R Systems International Limited has informed the Exchange about Transcript
RSYSTEMS · price
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R Systems reported Q2 FY2025 revenue of INR 462 crores (USD 54 million), up 4.4% quarter-on-quarter and 6.9% year-on-year in rupee terms. Adjusted EBITDA stood at INR 79.7 crores (USD 9.3 million), a 17.3% margin versus 16.5% in the same quarter last year, an improvement of 74 basis points. Adjusted net profit was INR 46.4 crores (USD 5.4 million), up 53.4% year-on-year, with adjusted EPS of INR 3.92. The company also booked a one-time non-recurring income of INR 40.9 crores from the sale of its NOIDA office land and building. Management highlighted broad-based growth, with North America contributing about 75% of revenue, a CSO hire expected this quarter, and active scaling of Mexico operations. The board has approved a INR 2,000 crore borrowing facility and INR 275 crore NCD issuance specifically to enable inorganic acquisitions in the product engineering, data, AI, and cloud space.
Positive for shareholders: margin expansion of 74 bps YoY, strong 53% PAT growth, and a one-time INR 40.9 crore gain from asset sale boosted reported profits. Acquisition war chest signals potential inorganic growth catalyst, though no specific target has been announced yet. DSO of 68 days (up from ~62-64) is a temporary blip from new ERP rollout and should normalize.