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Ramco Systems Ltd share Price Today

Company details

325.00
335.00
245.00
449.80
6M Return 17.17%
1Y Return 27.01%
Mkt Cap.(Cr) 1,175.94
Volume 24,934
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 24,934

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IT Consulting & Software company Ramco Systems announced Q4FY24 & FY24 results:

  • For FY24, global consolidated income of Ramco Systems Limited was USD 64.41 million (Rs 529.9 crore). The net loss after tax for the year stood at USD 29.41 million (Rs 241.9 crore).
  • Recurring Revenue grew at a healthy pace of 13% YoY, as compared to 5% last year
  • Signed 11 "Million-Dollar plus" deals; Q4 witnessed the addition of a record multi-million-dollar deal signed in the history of Ramco Systems
  • Unexecuted Order Book stood at a healthy USD 188 million

Commenting on the results, P.R. Venketrama Raja, Chairman, Ramco Systems, said, "FY24 has been an eventful year for Ramco Systems. With an uptick in revenue and order bookings, the company achieved cashflow stabilization. The year also marked the beginning of our tech modernization journey with the launch of Ramco Payee. Our commitment to improving user experience and scalability, coupled with the adoption of cutting-edge technology stacks, is enabling us to provide best-in-class enterprise applications. I am confident that our emphasis on operational excellence will drive client satisfaction and enhance business agility."

Sundar Subramanian, CEO, Ramco Systems, said, "Our turnaround efforts are underway, and we are beginning to see positive signs of progress. Our strategic direction will remain focused on platform modernization and transformation. Our commitment to customer-centricity, combined with the power of our Saas-enabled platform, will empower organizations with seamless access to cutting-edge technologies and swift deployment, helping us deliver excellence. With our rich and extensive IP and specialized offerings in Aviation MRO and Global Payroll, I am confident that we are well-positioned to capture a significant share of the broader market."

Result PDF

View Other Company Results

Ramco Systems Ltd shares SWOT Analysis

Strengths (5)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt
  • Increasing Revenue every quarter for the past 2 quarters

Weakness (8)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (1)

  • Stock with Low PE (PE < = 10)

Threats (2)

  • Promoter decreasing their shareholding
  • Increasing Trend in Non-Core Income

Resistance and support

R1 336.3
R2 340.7
R3 346.3
Pivot

330.67

S1 326.3
S2 320.7
S3 316.3
EMA SMA
331.8
336.3
327.8
311.5
333.9
349.9
327.2
308.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-04-15 402.9 315144 NSE
HRTI PRIVATE LIMITED Bulk Purchase 2024-04-15 401.9 274156 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-04-15 403.31 315144 NSE
Name Category Shares
P R VENKETRAMA RAJA PROMOTER 9.47%
NALINA RAMALAKSHMI PROMOTER 0.91%
R SUDARSANAM PROMOTER 0.82%
SARADHA DEEPA PROMOTER 0.67%
RAMCO INDUSTRIES LIMITED PROMOTER 20.07%
THE RAMCO CEMENTS LIMITED PROMOTER 15.3%
RAJAPALAYAM MILLS LIMITED PROMOTER 2.07%
RAMCO INDUSTRIAL AND TECHNOLOGY SERVICES LIMITED PROMOTER 1.6%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Ramco Systems Ltd Stocks COMPARISON

Financials( in Cr) Ramco Systems Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 332.00 3,832.05 1,488.90 1,431.05 477.50
% Change 0.18 -1.19 -0.34 -0.91 -1.06
Mcap Cr 1,175.94 1,386,469.41 618,022.59 388,339.03 249,500.34
Revenue TTM Cr 492.22 240,893.00 153,670.00 101,456.00 90,487.60
Net Profit TTM Cr -206.86 46,099.00 26,248.00 14,845.00 11,366.50
PE TTM 0.00 29.75 23.75 24.73 22.60
1 Year Return 27.01 18.14 14.11 26.50 20.72
ROCE 0.00 62.85 44.74 27.62 17.11
ROE 0.00 51.04 37.12 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 523.14 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,088.77 -1,030.79
LAST 3M 113,155.52 -39,495.50
LAST 6M 184,812.44 -13,263.60
LAST 12M 291,038.85 99,015.20

