BSECompany Update11h ago · 23 Oct 2026, 07:34 pm
Press Release titled "Ramco Systems posts Q2 revenue of USD 19.20m, up 4% QoQ"
Ramco Systems Ltd · 532370
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Ramco Systems Ltd has announced its Q2 results for FY 26-27, with revenue of USD 19.20m, up 4% QoQ, and EBITDA of USD 2.87m.
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Earnings Impact7/10
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Governance Concern1/10
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Market Sentiment8/10
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Ramco Systems Ltd - 532370 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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October 23, 2026
National Stock Exchange of India Ltd., BSE Ltd.,
Exchange Plaza, 5th Floor Corporate Relationship Department
Plot No:C/1, G Block Phiroze Jeejheebhoy Towers
Bandra Kurla Complex, Bandra (E) Dalal Street, Mumbai – 400 001
Mumbai – 400 051 Scrip: 532370
Scrip: RAMCOSYS
Sub: Press Release
Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Please find enclosed the press release, titled “Ramco Systems posts Q2 revenue of USD 19.20m,
up 4% QoQ” which is being released to the press from our end. The fact sheet as on September 30,
2026 is also enclosed.
The aforesaid intimation is also being hosted on the website of the Company www.ramco.com.
Kindly take on record the same.
Thanking you,
For RAMCO SYSTEMS LIMITED
MITHUN V
COMPANY SECRETARY& COMPLIANCE OFFICER
Encl: Press Release
Ramco Systems Limited
Corporate Office: 64, Sardar Patel Road, Taramani, Chennai 600 113, Tamilnadu, India.
Tel: +91 44 2235 4510 / 6653 4000, Fax: +91 44 2235 5704│CIN : L72300TN1997PLC037550
Global Offices: India│Singapore│ Malaysia│Indonesia│HongKong│China│Vietnam│Macau│Japan│Philippines│Australia│
New Zealand│UAE│Saudi Arabia│USA│Canada│United Kingdom│Germany│Switzerland│Spain│Sudan│South Africa
www.ramco.com
Registered Office: 47, P.S.K. Nagar, Rajapalayam 626 108, Tamilnadu, India.
PRESS RELEASE
RAMCO Q2 RESULTS: FY 26 – 27
Ramco Systems posts Q2 revenue of USD 19.20m, up 4% QoQ
Maintains EBITDA at USD 2.87m
Chennai, INDIA – October 23, 2026 – Ramco Systems (BSE – 532370, NSE – RAMCOSYS), a global
enterprise software company offering next-generation SaaS-enabled platform and products, today announced
the results for the second quarter of the financial year 2026-27.
For the quarter ended September 30, 2026 (Q2: 2026-27), the global consolidated income of Ramco Systems
Limited stood at USD 19.35m (Rs. 183.29cr). The net profit after tax for the quarter stood at USD 0.03m (Rs.
0.24cr).
Results at a Glance:
Financial Highlights:
• Recurring revenue stood at USD 12.09m
• EBITDA for the quarter stood at USD 2.87m
• Unexecuted Order Book increased to USD 161m, reflecting good order closures in Q2
• Cash Balance stood at USD 13.65m
Business Highlights:
• Won new customers across the Middle East, Europe and Southeast Asia, including:
o Royal Jordanian Airlines, the National carrier of the Hashemite Kingdom of Jordan, selected
Ramco Aviation Software to support its next phase of growth
o CFS Aero, a leading UK-based aerospace engineering company, chose Ramco to streamline
its Engine and Auxiliary Power Unit (APU) MRO operations
o A global drilling solutions company selected Ramco Payce to transform its payroll operations
across four Middle Eastern countries
o A leading Middle Eastern shipping company entrusted Ramco with streamlining payroll for its
workforce
o A Southeast Asian coal mining company partnered with Ramco to automate and simplify its
payroll processes
• Delivered go-lives across Payroll and Aviation, including:
o Aurecon, an Asia Pacific engineering consultancy, now runs payroll across seven Asian
countries as a single managed service on Ramco Payce, integrated with Workday
o Cromwell Property Group, a real estate investment platform, has moved its Australian payroll
onto Ramco’s platform
o Ornge, Ontario’s air ambulance and critical care transport provider, has moved maintenance
execution operations for its AW-139 and PC-12 fleets to a paperless, mobile workflow with
Ramco’s Digital Task Card and Mechanic Anywhere app
o A Southeast Asian line maintenance services provider is now running its operations on Ramco
Aviation Software
• Signed a Memorandum of Understanding (MoU) with Safran Helicopter Engines SAS, to collaborate on
enabling seamless integration of Safran’s engine data with Ramco Aviation Software.
