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← CockpitCompetitor Analysis › RSYSTEMS.NS R Systems International LimitedOpen in the cockpit ↗

R Systems International LimitedRSYSTEMS.NSCompetitor analysis, valuation and peers

India · INR·IT›Information Technology Services
Momentum strong 62
Mkt cap
$336M
US dollars, full cap
Free float
24%
of shares outstanding
$/day
$8.14M
20-day average traded
Fwd P/E
13.6×
forward earnings
ROIC−WACC
-0.0 pp
WACC 14.7%
Hurdle
-3 pp
Req g minus delivered
Next earnings
102 days
16 Feb 2027
Close · INR₹268.05
1D-0.5%
1W+6.9%
1M+6.2%
3M+4.7%
6M-11.5%
YTD-33.7%
1Y-37.9%
ATR %4.9%
Beta1.13
52w lowhigh38.4% off high

What R Systems International does

Employees: 3,351

R Systems International at a glance

Size R Systems International (RSYSTEMS.NS) is an India Information Technology company (Information Technology Services) with a market value of $336M, the 1006th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹268.05 on 6 Nov 2026.

Performance Over six months the shares fell 11.5%, against -2.3% for the median peer and 0.0% for the India market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue grew 24.1% over the last twelve months (peer median +8.2%); the operating margin is 13.3% (peer median 7.9%).

Valuation It trades at 13.6× forward earnings against a peer median of 15.6× (5th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 0.0 points below its cost of capital (14.7% WACC).

Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026Peer median 98RSYSTEMS.NS 87
Six months, rebased to 100: R Systems International against the median of its 20 peers (local-currency closes).

R Systems International financials

Reported figures in INR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹22.3B₹19.6B₹17.4B₹16.8B₹15.2B
Revenue growth—+12%+3%+11%—
Gross profit₹2.97B₹5.37B₹4.18B₹4.40B₹4.12B
EBITDA₹3.77B₹3.10B₹2.61B₹2.55B₹2.09B
Net income₹1.93B₹1.86B₹1.31B₹1.40B₹1.40B
Free cash flown/a₹1.77B₹2.28B₹1.96B₹659M
Capital expendituren/a₹440M₹122M₹202M₹359M
Total debt₹3.69B₹4.10B₹729M₹1.31B₹771M

Quarterly statements and history in the cockpit →

R Systems International competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%0%AURIONPRO65333371ALIT301378NCC688066INF38173687687038543040688651SWPTLS3013906006614832RSYSTEMS.NS6-month return →1-month return →
Up and to the right = strong over both horizons. R Systems International is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%0×20×40×60×AURIONPRO6533ALITNCCINF3817368768703854TLSRSYSTEMS.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. R Systems International is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-25%0%25%50%65333371ALITNCC688066INF3817368738543040SWPTLS600661RSYSTEMS.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. R Systems International is the large dot.

R Systems International competitors and peer comparison

How R Systems International compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

R Systems International against its 20 peers (data as of 6 Nov 2026)
MeasureRSYSTEMS.NSPeer medianRank in peer set
1-month return+6.2%-4.7%8th highest of 21
6-month return-11.5%-2.3%9th lowest of 21
Distance from 52-week high-38.4%-33.6%10th lowest of 21
Revenue growth (TTM)+24.1%+8.2%5th highest of 21
Operating margin13.3%7.9%8th highest of 21
Forward P/E13.6×15.6×5th cheapest of 13
Growth the price implies (Req g, 7 yrs)14.7%-3.2%5th most demanding of 15
Growth delivered (Del g)+17.3%+4.4%2nd highest of 15
Hurdle (Req g minus delivered)-2.7 pp-2.1 pp7th least demanding of 15
ROIC minus cost of capital-0.0 pp-0.1 pp10th highest of 19
EV / EBITDA9.0×8.0×5th most expensive of 12
Net debt / EBITDA0.1×-1.6×5th most indebted of 13

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
R Systems International RSYSTEMS.NSIndia$336M-11%+24%13%13.6×14.7%+17.3%
Aurionpro Solutions AURIONPRO.NSIndia$338M-33%+12%15%13.8×n/an/a
Andes Technology 6533.TWTaiwan$343M-12%+26%-21%61.3×24.6%+20.5%
Softcreate 3371.TJapan$328M+9%+12%18%n/a-12.5%+7.2%
Alight ALITUnited States$347M-31%-4%0%3.4×29.4%-3.7%
Nanjing TDH Technology 301378.SZChina$347M-26%-2%-39%n/an/an/a
NCC NCC.LUnited Kingdom$324M+18%-38%-10%28.9×-4.1%-2.0%
Piesat Information Technology 688066.SSChina$323M-55%-81%-1,364%n/a52.9%-12.0%
Infotel INF.PAFrance$321M+3%+5%9%12.1×-14.4%+4.6%
SRA 3817.TJapan$352M0%-5%16%10.3×-20.2%+6.2%
Fixstars 3687.TJapan$321M+23%+13%26%25.1×26.6%+10.8%
Turn Cloud Technology Service 6870.TWOTaiwan$318M+159%+35%24%49.0×n/an/a
I'LL 3854.TJapan$357M-6%+8%27%15.5×-11.5%+9.6%
Soliton Systems K.K 3040.TJapan$316M+51%+12%18%n/a1.8%+3.7%
WebRAY Tech 688651.SSChina$316M-28%-5%-34%n/an/an/a
Sword SWP.PAFrance$360M+4%+8%9%12.0×-0.1%+11.0%
Telos TLSUnited States$360M+8%+66%-2%38.1×-2.3%-1.7%
Hangzhou Gisway Information Technology 301390.SZChina$308M-2%-35%-10%n/an/an/a
Shanghai Xinnanyang Only Education & Technology 600661.SSChina$308M-23%+11%7%15.6×-5.6%-5.4%
JFE Systems 4832.TJapan$369M-2%-14%11%n/a-19.0%+4.3%
ChinaEtek Service and Technology 301208.SZChina$369M-25%+47%3%n/an/an/a

Questions

Which companies are R Systems International's closest peers?
The cockpit's peer set: Aurionpro Solutions (AURIONPRO.NS), Andes Technology (6533.TW), Softcreate (3371.T), Alight (ALIT), Nanjing TDH Technology (301378.SZ), NCC (NCC.L), Piesat Information Technology (688066.SS), Infotel (INF.PA).
Is R Systems International expensive compared with its peers?
On forward p/e it trades at 13.6× against a peer median of 15.6×, 5th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has R Systems International stock performed?
Over six months to 6 Nov 2026 the shares returned -11.5% against -2.3% for the median peer; over one year -37.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.