R Systems International Limited has informed the Exchange about Investor Presentation
R SYSTEMS INTERNATIONAL LIMITED
Corporate Identity Number: L74899DL1993PLC053579 Registered Office: GF-1-A, 6, Devika Tower, Nehru Place, New Delhi – 110019, India Corporate Office: 3rd Floor, Tower No. 1, IT/ITES SEZ of Artha Infratech Pvt. Ltd, Plot No. 21, Sector TechZone-IV, Greater Noida West, Gautam Buddha Nagar, Uttar Pradesh - 201306, India
rsystems.com
Phone: +91-120-4303500 | Email: rsil@rsystems.com
REF: SECT/08/2025/07
Date: August 13, 2025
To, The Managing Director National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra – East, Mumbai – 400 051
To, The General Manager BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001
NSE Symbol – RSYSTEMS
BSE Scrip Code - 532735
Dear Sir/ Madam,
SUB: SUBMISSION OF PRESENTATION FOR ANALYSTS/ INVESTORS MEETING
This is with reference to our intimation dated August 11, 2025, regarding intimation of Investors/ Analysts call of R Systems International Limited (the “Company”) to be held on Thursday, August 14, 2025, at 10:00 AM (IST).
In this regard, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed presentation to be made to Analysts/ Investors on Thursday, August 14, 2025, at 10:00 AM (IST) on the financial results for the quarter and six months ended on June 30, 2025.
This is for your information and records.
Thanking you,
Yours faithfully,
For R Systems International Limited
Bhasker Dubey (Company Secretary & Compliance Officer)
Q2 CY 2025 Investor Presentation THANK
By : Nitesh Bansal (CEO & MD)
Disclaimer
“Investors are cautioned that this presentation contains forward-looking statements that involve risks and uncertainties. The Company undertakes no obligation publicly to update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Actual results, performance, or achievements could differ from those expressed or implied in such forward-looking statements.”
Agenda We plan to discuss…
Key Highlights
Building for the Future
Financials Trend
Key Wins
Operations Metrics
Summing Up Looking Ahead
Financial Performance Q2 2025
Adj. EBITDA* : ₹797M (US$ 9.3M)
Adj. EBITDA Bridge (₹ in M)
79
768
(20)
(29)
797
Revenue
₹ 4,620M
(US$ 54.0M)
QoQ Revenue Growth
YoY Revenue Growth
4.4%
(5.6% in US$ terms)
6.9%
(4.2% in US$ terms)
YoY Adj. EBITDA Growth
11.7%
₹ 797M (US$ 9.3M)
16.5%
17.4%
17.3%
Adj. Net Profit #
₹ 464M
(US$ 5.4M)
# Before considering share-based payment expense relating to restricted stock units (“RSUs”) granted to the employees and non-recurring item.
Q2 2024
Q1 2025 * Before considering share-based payment expense relating (“RSUs”) granted to the
Q2 2025
to restricted stock units employees.
)
M n
i
₹ (
A D T B E
I
. j d A
Increase
Decrease
Total
Financial Performance H1 2025
Adj. EBITDA* : ₹1,566M (US$ 18.2M)
Key Balance Sheet Data
Revenue
₹ 9,045M
(US$ 105.1M)
YoY Revenue Growth
6.6%
(3.1% in US$ terms)
Total equity attributable to shareholders
Cash and bank balance #
-
-
₹ 6,925M
₹ 2,033M
YoY Adj. EBITDA Growth
19.2%
₹1,566M (US$ 18.2M)
15.5%
17.3%
AR & Unbilled
-
₹ 4,279M
Adj. Net Profit #
₹ 898M
(US$ 10.4M)
# net of short-term borrowing
# Before considering share-based payment expense relating to restricted stock units (“RSUs”) granted to the employees and non-recurring item.
H1 2024
H1 2025
* Before considering share-based payment expense relating (“RSUs”) granted to the
to restricted stock units employees.
