R Systems International Limited has informed the Exchange about Transcript of the Investors/ Analysts call held on Friday, May 09, 2025 on the financial results for the quarter ended on March 31, 2025
RSYSTEMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
R Systems International held its Q1 FY2025 earnings call for the quarter ended March 31, 2025. Revenue came in at INR 442.5 crores ($51.1 million), down 1.5% quarter-on-quarter but up 6.2% year-on-year. Adjusted EBITDA margin stood at 17.4%, an improvement of 296 basis points from 14.4% in the same quarter last year, while net profit was INR 41.1 crores ($4.8 million). The board declared an interim dividend of INR 6 per share. Management attributed the slight QoQ dip to tariff-induced uncertainties causing client decision-making delays and some discretionary spend cancellations, calling it a 'bittersweet quarter' rather than a secular trend. The company reported several large deal wins in product engineering, AWS IoT connectors, GCC setups for mid-market tech firms, and expansions in Mexico, with a net addition of 50 employees. Management is confident of maintaining last year's adjusted EBITDA rate of 16.7% for CY2025.
Margin expansion of nearly 300 bps YoY and a healthy cash position of INR 243 crores plus INR 6 per share interim dividend are positives for shareholders. The minor QoQ revenue softness is being framed as transient and tied to macro/tariff uncertainties, with management pointing to a robust large-deal pipeline for a recovery. Above-industry growth is achievable if deal conversion happens on time.