Want to see IN:RSYSTEMS full AI Analyst Report?
Top Page
R Systems International Limited
(RSYSTEMS)
Select Model
Select Model
Rating:71Outperform
Price Target:
₹282.00
▼(-30.57% Downside)
Action:Upgraded
Date:08/06/26
Overall score is driven primarily by solid fundamentals (re-accelerating revenue growth and improved 2025 profitability) but moderated by higher financial risk from the sharp increase in leverage and weaker operating cash conversion. Technicals are mixed with a weaker longer-term trend, while valuation is supportive with a reasonable P/E and a modest dividend yield.
Positive Factors
Revenue Re-acceleration
A return to stronger revenue growth supports the company’s ability to capture demand for software engineering, modernization, cloud, data, and managed services over the medium term.
Negative Factors
Sharp Leverage Increase
The rapid increase in leverage reduces financial flexibility and raises sensitivity to interest costs, execution setbacks, or slower client spending compared with the company’s previously conservative balance sheet.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Re-acceleration
A return to stronger revenue growth supports the company’s ability to capture demand for software engineering, modernization, cloud, data, and managed services over the medium term.
Read all positive factors
R Systems International Limited (RSYSTEMS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹28.41B
Dividend Yield2.51%
Average Volume (3M)3.66K
Price to Earnings (P/E)14.7
Beta (1Y)0.88
Revenue Growth24.07%
EPS Growth-0.36%
CountryIN
Employees5,359
SectorGeneral
Sector StrengthN/A
IndustryInformation Technology Services
Share Statistics
EPS (TTM)18.00
Shares Outstanding118,492,690
10 Day Avg. Volume3,855
30 Day Avg. Volume3,658
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)6.05
Price to Sales (P/S)2.45
P/FCF Ratio27.23
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)19.5
Revenue Forecast (FY)₹24.12B
R Systems International Limited Business Overview & Revenue Model
Company Description
Operating globally, R Systems International Limited is a prominent provider of information technology (IT) and business process outsourcing (BPO) services. Its extensive suite of solutions includes AWS-driven services, comprehensive 'campaign to c...
How the Company Makes Money
RSYSTEMS primarily makes money by providing IT services and outsourced engineering to business customers under contract. Revenue is largely generated from (1) time-and-materials and dedicated team engagements, where clients pay based on billed hou...
R Systems International Limited Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
70
Positive
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.91B | 19.58B | 17.42B | 16.85B | 15.16B | 11.56B |
| Gross Profit | 7.42B | 6.71B | 5.51B | 4.40B | 4.12B | 4.16B |
| EBITDA | 3.84B | 3.36B | 2.65B | 2.63B | 2.10B | 2.02B |
| Net Income | 2.13B | 1.86B | 1.31B | 1.40B | 1.40B | 1.41B |
Balance Sheet | ||||||
| Total Assets | 20.87B | 21.02B | 12.16B | 13.15B | 8.33B | 6.92B |
| Cash, Cash Equivalents and Short-Term Investments | 2.98B | 4.01B | 1.98B | 1.82B | 2.70B | 2.73B |
| Total Debt | 4.13B | 4.10B | 728.82M | 1.31B | 771.24M | 577.31M |
| Total Liabilities | 8.57B | 8.77B | 3.51B | 4.63B | 2.88B | 2.32B |
| Stockholders Equity | 10.37B | 7.92B | 6.24B | 6.11B | 5.45B | 4.60B |
Cash Flow | ||||||
| Free Cash Flow | 1.40B | 1.76B | 2.23B | 1.91B | 604.90M | 592.56M |
| Operating Cash Flow | 1.61B | 2.20B | 2.35B | 2.11B | 963.86M | 873.15M |
| Investing Cash Flow | -3.45B | -3.26B | 147.62M | -2.23B | -213.71M | 211.89M |
| Financing Cash Flow | 2.41B | 2.09B | -2.16B | -409.09M | -864.00M | -1.16B |
R Systems International Limited Technical Analysis
Negative
406.15
Price Trends
246.61
Negative
258.62
Negative
305.43
Negative
Market Momentum
-3.27
Positive
43.09
Neutral
33.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RSYSTEMS, the sentiment is Negative. The current price of 406.15 is above the 20-day moving average (MA) of 247.22, above the 50-day MA of 246.61, and above the 200-day MA of 305.43, indicating a bearish trend. The MACD of -3.27 indicates Positive momentum. The RSI at 43.09 is Neutral, neither overbought nor oversold. The STOCH value of 33.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RSYSTEMS.
R Systems International Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹28.41B | 14.69 | ― | 3.06% | 24.07% | -0.36% | |
67 Neutral | ₹68.13B | 28.34 | ― | 1.72% | 11.50% | 16.69% | |
65 Neutral | ₹51.03B | 11.95 | ― | 1.42% | 6.64% | 5.07% | |
62 Neutral | ₹47.22B | 21.62 | ― | 0.61% | 13.17% | 1.95% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹28.34B | 40.71 | ― | 1.83% | 68.15% | 66.19% |
* General Sector Average
IN:RSYSTEMS
R Systems International Limited
238.65
-213.87
-47.26%
IN:DATAMATICS
Datamatics Global Services Limited
790.75
-214.03
-21.30%
IN:HAPPSTMNDS
Happiest Minds Technologies Ltd.
420.40
-136.19
-24.47%
IN:MASTEK
Mastek Limited
1,612.50
-794.75
-33.01%
IN:SASKEN
Sasken Technologies Ltd
1,857.25
431.28
30.24%
R Systems International Limited Corporate Events
R Systems Schedules Analyst Meetings at Mumbai Investor Conferences
Aug 7, 2026
R Systems International Limited, an India-based IT and IT-enabled services provider, operates from Greater Noida with a registered office in New Delhi and maintains listings on both NSE and BSE. Its engagement with analysts and institutional inves...
R Systems Overhauls Board, Names Shailesh Kekre as Next Chairman
Jun 25, 2026
R Systems International Limited has announced a major board reshuffle, with the tenures of Chairperson and Independent Director Ruchica Gupta and Independent Directors Kapil Dhameja and Aditya Wadhwa ending at the close of business on June 28, 202...
R Systems Investors Back 2025 Accounts and Board at Fully Virtual AGM
Jun 25, 2026
R Systems International Limited informed the Indian stock exchanges that its 32nd Annual General Meeting was held on June 25, 2026 via video conferencing and other audio-visual means. The company has released the scrutinizer’s report and det...
R Systems Promoter Confirms No Pledge on Company Shares in FY26
Jun 10, 2026
BCP Asia II Topco II Pte. Ltd., the promoter of R Systems International Limited, has informed Indian stock exchanges that it did not create any encumbrance, direct or indirect, over its equity shares in the company during the financial year ended ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.