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NSE:RAMCOSYS

RAMCO SYSTEMS LTD.

Information Technology › IT - Software
₹522.20
at close · 28 Oct 2026
▲ 17.25 (+3.42%)

Latest filings

  1. 13,738 shares allotted on employee option exercises · Capital Market Events
  2. Ramco Q2 FY27 revenue rises 4% QoQ but profit stays near breakeven · Compliance
  3. Ramco Q2 profit falls 96 percent as standalone result swings to loss · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Builds and deploys enterprise software products, with the two main revenue engines being aviation maintenance software and global payroll managed services. The aviation product, Ramco Aviation, handles engine and APU maintenance, repair and overhaul workflows — including engineering, planning, supply chain, and accounting modules — and is used by over 90 aviation organisations covering more than 4,000 aircraft and 24,000-plus users; UK-based CFS Aero is a recent addition. The payroll line, Ramco Payce, runs payroll across multiple countries on a single platform and was deployed for engineering consultancy Aurecon across seven Asia Pacific markets; the payroll business grew 25% year-on-year in FY26. The company has also launched 'Chia', an AI agent platform, and signed an MoU with ST Engineering for aviation MRO solutions. About 57% of FY26 revenue was recurring, and management has flagged near-term moderation in aviation demand from West Asia geopolitical conditions. Employee costs at 45.8% of revenue are the largest expense, with other operating expenses at 31.3% and depreciation at 13%.

Operating scale
Aviation organisations on Ramco Aviation
90+
Aircraft managed on platform
4,000+
Users on Ramco Aviation
24,000+
FY26 order bookings
USD 51.7M
Unexecuted order book
USD 152.3MQ1 FY27
Employees
1,506
Who pays it
Aerospace MRO operators and aviation organisations; multinational enterprises needing payroll across Asia Pacific; large enterprises buying enterprise software
Biggest cost
Employee costs at 45.8% of revenue
Kind of business
People-driven enterprise software products and services, asset-light
Where it sits
Mid-sized enterprise software company; aviation MRO product used by 90+ organisations across 4,000+ aircraft; payroll footprint across multiple Asia Pacific markets
Market Cap
₹1,964 Cr
P / E (TTM)
47.0×
EV / EBITDA
13.2×
Div Yield
—
Growth
2.3%▲
Revenue 5y CAGR
PAT -5.8% · EBITDA -4.9%
Quality
-10.3%·
ROCE (5y median)
ROE -12.5% (5y median) · margin 20.6%
Leverage
0.00·
Debt / Equity · low
Net cash ₹123 Cr
Revenue FY21→FY26
1.1×▲
Margin −3.1 pts
₹626 Cr → ₹701 Cr
Moves on a normal day
2.02%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 43 Software Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#26/32
P/B#33/38
ROCE#9/40
ROE#8/38
Debt / Equity#1/38
EBITDA margin#22/35
Revenue growth#20/33
Profit growth#27/41

Scorecard

Measured from the filed financials, judged against its Software Products peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Slow revenue growth — 2% a year over 5 years
Profit shrinking over 5 years (−6% a year)
Erratic profits — up in only 2 of the last 5 years
Negative returns on capital — −10.3% (5-year median)
#9 of 40 in Software Products on the latest reported figures · down from 15.5% in FY21

Charts

How has the market priced it — with filings on the timeline?

RAMCOSYS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from RAMCO SYSTEMS LTD.'s filed financials and exchange disclosures

What does RAMCO SYSTEMS LTD. do?

RAMCO SYSTEMS LTD. is a IT - Software company listed on NSE and BSE, trading under the symbol RAMCOSYS.

Is RAMCO SYSTEMS LTD. profitable?

Yes. Over the trailing twelve months RAMCO SYSTEMS LTD. reported a net profit of ₹42 Cr on revenue of ₹712 Cr.

Does RAMCO SYSTEMS LTD. pay a dividend?

Not in the latest reported year — RAMCO SYSTEMS LTD.'s dividend payout for FY26 was nil.

Is RAMCO SYSTEMS LTD. debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹123 Cr of cash.

Is RAMCO SYSTEMS LTD. expensive compared with its peers?

On trailing P/E, RAMCO SYSTEMS LTD. ranks 26 of 32 in Software Products — cheaper than 19% of them, against an industry median of 18.1×. This is a position, not a valuation judgement.

How much does the RAMCO SYSTEMS LTD. share price move in a day?

On a typical session RAMCO SYSTEMS LTD. moves 2.02% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track RAMCO SYSTEMS LTD.'s announcements?

Every NSE and BSE filing by RAMCO SYSTEMS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.