Ramco Systems Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 29, 2025, 12:29 pm

Market Cap	1,540 Cr.
Current Price	413
High / Low	523/270
Stock P/E
Book Value	84.7
Dividend Yield	0.00 %
ROCE	5.73 %
ROE	10.9 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ramco Systems Ltd

Competitors of Ramco Systems Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Visesh Infotecnics Ltd	125 Cr.	0.33	0.52/0.33		1.12	0.00 %	2.21 %	2.23 %	1.00
Mudunuru Ltd	25.4 Cr.	8.15	13.5/5.33		0.25	0.00 %	27.6 %	90.7 %	2.00
Naapbooks Ltd	135 Cr.	126	159/54.0	30.1	33.2	0.00 %	23.6 %	17.1 %	10.0
IB Infotech Enterprises Ltd	24.6 Cr.	192	245/132	33.2	19.0	0.52 %	38.5 %	35.4 %	10.0
Hit Kit Global Solutions Ltd	7.15 Cr.	1.54	1.62/1.09	35.7	2.52	0.00 %	2.14 %	2.15 %	2.00
Industry Average	20,923.55 Cr	579.94		99.13	118.89	0.47%	15.26%	14.75%	6.84

All Competitor Stocks of Ramco Systems Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	123.92	119.92	118.59	127.50	126.22	139.54	126.83	128.26	131.20	136.98	142.51	156.59	155.26
Expenses	134.34	150.55	159.01	156.09	162.01	165.00	253.46	132.68	129.08	133.53	125.91	142.53	113.74
Operating Profit	-10.42	-30.63	-40.42	-28.59	-35.79	-25.46	-126.63	-4.42	2.12	3.45	16.60	14.06	41.52
OPM %	-8.41%	-25.54%	-34.08%	-22.42%	-28.36%	-18.25%	-99.84%	-3.45%	1.62%	2.52%	11.65%	8.98%	26.74%
Other Income	1.43	1.03	1.19	1.24	2.07	0.40	1.90	0.62	1.20	1.27	0.91	0.97	2.46
Interest	1.33	1.42	2.34	3.31	2.89	1.58	1.52	1.65	1.48	1.43	1.24	1.18	1.07
Depreciation	18.73	19.32	20.37	20.78	20.35	21.66	21.48	21.34	22.73	21.54	22.85	22.91	35.48
Profit before tax	-29.05	-50.34	-61.94	-51.44	-56.96	-48.30	-147.73	-26.79	-20.89	-18.25	-6.58	-9.06	7.43
Tax %	-8.95%	0.77%	-2.42%	-2.22%	-20.29%	-3.11%	-1.34%	-2.50%	10.00%	7.18%	46.50%	11.48%	31.49%
Net Profit	-26.45	-50.73	-60.44	-50.29	-45.41	-46.80	-145.76	-26.12	-22.99	-19.55	-9.64	-10.10	5.08
EPS in Rs	-8.56	-16.45	-19.57	-16.31	-12.94	-13.27	-41.30	-7.45	-6.50	-5.54	-2.62	-2.74	1.42

