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.
Investment of Choice
RS Software is committed to maximizing value for all our stakeholders by pursuing our vision of being the global leader in technology solutions for the electronic payments industry.
Invvestment of Choice
RS Software is committed to maximizing value for all our stakeholders by pursuing our vision of being the global leader in technology solutions for the electronic payments industry. The company was founded in 1991 to provide customized software solutions to payments providers. Today our client list includes the world’s leading payment brands.
We are committed to an aggressive growth strategy for our business built on innovation that continues to strengthen our position in the global IT payments. Our domain expertise has helped clients address many critical trends in the payments industry, such as the convergence of payment types, the proliferation of mobile devices, the move to cloud computing and the introduction of new strategies, such as behavioral targeting.
We deliver value to our clients through our understanding of the payment transaction’s entire life cycle. We apply a unique methodology developed for the payments industry to create products and services that help our clients transform the industry. We constantly refine our approach to meet the dynamically changing requirements those clients. We maximize productivity while minimizing learning curves through our comprehensive knowledge management process.
RS Software provides solutions to financial institutions, payment network providers, payment processors and technology companies in payment industry. We have developed and maintained mission critical applications for leading payment providers in North America, Japan and UK. With offices in in the US, Canada, UK and India, RS Software employs more the 1,000 professionals with unmatched expertise in the payments space.
Founded by the US-based entrepreneur Raj Jain, the mission of RS Software from the beginning has been to provide quality software services to international markets. In support of this mission we have instituted global best practices in the areas of people management and process architecture to build a world-class delivery organization. We maintain the highest standards for compliance, security and quality including the ISO 9001:2008, SEI-PCMM Level 3 and ISO 27001:2005 Information Security certifications.
Annual Report Archives
Quarterly Report Archives
Shareholder Composition of the Company (as on March 31, 2018)
% of Shareholding
Promoters & Promoter Group
Shares held by Employees' Trust
View RS Software Share Price on Bombay Stock Exchange
Q1. Who are the key target audiences for the company?
Q2. Who are the key influencers for the company?
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.
Q3. Where is RS Software located and how many people work for the company?
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.
Q4. What are the Corporate Social Responsibility (CSR) initiatives that you have been associated with?
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.
Q5. What corporate governance initiatives, such as reconstitution of the board, has the company taken?
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.
Q6. What is the source of capital?
Q7. Does the company primarily generate services income or does it also have Intellectual Property Rights (IPRs) built around certain re-usable components, tools and software products from which recurring licensing income could be derived?
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.
Q8. I would like to know more about RS Software. How do I obtain information about the company?
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.
Q9. What will the company focus on going forward?
- 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.
Q10. Who are your independent auditors?
M/s. Chaturvedi & Company of 60, Bentinck Street, Kolkata
Q11. Who is RS Software’s transfer agent?
M/s. C.B. Management Services (P) Ltd. of P-22, Bondel Road Kolkata
Q12. I want to speak to someone in RS Software’s Investor Relations department. Who should I contact?
Please contact the Compliance Officer of our Company, Mr. Vijendra Surana, CFO & Company Secretary. He can be reached at: firstname.lastname@example.org
Q13. How can I buy RS Software stock?
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.
Q14. Where can I find the CSR Policy of RS Software (India) Limited?
Q15. Where can I find the Related Party Transaction Policy of RS Software (India) Limited?
Q16. Where can I find the Vigil Mechanism Policy RS Software (India) Limited?
Q17. From where do we see the Compliance Report as per Regulation 7 (3) of SEBI (LODR) Regulations, 2015 (“Listing Regulations”)?
Click here to download.
Financial Highlights FY 2015-16
- Digital Payments drive the growth strategy at RS Software
- Company reports 12% Q-o-Q Revenue growth (growing from Rs 26.82 Cr (Q3) to Rs 30.06 Cr (Q4))
- 20% dividend declared, subject to shareholders approval
- Profit Before Taxes is at Rs. 14.39 Cr (margin 7%) in FY 16
- Net Profit is at Rs 10.61 Cr (margin 5%) in FY 16
- Net Worth increased from Rs 223.96 Cr in March 15 to Rs 232.37 Cr in March 16, an increase of 4%
- Book Value per share increased from Rs 87.22 in March 15 to Rs 90.44 in March 16, an increase of 4%
- Free Cash Flows have increased by 30% from Rs 147 Cr in March 15 to Rs 191 Cr in March 16
Corrigendum (Annual Report 2017-18)
List of shareholders whose Dividend Warrants are still lying un-paid /un-claimed
Details of Transfer of Equity Shares in the Investor Education and Protection Fund
Click here to view Investor Communication - January 2016
Click here to view Investor Communication - October 2015
Credit rating upgraded to CARE A+ in FY 14-15
Bombay Stock Exchange Ltd. (BSE)
National Stock Exchange of India Ltd. (NSE)
National Securities Depository Ltd. (NSDL)
Central Depository Services (India) Ltd. (CDSL)
Stock Codes for RS Software