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    R Systems International Limited

    IT services firm delivering AI-led digital product engineering to enterprises across 20 countries.

    Information Technology
    Information Technology
    View RSYSTEMS earnings calls
    ₹264.15
    -2.28% from avg

    Overview

    Price

    ₹264.15

    Market Cap

    ₹2.9k Cr

    Sector

    Information Technology

    Information Technology

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1212121212121212
    Reserves326415448534600612681780
    Borrowings523587713173130410
    Other Liabilities149200174210572519542901
    Total Liabilities4936506928331.3k1.2k1.4k2.1k
    AssetsFixed Assets721111271566275715811.1k
    CWIP20030420
    Investments341313140000
    Other Assets385526552661688641782977
    Total Assets4936506928331.3k1.2k1.4k2.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating641258796211235220
    Cash from Investing8-3219-8-21914-311
    Cash from Financing-4610-116-86-41-216209
    SummaryCapital Expenditure
    Free Cash Flow461086061193224213
    FCF Margin

    Valuation

    Assumptions

    Current — RSYSTEMS
    Price
    ₹264
    EPS (TTM)
    ₹12.67
    PE (TTM)
    20.9
    Profit growth
    0.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (38.5×) and current (20.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹264
    vs
    Fair value · 15% return
    ₹113
    57%Overvalued

    At 0.7% growth and a 21× exit, ₹264 only delivers your return if you pay ₹113. The price is currently baking in 17% growth.

    EPS grows 0.7%/yr for 5 years, then fades to 6% over 2, exits at 21×.

    YearGrowthEPS (₹)
    FY270.7%12.76
    FY280.7%12.85
    FY290.7%12.94
    FY300.7%13.03
    FY310.7%13.12
    FY323.4% ·fade13.56
    FY336.0% ·fade14.37

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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