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Third Quarter Fiscal 20-21 Results

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Digital Transformation, Inspired by Innovation – Annual Report 2020

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Fiscal Year 19-20 Highlights

Annual Revenue

USD81.03Mn

EBITDA

13%Growth YoY

Profit After Tax

USD1.45Mn

Million-Dollar-Plus’ Deals

21

Unexecuted Order Book (as on March 31, 2020)

USD166.55Mn
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In the world of business today, speed matters more than anything else, and Digital Transformation will be possible only when organizations are agile. Transforming operations will bring in operational excellence that will be driven by technology thus paving way for innovation and excellence. This is where Digital Transformation steps in. We, at Ramco, continue to emphasize on the fact that a true Digital Transformation is all about results that should be driving an improvement that is not just incremental but substantial. What was expected to become a need by 2025, has now become urgent and important.

UAE-based Horizon Hospitality Holdings TRUSTS Ramco HCM

Chennai / Dubai - December 19, 2016

Dubai, UAE/ Chennai, India – December 19, 2016 – Horizon Hospitality Holdings LLC, UAE-based food service operator, representing brands including ABD El Wahab, Asia Asia, Vapiano, Lock Stock & Barrel and Que 43, today announced that it will implement Ramco Systems HCM offering integrated with Global Payroll, to streamline its regional HR and payroll functions.

Dubai-headquartered Horizon, which runs five F&B and entertainment brands in the UAE, will replace its legacy HR software with Ramco’s complete HR suite covering Core HR, Recruitment, Talent Management, Payroll and Time & Attendance. The integrated suite with web-based Time & Attendance will enable Horizon gain real-time visibility of staff across its 40+ outlets enabling better manpower planning and movement. Employees will now be empowered to carry out self-service transactions from anywhere using Ramco Mobile apps.

Carolyn Coe, Group HR Manager, Horizon Hospitality Holdings LLC, said, “As one of Dubai’s leading hospitality operators, Horizon Hospitality has become synonymous with speed and quality of service. Ramco’s cloud-based HR platform will help us streamline the outdated manual processes and equip us with exciting new digital toolset, freeing us up to focus on better service delivery, across our outlets.”

Virender Aggarwal, CEO, Ramco Systems, said, “Our win at Horizon Hospitality strengthens Ramco’s foothold in the Middle East and consolidates our extensive track record as a global provider of user-friendly, mobile-centric HR software. This win further reaffirms our leadership in the Hospitality segment where we count brands like Kerzner International (Palm Atlantis) and JA Resorts as clients in the region.”

Trusted by 400+ global customers, Ramco HCM & Global Payroll with Time & Attendance is compliant with statutory and taxes across 35+ countries and has partnerships to cover Payroll for 108 countries, globally. Recognized as an Achiever in Everest Group’s Multi-Country Payroll Assessment, Ramco HCM with built-in Mobility and Intuitive user experience continues to add on an average two new customers a week in 2016. With a comprehensive coverage of APAC, Middle East and Australia, Ramco Global Payroll covers countries such as Hong Kong, Philippines, Thailand, Indonesia, Singapore, Malaysia, Vietnam, China, India among others in APAC; all of GCC and Egypt, Nigeria, Ghana, Sudan, Republic of S. Africa, in Middle East-Africa; Australia, New Zealand, United States and UK.

About Horizon Hospitality Holdings LLC:
Horizon Hospitality is the newest owner and operator of food service brands within the UAE. By committing to an aggressive and increasingly diverse expansion plan, we will continually reward and enhance the experience of growing number of customers and employees. Horizon Hospitality’s in-depth industry and market knowledge, coupled with our philosophy of viewing change as opportunity, will be the cornerstone of our on-going and future success.

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