Reported Earnings • May 20
Full year 2026 earnings released: EPS: ₹1.40 (vs ₹1.14 in FY 2025) Full year 2026 results: EPS: ₹1.40 (up from ₹1.14 in FY 2025). Revenue: ₹975.2m (up 49% from FY 2025). Net income: ₹192.6m (up 28% from FY 2025). Profit margin: 20% (down from 23% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹15.27, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 23x in the Software industry in India. Total loss to shareholders of 1.8% over the past three years. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: ₹0.37 (vs ₹0.27 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.37 (up from ₹0.27 in 3Q 2025). Revenue: ₹277.9m (up 64% from 3Q 2025). Net income: ₹54.6m (up 54% from 3Q 2025). Profit margin: 20% (down from 21% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 11
Second quarter 2026 earnings released: EPS: ₹0.31 (vs ₹0.25 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.31 (up from ₹0.25 in 2Q 2025). Revenue: ₹231.4m (up 43% from 2Q 2025). Net income: ₹43.0m (up 32% from 2Q 2025). Profit margin: 19% (down from 20% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 29
DRC Systems India Limited announced that it has received INR 250 million in funding On October 28, 2025, DRC Systems India Limited closed the transaction. Post allotment, the Paid up Equity Share Capital of the Company stands increased from 13,40,81,330 Equity Shares of Face Value of INR 1 each to 14,40,81,330 Equity Shares of Face Value of INR 1 each. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹0.33 (vs ₹0.29 in 1Q 2025) First quarter 2026 results: EPS: ₹0.33 (up from ₹0.29 in 1Q 2025). Revenue: ₹182.9m (up 19% from 1Q 2025). Net income: ₹43.5m (up 13% from 1Q 2025). Profit margin: 24% (down from 25% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 29
DRC Systems India Limited to Report Q1, 2026 Results on Aug 11, 2025 DRC Systems India Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Duyuru • Jun 17
DRC Systems India Limited (NSEI:DRCSYSTEMS) agreed to acquire 50.10% stake in Inexture Solutions Limited for INR 10 million. DRC Systems India Limited (NSEI:DRCSYSTEMS) agreed to acquire 50.10% stake in Inexture Solutions Limited for INR 10 million on June 17, 2025. A cash consideration of INR 10 million will be paid by DRC Systems India Limited. Post acquisition, Inexture Solutions would become a Subsidiary of DRC Systems.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer board and consummation of due diligence investigation and expected complete the transaction within 60 days. The deal has been approved by the DRC System' board. Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹1.14 (vs ₹0.88 in FY 2024) Full year 2025 results: EPS: ₹1.14 (up from ₹0.88 in FY 2024). Revenue: ₹657.2m (up 38% from FY 2024). Net income: ₹150.8m (up 29% from FY 2024). Profit margin: 23% (down from 24% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹24.32, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 29x in the Software industry in India. Total returns to shareholders of 100% over the past three years. Buy Or Sell Opportunity • Mar 04
Now 22% overvalued Over the last 90 days, the stock has fallen 34% to ₹18.52. The fair value is estimated to be ₹15.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 69%. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹18.13, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 29x in the Software industry in India. Total returns to shareholders of 49% over the past three years. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: ₹0.27 (vs ₹0.38 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.27 (down from ₹0.38 in 3Q 2024). Revenue: ₹171.1m (up 26% from 3Q 2024). Net income: ₹35.5m (down 31% from 3Q 2024). Profit margin: 21% (down from 38% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹30.69, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 37x in the Software industry in India. Total returns to shareholders of 122% over the past three years. New Risk • Jan 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹3.43b market cap, or US$39.8m). New Risk • Dec 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹4.08b market cap, or US$48.0m). Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹30.87, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 38x in the Software industry in India. Total returns to shareholders of 283% over the past three years. Duyuru • Dec 03
