R Systems International Q2 2026: Revenue surges 30.2% to ₹601.7 Crore, EBITDA up 51.4%
R Systems International reported a strong Q2 FY26 with revenue up 30.2% year-on-year to ₹601.7 crore. Adjusted EBITDA surged 51.4% to ₹120.7 crore, and net profit increased by 35.4% to ₹62.9 crore. H1 FY26 revenue grew 30.1% to ₹1,176.5 crore, with EBITDA up 51% to ₹236.4 crore. The company highlighted significant wins in AI and data analytics.
The substantial double-digit growth in revenue and profits, coupled with significant increases in EBITDA margins and strategic deal wins, are material positive developments for the company.
The company reported strong year-on-year growth in revenue, EBITDA, and net profit, along with several strategic client wins, indicating positive business performance and future outlook.
R Systems International Limited announced strong financial results for the quarter and six months ended June 30, 2026. The company's revenue for the quarter reached ₹601.7 crore ($63.6 million), marking a significant 30.2% year-on-year growth in rupee terms and a 17.7% increase in dollar terms. This performance was driven by volume growth, rupee depreciation, and the Novigo acquisition.
Adjusted EBITDA for the quarter stood at ₹120.7 crore ($12.8 million), representing a 20.1% EBITDA margin and a substantial 51.4% year-over-year increase. Adjusted net profit was ₹62.9 crore ($6.6 million), a 35.4% rise year-on-year, with adjusted EPS at ₹5.3, up 35.3% year-on-year. The company noted that the increase in EBITDA was also influenced by rupee depreciation and a favorable revenue mix shift towards AI-related services.
For the first half of fiscal year 2026 (H1'26), revenue grew by 30.1% year-on-year to ₹1,176.5 crore ($126.4 million). Adjusted EBITDA for H1'26 increased by 51% year-on-year to ₹236.4 crore ($25.4 million), with an EBITDA margin of 20.1%. Adjusted net profit for H1'26 rose by 54.4% to ₹138.7 crore ($14.9 million), and EPS increased by 54.3% to ₹11.7.
The company highlighted several key wins, including projects leveraging advanced analytics, data science, AI-powered lending innovation, AI-powered offerings for high-net-worth clients, retail transformation for financial services, and modernization of core platforms for an ad tech company. These wins underscore the company's AI-first strategy and its capability in AI-led solutions.
Operating metrics showed a slight uptick in revenue from the Americas to 71.5% of total revenues, while client concentration remained stable. Utilization percentage improved to 80.5%-81%. The company also reported that its Data, AI, and Cloud services now constitute over 50% of its revenue.
During the earnings call, management discussed increased SG&A expenses primarily due to investments in sales and marketing and the launch of their AI studio, EXIQO. They expressed confidence in continued momentum and growth, driven by their strategic focus on AI and digital transformation, although they do not provide specific forward-looking guidance. The company has also implemented a biannual wage hike in this quarter.
What to do with a filing like this
R Systems International Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by R Systems International Limited. Read the original for the full detail.