Is Ramco Systems a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ramco Systems Ltd is a below average quality company .

Is Ramco Systems undervalued or overvalued?

The key valuation ratios of Ramco Systems Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Ramco Systems share price return in the past 10 years?

Ramco Systems Ltd share price has declined -1.1% annually (CAGR) over the past ten years.

Is Ramco Systems a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ramco Systems Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Ramco Systems Ltd - Stock Valuation and Financial Performance

Name: Ramco Systems
Brand: Ramco Systems

BSE: 532370 | NSE: RAMCOSYS | IT - Software | Small Cap

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Ramco Systems Share Price

₹383.55 -12.65 -3.19%
as on 21-Nov'24 16:59

10 Year X-Ray of Ramco Systems:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	5.4%	6.9%	-5.3%	6.4%	7.6%	6.9%	17.5%	-10.8%	-36.4%	-53.5%	-
Value Creation Index ⓘ	-0.6	-0.5	-1.4	-0.5	-0.5	-0.5	0.3	-1.8	-3.6	-4.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	360	441	449	469	542	569	626	531	492	526	539
Sales YoY Gr.	-	22.3%	1.9%	4.5%	15.5%	4.9%	10.1%	-15.2%	-7.3%	6.8%	-
Adj EPS ⓘ	6.4	6.6	6.1	3.3	6.3	1.9	16.3	-23.5	-58	-65.9	-21.2
YoY Gr.	-	3.3%	-7.8%	-45.6%	89.5%	-70.5%	777.4%	-243.8%	NA	NA	-
BVPS (₹) ⓘ	101.3	161.9	167.3	172	179.8	188.8	204.2	181.8	137.3	71.7	83.6
Adj Net Profit ⓘ	15.5	19.9	18.6	10.2	19.3	5.7	50.1	-72.3	-204	-233	-79
Cash Flow from Ops. ⓘ	21.9	18.8	36.7	7.7	8.4	50.5	166	91.8	40.3	104	-
Debt/CF from Ops. ⓘ	13.6	0	0.1	5	9.8	1.9	0	0	0.9	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.3%	-0.6%	-5.7%	6.8%
Adj EPS ⓘ	-229.5%	-259.9%	-259.2%	NA
BVPSⓘ	-3.8%	-16.8%	-29.4%	-47.8%
Share Price	-1.1%	21.9%	-1.5%	39.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	8.6	5.2	3.5	1.9	3.4	1	8	-11.7	-36.7	-55.3	-27.3
Op. Profit Mgn % ⓘ	20	16.9	4.7	16.1	17.2	17.2	26.3	0.1	-32	-38	3.3
Net Profit Mgn % ⓘ	4.3	4.4	4.2	2.2	3.7	1.1	8.2	-13.5	-41.6	-44.3	-14.6
Debt to Equity ⓘ	1.2	0	0	0.1	0.2	0.2	0	0	0.1	0	0
Working Cap Days ⓘ	235	267	296	305	323	359	343	372	338	206	72
Cash Conv. Cycle ⓘ	83	75	52	31	39	57	53	64	64	29	-21

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -5.66%

Sales growth is not so good in last 4 quarters at 3.77%

Latest Financials - Ramco Systems Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-12.7	-21.2
TTM Sales (₹ Cr.)	298	539
BVPS (₹.) ⓘ	206.5	83.6
Reserves (₹ Cr.) ⓘ	730	274
P/BV ⓘ	1.92	4.74
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	262.05 / 455.00
All Time Low / High (₹)	38.13 / 1113.00
Market Cap (₹ Cr.)	1,473
Equity (₹ Cr.)	37.2
Face Value (₹)	10
Industry PE ⓘ	34.4

Management X-Ray of Ramco Systems:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Ramco Systems

