Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Sep
Source: Bse
R Systems International Limited (RSYSTEMS)
Small CapIT stocks · Small cap · NSE
R Systems International Limited operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 12:17 pm ISTDetails
Quote21 Oct, 12:17 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result05 Aug, 02:29 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
70BullishSMA20 +4.9% / mo · MACD − · sector +18.6pp vs Nifty 500 (3M)
Stock trend: 50
Sector RS: 100
Sector 3M: +12.7% vs Nifty 500 -5.9%
IT FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
RSYSTEMSD candles · FIT view-3.7%TODAY · PROVISIONALLatest price ₹258.00 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
+0.0%
RSI
51
MACD hist
-0.49
52W pos
20%
2026-10-21O ₹257.90H ₹262.65L ₹254.10C ₹258.00Vol 3.1L shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
RSYSTEMSNifty ITNifty 500
- RSYSTEMS
- +2.6%
- Nifty 500
- -5.6%
- Nifty IT
- +8.1%
- Vs Nifty 500
- +8.2 pp
Chart stats
19 Oct 2026- From 52W high
- -41.0%
- 52W range position
- 20%
- ATR (14)
- 5.7%
- Volume vs 20D
- 0.04x
- Avg traded value
- ₹275 Cr
- 20D price channel
- ₹232.3 - ₹306
₹435.9
₹213.5 - ₹435.9
₹14.7
Latest completed session
20-session average
91.1% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend supports entry, and recent execution is weak.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED63
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad15
Revenue +30.3% · PAT -26.3% YoY
Technical
Bullish70
Price trend and sector-relative-strength timing.
Valuation
Legacy model+50.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence70
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 15/100PAT -26% YoY · Rev +30% YoY · margin expansion
Filed 04 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹602 Cr | +30.3% | +4.7% |
| EBITDA | ₹111 Cr | +58.6% | +6.7% |
| Operating margin | 18.0% | +300 bps | +0 bps |
| PAT | ₹56 Cr | -26.3% | -13.8% |
| PAT margin | 9.3% | -715 bps | -200 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 14.10
- P/B
- 2.70
- EV/EBITDA
- 7.24
- Market Cap
- 2961.00Cr
Profitability
- ROE
- 24.40%
- ROCE
- 19.50%
- ROA
- 9.15%
- Dividend Y
- 3.20%
Growth (CAGR)
- Revenue 5Y
- 17.00%
- EPS 5Y
- 16.00%
- Revenue 3Y
- 9.00%
- EPS 3Y
- 7.00%
Balance Sheet
- Debt/Equity
- 0.34
- Interest Coverage
- 12.67×
- Altman Z
- 4.31
- Book Value
- 92.70
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 7/5
- OCF
- 220.00 Cr
- EPS TTM
- 16.27
Shareholding
- Promoter Hold
- 51.85%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 16%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 2,230+28.0% vs prev
Net Profit
₹ CrLatest: 186+42.0% vs prev
Return on Equity
%Latest: 23.5+11.9% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 51.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~4.9% over last month) — short-term momentum positive.
- RSI(14) at 51 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 41% off 52W high · 21% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
28
RS percentile
Stage 1 Base / Transition
1M return
+6.2%
3M return
+2.6%
6M return
-10.9%
1Y return
-37.7%
RS 1D
0
RS 20D
+12
Sector rank
#8
Industry rank
#39
Stage evidence
- Price is within 0.1% of the 30-week proxy.
- The 30-week proxy changed -1.3% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price above
200-DMA
price below
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 65.18-0.69%
RS vs Nifty 50065
Valuation & peers
U-Score 63 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 63 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · UNDERVALUEDValuation15/30
Growth12/25
Quality15/20
Balance Sheet11/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
63
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
63/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 50.6%.
- Quality contributes 15/20 to the score.
Main drags
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
- Growth is weaker at 12/25; verify the latest quarterly trend.
- Valuation is weaker at 15/30; verify the latest quarterly trend.
Sector valuation model
IT valuation: PE and EV/EBITDA against growth and margins
Asset-light IT companies deserve valuation support only when growth, margins, and cash conversion hold up.
Primary lens
PE and EV/EBITDA relative to revenue growth, margins, and cash conversion.
Secondary checks
Deal pipeline, attrition, dollar revenue growth, FCF yield.
Main risk check
Low PE can reflect weak growth or margin pressure.
PE
14.1
PB
2.7
EV/EBITDA
7.2
ROE
24.4%
ROCE
19.5%
FCF Yield
—
Debt/Equity
0.3
MoS
+50.6%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
63
Previous: 63
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+50.6%
Previous: +50.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
63
63
63
63
63
63
63
63
63
63
63
63
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹184.21
-40.1% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹522.27
+50.6% MoS
PEG
1.14
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
NIITMTS
Small
NIIT Learning Systems Limited
IT Services / Digital
match 167
67
12.0
15.5%
+67%
UNDERVALUED
SANDHAR
Small
Sandhar Technologies Limited
IT Services / Digital
match 166
53
15.9
11.5%
+53%
FAIR VALUE
VERANDA
Small
Veranda Learning Solutions Limited
IT Services / Digital
match 164
55
31.8
3.8%
+92%
FAIR VALUE
PROTEAN
Small
Protean eGov Technologies Limited
IT Services / Digital
match 164
28
30.3
10.0%
-210%
OVERVALUED
RAMCOSYS
Small
Ramco Systems Limited
IT Services / Digital
match 164
46
33.2
18.1%
-473%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
R Systems International Limited operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
70Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 63rd percentile of the scored universe and 58th percentile within IT. Main check: results consistency is weak at 54/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
107 docs text-extracted · 32 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
63rd percentile
overall median 67 · IT: 58th pctile, median 69 · Small: 65th pctile, median 66
Evidence depth
Financial-only
107 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
58
watch · capital discipline
Results
54
watch · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸7 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸OPM spread across recent quarters is 4%.
Trust risks
- ▸ROCE trend is -2.5%.
- ▸1/4 latest quarters had positive YoY PAT growth.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching R Systems International Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Aug - Newspaper Advertisement regarding dispatch of postal ballot notice
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Aug
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 7 Jul - CRISIL reaffirmed R Systems’ AA-/Stable rating for bank loans and Rs. 275 crore NCDs.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment 27 Jun - Approved allotment of 6,213 equity shares on RSU exercise; paid-up capital rose to INR 118,492,688.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May - Newspaper Advertisement- Notice to the shareholders for 32nd AGM of the Company and remote e-voting information
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 29 May
Source: Bse
Annual report
Annual Report 2025
Source: Bse
Annual report
Business Responsibility and Sustainability Reporting (BRSR) 29 May - Submitted FY2025 Business Responsibility and Sustainability Report as part of Annual Report 2025.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.