R Systems International: Revenue rose 23.4% YoY to ₹6,152 million in Q3FY27, operating margin expanded (NSE: RSYSTEMS)
R Systems International (NSE: RSYSTEMS, BSE: 532735) reported consolidated revenue of ₹6,152.00 million for the quarter ended September 2026, up 23.4% year-on-year, according to its November 3, 2026 BSE filing. The company’s operating margin expanded to 15.45%, while standalone PAT fell 29.6% YoY.
R Systems International (NSE: RSYSTEMS, BSE: 532735) reported consolidated revenue of ₹6,152.00 million for the quarter ended September 2026, up 23.4% year-on-year, according to its November 3, 2026 BSE filing. The company’s operating margin expanded to 15.45%, while standalone PAT fell 29.6% YoY.
The filing is the latest in a series of quarterly results showing revenue acceleration and margin expansion at the IT services firm. A parallel filing on the same date put consolidated EBITDA margin at 19.70%, with PAT rising 81.6% — the company attributing the trajectory to “AI-led growth and margin recovery.”
Revenue growth has accelerated across three consecutive quarters
The Q3FY27 revenue figure of ₹6,152.00 million (November 3, 2026 results filing) sits atop a building trend. In Q2FY27, consolidated revenue reached ₹6,017.01 million — a 30.2% YoY increase — and EBITDA margin expanded to 19.03%, per the August 4, 2026 results filing.
Q1FY27 had already shown the shift: consolidated revenue of ₹6,017.01 million, up 30.2% YoY and 4.7% sequentially, with operating margin at 14.73% compared to 11.77% a year earlier (August 4, 2026 filing). An August 6, 2026 filing framed the Q1 picture as “strong top-line acceleration but limited profit conversion despite EBITDA margin expansion to 19.8%.”
Revenue reported in ₹ crore across filings has moved from ₹1,176.47 Cr in Q1FY27 (August 4, 2026) through Q2 at a similar level to the latest Q3 figure — the Q3 results filing provides the quarter-specific breakdown at ₹6,152.00 million.
PAT comparisons are distorted by a prior-year land sale gain
Reported PAT in the recent quarters carries a base-effect complication. Q1FY27 PAT of ₹555.70 million was down 26.7% YoY, but the August 4, 2026 filing notes the prior-year quarter included a ₹435.95 million gain from an asset sale. The same pattern appeared in Q2FY27: PAT fell 26.7% because the comparable quarter included a land-sale gain, per the August 4, 2026 filing. By Q3FY27, the November 3 filing reports an 81.6% PAT increase, with the one-time gain no longer distorting the comparison.
A reconstituted board entered in June 2026
On June 25, 2026, R Systems announced the completion of tenure for three independent directors — Ruchica Gupta, Kapil Dhameja, Aditya Wadhwa — and the resignation of non-executive director Mukesh Mehta, all effective June 28, 2026. The board appointed Shailesh Kekre, Sangeeta Singh, and Srikanth Balachandran as additional independent directors and Pranav Damani as additional non-executive director, effective June 29, 2026, with Shailesh Kekre named Chairperson. Board committees were reconstituted (June 25, 2026 governance filing).
What the filings say to watch next
The company declared a second interim dividend of ₹8 per equity share for FY2026 on September 25, 2026, with record date October 1, 2026 and payment by October 24, 2026. A CRISIL ESG rating of “CRISIL ESG 58” was assigned on an unsolicited basis in July 2026, based on FY2025 disclosures. The August 11, 2026 concall filing noted the company crossed quarterly revenue of ₹600 Cr with “record adjusted EBITDA of ₹120.7 Cr (20.1% margin), led by AI-first deal wins and improving revenue per employee.” The next quarter’s results represent the stated disclosure cycle to watch for continuation of the revenue and margin trajectory the filings describe.
