R Systems International Limited (RSYSTEMS) Q2 FY27 Financial Results: PAT ₹1,387 Cr & Revenue ₹11,765 Cr(2 announcements)
Investor Takeaways
Overall Tone: Positive based on the numbers only.
Key Financial Highlights
| Metric | Value | YoY Change |
|---|---|---|
| Revenue | ₹11,765 Cr | 30.1% |
| Net Profit | ₹1,387 Cr | 54.4% |
| EBITDA | ₹2,364 Cr | 51.0% |
| EPS | Not available | |
| OPM | Not available |
What Changed
R Systems International Limited reported strong financial performance for H1 2026, with revenue growing 30.1% YoY to ₹11,765 crores and adjusted net profit rising 54.4% YoY to ₹1,387 crores. Adjusted EBITDA increased by 51.0% YoY to ₹2,364 crores, indicating improved operational efficiency. The company’s cash and bank balances grew to ₹3,351 crores as of June 30, 2026, up from ₹2,726 crores, reflecting robust cash generation. The growth was driven by AI-led transformations across telecom, insurance, and financial services sectors, supported by new GCC partnerships. The company emphasized its AI-first GCC model and platform-led delivery approach, which contributed to margin expansion and strengthened financial positioning. These results suggest sustained momentum in revenue growth through AI adoption in mid-market enterprises.
Peer Comparison
| Company | P/E | ROE | ROCE | Market Cap (₹ Cr) |
|---|---|---|---|---|
| R Systems International Limited | 24.61 | Not available | Not available | 3,233.5 |
| Tata Consultancy Services Limited | 17.17 | 50.36% | 67.57% | 8,19,135.01 |
| Infosys Limited | 16.55 | 29.19% | 40.82% | 4,53,824.26 |
| HCL Technologies Limited | 18.64 | 23.63% | 31.85% | 3,07,349.71 |
R Systems is trading at a higher P/E multiple compared to TCS, Infosys, and HCL Technologies, suggesting market expectations of higher future growth. However, peer companies demonstrate stronger ROE and ROCE metrics, indicating more efficient capital utilization.
Risks & Concerns
Quarterly Trend
| Quarter | Revenue (₹ Cr) | Net Profit (₹ Cr) | OPM% |
|---|---|---|---|
| Q3FY25 | 448.96 | 39 | 15.72 |
| Q2FY25 | 444.09 | 39.81 | 15.37 |
| Q1FY25 | 432.04 | 24.88 | 14.19 |
| Q4FY24 | 416.64 | 27.49 | 12.8 |
The quarterly trend shows sequential revenue growth from ₹416.64 Cr in Q4FY24 to ₹448.96 Cr in Q3FY25, with profitability improving over the same period. However, the H1 2026 figures (₹11,765 Cr revenue) are significantly higher than the quarterly figures provided, indicating that the H1 2026 results consolidate multiple quarters of performance or reflect a different reporting scope. The annualized growth rate derived from the quarterly data does not align with the 30.1% YoY growth reported for H1 2026, suggesting the quarterly figures may represent a different business segment or time frame not directly comparable to the H1 2026 results. The provided quarterly data appears to reflect smaller-scale operations, while the H1 2026 results represent consolidated or full-year equivalent performance.
R Systems reported Q2 FY2026 revenue of ₹6,017 million, up 30.2% YoY, with Adjusted EBITDA at ₹1,207 million, up 51.4% YoY, and Adjusted Net Profit at ₹629 million, up 35.4% YoY. Adjusted EBITDA margin expanded to 20.1% from 17.3% in Q2 FY2025, driven by margin improvement and stable operating leverage. Adjusted EPS rose 35.3% YoY to [amount not verified]H1 FY2026 revenue reached ₹11,765 million, up 30.1% YoY, with Adjusted EBITDA at ₹2,364 million, up 51.0% YoY, and Adjusted Net Profit at ₹1,387 million, up 54.4% YoY. Adjusted EBITDA margin improved to 20.1% from 17.3% in H1 FY2025. The company highlighted strong client wins in telecom, insurance, and financial services, and maintained a focus on AI-driven modernization and legacy transformation. Forward guidance was not provided in the filing.
About R Systems International Limited (RSYSTEMS)
Information Technology · IT - Services · Listed on NSE
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📊 More RSYSTEMS filings
- Announcement — 29 July 2026 R Systems International Limited announced it has been named a Horizon 2 GCC Accelerator in HFS Horiz...
- Announcement — 14 July 2026 R Systems International Limited received an unsolicited ESG rating of 'CRISIL ESG 58' from CRISIL ES...
- 🔴 Announcement — 7 July 2026 R Systems International Limited disclosed that CRISIL reaffirmed its AA-/Stable credit ratings for b...
- Announcement — 29 June 2026 R Systems International Limited issued a shareholder reminder to update PAN, KYC, and bank details f...
- 🔴 Corporate Action — 27 June 2026 R Systems approved the allotment of 6,213 restricted stock units, increasing the paid-up share capit...
🔥 Also filed on 4 August 2026
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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