adjusted operating margin at 18.5%. ## Lists

- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india
- IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india

This is research, not advice. We’re not SEBI-registered.