DRC Systems India Limited Announces Resignation of Mr. Roopkishan Sohanlal Dave as Independent Director DRC Systems India Limited announced that Mr. Roopkishan Sohanlal Dave (DIN: 02800417) has tendered his resignation as the Independent Director of the Company, with effect from the close of business hours on November 29, 2024, due to his personal reasons. The letter of resignation received from Mr. Roopkishan Dave is enclosed herewith. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹0.25 (vs ₹0.11 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.25 (up from ₹0.11 in 2Q 2024). Revenue: ₹162.0m (up 64% from 2Q 2024). Net income: ₹32.7m (up 121% from 2Q 2024). Profit margin: 20% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 28
Now 21% overvalued Over the last 90 days, the stock has fallen 9.8% to ₹23.48. The fair value is estimated to be ₹19.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 86%. Buy Or Sell Opportunity • Sep 27
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to ₹24.32. The fair value is estimated to be ₹19.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 86%. Buy Or Sell Opportunity • Sep 10
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to ₹25.76. The fair value is estimated to be ₹20.66, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 86%. Duyuru • Aug 08
DRC Systems India Limited, Annual General Meeting, Sep 17, 2024 DRC Systems India Limited, Annual General Meeting, Sep 17, 2024, at 11:00 Indian Standard Time. Reported Earnings • Jul 12
First quarter 2025 earnings released: EPS: ₹0.29 (vs ₹0.083 in 1Q 2024) First quarter 2025 results: EPS: ₹0.29 (up from ₹0.083 in 1Q 2024). Revenue: ₹153.7m (up 116% from 1Q 2024). Net income: ₹38.5m (up 246% from 1Q 2024). Profit margin: 25% (up from 16% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Duyuru • Jul 05
DRC Systems India Limited to Report Q1, 2025 Results on Jul 11, 2024 DRC Systems India Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Jul 11, 2024 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹26.20, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 41x in the Software industry in India. Total returns to shareholders of 188% over the past three years. Reported Earnings • May 22
Full year 2024 earnings released: EPS: ₹0.88 (vs ₹0.55 in FY 2023) Full year 2024 results: EPS: ₹0.88 (up from ₹0.55 in FY 2023). Revenue: ₹477.9m (up 87% from FY 2023). Net income: ₹116.5m (up 74% from FY 2023). Profit margin: 24% (down from 26% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹19.41, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 38x in the Software industry in India. Total returns to shareholders of 109% over the past three years. Reported Earnings • Jan 19
Third quarter 2024 earnings released: EPS: ₹1.15 (vs ₹0.99 in 3Q 2023) Third quarter 2024 results: EPS: ₹1.15 (up from ₹0.99 in 3Q 2023). Revenue: ₹135.6m (up 57% from 3Q 2023). Net income: ₹51.0m (up 30% from 3Q 2023). Profit margin: 38% (down from 46% in 3Q 2023). Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹52.06, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 42x in the Software industry in India. Total returns to shareholders of 41% over the past year. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₹55.51, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 37x in the Software industry in India. Total returns to shareholders of 93% over the past year. Reported Earnings • Oct 21
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₹99.1m (up 73% from 2Q 2023). Net income: ₹14.8m (up 69% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: ₹0.25 (vs ₹0.18 in 1Q 2023) First quarter 2024 results: EPS: ₹0.25 (up from ₹0.18 in 1Q 2023). Revenue: ₹71.2m (up 59% from 1Q 2023). Net income: ₹11.1m (up 59% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Duyuru • Jul 29
DRC Systems India Limited, Annual General Meeting, Sep 14, 2023 DRC Systems India Limited, Annual General Meeting, Sep 14, 2023, at 11:00 Indian Standard Time. Duyuru • Jul 23
DRC Systems India Limited to Report Q1, 2024 Results on Jul 28, 2023 DRC Systems India Limited announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹1.64 (vs ₹0.18 in FY 2022) Full year 2023 results: EPS: ₹1.64 (up from ₹0.18 in FY 2022). Revenue: ₹298.5m (up 53% from FY 2022). Net income: ₹66.9m (up ₹59.9m from FY 2022). Profit margin: 22% (up from 3.6% in FY 2022). The increase in margin was driven by higher revenue. Duyuru • May 13
DRC Systems India Limited to Report Q4, 2023 Results on May 29, 2023 DRC Systems India Limited announced that they will report Q4, 2023 results at 12:08 PM, Indian Standard Time on May 29, 2023 Buying Opportunity • Apr 20
Now 24% undervalued Over the last 90 days, the stock is up 3.9%. The fair value is estimated to be ₹52.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 132%. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹29.00, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 25x in the Software industry in India. Total loss to shareholders of 21% over the past year. Board Change • Feb 13