Last Updated: May 31, 2025, 7:59 am

Below is a detailed analysis of the quarterly data for Ramco Systems Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 155.26 Cr.. The value appears to be declining and may need further review. It has decreased from 156.59 Cr. (Dec 2024) to 155.26 Cr., marking a decrease of 1.33 Cr..
For Expenses, as of Mar 2025, the value is 113.74 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 142.53 Cr. (Dec 2024) to 113.74 Cr., marking a decrease of 28.79 Cr..
For Operating Profit, as of Mar 2025, the value is 41.52 Cr.. The value appears strong and on an upward trend. It has increased from 14.06 Cr. (Dec 2024) to 41.52 Cr., marking an increase of 27.46 Cr..
For OPM %, as of Mar 2025, the value is 26.74%. The value appears strong and on an upward trend. It has increased from 8.98% (Dec 2024) to 26.74%, marking an increase of 17.76%.
For Other Income, as of Mar 2025, the value is 2.46 Cr.. The value appears strong and on an upward trend. It has increased from 0.97 Cr. (Dec 2024) to 2.46 Cr., marking an increase of 1.49 Cr..
For Interest, as of Mar 2025, the value is 1.07 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.18 Cr. (Dec 2024) to 1.07 Cr., marking a decrease of 0.11 Cr..
For Depreciation, as of Mar 2025, the value is 35.48 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 22.91 Cr. (Dec 2024) to 35.48 Cr., marking an increase of 12.57 Cr..
For Profit before tax, as of Mar 2025, the value is 7.43 Cr.. The value appears strong and on an upward trend. It has increased from -9.06 Cr. (Dec 2024) to 7.43 Cr., marking an increase of 16.49 Cr..
For Tax %, as of Mar 2025, the value is 31.49%. The value appears to be increasing, which may not be favorable. It has increased from 11.48% (Dec 2024) to 31.49%, marking an increase of 20.01%.
For Net Profit, as of Mar 2025, the value is 5.08 Cr.. The value appears strong and on an upward trend. It has increased from -10.10 Cr. (Dec 2024) to 5.08 Cr., marking an increase of 15.18 Cr..
For EPS in Rs, as of Mar 2025, the value is 1.42. The value appears strong and on an upward trend. It has increased from -2.74 (Dec 2024) to 1.42, marking an increase of 4.16.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 4:20 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	263	360	441	449	469	542	569	626	531	492	526	591
Expenses	245	292	360	439	392	453	465	453	532	626	679	516
Operating Profit	18	68	81	10	77	89	104	173	-1	-134	-153	76
OPM %	7%	19%	18%	2%	16%	16%	18%	28%	-0%	-27%	-29%	13%
Other Income	8	4	3	10	10	10	9	14	9	5	4	6
Interest	12	12	4	3	2	5	13	10	7	11	8	5
Depreciation	38	45	46	48	50	51	66	69	75	81	87	103
Profit before tax	-23	15	33	-30	34	42	34	108	-73	-221	-244	-26
Tax %	4%	16%	27%	-136%	66%	60%	68%	47%	-1%	-6%	-1%	29%
Net Profit	-24	13	24	11	12	17	11	57	-73	-207	-242	-34
EPS in Rs	-9.94	5.19	8.05	3.51	3.70	5.35	3.32	18.16	-23.81	-58.71	-68.30	-9.19
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	154.17%	84.62%	-54.17%	9.09%	41.67%	-35.29%	418.18%	-228.07%	-183.56%	-16.91%	85.95%
Change in YoY Net Profit Growth (%)	0.00%	-69.55%	-138.78%	63.26%	32.58%	-76.96%	453.48%	-646.25%	44.51%	166.65%	102.86%

Ramco Systems Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	1%
3 Years:	4%
TTM:	12%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	15%
TTM:	86%

Stock Price CAGR
10 Years:	-8%
5 Years:	30%
3 Years:	13%
1 Year:	13%

Return on Equity
10 Years:	-8%
5 Years:	-20%
3 Years:	-37%
Last Year:	-11%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:28 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	16	24	30	30	31	31	31	31	31	35	35	37
Reserves	92	228	485	510	523	547	575	621	550	498	276	278
Borrowings	366	298	0	5	38	82	170	63	56	106	63	54
Other Liabilities	87	102	145	132	160	183	203	226	238	294	294	299
Total Liabilities	561	652	660	677	752	843	978	941	875	933	668	669
Fixed Assets	352	373	273	267	260	264	339	340	356	420	430	413
CWIP	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	1	2	3	3	3	3	3	3	12	2	29
Other Assets	208	278	384	407	489	576	636	598	515	502	236	227
Total Assets	561	652	660	677	752	843	978	941	875	933	668	669

Below is a detailed analysis of the balance sheet data for Ramco Systems Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 37.00 Cr.. The value appears strong and on an upward trend. It has increased from 35.00 Cr. (Mar 2024) to 37.00 Cr., marking an increase of 2.00 Cr..
For Reserves, as of Mar 2025, the value is 278.00 Cr.. The value appears strong and on an upward trend. It has increased from 276.00 Cr. (Mar 2024) to 278.00 Cr., marking an increase of 2.00 Cr..
For Borrowings, as of Mar 2025, the value is 54.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 63.00 Cr. (Mar 2024) to 54.00 Cr., marking a decrease of 9.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 299.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 294.00 Cr. (Mar 2024) to 299.00 Cr., marking an increase of 5.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 669.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 668.00 Cr. (Mar 2024) to 669.00 Cr., marking an increase of 1.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 413.00 Cr.. The value appears to be declining and may need further review. It has decreased from 430.00 Cr. (Mar 2024) to 413.00 Cr., marking a decrease of 17.00 Cr..
For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Mar 2025, the value is 29.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Mar 2024) to 29.00 Cr., marking an increase of 27.00 Cr..
For Other Assets, as of Mar 2025, the value is 227.00 Cr.. The value appears to be declining and may need further review. It has decreased from 236.00 Cr. (Mar 2024) to 227.00 Cr., marking a decrease of 9.00 Cr..
For Total Assets, as of Mar 2025, the value is 669.00 Cr.. The value appears strong and on an upward trend. It has increased from 668.00 Cr. (Mar 2024) to 669.00 Cr., marking an increase of 1.00 Cr..

