
Ramco Systems vs NIIT Learning Systems: Share Price, Comparison and Key Differences
Ramco Systems MCap Rs 2,401 Cr, PE 57.79x, ROE 17.19%, D/E 0.12. NIIT Learning Systems MCap Rs 3,348 Cr, PE 13.09x, ROE 16.06%, D/E 0.21, Div 1.33%.
Updated: 12 Aug 2026 • 10:01 am
Posted by:

Ramco Systems vs NIIT Learning Systems is a comparison enterprise software investors look up when evaluating two listed Indian SaaS companies with distinct business models. Ramco Systems, a Chennai-based company (Ramco Group), provides cloud ERP and HCM (Human Capital Management) SaaS software to aviation (MRO), manufacturing, payroll and logistics companies globally. NIIT Learning Systems, a Gurugram-based company (demerged from NIIT Limited), is a managed training services (MTS) provider – managing corporate learning and development programs for large global companies as their outsourced training arm. Ramco Systems vs NIIT Learning Systems covers cloud ERP SaaS versus corporate training outsourcing.
This Ramco Systems vs NIIT Learning Systems article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.
Reach and Market Position
In this Ramco Systems vs NIIT Learning Systems comparison, Ramco Systems provides cloud ERP for MRO (maintenance, repair and overhaul), HR/payroll, manufacturing and supply chain to airlines, defence and manufacturing companies across 35+ countries. Market capitalisation is Rs 2,401 Cr.
Click Here – Get Free Investment Predictions
NIIT Learning Systems manages corporate training programs for large clients including global banks, technology companies and manufacturers as their outsourced learning department. Market capitalisation is Rs 3,348 Cr.
Key Products and Business Mix
For the Ramco Systems vs NIIT Learning Systems product breakdown, Ramco Systems: Ramco earns from cloud ERP/HCM subscriptions, implementation services and managed services. EPS is Rs 11.05. PE is 57.79x, ROE 17.19 percent, D/E 0.12.
NIIT Learning Systems: NIIT Learning Systems earns from managed training services contracts. EPS is Rs 18.54. PE is 13.09x (very cheap!), ROE 16.06 percent, D/E 0.21. Dividend yield 1.33 percent.
Latest Results and Financial Data
On the Ramco Systems vs NIIT Learning Systems results front: Ramco Systems has a market cap of Rs 2,401 Cr and PE of 57.79x. ROE is 17.19 percent. Ramco has a premium PE typical of cloud SaaS companies with recurring revenue.
NIIT Learning Systems has a market cap of Rs 3,348 Cr and PE of 13.09x. ROE is 16.06 percent. NIIT Learning is 1.4 times larger than Ramco with a dramatically cheaper PE (13.09x vs 57.79x).
Compare Ramco Systems and NIIT Learning Systems Fundamentals on the Univest Screener
Stock Performance and Valuation
Investors tracking the Ramco Systems vs NIIT Learning Systems comparison should verify current prices on NSE or BSE before trading. The Ramco Systems vs NIIT Learning Systems stock data below reflects the latest available figures from Groww and public company filings.
Ramco Systems vs NIIT Learning Systems at current valuations: Ramco trades at Rs 2,401 Cr market cap, PE 57.79x, ROE 17.19 percent. NIIT Learning trades at Rs 3,348 Cr market cap, PE 13.09x, ROE 16.06 percent. Both have similar ROE but very different PEs. NIIT Learning is dramatically cheaper on PE with a higher dividend yield.
Ramco Systems vs NIIT Learning Systems: Quick Comparison Table
The comparison table below summarises the key metrics side by side.
| Parameter | Ramco Systems | NIIT Learning Systems |
|---|---|---|
| Sector | Cloud ERP: aviation MRO + payroll + manufacturing SaaS (35+ countries) | Managed training services: outsourced corporate learning (global clients) |
| Market Cap | Rs 2,401 Cr | Rs 3,348 Cr |
| P/E Ratio | 57.79x | 13.09x (cheap!) |
| ROE | 17.19% | 16.06% |
| Debt to Equity | 0.12 | 0.21 |
| Revenue Model | SaaS subscriptions + implementation | Long-term MTS contracts (outsourced training) |
| Dividend Yield | None | 1.33% |
Conclusion
The Ramco Systems vs NIIT Learning Systems comparison above covers reach, products, results and valuation. Ramco Systems vs NIIT Learning Systems covers enterprise cloud ERP versus corporate training outsourcing. Ramco is a cloud SaaS company with aviation and manufacturing ERP – a premium PE is typical for SaaS. NIIT Learning is a steady, cash-generative managed training services company trading at a significantly lower PE. Ramco vs NIIT Learning investors should track customer wins, contract renewals and cloud ARR (Annual Recurring Revenue) for Ramco, and global corporate training spend for NIIT Learning. Consult a SEBI-registered advisor for personalised guidance.
Download the Univest iOS App or Univest Android App to track Ramco Systems and NIIT Learning Systems live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does Ramco Systems make?
Ans. Ramco Systems provides cloud ERP software for aviation MRO (maintenance, repair and overhaul), manufacturing and supply chain, and HR/payroll management. It is particularly known in the global aviation software market.
What is managed training services (MTS)?
Ans. Managed Training Services (MTS) involves a company outsourcing its entire learning and development function to a specialist vendor like NIIT Learning Systems. NIIT Learning then manages training needs assessment, content, delivery and measurement for the client company.
What is aviation MRO software?
Ans. MRO (Maintenance, Repair and Overhaul) software manages the complex maintenance schedules, spare parts, regulatory compliance and workforce management for commercial airlines, defence organizations and aerospace companies. Ramco is one of the global leaders in this niche.
Are Ramco and NIIT Learning in Nifty 50?
Ans. Neither is in Nifty 50. Both are tracked in smaller indices.
Which is larger, Ramco or NIIT Learning?
Ans. NIIT Learning Systems at Rs 3,348 Cr is approximately 1.4 times larger than Ramco Systems at Rs 2,401 Cr.
Does NIIT Learning Systems pay dividends?
Ans. Yes. NIIT Learning Systems pays a dividend yield of approximately 1.33 percent.
Is Ramco Systems related to Ramco Cements?
Ans. Yes. Ramco Systems is part of the Ramco Group (Madurai-based P.R. Ramasubrahmaneya Rajha group) which also includes Ramco Cements (India's largest cement company in South India). However, they are separately listed, independent companies.
Recent Articles

