INVESTORS

Investment of Choice

RS Software is engaged in strengthening its business around business profitability and sustainability and continues to demonstrate the principles of ‘invest, perform and create’

Digital payments are today the priority for each country globally, and regulators across the world are focused on achieving financial inclusion thru the power of digital payments.

RS Software envisions a world where we can enable transactions that occur as fast as you think it. We make payments frictionless and seamless.

Opportunities continue to grow: As the world is going digital, the way we live and pay for what we need is going thru major transformation and hence the demand for digital payments. As an example, Ecommerce is perhaps one of the most visible success stories of the digital age in every part of the world, including India. But even today Ecommerce represents no more than 10-12% of the $ 15 trillion retail industry globally. Clearly we have seen only tip of the iceberg. Regulators are constantly bringing about changes to help achieve inclusion in digital payments, such that it spreads to all sections of the society. Faster payments/Real time payments are becoming more user friendly. Large global technology players like Apple, Amazon, Facebook, Google and investor community in general is accelerating investments in digital payments. As a result the growth in digital payments is now a secular trend, creating ongoing opportunities for companies like RS Software. There are approximately 400 billion electronic/digital payment transactions that happen today globally, and this is likely to reach 1000 Billion within the next 3 years. Research companies and leaders like Mckinsey are observing that the pace of growth is higher than forecasted in several markets in the world. Research dollars are pouring into Authentication methods to reduce fraud. Acceptance infrastructure needs to expand to accommodate the demand of consumers and businesses and that of government. Later in this report we have included RS Software’s approach and efforts in these two areas. Strategic clarity and coherence: The execution of the last three years at the company has brought about significant learning which is bringing strategic clarity to our market facing direction in particular and coherence across all business functions. Companies that do three things together are better positioned for a sustainable course of high performance, and starting with 2018-19 the company continues to be focused on achieving this objective. First, they create clarity and coherence in their strategy, articulating the differentiating capabilities that they will need to win in the marketplace. Second, they put in place an optimized cost structure and approach to capital allocation, with continual investment in the capabilities critical to success, while proactively cutting costs in less-critical areas to fund these investments. Third, they build supportive organizations. They redesign their structures, incentives, decision rights, skill sets, and other organizational and cultural elements to more closely align their behavior to their strategy, and to harness the collective actions of their people.

Gamechangers: The company has demonstrated success in building payment platforms that are gamechangers both for RS Software and for India as a country. Even as the company is marching towards revenue level growth that it is capable of executing, there is a huge validation and reinforcement achieved in fulfilment excellence, which has strengthened the MOAT of the company forever.

Our commitment: Turnaround -> strengthening -> growth acceleration

At RS Software we are engaged in strengthening our business around business profitability and sustainability. The company continues to demonstrate the principles of ‘invest, perform and create’. These principles reinforce our commitment to be an investment of choice.

Financial Report

Corporate Governance

Shareholder Composition of the Company (as on December 31, 2023)

Caragory % Sharehlder
Promoters & Promoter Group 40.67
Public 59.33
Shares held by Employees’ Trust 0.00
Total 100.00
Share Price

View RS Software Share Price on Bombay Stock Exchange

Compliance Report

INVESTOR FAQ

Our key target audiences include existing customers, prospective clients, alliance partners, past/present/future employees, investors/analysts/shareholders, media, research firms, and government as well as regulatory agencies.

The rapid growth in electronic payments volume and new payment types forces payment providers to constantly revise their strategies, shorten their time to market, and create new products and services. RS Software provides solutions to help them meet these challenges.

RS Software’s offices are located in the US, UK, Singapore and India employing more than 1,000 professionals to deliver high quality solutions for payment networks, processors, acquires, issuers, and other payment industry companies.

RS Software was one of the first companies in Kolkata to set up offshore operations in the Electronic Complex at Salt Lake. We have played a major role in creating employment opportunities for engineers and science students who wish to join the IT industry. We provide opportunities for summer training to engineering students in their final semesters. The company has also distributed used PCs to several charitable organizations and RS Software’s employees have donated generously to the Prime Minister’s national earthquake and tsunami relief funds. The RS Club regularly organizes donation of garments to destitute children through recognized NGOs. We also sponsor several educational programs run by charitable institutions. We have created a CSR Fund, which contributes towards building social infrastructure including education and health care facilities for underprivileged segment sof the society.

The company’s board members are from different disciplines. We utilize committees, have proportionate independent directors on the board, hold regular committee meetings with not more than a four month gap between meetings and publish the audited financial results every quarter. We update disclosures as required to comply with standard accounting practices and policies. We have these disclosures and revisions certified by independent auditors.

RS Software offers a comprehensive set of services that includes custom application development, quality assurance and testing, application management and support and strategic consulting. We do deploy reusable components and tools. The company focuses on innovation via the RS Payments Lab where research work on new and emerging technologies is conducted. The company has filed patent applications in India and The USA. Our long-term business projections take into account the significant domain expertise we have built over the two decades in payments systems and contain revenue projections from IPR-based tools and frameworks. We are actively developing our strategic consulting business.

RS Software’s annual report provides a comprehensive overview of the company. Additional information about RS Software such as a company history can be found in “About Us.” Information on our service offerings may be found in the “What We Offer” section of the website.

– Strengthen and expand our sales and marketing globally. – Investment in additional technology and infrastructure. – Continued benchmarking of best management practices in the payments industry. – Develop an advisory board with core knowledge and leadership in the payments industry. – Use capital market strategies that compliment the company’s organic growth.

M/s. Chaturvedi & Company of 60, Bentinck Street, Kolkata

M/s. C.B. Management Services (P) Ltd. of P-22, Bondel Road Kolkata

RS Software’s stock is listed on both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). You can directly buy stocks online and also through Registered Brokers.

HIGHLIGHTS

Financial Highlights Q2 2023-24

  • Half yearly revenue for the half year ending 30th September 2023 increased by 2.64 times as compared to half yearly revenue for the half year ending 30th September 2022
  • Half yearly profit for the half year ending 30th September 2023 increased by 2.73 times as compared to half yearly revenue for the half year ending 30th September 2022
  • Quarterly revenue for the quarter ending 30th September 2023 increased by 17% as compared to previous quarter ending June 30 2023
  • Quarterly profit for the quarter ending 30th September 2023 increased by 20% as compared to previous quarter ending June 30 2023

Credit Rating upgraded to CARE

Listing

Bombay Stock Exchange Ltd. (BSE)

National Stock Exchange of India Ltd. (NSE)

Depositories

National Securities Depository Ltd. (NSDL)

Central Depository Services (India) Ltd. (CDSL)

Stock Codes for RS Software

BSE 517447

NSE RSSOFTWARE

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