R Systems International Ltd (BOM:532735)
₹ 493.6 3.2 (0.65%) Market Cap: 58.39 Bil Enterprise Value: 56.67 Bil PE Ratio: 50.94 PB Ratio: 9.67 GF Score: 95/100

Q3 2024 R Systems International Ltd Earnings Call Transcript

Nov 7, 2024 / 05:30 AM GMT
Release Date Price: ₹489.15 (-2.11%)

Key Points

Positve
  • R Systems International Ltd (BOM:532735) reported a revenue growth of 2.8% quarter-on-quarter and 1.4% year-on-year, indicating a positive trend in financial performance.
  • The company achieved an EBITA growth of 11.5% quarter-on-quarter and 19.5% year-on-year, reflecting improved operational efficiencies.
  • Utilization rates have improved, contributing to the EBITA growth, and the company has maintained a DSO of 59 days, indicating efficient cash collection.
  • R Systems International Ltd (BOM:532735) has expanded its delivery footprint by opening a new delivery center in Mexico, enhancing its nearshore capabilities for North American clients.
  • The company has launched new offerings such as Optima AI and other solutions, which are gaining market acceptance and enhancing its service portfolio.
Negative
  • The revenue contribution from North America, the largest geography, has decreased slightly from the previous quarter, indicating potential regional challenges.
  • The top client contribution has decreased, particularly from the telecom sector, which has been curtailing spending.
  • Despite positive trends, the company faces challenges in increasing billing rates due to the current market environment.
  • There is a seasonal impact expected in Q4 due to holidays and lower working days, which may affect revenue growth.
  • The company has not seen an immediate increase in spending from clients despite positive market sentiment, indicating potential delays in decision-making.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RSYS.NS - R Systems International Ltd
Q3 2024 R Systems International Ltd Earnings Call
Nov 08, 2024 / 05:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the our Systems Q3 FY 2024 earnings conference call. As a reminder, all participant line will be in listen-only more and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call? Please signal an operator by press star then zero on your touchtone phone. Please note that this conference is being recorded. I now have the conference over to Mr Kumar. Thank you and over to you, sir.

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Unidentified_2 [2]
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