Notably, the Reserves (278.00 Cr.) exceed the Borrowings (54.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	-6	22	19	37	8	8	50	166	92	40	104	113
Cash from Investing Activity +	-37	-46	-44	-44	-39	-57	-46	-59	-85	-133	-87	-106
Cash from Financing Activity +	42	24	22	8	36	46	-2	-103	-9	148	-56	13
Net Cash Flow	-2	-0	-4	1	4	-3	2	4	-3	55	-39	20

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-348.00	-230.00	81.00	5.00	39.00	7.00	-66.00	110.00	-57.00	-240.00	-216.00	22.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	117	143	131	119	93	92	98	122	106	115	113	66
Inventory Days
Days Payable
Cash Conversion Cycle	117	143	131	119	93	92	98	122	106	115	113	66
Working Capital Days	124	128	125	144	122	125	128	155	151	133	68	-55
ROCE %	-9%	-2%	5%	7%	-5%	6%	8%	7%	16%	-10%	-33%	-46%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	54.28%	54.27%	54.28%	54.27%	52.14%	52.12%	52.02%	51.96%	51.89%	51.79%	53.43%	53.37%
FIIs	0.28%	0.10%	0.07%	0.07%	7.83%	7.98%	9.69%	10.09%	10.06%	10.00%	9.65%	9.68%
DIIs	8.08%	7.91%	7.91%	7.39%	6.21%	5.94%	5.93%	5.94%	5.91%	5.90%	5.65%	5.64%
Public	37.37%	37.72%	37.75%	38.27%	33.82%	33.96%	32.35%	32.02%	32.13%	32.31%	31.28%	31.30%
No. of Shareholders	42,349	42,857	42,581	41,378	40,898	40,928	39,934	37,396	34,922	34,724	32,505	31,647

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Flexi Cap Fund - Regular Plan	1,500,000	0.09	56.63	1,500,000	2025-04-22 17:25:22	0%
HDFC Balanced Advantage Fund - Regular Plan	569,833	0.02	21.51	569,833	2025-04-22 17:25:22	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-9.35	-68.51	-65.60	-23.87	18.20
Diluted EPS (Rs.)	-9.35	-68.51	-65.60	-23.87	18.20
Cash EPS (Rs.)	18.35	-43.58	-35.74	0.74	40.91
Book Value[Excl.RevalReserv]/Share (Rs.)	84.62	88.85	152.16	189.32	212.96
Book Value[Incl.RevalReserv]/Share (Rs.)	84.62	88.85	152.16	189.32	212.96
Revenue From Operations / Share (Rs.)	158.46	148.82	140.84	174.73	206.33
PBDIT / Share (Rs.)	21.75	-42.40	-36.84	2.37	60.44
PBIT / Share (Rs.)	-5.79	-67.00	-59.76	-22.04	37.96
PBT / Share (Rs.)	-7.11	-68.76	-62.58	-23.80	35.09
Net Profit / Share (Rs.)	-9.19	-68.18	-58.67	-23.67	18.43
NP After MI And SOA / Share (Rs.)	-9.18	-68.24	-58.66	-23.78	18.14
PBDIT Margin (%)	13.72	-28.49	-26.15	1.35	29.29
PBIT Margin (%)	-3.65	-45.02	-42.43	-12.61	18.39
PBT Margin (%)	-4.48	-46.20	-44.43	-13.61	17.00
Net Profit Margin (%)	-5.79	-45.81	-41.65	-13.54	8.93
NP After MI And SOA Margin (%)	-5.79	-45.84	-41.64	-13.60	8.79
Return on Networth / Equity (%)	-10.84	-77.70	-38.79	-12.63	8.55
Return on Capital Employeed (%)	-5.37	-58.26	-33.90	-10.28	15.53
Return On Assets (%)	-5.12	-36.21	-22.15	-8.38	5.92
Total Debt / Equity (X)	0.00	0.00	0.07	0.00	0.00
Asset Turnover Ratio (%)	0.88	0.65	0.25	0.30	0.35
Current Ratio (X)	0.82	0.75	1.38	1.91	2.39
Quick Ratio (X)	0.82	0.75	1.38	1.91	2.39
Interest Coverage Ratio (X)	16.48	-24.16	-13.04	1.35	21.06
Interest Coverage Ratio (Post Tax) (X)	-5.96	-37.84	-19.77	-12.48	7.42
Enterprise Value (Cr.)	1195.58	913.94	643.60	806.42	1610.29
EV / Net Operating Revenue (X)	2.02	1.73	1.30	1.50	2.54
EV / EBITDA (X)	14.73	-6.08	-4.95	110.08	8.66
MarketCap / Net Operating Revenue (X)	2.09	1.78	1.35	1.51	2.56
Price / BV (X)	3.92	3.01	1.26	1.41	2.49
Price / Net Operating Revenue (X)	2.09	1.78	1.35	1.51	2.56
EarningsYield	-0.02	-0.25	-0.30	-0.08	0.03

