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Earnings · IT - Software · Small cap

Ramco Systems posts Q4 revenue of $80.7m, EBITDA margin hits 24%

Full-year profit arrives at $4.77m as margins jump ten percentage points from a year ago.

2 earlier stories on Ramco Systems Ltd.
Mkt cap₹2,668 cr
P/E63.76×
ROE0.00%
Debt / eq.0.00
24% EBITDA margin for Q4, up from 14% a year earlier.

What's new

  • Ramco Systems reported consolidated Q4 revenue of USD 80.73m (₹708.2cr), up 13% YoY.
  • EBITDA margin improved sharply to 24% from 14% in the same quarter last year.
  • Full-year net profit stood at USD 4.77m.

Why this matters

The margin leap from 14% to 24% is the real story. It signals either a step-change in pricing, a mix shift toward higher-margin software deals, or a hard cut in operating costs. Revenue growth of 13% is solid, but the profitability jump is what will recalibrate models.

What we're watching

  • Management commentary on whether the margin lift is structural or driven by one-off items.
  • The revenue growth trajectory in the next two quarters to confirm the 13% pace.
  • Any updated guidance for FY27 given the stronger exit rate.

The full read

Ramco Systems delivered a quarter where profitability stole the show. Q4 revenue of USD 80.73 million (₹708.2 crore) grew 13% year-on-year. The headline, however, is EBITDA margin expanding to 24% from 14% a year ago. That ten-percentage-point leap is significant, even on a quarter that already carried the company's full-year net profit of USD 4.77 million. The filing itself is routine—a standard audited results release. But the margin trajectory is not. It changes the profitability baseline for FY27. The open question is whether this expansion holds, or if it reflects timing benefits that will normalize in coming quarters.

Questions answered

How much did Ramco Systems' revenue grow in Q4?
Consolidated revenue for the quarter was USD 80.73 million (₹708.2 crore), a 13% increase from the same period last year.
What happened to the company's profitability?
EBITDA margin jumped to 24% from 14% a year ago, a ten-percentage-point expansion. The company also reported a full-year net profit of USD 4.77 million.
Are these results surprising?
No. The filing is a standard quarterly disclosure, and the performance is in line with market expectations following earlier board and trading updates.
What is the significance of the margin improvement?
A ten-point jump in EBITDA margin is substantial. It suggests a meaningful improvement in operational efficiency or a favorable shift in the revenue mix during the quarter.
Mentioned: Ramco Systems · USD 80.73m Q4 revenue · 24% EBITDA margin
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Ramco Systems Ltd.

Software Services
₹1,739 cr
P/E 41.57×

Latest quarter · Mar 2026

Sales₹185 cr
Net profit₹25 cr
Op. margin+24.3%
EPS₹6.68

Strength & growth

Debt / equity0.00×
Current ratio0.82×
Sales CAGR+4.7%
EPS CAGR+2.8%
  1. 21 May 2026 · 8:57 PM IST Ramco Systems posts Q4 revenue of $80.7m, EBITDA margin hits 24%
  2. 1d ago Ramco Systems promotes Raghuveer Bilagi to CEO
  3. 43d ago Ramco Systems' consolidated profit jumps to ₹251.71 cr on 19.5% revenue growth