This small-cap company acquires Velotio, a leading product engineering and digital solutions company!

Siddharth Mane
/ Categories: Trending, Mindshare
This small-cap company acquires Velotio, a leading product engineering and digital solutions company!

The company maintains a ROCE of 32.3 per cent and a ROE of 21 per cent.

R Systems International is a prominent company that offers a wide range of technology, artificial intelligence, analytics and knowledge services. It collaborates with clients to facilitate and enhance their digital transformation through a diverse portfolio of digital solutions, such as product engineering, cloud enablement, quality assurance testing and digital platforms.  

R Systems, a digital product engineering company, has entered into definitive agreements to acquire Velotio, an India-based provider of product engineering and digital solutions. This acquisition will strengthen R Systems' product engineering capabilities in the technology, media and healthcare sectors and expand its delivery presence in Pune.   

 

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The co-founders of Velotio, Kalpak Shah and Chirag Jog, along with the rest of the team, will join R Systems to drive the company's growth and enhance its engineering capabilities. The Velotio leadership brings extensive experience and expertise in developing complex engineering solutions for diverse industries.  

The company has given impressive returns of 47 per cent in the past year and remarkable returns of 243 per cent over the last three years. Furthermore, it has recorded a solid sales growth of 21 per cent (CAGR) and a profit growth of 44 per cent (CAGR) over the past five years. Additionally, the company maintains a ROCE of 32.3 per cent and a ROE of 21 per cent.  

On Wednesday, shares of R systems International surged by 1.54 per cent from the previous close of Rs 335.60.  

Investors should keep a close eye on this trending stock.  

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1 comments on article "This small-cap company acquires Velotio, a leading product engineering and digital solutions company!"

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P Manjunath Bhat

When are you going to actual figures instead of percentage figures which are in a way deceiving.

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