After reviewing the key financial ratios for Ramco Systems Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is -9.35. This value is below the healthy minimum of 5. It has increased from -68.51 (Mar 24) to -9.35, marking an increase of 59.16.
For Diluted EPS (Rs.), as of Mar 25, the value is -9.35. This value is below the healthy minimum of 5. It has increased from -68.51 (Mar 24) to -9.35, marking an increase of 59.16.
For Cash EPS (Rs.), as of Mar 25, the value is 18.35. This value is within the healthy range. It has increased from -43.58 (Mar 24) to 18.35, marking an increase of 61.93.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 84.62. It has decreased from 88.85 (Mar 24) to 84.62, marking a decrease of 4.23.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 84.62. It has decreased from 88.85 (Mar 24) to 84.62, marking a decrease of 4.23.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 158.46. It has increased from 148.82 (Mar 24) to 158.46, marking an increase of 9.64.
For PBDIT / Share (Rs.), as of Mar 25, the value is 21.75. This value is within the healthy range. It has increased from -42.40 (Mar 24) to 21.75, marking an increase of 64.15.
For PBIT / Share (Rs.), as of Mar 25, the value is -5.79. This value is below the healthy minimum of 0. It has increased from -67.00 (Mar 24) to -5.79, marking an increase of 61.21.
For PBT / Share (Rs.), as of Mar 25, the value is -7.11. This value is below the healthy minimum of 0. It has increased from -68.76 (Mar 24) to -7.11, marking an increase of 61.65.
For Net Profit / Share (Rs.), as of Mar 25, the value is -9.19. This value is below the healthy minimum of 2. It has increased from -68.18 (Mar 24) to -9.19, marking an increase of 58.99.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is -9.18. This value is below the healthy minimum of 2. It has increased from -68.24 (Mar 24) to -9.18, marking an increase of 59.06.
For PBDIT Margin (%), as of Mar 25, the value is 13.72. This value is within the healthy range. It has increased from -28.49 (Mar 24) to 13.72, marking an increase of 42.21.
For PBIT Margin (%), as of Mar 25, the value is -3.65. This value is below the healthy minimum of 10. It has increased from -45.02 (Mar 24) to -3.65, marking an increase of 41.37.
For PBT Margin (%), as of Mar 25, the value is -4.48. This value is below the healthy minimum of 10. It has increased from -46.20 (Mar 24) to -4.48, marking an increase of 41.72.
For Net Profit Margin (%), as of Mar 25, the value is -5.79. This value is below the healthy minimum of 5. It has increased from -45.81 (Mar 24) to -5.79, marking an increase of 40.02.
For NP After MI And SOA Margin (%), as of Mar 25, the value is -5.79. This value is below the healthy minimum of 8. It has increased from -45.84 (Mar 24) to -5.79, marking an increase of 40.05.
For Return on Networth / Equity (%), as of Mar 25, the value is -10.84. This value is below the healthy minimum of 15. It has increased from -77.70 (Mar 24) to -10.84, marking an increase of 66.86.
For Return on Capital Employeed (%), as of Mar 25, the value is -5.37. This value is below the healthy minimum of 10. It has increased from -58.26 (Mar 24) to -5.37, marking an increase of 52.89.
For Return On Assets (%), as of Mar 25, the value is -5.12. This value is below the healthy minimum of 5. It has increased from -36.21 (Mar 24) to -5.12, marking an increase of 31.09.
For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.88. It has increased from 0.65 (Mar 24) to 0.88, marking an increase of 0.23.
For Current Ratio (X), as of Mar 25, the value is 0.82. This value is below the healthy minimum of 1.5. It has increased from 0.75 (Mar 24) to 0.82, marking an increase of 0.07.
For Quick Ratio (X), as of Mar 25, the value is 0.82. This value is below the healthy minimum of 1. It has increased from 0.75 (Mar 24) to 0.82, marking an increase of 0.07.
For Interest Coverage Ratio (X), as of Mar 25, the value is 16.48. This value is within the healthy range. It has increased from -24.16 (Mar 24) to 16.48, marking an increase of 40.64.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -5.96. This value is below the healthy minimum of 3. It has increased from -37.84 (Mar 24) to -5.96, marking an increase of 31.88.
For Enterprise Value (Cr.), as of Mar 25, the value is 1,195.58. It has increased from 913.94 (Mar 24) to 1,195.58, marking an increase of 281.64.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.02. This value is within the healthy range. It has increased from 1.73 (Mar 24) to 2.02, marking an increase of 0.29.
For EV / EBITDA (X), as of Mar 25, the value is 14.73. This value is within the healthy range. It has increased from -6.08 (Mar 24) to 14.73, marking an increase of 20.81.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.09. This value is within the healthy range. It has increased from 1.78 (Mar 24) to 2.09, marking an increase of 0.31.
For Price / BV (X), as of Mar 25, the value is 3.92. This value exceeds the healthy maximum of 3. It has increased from 3.01 (Mar 24) to 3.92, marking an increase of 0.91.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.09. This value is within the healthy range. It has increased from 1.78 (Mar 24) to 2.09, marking an increase of 0.31.
For EarningsYield, as of Mar 25, the value is -0.02. This value is below the healthy minimum of 5. It has increased from -0.25 (Mar 24) to -0.02, marking an increase of 0.23.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ramco Systems Ltd as of July 4, 2025 is: 113.00