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The filing evidence
| Date | What the filing said | Detail | Source |
|---|---|---|---|
| 4 Aug 2026 | Q2FY27 revenue rose to ₹6017.01 million, +30.2% YoY, while EBITDA margin expanded to 19.03%; the growth trajectory is accelerating through AI-led engineering demand, although reported PAT fell 26.7% because the prior-year quarter included a land-sale gain. | filing | |
| 4 Aug 2026 | Q1FY27 consolidated revenue rose to ₹6017.01 million, +30.2% YoY and +4.7% QoQ, while operating margin expanded to 14.73% from 11.77% YoY; PAT fell 26.7% YoY to ₹555.70 million because the prior-year quarter included a ₹435.95 million asset-sale gain. | filing | |
| 4 Aug 2026 | Q1FY27 consolidated revenue jumps 30.1% YoY to ₹1,176.47 Cr, PAT at ₹120.98 Cr (+5.7% YoY) but EPS growth lags; margin expands 400bps YoY but QoQ compresses from Q4FY26 peak, with a large one-time Noida land sale gain in the year-ago base distorting comparatives. | filing | |
| 6 Aug 2026 | Q1FY27 consolidated revenue rose to ₹1176.47 crore, +30.1% YoY, while PAT reached ₹120.98 crore, +5.7% YoY; the key trajectory is strong top-line acceleration but limited profit conversion despite EBITDA margin expansion to 19.8%. | filing | |
| 3 Nov 2026 | Consolidated revenue rose 23.4% YoY to ₹6,152.00 million and operating margin expanded to 15.45%, with IT services driving the group while standalone PAT fell 29.6% YoY. | filing | |
| 3 Nov 2026 | Q3 revenue rose 23.4% YoY to Rs. 6,152 mn and reported EBITDA margin expanded to 19.70%, with AI-led growth and margin recovery driving an 81.6% PAT increase. | filing | |
| 25 Jun 2026 | R Systems International Ltd announces board reconstitution with appointment of three new independent directors and a non-executive director, and completion of tenure of three independent directors effective June 28-29, 2026. | The board of R Systems noted the completion of tenure of three independent directors (Ruchica Gupta, Kapil Dhameja, Aditya Wadhwa) and resignation of non-executive director Mukesh Mehta, all effective June 28, 2026. It appointed Shailesh Kekre, Sangeeta Singh, and Srikanth Balachandran as additional independent directors and Pranav Damani as additional non-executive director effective June 29, 2026. Shailesh Kekre was appointed as Chairperson. Board committees were reconstituted. | filing |
| 25 Jun 2026 | R Systems International announces board reshuffle: three independent directors complete tenure, one non-executive director resigns, and four new directors appointed including a Blackstone executive. | Board approved completion of tenure of three independent directors (Ruchica Gupta, Kapil Dhameja, Aditya Wadhwa) effective June 28, 2026; resignation of non-executive director Mukesh Mehta effective same date; appointment of Shailesh Kekre, Sangeeta Singh, Srikanth Balachandran as additional independent directors and Pranav Damani as additional non-executive director effective June 29, 2026; Shailesh Kekre appointed as Chairperson; board committees reconstituted. | filing |
| 14 Jul 2026 | R Systems International receives unsolicited ESG rating of 'CRISIL ESG 58' from CRISIL ESG. | CRISIL ESG Ratings & Analytics Limited has assigned an unsolicited ESG rating of 'CRISIL ESG 58' to R Systems International based on the company's disclosures for FY2025 and publicly available data. The company did not engage CRISIL for this rating. | filing |
| 11 Aug 2026 | R Systems crosses ₹600 Cr quarterly revenue mark with record adjusted EBITDA of ₹120.7 Cr (20.1% margin), led by AI-first deal wins and improving revenue per employee. | filing | |
| 25 Sept 2026 | R Systems declares ₹8 per share second interim dividend for FY2026 and appoints Gurprit Singh as Company Secretary & Compliance Officer. | The board declared a second interim dividend of ₹8 per equity share (800% of face value Re 1) for FY2026, with record date October 1, 2026 and payment on or before October 24, 2026. It also appointed Gurprit Singh as Company Secretary & Compliance Officer effective September 25, 2026 and authorised him for material disclosure determinations. | filing |
| 26 Sept 2026 | R Systems issues detailed TDS procedural communication for second interim dividend of ₹8 per share | R Systems International Limited sent a formal communication to shareholders explaining the tax deduction at source (TDS) provisions under the Income Tax Act, 2025 for the recently declared second interim dividend of ₹8 per equity share, setting a record date of October 1, 2026, and payment by October 24, 2026, along with detailed documentation requirements for resident and non-resident shareholders. | filing |
Quick answers
- What did R Systems Intl. disclose?
- R Systems International (NSE: RSYSTEMS, BSE: 532735) reported consolidated revenue of ₹6,152.00 million for the quarter ended September 2026, up 23.4% year-on-year, according to its November 3, 2026 BSE filing. The company’s operating margin expanded to 15.45%, while standalone PAT fell 29.6% YoY.
- What are the key numbers?
- The Q3FY27 revenue figure of ₹6,152.00 million (November 3, 2026 results filing) sits atop a building trend. In Q2FY27, consolidated revenue reached ₹6,017.01 million — a 30.2% YoY increase — and EBITDA margin expanded to 19.03%, per the August 4, 2026 results filing.
- What does R Systems Intl. say comes next?
- The company declared a second interim dividend of ₹8 per equity share for FY2026 on September 25, 2026, with record date October 1, 2026 and payment by October 24, 2026. A CRISIL ESG rating of “CRISIL ESG 58” was assigned on an unsolicited basis in July 2026, based on FY2025 disclosures.
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