R Systems International Limited · NSE:RSYSTEMS
R Systems International — Q4 2024 Earnings Presentation
17 slides from R Systems International's earnings presentation, April 2025
Slide 1: Q4 & CY 2024 Investor Presentation
Q4 & CY 2024 Investor Presentation THANK By : Nitesh Bansal (CEO & MD)
Slide 2: Disclaimer
Disclaimer “Investors are cautioned that this presentation contains forward-looking statements that involve risks and uncertainties. The Company undertakes no obligation publicly to update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Actu
Slide 3: Agenda
Agenda We plan to discuss… Key Highlights Building for the Future Financials Trend Key Wins Operations Metrics Summing Up Looking Ahead
Slide 4: Key Highlights in CY 2024
Key Highlights in CY 2024 Awards & Recognition REVENUE ₹ 17,417M “Strategic Supplier of the Year” Award from Chamberlain Group USD 208 M + YoY Growth 3.4% (excl. BOT 4.6%) Adj. EBITDA ₹ 2,910M Among Top 10 Leading India’s Top 500 Value One of the Best Tech USD 34.8 M AWS partners to watch in Creator
Slide 5: Financial Performance Q4 2024
Financial Performance Q4 2024 Adj. EBITDA : ₹801M (US$ 9.5M) Adj. EBITDA Bridge (₹ in M) Revenue ₹ 4,490M In % (US$ 53.2M) QoQ Adj. EBITDA (₹ in M) Revenue / Adj. EBITDA (INR) 1.1% / 0.6% Growth 17.9 17.8 YoY Revenue / Adj. EBITDA (INR) 7.8% / 24.6% 15.4 Growth Net Profit Q4 2023 Q3 2024 * Q4 2024 *
Slide 6: Financial Performance CY 2024
Financial Performance CY 2024 Adj. EBITDA : ₹2,910M (US$ 34.8M) Adj. EBITDA Bridge (₹ in M) In % Revenue ₹ 17,417M (US$ 208.2M) 15.7 1.0 YoY 3.4% Adj. EBITDA (₹ in M) Revenue Growth 16.7 (4.6% net of one-time fee#) 14.7 YoY Adj. 10.0% EBITDA Growth (18.7% net of one-time fee#) Year 2023 # Year 2024
Slide 7: Financials Trend - Revenue & Adj. EBITDA %age – Qtr.
Financials Trend - Revenue & Adj. EBITDA %age – 8 Qtr. The 8 Quarter trend of Revenue build up in INR and corresponding Adj. EBITDA percentage ₹ 4,490 M Revenue 4,900 20.0 The Company crossed quarterly 4,573 4,490 run rate of ₹ 445 crores 4,320 4,441 4,041 4,068 18.8 4,163 4,166 4,200 17.9 17.8 ₹ 4,
Slide 8: EBITDA Analysis
EBITDA Analysis ₹ in Mn Q4 FY 23 Q4 FY 24 FY23 FY23* FY24 Revenue 4,163 4,490 16,845 16,652 17,417 EBITDA 643 728 2,645 2,452 2,611 EBITDA % 15.4% 16.2% 15.7% 14.7% 15.0% Non-Cash RSUs Charge - 73 - - 299 Adjusted EBITDA 643 801 2,645 2,452 2,910 (Excluding RSUs charge) Growth % 24.6% 18.7% Adjusted
Slide 9: Operations Metrics
Operations Metrics Revenue by Geography* (%) Client Concentration* (%) 80.0% 25.0% 70.0% 23.7% 22.7% 74.0% 74.2% 20.0% 60.0% 50.0% 15.0% 16.9% 40.0% 15.1% 10.0% 12.7% 30.0% 10.9% 20.0% 5.0% 6.6% 5.6% 10.0% 12.8% 13.3% 3.2% 3.5% 10.1% 8.9% 0.0% 0.0% North America Europe SEAC ROW Top Client Top 3 Clie
Slide 10: Building for the future
Building for the future Go to Market Delivery Priorities • GCC offering and playbook for mid size enterprises – • With Optima AI – increasing Gen AI adoption to build and scale in partnership with R Systems across the engineering and managed services engagements • Joint GTM with some of our key clie
Slide 11: Key Wins Q4 2024
Key Wins Q4 2024 A leading ESG data management platform has engaged R Systems to enhance their existing platform by providing expertise in full-stack development, data engineering, and digital operations to drive innovation and streamline ESG compliance. One of the leading financial services com
Slide 12: Summing Up And Looking Ahead
Summing Up And Looking Ahead Deal activity has picked up with sizeable deal RFP’s out in Q4 2024 Focused partnerships with customers and elevated partnership status with hyperscalers is beginning to influence both stickiness in existing business and ability to win new deals Trends shaping 2025 • Age
Slide 13: Annexure
Annexure
Slide 14: Analyst Coverage & Recognition
Analyst Coverage & Recognition Major Contender in Everest Major Contender in Everest Major Contender in Everest Group’s Software Product Group’s ISV and Internet-specific Group’s Healthcare Provider Digital Engineering Services PEAK SPES PEAK Matrix® Assessment Services PEAK Matrix® Matrix® Assessme
Slide 15: Financial Performance - Contribution Analysis – Q4 2024
Financial Performance - Contribution Analysis – Q4 2024 Q4 2024 Q3 2024 Q4 2023 Particulars ₹ in M US$ in M ₹ in M US$ in M ₹ in M US$ in M Revenues 4,489.55 53.17 4,440.87 53.03 4,163.20 50.00 Cost of revenues 2,786.29 32.99 2,828.32 33.77 2,749.39 33.03 Gross margin 1,703.26 20.18 1,612.55 19.26 1
Slide 16: Financial Performance - Contribution Analysis – FY 2024
Financial Performance - Contribution Analysis – FY 2024 2024 2023@ Particulars ₹ in M US$ in M ₹ in M US$ in M Revenues 17,417.27 208.17 16,845.18 204.01 Cost of revenues 11,162.67 133.42 10,904.40 132.06 Gross margin 6,254.60 74.75 5,940.78 71.95 % of Revenue 35.91% 35.27% SG&A Expenses 3,344.21 39
Slide 17: Thank You
THANK
R Systems International — Q4 2024 Earnings Presentation on 6ix