R Systems International Limited — Updates, 13-02-2025: Press Release

**Financial Highlights:** R Systems reported a revenue of Rs. 17,417 mn for the year ended December 31, 2024, reflecting a 3.4% YoY growth, or 4.6% YoY excluding a one-time fee. Adjusted EBITDA reached Rs. 2,910 mn (16.7% margin), showcasing a 10.0% YoY increase and a notable 18.7% growth when excluding the one-time fee. Net profit after tax stood at Rs. 1,312 mn.

**Strategic Initiatives and Growth Drivers:** The company has successfully diversified its revenue streams and adapted to emerging technologies, maintaining strong relationships with key clients and partnerships with hyperscalers.

**Business Developments:** R Systems secured five significant key wins in the quarter, including contracts with a leading ESG data platform and a U.S.-based financial services firm, indicating robust demand for its digital transformation solutions.

**Market Position and Competitive Advantage:** Positioned strongly in the digital engineering space, R Systems leverages its technical capabilities and strategic partnerships to enhance innovation and operational efficiency for its clients.

**Investor Implications:** The company's sustained financial health and strategic initiatives lead to a positive outlook. With a strong cash position of Rs. 196 cr and continued emphasis on profitable growth, investors should consider monitoring this firm for potential growth opportunities.