R SYSTEM INTL has announced its results for the year ended December 2022. Let us have a look at the detailed performance review of the company during FY21-22.
No. of Mths Year Ending | 12 Dec-21* | 12 Dec-22* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 11,556 | 15,158 | 31.2% |
Other income | Rs m | 419 | 103 | -75.4% |
Total Revenues | Rs m | 11,975 | 15,261 | 27.4% |
Gross profit | Rs m | 1,608 | 1,997 | 24.2% |
Depreciation | Rs m | 277 | 350 | 26.3% |
Interest | Rs m | 49 | 49 | -0.3% |
Profit before tax | Rs m | 1,701 | 1,702 | 0.0% |
Tax | Rs m | 286 | 305 | 6.4% |
Profit after tax | Rs m | 1,414 | 1,397 | -1.2% |
Gross profit margin | % | 13.9 | 13.2 | |
Effective tax rate | % | 16.8 | 17.9 | |
Net profit margin | % | 12.2 | 9.2 |
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No. of Mths Year Ending | 12 Dec-21* | 12 Dec-22* | % Change | |
---|---|---|---|---|
Networth | Rs m | 4,603 | 5,455 | 18.5 |
Current Liabilities | Rs m | 1,636 | 1,980 | 21.0 |
Long-term Debt | Rs m | 6 | 13 | 104.8 |
Total Liabilities | Rs m | 6,749 | 8,111 | 20.2 |
Current assets | Rs m | 5,358 | 6,301 | 17.6 |
Fixed Assets | Rs m | 1,392 | 1,809 | 30.0 |
Total Assets | Rs m | 6,749 | 8,111 | 20.2 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Dec-21 | Dec-22 | ||
Cash Flow from Operating Activities | Rs m | 873 | 964 | 10.4% |
Cash Flow from Investing Activities | Rs m | 212 | -214 | - |
Cash Flow from Financing Activities | Rs m | -1,159 | -864 | - |
Net Cash Flow | Rs m | -92 | 19 | - |
No. of Mths Year Ending | 12 Dec-21* | 12 Dec-22* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 97.7 | 128.1 |
TTM Earnings per share | Rs | 12.0 | 11.8 |
Diluted earnings per share | Rs | 12.0 | 11.8 |
Price to Cash Flow | x | 22.7 | 18.3 |
TTM P/E ratio | x | 27.1 | 21.5 |
Price / Book Value ratio | x | 5.9 | 5.9 |
Market Cap | Rs m | 27,281 | 31,915 |
Dividends per share (Unadj.) | Rs | 5.7 | 6.5 |
Current Ratio: The company's current ratio deteriorated and stood at 3.2x during CY22, from 3.3x during CY21. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 35.7x during CY22, from 35.6x during CY21. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 25.6% during CY22, from 30.7% during CY22. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 32.0% during CY22, from 38.0% during CY21. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 17.8% during CY22, from 21.7% during CY21. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Dec-21* | 12 Dec-22* | |
---|---|---|---|
Current ratio | x | 3.3 | 3.2 |
Debtors’ Days | Days | 56 | 62 |
Interest coverage | x | 35.6 | 35.7 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 21.7 | 17.8 |
Return on equity | % | 30.7 | 25.6 |
Return on capital employed | % | 38.0 | 32.0 |
To see how R SYSTEM INTL has performed over the last 5 years, please visit here.
Over the last one year, R SYSTEM INTL share price has moved up from Rs 113.9 to Rs 253.3, registering a gain of Rs 139.4 or around 122.4%.
Meanwhile, the S&P BSE IT Index is trading at Rs 36,402.7 (down 0.3%). Over the last one year it has moved up from 26,543.2 to 36,402.7, a gain of 9,860 points (up 37.1%).
Overall, the S&P BSE SENSEX is up 16.8% over the year.
(To know more, check out historical annual results for R SYSTEM INTL and quarterly results for R SYSTEM INTL)
R SYSTEM INTL currently trades at Rs 461.2 per share. You can check out the latest share price performance of R SYSTEM INTL here...
The revenues of R SYSTEM INTL stood at Rs 15,261 m in CY22, which was up 27.4% compared to Rs 11,975 m reported in CY21.
R SYSTEM INTL's revenue has grown from Rs 7,191 m in CY18 to Rs 15,261 m in CY22.
Over the past 5 years, the revenue of R SYSTEM INTL has grown at a CAGR of 20.7%.
The net profit of R SYSTEM INTL stood at Rs 1,397 m in CY22, which was down -1.2% compared to Rs 1,414 m reported in CY21.
This compares to a net profit of Rs 818 m in CY20 and a net profit of Rs 581 m in CY19.
Over the past 5 years, R SYSTEM INTL net profit has grown at a CAGR of 28.6%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of R SYSTEM INTL reveals:
Here's the cash flow statement of R SYSTEM INTL for the past 5 years.
(Rs m) | CY18 | CY19 | CY20 | CY21 | CY22 |
---|---|---|---|---|---|
From Operations | 311 | 643 | 1,254 | 873 | 964 |
From Investments | -350 | 61 | -383 | 212 | -214 |
From Financial Activity | -88 | -460 | 97 | -1,159 | -864 |
Net Cashflow | -88 | 262 | 1,027 | -92 | 19 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of R SYSTEM INTL reveals:
Here's the ratio/financial analysis of R SYSTEM INTL for the past 5 years.
CY18 | CY19 | CY20 | CY21 | CY22 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 8.2 | 9.0 | 13.0 | 13.9 | 13.2 |
Net Profit Margin (%) | 7.3 | 7.2 | 9.3 | 12.2 | 9.2 |
Debt to Equity Ratio (x) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
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