R Systems International
BSE:532735
532735
BSE
₹7B
Market Cap
Company description
R Systems International Limited provides information technology solutions and business process outsourcing (BPO) services worldwide. The last earnings update was 71 days ago. More info.
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532735 Share Price and Events
7 Day Returns
-0.7%
BSE:532735
2.4%
IN IT
-1%
IN Market
1 Year Returns
24.9%
BSE:532735
20.8%
IN IT
-1.6%
IN Market
532735 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| R Systems International (532735) | -0.7% | -8% | -7% | 24.9% | -23.9% | 20.5% |
| IN IT | 2.4% | 7.8% | 10.9% | 20.8% | 48.7% | 85% |
| IN Market | -1% | 3% | 6.2% | -1.6% | 39% | 73% |
1 Year Return vs Industry and Market
- 532735 outperformed the IT industry which returned 20.8% over the past year.
- 532735 outperformed the Market in India which returned -1.6% over the past year.
532735 Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
R Systems International
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data
Below are the data sources, inputs and calculation used to determine the intrinsic value for R Systems International.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 16.5% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| IT Unlevered Beta | Simply Wall St/ S&P Global | 1.06 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.056 (1 + (1- 35%) (0.22%)) |
1.039 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.04 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.039 * 8.6%) |
16.48% |
Discounted Cash Flow Calculation for BSE:532735 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for R Systems International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 16.48%) |
|
|---|---|---|---|
| 2019 | 272.79 | Est @ 8.83% | 234.19 |
| 2020 | 295.83 | Est @ 8.44% | 218.03 |
| 2021 | 320.01 | Est @ 8.18% | 202.48 |
| 2022 | 345.58 | Est @ 7.99% | 187.72 |
| 2023 | 372.73 | Est @ 7.86% | 173.82 |
| 2024 | 401.67 | Est @ 7.76% | 160.81 |
| 2025 | 432.60 | Est @ 7.7% | 148.69 |
| 2026 | 465.72 | Est @ 7.66% | 137.42 |
| 2027 | 501.23 | Est @ 7.62% | 126.97 |
| 2028 | 539.33 | Est @ 7.6% | 117.29 |
| Present value of next 10 years cash flows | ₹1,707.41 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹539.33 × (1 + 7.55%) ÷ (16.48% – 7.55%) |
₹6,493.73 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹6,493.73 ÷ (1 + 16.48%)10 |
₹1,412.18 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹1,707.41 + ₹1,412.18 |
₹3,119.59 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹3,119.59 / 153.74 |
₹20.29 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹20.29 |
| Current discount | Discount to share price of
₹47.40
= -1 x (₹47.40 - ₹20.29) / ₹20.29 |
-133.6% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of R Systems International is above its future cash flow value.
Often investors are willing to pay a
premium
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for R Systems International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
R Systems International's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in INR | ₹4.14 |
| BSE:532735 Share Price ** | BSE (2019-04-25) in INR | ₹47.4 |
| India IT Industry PE Ratio | Median Figure of 84 Publicly-Listed IT Companies | 15.94x |
| India Market PE Ratio | Median Figure of 2,739 Publicly-Listed Companies | 16.05x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of R Systems International.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:532735 Share Price ÷ EPS (both in INR) = 47.4 ÷ 4.14 |
11.45x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- R Systems International is good value based on earnings compared to the IN IT industry average.
- R Systems International is good value based on earnings compared to the India market.
Price based on expected Growth
Does
R Systems International's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 11.45x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
2.8%per year |
| India IT Industry PEG Ratio | Median Figure of 21 Publicly-Listed IT Companies | 1.31x |
| India Market PEG Ratio | Median Figure of 586 Publicly-Listed Companies | 1.32x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for R Systems International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
R Systems International's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in INR | ₹26.21 |
| BSE:532735 Share Price * | BSE (2019-04-25) in INR | ₹47.4 |
| India IT Industry PB Ratio | Median Figure of 108 Publicly-Listed IT Companies | 1.38x |
| India Market PB Ratio | Median Figure of 3,630 Publicly-Listed Companies | 1.09x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:532735 Share Price ÷ Book Value per Share (both in INR) = 47.4 ÷ 26.21 |
1.81x |
* Primary Listing of R Systems International.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- R Systems International is overvalued based on assets compared to the IN IT industry average.
