Ramco Systems (RAMCOSYS) — concall transcript

📢 Key Event
Ramco Systems reported FY23-24 revenue of $63.92 million with EBITDA positivity and a record $10+ million Korean Air deal.

🔄 What Changed
Recurring revenue grew 13% YoY to INR 320 crores, order bookings increased 19% YoY to $27.9 million, and cloud revenue contributed 60% of top line.

🔮 What's Next
Management expects accelerated traction for Payce and MRO markets in 12-18 months, with defense opportunities gaining momentum later.

💡 Investor Takeaway
Shareholders should note strong recurring revenue growth and a major deal, but long sales cycles may delay near-term impact.

Ramco Systems reported FY23-24 revenue of $63.92 million with EBITDA positivity driven by cloud/SaaS growth (60% of recurring revenue) and a record $10+ million Korean Air MRO deal. Recurring revenue reached INR 320 crores, order bookings rose 19% YoY to $27.9 million, and strategic partnerships with Deloitte and BDO expanded market reach. Management highlighted Payce SaaS platform roadshows (13+ events) and expects accelerated traction in H2, while noting long sales cycles and cost discipline.

📄 View Original Announcement (PDF)

📊 Stock Analysis — RAMCOSYS ✨ Ask AI About This

About Ramco Systems Ltd (RAMCOSYS)

Information Technology · IT - Software · Listed on BSE

Market Cap: ₹2,179.12 Cr P/E: 52.2 ROE: 11.9% ROCE: 13.4%

View full RAMCOSYS stock details →

📡 Get AI alerts when RAMCOSYS files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track RAMCOSYS — Free

💡 Ask AI about this filing

"How will Payce SaaS traction impact margins in H2?" "What is the expected revenue contribution from the Korean Air deal?" "How does the 19% order booking growth compare to peers?"

Ask AI Free →

📊 More RAMCOSYS filings

See all RAMCOSYS filings →

🔥 Also filed on 31 March 2024

M&M Mahindra & Mahindra Ltd concall transcript SBIN State Bank of India concall transcript ULTRACEMCO UltraTech Cement Ltd concall transcript TITAN Titan Company Ltd concall transcript ETERNAL Eternal Ltd concall transcript BEL Bharat Electronics Ltd concall transcript

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when RAMCOSYS files new disclosures

Track RAMCOSYS filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track RAMCOSYS — Free

Free account · 2 AI queries/day

About · Privacy Policy · Terms of Service · Pricing

Today's Announcements · Screener · Insights · AI Chat

Data provided by CMOTS Internet Technologies Pvt Ltd