
R Systems International Reports 30% Revenue Growth and 51% EBITDA Growth in Q2 FY2026
R Systems International Limited, a company specializing in digital product engineering, has reported robust financial results for the quarter and six months ended June 30, 2026. The company saw significant growth across its key metrics, driven by sustained demand for its AI-first services and platform adoption among mid-market enterprises.The consolidated results show strong performance for Q2 FY2026, with revenue reaching Rs. 6,017 million (US$ 63.6 million). This represents a year-on-year growth of 30.2% in INR terms and 17.7% in US$ terms. Adjusted EBITDA stood at Rs. 1,207 million (US$ 12.8 million), marking a 51.4% increase compared to Q2 FY2025, while Adjusted Net profit after taxes was Rs. 629 million (US$ 6.6 million), showing a year-on-year rise of 35.4%.
For the first half of fiscal year 2026 (H1 CY 2026), R Systems recorded consolidated revenue of Rs. 11,765 million (US$ 126.4 million). This registered a 30.1% year-on-year increase in INR and 20.3% in US$ terms. The company achieved an Adjusted EBITDA of Rs. 2,364 million (US$ 25.4 million), demonstrating a 51.0% growth compared to H1 FY2025. Adj. Net profit after taxes for the half-year period was Rs. 1,387 million (US$ 14.9 million), reflecting a 54.4% year-on-year increase.
Strategic Highlights and Market Recognition
Nitesh Bansal, Managing Director & CEO of R Systems, stated that Q2 FY2026 highlighted the company’s commitment to its AI native strategy as mid-market enterprises transition from experimentation to production-grade AI adoption. Revenue growth for the quarter in US$ terms was 17.7%, and for the first half of CY 2026, it stood at 20.3%. This expansion is attributed to the demand for AI first engineering services facilitated by EXIQO, R Systems’ AI Studio, which utilizes the OptimaAI platform across client engagements.Bansal also noted that R Systems was recognized as a Horizon 2 GCC Accelerator in the HFS Horizons: GCC Services, 2026 Report. This recognition validates the company's AI first GCC model and platform-led delivery approach, positioning enterprises to view GCCs as strategic innovation hubs rather than merely cost arbitrage centers. The company’s proprietary portfolio of accelerators, including GCC Copilot, OptimaAI, EXIQO, and C-Osmosis, is supported by over 1,400 AI experts, 150+ reusable AI agents, and 18 industry blueprints.
Financial Health and Client Engagements
Nand Sardana, Chief Financial Officer, commented that the company achieved an Adjusted EBITDA margin of approximately 20.1% during Q2 FY2026 (17.7% in US$ terms), with revenue growing at 17.7%. For the first half of CY 2026, revenue grew by 20.3%, maintaining an Adjusted EBITDA margin of around 20.1%. Sardana attributed this margin performance to disciplined cost management and improved operating leverage from the platform led model, while also noting ongoing investment in AI capabilities for long-term growth.In terms of corporate liquidity, cash and bank balances, net of short term borrowing, increased to Rs. 3,351 million as of June 30, 2026, up from Rs. 2,726 million recorded on December 31, 2025. Furthermore, total equity attributable to shareholders reached Rs. 10,983 million on June 30, 2026, compared to Rs. 10,323 million as of December 31, 2025.
Notable Deal Wins
R Systems secured several high profile engagement wins across various sectors:- A global telecommunications and media company engaged R Systems for advanced analytics, data science, and intelligence solutions to optimize operations and accelerate growth.
- R Systems established a Global Capability Center (GCC) for a leading U.S. small business lender, focusing on AI Product Engineering and Digital Operations Services to drive innovation in AI powered lending.
- A leading global insurance and financial services provider partnered with R Systems to advance its High Net Worth (HNW) Reimagine initiative using AI powered quality engineering.
- A major global financial services and market access provider selected R Systems to lead a Microsoft Dynamics 365 Retail transformation, integrating AI and omnichannel platforms for customer modernization.
- A U.S.-based AdTech company partnered with R Systems to modernize its core advertising platform using AI-powered software engineering without operational disruption.
Operational Performance Summary (Q2 FY2026)
The financial health of R Systems is reflected in the following key operational metrics for Q2 FY2026, compared against Q1 and H1 2025 performance:| Metric | Q2 FY2026 | Q1 FY2026 | Q2 FY2025 |
|---|---|---|---|
| Revenue (INR in mn) | 6,017.01 | 5,747.68 | 4,620.15 |
| Adjusted EBITDA Margin (%) | 20.07% | 20.12% | 17.26% |
| Net Profit (INR in mn) | 555.70 | 654.14 | 758.54 |
Financial Position as of June 30, 2026
The company’s balance sheet structure is presented below:| Particulars | As at June 30, 2026 (Audited/Unaudited) | As at December 31, 2025 (Audited) |
|---|---|---|
| Total Equity Attributable to Shareholders (INR mn) | 10,982.68 | 10,323.23 |
| Total Liabilities and Equity (INR mn) | 21,104.50 | 21,021.85 |
| Cash and Cash Equivalents (INR mn) | 3,330.15 | 3,084.49 |
RSYSTEMS Stock Price Movement
On Tuesday, shares of R Systems International Limited shed value, closing down 1.30% to settle at ₹271.60 after trading faced a low near ₹266.90 during the session. The stock activity accounted for 292,811 traded shares as the company closed below its previous day's close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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