Established in February 1989 as a part of the Chennai-based Ramco Group, Ramco Systems Limited has evolved into a prominent enterprise software provider. The company specializes in multi-tenant cloud and mobile-based enterprise software, focusing on areas such as Global Payroll, ERP, Logistics, and M&E MRO for Aviation. Ramco Systems offers cloud, mobile, chatbot, and voice-ready solutions for ERP, Global Payroll, Logistics, EAM, and Aviation M&E MRO Software.
As a publicly traded company on the NSE and BSE under the symbol RAMCOSYS, Ramco Systems has established itself as a disruptive force in the enterprise software market. Founded in 1997 and headquartered in Chennai, India, the company has 1,853 total employees and operates globally with locations in several countries, including the United States, China, Canada, Australia, Philippines, Indonesia, India, and South America.
Ramco Systems has carved out a significant niche in the aviation industry with its comprehensive Aviation Maintenance & Engineering (M&E) software. It provides aviation maintenance software for both civil and defense clients. The company's comprehensive end-to-end Aviation Maintenance & Engineering (M&E) / Maintenance Repair & Overhaul (MRO) product is available on both Cloud and On-Premise, supporting the needs of Airlines, Heli Operators, Defense, and MROs.
The Aviation Suite is designed to be accessible on cloud, mobile, and tablets. Ramco Aviation continues to add digital innovations enabling paperless operations, remote offline capability, complete mobility, digital task cards, and straight-through processing to cut down AOG (Aircraft On Ground) time and TAT (Turnaround Time) drastically. Notable clients include Air India, Pinnacle Airlines, CONAIR, PHI, Air Methods, Era Helicopters, AeroMexico Connect, Republic Airways, Chautauqua, Shuttle America, TACA Regional, Air New Zealand's SafeAir Limited, and JEJU Air Co. Ltd.
Recent developments include partnerships with major airlines such as Korean Air, which announced its collaboration with Ramco Aviation in April 2024 to implement Ramco Aviation Suite at its Engine Maintenance Center. Etihad Airways also announced in the same year that it would be implementing Ramco Systems' Aviation Suite V5.9 at the MRO Middle East conference, with Philippine Airlines joining Etihad Airways in using Aviation Suite V5.9.
The company's ERP solutions are built on its proprietary platform. Ramco's key differentiator is its innovative approach to developing products through its revolutionary enterprise application assembly and delivery platform - Ramco VirtualWorks®. Built on Ramco VirtualWorks®, Ramco ERP on Cloud covers the entire spectrum of enterprise functions through a suite of products, including Manufacturing, Financial Management, Supply Chain Management (SCM), Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Asset Management (EAM), Project Management, Process Control, Analytics, and Advanced Planning.
Ramco Systems has developed advanced HR and payroll solutions with artificial intelligence integration. Its HR and payroll software includes AI-based solutions such as its Self Explaining Payslip (SEP) system, launched in 2021, which handles employee payroll queries using automated responses. The company has formed strategic partnerships, including one with Microsoft in 2018 to launch Ramco Global Payroll Software on Microsoft Dynamics 365.
Ramco Logistics Software is an integrated Cloud-based platform built to address the needs of Third Party Logistics (3PLs), Freight Forwarders, Parcel/Courier service providers, and Network Service Providers. It covers areas like WMS (Warehouse Management System), TMS (Transportation Management System), Fleet, Hub Management, HR, and Finance. Ramco Systems' logistics software includes cloud-based solutions for warehouse management, transportation, and fleet management for 3PLs and express parcel providers, offering end-to-end services for e-commerce logistics providers and other businesses utilizing analytics and artificial intelligence.
For the quarter ended March 2025, Ramco Systems showed signs of recovery. The net profit reported was ₹5.31 crore, as against a net loss of ₹23.01 crore during the previous quarter ended March 2024. Sales rose 18.34% to ₹155.26 crore in the quarter ended March 2025, compared to ₹131.20 crore during the previous quarter ended March 2024.
For the full financial year 2025, the company reported a net loss of ₹34.25 crore, as against a net loss of ₹241.93 crore during the previous year ended March 2024. Sales rose 12.46% to ₹591.34 crore in the year ended March 2025, compared to ₹525.83 crore during the previous year ended March 2024.
- Q1 FY2025 Performance: Net Profit of ₹5.31 crore, Sales of ₹155.26 crore
- FY2025 Performance: Net Loss of ₹34.25 crore, Sales of ₹591.34 crore
- Market Capitalization: ₹1652.15 crore (as of 26th May 2025)
- 52-Week High: ₹523
- 52-Week Low: ₹270
- P/E Ratio: -48.22
- P/B Ratio: 5.24
The company is led by Chairperson P R Venketrama Raja, with PV Abinav Ramasubramaniam Raja serving as the managing director. Sundar Subramanian was appointed as the current Chief Executive Officer in the same year.
Ramco Systems has been actively expanding its global presence and capabilities. In 2022, the company established a new development center in Madurai, India, which was its first product development center outside of its headquarters in Chennai. In 2023, Ramco Systems inaugurated its wholly owned subsidiary in Qatar to work with the region's businesses on ERP, HR, and payroll solutions.
The company has also been investing in innovation labs. In 2016, Ramco Systems opened an engineering lab in Singapore. The lab's first anchor partner was Air France Industries KLM Engineering & Maintenance, for whom it advanced aviation IT solutions, along with wearables for ground engineers and drones to inspect aircraft on the tarmac.
Ramco Systems has received several industry accolades for its innovative solutions. Recent recognitions include winning the HR Vendors of the Year 2024 Awards for Best Payroll Software and Best Payroll Outsourcing Partner in Malaysia, Singapore, and Hong Kong. Ramco Systems was also recognized as a 'Leader' in Everest Group's 2024 APAC Multi-Country Payroll (MCP) Solutions PEAK Matrix® for the 3rd consecutive year.
As of March 2025, company promoters held a 53.21% stake in RAMCO SYSTEMS, with no shares having been pledged. The company is classified as a Small Cap company and operates in the Information Technology sector, specifically in IT Services & Consulting.
With its strong focus on innovation, global expansion, and strategic partnerships, Ramco Systems continues to position itself as a key player in the enterprise software market, particularly in aviation maintenance solutions and cloud-based ERP systems.
