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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Ramco Systems Limited is an India-based enterprise software product/ platform provider. The Company develops Enterprise Resource Planning (ERP) software solutions for various verticals in various domains, such as core ERP, human resource and payroll, aviation maintenance…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling business.
Ramco Systems is scored on the it / services framework. It keeps a slim 5.9% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 3.20× reported profit. Free cash flow is worth about 4.5% of its market value.
Net worth has actually shrunk (-13%/yr) — value is not being built. Return on equity is a healthy 14.5%. In the latest quarter profit fell 20% versus the prior quarter.
It trades at 67× earnings. Today's price already implies ~26%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 67.32 | 58.63 | worse |
| P/B | 5.66 | 7.84 | better |
| EV/EBITDA | 16.11 | 62.5 | better |
| ROE | 14.48 | 5.36 | better |
| ROCE | 13.61 | 67.95 | worse |
| ROA | 3.96 | — | — |
| Quick Ratio | 1.03 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 12% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
3 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +223% swing — check if it's a one-off or structural.
Operating margin has expanded from -44% to 7% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 12% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 50pp across the window.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 3.2× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (6% spread) — a predictable, non-seasonal revenue stream.
Profit fell 20% QoQ — one-quarter drops can be noise, but a pattern matters.
P/E band unavailable — needs 5y of consistent EPS + price history.
Promoter holding at 55.4% — majority control intact. Promoters added 2.4pp over 4 quarters — creeping acquisition signals conviction. MF stake down 3.9pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.