X
Value checks
We assess R Systems International's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the IT industry average (and greater than 0)? (1 check) R Systems International has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
532735 Future Performance
- No analysts cover R Systems International, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
2.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
R Systems International
expected to grow at an
attractive
rate?
- R Systems International's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
- R Systems International's earnings growth is positive but not above the India market average.
- Unable to compare R Systems International's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| BSE:532735 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 2.8% |
| India IT Industry Earnings Growth Rate | Market Cap Weighted Average | 9.5% |
| India IT Industry Revenue Growth Rate | Market Cap Weighted Average | 9.4% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.3% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
Raw Data
All numbers in INR Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 6,999 | 510 | |
| 2018-09-30 | 6,630 | 342 | |
| 2018-06-30 | 6,215 | 275 | |
| 2018-03-31 | 6,005 | 236 | |
| 2017-12-31 | 5,926 | 374 | 245 |
| 2017-09-30 | 5,905 | 350 | |
| 2017-06-30 | 5,897 | 393 | |
| 2017-03-31 | 5,907 | 513 | |
| 2016-12-31 | 5,882 | 436 | 537 |
| 2016-09-30 | 5,806 | 584 | |
| 2016-06-30 | 5,795 | 996 | |
| 2016-03-31 | 5,961 | 973 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from R Systems International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-12-31 | 4.14 |
| 2018-09-30 | 2.76 |
| 2018-06-30 | 2.21 |
| 2018-03-31 | 1.90 |
| 2017-12-31 | 1.98 |
| 2017-09-30 | 2.81 |
| 2017-06-30 | 3.14 |
| 2017-03-31 | 4.07 |
| 2016-12-31 | 4.24 |
| 2016-09-30 | 4.60 |
| 2016-06-30 | 7.87 |
| 2016-03-31 | 7.67 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if R Systems International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
R Systems International has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Future performance checks
We assess R Systems International's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
R Systems International has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
532735 Past Performance
How has R Systems International performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Below we compare
R Systems International's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it
has maintained that growth in the year.
- R Systems International's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- R Systems International's 1-year earnings growth exceeds its 5-year average (108.5% vs -15.7%)
- R Systems International's earnings growth has exceeded the IN IT industry average in the past year (108.5% vs 24.5%).
Earnings and Revenue History
R Systems International's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
Raw Data
All data from R Systems International Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 6,998.89 | 510.45 | ||
| 2018-09-30 | 6,629.58 | 342.42 | 1,309.50 | |
| 2018-06-30 | 6,214.54 | 274.78 | 1,309.50 | |
| 2018-03-31 | 6,005.41 | 236.40 | 1,309.50 | |
| 2017-12-31 | 5,926.36 | 244.81 | 1,309.50 | |
| 2017-09-30 | 5,905.15 | 349.53 | 1,313.78 | |
| 2017-06-30 | 5,897.37 | 392.91 | 1,353.35 | |
| 2017-03-31 | 5,906.66 | 513.15 | 1,246.90 | |
| 2016-12-31 | 5,882.37 | 536.88 | 1,287.77 | |
| 2016-09-30 | 5,806.20 | 583.81 | 1,463.28 | |
| 2016-06-30 | 5,795.15 | 996.09 | 1,691.10 | |
| 2016-03-31 | 5,961.15 | 972.68 | 1,069.25 | |
| 2015-12-31 | 6,050.32 | 978.30 | 1,580.70 | |
| 2015-09-30 | 6,222.96 | 1,061.73 | 1,382.95 | |
| 2015-06-30 | 6,478.01 | 723.87 | 1,445.65 | |
| 2015-03-31 | 6,430.16 | 719.69 | 1,158.90 | |
| 2014-12-31 | 6,484.96 | 781.34 | 1,533.47 | |
| 2014-09-30 | 6,509.99 | 682.71 | 1,376.63 | |
| 2014-06-30 | 6,429.07 | 681.15 | 1,344.48 | |
| 2014-03-31 | 6,274.57 | 618.66 | 1,331.14 | |
| 2013-12-31 | 5,960.54 | 526.99 | 1,306.59 | |
| 2013-09-30 | 5,521.06 | 338.34 | 1,221.85 | |
| 2013-06-30 | 5,061.98 | 204.06 | 1,122.98 | |
| 2013-03-31 | 4,802.12 | 181.41 | 1,044.15 | |
| 2012-12-31 | 4,650.09 | 183.62 | 964.81 | |
| 2012-09-30 | 4,560.86 | 208.95 | 935.29 | |
| 2012-06-30 | 4,539.63 | 208.82 | 951.49 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- R Systems International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- R Systems International used its assets more efficiently than the IN IT industry average last year based on Return on Assets.