PI Industries Q1 FY27 Results: Revenue Rs 1,702 Cr, PAT Rs 242 Cr and Key Highlights
12 August 2026

Electronics Mart India Q1 FY27 Results: Revenue Rs 2,418 Cr, PAT Rs 120 Cr and Key Highlights
12 August 2026

Rail Vikas Nigam Q1 FY27 Results: Revenue Rs 4,321 Cr, PAT Rs 153 Cr and Key Highlights
12 August 2026

Entero Healthcare Q1 FY27 Results: Revenue Rs 1,940 Cr, PAT Rs 52 Cr and Key Highlights
12 August 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
PI Industries Q1 FY27 Results: Revenue Rs 1,702 Cr, PAT Rs 242 Cr and Key Highlights
Electronics Mart India Q1 FY27 Results: Revenue Rs 2,418 Cr, PAT Rs 120 Cr and Key Highlights
Rail Vikas Nigam Q1 FY27 Results: Revenue Rs 4,321 Cr, PAT Rs 153 Cr and Key Highlights
Entero Healthcare Q1 FY27 Results: Revenue Rs 1,940 Cr, PAT Rs 52 Cr and Key Highlights
MRF Q1 FY27 Results: Revenue Rs 8,415 Cr, PAT Rs 495 Cr and Key Highlights

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