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Hiten Barchha is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jan 13
Third quarter 2023 earnings released: EPS: ₹0.99 (vs ₹0.019 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.99 (up from ₹0.019 in 3Q 2022). Revenue: ₹87.6m (up 104% from 3Q 2022). Net income: ₹39.3m (up ₹38.6m from 3Q 2022). Profit margin: 45% (up from 1.7% in 3Q 2022). The increase in margin was driven by higher revenue. Duyuru • Jan 05
DRC Systems India Limited to Report Q3, 2023 Results on Jan 12, 2023 DRC Systems India Limited announced that they will report Q3, 2023 results on Jan 12, 2023 Buying Opportunity • Jan 02
Now 22% undervalued Over the last 90 days, the stock is up 41%. The fair value is estimated to be ₹49.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last year. Earnings per share has grown by 321%. Buying Opportunity • Dec 14
Now 23% undervalued Over the last 90 days, the stock is up 1.7%. The fair value is estimated to be ₹49.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last year. Earnings per share has grown by 321%. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 18% share price gain to ₹34.05, the stock trades at a trailing P/E ratio of 74.2x. Average trailing P/E is 32x in the Software industry in India. Total returns to shareholders of 41% over the past year. Board Change • Nov 16
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Hiten Barchha is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 16
Second quarter 2023 earnings released: EPS: ₹0.23 (vs ₹0.037 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.23 (up from ₹0.037 in 2Q 2022). Revenue: ₹57.4m (up 7.3% from 2Q 2022). Net income: ₹8.75m (up ₹7.30m from 2Q 2022). Profit margin: 15% (up from 2.7% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Duyuru • Oct 15
DRC Systems India Limited (BSE:543268) agreed to acquire 23.34% stake in NexTenders (India) Private Limited for INR 17.5 million. DRC Systems India Limited (BSE:543268) agreed to acquire 23.34% stake in NexTenders (India) Private Limited for INR 17.5 million on October 14, 2022. Nextenders (India) Private Limited generated the turnover of INR 722.43 Lakhs as on March 31, 2022. Board of Directors of DRC Systems India Limited approved the Transaction. Acquisition is expected to complete within 30 days. Duyuru • Oct 07
DRC Systems India Limited to Report Q2, 2022 Results on Oct 14, 2022 DRC Systems India Limited announced that they will report Q2, 2022 results on Oct 14, 2022 Duyuru • Sep 21
DRC Systems India Limited announced that it expects to receive INR 200 million in funding DRC Systems India Limited announced a private placement of 5,000,000 equity shares on preferential issue basis to be issued at a price of INR 40 per share for proceeds of INR 200,000,000 on September 20, 2022. The transaction has been approved by the board of directors. The transaction will include participation from new investor Somani Multibiz Limited. The transaction is subject to approval from shareholders of the company. Board Change • Aug 02
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Hiten Barchha is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Jul 14
DRC Systems India Limited to Report Q1, 2022 Results on Jul 21, 2022 DRC Systems India Limited announced that they will report Q1, 2022 results on Jul 21, 2022 Board Change • May 09
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Hiten Barchha is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Duyuru • Apr 19
DRC Systems India Limited, Annual General Meeting, Jun 29, 2022 DRC Systems India Limited, Annual General Meeting, Jun 29, 2022, at 11:00 Indian Standard Time. Duyuru • Apr 10
DRC Systems India Limited to Report Q4, 2022 Results on Apr 18, 2022 DRC Systems India Limited announced that they will report Q4, 2022 results on Apr 18, 2022 Board Change • Mar 28
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Hiten Barchha is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 17
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Hiten Barchha is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Jan 22
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.19 (up from ₹1.06 loss in 3Q 2021). Revenue: ₹42.9m (down 11% from 3Q 2021). Net income: ₹740.0k (up ₹4.85m from 3Q 2021). Profit margin: 1.7% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Board Change • Dec 31
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. MD, CEO & Director Hiten Barchha is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.