• Recognized as a Best Tech Brand 2026 by ET Edge - The Times Group
Abinav Raja, Managing Director, Ramco Systems, said, “As we continue our transformation, our focus remains
on strengthening execution discipline, improving organizational effectiveness, and building greater engineering
talent density. We are sharpening our product development processes and accelerating the transition of our
portfolio to fully AI-native solutions, enabling sustainable long-term growth.”
C opyright 2026, Ramco Systems Limited. Information subject to change. All rights acknowledged. Page 1 of 2
PRESS RELEASE
RAMCO Q2 RESULTS: FY 26 – 27
Sandesh Bilagi, CEO, Ramco Systems, said, “Order booking this quarter was the highest in eight quarters.
That is the clearest signal yet that our two priorities are working: making Ramco an AI-native company and scaling
the business. Our AI-native products are generating strong interest among customers and prospects and that
engagement is building a healthy pipeline. Sharper go-to-market execution is converting more of it into wins. We
will continue to invest in AI talent, product and sales over the next two quarters, and we expect this momentum
to flow progressively into revenue.”
About Ramco Systems:
Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant
cloud and mobile-based enterprise software, successfully driving innovation for over 25 years. Over the years, Ramco has
maintained a consistent track record of serving 800+ customers globally with two million+ users and delivering tangible
business value in Global Payroll, Aviation, Aerospace & Defense, and ERP. Ramco’s key differentiator is its innovative product
development approach through its revolutionary enterprise application assembly and delivery platform. On the innovation
front, Ramco is leveraging cutting-edge technologies around Artificial Intelligence, Machine Learning, RPA, and Blockchain,
amongst others, to help organizations embrace digital transformation.
For more information, please visit https://www.ramco.com/
Follow Ramco on LinkedIn and stay tuned to https://www.ramco.com/blog
For further information, please contact: Ramco Systems Limited
Hemanthkumar Kumaresan 64, Sardar Patel Road,
+91 – 8056277842 Taramani, Chennai – 600 113
hemanthkumar.kumaresan@ramco.com CIN - L72300TN1997PLC037550
Safe Harbor
Certain statements in this release concerning our future growth prospects are forward looking statements which involve a number of risks
and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties
relating to these statements include, but are not limited to risks and uncertainties regarding fluctuations in earnings, our ability to manage
growth, intense competition in IT business including those factors which may affect our cost advantage, wage increases in India, our ability
to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas,
disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on
our service contracts, withdrawal of governmental fiscal incentives, political instability, and unauthorized use of our intellectual property and
general economic conditions affecting our industry. Ramco Systems may, from time to time, make additional written and oral forward-looking
statements, including statements contained in our reports to shareholders. The company does not undertake to update any forward-looking
statement that may be made from time to time by or on behalf of the company.—
C opyright 2026, Ramco Systems Limited. Information subject to change. All rights acknowledged. Page 2 of 2
FACT SHEET AS ON 30TH SEPTEMBER 2026
CONSOLIDATED INFORMATION
Figures in USD Million, except where stated otherwise
Particulars Quarter Ended Half Year Ended Year Ended
Sep-26 Jun-26 Mar-26 Dec-2
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