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Ramco Systems

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	360	441	449	469	542	569	626	531	492	526
Operating Expenses ⓘ	293	367	440	394	453	471	462	532	653	738
Manufacturing Costs	12	8	11	9	14	10	9	12	11	13
Material Costs	2	2	4	1	3	1	6	1	1	3
Employee Cost	162	199	206	202	233	256	276	296	341	306
Other Costs ⓘ	117	158	219	183	204	204	170	223	300	415
Operating Profit ⓘ	68	74	10	75	89	98	165	-1	-161	-212
Operating Profit Margin (%)	18.8%	16.8%	2.1%	16.0%	16.4%	17.2%	26.3%	-0.1%	-32.7%	-40.3%
Other Income ⓘ	5	9	10	12	10	16	23	9	32	63
Interest ⓘ	12	4	3	2	5	13	10	7	11	8
Depreciation ⓘ	45	46	48	50	51	66	69	75	81	87
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	15	33	-31	34	42	34	108	-73	-221	-244
Tax ⓘ	2	9	-41	23	25	23	51	0	-14	-2
Profit After Tax	13	24	11	11	17	11	57	-73	-207	-242
PAT Margin (%)	3.5%	5.4%	2.4%	2.4%	3.1%	1.9%	9.0%	-13.7%	-42.0%	-46.0%
Adjusted EPS (₹)	5.2	8.1	3.5	3.7	5.4	3.3	18.1	-23.8	-58.7	-68.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	247	486	509	526	551	578	628	561	484	254
Share Capital ⓘ	24	30	30	31	31	31	31	31	35	35
Reserves ⓘ	223	456	479	495	520	548	597	530	449	219
Minority Interest	0	0	1	1	1	2	3	3	3	4
Debt	272	0	5	38	82	93	0	0	38	0
Long Term Debt	218	0	0	0	0	7	0	0	0	0
Short Term Debt	54	0	5	38	82	86	0	0	38	0
Trade Payables	25	38	49	46	45	58	56	69	69	72
Others Liabilities ⓘ	108	136	66	99	126	219	254	238	317	310
Total Liabilities ⓘ	652	660	629	709	805	950	941	871	912	640
Fixed Assets
Gross Block	641	587	628	616	670	805	873	964	1,106	1,196
Accumulated Depreciation	267	314	360	356	406	466	533	607	686	764
Net Fixed Assetsⓘ	373	273	267	260	264	339	340	357	421	433
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	1	2	3	3	3	3	3	3	12	2
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	129	143	114	118	146	190	182	167	152	95
Cash Equivalents	11	7	8	14	11	15	15	13	68	28
Others Assetsⓘ	138	234	237	314	381	403	401	332	259	83
Total Assets ⓘ	652	660	629	709	805	950	941	871	912	640

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	22	19	37	8	8	50	166	92	40	104
PBT ⓘ	15	33	-31	34	42	34	108	-73	-221	-244
Adjustment ⓘ	78	82	105	61	87	113	93	131	187	248
Changes in Working Capital ⓘ	-70	-94	-37	-86	-118	-92	-32	42	77	104
Tax Paid ⓘ	-1	-1	-1	-1	-3	-4	-3	-7	-3	-5
Cash Flow From Investing Activity ⓘ	-44	-47	-34	-44	-50	-57	-66	-85	-127	-77
Capex	-45	-46	-42	-43	-55	-58	-69	-87	-117	-88
Net Investments	0	-2	0	0	0	0	-1	1	-10	10
Others ⓘ	1	0	8	-1	5	1	4	2	0	2
Cash Flow From Financing Activityⓘ	24	22	8	36	46	-2	-103	-9	148	-56
Net Proceeds from Shares ⓘ	127	322	5	2	1	0	2	2	120	1
Net Proceeds from Borrowing ⓘ	60	-242	0	0	0	10	-10	0	30	-30
Interest Paid ⓘ	-35	-4	-1	-1	-4	-5	-3	0	-5	-1
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-129	-54	5	36	49	-7	-92	-11	2	-27
Net Cash Flow ⓘ	2	-6	11	0	4	-9	-3	-3	61	-29

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	7.13	6.49	2.16	2.21	3.13	1.9	9.39	-12.27	-39.59	-65.44
ROCE (%)	5.38	6.9	-5.28	6.42	7.58	6.9	17.47	-10.83	-36.37	-53.46
Asset Turnover Ratio	0.59	0.67	0.7	0.7	0.72	0.65	0.66	0.59	0.55	0.68
PAT to CFO Conversion(x)	1.69	0.79	3.36	0.73	0.47	4.55	2.91	N/A	N/A	N/A
Working Capital Days
Receivable Days	118	113	105	90	89	108	108	120	118	86
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	4,190	4,843	4,201	0	5,834	0	3,451	0	0	7,917

Ramco Systems Ltd Stock News

Ramco Systems Ltd FAQs

What is the share price of Ramco Systems?

