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R Systems International Ltd.

BSE: 532735 Sector: IT
NSE: RSYSTEMS ISIN Code: INE411H01032
BSE 00:00 | 08 Aug 243.90 -3.75
(-1.51%)
OPEN

245.00

HIGH

249.60

LOW

240.15

NSE 00:00 | 08 Aug 243.30
(%)
OPEN

250.00

HIGH

250.00

LOW

241.25

OPEN 245.00
PREVIOUS CLOSE 247.65
VOLUME 5264
52-Week high 354.55
52-Week low 185.00
P/E 22.94
Mkt Cap.(Rs cr) 2,885
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 245.00
CLOSE 247.65
VOLUME 5264
52-Week high 354.55
52-Week low 185.00
P/E 22.94
Mkt Cap.(Rs cr) 2,885
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

R Systems International Ltd. (RSYSTEMS) - Chairman Speech

Company chairman speech

Fellow Shareholders

We have concluded another challenging yet exciting year in 2021 which started with themost challenging peak of this pandemic trembling the foundation of the global healthcareinfrastructure. Prioritising our employees' wellbeing and their families during theseunprecedented times became a strategic priority for us at R Systems. We have implementedseveral strategic initiatives to help us achieve this goal. These initiatives includedorganizing vaccination camps in our offices to support our employees and their families toget vaccinated as per the guidelines urgent health care support to our employees andtheir families and conducting several health seminars to raise awareness about COVID-19.We are fortunate that the Omicron variant has turned out to be less severe than previousvariants. The efficient rollout of vaccines and strengthened global health care systemshave helped gain considerable control over the situation. We now seem to be moving towardsa renewed sense of normalcy.

This pandemic has globally transformed the dynamics of business operations. It hasexposed a dependency on physical infrastructure as a core weakness in business modelsacross verticals and emphasized opportunities to digitalise business operations throughthe adoption and integration of digital technologies. At R Systems we are well equippedto understand these limitations and offer systemic and strategic services and solutions toour clients.

Every business faces different sets of challenges. These may include constraints inscaling sales operations inefficient enterprise collaboration or the inability toreceive actionable business insights on time. This range of issues means that a successfuldigital transformation solution needs to handle challenges specific to a business segmentwhile also considering the industry in which it operates. R Systems' services portfoliobrings together our technical expertise from design to platform and mobile to cloud tointelligent Automation. Our domain experts speak the language of "business" as

fluently as that of "technology". This proficiency effectively enables us totranslate specific business goals into coherent technology solutions that help ourcustomers overcome their business challenges.

Furthermore we find that businesses usually possess vast volumes of enterprise datathe size of which grows exponentially. Generally most of these Data Sets are notstreamlined and as a consequence are not monetised to provide powerful business insights.Our AI big data

ML and data analytics services and solutions enable businesses to generate actionablebusiness insights which have a significant positive impact on their business outcomes.

We ended the year at '1155.6 Cr. (US$156.5 mn.) revenue representing +31% growth yearon year surpassing the critical milestone of US$150 mn. in annual revenues. We attributethis robust performance to an increased demand for our product engineering and digitalofferings a deepened relationship with existing customers and a decent flow of sizablenew deals. We are currently serving customers with contracts worth more than a milliondollars including six accounts contributing more than three million dollars in revenueson a run- rate basis.

Furthermore we improved our EBITDA margins from 13.3% in FY 2020 to 14% in FY 2021amid the attrition challenges in the industry. We also strengthened our human capital byonboarding 900+ associates to support the strong sales funnel especially for our digitaland technology services and solutions.

We also have incentivised key talent sets to offset attrition challenges in theindustry to pursue our growth journey seamlessly.

Our Net Profit after taxes was '141.4 Cr. (US$19.2 mn.) during FY 2021 which amountedto a year on year growth of 73%. The resultant EPS was '11.8 against '6.8 in FY 2020.

We rewarded our shareholders with dividend of '68 Cr. and a buyback of '37 Cr. lastyear for their ongoing support. We continue to have a strong balance sheet with a networth of '460 Cr. including a cash and bank balance of '277 Cr. to support liquidity andbusiness growth.

This strong performance has given us momentum to unleash a next-gen digital evolution.We have partnered with leading ISVs enterprises and early-stage companies acrossindustries to achieve their digital transformation goals. Our collaborations with leadingtechnology giants like Microsoft Salesforce AWS Automation Anywhere and Dell Boomialong with smaller niche players ensure that we are well-positioned to offer cutting edgesolutions to solve the most pressing business and technology issues.

As the pandemic continues to ease we have commenced hybridworking in our overseasoffices and planned to start work-from-office or hybrid-working at our India centres inline with government guidelines. We are also expanding our Greater Noida SEZ deliverycentre by 48000 square feet to facilitate work-from- office along with catering to ourgrowth aspirations.

While we advance ourselves and prepare R Systems for the future we are equally focusedon driving value for the communities that surround us. We believe that not only canbusinesses co-exist with society but they can also uplift each other in times of need. Asa purpose-driven organisation we have continued to contribute towards promotinginitiatives in the areas of education welfare and sports. By supporting the nextgeneration in education and sports we hope that they will be able to handle newchallenges and build a happy and agile society.

The world is now facing another geopolitical challenge in Eastern Europe. I would alsolike to take this opportunity to extend my sympathy and support to millions of innocentpeople who are suffering due to this conflict. I am hopeful that the relevant politicalleaders can resolve this conflict in a peaceful and diplomatic manner.

In closing I am thankful to all of our shareholders business partners customersemployees and all the government agencies for their much- needed support and faith in RSystems.

Sincere Regards

Dr. Satinder Singh Rekhi

Managing Director and CEO

.