Ramco Systems Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 37.13 Cr
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 65.50 Cr
- Satisfied Charges ₹ 200.11 Cr
- Revenue Growth -12.47%
- Profit Growth -126.14%
- Ebitda -959.16%
- Net Worth 3.80%
- Total Assets 10.06%
About Ramco Systems
Ramco Systems Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 February 1997 and has a history of 27 years and 11 months. Its registered office is in Virudhunagar, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532370 and on the National Stock Exchange(NSE) under RAMCOSYS.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 37.13 Cr.
The company currently has active open charges totaling ₹65.50 Cr. The company has closed loans amounting to ₹200.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ramco Systems Limited India are Shri Chandran as Cfo, Nemam Vijayaraghavan as Company Secretary, and Subramanian Sundaresan as Ceo. Aravind Srinivasan, Poosapadi Raja, Arrakundal Dharmakrishnan, and Five other members serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Ramco Systems Limited offer?
Ramco Systems Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Data Entry & Data Processing Service, Data Conversion Services, Turnkey Consultants & Solutions, Project Management.
Who are the key members and board of directors at Ramco Systems?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shri Chandran  | CFO | 01-Apr-2014 | Current |
| Nemam Vijayaraghavan | Company Secretary | 14-Feb-2020 | Current |
| Subramanian Sundaresan | CEO | 03-Jul-2023 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sankar Krishnan | Director | 11-May-2018 | Current |
| Aravind Srinivasan | Director | 28-Feb-2024 | Current |
| Poosapadi Raja | Director | 19-Feb-1997 | Current |
| Arrakundal Dharmakrishnan | Director | 31-Jan-2008 | Current |
| Soundara Kumar | Director | 27-Mar-2015 | Current |
| Posapadi Raja | Director | 29-Aug-2018 | Current |
Financial Performance of Ramco Systems.
Ramco Systems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.47% decrease. The company also saw a substantial fall in profitability, with a 126.14% decrease in profit. The company's net worth moved up by a moderate rise of 3.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ramco Systems?
In 2023, Ramco Systems had a promoter holding of 9.52% and a public holding of 90.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Keshava Prabha Microfin Private LimitedSankar Krishnan is a mutual person
Vindhya Telelinks LimitedAravind Srinivasan is a mutual person
Shanthi Gears LimitedSoundara Kumar is a mutual person
Shri Harini Media LimitedArrakundal Dharmakrishnan and Sankar Krishnan are mutual person
Charges (Loans)
₹65.50 Cr
₹200.11 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 35.50 Cr
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Sep 2023 | Others | ₹30.00 Cr | Open |
| 12 Feb 2010 | Axis Bank Limited | ₹35.50 Cr | Open |
| 28 May 2014 | Kotak Mahindra Prime Limited | ₹0.44 M | Satisfied |
| 26 May 2014 | Kotak Mahindra Prime Limited | ₹0.68 M | Satisfied |
| 24 Feb 2010 | Idbi Bank Limited | ₹15.00 Cr | Satisfied |
How Many Employees Work at Ramco Systems?
Ramco Systems has a workforce of 1720 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ramco Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ramco Systems's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