Financials Trend - Revenue & Adj. EBITDA %age
The 8 Quarter trend of Revenue build up in INR and corresponding Adj. EBITDA percentage
)
M n
i
₹ ( e u n e v e R
4,900
4,573
4,200
18.8%
4,163
4,166
3,500
15.4%
14.4%
4,320
16.5%
4,441
17.9%
4,490
17.8%
4,425
4,620
20.0%
17.4%
17.3%
15.0%
)
2,800
* After considering share-based payment expense amounting to Rs. 65 mn relating to restricted stock units (“RSUs”) granted to the employees. Excluding such expenses, the EBITDA for Q1-24 is Rs. 600 mn (US$ 7.2 mn) i.e. 14.4% of revenue.
10.0%
2,100
1,400
700
-
5.0%
. j d A
0.0%
Q3 23*
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Q1 25
Q2 25
Revenue
Adj. EBITDA %
* Excluding one time BOT Fee of ₹ 193 mn (US$ 2.3 mn) for a Knowledge Service Customer, Revenue would be ₹ 4,380 mn (US$ 53.0 mn) with 15.2% EBITDA
% n i (
A D T B E
I
Margin & EPS Analysis (Quarter)
₹ in Mn except per share data
Q2 CY25
Q2 CY24
Growth%
Q1 CY25
Growth%
Revenue
Adj. EBITDA
Adj. EBITDA %
Adj. PAT
Adj. PAT %
Adj. Basic EPS^
4,620
797
17.3%
464
10.1%
3.9
4,320
714
16.5%
303
7.0%
2.6
6.9%
11.7%
74bps
53.4%
305bps
53.3%
4,425
768
4.4%
3.8%
17.4%
-10bps
434
9.8%
3.7
7.1%
25bps
7.1%
^Adj. Basic EPS excluding RSUs expense and non-recurring items net of tax
Margin & EPS Analysis (H1 2025)
₹ in Mn except per share data
H1 CY25
H1 CY24
Growth%
CY 24
Revenue
Adj. EBITDA
Adj. EBITDA %
Adj. PAT
Adj. PAT %
Adj. Basic EPS
9,045
1,566
17.3%
898
9.9%
7.6
8,487
1,314
15.5%
621
7.3%
5.3
6.6%
19.2%
183bps
44.6%
261bps
44.5%
17,417
2,910
16.7%
1,554
8.9%
13.1
^Adj. Basic EPS excluding RSUs expense and non-recurring items net of tax
Operations Metrics
Revenue by Geography (%)
Client Concentration (%)
74.8%
74.9%
80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
8.9%
8.8%
12.7%
12.9%
2.4%
2.3%
1.2%
1.1%
30.0%
25.0%
20.0%
15.0%
10.0%
5.0%
0.0%
13.0%
13.1%
17.7%
17.3%
6.2%
6.1%
24.8%
24.6%
North America
Europe
Southeast Asia
India
Others
Top Client
Top 3 Client
Top 5 Clients
Top 10 Clients
Q1 2025
Q2 2025
Q1 2025
Q2 2025
Utilization (%)
DSO (Days)
85.0%
84.0%
83.0%
82.0%
81.0%
80.0%
79.0%
78.0%
77.0%
76.0%
75.0%
70
68
66
64
62
60
58
56
54
Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Building for the future
Go to Market
Delivery Priorities
• Channel partnership with AWS, Azure and Databricks – including ECIF eligibility across 7 countries and 5 competencies
• Partnership with Mavvrik – for AI cost
governance
Offerings & Positioning
• Upgraded launched governance with Mavvrik.
our overall
Finops
cloud
positioning and AI
and cost
• Agentic AI offerings across vertical and landscapes based on our deep
horizontal expertise of process areas across domains
• Productive deployment of multiple Gen AI tools, including Co-Pilot, Cursor and others across significant percentage of projects
• Mexico scaling up with 5 clients now
engaged with Mx delivery operations
Leadership
• No new leadership hiring in the Q
•
Leaders onboarded in Q4 and Q1 have become well assimilated and contributing significantly towards growth
Key Wins Q2 2025
A leading AI-driven work management platform partnered with R Systems to strengthen its digital ecosystem by leveraging our
capabilities in digital product engineering and data analytics.
