Ramco Systems posts Q2 revenue of USD 19.20m, up 4% QoQ

Maintains EBITDA at USD 2.87m

Chennai, INDIA – October 23, 2026 – Ramco Systems (BSE – 532370, NSE – RAMCOSYS), a global enterprise software company offering next-generation SaaS-enabled platform and products, today announced the results for the second quarter of the financial year 2026-27.

For the quarter ended September 30, 2026 (Q2: 2026-27), the global consolidated income of Ramco Systems Limited stood at USD 19.35m (Rs. 183.29cr). The net profit after tax for the quarter stood at USD 0.03m (Rs. 0.24cr).

Results at a Glance:

Financial Highlights:

• Recurring revenue stood at USD 12.09m
• EBITDA for the quarter stood at USD 2.87m
• Unexecuted Order Book increased to USD 161m, reflecting good order closures in Q2
• Cash Balance stood at USD 13.65m

Business Highlights:

• Won new customers across the Middle East, Europe and Southeast Asia, including:
  • Royal Jordanian Airlines, the National carrier of the Hashemite Kingdom of Jordan, selected Ramco Aviation Software to support its next phase of growth
  • CFS Aero, a leading UK-based aerospace engineering company, chose Ramco to streamline its Engine and Auxiliary Power Unit (APU) MRO operations
  • A global drilling solutions company selected Ramco Payce to transform its payroll operations across four Middle Eastern countries
  • A leading Middle Eastern shipping company entrusted Ramco with streamlining payroll for its workforce
  • A Southeast Asian coal mining company partnered with Ramco to automate and simplify its payroll processes
• Delivered go-lives across Payroll and Aviation, including:
  • Aurecon, an Asia Pacific engineering consultancy, now runs payroll across seven Asian countries as a single managed service on Ramco Payce, integrated with Workday
  • Cromwell Property Group, a real estate investment platform, has moved its Australian payroll onto Ramco’s platform
  • Ornge, Ontario’s air ambulance and critical care transport provider, has moved maintenance execution operations for its AW-139 and PC-12 fleets to a paperless, mobile workflow with Ramco’s Digital Task Card and Mechanic Anywhere app
  • A Southeast Asian line maintenance services provider is now running its operations on Ramco Aviation Software
• Signed a Memorandum of Understanding (MoU) with Safran Helicopter Engines SAS, to collaborate on enabling seamless integration of Safran’s engine data with Ramco Aviation Software
• Recognized as a Best Tech Brand 2026 by ET Edge - The Times Group

Abinav Raja, Managing Director, Ramco Systems, said, “As we continue our transformation, our focus remains on strengthening execution discipline, improving organizational effectiveness, and building greater engineering talent density. We are sharpening our product development processes and accelerating the transition of our portfolio to fully AI-native solutions, enabling sustainable long-term growth.”

Sandesh Bilagi, CEO, Ramco Systems, said, “Order booking this quarter was the highest in eight quarters. That is the clearest signal yet that our two priorities are working: making Ramco an AI-native company and scaling the business. Our AI-native products are generating strong interest among customers and prospects and that engagement is building a healthy pipeline. Sharper go-to-market execution is converting more of it into wins. We will continue to invest in AI talent, product and sales over the next two quarters, and we expect this momentum to flow progressively into revenue.”