- R Systems International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
R Systems International has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Past performance checks
We assess R Systems International's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
R Systems International has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
532735 Health
How is R Systems International's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up R Systems International's finances.
The net worth of a company is the difference between its assets and liabilities.
- R Systems International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- R Systems International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
R Systems International's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 232.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data
All data from R Systems International Company Filings, last reported 3 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 3,229.03 | 15.91 | 2,177.69 |
| 2018-09-30 | 3,018.00 | 14.83 | 2,071.05 |
| 2018-06-30 | 2,809.45 | 14.78 | 1,837.47 |
| 2018-03-31 | 2,776.66 | 15.03 | 1,922.13 |
| 2017-12-31 | 3,033.13 | 20.35 | 1,636.23 |
| 2017-09-30 | 2,972.96 | 16.62 | 1,544.09 |
| 2017-06-30 | 2,868.42 | 17.27 | 1,381.92 |
| 2017-03-31 | 2,782.83 | 18.00 | 1,297.16 |
| 2016-12-31 | 2,779.73 | 24.32 | 1,230.82 |
| 2016-09-30 | 2,814.26 | 7.67 | 1,255.04 |
| 2016-06-30 | |||
| 2016-03-31 | 2,546.77 | 8.37 | 1,036.43 |
| 2015-12-31 | 2,428.56 | 18.09 | 969.48 |
| 2015-09-30 | 2,202.01 | 8.84 | 973.67 |
| 2015-06-30 | 1,713.28 | 5.08 | 1,097.94 |
| 2015-03-31 | 2,061.45 | 5.67 | 1,013.62 |
| 2014-12-31 | 2,131.05 | 9.29 | 1,381.83 |
| 2014-09-30 | 2,372.98 | 5.62 | 1,099.29 |
| 2014-06-30 | 2,373.92 | 7.18 | 925.01 |
| 2014-03-31 | 2,434.01 | 7.24 | 1,147.65 |
| 2013-12-31 | 2,317.61 | 14.88 | 1,024.54 |
| 2013-09-30 | 2,240.10 | 9.36 | 820.40 |
| 2013-06-30 | 2,091.12 | 9.40 | 736.21 |
| 2013-03-31 | 1,958.38 | 9.30 | 790.35 |
| 2012-12-31 | 1,946.00 | 6.95 | 814.56 |
| 2012-09-30 | 1,905.88 | 3.35 | 650.49 |
| 2012-06-30 | 1,905.88 | 3.35 | 650.49 |
- R Systems International's level of debt (0.5%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (0.6% vs 0.5% today).
- Debt is well covered by operating cash flow (2352.9%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 164.9x coverage).
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess R Systems International's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) R Systems International has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
532735 Dividends
What is R Systems International's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
2.53%
Current annual income from
R Systems International
dividends.
If you bought
₹2,000 of
R Systems International
shares you are expected to receive
₹51
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- R Systems International's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.51%).
