DRC Systems India Limited
11.34
INR
-0.21
(-1.82%)
ISIN
INE03RS01027
Return %
Stock
S&P 500
1Y
-42.81
14.20
3Y
-18.81
81.12
5Y
-10.47
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Hiten Ashwin Barchha
- Full Time Employees
- 197
- Sector
- Technology services
- Industry
- Packaged software
- Address
- GIFT Two Building Gandhinagar GU India 382050
- IPO Date
- Mar 10, 2021
- Website
- drcsystems.com
- Similar Companies
- Business
- DRC Systems India Limited is an information technology services and product development company headquartered in Gandhinagar, India, founded in 2012. The company offers a comprehensive portfolio of IT and IT-enabled services including custom software development; web and mobile application development; enterprise solutions; cloud engineering and cloud-native services; digital transformation consulting; artificial intelligence, machine learning, and automation solutions; blockchain technology implementations; digital marketing services; and Learning Management Systems (LMS). It specializes in product engineering, hybrid and cloud architecture, and technology consulting for diverse industry sectors such as education, financial services, government, IT, automotive, retail, entertainment, and enterprise businesses. The company operates domestically in India and internationally through its wholly owned subsidiaries, DRC Systems USA LLC and DRC Systems EMEA LLC based in the United Arab Emirates, targeting markets in North America, the Middle East, and beyond. DRC Systems has strategic partnerships including a recent alliance with XDuce Corporation, a global provider of Oracle, Salesforce, Microsoft, and AWS services, aimed at enhancing global expansion and leveraging complementary technological capabilities. In 2023, the company acquired 100% ownership of DRC Systems USA LLC, strengthening its footprint in the U.S. market. It also invested in Dutch firm AutoDAP B.V. and has entered contractual collaborations focused on blockchain-based wallet development. Recent strategic developments include the expansion of its product offering to advanced technologies such as GenAI services, reinforcing DRC's commitment to future-ready digital transformation solutions. The company has escalated client engagement across sectors with ERP migration initiatives and cloud infrastructure modernization, as well as consulting on multi-cloud adoption. Additionally, DRC Systems completed a share subdivision in early 2022 and underwent organizational growth, including setting up new operational workstations to support expanding business volumes. DRC Systems India Limited is publicly traded under the ticker DRCSYSTEMS.NS on the National Stock Exchange of India. It was spun off from Infibeam Avenues Limited in 2020 following a composite scheme of arrangement approved by the National Company Law Tribunal. The company continues to focus on innovation-driven technology solutions designed to fast-track enterprises into the digital era across global markets.