R Systems International Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
R Systems reported Q2 2026 revenue of Rs. 601.7 crores, up 30.2% year-on-year in rupee terms and 17.7% in dollar terms, with adjusted EBITDA at Rs. 120.7 crores or 20.1% of revenue. Management attributed the growth to volume, rupee depreciation, the Novigo acquisition, and an increasing share of AI, data and cloud services in the revenue mix. The company also reported trailing 12-month ACV bookings of $82.9 million and discussed several new client wins across telecom, financial services, insurance and ad-tech sectors.
R Systems reported Q1 FY26 revenue of INR 574.8 crore, up 29.9% year-over-year and 3.5% quarter-over-quarter, with adjusted EBITDA margin of 20.1%. Management attributed growth to volume, rupee depreciation, and the Novigo acquisition, while noting utilization declined to about 80.5% due to deliberate investment in AI and data talent. The company also announced the launch of its EXIQO AI studio, a brand refresh, and the appointment of a new Chief Revenue Officer.