- R Systems International's dividend is above the markets top 25% of dividend payers in India (1.95%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| India IT Industry Average Dividend Yield | Market Cap Weighted Average of 40 Stocks | 1.5% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1399 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 1.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-10-30 | 1.200 | 2.446 |
| 2018-07-27 | 1.200 | 3.097 |
| 2018-05-04 | 1.200 | 3.863 |
| 2018-02-09 | 0.000 | 0.000 |
| 2017-11-02 | 0.000 | 0.000 |
| 2017-08-03 | 0.000 | 0.000 |
| 2017-05-04 | 0.000 | 0.000 |
| 2017-04-19 | 0.000 | 0.000 |
| 2017-02-13 | 0.000 | 0.000 |
| 2017-02-10 | 0.000 | 0.000 |
| 2016-10-26 | 0.000 | 0.000 |
| 2016-05-02 | 0.000 | 0.000 |
| 2016-02-08 | 0.000 | 0.000 |
| 2015-05-18 | 3.300 | 4.771 |
| 2015-02-09 | 3.300 | 4.299 |
| 2014-07-28 | 2.000 | 3.190 |
| 2014-06-04 | 3.800 | 7.923 |
| 2014-04-16 | 2.050 | 4.696 |
| 2014-02-07 | 2.050 | 4.427 |
| 2013-07-29 | 0.500 | 1.596 |
| 2013-02-11 | 0.750 | 3.327 |
| 2012-05-04 | 0.360 | 2.055 |
| 2011-04-15 | 0.240 | 1.994 |
| 2011-02-21 | 0.240 | 1.899 |
| 2010-03-02 | 0.240 | 2.214 |
| 2010-02-22 | 0.240 | 2.473 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- R Systems International has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but R Systems International only paid a dividend in the past 9 years.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess R Systems International's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can R Systems International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) R Systems International has a total score of 2/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
532735 Management
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
CEO
Satinder
Rekhi
| COMPENSATION | ₹33,838,497 |
| AGE | 67 |
| TENURE AS CEO | 7.9 years |
CEO Bio
Mr. Satinder Singh Rekhi serves as Executive Director of Corporate at ECnet Ltd. Mr. Rekhi is the Founder of Indus Software Pvt. Ltd. in 1993 and serves as its Chairman and Chief Executive Officer. Mr. Rekhi has been Managing Director of R Systems International Ltd. since May 25, 2011 and served as its Chief Executive Officer until October 2007. He founded R Systems in 1993. He has over 25 years experience. He is considered by many as a pioneer in the information technology industry. Prior to R Systems, he held senior management positions with HCL Technologies and DISC (now, Synergex) in the United States, Singapore and India. He served as a Senior Management personnel of Digital Information Systems Corporation. He served as the Chairman of R Systems International Ltd. since May 25, 2011. He serves as the Chairman of Computaris International Limited. He serves as a Director at R Systems International Ltd., R Systems, Inc., R Systems (Singapore) Pte Ltd., Indus Software, Inc. and R Systems Solution, Inc. (formerly, Web Converse, Inc.). Mr. Rekhi received a Bachelor of Technology from IIT, Kharagpur, India and a Masters in Business Administration from California State University, Sacramento. Mr. Rekhi has attended several senior management programs from University of Berkeley and Harvard Business School.
CEO Compensation
- Satinder's compensation has been consistent with company performance over the past year.
- Satinder's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the R Systems International management team in years:
7.3
Average Tenure
55.5
Average Age
- The average tenure for the R Systems International management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Satinder Rekhi
TITLE
Founder
COMPENSATION
₹34M
AGE
67
TENURE
7.9 yrs
Baldev Singh
TITLE
President & Senior Executive Director
COMPENSATION
₹7M
AGE
78
TENURE
7 yrs
Nand Sardana
TITLE
Chief Financial Officer
COMPENSATION
₹7M
AGE
52
TENURE
7.6 yrs
Avirag Jain
TITLE
CTO & Executive Director
COMPENSATION
₹3M
AGE
52
TENURE
1.7 yrs
Mandeep Sodhi
TITLE
Vice President of Sales
AGE
51
Harsh Verma
TITLE
VP of Global Innovative Research & Head of Mobility Solutions
AGE
58
Khosrow Hassibi
TITLE
Chief Data Scientist
AGE
56
Ashok Bhatia
TITLE
Vice President of Client Operations
AGE
73
Jefferey Johnstone
TITLE
Director of Client Services
AGE
55
Damian Clinton
TITLE
Senior Sales Director
AGE
54
Board of Directors Tenure
Average tenure and age of the R Systems International board of directors in years:
2.8
Average Tenure
67
Average Age
- The average tenure for the R Systems International board of directors is less than 3 years, this suggests a new board.
