Ramco Systems Posts Steady Q3 FY26 Performance

30 Jan 2026 CW Team

During the quarter, Ramco recorded order bookings of USD 10.62 million, while recurring revenue remained stable at USD 11.29 million. The unexecuted order book stood at USD 149.74 million, providing visibility for future revenue execution. Cash balance as of December 31, 2025 was maintained at USD 11.77 million.

On the business front, the company added several marquee customers across payroll, aviation and logistics solutions. These included new payroll standardisation projects across the Middle East, Australia, India, the Philippines and Southeast Asia, as well as aviation software deployments for defence, MRO and charter service providers. A global logistics company also went live with Ramco’s logistics solution across multiple Asia-Pacific markets. Ramco Payce was certified as a Workday Global Payroll Connect partner and received multiple honours at the HR Vendors of the Year 2025 Awards.

Commenting on the performance, Abinav Raja, Managing Director, Ramco Systems, said the company’s focus on modernisation, talent expansion and AI-led capabilities is expected to enhance product quality and customer value as it scales.

Sandesh Bilagi, President and COO, Ramco Systems, noted that steady revenue performance, consistent project delivery and improved customer engagement have strengthened operational momentum, with emphasis now shifting towards faster order closures in the coming quarters.

Ramco Systems Limited, a global enterprise software company, recently announced its financial results for the third quarter of FY26 ended December 31, 2025. The company reported global consolidated income of USD 20.35 million (Rs 1,800.2 million), with EBITDA at USD 5.24 million (Rs 464.3 million), translating into a margin of 26 per cent. After accounting for a one-time exceptional item of USD 2.43 million (Rs 215 million) linked to labour code changes, net profit after tax stood at USD 0.36 million (Rs 32.6 million). During the quarter, Ramco recorded order bookings of USD 10.62 million, while recurring revenue remained stable at USD 11.29 million. The unexecuted order book stood at USD 149.74 million, providing visibility for future revenue execution. Cash balance as of December 31, 2025 was maintained at USD 11.77 million. On the business front, the company added several marquee customers across payroll, aviation and logistics solutions. These included new payroll standardisation projects across the Middle East, Australia, India, the Philippines and Southeast Asia, as well as aviation software deployments for defence, MRO and charter service providers. A global logistics company also went live with Ramco’s logistics solution across multiple Asia-Pacific markets. Ramco Payce was certified as a Workday Global Payroll Connect partner and received multiple honours at the HR Vendors of the Year 2025 Awards. Commenting on the performance, Abinav Raja, Managing Director, Ramco Systems, said the company’s focus on modernisation, talent expansion and AI-led capabilities is expected to enhance product quality and customer value as it scales. Sandesh Bilagi, President and COO, Ramco Systems, noted that steady revenue performance, consistent project delivery and improved customer engagement have strengthened operational momentum, with emphasis now shifting towards faster order closures in the coming quarters.

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