Ramco Systems Ltd - Stock Valuation and Financial Performance

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

Ramco Systems Share Price

504.30 -9.65 -1.88%
as on 11-Dec'24 16:59

DeciZen - make an informed investing decision on Ramco Systems

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Ramco Systems stock performance -

mw4me loader
P/E Ratio (CD):
0.00
Market Cap:
1,874.6 Cr.
52-wk low:
262.1
52-wk high:
522.4

Is Ramco Systems Ltd an attractive stock to invest in?

1. Is Ramco Systems Ltd 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.

2. Is Ramco Systems Ltd 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 Overvalued zone.

3. Is Ramco Systems Ltd a good buy now?

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

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ramco Systems Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 5.4%6.9%-5.3%6.4%7.6%6.9%17.5%-10.8%-36.4%-53.5%-
Value Creation
Index
-0.6-0.5-1.4-0.5-0.5-0.50.3-1.8-3.6-4.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 360441449469542569626531492526539
Sales YoY Gr.-22.3%1.9%4.5%15.5%4.9%10.1%-15.2%-7.3%6.8%-
Adj EPS 6.46.66.13.36.31.916.3-23.5-58-65.9-21.2
YoY Gr.-3.3%-7.8%-45.6%89.5%-70.5%777.4%-243.8%NANA-
BVPS (₹) 101.3161.9167.3172179.8188.8204.2181.8137.371.783.6
Adj Net
Profit
15.519.918.610.219.35.750.1-72.3-204-233-79
Cash Flow from Ops. 21.918.836.77.78.450.516691.840.3104-
Debt/CF from Ops. 13.600.159.81.9000.90-

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 0.9% 29.8% 2% 78.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
8.65.23.51.93.418-11.7-36.7-55.3-27.3
Op. Profit
Mgn %
2016.94.716.117.217.226.30.1-32-383.3
Net Profit
Mgn %
4.34.44.22.23.71.18.2-13.5-41.6-44.3-14.6
Debt to
Equity
1.2000.10.20.2000.100
Working Cap
Days
23526729630532335934337233820672
Cash Conv.
Cycle
83755231395753646429-21

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.) 676 274
P/BV 2.44 6.03
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 262.05 / 522.40
All Time Low / High (₹) 38.13 / 1113.00
Market Cap (₹ Cr.) 1,875
Equity (₹ Cr.) 37.2
Face Value (₹) 10
Industry PE 37.5

Management X-Ray of Ramco Systems:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ramco Systems

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales360441449469542569626531492526
Operating Expenses 293367440394453471462532653738
Manufacturing Costs12811914109121113
Material Costs2241316113
Employee Cost 162199206202233256276296341306
Other Costs 117158219183204204170223300415
Operating Profit 687410758998165-1-161-212
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 59101210162393263
Interest 12432513107118
Depreciation 45464850516669758187
Exceptional Items 0000000000
Profit Before Tax 1533-31344234108-73-221-244
Tax 29-41232523510-14-2
Profit After Tax 13241111171157-73-207-242
PAT Margin (%) 3.5%5.4%2.4%2.4%3.1%1.9%9.0%-13.7%-42.0%-46.0%
Adjusted EPS (₹)5.28.13.53.75.43.318.1-23.8-58.7-68.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 247486509526551578628561484254
Share Capital 24303031313131313535
Reserves 223456479495520548597530449219
Minority Interest0011123334
Debt2720538829300380
Long Term Debt218000070000
Short Term Debt540538828600380
Trade Payables25384946455856696972
Others Liabilities 1081366699126219254238317310
Total Liabilities 652660629709805950941871912640

Fixed Assets

Gross Block6415876286166708058739641,1061,196
Accumulated Depreciation267314360356406466533607686764
Net Fixed Assets373273267260264339340357421433
CWIP 0000000000
Investments 12333333122
Inventories0000000000
Trade Receivables12914311411814619018216715295
Cash Equivalents 117814111515136828
Others Assets13823423731438140340133225983
Total Assets 652660629709805950941871912640

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 22193788501669240104
PBT 1533-31344234108-73-221-244
Adjustment 7882105618711393131187248
Changes in Working Capital -70-94-37-86-118-92-324277104
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 0-20000-11-1010
Others 108-1514202
Cash Flow From Financing Activity 242283646-2-103-9148-56
Net Proceeds from Shares 1273225210221201
Net Proceeds from Borrowing 60-24200010-10030-30
Interest Paid -35-4-1-1-4-5-30-5-1
Dividend Paid 0000000000
Others -129-5453649-7-92-112-27
Net Cash Flow 2-61104-9-3-361-29
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)7.136.492.162.213.131.99.39-12.27-39.59-65.44
ROCE (%)5.386.9-5.286.427.586.917.47-10.83-36.37-53.46
Asset Turnover Ratio0.590.670.70.70.720.650.660.590.550.68
PAT to CFO Conversion(x)1.690.793.360.730.474.552.91N/AN/AN/A
Working Capital Days
Receivable Days118113105908910810812011886
Inventory Days0000000000
Payable Days4,1904,8434,20105,83403,451007,917

Ramco Systems Ltd Stock News

Ramco Systems Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ramco Systems on 11-Dec-2024 16:59 is ₹504.3.
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 11-Dec-2024 16:59 the market cap of Ramco Systems stood at ₹1,874.6.
The latest P/E ratio of Ramco Systems as of 11-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Ramco Systems as of 11-Dec-2024 16:59 is 2.44.
The 52-week high of Ramco Systems is ₹522.4 and the 52-week low is ₹262.1.
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 today’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 system’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

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