Board of Directors
Satinder Rekhi
TITLE
Founder
COMPENSATION
₹34M
AGE
67
Baldev Singh
TITLE
President & Senior Executive Director
COMPENSATION
₹7M
AGE
78
TENURE
21.6 yrs
Avirag Jain
TITLE
CTO & Executive Director
COMPENSATION
₹3M
AGE
52
TENURE
1.7 yrs
Ruchica Gupta
TITLE
Non-Executive Independent Director
COMPENSATION
₹275K
TENURE
4.8 yrs
Kapil Dhameja
TITLE
Non-Executive Independent Director
COMPENSATION
₹300K
TENURE
2.8 yrs
Aditya Wadhwa
TITLE
Non-Executive Independent Director
COMPENSATION
₹250K
TENURE
2.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 21. Aug 18 | Buy | Satinder Rekhi | Individual | 17. Aug 18 | 17. Aug 18 | 68,720 | ₹37.15 | ₹2,552,802 | ||
| 17. Aug 18 | Buy | Satinder Rekhi | Individual | 14. Aug 18 | 16. Aug 18 | 26,623 | ₹37.10 | ₹987,809 | ||
| 14. Aug 18 | Buy | Satinder Rekhi | Individual | 10. Aug 18 | 13. Aug 18 | 60,280 | ₹37.14 | ₹2,238,803 | ||
| 10. Aug 18 | Buy | Satinder Rekhi | Individual | 08. Aug 18 | 09. Aug 18 | 36,082 | ₹37.15 | ₹1,340,297 | ||
| 08. Aug 18 | Buy | Satinder Rekhi | Individual | 06. Aug 18 | 07. Aug 18 | 34,392 | ₹37.05 | ₹1,274,055 | ||
| 03. Aug 18 | Buy | Satinder Rekhi | Individual | 01. Aug 18 | 02. Aug 18 | 132,699 | ₹35.27 | ₹4,680,505 | ||
X
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Management checks
We assess R Systems International's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) R Systems International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
532735 Company Info
Description
R Systems International Limited provides information technology solutions and business process outsourcing (BPO) services worldwide. The company offers ECnet Pro trading platform, a supply chain management and business-to-business platform that allows to collaborate and complete purchase related processes and transactions; Computaris Convergent Charging solution to converge real-time rating, charging, and billing; mobile broadband management solutions; Computaris mobile virtual network operator in a White Box solution for MVNOs business exigencies; and value added services It also provides services in the areas of data and analytics consulting, data engineering, business insights, advanced analytics, and customer experience analytics; robotic process automation; quality assurance and engineering, digital transformation, and advisory and consulting; outsourced product development; application development; BPO and KPO services; and packaged solutions. The company serves banking and finance, telecom and digital media, healthcare, manufacturing, and logistics industries. R Systems International Limited was founded in 1993 and is headquartered in Noida, India.
Details
| Name: | R Systems International Limited |
| 532735 | |
| Exchange: | BSE |
| Founded: | 1993 |
| ₹7,287,123,277 | |
| 153,736,778 | |
| Website: | http://www.rsystems.com |
| Address: |
R Systems International Limited C-40, Sector 59, Noida, Uttar Pradesh, 201307, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 532735 | Equity Shares | Mumbai Stock Exchange | IN | INR | 26. Apr 2006 | |
| NSEI | RSYSTEMINT | Equity Shares | National Stock Exchange of India | IN | INR | 26. Apr 2006 |
Number of employees
Current staff
2,753
R Systems International
employees.
Industry
| IT Consulting and Other Services | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/25 13:30 |
| End of day share price update: | 2019/04/25 00:00 |
| Last earnings filing: | 2019/02/13 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
