Ramco Systems promotes Raghuveer Bilagi to CEO
The internal elevation of the President & COO who built the company's Australia and New Zealand business signals continuity and a growth focus.
— 2 earlier stories on Ramco Systems Ltd. →What's new
- Raghuveer Sandesh Bilagi named CEO effective immediately.
- He was President & COO and founded the Australia/New Zealand business.
- The appointment was not pre-announced; it is a high-impact leadership change.
Why this matters
A CEO change at a small-cap IT firm is material. Bilagi's deep experience and role in building a key geography suggest a growth-oriented strategy. The move reinforces continuity after a strong FY26 with 24% EBITDA margin and ₹251.71 cr net profit.
What we're watching
- First strategic announcements under Bilagi's leadership.
- Any changes to the management structure or key regional heads.
- Near-term investor calls or guidance updates.
The full read
Ramco Systems has elevated Raghuveer Sandesh Bilagi from President & COO to Chief Executive Officer, effective immediately. The board acted on the recommendation of the Nomination and Remuneration Committee. Bilagi, a two-decade enterprise technology veteran, founded the company's Australia and New Zealand business — a unit that has been a strong growth driver. The appointment was not telegraphed in any prior disclosure, making it a genuine surprise. For a small-cap IT firm with a market cap of ₹2,668 cr, a CEO change is inherently material. Bilagi's insider status signals continuity, but his track record in building a regional business from scratch points to a continued emphasis on geographic expansion. The move lands after a strong FY26: revenue grew 19.4%, net profit hit ₹251.71 cr, and Q4 EBITDA margins widened to 24% from 14% a year earlier. Investors now await the new CEO's strategic priorities and any management changes.
Questions answered
- Who is Raghuveer Sandesh Bilagi?
- He is a veteran of over two decades in enterprise technology. Before becoming CEO, he served as President and COO and founded Ramco's Australia and New Zealand business.
- Was this CEO change expected?
- Not publicly. The filing states the appointment is effective immediately and was not pre-announced in recent disclosures, which covered financial results and business wins.
- What does this mean for Ramco's strategy?
- The internal promotion and Bilagi's track record in growing a major geography suggest continuity with a focus on international expansion and operational improvement.
- How did Ramco Systems perform in FY26?
- The company reported consolidated net profit of ₹251.71 cr on revenue growth of 19.4%. Q4 EBITDA margin improved to 24% from 14% a year ago.
- What is the company's market cap?
- As per verified data, Ramco Systems has a market capitalization of ₹2,668 cr.
Ramco Systems Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on RAMCOSYS →- 2 Jul 2026 · 7:34 PM IST Ramco Systems promotes Raghuveer Bilagi to CEO
- 43d ago Ramco Systems posts Q4 revenue of $80.7m, EBITDA margin hits 24%
- 43d ago Ramco Systems' consolidated profit jumps to ₹251.71 cr on 19.5% revenue growth