Key Quantitative Figures - Standalone Results

Quarter Ended September 30, 2026 (Q2 FY2026):

  • Revenue from operations: ₹872.03 million
  • Other Income: ₹12.32 million
  • Total Income: ₹884.35 million
  • Employee benefits expense: ₹457.78 million
  • Finance costs: ₹8.03 million
  • Depreciation and amortization expense: ₹221.09 million
  • Other expenses: ₹331.37 million
  • Total Expenses: ₹1,018.27 million
  • Loss before tax: ₹133.92 million
  • Income Tax: Credit of ₹6.67 million
  • Net Loss: ₹127.25 million
  • Total Comprehensive Income: Loss of ₹132.99 million
  • Basic EPS: (₹3.39)
  • Diluted EPS: (₹3.39)

Half Year Ended September 30, 2026 (H1 FY2026):

  • Revenue from operations: ₹1,725.92 million
  • Other Income: ₹144.30 million
  • Total Income: ₹1,870.22 million
  • Employee benefits expense: ₹863.37 million
  • Finance costs: ₹16.54 million
  • Depreciation and amortization expense: ₹439.59 million
  • Other expenses: ₹577.22 million
  • Total Expenses: ₹1,896.72 million
  • Loss before tax: ₹26.50 million
  • Income Tax: ₹13.87 million
  • Net Loss: ₹40.37 million
  • Total Comprehensive Income: Loss of ₹46.82 million
  • Basic EPS: (₹1.07)
  • Diluted EPS: (₹1.07)

Key Quantitative Figures - Consolidated Results

Quarter Ended September 30, 2026 (Q2 FY2026):

  • Revenue from operations: ₹1,819.69 million (USD 19.20 million)
  • Other Income: ₹13.29 million (USD 0.15 million)
  • Total Income: ₹1,832.98 million (USD 19.35 million)
  • Profit before tax: ₹25.30 million (USD 0.27 million)
  • Net Profit: ₹4.47 million (USD 0.05 million)
  • Total Comprehensive Income: Loss of ₹28.13 million (USD 0.82 million)
  • Profit attributable to shareholders: ₹2.46 million (USD 0.03 million)
  • Basic EPS: ₹0.07 (USD 0.00)
  • Diluted EPS: ₹0.06 (USD 0.00)

Half Year Ended September 30, 2026 (H1 FY2026):

  • Revenue from operations: ₹3,547.39 million (USD 37.58 million)
  • Other Income: ₹35.23 million (USD 0.38 million)
  • Total Income: ₹3,582.62 million (USD 37.96 million)
  • Profit before tax: ₹59.79 million (USD 0.64 million)
  • Net Profit: ₹10.09 million (USD 0.11 million)
  • Total Comprehensive Income: Loss of ₹30.95 million (USD 1.32 million)
  • Profit attributable to shareholders: ₹8.45 million (USD 0.09 million)
  • Basic EPS: ₹0.22 (USD 0.00)
  • Diluted EPS: ₹0.22 (USD 0.00)

Notes to Financial Results

1. ESOP Cost: Employee benefits expense includes ESOP cost amortization of ₹9.41 million in Q2 FY2026 and ₹10.23 million in Q1 FY2026.

2. Bad Debts/Provision: Other expenses include bad debts/provision for doubtful debts of ₹2.67 million in Q2 FY2026 and reversal of ₹5.30 million in Q1 FY2026.

3. Foreign Exchange Fluctuation: Other expenses include foreign exchange loss of ₹2.42 million in Q2 FY2026 and gain of ₹1.10 million in Q1 FY2026.

4. Dividend Income: Other income includes dividend income from wholly owned subsidiaries of ₹116.99 million in Q1 FY2026.

5. ESOP Allotment: The company allotted 48,669 equity shares under Employee Stock Option Schemes during the quarter, increasing paid-up capital to ₹376.68 million from ₹376.19 million.

6. Tax Regime Change: The company adopted the New Tax Regime effective from Tax Year 2026-27, resulting in tax impact of ₹20.54 million recognized in Q1 profit and loss account and tax reversal impact of ₹3.00 million recognized in Other Comprehensive Income.

7. Operating Segment: The company operates in a single segment of software solutions and services.

Cash Flow Statement - Standalone (H1 FY2026)

  • Net cash flow from operating activities: ₹597.14 million
  • Net cash used in investing activities: ₹1,138.39 million
  • Net cash used in financing activities: ₹61.98 million
  • Net decrease in cash and cash equivalents: ₹603.23 million
  • Cash and cash equivalents at end of period: ₹50.86 million

Balance Sheet Position - Standalone (as at September 30, 2026)

  • Total Assets: ₹9,941.08 million
  • Equity Share Capital: ₹376.68 million
  • Other Equity: ₹7,627.89 million
  • Total Equity: ₹8,019.79 million
  • Total Liabilities: ₹1,936.51 million

Subsidiaries and Associate Included in Consolidation

Subsidiaries: Ramco Systems Corporation (USA), Ramco Systems Ltd. (Switzerland), Ramco Systems Sdn. Bhd. (Malaysia), Ramco Systems Pte. Ltd. (Singapore), Ramco Systems Canada Inc., RSL Enterprise Solutions (South Africa), Ramco Systems FZ-LLC (Dubai), RSL Software Co. Ltd. (Sudan), Ramco Systems Australia Pty Ltd., Ramco System Inc. (Philippines), Ramco Systems (Shanghai) Co. Ltd. (China), Ramco System Vietnam Company Limited, PT Ramco Systems Indonesia, Ramco Software Japan Limited, Ramco Systems Defense and Security Incorporated (USA), Ramco Middle East for Information Technology (Saudi Arabia), Ramco System Korea Company Limited.

Associate: City Works (Pty.) Limited, South Africa