A leading Europe-based technology company, specializing in secure data collaboration within automotive ecosystems, engaged R involved leveraging Azure infrastructure to develop a
Systems to drive its digital transformation journey. The engagement simplified platform based on Catena-X standards and integrating AI capabilities into the existing system.
A US-based provider of data-driven educational solutions in healthcare partnered with R Systems to extend its development
capabilities to accelerate product innovation and speed to market.
One of the world’s leading financial
institutions has partnered with R Systems to modernize its reporting infrastructure using
GenAI, aiming to streamline client migrations and accelerate platform adoption.
A globally renowned beauty and skincare brand has engaged R Systems to implement Microsoft Dynamics Business Central and LS Retail to optimize and digitalize its end-to-end business processes yielding financial visibility and operational excellence across the enterprise.
Summing Up And Looking Ahead
Q1 large deals followed by Q2 large deals – the focus remains strong on meaningfully
sized deals.
Significant traction in Agentic AI use cases as well as use of generative AI in SDLC – our
Optima AI workbench and evidence of productive deployment and benefits is a differentiator
Trends shaping 2025
• AI adoption across sectors has significantly accelerated over the last 6 months – having started the journey in H1 last year, we have significant advantage vis a vis competition
• Deeper and more domain specific Agentic AI use cases are being consumed to significantly change the user experience and cost to operate – our years of rich domain expertise coupled with our Agentic AI framework are setting us apart
• Despite cautious discretionary spending, we are seeing good traction on data and SAAS platforms space that continue to build new features and embed more AI into the platforms to stay ahead of their competition.
Annexure
Financial Performance - Contribution Analysis – Q2 2025 (Un-audited)
Particulars
Revenues
Cost of revenues
Gross margin
% of Revenue
SG&A Expenses
% of Revenue
Adj. EBITDA
% of Revenue
Cost of RSUs
EBITDA
% of Revenue
Depreciation and amortization
EBIT before non-recurring cost
Non-recurring Income / (expense) #
EBIT
Interest expense
Other income (net)
Income before income tax
Tax expense
Net profit ^
₹ in M
4,620.1
2,956.7
1,663.4
36.00%
866.0
18.74%
797.4
17.26%
48.7
748.7
16.21%
158.4
590.3
409.3
999.6
(21.4)
13.6
991.8
233.3
758.5
Q2 2025
US$ in M
54.0
34.6
19.4
10.1
9.3
0.5
8.8
1.9
6.9
4.7
11.6
(0.3)
0.2
11.5
2.7
8.8
Q1 2025
US$ in M
51.1
32.3
18.8
9.9
8.9
0.7
8.2
1.7
6.5
-
6.5
(0.2)
0.3
6.6
2.1
4.5
₹ in M
4,424.7
2,800.5
1,624.2
36.7%
856.1
19.4%
768.1
17.4%
62.5
705.6
16.0%
146.0
559.6
-
559.6
(14.9)
22.6
567.3
181.4
385.9
Q2 2024
US$ in M
51.8
33.4
18.4
9.8
8.6
1.0
7.6
2.0
5.6
-
5.6
(0.2)
0.2
5.6
2.6
3.0
₹ in M
4,320.4
2,786.3
1,534.1
35.5%
820.2
19.0%
713.9
16.5%
79.7
634.2
14.7%
167.4
466.8
-
466.8
(20.0)
21.5
468.3
219.4
248.9
# Q2 2025 consists of profit on sale of land, building and certain other assets located at Company’s NOIDA office as offset by finding fees paid for Chief Sales Officer.
^ Adjusted Net Profit after tax for Q2 2025 amounting to Rs. 464.38 mn (US$ 5.42 mn), for Q1 2025 is Rs. 433.72 mn (US$ 5.01 mn) and for Q2 2024 Rs. 302.65 mn (US$ 3.63 mn)
THANK