Event Type: Q3 FY 2026 Earnings Conference Call held in relation to the financial results for the quarter and nine months ended September 30, 2026.

Event Date and Time: Wednesday, November 4, 2026 (time not specified in the transcript).

Purpose of Event: Discussion of quarterly financial results and business performance for Q3 FY2026.

Management Participants:

  • Mr. Nitesh Bansal – Managing Director & Chief Executive Officer
  • Mr. Nand Sardana – Chief Financial Officer
  • Mr. Giriraj Maheshwari – Vice President, Finance & Accounts

Financial Period Discussed: Quarter and nine months ended September 30, 2026 (Q3 FY2026).

Availability of Materials: The investor presentation was shared the previous evening and uploaded on the company website and stock exchange websites. The transcript of the call is available on the company website at: https://www.rsystems.com/investors-analysts-call/

UPSI Declaration: The company explicitly stated that no unpublished price sensitive information was shared or discussed during or in pursuance to this Earnings Call.

Financial Highlights from Call:

  • Revenue: INR 615.2 crores ($64.4 million), up 23.4% YoY and 2.2% QoQ
  • Adjusted EBITDA: INR 124.4 crores ($13 million) at 20.2% margin, up 47.4% YoY
  • Adjusted Net Profit: INR 66.5 crores ($6.9 million), up 53.1% YoY
  • Adjusted EPS: INR 5.6, up 53% YoY
  • 9-month Revenue: INR 1,791.7 crores ($190.7 million), up 27.7% YoY
  • 9-month Adjusted EBITDA: INR 360.9 crores ($38.4 million) at 20.1% margin
  • 9-month Adjusted Net Profit: INR 205.1 crores ($21.8 million), up 54% YoY

Geographic Revenue Distribution:

  • Americas: 70.6%
  • APAC: 16.0%
  • Europe: 9.4%
  • Middle East and Africa: 4.0%

Client Concentration:

  • Top client: 5.8%
  • Top 3 clients: 11.9%
  • Top 5 clients: 16.8%
  • Top 10 clients: 24.4%

Key Business Wins Mentioned:

1. European telecom player modernization project for next-gen network transformation

2. Middle East data lake house project with global management consulting firm

3. Saudi financial services provider core lending platform development

4. Global entertainment company Salesforce transformation project

5. Insurance service provider payment processing solutions

Strategic Themes:

  • AI strategy playing out with over 35% of revenues AI-influenced
  • EXIQO AI studio and industry templates well received in market
  • Clients moving from experimentation to production-grade AI deployments
  • AI PDLC (Product Development Life Cycle) replacing traditional SDLC
  • Focus on enterprise clients alongside tech companies
  • TTM ACV bookings at $82.9 million

Additional Notes Section

Regulatory Compliance: The submission was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Attachments: The submission includes the full transcript of the earnings conference call.

Financial Data: Extensive financial data was disclosed during the earnings call as reflected in the transcript.

Forward-looking Statements: The company included customary disclaimers about forward-looking statements involving risks and uncertainties.