Financials R Systems International Limited

Equities

RSYSTEMS

INE411H01032

IT Services & Consulting

Market Closed - NSE India S.E. 07:43:53 2024-05-31 am EDT 5-day change 1st Jan Change
441.8 INR +1.35% Intraday chart for R Systems International Limited -4.28% -19.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,076 8,436 14,500 38,413 30,014 64,960
Enterprise Value (EV) 1 4,166 6,423 11,963 36,243 28,111 64,449
P/E ratio 11.8 x 14.5 x 17.6 x 27.4 x 21.5 x 46.4 x
Yield 1.22% 2.14% - 1.76% 2.56% 1.24%
Capitalization / Revenue 0.87 x 1.04 x 1.65 x 3.32 x 1.98 x 3.86 x
EV / Revenue 0.6 x 0.79 x 1.36 x 3.14 x 1.85 x 3.83 x
EV / EBITDA 7.41 x 8.78 x 11.1 x 23.9 x 14.3 x 26.5 x
EV / FCF -178 x 15.3 x 17.7 x 128 x 76.4 x 34.4 x
FCF Yield -0.56% 6.53% 5.64% 0.78% 1.31% 2.91%
Price to Book 1.88 x 2.49 x 3.4 x 8.35 x 5.5 x 10.6 x
Nbr of stocks (in thousands) 123,990 120,338 119,636 118,303 118,303 118,303
Reference price 2 49.00 70.10 121.2 324.7 253.7 549.1
Announcement Date 5/10/19 6/5/20 4/23/21 5/25/22 5/27/23 5/17/24
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,999 8,094 8,806 11,556 15,158 16,845
EBITDA 1 562 731.3 1,074 1,516 1,968 2,433
EBIT 1 443.8 587.9 934.4 1,345 1,734 2,026
Operating Margin 6.34% 7.26% 10.61% 11.64% 11.44% 12.03%
Earnings before Tax (EBT) 1 626.8 719.4 966.1 1,701 1,702 2,000
Net income 1 510.4 581.2 821.9 1,414 1,397 1,401
Net margin 7.29% 7.18% 9.33% 12.24% 9.21% 8.32%
EPS 2 4.140 4.820 6.870 11.85 11.81 11.84
Free Cash Flow 1 -23.45 419.4 675 283.4 367.8 1,873
FCF margin -0.33% 5.18% 7.66% 2.45% 2.43% 11.12%
FCF Conversion (EBITDA) - 57.35% 62.82% 18.7% 18.69% 76.97%
FCF Conversion (Net income) - 72.15% 82.12% 20.04% 26.33% 133.68%
Dividend per Share 2 0.6000 1.500 - 5.700 6.500 6.800
Announcement Date 5/10/19 6/5/20 4/23/21 5/25/22 5/27/23 5/17/24
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,910 2,012 2,537 2,171 1,902 511
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -23.4 419 675 283 368 1,873
ROE (net income / shareholders' equity) 17.2% 17.6% 21.5% 31.9% 27.8% 20%
ROA (Net income/ Total Assets) 6.64% 7.85% 10.2% 12.5% 14.2% 11.8%
Assets 1 7,684 7,406 8,036 11,292 9,831 11,882
Book Value Per Share 2 26.00 28.10 35.70 38.90 46.10 51.70
Cash Flow per Share 2 6.780 10.70 17.80 17.30 17.40 13.30
Capex 1 159 181 172 279 348 202
Capex / Sales 2.27% 2.24% 1.95% 2.41% 2.3% 1.2%
Announcement Date 5/10/19 6/5/20 4/23/21 5/25/22 5/27/23 5/17/24
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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