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of July 4, 2025, Ramco Systems Ltd is Overvalued by 72.64% compared to the current share price 413.00

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Ramco Systems Ltd as of July 4, 2025 is: 57.89

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of July 4, 2025, Ramco Systems Ltd is Overvalued by 85.98% compared to the current share price 413.00

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -48.77%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (431.92 cr) compared to borrowings (108.42 cr), indicating strong financial stability.	The stock has a low average ROCE of -4.67%, which may not be favorable. The stock has a high average Working Capital Days of 112.33, which may not be favorable. The stock has a high average Cash Conversion Cycle of 109.58, which may not be favorable. The company has not shown consistent growth in sales (488.25) and profit (-29.25).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ramco Systems Ltd:
1. Net Profit Margin: -5.79%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -5.37% (Industry Average ROCE: 15.26%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -10.84% (Industry Average ROE: 14.75%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -5.96
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.82
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 99.13)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Ramco Systems Ltd. is a Public Limited Listed company incorporated on 19/02/1997 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L72300TN1997PLC037550 and registration number is 037550. Currently Company is involved in the business activities of Writing , modifying, testing of computer program to meet the needs of a particular client excluding web-page designing. Company's Total Operating Revenue is Rs. 325.03 Cr. and Equity Capital is Rs. 37.32 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	47, P S K Nagar, Rajapalayam Tamil Nadu 626108	investorcomplaints@ramco.com http://www.ramco.com

Management
Name	Position Held
Mr. P R Venketrama Raja	Chairman
Mr. P V Abinav Ramasubramaniam Raja	Whole Time Director
Mrs. Soundara Kumar	Independent Director
Mr. Sankar Krishnan	Non Independent Director
Justice(Retd) P P S Janarthana Raja	Independent Director
Mr. A V Dharmakrishnan	Non Independent Director
Dr. M S Kishna	Independent Director
Mr. Aravind Srinivasan	Independent Director

FAQ

What is the intrinsic value of Ramco Systems Ltd?

Ramco Systems Ltd's intrinsic value (as of 01 July 2025) is 113.00 — 72.64% lower the current market price of 413.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,540 Cr. market cap, FY2025-2026 high/low of 523/270, reserves of 278 Cr, and liabilities of 669 Cr.

What is the Market Cap of Ramco Systems Ltd?

The Market Cap of Ramco Systems Ltd is 1,540 Cr..

What is the current Stock Price of Ramco Systems Ltd as on 01 July 2025?

The current stock price of Ramco Systems Ltd as on 01 July 2025 is 413.

What is the High / Low of Ramco Systems Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Ramco Systems Ltd stocks is ₹523/270.

What is the Stock P/E of Ramco Systems Ltd?

The Stock P/E of Ramco Systems Ltd is .

What is the Book Value of Ramco Systems Ltd?

The Book Value of Ramco Systems Ltd is 84.7.

What is the Dividend Yield of Ramco Systems Ltd?

The Dividend Yield of Ramco Systems Ltd is 0.00 %.

What is the ROCE of Ramco Systems Ltd?

The ROCE of Ramco Systems Ltd is 5.73 %.

What is the ROE of Ramco Systems Ltd?

The ROE of Ramco Systems Ltd is 10.9 %.

What is the Face Value of Ramco Systems Ltd?

The Face Value of Ramco Systems Ltd is 10.0.