Ramco Systems Ltd Information

Stock PE (TTM)
0
Promoter Holding
51.89%
Book Value
87.7455
ROCE
0%
ROE
0%
Description
  • Established in 1989, Ramco Systems is a part of the Chennai based Ramco Group. Ramco is a global provider of Enterprise Solutions and Services in key areas such as Manufacturing, Aviation, Asset Management, Trading & Logistics, Healthcare, eGovernance, Banking & Financial Services, Corporate Performance Management and Human Resources Management. It is also a Siebel Alliance Partner and provides CRM implementation services to global customers. The company has got transferred the assets of erstwhile software business division of Ramco Industries effective from April 1, 1999 for the purpose for which it was originally established. Also, the investments made by Ramco Industries in its overseas software subsidiaries were transferred to Ramco Systems. Ramco provides Converged Networking Solutions, Information Security Services and total Contact Centre Solutions. In the Factory Automation space, Ramco provides Engineering Process Optimization solutions to the Cement, Chemical and Power sectors. Ramco Systems software development practices are ISO 9001 Certified and Development Centers assessed at SEI CMMI-SW Level 5. The company has a global presence with 16 offices in 9 countries across USA, Europe, Asia-Pacific, Middle East and South Africa. Ramco System (RSL) has successfuly transformed itself into an qualityenterprise solutions provider in global markets from an simple ERP softwareprovider. Today, the Ramco e.applications family of enterprise solutionscover over 15 industries in four broad areas - enterprise resourcemanagement (ERP), enterprise asset management (EAM), human resources Ramco Systems Ltd customers include Citigroup, Conair, ICI, PHI, Intel, ICICI, Ericsson, Moser Baer, Philips, Reliance Energy, Revertex, AEC, Seagate, eThekwini, Savage Arms, Amara Raja Batteries, Schlumberger, Rakbank, Ruag Aerospace, Swatch Group, GOAP, CavinKare, MJB Wood, Essex Crane, MMTC, Columbia Helicopters, Madras Cements, Tropical Cheese, Preferred Meals, Agilent, Radisson Edwardian, Bemis etc. The company has established in USA, Switzerland, Malaysia & Singapore, also a branch in UK for marketing and implementing the software developed in India. In 2000-2001, the company added two new business lines namely Software consulting projects & Services centered around e-business solutions. The major strategic partnership which the company concluded during 2000-2001 are with Boeing, Sun Microsystems, Siebel & Nortel Networks. It alsohas recently signed an exclusive agreement with the Boeing Company tojointly develop and market Enterprise Maintenance Solutions for globalaviation industry. In Oct. 2001, RSL has entered into a partnership with Enterasys Networks,USA. Through this partnership, Ramco offers Enterasys Networking productsas part of its enterprise solutions to its customers. Company`s ASP software solutions has been recognised by leading bodies likethe ASP consortium in Europe.The company has bagged the Gold Award in thecategory of `Most Innovative Software` from the ASP consortium at CeBIT2003 which was held in Germany. During 2002-03, the company has also won the Best Solution Provider Awardat the International Conference & Exposition organised by AmericanProductivity & Inventory Control Society(APICS) in USA. During 2003-2004, the company came out with a Rights Issue of 3,872,511 Equity shares of Rs.10/- each at a premium of Rs.190/- per Equity share in the ration of one Equity share for every two shares held (1:2) During 2004-2005, Ernst & Young Europe certified the companies Ramco Accounting & Financial Management software conforming to Swiss and German Standards. Microsoft has elevated the company to Gold Certified Partner Status. The Board of Directors of the company subject to the approval of shareholders approved the transfer of the Secured Converged Networking (SCN divison) to a wholly owned subsidiary of the Company M/s Ramco infotech Ltd at the meeting held on 27th May 2006. During 2005-2006, the company ventured in to new countries with confirmed orders such as New Zealand and South Korea. The company also successfully completed the rights issue of 3,070,757 equity shares of Rs.10/- each at a premium of Rs.200/- per equity share in the ratio of one equity share for every four equity share held (1:4).

Registered Address

47 PSK Nagar, , Rajapalayam, Tamil Nadu, 626108

Tel : 91-4563-235688
Email : InvestorRelations:ramco.com; rkc:ramco.com
Website : http://www.ramco.com
Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532370
NSE Code : RAMCOSYS
Book Closure Date (Month) :
BSE Group : B
ISIN : INE246B01019

FAQ’s on Ramco Systems Ltd Shares

You can buy Ramco Systems Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ramco Systems Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:48 PM the closing price of Ramco Systems Ltd was Rs.332.00.

The latest PE ratio of Ramco Systems Ltd as of Jun 14, 2024 03:48 PM is 0.00

The latest PB ratio of Ramco Systems Ltd as of Jun 14, 2024 03:48 PM is 0.26

The 52-week high of Ramco Systems Ltd share price is Rs. 449.80 while the 52-week low is Rs. 245.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:48 PM, the market cap of Ramco Systems Ltd stood at Rs. 1,175.94.

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