Company share prices are keep on changing according to the market conditions. The closing price of Ramco Systems on 21-Nov-2024 16:59 is ₹383.6.

What is the market cap of Ramco Systems?

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 21-Nov-2024 16:59 the market cap of Ramco Systems stood at ₹1,472.8.

What is the P/E ratio of Ramco Systems?

The latest P/E ratio of Ramco Systems as of 21-Nov-2024 16:59 is 0.00.

What is the P/B ratio of Ramco Systems?

The latest P/B ratio of Ramco Systems as of 21-Nov-2024 16:59 is 1.92.

What is the 52-week high and low of Ramco Systems?

The 52-week high of Ramco Systems is ₹455.0 and the 52-week low is ₹262.1.

What is the TTM revenue of Ramco Systems?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ramco Systems is ₹298.0 ( Cr.) .

About Ramco Systems Ltd

Ramco Systems, part of the Ramco Group, has delivered enterprise software and services since 1989. Today, Ramco is a global provider with customers in 35 countries and more than 1,800 employees in 9 countries.

To keep pace with todayâ€™s customer-driven business environment, companies must re-think their business processes. Enterprise applications now need to adapt to the business, and not the other way around. As companies face increasing competitive pressure and are inhibited by inefficient IT systems, it is clear that current enterprise applications are no longer meeting the business demands.

Ramco delivers solutions that address this with flexible enterprise applications that can be delivered quickly and cost-effectively into complex environments. It also gives companies the agility they need to stay competitive by enabling fast, flexible deployment and change on demand of business applications. Ramco VirtualWorks ensures maximum flexibility to execute a business process strategy - so when business needs change systems change automatically.

Clientele

The company is having a long list of clients it 100,000+ users in 1,000 customer locations across 35 countries. Select customers include, ABB Ltd., Adams (Thailand) Ltd., Amtek Auto Ltd., Columbia Helicopters, East India Hotels, ICICI Bank, JK Cement, Lotte India, Jeju Air etc.

Solutions offered by the company:

Application Maintenance: Ramco Application Development and Maintenance Services can enhance your existing portfolio with custom applications spanning across technology platforms. Our consultants work with you to assess the systemâ€™s weaknesses and build personalized a solution to significantly reduce your Total Cost of Ownership (TCO).
Infrastructure Maintenance: Ramco was the first company to provide global enterprise resource planning (ERP)-on-demand. They remain the premiere source for all your IT function needs, providing comprehensive, end-to-end infrastructure management services.By working with their customers to help them adopt best practices, they can streamline your infrastructure and substantially reduce your total cost of ownership.
Validation Services: From a large-scale transformation initiative to specific point solutions, Ramco offers your business end-to-end validation services for enterprise applications, integration technologies, compliance, and web applications. Their unique tools and methodologies ensure that the entire production meets expectations with consistently high quality.
OnDemand ERP: Ramco OnDemand ERP solution is a monthly subscription model for growing business. The solution streamlines and integrates multiple functions and systems into one solution and gives total visibility and control of operations. As easy to use as e-mail, it requires minimal training and can be accessed from anywhere.
Business Process Outsourcing: Ramco platform-based business process outsourcing services span your enterprise function needs, including finance and accounting; human resource management systems; and procurement and analytics. Whether you want to outsource your existing technology platform or move to their best of breed platform-based solutions, they will work with you to design a system tailored to your business goals and objectives.

Achievements:

KPMG Maturity Level 5 of the Capability Maturity Model Integrated Software Discipline.
ISO 9001 : 2000
ISO 27001
Ernst and Young Software Certification for Financial Application

Future plans :

Ramco is planning to Introduce Corebanking Analytics Solution. Ramco targets 5,000 users by March next for ERP service